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). Read EPAM Systems Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
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 how much does EPAM Systems Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
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 market value of EPAM Systems Inc.
| 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 | — |