Epam Systems (EPAM) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
4.7B
Gross Profit
1.5B
30.68%
Operating Income
544.6M
11.52%
Net Income
454.5M
9.61%
EPS (Diluted)
$7.84
Balance Sheet Metrics
Total Assets
4.8B
Total Liabilities
1.1B
Shareholders Equity
3.6B
Debt to Equity
0.31
Cash Flow Metrics
Operating Cash Flow
637.6M
Free Cash Flow
527.0M
Revenue & Profitability Trend
Epam Systems Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 4.7B | 4.7B | 4.8B | 3.8B | 2.7B |
| Cost of Goods Sold | 3.3B | 3.3B | 3.3B | 2.5B | 1.7B |
| Gross Profit | 1.5B | 1.4B | 1.5B | 1.3B | 927.0M |
| Operating Expenses | 816.3M | 815.1M | 872.8M | 648.7M | 484.8M |
| Operating Income | 544.6M | 527.2M | 573.0M | 542.3M | 379.3M |
| Pre-tax Income | 584.4M | 536.6M | 507.3M | 533.4M | 378.5M |
| Income Tax | 129.9M | 119.5M | 87.8M | 51.7M | 51.3M |
| Net Income | 454.5M | 417.1M | 419.4M | 481.7M | 327.2M |
| EPS (Diluted) | $7.84 | $7.06 | $7.09 | $8.15 | $5.60 |
Income Statement Trend
Epam Systems Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 2.4B | 3.1B | 2.8B | 2.3B | 1.9B |
| Non-Current Assets | 2.3B | 1.3B | 1.2B | 1.3B | 808.6M |
| Total Assets | 4.8B | 4.4B | 4.0B | 3.5B | 2.7B |
| Liabilities | |||||
| Current Liabilities | 821.0M | 644.9M | 747.5M | 763.4M | 466.0M |
| Non-Current Liabilities | 298.3M | 236.0M | 258.7M | 264.0M | 272.4M |
| Total Liabilities | 1.1B | 880.9M | 1.0B | 1.0B | 738.3M |
| Equity | |||||
| Total Shareholders Equity | 3.6B | 3.5B | 3.0B | 2.5B | 2.0B |
Balance Sheet Composition
Epam Systems Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 454.5M | 417.1M | 419.4M | 481.7M | 327.2M |
| Operating Cash Flow | 637.6M | 644.1M | 402.7M | 426.7M | 460.7M |
| Investing Activities | |||||
| Capital Expenditures | -32.1M | -28.4M | -81.6M | -111.5M | -68.8M |
| Investing Cash Flow | -885.0M | -66.8M | -182.9M | -368.9M | -167.2M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -444.1M | -217.4M | -52.7M | -85.8M | -27.2M |
| Free Cash Flow | 527.0M | 534.2M | 382.5M | 460.8M | 475.6M |
Cash Flow Trend
Epam Systems Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
23.53
Forward P/E
15.01
Price to Book
2.61
Price to Sales
1.96
PEG Ratio
15.01
Profitability Ratios
Profit Margin
8.47%
Operating Margin
8.38%
Return on Equity
11.57%
Return on Assets
8.14%
Financial Health
Current Ratio
3.06
Debt to Equity
4.34
Beta
1.72
Per Share Data
EPS (TTM)
$7.14
Book Value per Share
$64.33
Revenue per Share
$85.30
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| epam | 9.5B | 23.53 | 2.61 | 11.57% | 8.47% | 4.34 |
| International | 268.8B | 49.52 | 10.00 | 21.85% | 8.71% | 247.98 |
| Accenture plc | 177.8B | 22.72 | 5.82 | 26.93% | 11.61% | 25.88 |
| Caci International | 10.0B | 21.42 | 2.69 | 13.48% | 5.70% | 94.06 |
| Kyndryl Holdings | 8.9B | 36.68 | 7.29 | 20.54% | 1.67% | 297.00 |
| ExlService Holdings | 7.1B | 33.22 | 7.05 | 23.81% | 11.36% | 38.35 |
Financial data is updated regularly. All figures are in the company's reporting currency.