EPAM Systems (EPAM) EV to EBIT (2012 - 2026)
EPAM Systems' (EPAM) quarterly EV to EBIT came in at 21.71 in Q2 2026, down 68.83% year-over-year from 69.64 in Q2 2025, and down 58.49% quarter-over-quarter from 52.3 in Q1 2026.
Analysis
EPAM Systems (EPAM) EV to EBIT (2012 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported EV to EBIT for 15 consecutive years, with 21.71 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to EBIT fell 68.83% year-over-year to 21.71 in Q2 2026; TTM through Jun 2026 was 5.87, a 64.07% decrease from a year earlier, with the FY2025 full-year figure at 18.89, down 14.34% from the prior year.
- EV to EBIT was 21.71 for Q2 2026 at EPAM Systems, down from 52.3 in the prior quarter.
- Over five years, EV to EBIT peaked at 167.22 in Q2 2022 and troughed at 21.71 in Q2 2026.
- A 5-year average of 90.02 and a median of 86.21 in 2024 frame the typical range for EV to EBIT.
- Across the five-year window, EV to EBIT climbed 22.38% in 2023 and tumbled 68.83% in 2026, its largest moves.
- Over 5 years, EV to EBIT stood at 100.63 in 2022, then rose by 22.38% to 123.16 in 2023, then dropped by 28.56% to 87.99 in 2024, then fell by 25.19% to 65.82 in 2025, then plunged by 67.02% to 21.71 in 2026.
- The last three EV to EBIT figures came in at 21.71 (Q2 2026), 52.3 (Q1 2026), and 65.82 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.71 |
| Mar 31, 2026 | 52.30 |
| Dec 31, 2025 | 65.82 |
| Sep 30, 2025 | 48.90 |
| Jun 30, 2025 | 69.64 |
| Mar 31, 2025 | 84.44 |
| Dec 31, 2024 | 87.99 |
| Sep 30, 2024 | 52.14 |
| Jun 30, 2024 | 73.50 |
| Mar 31, 2024 | 126.24 |
| Dec 31, 2023 | 123.16 |
| Sep 30, 2023 | 112.42 |
| Jun 30, 2023 | 77.44 |
| Mar 31, 2023 | 128.67 |
| Dec 31, 2022 | 100.63 |
| Sep 30, 2022 | 106.98 |
| Jun 30, 2022 | 167.22 |
| Mar 31, 2022 | 121.26 |
| Dec 31, 2021 | 220.70 |
| Sep 30, 2021 | 215.68 |