EPAM Systems Inc (EPAM)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 541,408 | 527,390 | 464,439 | 490,212 | 501,239 | 549,222 | 615,421 | 564,095 | 572,966 | 568,156 | 532,053 | 564,307 | 542,316 | 488,642 | 440,914 | 399,066 | 379,324 | 352,076 | 336,245 | 325,701 |
| Revenue (ttm) | US$ in thousands | 4,727,940 | 4,636,850 | 4,621,460 | 4,645,070 | 4,690,550 | 4,764,590 | 4,839,370 | 4,864,020 | 4,824,690 | 4,700,850 | 4,462,469 | 4,148,975 | 3,758,140 | 3,374,173 | 3,037,877 | 2,788,894 | 2,659,478 | 2,568,760 | 2,504,620 | 2,423,824 |
| Operating profit margin | 11.45% | 11.37% | 10.05% | 10.55% | 10.69% | 11.53% | 12.72% | 11.60% | 11.88% | 12.09% | 11.92% | 13.60% | 14.43% | 14.48% | 14.51% | 14.31% | 14.26% | 13.71% | 13.42% | 13.44% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $541,408K ÷ $4,727,940K
= 11.45%
EPAM Systems Inc's operating profit margin has displayed fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 13.44% in March 2020 and showed a steady increase, reaching its peak of 14.51% by June 30, 2021. However, after this point, there was a gradual decline in the operating profit margin, with fluctuations observed in subsequent quarters.
The margin decreased to 11.92% by June 30, 2022, and continued to fluctuate around this level for the following quarters, indicating potential challenges in maintaining profitability. Despite a slight recovery to 12.72% by June 30, 2023, the operating profit margin declined again to 10.05% by June 30, 2024. It then showed a slight improvement to 11.45% by December 31, 2024.
Overall, the trend suggests that EPAM Systems Inc experienced variations in its operating profit margin, facing challenges in sustaining profitability levels during the period under analysis. The company may need to focus on operational efficiency and cost management strategies to improve the operating profit margin in the future.
Peer comparison
Dec 31, 2024