EPAM Systems Inc (EPAM)
Return on assets (ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 454,533 | 448,788 | 409,646 | 431,034 | 417,083 | 474,568 | 533,418 | 431,989 | 419,416 | 406,656 | 366,258 | 462,325 | 481,652 | 424,912 | 398,688 | 350,641 | 327,160 | 316,145 | 293,715 | 285,868 |
Total assets | US$ in thousands | 4,750,470 | 4,457,200 | 4,223,330 | 4,374,580 | 4,352,360 | 4,162,270 | 4,093,700 | 4,071,340 | 4,009,150 | 3,735,600 | 3,563,960 | 3,507,570 | 3,523,230 | 3,242,230 | 2,961,620 | 2,780,540 | 2,721,330 | 2,555,420 | 2,389,130 | 2,311,880 |
ROA | 9.57% | 10.07% | 9.70% | 9.85% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $454,533K ÷ $4,750,470K
= 9.57%
Based on the provided data, EPAM Systems Inc has shown fluctuations in its return on assets (ROA) over the analyzed period. The ROA ranged from a high of 13.67% on December 31, 2021, to a low of 9.57% on December 31, 2024. The trend in ROA indicates a general pattern of stability in the mid-teens percentage range until the second half of 2022, where a decline is observed, reaching a low point at the end of 2024.
The average ROA for EPAM Systems Inc over the period analyzed is approximately 11.66%, suggesting that, on average, the company generates about $0.1166 in net income for every dollar of assets it possesses. It is important to note that a higher ROA indicates that the company is more efficient in generating profits from its assets.
The declining trend in ROA towards the end of the period may indicate potential issues with asset utilization or profitability that may need further investigation. It would be beneficial for stakeholders and investors to closely monitor EPAM Systems Inc's financial performance and assess the company's strategies to address the declining ROA in order to ensure sustained profitability and efficiency in asset utilization.
Peer comparison
Dec 31, 2024