DXC Technology Files 2024 Annual Report
Ticker: DXC · Form: 10-K · Filed: May 17, 2024 · CIK: 1688568
| Field | Detail |
|---|---|
| Company | Dxc Technology Co (DXC) |
| Form Type | 10-K |
| Filed Date | May 17, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 17 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
DXC Tech's 2024 10-K is in. Full year financials and biz ops detailed.
AI Summary
DXC Technology Co. filed its 10-K for the fiscal year ending March 31, 2024, reporting on its financial performance and business operations. The company, incorporated in Nevada, is headquartered in Ashburn, Virginia. Key financial data and operational details are presented in this comprehensive annual report.
Why It Matters
This filing provides investors and stakeholders with a detailed overview of DXC Technology's financial health, strategic direction, and potential risks for the fiscal year 2024.
Risk Assessment
Risk Level: medium — 10-K filings inherently carry medium risk due to the comprehensive nature of financial reporting and the potential for disclosed risks to impact stock value.
Key Numbers
- 20240331 — Fiscal Year End (The report covers the period ending March 31, 2024.)
- 20240517 — Filing Date (The 10-K was officially filed on May 17, 2024.)
Key Players & Entities
- DXC Technology Co (company) — Filer
- 20240331 (date) — Fiscal Year End
- 20240517 (date) — Filing Date
- Ashburn, VA (location) — Business Address
- Everett SpinCo, Inc. (company) — Former Company Name
FAQ
What is the primary business of DXC Technology Co?
DXC Technology Co. operates in the Services - Computer Processing & Data Preparation industry, as indicated by SIC code 7374.
When did DXC Technology Co. change its name from its former entity?
The company changed its name from Everett SpinCo, Inc. on October 26, 2016.
What is the SEC file number for DXC Technology Co.'s 10-K filing?
The SEC file number is 001-38033.
In which state was DXC Technology Co. incorporated?
DXC Technology Co. was incorporated in Nevada (NV).
What is the business address of DXC Technology Co.?
The business address is 20408 Bashan Drive, Suite 231, Ashburn, VA 20147.
Filing Stats: 4,356 words · 17 min read · ~15 pages · Grade level 16.8 · Accepted 2024-05-16 21:06:54
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share DXC The New York
Filing Documents
- dxc-20240331.htm (10-K) — 3053KB
- a1034dxcfy25psuawardagreem.htm (EX-10.34) — 149KB
- a1038dxcfy25rsuawardagreem.htm (EX-10.38) — 150KB
- a1049rfernandezemploymenta.htm (EX-10.49) — 599KB
- a191insidertradingpolicy_f.htm (EX-19.1) — 48KB
- fy24ex21-dxcsubsidiaries_f.htm (EX-21) — 191KB
- exhibit23.htm (EX-23) — 2KB
- fy2410-kex311.htm (EX-31.1) — 13KB
- fy2410-kex312.htm (EX-31.2) — 13KB
- fy2410-kex321.htm (EX-32.1) — 5KB
- fy2410-kex322.htm (EX-32.2) — 6KB
- a971compensationrecoverypo.htm (EX-97.1) — 28KB
- a2024-05x161520171034.jpg (GRAPHIC) — 10KB
- dxc-20240331_g1.jpg (GRAPHIC) — 12KB
- dxc-20240331_g2.jpg (GRAPHIC) — 172KB
- image_0.jpg (GRAPHIC) — 13KB
- image_24.jpg (GRAPHIC) — 0KB
- image_38.jpg (GRAPHIC) — 0KB
- logo_12024-05x15.jpg (GRAPHIC) — 104KB
- logo_22024-05x15.jpg (GRAPHIC) — 59KB
- 0001688568-24-000032.txt ( ) — 18891KB
- dxc-20240331.xsd (EX-101.SCH) — 102KB
- dxc-20240331_cal.xml (EX-101.CAL) — 192KB
- dxc-20240331_def.xml (EX-101.DEF) — 423KB
- dxc-20240331_lab.xml (EX-101.LAB) — 1282KB
- dxc-20240331_pre.xml (EX-101.PRE) — 855KB
- dxc-20240331_htm.xml (XML) — 3369KB
BUSINESS
ITEM 1. BUSINESS Overview DXC, a Nevada corporation, is a global IT services market leader. We provide mission-critical IT services that transform global businesses. We deliver excellence for our customers and colleagues around the world. Our approximately 130,000 people in about 65 countries are entrusted by our customers, who represent close to half of today's Fortune 500 companies. We operate through two segments: Global Business Services ("GBS") and Global Infrastructure Services ("GIS"), to provide solutions that modernize operations and drive innovation across our customers' entire IT estate. DXC was formed on April 1, 2017 by the merger of CSC and HPES (the "HPES Merger"). Segments and Services Our reportable segments are GBS and GIS. Global Business Services GBS provides innovative technology solutions that help our customers address key business challenges and accelerate transformations tailored to each customer's industry and specific objectives. GBS offerings include: Analytics and Engineering. Our portfolio of analytics services and extensive partner ecosystem help customers gain rapid insights, automate operations, and accelerate their transformation journeys. We provide software engineering, consulting, and data analytics solutions that enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. Applications. We help simplify, modernize and accelerate mission-critical applications that support business agility and growth through our Applications services. We are the engineers that enable our customers to take advantage of the latest digital platforms with both customized and pre-packaged applications, ensure resiliency, launch new products and enter new markets with minimal disruption. We help customers define, execute and manage their enterprise applications strategy. Insurance Software and Business Process Services. We partner with insurance clients, to