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.