Everforth vs EPAM Systems
EPAM Systems reported revenue of $5.5 billion in fiscal 2025, 1.4 times Everforth's $4.0 billion in fiscal 2025. Everforth's revenue fell 2.9% in its latest year, and EPAM Systems' grew 15.4%. Everforth had an operating margin of 5.8%, against 9.5% at EPAM Systems. Free cash flow was $288 million at Everforth and $613 million at EPAM Systems.
Side by side
| Everforth | EPAM Systems | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $4.0B | $5.5B |
| Revenue growth | −2.9% | 15.4% |
| Revenue growth a year, last 5 years | 2.6% | 15.5% |
| Gross margin | 28.9% | 28.8% |
| Operating margin | 5.8% | 9.5% |
| Net margin | 2.9% | 6.9% |
| Free cash flow | $288M | $613M |
| Free cash flow margin | 7.2% | 11.2% |
| Return on capital | 5.9% | 16.3% |
| Net debt to EBITDA | 2.9x | −2.0x |
| Dividends and buybacks | $170M | $662M |
| Change in diluted share count | −4.6% | −3.0% |
| Last close | $34.34 | $159.31 |
| P/E at the last close | 21.1× | 19.9× |
| Insider trades, last 12 months | bought $1.9 million, sold $0 | bought $7,500, sold $1.6 million |
| Piotroski F-score | 5 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
EverforthEPAM Systems
Operating margin
Percent of revenue
EverforthEPAM Systems
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
EverforthEPAM Systems
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Everforth and EPAM Systems pages.