EPAM Tax Provision from 2010 to 2025

EPAM Stock  USD 179.03  3.73  2.13%   
EPAM Systems Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to drop to about 72 M. Tax Provision is the amount set aside by EPAM Systems to cover any estimated taxes for the current period. It reflects EPAM Systems' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
53.3 M
Current Value
34 M
Quarterly Volatility
14.8 M
 
Covid
Check EPAM Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EPAM Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 133.5 M, Interest Expense of 2.6 M or Selling General Administrative of 857.1 M, as well as many indicators such as Price To Sales Ratio of 2.94, Dividend Yield of 0.0 or PTB Ratio of 5.06. EPAM financial statements analysis is a perfect complement when working with EPAM Systems Valuation or Volatility modules.
  
Check out the analysis of EPAM Systems Correlation against competitors.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.

Latest EPAM Systems' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of EPAM Systems over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. EPAM Systems' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EPAM Systems' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

EPAM Tax Provision Regression Statistics

Arithmetic Mean52,188,132
Geometric Mean39,157,202
Coefficient Of Variation78.80
Mean Deviation33,267,556
Median38,469,000
Standard Deviation41,123,579
Sample Variance1691.1T
Range126.3M
R-Value0.73
Mean Square Error833.2T
R-Squared0.54
Significance0
Slope6,348,297
Total Sum of Squares25367.2T

EPAM Tax Provision History

202572 M
2024129.9 M
2023135.8 M
202287.8 M
202151.7 M
202051.3 M
201938.5 M

About EPAM Systems Financial Statements

EPAM Systems investors utilize fundamental indicators, such as Tax Provision, to predict how EPAM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision129.9 M72 M

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When determining whether EPAM Systems is a strong investment it is important to analyze EPAM Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EPAM Systems' future performance. For an informed investment choice regarding EPAM Stock, refer to the following important reports:
Check out the analysis of EPAM Systems Correlation against competitors.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EPAM Systems. If investors know EPAM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EPAM Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.083
Earnings Share
7.84
Revenue Per Share
82.529
Quarterly Revenue Growth
0.079
Return On Equity
0.128
The market value of EPAM Systems is measured differently than its book value, which is the value of EPAM that is recorded on the company's balance sheet. Investors also form their own opinion of EPAM Systems' value that differs from its market value or its book value, called intrinsic value, which is EPAM Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EPAM Systems' market value can be influenced by many factors that don't directly affect EPAM Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EPAM Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if EPAM Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EPAM Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.