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.

122.19 0.07 −0.06%
Market cap
$6.3B
P/E
16.5×
Fwd P/E
11.8×
Dividend yield
—
F-score
6/9
Altman Z
8.10
Beneish M
−2.69
Dividend safety
n/a

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

Alert me on 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

Against its own ten years

Low 10.7× High 95.2×
Ten-year median 39.7×
Current reading's percentile 4

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)

The full definition of P/E ratio →

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