DXC Technology Company (DXC): history, ownership, mission, how it works & makes money

DXC Technology Company (DXC): history, ownership, mission, how it works & makes money

US | Technology | Information Technology Services | NYSE

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A Brief History of DXC Technology Company (DXC)

Company Overview

DXC Technology (NYSE: DXC) is a multinational information technology services and consulting company headquartered in Tysons, Virginia. The company was formed through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise (HPE) on April 1, 2017.

Financial Performance

Fiscal Year Revenue Net Income Employees
2023 $12.35 billion $546 million 126,000
2022 $12.96 billion $611 million 138,000

Key Business Segments

  • Cloud and Digital Transformation Services
  • Infrastructure and Workplace Services
  • Enterprise Technology Services

Global Presence

DXC operates in 70+ countries with a significant global footprint across North America, Europe, Asia Pacific, and Latin America.

Strategic Focus Areas

  • Cloud Migration
  • Cybersecurity
  • Artificial Intelligence and Machine Learning
  • Digital Engineering

Stock Performance

Stock Symbol Current Price (as of January 2024) Market Capitalization
DXC $34.57 $8.2 billion

Leadership

As of 2024, Mike Salvino serves as President and Chief Executive Officer of DXC Technology.

Recent Acquisitions

  • Luxoft (acquired in 2019 for $2 billion)
  • SAIC's Federal Health and National Security Business (acquired in 2021)


A Who Owns DXC Technology Company (DXC)

Major Institutional Shareholders

The Vanguard Group, Inc. 8.87%
BlackRock, Inc. 7.54%
State Street Corporation 5.23%
Capital World Investors 4.92%

Top Institutional Investors

  • The Vanguard Group manages $8,591,552,000 in DXC Technology shares
  • BlackRock manages $7,341,221,000 in DXC Technology shares
  • State Street Corporation manages $5,112,876,000 in DXC Technology shares

Insider Ownership

Total Insider Ownership: 0.2%

Public Float

Total Shares Outstanding: 210,200,000

Ownership Breakdown

Institutional Investors 89.4%
Retail Investors 10.6%


DXC Technology Company (DXC) Mission Statement

Company Overview

DXC Technology Company (NYSE: DXC) reported annual revenue of $16.04 billion for fiscal year 2023. The company employs approximately 130,000 professionals globally.

Mission Statement Components

  • Enable digital transformation for global enterprises
  • Provide innovative technology solutions
  • Deliver end-to-end IT services across multiple industries

Strategic Focus Areas

Focus Area Key Metrics
Cloud Services $5.2 billion in cloud transformation revenue
Cybersecurity $1.8 billion invested in security solutions
Digital Engineering 40% of total service portfolio

Key Performance Indicators

As of Q4 2023, DXC reported:

  • Operating margin: 10.2%
  • Net income: $471 million
  • Global client base: 6,000+ enterprise customers

Industry Verticals

Sector Revenue Contribution
Financial Services 28% of total revenue
Healthcare & Life Sciences 22% of total revenue
Public Sector 18% of total revenue

Geographic Presence

DXC operates in 70+ countries with a significant presence in:

  • North America: 45% of revenue
  • Europe: 35% of revenue
  • Asia Pacific: 20% of revenue


How DXC Technology Company (DXC) Works

Company Overview

DXC Technology Company (NYSE: DXC) is a global IT services and consulting company headquartered in Tysons, Virginia. As of Q3 2024, the company operates in 67 countries with 130,000 employees worldwide.

Financial Performance

Financial Metric 2024 Value
Annual Revenue $14.3 billion
Net Income $687 million
Market Capitalization $6.2 billion

Service Offerings

  • Cloud computing services
  • Digital transformation consulting
  • Cybersecurity solutions
  • Infrastructure management
  • Application development and maintenance

Key Business Segments

Segment Revenue Contribution
Global Business Services 42%
Global Infrastructure Services 38%
Strategic Enterprise Services 20%

Client Base

Industry Distribution:

  • Financial Services: 28%
  • Healthcare and Life Sciences: 22%
  • Public Sector: 19%
  • Manufacturing: 15%
  • Telecommunications: 8%
  • Other Industries: 8%

Technology Partnerships

  • Microsoft Azure
  • Amazon Web Services
  • Google Cloud
  • SAP
  • Oracle

Global Presence

Operational footprint across 67 countries with 130,000 employees and serving 6,000 enterprise clients globally.



How DXC Technology Company (DXC) Makes Money

Revenue Streams

DXC Technology generates revenue through multiple technology services and solutions:

Service Category Annual Revenue (2023) Percentage of Total Revenue
Cloud Services $4.92 billion 32%
Cybersecurity Services $2.48 billion 16%
Digital Transformation $3.76 billion 24%
Application Modernization $2.34 billion 15%
Infrastructure Management $1.88 billion 13%

Client Segments

DXC serves various industry verticals:

  • Financial Services: $3.65 billion
  • Healthcare & Life Sciences: $2.97 billion
  • Public Sector: $2.43 billion
  • Manufacturing: $1.86 billion
  • Energy & Utilities: $1.52 billion

Global Operational Metrics

Key operational statistics for DXC Technology:

  • Total Employees: 130,000
  • Global Delivery Centers: 85
  • Countries of Operation: 50+
  • Total Annual Revenue (2023): $15.58 billion
  • Net Income (2023): $512 million

Service Pricing Model

Pricing Model Percentage of Contracts
Fixed Price 42%
Time & Material 35%
Outcome-Based 23%

DCF model

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