Epam Systems, Inc. - Understand $epam stock

$EPAM Market Cap: $13.72 Billion

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Financial Snapshot

Revenue

$4.637B

TTM

Gross Margin

30.83%

TTM

Net Earnings

$448.8M

TTM

Current Assets

$3.107B

Q3 2024

Current Liabilities

$681.0M

Q3 2024

Current Ratio

456.19%

Q3 2024

Total Assets

$4.457B

Q3 2024

Total Liabilities

$902.6M

Q3 2024

Book Value

$3.555B

Q3 2024

Cash

$2.036B

Q3 2024

P/E

30.57

Nov 29, 2024 EST

Free Cash Flow

$573.8M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$4.691B	$4.825B	$3.758B	$2.659B	$2.294B	$1.843B	$1.450B	$1.160B	$914.1M	$730.0M	$555.1M	$433.8M	$334.5M	$221.8M
YoY Change	-2.78%	28.38%	41.31%	15.94%	24.47%	27.06%	25.02%	26.91%	25.22%	31.51%	27.97%	29.67%	50.81%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$4.691B	$4.825B	$3.758B	$2.659B	$2.294B	$1.843B	$1.450B	$1.160B	$914.1M	$730.0M	$555.1M	$433.8M	$334.5M	$221.8M
Cost Of Revenue	$3.257B	$3.287B	$2.484B	$1.733B	$1.488B	$1.187B	$921.4M	$737.2M	$566.9M	$456.5M	$347.7M	$270.4M	$205.3M	$132.5M
Gross Profit	$1.434B	$1.538B	$1.274B	$927.0M	$805.6M	$656.0M	$529.1M	$422.9M	$347.2M	$273.5M	$207.5M	$163.4M	$129.2M	$89.30M
Gross Profit Margin	30.57%	31.88%	33.91%	34.85%	35.12%	35.6%	36.48%	36.46%	37.98%	37.46%	37.37%	37.68%	38.62%	40.26%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$815.1M	$872.8M	$648.7M	$484.8M	$457.4M	$373.6M	$327.6M	$265.9M	$222.8M	$163.7M	$116.5M	$85.87M	$64.93M	$47.64M
YoY Change	-6.61%	34.54%	33.83%	5.97%	22.44%	14.04%	23.22%	19.35%	36.11%	40.49%	35.67%	32.25%	36.31%
% of Gross Profit	56.84%	56.75%	50.9%	52.3%	56.78%	56.95%	61.91%	62.86%	64.16%	59.84%	56.15%	52.54%	50.26%	53.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$68.20M	$69.00M	$65.50M	$50.50M	$45.32M	$36.64M	$28.56M	$23.39M	$17.40M	$17.48M	$15.12M	$10.88M	$6.759M	$5.243M
YoY Change	-1.16%	5.34%	29.7%	11.44%	23.68%	28.28%	22.13%	34.45%	-0.5%	15.63%	38.95%	61.0%	28.91%
% of Gross Profit	4.76%	4.49%	5.14%	5.45%	5.63%	5.59%	5.4%	5.53%	5.01%	6.39%	7.29%	6.66%	5.23%	5.87%
Operating Expenses	$815.1M	$872.8M	$648.7M	$484.8M	$457.4M	$373.6M	$327.6M	$265.9M	$222.8M	$163.7M	$116.5M	$85.87M	$64.93M	$47.64M
YoY Change	-6.61%	34.54%	33.83%	5.97%	22.44%	14.04%	23.22%	19.35%	36.11%	40.49%	35.67%	32.25%	36.31%
Operating Profit	$501.2M	$573.0M	$542.3M	$379.3M	$302.9M	$245.8M	$172.9M	$133.7M	$106.0M	$86.18M	$76.49M	$66.01M	$55.01M	$32.79M
YoY Change	-12.52%	5.65%	42.97%	25.25%	23.23%	42.1%	29.36%	26.17%	22.96%	12.67%	15.89%	19.99%	67.76%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$35.35M	-$65.71M	-$8.924M	-$800.0K	-$3.300M	$4.000M	$1.400M	-$7.200M	$100.0K	$2.700M	$300.0K	-$100.0K	-$2.200M
YoY Change	-153.79%	636.31%	1015.5%	-75.76%	-182.5%	185.71%	-119.44%	-7300.0%	-96.3%	800.0%	-400.0%	-95.45%
% of Operating Profit	7.05%	-11.47%	-1.65%	-0.21%	-1.09%	1.63%	0.81%	-5.39%	0.09%	3.13%	0.39%	-0.15%	-4.0%
Other Income/Expense, Net								$0.00	$0.00	-$1.900M
YoY Change									-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$536.6M	$507.3M	$533.4M	$378.5M	$299.5M	$44.53M	-$6.595M	-$9.300M	-$7.687M	-$7.229M	$7.001M	$9.291M	$2.872M	$809.0K
