NASDAQ : CNXC
Concentrix Corporation — Financial statements
Technology · Information Technology Services · United States
Last price 30.13 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.84B
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Financial statements
Concentrix Corporation (CNXC) reported revenue of 9.97B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 9.97B | 9.83B | 9.62B | 7.11B | 6.32B | 5.59B |
| Cost of Revenue | 6.50B | 6.39B | 6.17B | 4.54B | 4.07B | 3.62B |
| Gross Profit | 3.47B | 3.44B | 3.45B | 2.58B | 2.26B | 1.97B |
| Selling, General & Admin | 2.45B | 2.40B | 2.40B | 1.71B | 1.42B | 1.41B |
| Amortization of Goodwill & Intangibles | 414.20M | 434.33M | 458.93M | 214.83M | 162.67M | |
| Operating Expenses | 2.87B | 2.83B | 2.86B | 1.92B | 1.59B | 1.41B |
| Operating Income | 602.09M | 605.27M | 589.32M | 656.94M | 671.55M | 554.75M |
| Interest Expense | -271.91M | -290.35M | -321.83M | -201.00M | -70.08M | -23.05M |
| Currency Exchange Gain (Loss) | 3.79M | 6.43M | 9.94M | -27.64M | -57.98M | -2.88M |
| Other Non Operating Income (Expenses) | 17.34M | 22.20M | -7.43M | -20.07M | 95.28M | 14.50M |
| EBT Excluding Unusual Items | 351.30M | 343.55M | 270.01M | 408.23M | 638.77M | 543.32M |
| Merger & Restructuring Charges | -91.65M | -33.76M | -825.00K | |||
| Impairment of Goodwill | -2.57B | -1.52B | ||||
| Gain (Loss) on Sale of Assets | -8.42M | 13.20M | ||||
| Asset Writedown | -4.46M | -4.46M | ||||
| Other Unusual Items | -1.24M | 1.96M | 29.27M | |||
| Pretax Income | -2.33B | -1.18B | 299.27M | 408.23M | 605.00M | 555.70M |
| Income Tax Expense | 62.90M | 96.70M | 48.06M | 94.39M | 169.36M | 150.12M |
| Earnings From Continuing Operations | -2.39B | -1.28B | 251.22M | 313.84M | 435.64M | 405.58M |
| Minority Interest in Earnings | -591.00K | |||||
| Net Income | -2.39B | -1.28B | 251.22M | 313.84M | 435.05M | 405.58M |
| Preferred Dividends & Other Adjustments | -2.15M | 4.10M | 9.50M | 6.00M | 6.63M | 5.79M |
| Net Income to Common | -2.39B | -1.28B | 241.71M | 307.84M | 428.42M | 399.79M |
| Shares Outstanding (Basic) | 61.28M | 63.01M | 64.98M | 53.80M | 51.35M | 51.35M |
| Shares Outstanding (Diluted) | 61.28M | 63.01M | 65.07M | 54.01M | 51.74M | 51.91M |
| EPS (Basic) | -38.98 | -20.36 | 3.72 | 5.72 | 8.34 | 7.78 |
| EPS (Diluted) | -38.98 | -20.36 | 3.71 | 5.70 | 8.28 | 7.70 |
| Free Cash Flow | 575.01M | 572.47M | 428.73M | 497.48M | 460.70M | 365.10M |
| Free Cash Flow Per Share | 9.38 | 9.09 | 6.59 | 9.21 | 8.90 | 7.03 |
| Dividend Per Share | 1.44 | 1.36 | 1.24 | 1.13 | 1.02 | 0.25 |
| Gross Margin | 34.79% | 34.96% | 35.85% | 36.23% | 35.69% | 35.25% |
| Operating Margin | 6.04% | 6.16% | 6.13% | 9.23% | 10.62% | 9.93% |
| Profit Margin | -23.96% | -13.06% | 2.51% | 4.33% | 6.77% | 7.16% |
| Free Cash Flow Margin | 5.77% | 5.83% | 4.46% | 6.99% | 7.28% | 6.54% |
| EBITDA | 1.24B | 1.27B | 1.30B | 1.05B | 981.09M | 831.92M |
| EBITDA Margin | 12.49% | 12.88% | 13.46% | 14.69% | 15.51% | 14.89% |
| D&A For EBITDA | 642.82M | 660.43M | 705.85M | 388.30M | 309.54M | 277.18M |
