EPAM Systems Future Growth
Future criteria checks 2/6
EPAM Systems is forecast to grow earnings and revenue by 13.5% and 9.5% per annum respectively. EPS is expected to grow by 12.8% per annum. Return on equity is forecast to be 15.4% in 3 years.
Key information
13.5%
Earnings growth rate
12.8%
EPS growth rate
| IT earnings growth | 17.0% |
| Revenue growth rate | 9.5% |
| Future return on equity | 15.4% |
| Analyst coverage | Good |
| Last updated | 22 Apr 2024 |
Recent future growth updates
Recent updates
EPAM Systems: Cash-Rich Service Business With AI Tailwinds
Apr 18Estimating The Fair Value Of EPAM Systems, Inc. (NYSE:EPAM)
Mar 28
Does EPAM Systems (NYSE:EPAM) Have A Healthy Balance Sheet?
Mar 15EPAM Systems, Inc.'s (NYSE:EPAM) Share Price Not Quite Adding Up
Feb 04EPAM Systems Faces Declining Revenue And Reduced Employee Utilization
Jan 30Here's What To Make Of EPAM Systems' (NYSE:EPAM) Decelerating Rates Of Return
Jan 19Calculating The Fair Value Of EPAM Systems, Inc. (NYSE:EPAM)
Dec 19Is Now The Time To Look At Buying EPAM Systems, Inc. (NYSE:EPAM)?
Dec 04EPAM Q3 Results: Showing Signs Of Life
Nov 15EPAM Systems (NYSE:EPAM) Has A Rock Solid Balance Sheet
Nov 03Returns On Capital At EPAM Systems (NYSE:EPAM) Have Stalled
Oct 19Calculating The Intrinsic Value Of EPAM Systems, Inc. (NYSE:EPAM)
Sep 17EPAM Systems: Navigating Digital Transformation, But Is It Time To Wait For A Better Deal?
Sep 13Why EPAM Systems, Inc. (NYSE:EPAM) Could Be Worth Watching
Aug 21White Falcon Capital - EPAM Systems: Back To Compound Growth In A Few Quarters
Jul 23Returns On Capital At EPAM Systems (NYSE:EPAM) Have Hit The Brakes
Jul 19EPAM Systems: AI Could Have A Negative Long-Term Impact On IT Services
Jul 17Does EPAM Systems (NYSE:EPAM) Have A Healthy Balance Sheet?
Jul 04EPAM Stock: Does The Price Make It Interesting?
Jun 28Calculating The Intrinsic Value Of EPAM Systems, Inc. (NYSE:EPAM)
Jun 19EPAM Systems Stock Plunges On A Dour Forecast
Jun 06Should You Think About Buying EPAM Systems, Inc. (NYSE:EPAM) Now?
May 19Returns on Capital Paint A Bright Future For EPAM Systems (NYSE:EPAM)
Apr 17Is EPAM Systems (NYSE:EPAM) A Risky Investment?
Apr 04Estimating The Fair Value Of EPAM Systems, Inc. (NYSE:EPAM)
Mar 20Is Now The Time To Look At Buying EPAM Systems, Inc. (NYSE:EPAM)?
Feb 06EPAM Systems (NYSE:EPAM) Is Investing Its Capital With Increasing Efficiency
Jan 11Is EPAM Systems (NYSE:EPAM) A Risky Investment?
Dec 28Calculating The Fair Value Of EPAM Systems, Inc. (NYSE:EPAM)
Dec 15EPAM Systems: Factoring In A Slowdown
Nov 08EPAM Systems Q3 2022 Earnings Preview
Nov 02At US$349, Is It Time To Put EPAM Systems, Inc. (NYSE:EPAM) On Your Watch List?
Oct 30EPAM Systems (NYSE:EPAM) Is Very Good At Capital Allocation
Oct 03Is EPAM Systems (NYSE:EPAM) Using Too Much Debt?
Sep 19Calculating The Fair Value Of EPAM Systems, Inc. (NYSE:EPAM)
Sep 04EPAM Systems: Resilient In The Face Of Invasion
Aug 19EPAM Systems: Now It Is Not The Time
Aug 13EPAM Systems Non-GAAP EPS of $2.38 beats by $0.67, revenue of $1.2B beats by $80M
Aug 04Is There Now An Opportunity In EPAM Systems, Inc. (NYSE:EPAM)?
