EPAM vs. UBER

Last updated Jun 3, 2026

EPAM (EPAM Systems, Inc.) and UBER (Uber Technologies, Inc.) are both stocks. Both are in the Technology sector — EPAM in Information Technology Services, UBER in Software - Application. Over the past 5 years, EPAM returned -26.31%/yr vs 8.02%/yr for UBER. At a 0.34 correlation, their price movements are largely independent.

Performance

EPAM vs. UBER - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EPAM Systems, Inc. (EPAM) and Uber Technologies, Inc. (UBER). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPAM achieves a -49.61% return, which is significantly lower than UBER's -12.35% return.

EPAM

• 1D: -5.08%
• 1M: -8.10%
• YTD: -49.61%
• 6M: -46.51%
• 1Y: -39.48%
• 3Y*: -26.47%
• 5Y*: -26.31%
• 10Y*: 3.17%

UBER

• 1D: -2.91%
• 1M: -4.66%
• YTD: -12.35%
• 6M: -18.21%
• 1Y: -14.37%
• 3Y*: 21.70%
• 5Y*: 8.02%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EPAM vs. UBER - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EPAM EPAM Systems, Inc.	-49.61%	-12.38%	-21.36%	-9.28%	-50.97%	86.54%	68.91%	23.97%
UBER Uber Technologies, Inc.	-12.35%	35.46%	-2.03%	148.97%	-41.02%	-17.78%	71.49%	-28.46%

Correlation

The correlation between EPAM and UBER is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since May 13, 2019	0.34

The correlation between EPAM and UBER shifts across timeframes, from 0.22 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap EPAM : $5.59B UBER : $148.35B
EPS EPAM : $6.96 UBER : $4.05
PE Ratio EPAM : 14.83 UBER : 17.67
PS Ratio EPAM : 1.03 UBER : 2.81
PB Ratio EPAM : 1.63 UBER : 5.99
Total Revenue (TTM) EPAM : $5.56B UBER : $53.69B
Gross Profit (TTM) EPAM : $1.58B UBER : $22.03B
EBITDA (TTM) EPAM : $670.13M UBER : $5.85B

Return for Risk

EPAM vs. UBER — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPAM

EPAM Risk / Return Rank: 8
EPAM Sharpe Ratio Rank: 6
EPAM Sortino Ratio Rank: 9
EPAM Omega Ratio Rank: 9
EPAM Calmar Ratio Rank: 15
EPAM Martin Ratio Rank: 4

UBER

UBER Risk / Return Rank: 22
UBER Sharpe Ratio Rank: 21
UBER Sortino Ratio Rank: 20
UBER Omega Ratio Rank: 21
UBER Calmar Ratio Rank: 23
UBER Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EPAM vs. UBER - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EPAM Systems, Inc. (EPAM) and Uber Technologies, Inc. (UBER). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EPAM	UBER	Difference
Sharpe ratio Return per unit of total volatility	-0.89	-0.44	-0.45
Sortino ratio Return per unit of downside risk	-1.13	-0.45	-0.68
Omega ratio Gain probability vs. loss probability	0.85	0.95	-0.10
Calmar ratio Return relative to maximum drawdown	-0.69	-0.48	-0.20
Martin ratio Return relative to average drawdown	-1.59	-0.87	-0.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPAM vs. UBER - Sharpe Ratio Comparison

The current EPAM Sharpe Ratio is -0.89, which is lower than the UBER Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of EPAM and UBER, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EPAM	UBER	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	-0.44	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.49	0.18	-0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.16	+0.18

Drawdowns

EPAM vs. UBER - Drawdown Comparison

The maximum EPAM drawdown since its inception was -87.50%, which is greater than UBER's maximum drawdown of -68.05%. Use the drawdown chart below to compare losses from any high point for EPAM and UBER.

Drawdown Indicators

	EPAM	UBER	Difference
Max Drawdown Largest peak-to-trough decline	-87.50%	-68.05%	-19.45%
Max Drawdown (1Y) Largest decline over 1 year	-59.49%	-30.89%	-28.60%
Max Drawdown (3Y) Largest decline over 3 years	-71.49%	-30.89%	-40.60%
Max Drawdown (5Y) Largest decline over 5 years	-87.50%	-60.45%	-27.05%
Max Drawdown (10Y) Largest decline over 10 years	-87.50%	—	—
Current Drawdown Current decline from peak	-85.61%	-28.45%	-57.16%
Average Drawdown Average peak-to-trough decline	-25.64%	-25.66%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.71%	17.13%	+8.58%

Volatility

EPAM vs. UBER - Volatility Comparison

EPAM Systems, Inc. (EPAM) has a higher volatility of 15.76% compared to Uber Technologies, Inc. (UBER) at 11.98%. This indicates that EPAM's price experiences larger fluctuations and is considered to be riskier than UBER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPAM	UBER	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.76%	11.98%	+3.78%
Volatility (6M) Calculated over the trailing 6-month period	37.68%	24.24%	+13.44%
Volatility (1Y) Calculated over the trailing 1-year period	44.36%	32.60%	+11.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.25%	44.88%	+9.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.78%	50.72%	-4.94%

Dividends

EPAM vs. UBER - Dividend Comparison

Neither EPAM nor UBER has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

EPAM vs. UBER - Profitability Comparison

The chart below illustrates the profitability comparison between EPAM Systems, Inc. and Uber Technologies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EPAM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EPAM Systems, Inc. reported a gross profit of 388.01M and revenue of 1.40B. Therefore, the gross margin over that period was 27.7%.

UBER - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Uber Technologies, Inc. reported a gross profit of 5.95B and revenue of 13.20B. Therefore, the gross margin over that period was 45.0%.

EPAM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EPAM Systems, Inc. reported an operating income of 116.77M and revenue of 1.40B, resulting in an operating margin of 8.3%.

UBER - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Uber Technologies, Inc. reported an operating income of 1.92B and revenue of 13.20B, resulting in an operating margin of 14.6%.

EPAM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EPAM Systems, Inc. reported a net income of 82.52M and revenue of 1.40B, resulting in a net margin of 5.9%.

UBER - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Uber Technologies, Inc. reported a net income of 263.00M and revenue of 13.20B, resulting in a net margin of 2.0%.

Frequently Asked Questions

Can I hold both EPAM and UBER in my portfolio?

EPAM and UBER have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EPAM or UBER?

EPAM has higher volatility (15.76%) compared to UBER (11.98%). In terms of maximum drawdown, EPAM dropped -87.50% vs UBER's -68.05%.

Which has better risk-adjusted returns?

UBER currently has the higher Sharpe Ratio (-0.44 vs -0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.