| EBIT | 602.09M | 605.27M | 589.32M | 656.94M | 671.55M | 554.75M |
| EBIT Margin | 6.04% | 6.16% | 6.13% | 9.23% | 10.62% | 9.93% |
| Effective Tax Rate | 16.06% | 23.12% | 27.99% | 27.02% |
Balance sheet
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 244.69M | 327.35M | 240.57M | 295.34M | 145.38M | 182.04M |
| Cash & Short-Term Investments | 244.69M | 327.35M | 240.57M | 295.34M | 145.38M | 182.04M |
| Accounts Receivable | 1.97B | 2.00B | 1.93B | 1.89B | 1.39B | 1.21B |
| Receivables | 1.97B | 2.00B | 1.93B | 1.89B | 1.39B | 1.21B |
| Restricted Cash | 33.47M | 191.72M | 189.03M | 221.15M | 12.08M | 972.00K |
| Other Current Assets | 668.72M | 566.41M | 486.08M | 453.27M | 206.40M | 152.10M |
| Total Current Assets | 2.92B | 3.08B | 2.84B | 2.86B | 1.75B | 1.54B |
| Property, Plant & Equipment | 1.56B | 1.59B | 1.53B | 1.56B | 876.87M | 896.32M |
| Long-Term Investments | 18.12M | 5.34M | ||||
| Goodwill | 2.64B | 3.67B | 4.99B | 5.08B | 2.90B | 1.81B |
| Other Intangible Assets | 1.65B | 1.96B | 2.29B | 2.80B | 985.57M | 655.53M |
| Long-Term Deferred Tax Assets | 346.06M | 317.45M | 218.40M | 72.33M | 48.54M | 48.41M |
| Other Long-Term Assets | 128.92M | 129.13M | 125.64M | 114.93M | 100.05M | 89.54M |
| Total Assets | 9.26B | 10.76B | 11.99B | 12.49B | 6.67B | 5.05B |
| Accounts Payable | 221.50M | 244.77M | 209.81M | 243.56M | 161.19M | 129.36M |
| Accrued Expenses | 980.87M | 1.32B | 1.27B | 1.50B | 718.86M | 639.21M |
| Current Portion of Long-Term Debt | 450.00M | 65.62M | 2.52M | 2.31M | ||
| Current Portion of Leases | 253.05M | 256.74M | 235.91M | 229.01M | 158.80M | 153.33M |
| Current Income Taxes Payable | 73.22M | 123.79M | 99.55M | 80.58M | 68.66M | 33.78M |
| Other Current Liabilities | 391.68M | 187.14M | 180.12M | 20.86M | 24.61M | 12.54M |
| Total Current Liabilities | 2.37B | 2.20B | 2.00B | 2.07B | 1.13B | 968.21M |
| Long-Term Debt | 3.93B | 4.58B | 4.73B | 4.96B | 2.22B | 802.02M |
| Long-Term Leases | 652.60M | 641.44M | 625.89M | 623.29M | 340.67M | 354.47M |
| Pension & Post-Retirement Benefits | 64.44M | 61.25M | 64.87M | 56.90M | ||
| Long-Term Deferred Tax Liabilities | 246.48M | 296.52M | 312.57M | 414.25M | 105.46M | 109.47M |
| Other Long-Term Liabilities | 297.27M | 241.74M | 223.13M | 215.16M | 114.42M | 191.94M |
| Total Liabilities | 7.49B | 8.02B | 7.95B | 8.35B | 3.97B | 2.43B |
| Common Stock | 7.00K | 7.00K | 7.00K | 7.00K | 5.00K | 5.00K |
| Additional Paid-In Capital | 3.86B | 3.78B | 3.68B | 3.58B | 2.43B | 2.36B |
| Retained Earnings | -1.16B | -177.01M | 1.19B | 1.02B | 774.11M | 392.50M |
| Treasury Stock | -657.42M | -610.16M | -421.45M | -271.97M | -190.78M | -57.49M |
| Comprehensive Income & Other | -275.90M | -252.46M | -414.31M | -191.73M | -315.75M | -70.53M |
| Shareholders' Equity | 1.77B | 2.74B | 4.04B | 4.14B | 2.70B | 2.62B |
| Total Liabilities & Equity | 9.26B | 10.76B | 11.99B | 12.49B | 6.67B | 5.05B |
| Total Debt | 5.28B | 5.54B | 5.60B | 5.81B | 2.72B | 1.31B |
| Net Cash (Debt) | -5.04B | -5.21B | -5.36B | -5.52B | -2.58B | -1.13B |
| Net Cash Per Share | -82.19 | -82.73 | -82.32 | -102.13 | -49.83 | -21.72 |
