EPAM Systems EPAM Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 29%-1.2pp | 28.8%-1.8pp | 28.9%-2.0pp | 30%+0.1pp | 30.2%-0.2pp | |
| Operating margin | 9.7%-1.3pp | 9.5%-2.0pp | 9.6%-1.9pp | 10.6%+0.5pp | 11%+0.4pp | |
| Net margin | 7%-1.5pp | 6.9%-2.7pp | 7%-2.7pp | 7.9%-1.0pp | 8.5%-0.8pp | |
| Returns | ||||||
| Return on equity | 10.9%-0.6pp | 10.3%-2.5pp | 10.2%-2.9pp | 11.4%-0.9pp | 11.6%-1.5pp | |
| Return on invested capital | 14.7%-3.7pp | 15.5%-5.2pp | 17.5%-7.8pp | 17.4%-4.2pp | 18.5%-6.2pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×+0.1× | 1.1×+0.1× | 1.1×+0.1× | 1.1×0.0× | 1.1×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.7×-0.4× | 2.6×-0.4× | 3×-1.5× | 3.2×-1.7× | 3.1×-1.6× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -1.1×+0.5× | -1.8×0.0× | -1.7×+1.3× | -1.4×+1.6× | -1.6×+1.5× | |
| Per Share | ||||||
| Book value per share | $63.32-0.5% | $65.39+4.5% | $66.76+7.9% | $64.88+11.0% | $63.61+7.9% | |
| Valuation | ||||||
| Market capitalization | $7.33B-23.7% | $11.32B-14.7% | $8.4B-25.9% | $9.79B-10.3% | $9.6B-39.9% | |
| Price / earnings | 19×-4.4× | 30×+0.8× | 22.6×-2.7× | 24.4×-2.2× | 23.3×-13.7× | |
| Price / sales | 1.3×-0.7× | 2.1×-0.7× | 1.6×-0.9× | 1.9×-0.4× | 2×-1.5× | |
| Price / book | 2.1×-0.5× | 3.1×-0.6× | 2.3×-0.9× | 2.7×-0.5× | 2.6×-2.0× | |
| EV / EBITDA | 9.9×-3.7× | 15.8×-3.4× | 11.6×-3.7× | 13.7×-2.9× | 13.6×-10.7× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are EPAM Systems's profit margins?
- EPAM Systems (EPAM) runs a 29.0% gross margin and a 9.7% operating margin, with a 7.0% net margin.
- Where do EPAM Systems's ratios come from?
- Every ratio is computed from EPAM Systems's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
