CNXCNasdaqServices-Business Services, NECFiscal year ends November 30
Concentrix Corp
Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 7, 2026
$28.22+0.35 (+1.26%)
Close on Oct 19, 2026
- Market cap
- $1.72B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
35.0%−0.2 pts over 5 years
Operating margin
-9.3%−15.9 pts over 5 years
Net margin
-13.0%−16.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.2% | +15.8% | +15.8% | – | |
| Gross profit | -0.4% | +15.0% | +15.6% | – | |
| Free cash flow | +33.5% | +7.5% | +11.2% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 8.7% | -37.7% | |
| Return on assets | – | – | -11.2% | |
| Current ratio | – | 1.41 | 1.40 | |
| Debt to equity | – | 0.50 | 1.69 | |
| Capex to revenue | – | 3.6% | 2.4% | |
| Diluted shares | – | 52M | 63M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Concentrix generated $3.27B from operations and spent $1.76B on capital expenditure, dividends and share buybacks. 54% of that went back into the business.
Generated
$3.27B
Used
$1.76B
Capital expenditure$942.89M54%Dividends$303.43M17%Share buybacks$514.68M29%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-13.0%
×Asset turnover0.86×
×Equity multiplier3.35×
=Return on equity, FY2025-37.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -13.0% | 0.86× | 3.35× | -37.7% |
| FY2024 | 2.6% | 0.79× | 2.99× | 6.1% |
| FY2023 | 4.4% | 0.74× | 2.80× | 9.2% |
| FY2022 | 6.9% | 1.08× | 2.20× | 16.4% |
| FY2021 | 7.3% | 1.09× | 2.08× | 16.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$1.28B
- Cash generatingOperating cash flow above zero$806.97M
- Return on assets improvedROA up on the prior year2.0% → -10.7%
- Earnings backed by cashOperating cash flow above net income$806.97M vs -$1.28B
- Less leverageLong-term debt to assets fell39.5% → 42.5%
- Better liquidityCurrent ratio rose1.42 → 1.40
- No dilutionShare count did not rise65M → 63M
- Gross margin improvedGross margin up on the prior year35.86% → 34.96%
- More efficientAsset turnover rose0.77 → 0.82