EPAM Systems (EPAM) EV to FCF (2012 - 2026)
EPAM Systems' (EPAM) EV to FCF was 6.85 for Q2 2026, down 68.1% from 21.50 a year earlier and down 39.1% from the prior quarter.
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Analysis
EPAM Systems (EPAM) EV to FCF (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, EPAM Systems' EV to FCF came in at -0.55; for FY2025, it was 16.03, down 29.6% from FY2024.
- EV to FCF has declined for four consecutive years.
- By year, EV to FCF came in at 22.79 in FY2024 (-19.3%), 28.24 in FY2023 (-37.0%), 44.85 in FY2022 (-43.5%) and 79.34 in FY2021 (+101.5%).
- The Q2 2026 figure ranks as the lowest quarterly EV to FCF in data going back to Q1 2012.
- Year over year, EV to FCF has now declined in each of the last four quarters, with an average decline of 22.7% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q3 2021 (growth of 103.1%); the low point was Q2 2026 (a decline of 68.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.23 (Q1 2026), 16.03 (Q4 2025) and 15.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn |
| 10 | Science Applications International | 5.36 Bn | 4.90 Bn | 239.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.85 |
| Mar 31, 2026 | 11.23 |
| Dec 31, 2025 | 16.03 |
| Sep 30, 2025 | 15.44 |
| Jun 30, 2025 | 21.50 |
| Mar 31, 2025 | 20.03 |
| Dec 31, 2024 | 22.79 |
| Sep 30, 2024 | 16.08 |
| Jun 30, 2024 | 16.17 |
| Mar 31, 2024 | 24.14 |
| Dec 31, 2023 | 28.24 |
| Sep 30, 2023 | 23.85 |
| Jun 30, 2023 | 19.97 |
| Mar 31, 2023 | 28.84 |
| Dec 31, 2022 | 44.85 |
| Sep 30, 2022 | 43.24 |
| Jun 30, 2022 | 39.16 |
| Mar 31, 2022 | 40.80 |
| Dec 31, 2021 | 79.34 |
| Sep 30, 2021 | 83.16 |
API Access
EPAM Systems EV to FCF 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-fcf&ticker=EPAM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=EPAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();