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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EPAM Systems, Inc. (EPAM) Return on invested capital
EPAM Systems, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 14.0%, up 0.5 percentage points from fiscal 2025 (13.5%). Over the past ten years it has ranged from 13.5% (fiscal 2025) to 37.9% (fiscal 2020) — the current reading is the lowest in ten years. That is above the Information Technology Services industry median of 0.00% and above the Technology sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 13.5% | (0.86) |
| FY2024 | 14.4% | (8.01) |
| FY2023 | 22.4% | (5.41) |
| FY2022 | 27.8% | (3.62) |
| FY2021 | 31.4% | (6.48) |
| FY2020 | 37.9% | 10.23 |
| FY2019 | 27.7% | (2.06) |
| FY2018 | 29.7% | 3.81 |
| FY2017 | 25.9% | 7.10 |
| FY2016 | 18.8% | 2.98 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| IT Gartner, Inc. compare | 62.4% |
| EXLS ExlService Holdings, Inc. compare | 19.8% |
| JKHY Jack Henry & Associates, Inc. compare | 19.1% |
| EPAM EPAM Systems, Inc. | 14.0% |
| G Genpact Limited compare | 12.8% |
| SAIC Science Applications International Corporation compare | 9.75% |
| INGM Ingram Micro Holding Corporation compare | 9.13% |
| CACI CACI International, Inc. compare | 6.50% |
| WSE WISE GROUP PLC compare | 0.00% |
| Information Technology Services industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on EPAM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement