Epam Systems (EPAM) Ratios
Epam Systems Ratios
MX:EPAM's free cash flow for Q2 2026 was $-17.64M. For the 2026 fiscal year, MX:EPAM's free cash flow was decreased by $-15.21M and operating cash flow was $-2.42M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.59 | 2.96 | 4.79 | 3.69 | 2.97 |
| Quick Ratio | 2.59 | 2.96 | 4.79 | 3.69 | 2.97 |
| Cash Ratio | 1.33 | 1.57 | 3.16 | 2.25 | 1.89 |
| Solvency Ratio | 0.44 | 0.52 | 0.62 | 0.56 | 0.61 |
| Operating Cash Flow Ratio | 0.67 | 0.68 | 0.87 | 0.62 | 0.75 |
| Short-Term Operating Cash Flow Coverage | 17.62 | 0.00 | 0.00 | 162.22 | 35.73 |
| Net Current Asset Value | $ 1.31B | $ 1.31B | $ 2.21B | $ 1.75B | $ 1.24B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.03 | 0.03 | 0.04 | 0.05 | 0.07 |
| Debt-to-Equity Ratio | 0.04 | 0.04 | 0.05 | 0.06 | 0.10 |
| Debt-to-Capital Ratio | 0.04 | 0.04 | 0.05 | 0.06 | 0.09 |
| Long-Term Debt-to-Capital Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Financial Leverage Ratio | 1.33 | 1.31 | 1.25 | 1.34 | 1.42 |
| Debt Service Coverage Ratio | 14.63 | 0.00 | 0.00 | 218.52 | 35.42 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 314.02 |
| Debt to Market Cap | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 2.57 | 2.85 | 2.97 | 3.37 | 4.26 |
| Net Debt to EBITDA | -1.72 | -1.58 | -2.83 | -2.09 | -1.77 |
| Profitability Margins | |||||
| Gross Profit Margin | 26.55% | 30.68% | 30.57% | 31.88% | 33.91% |
| EBIT Margin | 9.27% | 12.36% | 11.24% | 11.88% | 14.24% |
| EBITDA Margin | 12.31% | 15.05% | 14.07% | 14.78% | 18.10% |
| Operating Profit Margin | 9.55% | 11.52% | 10.69% | 11.88% | 14.43% |
| Pretax Profit Margin | 9.27% | 12.36% | 11.44% | 10.51% | 14.19% |
| Net Profit Margin | 6.92% | 9.61% | 8.89% | 8.69% | 12.82% |
| Continuous Operations Profit Margin | 6.92% | 9.61% | 8.89% | 8.69% | 12.82% |
| Net Income Per EBT | 74.70% | 77.78% | 77.73% | 82.68% | 90.30% |
| EBT Per EBIT | 97.02% | 107.31% | 107.05% | 88.53% | 98.35% |
| Return on Assets (ROA) | 7.70% | 9.57% | 9.58% | 10.46% | 13.67% |
| Return on Equity (ROE) | 10.27% | 12.52% | 12.02% | 13.97% | 19.37% |
| Return on Capital Employed (ROCE) | 13.28% | 13.86% | 13.52% | 17.57% | 19.65% |
| Return on Invested Capital (ROIC) | 9.82% | 10.67% | 10.41% | 14.33% | 17.33% |
| Return on Tangible Assets | 11.50% | 14.51% | 11.22% | 12.33% | 16.66% |
| Earnings Yield | 3.30% | 3.39% | 2.43% | 2.23% | 1.28% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.92 | 4.72 | 5.23 | 5.17 | 4.89 |
| Payables Turnover | 72.45 | 73.32 | 101.79 | 106.53 | 99.96 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 17.20 | 14.07 | 12.68 | 11.43 | 8.93 |
| Asset Turnover | 1.11 | 1.00 | 1.08 | 1.20 | 1.07 |
| Working Capital Turnover Ratio | 3.45 | 2.33 | 2.10 | 2.74 | 2.55 |
| Cash Conversion Cycle | 69.08 | 72.39 | 66.22 | 67.13 | 71.03 |
| Days of Sales Outstanding | 74.12 | 77.37 | 69.80 | 70.56 | 74.68 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 5.04 | 4.98 | 3.59 | 3.43 | 3.65 |
| Operating Cycle | 74.12 | 77.37 | 69.80 | 70.56 | 74.68 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 11.72 | 9.76 | 9.73 | 8.10 | 10.13 |
| Free Cash Flow Per Share | 10.96 | 9.20 | 9.24 | 6.68 | 8.15 |
| Dividend Paid and CapEx Coverage Ratio | 15.50 | 17.39 | 19.80 | 5.69 | 5.13 |
| Capital Expenditure Coverage Ratio | 15.50 | 17.39 | 19.80 | 5.69 | 5.13 |
| Operating Cash Flow Coverage Ratio | 4.56 | 3.43 | 3.27 | 2.40 | 2.39 |
| Operating Cash Flow to Sales Ratio | 0.12 | 0.12 | 0.12 | 0.10 | 0.15 |
| Free Cash Flow Yield | 5.35% | 3.93% | 3.11% | 2.04% | 1.22% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 30.31 | 29.49 | 41.23 | 44.77 | 78.43 |
| Price-to-Sales (P/S) Ratio | 2.10 | 2.83 | 3.67 | 3.89 | 10.05 |
| Price-to-Book (P/B) Ratio | 3.11 | 3.69 | 4.95 | 6.26 | 15.19 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 18.69 | 25.42 | 32.19 | 49.09 | 81.97 |
| Price-to-Operating Cash Flow Ratio | 17.48 | 23.96 | 30.56 | 40.46 | 66.00 |
| Price-to-Earnings Growth (PEG) Ratio | -2.05 | 2.95 | -27.43 | -3.18 | 1.74 |
| Enterprise Value Multiple | 15.33 | 17.25 | 23.23 | 24.25 | 53.75 |
| Enterprise Value | 10.30B | 12.27B | 15.33B | 17.29B | 36.57B |
| EV to EBITDA | 15.33 | 17.25 | 23.23 | 24.25 | 53.75 |
| EV to Sales | 1.89 | 2.60 | 3.27 | 3.58 | 9.73 |
| EV to Free Cash Flow | 16.81 | 23.29 | 28.70 | 45.20 | 79.35 |
| EV to Operating Cash Flow | 15.73 | 21.95 | 27.25 | 37.25 | 63.89 |
| Tangible Book Value Per Share | 36.87 | 35.14 | 49.07 | 41.83 | 32.98 |
| Shareholders’ Equity Per Share | 65.79 | 63.35 | 60.02 | 52.39 | 44.01 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.22 | 0.22 | 0.17 | 0.10 |
| Revenue Per Share | 97.63 | 82.53 | 81.11 | 84.21 | 66.50 |
| Net Income Per Share | 6.76 | 7.93 | 7.21 | 7.32 | 8.52 |
| Tax Burden | 0.75 | 0.78 | 0.78 | 0.83 | 0.90 |
| Interest Burden | 1.00 | 1.00 | 1.02 | 0.89 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.17 | 0.17 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.03 | 0.04 | 0.03 | 0.02 | 0.03 |
| Income Quality | 1.73 | 1.23 | 1.35 | 1.11 | 1.19 |
Currency in USD