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). Explore EPAM Systems Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see EPAM Systems Inc cash conversion from operations.
Annual Free Cash Flow Generation for EPAM Systems Inc (2009–2025)
Year-by-year Free Cash Flow Generation Index for EPAM Systems Inc. Check EPAM Systems Inc (EPAM) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |