EPAM Systems, Inc. (EPAM) vs Itron, Inc. (ITRI)
EPAM and ITRI are evenly matched — 8 metrics each of 16.
A side-by-side comparison of EPAM Systems, Inc. and Itron, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — EPAM vs ITRI
growth of $100 · last 14yEPAM +476.3%ITRI +103.1%EPAM compounded faster
EPAM ITRI
EPAM vs ITRI: by the numbers
- •EPAM is the larger company ($4.22B vs $3.72B market cap).
- •EPAM trades at the lower earnings multiple (11.58 vs 13.38 P/E).
- •ITRI converts more revenue to profit (12.32% vs 6.96% net margin).
- •EPAM grew revenue faster over the past five years (14.78% vs 2.30% CAGR).
Which is better, EPAM or ITRI?
Metric tally: EPAM 8 · ITRI 8It depends on what you're optimizing for:
ValueEPAM(lower P/E)
GrowthEPAM(faster 5Y revenue CAGR)
QualityEPAM(higher ROIC)
Metrics side by side
Valuation
| Metric | EPAM | ITRI |
|---|---|---|
| P/E ratio | 11.58● | 13.38 |
| Forward P/E | 6.18● | 12.65 |
| P/S ratio | 0.79● | 1.62 |
| P/B ratio | 1.27● | 2.37 |
| PEG ratio | 4.05 | 0.55● |
| EV / EBITDA | 5.20● | 12.99 |
| FCF yield | 12.44%● | 10.29% |
Profitability
| Metric | EPAM | ITRI |
|---|---|---|
| Gross margin | 27.92% | 38.82%● |
| Operating margin | 9.91% | 13.04%● |
| Net margin | 6.96% | 12.32%● |
| ROE | 11.27% | 17.98%● |
| ROIC | 9.82%● | 8.79% |
Growth (annualized)
| Metric | EPAM | ITRI |
|---|---|---|
| Revenue CAGR (5Y) | 14.78%● | 2.30% |
| EPS CAGR (5Y) | 2.86% | 32.19%● |
| FCF CAGR (5Y) | 4.18% | 32.66%● |
| Total return CAGR (5Y) | -31.18% | -3.49%● |
Frequently asked
- Which is better, EPAM or ITRI?
- It depends on your goal. value: EPAM (lower P/E); growth: EPAM (faster 5Y revenue CAGR); quality: EPAM (higher ROIC). Across all compared metrics, they are evenly matched.
- Is EPAM or ITRI cheaper?
- On trailing earnings, EPAM is cheaper: EPAM trades at a 11.58 P/E and ITRI at 13.38.
- Which has grown faster, EPAM or ITRI?
- Over the past five years, EPAM grew revenue faster — EPAM at a 14.78% CAGR versus ITRI at 2.30%.
- Is EPAM or ITRI more profitable?
- ITRI runs the higher net margin — EPAM at 6.96% versus ITRI at 12.32%.
- Which has been the better investment, EPAM or ITRI?
- Over the past 10-year, ITRI delivered the higher annualized total return — EPAM at 2.05% versus ITRI at 7.17%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
EPAM Systems P/E ratioItron P/E ratioEPAM Systems dividend yieldItron dividend yieldEPAM Systems ROEItron ROEEPAM Systems operating marginItron operating marginEPAM Systems revenue growthItron revenue growthEPAM Systems free cash flowItron free cash flow
EPAM Systems & Itron appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 28, 2026.