Alight, Inc. / Delaware vs Conduent
Conduent is the larger business, with $3.04bn of revenue in fiscal 2025 against $2.26bn for Alight, Inc. / Delaware (1.3 times as much). Alight, Inc. / Delaware grew faster (-3.0% against -9.4%). Conduent kept more of each dollar of sales as profit: a net margin of -5.6% against -136.9%. Conduent carries less debt relative to equity (100.9% against 192.5%).
| Latest fiscal year | Alight, Inc. / DelawareALIT, 2025 | ConduentCNDT, 2025 |
|---|---|---|
| Revenue | $2.26bn | $3.04bn |
| Revenue growth | -3.0% | -9.4% |
| Net income | −$3.10bn | −$170m |
| Operating margin | -136.6% | — |
| Net margin | -136.9% | -5.6% |
| Return on equity | -115.7% | -22.3% |
| Free cash flow | $250m | −$132m |
| Cash | $273m | $233m |
| Total debt | $2.01bn | $691m |
| Debt to equity | 192.5% | 100.9% |
| Dividend per share | — | — |
| Dividend yield | 16.9% | — |
| Share buybacks | $65.0m | $25.0m |
| Employees | 9,500 | 51,000 |
| Market value | $260m | $243m |
| Price vs our value range | Below our value range | — |
| Moat score | 31 (Weak) | 44 (Weak) |
| Insider trades, 12 months | 9 buys, 0 sales | 5 buys, 0 sales |