EPAM vs INFY
Epam Systems, Inc. and Infosys Ltd., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EPAM | INFY |
|---|---|---|
| Revenue | $5.5B | $19.3B |
| Net income | $377.7M | $3.2B |
| Gross margin | 28.8% | 30.5% |
| Net margin | 6.9% | 16.4% |
| Return on equity | 10.3% | 29.0% |
| Diluted EPS | $6.72 | $0.76 |
| Dividend / share | · | · |
| Payout ratio | · | 76.5% |
| Free cash flow | $612.7M | · |
| Equity | $3.7B | $11.2B |
| Net debt / equity | −0.35× | · |
| Current ratio | 2.59× | 2.27× |
| Revenue CAGR 5y | 15.5% | 8.6% |
| Profit CAGR 5y | 2.9% | 6.3% |
INFY bills 3.5× the revenue of EPAM, and keeps more of each dollar of revenue as profit (16.4% 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 | EPAM | INFY |
|---|---|---|
| FY2024 | $4.7B | $19.3B |
| FY2023 | $4.7B | $18.6B |
| FY2022 | $4.8B | $18.2B |
| FY2021 | $3.8B | $16.3B |
| FY2020 | $2.7B | $13.6B |
| FY2019 | $2.3B | $12.8B |
| FY2018 | $1.8B | $11.8B |
| FY2017 | $1.5B | $10.9B |
| FY2016 | $1.2B | $10.2B |
| FY2015 | $914.1M | $9.5B |
Bottom line
| Fiscal year | EPAM | INFY |
|---|---|---|
| FY2024 | $454.5M | $3.2B |
| FY2023 | $417.1M | $3.2B |
| FY2022 | $419.4M | $3.0B |
| FY2021 | $481.7M | $3.0B |
| FY2020 | $327.2M | $2.6B |
| FY2019 | $261.1M | $2.3B |
| FY2018 | $240.3M | $2.2B |
| FY2017 | $72.8M | $2.5B |
| FY2016 | $99.3M | $2.1B |
| FY2015 | $84.5M | $2.1B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −$14,549,060,000 | INFY |
| FY2023 | −$13,871,460,000 | INFY |
| FY2022 | −$13,387,302,000 | INFY |
| FY2021 | −$12,552,856,000 | INFY |
| FY2020 | −$10,901,522,000 | INFY |
| FY2019 | −$10,486,202,000 | INFY |
| FY2018 | −$9,956,088,000 | INFY |
| FY2017 | −$9,488,552,000 | INFY |
| FY2016 | −$9,047,868,000 | INFY |
| FY2015 | −$8,586,872,000 | INFY |
INFY has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −6.8 pp | INFY |
| FY2023 | −8.2 pp | INFY |
| FY2022 | −7.7 pp | INFY |
| FY2021 | −5.4 pp | INFY |
| FY2020 | −7.0 pp | INFY |
| FY2019 | −6.9 pp | INFY |
| FY2018 | −5.6 pp | INFY |
| FY2017 | −17.7 pp | INFY |
| FY2016 | −12.4 pp | INFY |
| FY2015 | −12.4 pp | INFY |
INFY has kept the higher net margin in every one of these 10 fiscal years.
10 of 16 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 INFY's over the 10 comparable fiscal years — 2.3 percentage points of standard deviation against 2.1.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
INFY led in net margin in every one of the 10 comparable fiscal years — a structural lead, not a recent swing.
10 of 16 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 INFY's over the 10 comparable fiscal years — 3.9 percentage points of standard deviation against 3.6.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
INFY led in return on equity in every one of the 10 comparable fiscal years — a structural lead, not a recent swing.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.