Jul 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,407 | 649 | 795 | 909 | 11 |
| 12/31/2025 | 5,512 | 539 | 713 | 825 | 22 |
| 12/31/2024 | 4,832 | 438 | 612 | 687 | 22 |
| 12/31/2023 | 4,691 | 417 | 534 | 563 | N/A |
| 9/30/2023 | 4,765 | 475 | 537 | 577 | N/A |
| 6/30/2023 | 4,839 | 533 | 560 | 615 | N/A |
| 3/31/2023 | 4,864 | 432 | 537 | 603 | N/A |
| 12/31/2022 | 4,825 | 419 | 382 | 464 | N/A |
| 9/30/2022 | 4,701 | 407 | 446 | 563 | N/A |
| 6/30/2022 | 4,462 | 366 | 397 | 516 | N/A |
| 3/31/2022 | 4,149 | 462 | 384 | 508 | N/A |
| 12/31/2021 | 3,758 | 482 | 461 | 572 | N/A |
| 9/30/2021 | 3,374 | 425 | 374 | 447 | N/A |
| 6/30/2021 | 3,038 | 399 | 355 | 417 | N/A |
| 3/31/2021 | 2,789 | 351 | 443 | 494 | N/A |
| 12/31/2020 | 2,659 | 327 | 476 | 544 | N/A |
| 9/30/2020 | 2,569 | 316 | 412 | 510 | N/A |
| 6/30/2020 | 2,505 | 294 | 338 | 453 | N/A |
| 3/31/2020 | 2,424 | 286 | 236 | 351 | N/A |
| 12/31/2019 | 2,294 | 261 | 188 | 287 | N/A |
| 9/30/2019 | 2,166 | 246 | 224 | 286 | N/A |
| 6/30/2019 | 2,046 | 245 | 226 | 269 | N/A |
| 3/31/2019 | 1,940 | 237 | 244 | 285 | N/A |
| 12/31/2018 | 1,843 | 240 | 255 | 292 | N/A |
| 9/30/2018 | 1,737 | 149 | 200 | 240 | N/A |
| 6/30/2018 | 1,647 | 126 | 163 | 200 | N/A |
| 3/31/2018 | 1,550 | 114 | 136 | 171 | N/A |
| 12/31/2017 | 1,450 | 73 | 163 | 193 | N/A |
| 9/30/2017 | 1,365 | 128 | N/A | 175 | N/A |
| 6/30/2017 | 1,285 | 112 | N/A | 175 | N/A |
| 3/31/2017 | 1,220 | 99 | N/A | 183 | N/A |
| 12/31/2016 | 1,160 | 99 | N/A | 167 | N/A |
| 9/30/2016 | 1,107 | 102 | N/A | 123 | N/A |
| 6/30/2016 | 1,045 | 99 | N/A | 117 | N/A |
| 3/31/2016 | 979 | 94 | N/A | 80 | N/A |
| 12/31/2015 | 914 | 84 | N/A | 76 | N/A |
| 9/30/2015 | 856 | 75 | N/A | 113 | N/A |
| 6/30/2015 | 813 | 71 | N/A | 81 | N/A |
| 3/31/2015 | 770 | 67 | N/A | 96 | N/A |
| 12/31/2014 | 730 | 70 | N/A | 105 | N/A |
| 9/30/2014 | 685 | 70 | N/A | 103 | N/A |
| 6/30/2014 | 633 | 67 | N/A | 95 | N/A |
| 3/31/2014 | 591 | 67 | N/A | 86 | N/A |
| 12/31/2013 | 555 | 62 | N/A | 58 | N/A |
| 9/30/2013 | 523 | 58 | N/A | 48 | N/A |
| 6/30/2013 | 493 | 56 | N/A | 43 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EPAM's forecast earnings growth (13.5% per year) is above the savings rate (2.3%).
Earnings vs Market: EPAM's earnings (13.5% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: EPAM's earnings are forecast to grow, but not significantly.
Revenue vs Market: EPAM's revenue (9.5% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: EPAM's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EPAM's Return on Equity is forecast to be low in 3 years time (15.4%).