Last 7 days
2.2%
Last 30 days
8.6%
Last 90 days
15.8%
Trailing 12 Months
-27.2%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-17 | Segert Robert E. | gifted | - | - | 13,744 | - |
2023-08-17 | Segert Robert E. | gifted | - | - | -13,744 | - |
2023-08-08 | Roman Eugene | sold | -368,507 | 237 | -1,552 | - |
2023-06-28 | McMahon Chandra | acquired | - | - | 1,335 | - |
2023-06-05 | Robb Karl | acquired | - | - | 872 | - |
2023-06-02 | Roman Eugene | sold (taxes) | -25,278 | 257 | -98.00 | - |
2023-06-02 | Shan Helen L. | acquired | - | - | 872 | - |
2023-06-02 | Roman Eugene | acquired | - | - | 876 | - |
2023-06-02 | Smart Jill | acquired | - | - | 876 | - |
2023-06-02 | Segert Robert E. | acquired | - | - | 872 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 63.43 | 3,662,000 | 19,689,000 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -10.17 | -5,729 | 11,912 | -% |
2023-09-07 | JAG CAPITAL MANAGEMENT, LLC | sold off | -100 | -3,663,050 | - | -% |
2023-09-05 | Covenant Partners, LLC | sold off | -100 | -494,546 | - | -% |
2023-08-24 | Alberta Investment Management Corp | added | 42.01 | 316,884 | 5,015,070 | 0.05% |
2023-08-24 | ProVise Management Group, LLC | added | 27.46 | -24,257 | 554,009 | 0.05% |
2023-08-23 | WOLVERINE TRADING, LLC | new | - | 283,334 | 283,334 | -% |
2023-08-22 | COMERICA BANK | new | - | 4,000 | 4,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -15.27 | -1,723,120 | 3,042,490 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.11 | -7,477,470 | 20,829,200 | 0.03% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | alliancebernstein l.p. | 6.1% | 3,489,287 | SC 13G | |
Feb 13, 2023 | capital research global investors | 11.9% | 6,840,778 | SC 13G/A | |
Feb 10, 2023 | wcm investment management, llc | 5.9% | 3,414,098 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.29% | 6,493,769 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 7.0% | 4,005,541 | SC 13G/A | |
Apr 08, 2022 | capital research global investors | 11.5% | 6,534,789 | SC 13G | |
Apr 07, 2022 | morgan stanley | 0.7% | 374,858 | SC 13G/A | |
Feb 11, 2022 | morgan stanley | 7.3% | 4,150,272 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 8.2% | 4,644,619 | SC 13G/A | |
Jan 10, 2022 | vanguard group inc | 10.79% | 6,119,526 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 21, 2023 | 4 | Insider Trading | |
Aug 08, 2023 | 4 | Insider Trading | |
Aug 08, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 03, 2023 | 8-K | Current Report | |
Aug 03, 2023 | 10-Q | Quarterly Report | |
Jul 05, 2023 | 8-K | Current Report | |
Jun 30, 2023 | 4 | Insider Trading | |
Jun 30, 2023 | 3 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 98.9B | 18.0B | -5.15% | 5.33% | 28.99 | 5.49 | 9.18% | 15.70% |
FISV | 70.1B | 18.5B | -3.11% | 14.36% | 27.94 | 3.8 | 8.49% | 23.72% |
CTSH | 35.2B | 19.4B | -0.47% | 19.55% | 16.06 | 1.82 | 0.73% | -2.96% |
SQ | 27.7B | 19.7B | -18.39% | -18.98% | -102.3 | 1.4 | 20.89% | 45.06% |
