Market cap
$5,692 Mln
Revenue (TTM)
$5,617 Mln
P/E Ratio
14.5
P/B Ratio
1.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 1.05 | 4.53 | 10.76 | 5.09 | 13.08 |
| EBIT | 16.50 | 13.56 | 0.64 | -6.43 | 4.57 |
| Net Profit | 24.79 | 16.99 | 0.13 | -9.02 | 0.15 |
| EPS | 29.35 | 27.34 | 5.42 | -6.37 | 1.72 |
| Book Value | -- | -- | 5.16 | 9.53 | 14.52 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 10.96 | 11.52 | 9.77 | 9.27 | 12.36 |
| Net Margin
| -- | 10.83 | 7.15 | -- | -- |
| Return on equity
| 12.01 | 14.57 | 11.16 | 10.34 | 12.80 |
| Return on Capital
| 11.45 | 13.57 | -- | 9.92 | 12.23 |
| Return on Assets
| 9.26 | 10.87 | 7.41 | 7.83 | 9.99 |
| Debt to Equity (x)
| -- | -- | 0.01 | 0.04 | 0.04 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
--
|
9.92
|
12.23
|
12.20
|
14.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
11.16
Lower than Peers by 6.96
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
11.16
|
10.34
|
12.80
|
12.89
|
15.28
|
|
Peer Median
|
18.13
|
--
|
--
|
--
|
--
|
ROA
7.41
Higher than Peers by 2.45
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
7.41
|
7.83
|
9.99
|
9.98
|
11.14
|
|
Peer Median
|
4.97
|
--
|
--
|
--
|
--
|
EBIT Margin
9.77
Lower than Peers by 1.18
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
9.77
|
9.27
|
12.36
|
11.24
|
10.51
|
|
Peer Median
|
10.94
|
--
|
--
|
--
|
--
|
Net Margin
7.15
Lower than Peers by 1.00
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
7.15
|
6.92
|
9.61
|
8.89
|
8.81
|
|
Peer Median
|
8.15
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
10.76
Higher than Peers by 1.57
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
10.76
|
0.15
|
0.01
|
-0.03
|
0.28
|
|
Peer Median
|
9.19
|
--
|
--
|
--
|
--
|
EBIT Growth
0.64
Lower than Peers by 14.39
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
0.64
|
-13.48
|
10.86
|
3.92
|
-5.21
|
|
Peer Median
|
15.03
|
--
|
--
|
--
|
--
|
Net Profit Growth
0.13
Lower than Peers by 14.36
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
0.13
|
-16.91
|
8.98
|
-0.56
|
-12.92
|
|
Peer Median
|
14.49
|
--
|
--
|
--
|
--
|
EPS Growth
5.42
Lower than Peers by 19.39
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
5.42
|
-0.14
|
0.12
|
0.00
|
-0.13
|
|
Peer Median
|
24.81
|
--
|
--
|
--
|
--
|
Book Value Growth
4.42
Lower than Peers by 9.73
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
4.42
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14.16
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.01
Lower than Peers by 0.34
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
0.01
|
0.04
|
0.04
|
0.05
|
0.06
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
0.01
|
0.01
|
0.01
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.75
Higher than Peers by 1.34
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
2.75
|
2.59
|
2.96
|
4.79
|
3.69
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Quick Ratio
2.75
Higher than Peers by 1.36
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
2.75
|
--
|
--
|
4.79
|
3.69
|
|
Peer Median
|
1.40
|
--
|
--
|
--
|
--
|
Interest Coverage
302.28
Higher than Peers by 293.62
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
302.28
|
--
|
--
|
187.07
|
50.60
|
|
Peer Median
|
8.66
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
22.58
Higher than Peers by 3.53
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
22.58
|
20.31
|
21.20
|
19.12
|
19.33
|
|
Peer Median
|
19.04
|
--
|
--
|
--
|
--
|
Asset Turnover
1.04
Higher than Peers by 0.55
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
1.04
|
1.13
|
1.04
|
1.12
|
1.28
|
|
Peer Median
|
0.48
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
--
|
70.63
|
73.36
|
71.24
|
64.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
--
|
4.56
|
4.27
|
3.52
|
3.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
--
|
--
|
69.09
|
67.71
|
61.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
14.50
Lower than Peers by 14.96
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
14.50
|
30.02
|
29.55
|
42.00
|
46.38
|
|
Peer Median
|
29.46
|
--
|
--
|
--
|
--
|
Price / Book Value
1.57
Lower than Peers by 4.46
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
1.57
|
3.08
|
3.70
|
5.05
|
6.48
|
|
Peer Median
|
6.03
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
6.74
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
6.74
|
16.16
|
17.29
|
23.63
|
27.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
5,692
Higher than Peers by 4,355
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
EPAM Systems (EPAM)
|
5,692
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,337
|
--
|
--
|
--
|
--
|