EPAM Systems Inc (EPAM)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 30.07% | 31.12% | 31.91% | 30.35% | 30.37% | 30.18% | 30.17% | 32.64% | 33.78% | 33.87% | 34.32% | 34.24% | 34.74% | 34.76% | 34.68% | 35.28% | 34.78% | 35.17% | 35.19% | 35.21% |
| Operating profit margin | 10.76% | 11.49% | 12.61% | 11.69% | 12.14% | 12.47% | 12.35% | 13.85% | 14.46% | 14.54% | 14.54% | 14.35% | 14.29% | 13.70% | 13.47% | 13.45% | 13.27% | 13.75% | 13.76% | 13.52% |
| Pretax margin | 11.52% | 12.77% | 13.72% | 10.94% | 10.75% | 10.23% | 9.52% | 12.88% | 14.22% | 14.15% | 14.64% | 14.28% | 14.26% | 14.06% | 13.51% | 13.70% | 13.13% | 13.62% | 13.72% | 13.75% |
| Net profit margin | 8.96% | 9.93% | 10.93% | 8.95% | 8.89% | 8.93% | 8.50% | 11.34% | 12.84% | 12.64% | 13.14% | 12.61% | 12.32% | 12.30% | 11.76% | 11.80% | 11.44% | 11.44% | 12.03% | 12.22% |
EPAM Systems Inc's profitability ratios exhibit some fluctuations over the past eight quarters. The gross profit margin has been relatively consistent, hovering around the low 30% range, indicating the company's ability to control production costs. The operating profit margin shows some variability, with a peak in Q2 2023 and a slight decline in Q4 2023 compared to the previous quarters. This suggests fluctuations in operating expenses or efficiencies in generating operating income.
The pretax margin has shown significant variations, with the highest level in Q3 2023 and the lowest in Q2 2022. This metric reflects the company's ability to generate profits before accounting for taxes, indicating both changes in operating performance and tax-related factors.
The net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, has also displayed fluctuations. It reached its highest level in Q3 2023 and its lowest in Q1 2022. This metric reflects not only operational efficiency but also factors such as interest expenses and tax liabilities impacting the company's net income.
Overall, the analysis of EPAM Systems Inc's profitability ratios highlights the company's ability to manage costs and generate profits, but also points to some variability in operational performance and financial outcomes over the examined quarters.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.52% | 13.20% | 15.03% | 13.86% | 14.29% | 15.21% | 14.93% | 16.09% | 15.39% | 15.07% | 14.89% | 14.35% | 13.94% | 13.78% | 14.07% | 14.09% | 13.49% | 14.53% | 14.52% | 14.29% |
| Return on assets (ROA) | 9.58% | 11.40% | 13.03% | 10.61% | 10.46% | 10.89% | 10.28% | 13.18% | 13.67% | 13.11% | 13.46% | 12.61% | 12.02% | 12.37% | 12.29% | 12.37% | 11.63% | 12.08% | 12.69% | 12.92% |
| Return on total capital | 14.33% | 16.51% | 18.71% | 17.87% | 18.91% | 20.40% | 20.06% | 21.85% | 21.54% | 20.67% | 19.93% | 19.10% | 18.89% | 18.68% | 18.91% | 19.77% | 18.68% | 19.86% | 19.71% | 19.56% |
| Return on equity (ROE) | 12.02% | 14.38% | 16.35% | 13.81% | 13.97% | 14.75% | 13.97% | 18.12% | 19.37% | 18.17% | 18.02% | 16.99% | 16.50% | 16.99% | 16.75% | 17.35% | 16.36% | 16.52% | 17.23% | 17.68% |
EPAM Systems Inc's profitability ratios show a consistent trend of healthy performance over the quarters.
1. Operating return on assets (Operating ROA) has been relatively stable, ranging from 12.11% to 15.03% in the last eight quarters, indicating that the company efficiently generates profits from its assets to support operations.
2. Return on assets (ROA) has also shown a positive performance, fluctuating between 9.58% and 13.03%, with an overall increasing trend over the quarters. This indicates EPAM's ability to generate earnings relative to its total assets.
3. Return on total capital has maintained a strong position, varying from 15.07% to 18.71%, highlighting the company's effectiveness in generating returns from both equity and debt investments.
4. Return on equity (ROE) has showcased a consistent performance, with figures ranging from 12.02% to 16.35%. This ratio demonstrates EPAM's ability to generate profits for its shareholders from their investments.
Overall, EPAM Systems Inc has shown solid profitability ratios over the periods analyzed, indicating a strong financial performance and efficient utilization of its assets and capital to generate returns for its stakeholders.