EPAM Systems Inc Free Cash Flow Generation Index

Latest as of December 2025: 0.95x

EPAM Systems Inc 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).

FCF Generation Index

0.95x
Free Cash Flow / Operating CF

Free Cash Flow

$268.11 Million
USD

Operating Cash Flow

$282.89 Million
USD

Capital Expenditures

$14.78 Million
USD

Free Cash Flow Generation Index of EPAM Systems Inc (2009–2025)

Free cash flow generation index of EPAM Systems Inc from 2009 to 2025. Historical FCF Generation Index trend for EPAM Systems Inc across 17 annual periods. See EPAM financial flexibility score to measure the company's free cash flow as a share of total liabilities.

EPAM Systems Inc Free Cash Flow Generation Index by Year (2009–2025)

EPAM Systems Inc free cash flow generation index by year from 2009 to 2025. Year-by-year Free Cash Flow Generation Index for EPAM Systems Inc. For the full cash flow conversion analysis, see EPAM Systems Inc (EPAM) cash conversion ratio.

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 —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).