VRSN | 20.8B | 1.5B | -2.33% | 15.68% | 29.12 | 14.21 | 6.49% | -12.09% |
MID-CAP | ||||||||
CACI | 7.1B | 6.7B | -4.13% | 14.92% | 18.48 | 1.06 | 8.05% | 4.89% |
SAIC | 5.6B | 7.7B | -10.52% | 18.06% | 11.19 | 0.73 | 2.42% | 91.92% |
DXC | 5.5B | 14.2B | - | -14.05% | 7.64 | 0.37 | -10.50% | -216.97% |
SMALL-CAP | ||||||||
FSLY | 2.4B | 468.2M | -16.74% | 117.64% | -14.24 | 5.03 | 20.26% | 14.89% |
CSGS | 1.6B | 1.1B | -6.03% | -4.54% | 23.13 | 1.42 | 7.84% | 61.27% |
SABR | 1.5B | 2.8B | -9.49% | -17.34% | -2.87 | 0.54 | 27.04% | 7.76% |
UIS | 265.7M | 2.0B | -13.21% | -58.23% | -2.51 | 0.13 | 1.13% | -9.87% |
INOD | 228.7M | 76.3M | -40.54% | 181.53% | -28.07 | 3 | -2.06% | 4.76% |
TCX | 210.4M | 322.4M | -14.60% | -51.11% | -2.94 | 0.65 | -0.06% | -960.96% |
BCOV | 144.2K | 203.2M | -11.84% | -47.90% | -0.01 | 7e-4 | -4.42% | -884.97% |
22.5%
21.7%
14.0%
-6.4%
69.6%
51.9%
28.5%
Y-axis is the maximum loss one would have experienced if EPAM Systems was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -0.5% | 4,839 | 4,864 | 4,825 | 4,701 | 4,462 | 4,149 | 3,758 | 3,374 | 3,038 | 2,789 | 2,659 | 2,569 | 2,505 | 2,424 | 2,294 | 2,166 | 2,046 | 1,940 | 1,843 | 1,737 | 1,647 |
Cost Of Revenue | -1.1% | 3,324 | 3,362 | 3,287 | 3,181 | 3,008 | 2,745 | 2,484 | 2,222 | 1,992 | 1,828 | 1,733 | 1,677 | 1,631 | 1,567 | 1,488 | 1,397 | 1,321 | 1,254 | 1,187 | 1,122 | 1,060 |
S&GA Expenses | -4.5% | 809 | 847 | 873 | 859 | 830 | 750 | 649 | 587 | 534 | 496 | 485 | 481 | 483 | 481 | 457 | 430 | 404 | 386 | 374 | 362 | 350 |
EBITDA | -100.0% | - | 621 | 601 | - | 503 | 615 | 617 | - | - | 463 | 442 | 421 | 392 | 383 | 346 | 337 | 321 | 306 | - | - | - |
EBITDA Margin | -100.0% | - | 0.13* | 0.12* | - | -1.14* | 0.15* | 0.16* | - | - | 0.17* | 0.17* | 0.16* | 0.16* | 0.16* | 0.15* | 0.16* | 0.16* | 0.16* | - | - | - |
Interest Expenses | - | - | - | 2.00 | - | - | - | 0.00 | - | - | - | 0.00 | - | - | - | 1.00 | - | - | - | 1.00 | - | - |
Earnings Before Taxes | 26.8% | 670 | 528 | 507 | 466 | 410 | 525 | 533 | 475 | 444 | 397 | 378 | 361 | 337 | 332 | 300 | 293 | 280 | 266 | 250 | 223 | 208 |
EBT Margin | -100.0% | - | 0.11* | 0.11* | 0.10* | -0.93* | 0.13* | 0.14* | 0.14* | 0.15* | 0.14* | 0.14* | 0.14* | 0.13* | 0.14* | 0.13* | - | - | - | - | - | - |
Net Income | 23.5% | 533 | 432 | 419 | 407 | 366 | 462 | 482 | 425 | 399 | 351 | 327 | 316 | 294 | 286 | 261 | 246 | 245 | 237 | 240 | 149 | 126 |
Net Income Margin | -100.0% | - | 0.09* | 0.09* | 0.09* | -0.83* | 0.11* | 0.13* | 0.13* | 0.13* | 0.13* | 0.12* | 0.12* | 0.12* | 0.12* | 0.11* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 537 | 382 | 446 | 397 | 384 | 461 | 374 | 355 | 443 | 476 | 412 | 338 | 236 | 188 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.5% | 4,094 | 4,071 | 4,009 | 3,736 | 3,564 | 3,508 | 3,523 | 3,242 | 2,962 | 2,781 | 2,721 | 2,555 | 2,389 | 2,312 | 2,244 | 2,040 | 1,931 | 1,831 | 1,612 | 1,504 | 1,392 |
