EPAM Systems Inc (EPAM)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 3,629,210 | 3,554,050 | 3,397,380 | 3,475,110 | 3,470,890 | 3,299,440 | 3,262,760 | 3,128,960 | 3,001,530 | 2,757,170 | 2,622,350 | 2,552,100 | 2,487,120 | 2,339,120 | 2,212,670 | 2,063,940 | 1,983,020 | 1,860,230 | 1,753,090 | 1,647,480 |
ROE | 12.52% | 12.63% | 12.06% | 12.40% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $454,533K ÷ $3,629,210K
= 12.52%
EPAM Systems Inc's return on equity (ROE) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE ranged from a low of 12.02% on December 31, 2023, to a high of 19.37% on December 31, 2021. The overall trend shows some variability but indicates a general stability in the company's ability to generate returns for its shareholders relative to the equity invested in the business.
The ROE peaked in December 2021 before experiencing a decline in the subsequent periods. The most recent data as of December 31, 2024, shows the ROE at 12.52%. This decline may be a result of changes in the company's financial performance, capital structure, or profitability.
Investors and analysts should monitor EPAM Systems Inc's ROE closely to assess the company's efficiency in utilizing shareholders' equity to generate profits. A sustained increase or decrease in ROE over time can provide valuable insights into the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024