EPAM Historical Income Statement
| EPAM Stock | USD 254.81 4.35 1.68% |
Historical analysis of EPAM Systems income statement accounts such as Selling General Administrative of 846.3 M or Total Revenue of 4.9 B can show how well EPAM Systems performed in making a profits. Evaluating EPAM Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EPAM Systems's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining EPAM Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EPAM Systems is a good buy for the upcoming year.
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About EPAM Income Statement Analysis
EPAM Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EPAM Systems shareholders. The income statement also shows EPAM investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
EPAM Systems Income Statement Chart
EPAM Systems Income Statement is one of the three primary financial statements used for reporting EPAM's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of EPAM Systems revenue and expense. EPAM Systems Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, EPAM Systems' EBIT is very stable compared to the past year. As of the 16th of April 2024, EBITDA is likely to grow to about 649.9 M, while Net Income From Continuing Ops is likely to drop about 242.6 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts EPAM Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of EPAM Systems minus its cost of goods sold. It is profit before EPAM Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EPAM Systems. It is also known as EPAM Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from EPAM Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EPAM Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EPAM Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.At this time, EPAM Systems' EBIT is very stable compared to the past year. As of the 16th of April 2024, EBITDA is likely to grow to about 649.9 M, while Net Income From Continuing Ops is likely to drop about 242.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.5B | 1.3B | 1.4B | Total Revenue | 3.8B | 4.8B | 4.7B | 4.9B |
EPAM Systems income statement Correlations
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EPAM Systems Account Relationship Matchups
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EPAM Systems income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 57.4M | 67.5M | 90.6M | 168.0M | 91.8M | 47.2M | |
| Interest Expense | 15.4M | 5.5M | 1.7M | 10.0M | 11.5M | 12.1M | |
| Selling General Administrative | 457.4M | 484.8M | 648.7M | 872.8M | 806.0M | 846.3M | |
| Total Revenue | 2.3B | 2.7B | 3.8B | 4.8B | 4.7B | 4.9B | |
| Gross Profit | 805.6M | 927.0M | 1.3B | 1.5B | 1.3B | 1.4B | |
| Other Operating Expenses | 2.0B | 2.3B | 3.2B | 4.3B | 4.2B | 4.4B | |
| Operating Income | 302.9M | 379.3M | 542.3M | 573.0M | 527.2M | 553.5M | |
| Ebit | 302.9M | 379.3M | 542.3M | 573.0M | 527.2M | 553.5M | |
| Ebitda | 360.2M | 446.9M | 632.9M | 741.0M | 619.0M | 649.9M | |
| Cost Of Revenue | 1.5B | 1.7B | 2.5B | 3.3B | 3.3B | 3.5B | |
| Total Operating Expenses | 502.8M | 547.6M | 732.1M | 965.0M | 815.1M | 855.8M | |
| Income Before Tax | 299.5M | 378.5M | 533.4M | 507.3M | 536.6M | 563.4M | |
| Total Other Income Expense Net | (3.3M) | (845K) | (8.9M) | (65.7M) | 9.4M | 9.9M | |
| Net Income Applicable To Common Shares | 261.1M | 327.2M | 481.7M | 419.4M | 482.3M | 506.4M | |
| Net Income | 261.1M | 327.2M | 481.7M | 419.4M | 417.1M | 437.9M | |
| Income Tax Expense | 38.5M | 51.3M | 51.7M | 87.8M | 119.5M | 125.5M | |
| Net Income From Continuing Ops | 261.1M | 327.2M | 481.7M | 419.4M | 474.6M | 242.6M | |
| Non Operating Income Net Other | (3.3M) | (845K) | (8.9M) | (65.7M) | (59.1M) | (56.2M) | |
| Tax Provision | 38.5M | 51.3M | 51.7M | 87.8M | 135.8M | 142.6M | |
| Interest Income | 4.0M | 3.3M | 3.8M | 10.0M | 51.1M | 53.7M | |
| Net Interest Income | 8.7M | 3.8M | (1.7M) | 10.0M | 41.5M | 43.6M | |
| Reconciled Depreciation | 101.2M | 129.2M | 83.4M | 92.3M | 133.1M | 95.0M |
EPAM Systems Investors Sentiment
The influence of EPAM Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in EPAM. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to EPAM Systems' public news can be used to forecast risks associated with an investment in EPAM. The trend in average sentiment can be used to explain how an investor holding EPAM can time the market purely based on public headlines and social activities around EPAM Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
EPAM Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for EPAM Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average EPAM Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on EPAM Systems.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EPAM Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EPAM Systems' short interest history, or implied volatility extrapolated from EPAM Systems options trading.
Pair Trading with EPAM Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EPAM Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EPAM Systems will appreciate offsetting losses from the drop in the long position's value.Moving against EPAM Stock
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The ability to find closely correlated positions to EPAM Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EPAM Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EPAM Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EPAM Systems to buy it.
The correlation of EPAM Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EPAM Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EPAM Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EPAM Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EPAM Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.Note that the EPAM Systems information on this page should be used as a complementary analysis to other EPAM Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for EPAM Stock analysis
When running EPAM Systems' price analysis, check to measure EPAM Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EPAM Systems is operating at the current time. Most of EPAM Systems' value examination focuses on studying past and present price action to predict the probability of EPAM Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EPAM Systems' price. Additionally, you may evaluate how the addition of EPAM Systems to your portfolios can decrease your overall portfolio volatility.
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Is EPAM Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EPAM Systems. If investors know EPAM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EPAM Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Earnings Share 7.06 | Revenue Per Share 81.111 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0874 |
The market value of EPAM Systems is measured differently than its book value, which is the value of EPAM that is recorded on the company's balance sheet. Investors also form their own opinion of EPAM Systems' value that differs from its market value or its book value, called intrinsic value, which is EPAM Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EPAM Systems' market value can be influenced by many factors that don't directly affect EPAM Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EPAM Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if EPAM Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EPAM Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.