Current Assets | 1.5% | 2,872 | 2,831 | 2,760 | 2,528 | 2,360 | 2,267 | 2,269 | 2,092 | 2,038 | 2,005 | 1,913 | 1,752 | 1,598 | 1,508 | 1,474 | 1,365 | 1,286 | 1,245 | 1,199 | 1,129 | 1,025 |
Cash Equivalents | 1.6% | 1,777 | 1,749 | 1,681 | 1,488 | 1,296 | 1,308 | 1,449 | 1,426 | 1,285 | 1,374 | 1,322 | 1,162 | 995 | 917 | 938 | 854 | 779 | 764 | 772 | 686 | 585 |
Net PPE | -4.2% | 256 | 267 | 273 | 210 | 211 | 220 | 236 | 177 | 174 | 165 | 170 | 164 | 167 | 165 | 165 | 115 | 111 | 106 | 103 | 99.00 | 98.00 |
Goodwill | 0.1% | 534 | 534 | 529 | 506 | 521 | 534 | 531 | 387 | 335 | 125 | 212 | 208 | 199 | 199 | 195 | 186 | 179 | 168 | 167 | 145 | - |
Liabilities | -11.7% | 830 | 941 | 1,006 | 977 | 940 | 954 | 1,027 | 903 | 749 | 717 | 738 | 695 | 636 | 664 | 648 | 548 | 509 | 493 | 349 | 308 | 279 |
Current Liabilities | -14.5% | 584 | 683 | 747 | 728 | 685 | 683 | 763 | 633 | 523 | 464 | 466 | 415 | 366 | 389 | 387 | 311 | 273 | 283 | 263 | 221 | 181 |
Short Term Borrowings | - | - | - | 3.00 | 8.00 | 7.00 | 10.00 | 16.00 | - | 25.00 | - | - | - | - | - | - | - | - | - | - | - | - |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | 25.00 | - | - | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 |
LT Debt, Non Current | -8.5% | 26.00 | 28.00 | 28.00 | 28.00 | 30.00 | 31.00 | 30.00 | 25.00 | 0.00 | 25.00 | 25.00 | 25.00 | 25.00 | - | 25.00 | - | - | - | - | - | - |
Shareholder's Equity | 4.2% | 3,263 | 3,130 | 3,002 | 2,757 | 2,624 | 2,554 | 2,496 | 2,339 | 2,213 | 2,064 | 1,983 | 1,860 | 1,753 | 1,647 | 1,596 | 1,492 | 1,422 | 1,338 | 1,263 | 1,196 | 1,113 |
Additional Paid-In Capital | 5.7% | 914 | 864 | 848 | 802 | 761 | 719 | 712 | 694 | 670 | 648 | 661 | 649 | 631 | 611 | 607 | 590 | 575 | 554 | 545 | 531 | 511 |
Shares Outstanding | 0.2% | 58.00 | 58.00 | 58.00 | 58.00 | 57.00 | 57.00 | 57.00 | 57.00 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 55.00 | 55.00 | 55.00 | 55.00 | 54.00 | 54.00 | 54.00 | 54.00 |
Minority Interest | -60.8% | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 9.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 1.9% | 615 | 603 | 464 | 563 | 516 | 508 | 572 | 447 | 417 | 494 | 544 | 510 | 453 | 351 | 287 | 286 | 269 | 285 | 292 | 240 | 200 |
Share Based Compensation | 4.0% | 137 | 131 | 100 | 102 | 98.00 | 94.00 | 112 | 98.00 | 92.00 | 88.00 | 75.00 | 74.00 | 66.00 | 62.00 | 72.00 | 65.00 | 65.00 | 64.00 | 59.00 | 59.00 | 55.00 |
Cashflow From Investing | 42.6% | -95.35 | -166 | -182 | -362 | -394 | -451 | -368 | -176 | -130 | -59.21 | -167 | -207 | -231 | -186 | -145 | -121 | -91.25 | -70.52 | -112 | -89.86 | -86.84 |
Cashflow From Financing | -600.9% | -54.22 | -7.73 | -2.02 | -55.12 | -51.19 | -70.49 | -59.56 | -14.18 | -13.11 | 3.00 | -0.76 | 6.00 | 6.00 | 8.00 | 20.00 | 15.00 | 20.00 | 29.00 | 23.00 | 30.00 | 27.00 |
Buy Backs | 486.9% | 100 | 17.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Revenues | $ 1,170,206 | $ 1,194,861 | $ 2,381,147 | $ 2,366,475 |
