CTSH vs EPAM
Cognizant Technology Solutions Corp. and Epam Systems, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CTSH | EPAM |
|---|---|---|
| Revenue | $21.1B | $5.5B |
| Net income | $2.2B | $377.7M |
| Gross margin | 33.7% | 28.8% |
| Net margin | 10.6% | 6.9% |
| Return on equity | 15.2% | 10.3% |
| Diluted EPS | $4.56 | $6.72 |
| Dividend / share | $1.24 | · |
| Payout ratio | 27.4% | · |
| Free cash flow | $2.6B | $612.7M |
| Equity | $15.0B | $3.7B |
| Net debt / equity | −0.09× | −0.35× |
| Current ratio | 2.14× | 2.59× |
| Revenue CAGR 5y | 4.9% | 15.5% |
| Profit CAGR 5y | 9.9% | 2.9% |
CTSH bills 3.9× the revenue of EPAM, and keeps more of each dollar of revenue as profit (10.6% against 6.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CTSH | EPAM |
|---|---|---|
| FY2025 | $21.1B | $5.5B |
| FY2024 | $19.7B | $4.7B |
| FY2023 | $19.4B | $4.7B |
| FY2022 | $19.4B | $4.8B |
| FY2021 | $18.5B | $3.8B |
| FY2020 | $16.7B | $2.7B |
| FY2019 | $16.8B | $2.3B |
| FY2018 | $16.1B | $1.8B |
| FY2017 | $14.8B | $1.5B |
| FY2016 | $13.5B | $1.2B |
Bottom line
| Fiscal year | CTSH | EPAM |
|---|---|---|
| FY2025 | $2.2B | $377.7M |
| FY2024 | $2.2B | $454.5M |
| FY2023 | $2.1B | $417.1M |
| FY2022 | $2.3B | $419.4M |
| FY2021 | $2.1B | $481.7M |
| FY2020 | $1.4B | $327.2M |
| FY2019 | $1.8B | $261.1M |
| FY2018 | $2.1B | $240.3M |
| FY2017 | $1.5B | $72.8M |
| FY2016 | $1.6B | $99.3M |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$15,650,944,000 | CTSH |
| FY2024 | +$15,008,060,000 | CTSH |
| FY2023 | +$14,662,460,000 | CTSH |
| FY2022 | +$14,603,302,000 | CTSH |
| FY2021 | +$14,748,856,000 | CTSH |
| FY2020 | +$13,992,522,000 | CTSH |
| FY2019 | +$14,489,202,000 | CTSH |
| FY2018 | +$14,282,088,000 | CTSH |
| FY2017 | +$13,359,552,000 | CTSH |
| FY2016 | +$12,326,868,000 | CTSH |
| FY2015 | +$11,501,872,000 | CTSH |
| FY2014 | +$9,532,973,000 | CTSH |
| FY2013 | +$8,288,083,000 | CTSH |
| FY2012 | +$6,912,673,000 | CTSH |
| FY2011 | +$5,786,628,000 | CTSH |
| FY2010 | +$4,370,565,000 | CTSH |
CTSH has reported the higher revenue in every one of these 16 fiscal years. The gap has widened since the earliest year compared.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.6 pp | CTSH |
| FY2024 | +1.7 pp | CTSH |
| FY2023 | +2.1 pp | CTSH |
| FY2022 | +3.1 pp | CTSH |
| FY2021 | −1.3 pp | EPAM |
| FY2020 | −3.9 pp | EPAM |
| FY2019 | −0.4 pp | EPAM |
| FY2018 | −0.0 pp | EPAM |
| FY2017 | +5.1 pp | CTSH |
| FY2016 | +3.0 pp | CTSH |
| FY2015 | +3.8 pp | CTSH |
| FY2014 | +4.5 pp | CTSH |
| FY2013 | +2.7 pp | CTSH |
| FY2012 | +1.8 pp | CTSH |
| FY2011 | +1.2 pp | CTSH |
| FY2010 | +3.2 pp | CTSH |
The higher net margin has changed hands between CTSH and EPAM over this period.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EPAM's net margin has been more volatile than CTSH's over the 16 comparable fiscal years — 2.4 percentage points of standard deviation against 1.9.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CTSH and EPAM over these 16 fiscal years — CTSH led in 12 and EPAM in 4.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EPAM's return on equity has been more volatile than CTSH's over the 16 comparable fiscal years — 15.8 percentage points of standard deviation against 3.4.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CTSH and EPAM over these 16 fiscal years — CTSH led in 9 and EPAM in 7.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.