EPAM Systems Inc (EPAM) Files 10-K for the Fiscal Year Ended on December 31, 2018

EPAM Systems Inc (EPAM, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. EPAM Systems Inc is a provider of software engineering solutions and information technology services to clients in different locations. Its services include software development, application maintenance & support, application testing, & licensing. EPAM Systems Inc has a market cap of $8.64 billion; its shares were traded at around $159.68 with a P/E ratio of 37.68 and P/S ratio of 5.16. EPAM Systems Inc had annual average EBITDA growth of 15.80% over the past five years.

For the last quarter EPAM Systems Inc reported a revenue of $504.9 million, compared with the revenue of $399.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.8 billion, an increase of 27.1% from last year. For the last five years EPAM Systems Inc had an average revenue growth rate of 26.8% a year.

The reported diluted earnings per share was $4.24 for the year, an increase of 221.2% from previous year. Over the last five years EPAM Systems Inc had an EPS growth rate of 18.6% a year. The EPAM Systems Inc had a decent operating margin of 13.34%, compared with the operating margin of 11.92% a year before. The 10-year historical median operating margin of EPAM Systems Inc is 12.11%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, EPAM Systems Inc has the cash and cash equivalents of $770.6 million, compared with $582.6 million in the previous year. The long term debt was $25.0 million, compared with $25.0 million in the previous year. EPAM Systems Inc has a financial strength rank of 9 (out of 10).

At the current stock price of $159.68, EPAM Systems Inc is traded at 52.2% premium to its historical median P/S valuation band of $104.93. The P/S ratio of the stock is 5.16, while the historical median P/S ratio is 3.41. The stock gained 37.31% during the past 12 months.

Directors and Officers Recent Trades:

  • SVP/Co-Head of Global Business Boris Shnayder sold 15,000 shares of EPAM stock on 02/25/2019 at the average price of $159.9. The price of the stock has decreased by 0.14% since.

For the complete 20-year historical financial data of EPAM, click here.