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

159.06 6.64 −4.01%
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

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

Alert me on P/S ratio

As of 6 November 2026, EPAM Systems, Inc. (EPAM) trades at a P/S ratio of 1.4×. Over the past ten years it has ranged from 0.7× (June 2026) to 12.0× (November 2021); the current reading is higher than 6% of that period. That is above the Information Technology Services industry median of 1.1× and below the Technology sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.1× (25.94%)
FY2024 2.8× (21.09%)
FY2023 3.6× (8.77%)
FY2022 3.9× (60.85%)
FY2021 10.1× 33.86%
FY2020 7.5× 48.36%
FY2019 5.1× 49.94%
FY2018 3.4× (13.27%)
FY2017 3.9× 40.98%
FY2016 2.8× (34.12%)

Quarterly newest first

Period P/S ratio Change
Sep 2026 1.0× 33.78%
Jun 2026 0.7× (43.76%)
Mar 2026 1.3× (37.52%)
Dec 2025 2.1× 32.70%
43 more quarters

Against its own ten years

Low 0.7× High 12.0×
Ten-year median 3.8×
Current reading's percentile 6

P/S ratio against peers

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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