EPAM Income Before Tax from 2010 to 2024

EPAM Stock  USD 245.79  2.88  1.16%   
EPAM Systems Income Before Tax yearly trend continues to be very stable with very little volatility. Income Before Tax is likely to grow to about 563.4 M this year. During the period from 2010 to 2024, EPAM Systems Income Before Tax quarterly data regression pattern had sample variance of 40884.3 T and median of  174,305,000. View All Fundamentals
 
Income Before Tax  
First Reported
2009-12-31
Previous Quarter
133.8 M
Current Value
189.6 M
Quarterly Volatility
53.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EPAM Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EPAM Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 139.3 M, Interest Expense of 2.6 M or Selling General Administrative of 846.3 M, as well as many indicators such as Price To Sales Ratio of 2.98, Dividend Yield of 0.0 or PTB Ratio of 5.19. EPAM financial statements analysis is a perfect complement when working with EPAM Systems Valuation or Volatility modules.
  
Check out the analysis of EPAM Systems Correlation against competitors.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.

Latest EPAM Systems' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of EPAM Systems over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on EPAM Systems income statement and is an important metric when analyzing EPAM Systems profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is EPAM Systems' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EPAM Systems' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

EPAM Income Before Tax Regression Statistics

Arithmetic Mean251,470,217
Geometric Mean164,889,602
Coefficient Of Variation80.41
Mean Deviation174,644,393
Median174,305,000
Standard Deviation202,198,654
Sample Variance40884.3T
Range549M
R-Value0.96
Mean Square Error3379.6T
R-Squared0.92
Slope43,443,103
Total Sum of Squares572380.1T

EPAM Income Before Tax History

2024563.4 M
2023536.6 M
2022507.3 M
2021533.4 M
2020378.5 M
2019299.5 M
2018249.8 M

About EPAM Systems Financial Statements

EPAM Systems investors utilize fundamental indicators, such as Income Before Tax, to predict how EPAM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax536.6 M563.4 M

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When determining whether EPAM Systems is a strong investment it is important to analyze EPAM Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EPAM Systems' future performance. For an informed investment choice regarding EPAM Stock, refer to the following important reports:
Check out the analysis of EPAM Systems Correlation against competitors.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is IT Consulting & Other Services space 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
0.436
Earnings Share
7.69
Revenue Per Share
80.605
Quarterly Revenue Growth
0.013
Return On Assets
0.0833
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.