undamentalytics Newsletter

DXC Technology Co key statistics and ratios

In fiscal 2026, DXC Technology Co had return on equity of 0.6%, an operating margin of 7.7%, debt equal to 120.8% of equity and a current ratio of 1.36. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

DXC Technology Co: financial ratios, annual
Fiscal year2016Apr 20162017Mar 20172018Mar 20182019Mar 20192020Mar 20202021Mar 20212022Mar 20222023Mar 20232024Mar 20242025Mar 20252026Mar 2026LTMSept 2026
Operating margin5.7%8.1%13.8%15.8%10.5%6.2%8.5%7.9%7.4%7.9%7.7%6.8%
Net margin3.5%−1.6%8.1%6.1%−27.4%−0.8%4.4%−3.9%0.7%3.0%0.1%0.9%
Free-cash-flow margin6.3%4.9%10.8%7.2%10.2%−0.8%7.7%8.0%8.6%8.9%8.2%8.3%
Return on equity12.4%−6.3%22.8%10.1%−66.3%−3.1%14.3%−13.3%2.9%12.9%0.6%3.7%
Return on assets3.2%−1.5%8.2%4.0%−19.3%−0.6%3.4%−3.2%0.6%2.9%0.1%0.9%
Asset turnover0.920.931.020.650.700.740.770.800.920.950.970.98
Current ratio—1.100.980.961.141.011.091.181.171.221.361.15
Debt to equity0.0%156.9%59.4%65.0%207.9%110.8%98.3%125.8%145.5%120.0%120.8%100.1%
Interest cover (operating income ÷ interest)3.3x5.3x9.3x9.8x5.4x3.1x6.7x5.7x3.4x3.8x4.5x3.8x
Effective tax rate——−18.6%19.0%——35.5%—21.1%37.1%91.2%73.7%
SG&A as % of revenue14.9%16.9%8.7%9.4%10.5%11.7%8.7%9.5%9.1%10.5%11.1%10.4%
Capital spending as % of revenue5.0%3.2%1.0%1.4%1.8%1.5%1.6%1.9%1.3%1.9%1.7%2.1%
Free cash flow ÷ net income177.7%—133.8%118.2%——173.7%—>999%295.6%>999%919.6%
Dividends ÷ net income171.3%—9.9%16.7%——0.0%—————
Dividends and buybacks ÷ free cash flow112.8%20.9%13.1%104.6%47.5%—50.4%58.3%76.2%1.2%24.0%25.0%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 7 checks passed · September 30, 2026
What it owns · $12.2bn
Short-term assets $5.0bnLonger-term assets $7.2bn
What it owes, and who funded it · $11.9bn
Short-term liabilities $4.3bnLonger-term liabilities $4.5bnShareholders' equity $3.1bn
  • Short-term assets cover short-term liabilities $5.0bn of assets due within a year against $4.3bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $5.0bn short-term assets against $4.5bn of longer-dated liabilities.
  • More cash than debt $1.6bn of cash against $2.1bn of debt.
  • Debt below 40% of shareholders' equity Debt is 69% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 80% to 69% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.3bn of operating cash flow against $2.1bn of debt.
  • Operating profit covers interest at least five times over Operating income of $837m against $221m of interest.

From DXC Technology Co's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

39 /100

Weak moat

How hard DXC Technology's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.8% of total assets over 10 years.

  • Durability 11 / 20

    Operating margin has been a median 7.8%; its worst year was 6.8%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 8 of 10 years, at a median 8.4% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 33.6% over five years; stock-based pay has been a median 0.6% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (54 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from DXC Technology Co's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to DXC Technology Co.