Estados financieros detallados de DXC Technology Company (DXC): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
DXC Technology Company registró ingresos de $12.64B en el último ejercicio fiscal, con un CAGR de 5 años del -4.9%. El beneficio neto alcanzó $18.0M, con un CAGR a 5 años del -52.2%.
Márgenes de los últimos 12 meses: margen bruto 13.7%, margen operativo 3.4%, margen neto 1.0%.
Al precio actual de $11.58, DXC cotiza a un P/E de 14.59 y un ROE del 4.06%. La capitalización bursátil es de $1.9B.
Cuenta de Resultados (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Ingresos | $7.61B | $21.73B | $20.75B | $19.58B | $16.27B | $16.27B | $14.43B | $13.67B | $12.87B | $12.64B |
| Coste de Ventas | $5.54B | $16.32B | $14.95B | $16.91B | $12.68B | $12.68B | $11.25B | $10.58B | $9.77B | $10.77B |
| Beneficio Bruto | $2.06B | $5.42B | $5.81B | $2.66B | $3.58B | $3.58B | $3.18B | $3.09B | $3.10B | $1.87B |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $1.28B | $1.89B | $1.96B | $1.66B | $724.0M | $724.0M | $2.81B | $1.69B | $1.12B | $1.40B |
| Gastos Operativos | $1.93B | $3.69B | $3.93B | $1.66B | $2.44B | $2.44B | $4.33B | $3.09B | $2.40B | $1.61B |
| Beneficio Operativo | $136.0M | $2.64B | $1.88B | $1.00B | $1.14B | $1.14B | -$1.14B | -$2.0M | $698.0M | $258.0M |
| EBITDA | $601.0M | $3.64B | $3.87B | -$2.81B | $3.09B | $3.09B | $866.0M | $1.84B | $2.21B | $1.69B |
| Gastos por Intereses | $117.0M | $320.0M | $334.0M | $383.0M | $361.0M | $204.0M | $200.0M | $298.0M | $265.0M | $216.0M |
| Beneficio Antes de Impuestos | -$174.0M | $1.30B | $1.51B | -$5.23B | $1.14B | $1.14B | -$885.0M | $109.0M | $630.0M | $318.0M |
| Impuestos | -$74.0M | -$242.0M | $288.0M | $130.0M | $405.0M | $405.0M | -$319.0M | $23.0M | $234.0M | $290.0M |
| Beneficio Neto | -$123.0M | $1.75B | $1.26B | -$5.37B | $718.0M | $718.0M | -$568.0M | $91.0M | $389.0M | $18.0M |
| BPA | $-0.88 | $6.15 | $4.53 | $-20.72 | $2.83 | $2.87 | $-2.47 | $0.46 | $2.15 | $0.10 |
| BPA Diluido | $-0.88 | $6.04 | $4.47 | $-20.72 | $2.83 | $2.81 | $-2.47 | $0.46 | $2.10 | $0.10 |
| Acciones en Circulación (Diluidas) | $140.4M | $289.8M | $281.4M | $258.6M | $254.1M | $255.2M | $229.0M | $198.8M | $184.9M | $178.7M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $3.16B | $3.19B | $3.13B | $3.00B |
| Beneficio Bruto | $483.0M | $759.0M | -$142.0M | $611.0M |
| Beneficio Operativo | $118.0M | $156.0M | -$89.0M | $241.0M |
| EBITDA | $479.0M | $513.0M | -$4.0M | $563.0M |
| Beneficio Neto | $36.0M | $107.0M | -$141.0M | $122.0M |
| BPA | $0.20 | $0.61 | $-0.80 | $0.75 |
| BPA Diluido | $0.20 | $0.59 | $-0.78 | $0.73 |
Balance (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Caja y Equivalentes | $1.26B | $2.59B | $2.90B | $3.68B | $2.67B | $2.67B | $1.86B | $1.22B | $1.80B | $1.74B |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $1.64B | $5.48B | $5.18B | $4.39B | $3.85B | $3.85B | $3.44B | $3.25B | $2.97B | $2.97B |
| Inventario | 0 | $1.08B | $627.0M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $3.25B | $9.62B | $9.09B | $8.99B | $7.45B | $7.45B | $6.12B | $5.13B | $5.36B | $5.36B |
