EPAMNYSEServices-Computer Programming ServicesFiscal year ends December 31
EPAM Systems, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$127.38+5.19 (+4.25%)
Close on Oct 19, 2026
- Market cap
- $6.66B
- P/E (TTM)
- 17.3
- Dividend yield
- –
EPAM Systems statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Services-Computer Programming Services companies for comparison
Valuation
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Market Cap | $6.57B | $288.87M |
| Enterprise Value | $5.81B | $296.43M |
| PE Ratio | 17.26 | 25.42 |
| PS Ratio | 1.17 | 2.45 |
| PB Ratio | 1.87 | 2.73 |
| P/TBV Ratio | 3.38 | 4.95 |
| P/FCF Ratio | 13.62 | 15.04 |
| P/OCF Ratio | 12.20 | 13.19 |
Enterprise value
| Measure | EPAM Systems | Industry median |
|---|---|---|
| EV / Sales | 1.03 | 2.21 |
| EV / EBITDA | 8.43 | 16.37 |
| EV / EBIT | 10.31 | 21.97 |
| EV / FCF | 12.03 | 15.16 |
Income (trailing twelve months)
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Revenue | $5.62B | $289.17M |
| Gross Profit | $1.65B | $161.98M |
| Operating Income | $563.19M | -$613.24K |
| Pretax Income | $548.64M | -$294.07K |
| Net Income | $401.67M | -$301.07K |
| EBITDA | $688.93M | -$156.35K |
| EPS (Diluted) | $7.38 | $0.00 |
Margins
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Gross Margin | 29.4% | 55.8% |
| Operating Margin | 10.0% | -1.81% |
| Pretax Margin | 9.77% | -0.50% |
| Profit Margin | 7.15% | -1.80% |
| EBITDA Margin | 12.3% | 0.60% |
| FCF Margin | 8.59% | 10.0% |
Returns
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Return on Equity (ROE) | 11.2% | 0.83% |
| Return on Assets (ROA) | 8.65% | -2.82% |
| Return on Invested Capital (ROIC) | 15.3% | -0.05% |
| Return on Capital Employed (ROCE) | 14.9% | -0.44% |
Growth
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 10.8% | 9.72% |
| Net Income Growth (YoY) | 0.13% | 7.14% |
| EPS Growth (YoY) | 5.28% | 8.91% |
| FCF Growth (YoY) | 17.8% | 17.2% |
| Revenue Growth (3Y CAGR) | 4.19% | 7.66% |
| Revenue Growth (5Y CAGR) | 15.5% | 12.4% |
| EPS Growth (3Y CAGR) | -1.77% | 13.7% |
| EPS Growth (5Y CAGR) | 3.71% | 12.4% |
Balance sheet
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $789.40M | $43.42M |
| Total Debt | $25.00M | $204.00M |
| Net Cash (Debt) | $764.40M | $2.04M |
| Net Cash Per Share | $14.82 | $0.13 |
| Equity (Book Value) | $3.52B | $52.29M |
| Book Value Per Share | $68.21 | $1.90 |
| Tangible Book Value | $1.94B | $3.06M |
| Working Capital | $1.41B | $15.22M |
Financial position
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Current Ratio | 2.75 | 1.40 |
| Quick Ratio | 0.98 | 0.94 |
| Debt / Equity | 0.01 | 0.53 |
| Debt / EBITDA | 0.04 | 2.78 |
| Debt / FCF | 0.05 | 2.83 |
| Net Debt / EBITDA | -1.11 | 1.50 |
Cash flow (trailing twelve months)
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Operating Cash Flow | $538.79M | $8.52M |
| Capital Expenditures | -$56.15M | -$5.56M |
| Free Cash Flow | $482.64M | $43.71M |
| FCF Per Share | $9.36 | $0.69 |
Efficiency
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Asset Turnover | 1.21 | 0.64 |
| Revenue Per Employee | $401.20K | $392.99K |
| Profits Per Employee | $28.69K | -$4.94K |
| Employee Count | 14,000 | 544 |
Dividends and yields
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Earnings Yield | 6.11% | -0.85% |
| FCF Yield | 7.34% | 3.98% |
| Buyback Yield | 10.9% | 3.11% |
| Shareholder Yield | 10.9% | 3.32% |
Shares
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Shares Outstanding | 51,587,000 | 60,427,600 |
| Shares Change (YoY) | -4.84% | 2.21% |
| Shares Change (QoQ) | -2.22% | 0.06% |
| Float | 49,445,300 | 53,528,000 |
| Shares Held by Insiders | 4.15% | 13.1% |
| Shares Held by Institutions | 110.8% | 66.9% |
Taxes
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Income Tax | $146.97M | $1.69M |
| Effective Tax Rate | 26.8% | 22.0% |
Scores
| Measure | EPAM Systems | Industry median |
|---|---|---|
| Graham Number | $106.42 | $15.96 |
| Graham Upside | -16.5% | -56.1% |
| Altman Z-Score | 5.74 | 1.51 |
| Piotroski F-Score | 6 | 5 |
Calculated by StockData from EPAM Systems's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.