EPAM Systems (EPAM) EV to CFO (2012 - 2026)
EPAM Systems' (EPAM) EV to CFO came in at 6.13 for Q2 2026, down 68.7% from 19.59 a year earlier and down 40.3% from the prior quarter.
EPAM Systems (EPAM) EV to CFO (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to CFO at EPAM Systems was -0.50; for FY2025, it was 15.00, down 30.2% from FY2024.
- Annual EV to CFO has declined for four consecutive years.
- In prior years, EPAM Systems' EV to CFO was 21.48 in FY2024 (-19.9%), 26.81 in FY2023 (-27.5%), 36.97 in FY2022 (-42.1%) and 63.88 in FY2021 (+85.7%).
- The Q2 2026 figure stands as the lowest quarterly EV to CFO in data going back to Q1 2012.
- On a year-over-year basis, EV to CFO has declined in each of the last four quarters, with an average decline of 24.4% over the last eight quarters.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q3 2021, with growth of 109.9%; the weakest was Q2 2026, with a decline of 68.7%.
- According to Business Quant data, EV to CFO for the three prior quarters was 10.27 (Q1 2026), 15.00 (Q4 2025) and 14.11 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn |
| 10 | Ingram Micro Holding | 6.29 Bn | 1.70 Bn | 996.93 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.53 |
| Jun 30, 2026 | 6.13 |
| Mar 31, 2026 | 10.27 |
| Dec 31, 2025 | 15.00 |
| Sep 30, 2025 | 14.11 |
| Jun 30, 2025 | 19.59 |
| Mar 31, 2025 | 18.50 |
| Dec 31, 2024 | 21.48 |
| Sep 30, 2024 | 15.37 |
| Jun 30, 2024 | 15.46 |
| Mar 31, 2024 | 23.06 |
| Dec 31, 2023 | 26.81 |
| Sep 30, 2023 | 22.20 |
| Jun 30, 2023 | 18.18 |
| Mar 31, 2023 | 25.67 |
| Dec 31, 2022 | 36.97 |
| Sep 30, 2022 | 34.27 |
| Jun 30, 2022 | 30.13 |
| Mar 31, 2022 | 30.87 |
| Dec 31, 2021 | 63.88 |
EPAM Systems EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=EPAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "EPAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=EPAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();