EPAM Systems, Inc.

EPAM Systems, Inc.

123.50
EUR
+4.10
(+3.43%)
6.46EPS
10.76P/E
3.60BMarket Cap
Nov 05Next Earn

Total Valuation

EUR

As of June 30, 2026, EPAM Systems, Inc. carries a market capitalization of 3.60B, placing it among publicly traded companies globally. Its enterprise value stands at 3.05B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap3.60B
Enterprise Value3.05B

Important Dates

EPAM Systems, Inc.'s next confirmed earnings release is scheduled for November 5, 2026.

Earnings Date11/5/2026

Share Statistics

As of June 30, 2026, EPAM Systems, Inc. has 51.59M shares outstanding.

Shares Outstanding51.59M

Valuation Ratios

As of June 30, 2026, EPAM Systems, Inc. trades at a trailing price-to-earnings ratio of 10.76. The price-to-sales ratio is 0.77, and the price-to-book ratio stands at 1.17.

PE Ratio10.76
PS Ratio0.77
PB Ratio1.17
P/TBV Ratio2.12
P/FCF Ratio9.00
P/OCF Ratio8.02

Enterprise Valuation

As of June 30, 2026, EPAM Systems, Inc. trades at an EV/EBITDA multiple of 4.77 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.62 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 6.18 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. EPAM Systems, Inc. trades at an EV/FCF ratio of 7.19, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 3.05B versus a market cap of 3.60B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.62
EV / EBITDA4.77
EV / EBIT6.18
EV / FCF7.19

Financial Position

As of June 30, 2026, EPAM Systems, Inc. maintains a current ratio of 2.75, meaning it holds 2.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 4.33, indicating elevated leverage, while an interest coverage ratio of 401.06 demonstrates strong ability to service its debt obligations.

Current Ratio2.75
Quick Ratio2.56
Debt / Equity4.33
Debt / EBITDA0.21
Interest Coverage401.06

Financial Efficiency

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Over the twelve months ended June 30, 2026, EPAM Systems, Inc. posted a return on equity (ROE) of 11.18, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 10.95 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 8.65, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 10.74, useful for judging operating efficiency across full business cycles. The company generates approximately 78,740.19 in revenue per employee across its workforce of 62,437.50, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)11.18
Return on Assets (ROA)8.65
Return on Invested Capital (ROIC)10.95
Return on Capital Employed (ROCE)10.74
Revenue Per Employee78,740.19
Employee Count62,437.50

Taxes

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Over the twelve months ended June 30, 2026, EPAM Systems, Inc. recorded 128.64M in income tax expense. That works out to an effective tax rate of 26.79, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 480.22M, leaving 351.58M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax128.64M
Effective Tax Rate26.79

Stock Price Statistics

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As of the close on October 22, 2026, EPAM Systems, Inc.'s stock has declined approximately 7.18% over the past 52 weeks. The 50-day moving average sits at 99.76, while the 200-day moving average is 105.57.

52-Week Price Change-7.18%
50-Day Moving Average99.76
200-Day Moving Average105.57

Income Statement

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Over the twelve months ended June 30, 2026, EPAM Systems, Inc. generated 4.92B in revenue and converted that into 351.58M in net income, yielding earnings per share of 6.46. EBITDA reached 639.26M, while operating income came in at 492.96M.

Revenue4.92B
Gross Profit1.45B
Operating Income492.96M
Pretax Income480.22M
Net Income351.58M
EBITDA639.26M
EBIT492.96M
Earnings Per Share (EPS)6.46

Balance Sheet

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As of June 30, 2026, EPAM Systems, Inc. holds 690.96M in cash and equivalents against 133.26M in total debt, resulting in a net debt position of -669.08M. Total book value stands at 3.08B, with working capital of 1.24B providing operational flexibility.

Cash & Cash Equivalents690.96M
Total Debt133.26M
Net Debt-669.08M
Equity (Book Value)3.08B
Book Value Per Share59.71
Working Capital1.24B

Cash Flow

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EPAM Systems, Inc. produced 471.60M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -49.15M in capital expenditures, free cash flow totaled 422.45M - equivalent to 7.81 per share.

Operating Cash Flow471.60M
Capital Expenditures-49.15M
Free Cash Flow422.45M
FCF Per Share7.81

Margins

Over the twelve months ended June 30, 2026, EPAM Systems, Inc. posted a gross margin of 29.41, reflecting its pricing power and cost economics. The operating margin of 10.03 and net profit margin of 7.15 provide insight into operational efficiency.

Gross Margin29.41
Operating Margin10.03
Pretax Margin9.77
Profit Margin7.15
EBITDA Margin13.00

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 11.11, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 17.56, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to EPAM Systems, Inc. shareholders.

Shareholder Yield17.56
FCF Yield11.11

Scores

As of June 30, 2026, EPAM Systems, Inc. has an Altman Z-Score of 6.35, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score6.35