YOLFTbeta
EPAM Systems Inc

EPAM Systems Inc

EPAM · NYSE · Technology / Information Technology Services

163.15USD-0.68 (-0.42%)

Price History

Full chart

Market Stats

Previous Close163.83
Open164.18
Day Range162.85 – 167.86
52-Week Range73.06 – 222.53
Volume1.00M
Market Cap7.09B
P/E (TTM)18.74
Forward P/E10.42
EPS7.33
Dividend Yield0.00%
Beta1.27
50-Day Avg119.28
200-Day Avg121.22

About

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; cloud services for creating a roadmap to set and refine IT and business goals while identifying new and emerging opportunities leveraging cloud technologies; data, analytics, and artificial intelligence; customer experience; marketing; and cybersecurity. It also offers operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers software product and platform development services, which comprise product research, customer experience design and prototyping, program management, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, managed services, as well as cross-platform migration and modernizing legacy platforms. The company has a collaboration with Wiz to help organizations turn cloud risk intelligence into continuous, AI-powered, and engineering-led remediation across complex multi-cloud environments. The company serves the financial services; consumer goods, retail, and travel; software and hi-tech; business information and media; life sciences and healthcare; and emerging vertical industries. EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMr. Balazs Fejes
  • Employees62.85K
  • Headquarters41 University Drive, Newtown, PA, United States, 18940, USA
  • Websitehttps://www.epam.com

Leadership

  • Mr. Arkadiy DobkinExecutive Chairman · b. 1960
  • Mr. Balazs FejesPresident, CEO & Director · b. 1975
  • Mr. Jason PetersonSenior VP, CFO & Treasurer · b. 1963
  • Mr. Lawrence F. SolomonSenior VP, Chief People Officer & Head of Operations · b. 1965
  • Ms. Elaina ShekhterChief Strategy & Transformation Officer and Senior VP · b. 1970
  • Mr. Victor Dvorkin Ph.D.Chief Delivery Officer & Executive VP of Americas · b. 1973
  • Mr. Gary AbrahamsVP, Corporate Controller & Chief Accounting Officer · b. 1968
  • Mike RowshandelHead of Investor Relations
  • Mr. Philip StormSenior VP & Chief Compliance Officer
  • Mr. Edward F. Rockwell J.D.Senior VP, Chief Legal Officer & Corporate Secretary · b. 1968

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue149.94M221.82M334.53M433.80M555.12M730.03M914.13M1.16B1.45B1.84B2.29B2.66B3.76B4.82B4.69B4.73B5.46B
Growth (%)-+47.94%+50.81%+29.67%+27.97%+31.51%+25.22%+26.91%+25.02%+27.06%+24.47%+15.94%+41.31%+28.38%-2.78%+0.80%+15.42%
Cost of Revenue88.03M132.53M205.34M270.36M347.65M456.53M566.91M737.19M921.35M1.19B1.49B1.73B2.48B3.29B3.26B3.28B4.01B
Gross Profit61.91M89.30M129.19M163.44M207.47M273.50M347.21M422.95M529.10M655.99M805.60M926.96M1.27B1.54B1.43B1.45B1.45B
Gross Margin41.29%40.26%38.62%37.68%37.37%37.46%37.98%36.46%36.48%35.60%35.12%34.85%33.91%31.88%30.57%30.68%26.55%
Operating Expense45.93M56.51M74.18M97.43M130.97M187.31M241.25M289.25M356.15M410.23M502.75M547.63M732.13M965.05M932.79M905.86M927.55M
Operating Income15.98M32.79M55.01M66.01M76.49M86.18M105.97M133.70M172.95M245.76M302.85M379.32M542.32M572.97M501.24M544.58M521.16M
Operating Margin10.66%14.78%16.44%15.22%13.78%11.81%11.59%11.52%11.92%13.34%13.20%14.26%14.43%11.88%10.69%11.52%9.55%
EBITDA20.21M39.03M64.24M76.89M91.61M105.91M123.36M157.08M201.51M282.40M404.03M508.57M680.27M647.31M659.86M711.52M671.71M
EBITDA Margin13.48%17.60%19.20%17.72%16.50%14.51%13.50%13.54%13.89%15.32%17.61%19.12%18.10%13.42%14.07%15.05%12.31%
Net Income13.53M28.31M44.35M54.48M61.99M69.64M84.46M99.27M72.76M240.26M261.06M327.16M481.65M419.42M417.08M454.53M377.68M
Net Income Margin9.02%12.76%13.26%12.56%11.17%9.54%9.24%8.56%5.02%13.04%11.38%12.30%12.82%8.69%8.89%9.61%6.92%
R&D---0000000-------
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense185.00K76.00K37.00K000000015.37M5.51M1.73M10.03M2.82M--
Interest Expense % of Total Revenue0.12%0.03%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.67%0.21%0.05%0.21%0.06%--

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-135.41M170.86M235.61M350.81M432.88M594.03M778.54M925.81M1.25B1.61B2.24B2.72B3.52B4.01B4.35B4.75B4.90B
Total Liabilities-118.87M104.61M140.55M64.53M56.78M129.98M165.31M144.40M275.31M349.21M648.06M738.31M1.03B1.01B880.89M1.12B1.22B
Total Equity-16.53M66.25M95.06M286.28M376.10M464.05M613.22M781.41M974.95M1.26B1.60B1.98B2.49B3.00B3.47B3.63B3.68B
Cash-52.93M54.00M88.80M118.11M169.21M220.53M199.45M362.02M582.59M770.56M936.55M1.32B1.45B1.68B2.04B1.29B1.30B
Total Debt-7.00M-----152.94M132.18M177.65M92.88M263.46M266.40M239.16M193.22M171.94M163.25M143.70M
Net Debt--45.93M-54.00M-88.80M-118.11M-169.21M-220.53M-164.45M-336.98M-557.55M-745.53M-673.09M-1.06B-1.21B-1.49B-1.86B-1.12B-1.15B

