EPAM SYSTEMS, INC. (EPAM) Return on equity 2016–2025
EPAM SYSTEMS, INC. (EPAM) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
10.3%FY2025 · since FY2016: 12.7% → 10.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 10.3% | -2.3 pp |
| FY2024 | 12.5% | +0.5 pp |
| FY2023 | 12.0% | -2.0 pp |
| FY2022 | 14.0% | -5.4 pp |
| FY2021 | 19.4% | +2.9 pp |
| FY2020 | 16.5% | +0.1 pp |
| FY2019 | 16.4% | -2.7 pp |
| FY2018 | 19.0% | +11.6 pp |
| FY2017 | 7.5% | -5.2 pp |
| FY2016 | 12.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice