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EPAM Systems stock: key metrics
EPAMEPAM Systems had an operating margin of 9.6% and a return on invested capital (ROIC) of 15.5% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2009 | 41.3% | 10.7% | 9.0% |
| 2010 | 40.3% | 14.8% | 12.8% |
| 2011 | 38.6% | 16.4% | 13.3% |
| 2012 | 37.7% | 15.2% | 12.6% |
| 2013 | 37.4% | 13.8% | 11.2% |
| 2014 | 37.5% | 11.8% | 9.5% |
| 2015 | 38.0% | 11.6% | 9.2% |
| 2016 | 36.5% | 11.5% | 8.6% |
| 2017 | 36.5% | 11.9% | 5.0% |
| 2018 | 35.6% | 13.3% | 13.0% |
| 2019 | 35.1% | 13.2% | 11.4% |
| 2020 | 34.9% | 14.3% | 12.3% |
| 2021 | 33.9% | 14.4% | 12.8% |
| 2022 | 31.9% | 11.9% | 8.7% |
| 2023 | 30.6% | 10.7% | 8.9% |
| 2024 | 30.7% | 11.5% | 9.6% |
| 2025 | 26.5% | 9.6% | 6.9% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2009 | 81.8% | 13.4% | 10.0% |
| 2010 | 42.7% | 24.1% | 16.6% |
| 2011 | 46.7% | 29.1% | 18.8% |
| 2012 | 19.0% | 63.0% | 15.5% |
| 2013 | 16.5% | 33.1% | 14.3% |
| 2014 | 15.0% | 30.7% | 11.7% |
| 2015 | 13.8% | 25.5% | 10.8% |
| 2016 | 12.7% | 24.3% | 10.7% |
| 2017 | 7.5% | 20.1% | 5.8% |
| 2018 | 19.0% | 50.6% | 14.9% |
| 2019 | 16.4% | 36.7% | 11.6% |
| 2020 | 16.5% | 36.6% | 12.0% |
| 2021 | 19.4% | 45.4% | 13.7% |
| 2022 | 14.0% | 34.5% | 10.5% |
| 2023 | 12.0% | 26.0% | 9.6% |
| 2024 | 12.5% | 20.9% | 9.6% |
| 2025 | 10.3% | 15.5% | 7.7% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 29 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.