EPAM Systems Inc (EPAM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 454,533 | 417,083 | 419,416 | 481,652 | 327,160 |
| Revenue | US$ in thousands | 4,727,940 | 4,690,540 | 4,824,700 | 3,758,140 | 2,659,480 |
| Net profit margin | 9.61% | 8.89% | 8.69% | 12.82% | 12.30% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $454,533K ÷ $4,727,940K
= 9.61%
The net profit margin of EPAM Systems Inc has experienced fluctuations over the past five years. It stood at 12.30% as of December 31, 2020, showing a strong level of profitability. The margin then increased to 12.82% by December 31, 2021, indicating further efficiency in managing costs and generating net income.
However, in the subsequent years, the net profit margin showed a declining trend. By December 31, 2022, it fell to 8.69%, suggesting a decrease in profitability compared to the previous years. The margin slightly improved to 8.89% by December 31, 2023, but remained below the levels seen in 2020 and 2021.
As of December 31, 2024, EPAM Systems Inc's net profit margin recovered to 9.61%, showing some improvement compared to the previous year. Overall, the trend in the net profit margin demonstrates variability, with the company experiencing both peaks and troughs in profitability over the specified period.
Peer comparison
Dec 31, 2024