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. In the quarter to June 2026, revenue grew 4.53%, EPS grew 26.3%, free cash flow fell 140.7% and total debt was flat, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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EPAM Systems, Inc. (EPAM) P/E ratio
As of 16 October 2026, EPAM Systems, Inc. (EPAM) trades at a P/E ratio of 16.5×. Over the past ten years it has ranged from 10.7× (June 2026) to 95.2× (November 2021); the current reading is higher than 4% of that period. That is in line with the Information Technology Services industry median of 16.4× and below the Technology sector median of 28.2×.
P/E ratio, daily
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Annual newest first
| 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%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 10.7× | (44.64%) |
| Mar 2026 | 19.3× | (36.18%) |
| Dec 2025 | 30.3× | 32.45% |
| Sep 2025 | 22.9× | (8.51%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| APLD Applied Digital Corporation compare | n/m |
| CIFR Cipher Digital Inc. compare | n/m |
| GDS GDS Holdings compare | 8.5× |
| G Genpact Limited compare | 11.0× |
| INGM Ingram Micro Holding Corporation compare | 14.5× |
| SAIC Science Applications International Corporation compare | 15.4× |
| EPAM EPAM Systems, Inc. | 16.5× |
| EXLS ExlService Holdings, Inc. compare | 24.9× |
| PSN Parsons Corporation compare | 30.0× |
| Information Technology Services industry median | 16.4× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
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)