EPAM Systems (EPAM) Stock Buyback History
TTM buyback yield 8.27% · Shareholder yield (TTM) 8.27%.

EPAM
TTM buyback yield
8.27%
Shareholder yield (TTM)
8.27%
5Y share count change
-3.8%
TTM buyback spend
$602.62M
SBC coverage (TTM)
3.38x
YoY change in spend
-100.0%
5Y CAGR of spend
N/A
Peak year (2024)
$398.03M
Cumulative spend
$570.82M
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- EPAM Systems (EPAM) repurchased about $602.62M of stock over the trailing twelve months.
- Diluted share count is down 3.8% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 3.38× — repurchases more than cover SBC dilution.
- TTM repurchases used about 111% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $0.00 | $176.76M | −$176.76M | 0.06B | -3.0% | — |
| 2024 | $398.03M | $167.30M | $230.73M | 0.06B | -1.9% | 3.00% |
| 2023 | $164.92M | $147.73M | $17.19M | 0.06B | -0.1% | 0.96% |
| 2022 | $0.00 | $99.91M | −$99.91M | 0.06B | 0.2% | — |
| 2021 | $0.00 | $111.66M | −$111.66M | 0.06B | 1.1% | — |
| 2020 | $0.00 | $75.24M | −$75.24M | 0.06B | 1.3% | — |
| 2019 | $0.00 | $72.04M | −$72.04M | 0.06B | 1.8% | — |
| 2018 | $0.00 | $59.19M | −$59.19M | 0.06B | 3.1% | — |
| 2017 | $0.00 | $52.41M | −$52.41M | 0.05B | 3.3% | — |
| 2016 | $0.00 | $49.24M | −$49.24M | 0.05B | 2.4% | — |
| 2015 | $0.00 | $45.83M | −$45.83M | 0.05B | 4.6% | — |
| 2014 | $0.00 | $24.62M | −$24.62M | 0.05B | 2.8% | — |
| 2013 | $0.00 | $13.15M | −$13.15M | 0.05B | 10.4% | — |
| 2012 | $0.00 | $6.83M | −$6.83M | 0.04B | 132.0% | — |
| 2011 | $0.00 | $2.87M | −$2.87M | 0.02B | -7.7% | — |
| 2010 | $7.32M | $2.94M | $4.38M | 0.02B | 10.8% | 3.05% |
| 2009 | $540.00K | $2.41M | −$1.87M | 0.02B | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for EPAM Systems (EPAM) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for EPAM Systems (EPAM)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for EPAM Systems (EPAM)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $0 | -100.0% | -$398.03M | ||
| 2024 | $398.03M | +141.3% | +$233.10M | ||
| 2023 | $164.92M | — | +$164.92M | ||
| 2022 | $0 | — | $0 | ||
| 2021 | $0 | — | $0 | ||
| 2020 | $0 | — | $0 | ||
| 2019 | $0 | — | $0 | ||
| 2018 | $0 | — | $0 | ||
| 2017 | $0 | — | $0 | ||
| 2016 | $0 | — | $0 | ||
| 2015 | $0 | — | $0 | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | -100.0% | -$7.32M | ||
| 2010 | $7.32M | +1256.3% | +$6.78M | ||
| 2009 | $540,000 | — | — |
EPAM Systems (EPAM) most recent annual buyback spend stands at $0 (2025) – plunged 100.0% year-over-year.
Between 2024 and 2025, EPAM Systems buyback spend plunged 100.0%, falling from $398.03M to $0.
The dataset's maximum buyback spend sits at $398.03M (2024); the minimum reading of $0 dates to 2011.
Within Technology, EPAM Systems (EPAM) ranks 7th among 8 peers we track. The peer median for buyback spend is $6.01B.
EPAM Systems Buyback Spend 2025: $0
EPAM Systems buyback spend in 2025 was $0, plunged 100.0% below 2024.
EPAM Systems Buyback Spend 2024: $398.03M
EPAM Systems buyback spend in 2024 was $398.03M, surged 141.3% from 2023. This figure represents the highest annual value in the available history.
EPAM Systems Buyback Spend 2023: $164.92M
EPAM Systems buyback spend in 2023 was $164.92M.
EPAM Systems Buyback Spend 2022: $0
EPAM Systems buyback spend in 2022 was $0.
EPAM Systems Buyback Spend 2021: $0
EPAM Systems buyback spend in 2021 was $0.
See more financial history for EPAM Systems (EPAM).
Sector peers by buyback spend
Companies in the same sector as EPAM Systems, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Apple (AAPL) | $90.71B | Technology |
| NVIDIA (NVDA) | $40.09B | Technology |
| Microsoft (MSFT) | $18.42B | Technology |
| Broadcom (AVGO) | $6.31B | Technology |
| ASML (ASML) | $5.72B | Technology |
| AMD (AMD) | $1.32B | Technology |
| TSMC (TSM) | $0 | Technology |
| Micron Technology (MU) | $0 | Technology |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 3.38×.
Capital allocation mix
How EPAM Systems splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $543.64M (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from EPAM Systems's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does EPAM Systems buy back its own stock?
Yes, EPAM Systems (EPAM) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does EPAM Systems spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $602.62M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is EPAM Systems's buyback yield?
TTM buyback yield is about 8.27% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is EPAM Systems's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 8.27% combined (TTM-based where available).
Is EPAM Systems diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has EPAM Systems's share count changed?
Diluted weighted average shares changed by about -3.8% over roughly five fiscal years (annual income statement data).
What is EPAM Systems's buyback spend?
Latest reported buyback spend for EPAM Systems (EPAM) is $602.62M (period ending March 31, 2026).
How has EPAM Systems buyback spend changed year-over-year?
EPAM Systems (EPAM) buyback spend changed -100.0% year-over-year on the latest annual filing.
When did EPAM Systems buyback spend hit its highest annual value?
EPAM Systems buyback spend reached its highest annual value of $398.03M in 2024.
What was EPAM Systems buyback spend in 2024?
EPAM Systems (EPAM) buyback spend in 2024 was $398.03M.
What was EPAM Systems buyback spend in 2025?
EPAM Systems (EPAM) buyback spend in 2025 was $0.
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