Operating expenses: | ||||
Cost of revenues (exclusive of depreciation and amortization) | 808,715 | 846,323 | 1,664,616 | 1,627,159 |
Selling, general and administrative expenses | 194,377 | 232,527 | 406,264 | 469,804 |
Depreciation and amortization expense | 22,768 | 22,991 | 45,550 | 47,250 |
Income from operations | 144,346 | 93,020 | 264,717 | 222,262 |
Interest and other income, net | 11,710 | 1,579 | 23,231 | 1,414 |
Foreign exchange loss | (6,010) | (85,941) | (10,618) | (108,726) |
Income before provision for income taxes | 150,046 | 8,658 | 277,330 | 114,950 |
Provision for/(benefit from) income taxes | 30,013 | (9,946) | 55,005 | 6,627 |
Net income | $ 120,033 | $ 18,604 | $ 222,325 | $ 108,323 |
Net income per share: | ||||
Basic (in usd per share) | $ 2.07 | $ 0.33 | $ 3.84 | $ 1.90 |
Diluted (in usd per share) | $ 2.03 | $ 0.32 | $ 3.75 | $ 1.84 |
Shares used in calculation of net income per share: | ||||
Basic (in shares) | 57,993 | 57,240 | 57,848 | 57,078 |
Diluted (in shares) | 59,181 | 59,020 | 59,240 | 58,981 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 1,776,919 | $ 1,681,344 |
Trade receivables and contract assets, net of allowance of $14,744 and $15,310, respectively | 917,536 | 932,626 |
Short-term investments | 71,376 | 60,336 |
Prepaid and other current assets | 106,143 | 85,319 |
Total current assets | 2,871,974 | 2,759,625 |
Property and equipment, net | 255,772 | 273,348 |
Operating lease right-of-use assets, net | 145,844 | 148,780 |
Intangible assets, net | 68,132 | 77,652 |
Goodwill | 534,489 | 529,072 |
Deferred tax assets | 164,471 | 172,797 |
Other noncurrent assets | 53,015 | 47,877 |
Total assets | 4,093,697 | 4,009,151 |
Current liabilities | ||
Accounts payable | 27,289 | 30,852 |
Accrued compensation and benefits expenses | 359,299 | 475,871 |
Accrued expenses and other current liabilities | 127,710 | 154,339 |
Income taxes payable, current | 30,766 | 46,069 |
Operating lease liabilities, current | 39,001 | 40,352 |
Total current liabilities | 584,065 | 747,483 |
Long-term debt | 25,854 | 27,693 |
Operating lease liabilities, noncurrent | 115,987 | 122,317 |
Other noncurrent liabilities | 104,451 | 108,648 |
Total liabilities | 830,357 | 1,006,141 |
Commitments and contingencies (Note 13) | ||
Stockholders’ equity | ||
Common stock, $0.001 par value; 160,000 shares authorized; 57,968 and 57,668 shares issued, 57,955 and 57,655 shares outstanding at June 30, 2023 and December 31, 2022, respectively | 58 | 58 |
Additional paid-in capital | 913,580 | 847,965 |
Retained earnings | 2,421,326 | 2,248,948 |
Treasury stock | (118) | (118) |
Accumulated other comprehensive loss | (72,085) | (95,321) |
Total EPAM Systems Inc. stockholders’ equity | 3,262,761 | 3,001,532 |
Noncontrolling interest in consolidated subsidiaries | 579 | 1,478 |
Total equity | 3,263,340 | 3,003,010 |
Total liabilities and equity | $ 4,093,697 | $ 4,009,151 |