Friday 6 November 2026 Export EPAM’s income statement to Excel — free account

EPAM Systems, Inc.

EPAM Technology Information Technology Services

EPAM Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 15.4% from fiscal 2024.

Revenue: +2.30%
EPS: +32.0%
Free cash flow: −4.27%
Total debt: −0.14%

Quarter to September 2026, against a year earlier

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159.06 6.64 −4.01%

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Market cap: $8.6B
P/E: 19.8×
Fwd P/E: 16.8×
Dividend yield: —
F-score: 6/9
Altman Z: 8.10
Beneish M: −2.69
Dividend safety: n/a

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EPAM Systems, Inc. (EPAM) P/E ratio

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As of 6 November 2026, EPAM Systems, Inc. (EPAM) trades at a P/E ratio of 19.8×. Over the past ten years it has ranged from 10.7× (June 2026) to 95.2× (November 2021); the current reading is higher than 5% of that period. That is above the Information Technology Services industry median of 16.1× and below the Technology sector median of 25.6×.

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<iframe src="https://stockrow.com/embed/EPAM/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="EPAM Systems, Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/EPAM/metrics/pe-ratio">EPAM Systems, Inc. (EPAM) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	30.3×	2.92%
FY2024	29.4×	(27.09%)
FY2023	40.4×	(10.79%)
FY2022	45.3×	(42.29%)
FY2021	78.5×	28.74%
FY2020	60.9×	36.73%
FY2019	44.6×	72.12%
FY2018	25.9×	(66.32%)
FY2017	76.9×	137.91%
FY2016	32.3×	(28.48%)

Period	P/E ratio	Change
Sep 2026	13.5×	26.11%
Jun 2026	10.7×	(44.64%)
Mar 2026	19.3×	(36.18%)
Dec 2025	30.3×	32.45%
43 more quarters	Free account

Against its own ten years

Low 10.7× High 95.2×

Ten-year median 39.6×

Current reading's percentile 6

Company	P/E ratio
G Genpact Limited compare	12.3×
INGM Ingram Micro Holding Corporation compare	12.8×
IT Gartner, Inc. compare	13.5×
SAIC Science Applications International Corporation compare	16.9×
EPAM EPAM Systems, Inc.	19.8×
CACI CACI International, Inc. compare	24.8×
JKHY Jack Henry & Associates, Inc. compare	24.9×
EXLS ExlService Holdings, Inc. compare	25.7×
WSE WISE GROUP PLC compare	—
Information Technology Services industry median	16.1×
Technology sector median	25.6×
Market median	17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

EPAM Systems, Inc. (EPAM) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on EPAM

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on EPAM

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