| Inmovilizado Material | $903.0M | $3.36B | $3.18B | $4.97B | $3.54B | $3.54B | $2.89B | $2.40B | $1.89B | $1.78B |
| Fondo de Comercio | $1.85B | $7.62B | $7.61B | $2.02B | $617.0M | $617.0M | $539.0M | $532.0M | $526.0M | $527.0M |
| Activos Intangibles | $1.79B | $7.18B | $5.94B | $6.61B | $3.38B | $3.38B | $2.57B | $2.13B | $1.64B | $1.61B |
| Activos Totales | $8.66B | $33.92B | $29.50B | $26.01B | $20.14B | $20.14B | $15.85B | $13.87B | $13.21B | $12.89B |
| Cuentas por Pagar | $410.0M | $1.51B | $1.67B | $1.60B | $840.0M | $840.0M | $782.0M | $846.0M | $549.0M | $561.0M |
| Deuda a Corto | $701.0M | $1.30B | $1.94B | $1.76B | $611.0M | $611.0M | $285.0M | $93.0M | $757.0M | $428.0M |
| Pasivos Corrientes | $2.95B | $9.85B | $9.34B | $7.89B | $6.85B | $6.85B | $5.19B | $4.39B | $4.41B | $3.94B |
| Deuda a Largo | $2.23B | $6.09B | $4.83B | $8.07B | $4.60B | $4.60B | $3.61B | $3.58B | $2.84B | $2.95B |
| Pasivos Totales | $6.50B | $20.08B | $17.77B | $20.88B | $14.76B | $14.76B | $12.03B | $10.80B | $9.71B | $9.68B |
| Reservas | -$170.0M | $1.30B | $478.0M | -$5.18B | -$4.45B | -$4.45B | -$4.67B | -$3.84B | -$3.45B | -$2.94B |
| Patrimonio Neto | $1.89B | $13.49B | $11.38B | $4.79B | $5.05B | $5.05B | $3.50B | $2.81B | $3.23B | $2.94B |
| Deuda Total | $2.96B | $8.01B | $7.41B | $11.49B | $6.17B | $6.17B | $5.37B | $4.87B | $4.55B | $4.25B |
| Deuda Neta | $1.70B | $5.42B | $4.51B | $7.81B | $3.50B | $3.50B | $3.51B | $3.64B | $2.75B | $2.51B |
| Capital Circulante | $297.0M | -$232.0M | -$247.0M | $1.09B | $593.0M | $593.0M | $937.0M | $741.0M | $952.0M | $1.42B |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $1.89B | $1.73B | $1.74B | $1.96B |
| Activos Totales | $13.58B | $13.18B | $12.89B | $12.93B |
| Pasivos Totales | $10.25B | $9.76B | $9.68B | $9.60B |
| Patrimonio Neto | $3.07B | $3.15B | $2.94B | $3.06B |
| Deuda Total | $4.69B | $4.32B | $4.25B | $4.17B |
Flujo de Caja (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Beneficio Neto | -$100.0M | $1.78B | $1.26B | -$5.36B | -$149.0M | $718.0M | -$568.0M | $91.0M | $396.0M | $18.0M |
| Amortizaciones | $658.0M | $2.01B | $2.02B | $1.96B | $2.06B | $1.83B | $1.63B | $1.43B | $1.31B | $1.16B |
| Compensación en Acciones | $75.0M | $93.0M | $74.0M | $68.0M | 0 | 0 | 0 | $109.0M | $79.0M | 0 |
| Cambio en Capital Circulante | $260.0M | $215.0M | -$1.81B | -$1.57B | -$857.0M | -$1.06B | -$689.0M | -$521.0M | -$540.0M | -$558.0M |
| Flujo de Caja Operativo | $978.0M | $3.10B | $1.78B | $2.35B | $124.0M | $1.50B | $1.42B | $1.36B | $1.40B | $1.25B |
| Inversiones (CapEx) | -$487.0M | -$763.0M | -$558.0M | -$585.0M | -$261.0M | -$254.0M | -$267.0M | -$407.0M | -$576.0M | -$212.0M |
| Adquisiciones | -$431.0M | -$203.0M | -$430.0M | -$2.00B | $5.29B | $633.0M | $24.0M | $26.0M | $26.0M | $35.0M |
| Recompra de Acciones | -$13.0M | -$132.0M | -$1.34B | -$736.0M | 0 | -$628.0M | -$669.0M | -$898.0M | -$14.0M | -$249.0M |