YoY Change	5.78%	-4.9%	40.93%	26.36%	572.68%	-775.16%	-29.09%	20.98%	6.34%	-203.26%	-24.65%	223.5%	255.01%
Income Tax	$119.5M	$87.84M	$51.74M	$51.32M	$38.47M	$9.517M	$101.5M	$27.20M	$21.61M	$17.31M	$14.78M	$11.38M	$8.439M	$2.787M
% Of Pretax Income	22.27%	17.32%	9.7%	13.56%	12.84%	21.37%					211.06%	122.47%	293.84%	344.5%
Net Earnings	$417.1M	$419.4M	$481.7M	$327.2M	$261.1M	$240.3M	$72.76M	$99.27M	$84.46M	$69.64M	$61.99M	$54.48M	$44.35M	$28.31M
YoY Change	-0.56%	-12.92%	47.22%	25.32%	8.66%	230.2%	-26.7%	17.54%	21.27%	12.34%	13.78%	22.84%	56.68%
Net Earnings / Revenue	8.89%	8.69%	12.82%	12.3%	11.38%	13.04%	5.02%	8.56%	9.24%	9.54%	11.17%	12.56%	13.26%	12.76%
Basic Earnings Per Share	$7.21	$7.32	$8.52	$5.87	$4.77	$4.48	$1.40	$1.97	$1.73	$1.48	$1.35	$1.27
Diluted Earnings Per Share	$7.06	$7.09	$8.15	$5.60	$4.53	$4.24	$1.32	$1.87	$1.62	$1.40	$1.28	$1.17	$1.091M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$2.097B	$1.742B	$1.447B	$1.382B	$936.6M	$770.6M	$582.6M	$363.8M	$229.6M	$221.0M	$171.4M	$120.0M	$88.80M	$54.00M
YoY Change	20.4%	20.4%	4.66%	47.58%	21.54%	32.27%	60.14%	58.45%	3.89%	28.94%	42.83%	35.14%	64.44%
Cash & Equivalents	$2.036B	$1.681B	$1.447B	$1.322B	$936.6M	$770.6M	$582.6M	$362.0M	$199.4M	$220.5M	$169.2M	$118.1M	$88.80M	$54.00M
Short-Term Investments	$60.74M	$60.34M	$0.00	$60.00M				$1.700M	$30.20M	$500.0K	$2.200M	$1.800M
Other Short-Term Assets	$97.36M	$85.32M	$53.93M	$29.60M	$39.90M	$26.20M	$11.00M	$10.80M	$18.20M	$7.300M	$11.50M	$13.60M	$9.300M	$6.300M
YoY Change	14.11%	58.21%	82.19%	-25.81%	52.29%	138.18%	1.85%	-40.66%	149.32%	-36.52%	-15.44%	46.24%	47.62%
Inventory
Prepaid Expenses
Receivables	$897.0M	$932.6M	$768.9M	$501.1M	$497.7M	$402.3M	$352.1M	$263.3M	$270.4M	$180.3M	$138.5M	$112.3M	$83.90M	$65.40M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$14.30M	$8.800M	$10.70M	$6.500M	$9.500M	$5.100M	$1.500M	$2.500M
Total Short-Term Assets	$3.091B	$2.760B	$2.269B	$1.913B	$1.474B	$1.199B	$960.0M	$646.6M	$528.9M	$415.1M	$331.0M	$251.0M	$183.6M	$128.2M
YoY Change	12.02%	21.6%	18.65%	29.75%	22.94%	24.91%	48.47%	22.25%	27.42%	25.41%	31.87%	36.71%	43.21%
Property, Plant & Equipment	$370.0M	$422.1M	$421.1M	$398.2M	$404.3M	$102.6M	$86.40M	$73.60M	$60.50M	$55.10M	$53.30M	$53.10M	$35.50M	$25.30M
YoY Change	-12.36%	0.25%	5.74%	-1.51%	294.05%	18.75%	17.39%	21.65%	9.8%	3.38%	0.38%	49.58%	40.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments													$400.0K	$500.0K
YoY Change													-20.0%
Other Assets	$257.5M	$220.7M	$200.8M	$146.4M	$114.4M	$86.20M	$37.70M	$41.80M	$22.70M	$14.60M	$8.200M	$7.200M	$6.800M	$4.700M
YoY Change	16.68%	9.88%	37.18%	27.97%	32.71%	128.65%	-9.81%	84.14%	55.48%	78.05%	13.89%	5.88%	44.68%
Total Long-Term Assets	$1.261B	$1.250B	$1.254B	$808.5M	$770.0M	$412.7M	$290.3M	$279.2M	$249.6M	$178.9M	$101.9M	$99.80M	$52.00M	$42.70M
YoY Change	0.92%	-0.34%	55.07%	5.0%	86.58%	42.16%	3.98%	11.86%	39.52%	75.56%	2.1%	91.92%	21.78%
Total Assets	$4.352B	$4.009B	$3.523B	$2.721B	$2.244B	$1.612B	$1.250B	$925.8M	$778.5M	$594.0M	$432.9M	$350.8M	$235.6M	$170.9M
YoY Change
