Amdocs (DOX) vs EPAM Systems (EPAM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
EPAM Systems (EPAM) has outperformed Amdocs (DOX) over the past year, losing 27.7% versus a loss of 28.7%. Over five years, DOX leads with a -27.2% price change compared with -82.5% for EPAM. Amdocs is the larger company by market cap ($6.13 billion vs $5.59 billion), about 1.1 times the size, while EPAM Systems is growing revenue faster (+15.4% vs +2.4%).
On valuation, Amdocs trades at a lower forward P/E (7.3x vs 7.7x for EPAM Systems). Amdocs pays a dividend yielding 3.73%, while EPAM Systems does not currently pay one. Amdocs converts more of its revenue into profit, with a net margin of 9.9% versus 6.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DOX | EPAM |
|---|---|---|
| Share price | $58.74 | $108.32 |
| Market cap | $6.13B | $5.59B |
| 1-day change | +0.43% | -0.91% |
| YTD return | -27.04% | -47.13% |
| 1-year return | -28.73% | -27.72% |
| 5-year return | -27.18% | -82.50% |
| P/E ratio (TTM) | 13.95 | 14.70 |
| Forward P/E | 7.32 | 7.70 |
| EPS (TTM) | $4.21 | $7.37 |
| Dividend yield | 3.73% | 0.00% |
| Annual dividend | $2.19 | $0.00 |
| Revenue (latest FY) | $5.00B | $5.46B |
| Revenue growth (YoY) | +2.40% | +15.42% |
| Net income (latest FY) | $493.20M | $377.68M |
| Gross margin | 35.07% | 28.83% |
| Operating margin | 12.56% | 9.53% |
| Net margin | 9.85% | 6.92% |
| 52-week high | $85.63 | $222.53 |
| 52-week low | $49.74 | $73.06 |
| Distance from 52-week high | -31.40% | -51.32% |
| Analyst consensus | none | buy |
| Avg. price target upside | +34.92% | +13.39% |
| Average volume | 1.13M | 1.39M |
| Shares outstanding | 104.42M | 51.59M |
| Employees | 26,969 | 62,850 |
| Sector | Technology | Technology |
| Industry | EDP Services | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Amdocs offers a meaningfully higher dividend yield (3.73% vs 0.00%).
- EPAM Systems grew revenue faster in its latest fiscal year (+15.42% vs +2.40%).
About Amdocs
DOX stock →Amdocs Limited, through its subsidiaries, provides software and services to communications, entertainment, media, and other service providers worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud offering.
Technology · EDP Services · 26,969 employees
About EPAM Systems
EPAM stock →EPAM Systems, Inc. provides digital platform engineering and software development services worldwide.
Technology · EDP Services · 62,850 employees
DOX vs EPAM FAQ
Which is bigger, Amdocs or EPAM Systems?
Amdocs (DOX) is larger, with a market capitalization of $6.13B compared with $5.59B for EPAM Systems (EPAM).
Which stock has performed better over the past year, DOX or EPAM?
EPAM returned -27.72% over the past 12 months, compared with -28.73% for DOX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DOX or EPAM?
DOX has the lower trailing P/E at 14.0, versus 14.7 for EPAM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Amdocs or EPAM Systems?
Amdocs pays a dividend yielding 3.73%, while EPAM Systems does not currently pay a regular dividend.
Are Amdocs and EPAM Systems in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.