| Dividendos Pagados | -$78.0M | -$174.0M | -$210.0M | -$214.0M | -$53.0M | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $491.0M | $2.34B | $1.23B | $1.76B | -$137.0M | $1.25B | $1.15B | $954.0M | $822.0M | $1.04B |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $409.0M | $414.0M | $239.0M | $418.0M |
| Inversiones (CapEx) | -$44.0M | -$55.0M | -$70.0M | -$59.0M |
| Flujo de Caja Libre | $365.0M | $359.0M | $169.0M | $359.0M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $24.0M | $23.0M | 0 | $17.0M |
Crecimiento y Márgenes (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| Crecimiento Ingresos (anual) | | +185.7% | -4.5% | -5.7% | -16.9% | +0.0% | -11.3% | -5.3% | -5.8% | -1.8% |
| Crecimiento Beneficio Neto (anual) | | +1523.6% | -28.2% | -527.1% | +113.4% | +0.0% | -179.1% | +116.0% | +327.5% | -95.4% |
| Crecimiento BPA (anual) | | +798.9% | -26.3% | -557.4% | +113.7% | +1.4% | -186.1% | +118.6% | +367.4% | -95.3% |
| Cambio en Acciones (anual) | | +106.4% | -2.9% | -8.1% | -1.7% | +0.4% | -10.3% | -13.2% | -7.0% | -3.4% |
| Crecimiento FCF (anual) | | +377.0% | -47.7% | +44.1% | -107.8% | +1010.2% | -7.9% | -16.9% | -13.8% | +26.0% |
| Margen Bruto | 27.1% | 24.9% | 28.0% | 13.6% | 22.0% | 22.0% | 22.1% | 22.6% | 24.1% | 14.8% |
| Margen Operativo | 1.8% | 12.1% | 9.1% | 5.1% | 7.0% | 7.0% | -7.9% | -0.0% | 5.4% | 2.0% |
| Margen EBITDA | 7.9% | 16.7% | 18.7% | -14.4% | 19.0% | 19.0% | 6.0% | 13.5% | 17.2% | 13.4% |
| Margen Neto | -1.6% | 8.1% | 6.1% | -27.4% | 4.4% | 4.4% | -3.9% | 0.7% | 3.0% | 0.1% |
| Margen FCF | 6.5% | 10.8% | 5.9% | 9.0% | -0.8% | 7.7% | 8.0% | 7.0% | 6.4% | 8.2% |
| Tasa Impositiva Efectiva | 42.5% | -18.6% | 19.0% | -2.5% | 35.5% | 35.5% | 36.0% | 21.1% | 37.1% | 91.2% |
Datos por Acción (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| FCF por Acción | $3.50 | $8.08 | $4.35 | $6.83 | $-0.54 | $4.89 | $5.01 | $4.80 | $4.45 | $5.80 |
| Dividendo por Acción | $0.56 | $0.60 | $0.75 | $0.83 | $0.21 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $139.8M | $284.9M | $277.5M | $258.6M | $254.1M | $250.0M | $229.0M | $195.8M | $180.7M | $175.0M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | 4.06% |
| Rentabilidad sobre capital invertido | 1.21% |
| Rentabilidad sobre activos | 0.96% |
| Margen bruto | 13.71% |
| Margen operativo | 3.41% |
| Margen neto | 0.99% |
Salud financiera
| Deuda / Patrimonio | 1.37 |
| Ratio corriente | 1.41 |
Ratios Clave (10 años)
| Año | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|
| P/E | -64.97 | 16.35 | 14.49 | -0.63 | 11.05 | 11.37 | -10.35 | 45.72 | 7.93 | 125.70 |
| P/VC | 4.23 | 2.12 | 1.60 | 0.71 | 1.57 | 1.61 | 1.67 | 1.46 | 0.95 | 0.75 |
| P/V | 1.05 | 1.32 | 0.88 | 0.17 | 0.49 | 0.50 | 0.41 | 0.30 | 0.24 | 0.17 |
| Margen Bruto | 27.1% | 24.9% | 28.0% | 13.6% | 22.0% | 22.0% | 22.1% | 22.6% | 24.1% | 14.8% |
| Margen Operativo | 1.8% | 12.1% | 9.1% | 5.1% | 7.0% | 7.0% | -7.9% | -0.0% | 5.4% | 2.0% |
| Margen Neto | -1.6% | 8.1% | 6.1% | -27.4% | 4.4% | 4.4% | -3.9% | 0.7% | 3.0% | 0.1% |