Accounts Payable	$31.99M	$30.85M	$24.85M	$10.20M	$7.800M	$7.400M	$5.600M	$3.200M	$2.600M	$4.600M	$2.800M	$6.100M	$2.700M	$2.000M
YoY Change	3.7%	24.17%	143.6%	30.77%	5.41%	32.14%	75.0%	23.08%	-43.48%	64.29%	-54.1%	125.93%	35.0%
Accrued Expenses	$574.1M	$613.7M	$645.9M	$399.3M	$341.5M	$125.3M	$91.30M	$52.50M	$60.40M	$32.20M	$20.20M	$19.80M	$24.80M	$15.00M
YoY Change	-6.44%	-4.99%	61.76%	16.93%	172.55%	37.24%	73.9%	-13.08%	87.58%	59.41%	2.02%	-20.16%	65.33%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$2.861M	$16.02M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	-82.14%
Long-Term Debt Due				$0.00
YoY Change
Total Short-Term Liabilities	$644.9M	$747.5M	$763.4M	$466.0M	$386.9M	$262.8M	$181.0M	$116.2M	$127.9M	$125.4M	$54.70M	$59.40M	$53.10M	$35.70M
YoY Change	-13.72%	-2.09%	63.82%	20.44%	47.22%	45.19%	55.77%	-9.15%	1.99%	129.25%	-7.91%	11.86%	48.74%
Long-Term Debt	$26.13M	$27.69M	$30.23M	$25.00M	$25.10M	$25.00M	$25.00M	$25.00M	$35.00M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-5.66%	-8.4%	20.94%	-0.4%	0.4%	0.0%	0.0%	-28.57%
Other Long-Term Liabilities	$209.8M	$231.0M	$233.7M	$247.3M	$236.0M	$61.30M	$69.30M	$3.100M		$0.00	$1.800M	$2.500M	$1.200M	$0.00
YoY Change	-9.15%	-1.19%	-5.48%	4.79%	284.99%	-11.54%	2135.48%			-100.0%	-28.0%	108.33%
Total Long-Term Liabilities	$236.0M	$258.7M	$264.0M	$272.3M	$261.1M	$86.30M	$94.30M	$28.10M	$35.00M	$0.00	$1.800M	$2.500M	$1.200M	$0.00
YoY Change	-8.77%	-2.01%	-3.06%	4.29%	202.55%	-8.48%	235.59%	-19.71%		-100.0%	-28.0%	108.33%
Total Liabilities	$881.5M	$1.008B	$1.036B	$738.3M	$648.1M	$349.2M	$275.3M	$144.4M	$165.3M	$130.0M	$56.80M	$64.50M	$54.60M	$35.90M
YoY Change	-12.52%	-2.75%	40.34%	13.92%	85.6%	26.84%	90.65%	-12.64%	27.15%	128.87%	-11.94%	18.13%	52.09%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	57.83M shares	57.29M shares	56.51M shares	55.73M shares	54.72M shares	53.62M shares	52.08M shares	50.31M shares	48.72M shares	47.19M shares	45.75M shares	40.19M shares
Diluted Shares Outstanding	59.09M shares	59.17M shares	59.06M shares	58.45M shares	57.67M shares	56.67M shares	54.98M shares	53.22M shares	51.99M shares	49.73M shares	48.36M shares	43.82M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $13.721 Billion

About EPAM Systems, Inc.

EPAM Systems, Inc. engages in the provision of digital engineering, cloud, and artificial intelligence-enabled transformation services. The company is headquartered in Newtown, Pennsylvania and currently employs 53,150 full-time employees. The company went IPO on 2012-02-08. The firm's software product and platform development services, including 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. Its segments include North America, Europe, and Russia. The company offers complex software product development services to address the constant need for innovation and agility among software and technology companies. The company partners with global pharmaceutical, medical and scientific technology, biotechnology companies and retail pharmacies to deliver sophisticated scientific informatics and enterprise technology solutions. The company also offers health data analytics.

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