| Filing Date Shares Outstanding | 61.11M | 61.60M | 64.40M | 66.33M | 51.10M | 51.98M |
| Total Common Shares Outstanding | 60.95M | 61.74M | 64.24M | 65.73M | 51.10M | 51.59M |
| Working Capital | 546.42M | 888.15M | 846.61M | 784.61M | 622.21M | 574.85M |
| Book Value Per Share | 29.02 | 44.45 | 62.89 | 63.03 | 52.76 | 50.79 |
| Tangible Book Value | -2.52B | -2.89B | -3.23B | -3.74B | -1.19B | 151.22M |
| Tangible Book Value Per Share | -41.34 | -46.77 | -50.35 | -56.90 | -23.37 | 2.93 |
| Land | 19.39M | 28.39M | 28.23M | 28.04M | 27.34M | 27.68M |
| Buildings | 749.49M | 704.07M | 617.88M | 566.38M | 362.22M | 364.17M |
| Machinery | 1.18B | 1.14B | 1.01B | 920.39M | 631.38M | 578.71M |
| Construction In Progress | 30.26M | 39.10M | 44.57M | 35.17M | 14.97M | 10.74M |
Cash flow statement
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -2.39B | -1.28B | 251.22M | 313.84M | 435.64M | 405.58M |
| Depreciation & Amortization | 642.82M | 660.43M | 705.85M | 388.30M | 309.54M | 277.18M |
| Other Amortization | 10.21M | 23.55M | 25.28M | 6.09M | 1.77M | 1.65M |
| Loss (Gain) From Sale of Assets | 8.42M | -13.20M | ||||
| Asset Writedown & Restructuring Costs | 2.58B | 1.53B | ||||
| Stock-Based Compensation | 90.50M | 96.39M | 96.06M | 62.11M | 47.14M | 36.18M |
| Provision & Write-off of Bad Debts | 7.66M | 5.74M | 7.06M | 10.24M | 3.33M | -202.00K |
| Other Operating Activities | -91.12M | -142.18M | -251.07M | -91.91M | -33.25M | -27.03M |
| Change in Accounts Receivable | 71.27M | -23.08M | -63.85M | -45.90M | -53.13M | -139.10M |
| Change in Accounts Payable | 1.86M | 28.47M | -25.82M | 9.34M | 14.63M | -4.55M |
| Change in Other Net Operating Assets | -141.61M | -91.16M | -77.22M | 25.90M | -124.94M | -22.32M |
| Operating Cash Flow | 787.10M | 806.97M | 667.49M | 678.01M | 600.72M | 514.18M |
| Capital Expenditures | -212.09M | -234.50M | -238.76M | -180.53M | -140.02M | -149.08M |
| Cash Acquisitions | -15.22M | -15.89M | -5.50M | -1.91B | -1.70B | -3.28M |
| Divestitures | 3.16M | 73.71M | ||||
| Investment in Securities | -1.00M | |||||
| Other Investing Activities | -14.63M | |||||
| Investing Cash Flow | -207.14M | -250.38M | -244.27M | -2.11B | -1.84B | -78.65M |
| Short-Term Debt Issued | 238.50M | |||||
| Long-Term Debt Issued | 3.85B | 2.20B | 4.40B | 3.93B | 1.32B | |
| Total Debt Issued | 5.03B | 4.09B | 2.20B | 4.40B | 3.93B | 1.32B |
| Short-Term Debt Repaid | -238.50M | |||||
| Long-Term Debt Repaid | -4.04B | -2.41B | -2.41B | -2.50B | -1.66B | |
| Total Debt Repaid | -5.49B | -4.28B | -2.41B | -2.41B | -2.50B | -1.66B |
| Net Debt Issued (Repaid) | -458.10M | -196.69M | -208.69M | 1.98B | 1.43B | -345.00M |
| Issuance of Common Stock | 3.83M | 3.98M | 5.03M | 7.20M | 9.59M | 13.70M |
| Repurchase of Common Stock | -119.46M | -188.71M | -149.48M | -81.19M | -133.29M | -57.49M |
| Common Dividends Paid | -92.49M | -89.62M | -83.81M | -63.49M | -53.43M | -13.08M |
| Other Financing Activities | 2.87M | -20.40M | -55.59M | -43.83M | -11.83M | |
| Financing Cash Flow | -663.35M | -491.44M | -492.53M | 1.80B | 1.24B | -401.87M |
