EPAM Systems Inc (EPAM) — Free Cash Flow Generation Index
EPAM Systems Inc (EPAM) has a Free Cash Flow Generation Index of 0.95x as of December 2025. Free cash flow of $268.11 Million represents 1% of operating cash flow ($282.89 Million). See how liquid is EPAM Systems Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
EPAM Systems Inc Free Cash Flow Generation Index (2009–2025)
Historical FCF Generation Index trend for EPAM Systems Inc across 17 annual periods. Explore EPAM operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for EPAM Systems Inc (2009–2025)
Year-by-year Free Cash Flow Generation Index for EPAM Systems Inc. For the full company profile including market capitalisation, see EPAM Systems Inc market cap and net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.94x | $612.69 Million | $654.93 Million | $42.24 Million | ▼ -0.7% |
| 2024 | 0.94x | $527.02 Million | $559.17 Million | $32.15 Million | ▼ -0.7% |
| 2023 | 0.95x | $534.22 Million | $562.63 Million | $28.41 Million | ▲ +15.2% |
| 2022 | 0.82x | $382.48 Million | $464.10 Million | $81.63 Million | ▲ +2.4% |
| 2021 | 0.81x | $460.83 Million | $572.33 Million | $111.50 Million | ▼ -7.8% |
| 2020 | 0.87x | $475.61 Million | $544.41 Million | $68.79 Million | ▲ +33.5% |
| 2019 | 0.65x | $188.15 Million | $287.45 Million | $99.31 Million | ▼ -24.9% |
| 2018 | 0.87x | $254.64 Million | $292.22 Million | $37.57 Million | ▲ +2.8% |
| 2017 | 0.85x | $165.56 Million | $195.36 Million | $29.81 Million | ▲ +3.1% |
| 2016 | 0.82x | $135.50 Million | $164.82 Million | $29.32 Million | ▲ +7.5% |
| 2015 | 0.76x | $58.43 Million | $76.39 Million | $17.96 Million | ▼ -9.9% |
| 2014 | 0.85x | $89.03 Million | $104.87 Million | $15.84 Million | ▲ +16.8% |
| 2013 | 0.73x | $42.30 Million | $58.23 Million | $15.92 Million | ▲ +64.5% |
| 2012 | 0.44x | $21.42 Million | $48.50 Million | $27.08 Million | ▼ -35.7% |
| 2011 | 0.69x | $37.43 Million | $54.52 Million | $17.09 Million | ▲ +16.1% |
| 2010 | 0.59x | $12.11 Million | $20.47 Million | $8.37 Million | ▼ -38.4% |
| 2009 | 0.96x | $25.06 Million | $26.11 Million | $1.05 Million | — |