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow26.11M20.47M54.52M48.50M58.23M104.87M76.39M164.82M195.36M292.22M287.45M544.41M572.33M464.10M562.63M559.17M654.93M
Investing Cash Flow-9.03M-10.83M-17.41M-59.63M-21.82M-52.93M-125.49M-9.32M-36.17M-112.12M-145.37M-167.15M-368.92M-182.93M-66.77M-884.98M-49.05M
Financing Cash Flow6.46M-8.04M-1.56M38.85M15.50M10.35M33.76M10.47M49.75M23.00M20.36M-765.00K-59.56M-2.02M-165.77M-390.41M-651.20M
Capital Expenditure1.05M8.37M17.09M27.08M15.92M15.84M17.96M29.32M29.81M37.57M99.31M68.79M111.50M81.63M28.41M32.15M42.24M
Free Cash Flow25.06M12.11M37.43M21.42M42.30M89.03M58.43M135.50M165.56M254.64M188.15M475.61M460.83M382.48M534.22M527.02M612.69M
Dividends Paid---000000-21.50M6.28M15.31M-2.97M--
FCF to OCF95.98%59.14%68.65%44.17%72.66%84.90%76.48%82.21%84.74%87.14%65.45%87.36%80.52%82.41%94.95%94.25%93.55%
Dividend Paid to FCF---0.00%0.00%0.00%0.00%0.00%0.00%-11.43%1.32%3.32%-0.56%--

Earnings

Report DateMar 27, 2012May 8, 2012Aug 3, 2012Nov 8, 2012Feb 28, 2013May 8, 2013Aug 8, 2013Nov 7, 2013Feb 19, 2014Apr 30, 2014Aug 4, 2014Nov 3, 2014Feb 25, 2015May 6, 2015Aug 4, 2015Nov 4, 2015Feb 17, 2016May 5, 2016Aug 4, 2016Nov 7, 2016Feb 16, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Feb 16, 2018May 9, 2018Aug 2, 2018Nov 1, 2018Feb 14, 2019May 9, 2019Aug 8, 2019Nov 7, 2019Feb 20, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 18, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 17, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 16, 2023May 5, 2023Aug 3, 2023Nov 2, 2023Feb 15, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Feb 20, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 19, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.280.310.380.370.340.400.430.460.410.480.540.610.540.640.680.730.720.710.750.780.740.810.850.970.910.991.061.231.171.231.341.451.401.211.471.711.691.942.222.511.771.712.532.682.342.342.562.502.312.262.702.752.272.073.033.162.752.442.76
EPS Actual0.130.310.370.370.370.350.400.430.480.470.530.600.620.610.640.700.780.720.710.760.770.720.800.921.010.931.011.171.271.251.281.391.511.431.461.651.811.812.052.422.762.492.383.102.932.472.642.732.752.462.453.122.842.412.093.083.262.862.93-
Surprise-10.71%19.35%-2.63%0.00%2.94%0.00%0.00%4.35%14.63%10.42%11.11%1.64%12.96%0.00%2.94%6.85%0.00%0.00%1.33%-1.28%-2.70%-1.23%8.24%4.12%2.20%2.02%10.38%3.25%6.84%4.07%3.73%4.14%2.14%20.66%12.24%5.85%7.10%5.67%9.01%9.96%40.68%39.18%22.53%9.33%5.56%12.82%6.64%10.00%6.49%8.41%15.56%3.27%6.17%0.97%1.65%3.16%4.00%20.08%-
Timing-Pre-marketPre-marketAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap7.09B
Enterprise Value6.49B
Trailing P/E18.74
Forward P/E10.42
PEG Ratio0.74
Price / Sales1.26
Price / Book2.03
EPS7.33
Book Value68.21
Revenue (TTM)5.62B
Gross Profit (TTM)1.65B
EBITDA753.35M
Profit Margin7.15%
Operating Margin10.94%
Return on Equity11.18%
Return on Assets8.45%
Shares Outstanding51.59M
Shares Float49.63M
Beta1.27
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 19 analystsTarget 131.24
  • Strong Buy
    7
  • Buy
    1
  • Hold
    11

Ownership Breakdown

Institutions
118.95%
Insiders
3.28%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    6.64M12.87%
  • Ameriprise Financial Inc
    5.46M10.58%
  • Capital World Investors
    4.83M9.35%
  • Vanguard Portfolio Management, LLC
    3.47M6.72%
  • Amvescap Plc.
    2.41M4.67%
  • Vanguard Capital Management, LLC
    2.28M4.41%
  • State Street Corp
    1.96M3.79%
  • Dimensional Fund Advisors, Inc.
    1.65M3.20%
  • Citadel Advisors Llc
    1.57M3.04%
  • Aikya Investment Management Ltd
    1.37M2.65%
  • Morgan Stanley - Brokerage Accounts
    1.25M2.42%
  • Brandes Investment Partners & Co
    1.17M2.28%
  • Geode Capital Management, LLC
    1.10M2.14%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.09M5.99%
  • SBI Focused Reg IDCW-P
    1.59M3.08%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.54M2.99%
  • American Funds New Perspective A
    1.48M2.87%
  • Vanguard Small Cap Index
    1.10M2.14%
  • Columbia Select Large Cap Value A
    993.82K1.93%
  • American Funds SMALLCAP World A
    988.00K1.92%