| Foreign Exchange Rate Adjustments | -320.00K | 26.38M | -17.58M | -12.42M | -24.52M | -7.00M |
| Net Cash Flow | -83.71M | 91.52M | -86.88M | 359.02M | -25.55M | 26.66M |
| Free Cash Flow | 575.01M | 572.47M | 428.73M | 497.48M | 460.70M | 365.10M |
| Free Cash Flow Margin | 5.77% | 5.83% | 4.46% | 6.99% | 7.28% | 6.54% |
| Free Cash Flow Per Share | 9.38 | 9.09 | 6.59 | 9.21 | 8.90 | 7.03 |
| Levered Free Cash Flow | 806.21M | 705.49M | 631.72M | 476.33M | 505.24M | 411.54M |
| Unlevered Free Cash Flow | 965.94M | 863.41M | 807.59M | 595.87M | 547.27M | 424.29M |
| Cash Interest Paid | 299.62M | 299.62M | 282.27M | 142.60M | 67.60M | 20.77M |
| Cash Income Tax Paid | 270.33M | 270.33M | 298.44M | 217.25M | 143.87M | 159.83M |
| Change in Working Capital | -68.48M | -85.76M | -166.89M | -10.66M | -163.45M | -165.97M |
Ratios
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.90B | 2.25B | 2.91B | 6.26B | 6.24B | 8.67B |
| Enterprise Value | 6.94B | 7.65B | 8.47B | 8.58B | 8.98B | 9.90B |
| Last Close Price | 30.13 | 34.43 | 41.65 | 85.32 | 109.78 | 147.84 |
| PE Ratio | 12.05 | 20.34 | 14.57 | 21.68 | ||
| Forward PE | 2.71 | 3.07 | 3.62 | 7.07 | 10.06 | 15.68 |
| PS Ratio | 0.19 | 0.23 | 0.30 | 0.88 | 0.99 | 1.55 |
| PB Ratio | 1.04 | 0.82 | 0.72 | 1.51 | 2.32 | 3.31 |
| P/TBV Ratio | 57.33 | |||||
| P/FCF Ratio | 3.25 | 3.94 | 6.80 | 12.58 | 13.55 | 23.75 |
| P/OCF Ratio | 2.38 | 2.79 | 4.37 | 9.23 | 10.39 | 16.86 |
| PEG Ratio | 0.49 | 0.47 | 0.51 | 0.76 | 0.94 | 0.74 |
| EV/Sales Ratio | 0.69 | 0.78 | 0.88 | 1.21 | 1.42 | 1.77 |
| EV/EBITDA Ratio | 5.55 | 6.04 | 6.54 | 8.21 | 9.15 | 11.90 |
| EV/EBIT Ratio | 11.47 | 12.64 | 14.38 | 13.05 | 13.37 | 17.84 |
| EV/FCF Ratio | 12.01 | 13.36 | 19.76 | 17.24 | 19.49 | 27.11 |
| Debt / Equity Ratio | 2.99 | 2.02 | 1.39 | 1.40 | 1.01 | 0.50 |
| Debt / EBITDA Ratio | 3.09 | 3.24 | 3.26 | 4.35 | 2.19 | 1.20 |
| Debt / FCF Ratio | 9.18 | 9.68 | 13.06 | 11.68 | 5.91 | 3.59 |
| Net Debt / Equity Ratio | 2.85 | 1.90 | 1.33 | 1.33 | 0.96 | 0.43 |
| Net Debt / EBITDA Ratio | 4.05 | 4.12 | 4.14 | 5.28 | 2.63 | 1.36 |
| Net Debt / FCF Ratio | 8.76 | 9.11 | 12.49 | 11.09 | 5.60 | 3.09 |
| Asset Turnover | 0.92 | 0.86 | 0.79 | 0.74 | 1.08 | 1.09 |
| Quick Ratio | 0.93 | 1.06 | 1.09 | 1.05 | 1.36 | 1.44 |
| Current Ratio | 1.23 | 1.40 | 1.42 | 1.38 | 1.55 | 1.59 |
| Return on Equity (ROE) | -78.22% | -37.70% | 6.14% | 9.18% | 16.39% | 16.48% |
| Return on Assets (ROA) | 3.47% | 3.33% | 3.01% | 4.29% | 7.17% | 6.78% |
| Return on Invested Capital (ROIC) | 8.16% | 6.98% | 5.19% | 6.76% | 10.72% | 10.68% |
| Return on Capital Employed (ROCE) | 8.70% | 7.10% | 5.90% | 6.30% | 12.10% | 13.60% |
| Earnings Yield | -125.21% | -56.73% | 8.62% | 5.01% | 6.97% | 4.68% |
| FCF Yield | 30.73% | 25.39% | 14.71% | 7.95% | 7.38% | 4.21% |
| Dividend Yield | 4.75% | 3.72% | 2.73% | 1.18% | 0.84% | 0.15% |
| Payout Ratio | 33.36% | 20.23% | 12.28% | 3.23% | ||
| Buyback Yield / Dilution | 3.69% | 3.17% | -20.48% | -4.39% | 0.34% | -0.60% |
| Total Shareholder Return | 8.58% | 6.89% | -17.75% | -3.20% | 1.17% | -0.46% |