WIT vs. EPAM

Last updated Apr 1, 2026

Compare and contrast key facts about Wipro Limited (WIT) and EPAM Systems, Inc. (EPAM).

Performance

WIT vs. EPAM - Performance Comparison

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

WIT vs. EPAM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WIT Wipro Limited	-23.42%	-16.61%	27.38%	19.82%	-51.78%	73.10%	51.23%	-2.31%	-5.94%	13.38%
EPAM EPAM Systems, Inc.	-33.91%	-12.38%	-21.36%	-9.28%	-50.97%	86.54%	68.91%	82.88%	7.99%	67.05%

Fundamentals

Market Cap WIT : $22.26B EPAM : $7.49B
EPS WIT : $12.67 EPAM : $6.74
PE Ratio WIT : 0.17 EPAM : 20.08
PS Ratio WIT : 0.02 EPAM : 1.39
PB Ratio WIT : 0.03 EPAM : 2.04
Total Revenue (TTM) WIT : $911.47B EPAM : $5.46B
Gross Profit (TTM) WIT : $269.82B EPAM : $1.54B
EBITDA (TTM) WIT : $209.44B EPAM : $664.07M

Returns By Period

In the year-to-date period, WIT achieves a -23.42% return, which is significantly higher than EPAM's -33.91% return. Over the past 10 years, WIT has underperformed EPAM with an annualized return of -0.26%, while EPAM has yielded a comparatively higher 5.81% annualized return.

WIT

• 1D: 2.42%
• 1M: -4.50%
• YTD: -23.42%
• 6M: -17.31%
• 1Y: -27.52%
• 3Y*: 0.30%
• 5Y*: -6.73%
• 10Y*: -0.26%

EPAM

• 1D: -0.57%
• 1M: -3.97%
• YTD: -33.91%
• 6M: -10.21%
• 1Y: -19.81%
• 3Y*: -23.21%
• 5Y*: -19.48%
• 10Y*: 5.81%

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

Return for Risk

WIT vs. EPAM — Risk / Return Rank

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

WIT

WIT Risk / Return Rank: 7
WIT Sharpe Ratio Rank: 7
WIT Sortino Ratio Rank: 9
WIT Omega Ratio Rank: 10
WIT Calmar Ratio Rank: 9
WIT Martin Ratio Rank: 1

EPAM

EPAM Risk / Return Rank: 23
EPAM Sharpe Ratio Rank: 23
EPAM Sortino Ratio Rank: 24
EPAM Omega Ratio Rank: 23
EPAM Calmar Ratio Rank: 27
EPAM Martin Ratio Rank: 19

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.

WIT vs. EPAM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wipro Limited (WIT) and EPAM Systems, Inc. (EPAM). 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.

	WIT	EPAM	Difference
Sharpe ratio Return per unit of total volatility	-0.87	-0.43	-0.44
Sortino ratio Return per unit of downside risk	-1.19	-0.31	-0.88
Omega ratio Gain probability vs. loss probability	0.86	0.96	-0.10
Calmar ratio Return relative to maximum drawdown	-0.88	-0.47	-0.40
Martin ratio Return relative to average drawdown	-2.08	-1.19	-0.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WIT vs. EPAM - Sharpe Ratio Comparison

The current WIT Sharpe Ratio is -0.87, which is lower than the EPAM Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of WIT and EPAM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WIT	EPAM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.87	-0.43	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	-0.36	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.01	0.13	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.40	-0.29

Correlation

The correlation between WIT and EPAM is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

WIT vs. EPAM - Dividend Comparison

WIT's dividend yield for the trailing twelve months is around 5.79%, while EPAM has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WIT Wipro Limited	5.79%	4.43%	0.17%	0.22%	1.69%	0.14%	0.25%	0.28%	0.31%	0.27%	0.91%	1.65%
EPAM EPAM Systems, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

WIT vs. EPAM - Drawdown Comparison

The maximum WIT drawdown since its inception was -74.86%, smaller than the maximum EPAM drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for WIT and EPAM.

Drawdown Indicators

	WIT	EPAM	Difference
Max Drawdown Largest peak-to-trough decline	-74.86%	-82.05%	+7.19%
Max Drawdown (1Y) Largest decline over 1 year	-30.60%	-41.82%	+11.22%
Max Drawdown (5Y) Largest decline over 5 years	-55.94%	-82.05%	+26.11%
Max Drawdown (10Y) Largest decline over 10 years	-55.94%	-82.05%	+26.11%
Current Drawdown Current decline from peak	-53.90%	-81.13%	+27.23%
Average Drawdown Average peak-to-trough decline	-30.71%	-24.93%	-5.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.89%	16.73%	-3.84%

Volatility

WIT vs. EPAM - Volatility Comparison

Wipro Limited (WIT) has a higher volatility of 14.92% compared to EPAM Systems, Inc. (EPAM) at 7.64%. This indicates that WIT's price experiences larger fluctuations and is considered to be riskier than EPAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WIT	EPAM	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.92%	7.64%	+7.28%
Volatility (6M) Calculated over the trailing 6-month period	26.22%	35.73%	-9.51%
Volatility (1Y) Calculated over the trailing 1-year period	31.89%	46.59%	-14.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.80%	53.73%	-23.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.17%	45.47%	-17.30%

Financials

WIT vs. EPAM - Profitability Comparison

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

WIT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Wipro Limited reported a gross profit of 68.93B and revenue of 237.52B. Therefore, the gross margin over that period was 29.0%.

EPAM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, EPAM Systems, Inc. reported a gross profit of 423.20M and revenue of 1.41B. Therefore, the gross margin over that period was 30.1%.

WIT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Wipro Limited reported an operating income of 35.24B and revenue of 237.52B, resulting in an operating margin of 14.8%.

EPAM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, EPAM Systems, Inc. reported an operating income of 149.25M and revenue of 1.41B, resulting in an operating margin of 10.6%.

WIT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Wipro Limited reported a net income of 31.45B and revenue of 237.52B, resulting in a net margin of 13.2%.

EPAM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, EPAM Systems, Inc. reported a net income of 109.35M and revenue of 1.41B, resulting in a net margin of 7.8%.