EPAM Systems, Inc. (EPAM) vs Paycom Software, Inc. (PAYC)

PAYC leads on 10 of 16 compared metrics, though EPAM is the cheaper stock.

A side-by-side comparison of EPAM Systems, Inc. and Paycom Software, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare
EPAM Systems, Inc. logo
EPAM
EPAM Systems, Inc.
$4.58B
$87.70Technology
Paycom Software, Inc. logo
PAYC
Paycom Software, Inc.
$6.81B
$123.72Technology

Total return — EPAM vs PAYC

growth of $100 · last 12y
EPAM +170.7%PAYC +706.0%PAYC compounded faster
01k2k3kStart $100201620182020202220242026$271$806
EPAM PAYC

EPAM vs PAYC: by the numbers

  • •PAYC is the larger company ($6.81B vs $4.58B market cap).
  • •EPAM trades at the lower earnings multiple (12.58 vs 14.30 P/E).
  • •PAYC converts more revenue to profit (22.44% vs 6.96% net margin).
  • •PAYC grew revenue faster over the past five years (19.16% vs 14.78% CAGR).
  • •PAYC pays a dividend (1.21% yield) while EPAM does not currently pay one.

Which is better, EPAM or PAYC?

Metric tally: EPAM 6 · PAYC 10

It depends on what you're optimizing for:

ValueEPAM(lower P/E)
GrowthPAYC(faster 5Y revenue CAGR)
QualityPAYC(higher ROIC)

Metrics side by side

Valuation

MetricEPAMPAYC
P/E ratio12.58●14.30
Forward P/E6.72●11.35
P/S ratio0.86●3.03
P/B ratio1.38●7.80
PEG ratio4.400.54●
EV / EBITDA5.91●8.28
FCF yield11.44%●6.99%

Profitability

MetricEPAMPAYC
Gross margin27.92%79.74%●
Operating margin9.91%28.30%●
Net margin6.96%22.44%●
ROE11.27%57.87%●
ROIC9.82%18.38%●

Dividends

MetricEPAMPAYC
Dividend yield—1.21%
Payout ratio—18.45%

Growth (annualized)

MetricEPAMPAYC
Revenue CAGR (5Y)14.78%19.16%●
EPS CAGR (5Y)2.86%26.70%●
FCF CAGR (5Y)4.18%25.72%●
Total return CAGR (5Y)-29.81%-18.30%●

Frequently asked

Which is better, EPAM or PAYC?
It depends on your goal. value: EPAM (lower P/E); growth: PAYC (faster 5Y revenue CAGR); quality: PAYC (higher ROIC). Across all compared metrics, PAYC leads 10 to 6.
Is EPAM or PAYC cheaper?
On trailing earnings, EPAM is cheaper: EPAM trades at a 12.58 P/E and PAYC at 14.30.
Which has grown faster, EPAM or PAYC?
Over the past five years, PAYC grew revenue faster — EPAM at a 14.78% CAGR versus PAYC at 19.16%.
Does EPAM or PAYC pay a bigger dividend?
PAYC pays a dividend (1.21% yield) while EPAM does not currently pay one.
Is EPAM or PAYC more profitable?
PAYC runs the higher net margin — EPAM at 6.96% versus PAYC at 22.44%.
Which has been the better investment, EPAM or PAYC?
Over the past 10-year, PAYC delivered the higher annualized total return — EPAM at 2.51% versus PAYC at 11.85%. Past performance doesn't predict future results.

Go deeper

Full EPAM analysisFull PAYC analysisInteractive comparison tool

Dig into the metrics

EPAM Systems P/E ratioPaycom Software P/E ratioEPAM Systems dividend yieldPaycom Software dividend yieldEPAM Systems ROEPaycom Software ROEEPAM Systems operating marginPaycom Software operating marginEPAM Systems revenue growthPaycom Software revenue growthEPAM Systems free cash flowPaycom Software free cash flow

EPAM Systems & Paycom Software appear in these rankings

Fastest Revenue Growth StocksHighest ROE StocksHighest ROIC StocksHighest FCF Yield Stocks

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 18, 2026.