EPAM Systems (EPAM) vs RingCentral (RNG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
RingCentral (RNG) has outperformed EPAM Systems (EPAM) over the past year, gaining 189.2% versus a loss of 24.6%. Over five years, RNG leads with a -66.7% price change compared with -81.6% for EPAM. RingCentral is the larger company by market cap ($6.64 billion vs $5.86 billion), about 1.1 times the size, while EPAM Systems is growing revenue faster (+15.4% vs +4.8%).
On valuation, EPAM Systems trades at a lower forward P/E (8.1x vs 14.2x for RingCentral). RingCentral pays a dividend yielding 0.19%, while EPAM Systems does not currently pay one. EPAM Systems converts more of its revenue into profit, with a net margin of 6.9% versus 1.7%.
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 | EPAM | RNG |
|---|---|---|
| Share price | $113.67 | $79.47 |
| Market cap | $5.86B | $6.64B |
| 1-day change | -0.17% | +1.43% |
| YTD return | -44.43% | +171.30% |
| 1-year return | -24.63% | +189.22% |
| 5-year return | -81.61% | -66.71% |
| P/E ratio (TTM) | 15.42 | 63.58 |
| Forward P/E | 8.08 | 14.24 |
| EPS (TTM) | $7.37 | $1.25 |
| Dividend yield | 0.00% | 0.19% |
| Annual dividend | $0.00 | $0.15 |
| Revenue (latest FY) | $5.46B | $2.52B |
| Revenue growth (YoY) | +15.42% | +4.78% |
| Net income (latest FY) | $377.68M | $43.39M |
| Gross margin | 28.83% | 71.24% |
| Operating margin | 9.53% | 4.79% |
| Net margin | 6.92% | 1.73% |
| 52-week high | $222.53 | $81.90 |
| 52-week low | $73.06 | $24.14 |
| Distance from 52-week high | -48.92% | -2.97% |
| Analyst consensus | buy | none |
| Avg. price target upside | +8.05% | -27.47% |
| Average volume | 1.34M | 1.84M |
| Shares outstanding | 51.59M | 73.74M |
| Employees | 62,850 | 7,378 |
| 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
- RNG has outperformed EPAM by 213.8 percentage points over the past year.
- RingCentral trades at a higher earnings multiple (63.6x vs 15.4x trailing P/E).
- EPAM Systems is more profitable, keeping 6.9 cents of every revenue dollar as net income versus 1.7 cents for RingCentral.
- EPAM Systems grew revenue faster in its latest fiscal year (+15.42% vs +4.78%).
About EPAM Systems
EPAM stock →EPAM Systems, Inc. provides digital platform engineering and software development services worldwide.
Technology · EDP Services · 62,850 employees
About RingCentral
RNG stock →RingCentral, Inc., an agentic voice AIpowered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations.
Technology · EDP Services · 7,378 employees
EPAM vs RNG FAQ
Which is bigger, EPAM Systems or RingCentral?
RingCentral (RNG) is larger, with a market capitalization of $6.64B compared with $5.86B for EPAM Systems (EPAM).
Which stock has performed better over the past year, EPAM or RNG?
RNG returned +189.22% over the past 12 months, compared with -24.63% for EPAM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EPAM or RNG?
EPAM has the lower trailing P/E at 15.4, versus 63.6 for RNG. 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, EPAM Systems or RingCentral?
RingCentral pays a dividend yielding 0.19%, while EPAM Systems does not currently pay a regular dividend.
Are EPAM Systems and RingCentral in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.