vs

Side-by-side financial comparison of Grupo Aeromexico, S.A.B. de C.V. (AERO) and EPAM Systems (EPAM). Click either name above to swap in a different company.

Grupo Aeromexico, S.A.B. de C.V. is the larger business by last-quarter revenue ($1.4B vs $1.4B, roughly 1.0× EPAM Systems). Grupo Aeromexico, S.A.B. de C.V. runs the higher net margin — 11.5% vs 7.8%, a 3.7% gap on every dollar of revenue.

Grupo Aeromexico is Mexico's flagship airline holding company, offering domestic and international passenger and cargo air transport services. It operates a wide route network covering North America, South America, Europe and Asia, serving leisure and business travel segments with a modern commercial aircraft fleet.

EPAM Systems, Inc. is an American company that specializes in software engineering services, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania. EPAM is a founding member of the MACH Alliance.

AERO vs EPAM — Head-to-Head

Bigger by revenue
AERO
AERO
1.0× larger
AERO
$1.4B
$1.4B
EPAM
Higher net margin
AERO
AERO
3.7% more per $
AERO
11.5%
7.8%
EPAM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AERO
AERO
EPAM
EPAM
Revenue
$1.4B
$1.4B
Net Profit
$165.0M
$109.4M
Gross Margin
30.1%
Operating Margin
21.1%
10.6%
Net Margin
11.5%
7.8%
Revenue YoY
12.8%
Net Profit YoY
5.9%
EPS (diluted)
$1.97

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AERO
AERO
EPAM
EPAM
Q4 25
$1.4B
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.2B
Net Profit
AERO
AERO
EPAM
EPAM
Q4 25
$165.0M
$109.4M
Q3 25
$106.8M
Q2 25
$88.0M
Q1 25
$73.5M
Q4 24
$103.3M
Q3 24
$136.3M
Q2 24
$98.6M
Q1 24
$116.2M
Gross Margin
AERO
AERO
EPAM
EPAM
Q4 25
30.1%
Q3 25
29.5%
Q2 25
28.8%
Q1 25
26.9%
Q4 24
30.4%
Q3 24
34.6%
Q2 24
29.3%
Q1 24
28.4%
Operating Margin
AERO
AERO
EPAM
EPAM
Q4 25
21.1%
10.6%
Q3 25
10.4%
Q2 25
9.3%
Q1 25
7.6%
Q4 24
10.9%
Q3 24
15.2%
Q2 24
10.5%
Q1 24
9.5%
Net Margin
AERO
AERO
EPAM
EPAM
Q4 25
11.5%
7.8%
Q3 25
7.7%
Q2 25
6.5%
Q1 25
5.6%
Q4 24
8.3%
Q3 24
11.7%
Q2 24
8.6%
Q1 24
10.0%
EPS (diluted)
AERO
AERO
EPAM
EPAM
Q4 25
$1.97
Q3 25
$1.91
Q2 25
$1.56
Q1 25
$1.28
Q4 24
$1.80
Q3 24
$2.37
Q2 24
$1.70
Q1 24
$1.97

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AERO
AERO
EPAM
EPAM
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
Total Assets
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AERO
AERO
EPAM
EPAM
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$2.1B
Q2 24
$1.8B
Q1 24
$2.0B
Stockholders' Equity
AERO
AERO
EPAM
EPAM
Q4 25
$3.7B
Q3 25
$3.7B
Q2 25
$3.7B
Q1 25
$3.6B
Q4 24
$3.6B
Q3 24
$3.6B
Q2 24
$3.4B
Q1 24
$3.5B
Total Assets
AERO
AERO
EPAM
EPAM
Q4 25
$4.9B
Q3 25
$4.8B
Q2 25
$4.7B
Q1 25
$4.7B
Q4 24
$4.8B
Q3 24
$4.5B
Q2 24
$4.2B
Q1 24
$4.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AERO
AERO
EPAM
EPAM
Operating Cash FlowLast quarter
$282.9M
Free Cash FlowOCF − Capex
$268.1M
FCF MarginFCF / Revenue
19.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.59×
TTM Free Cash FlowTrailing 4 quarters
$612.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AERO
AERO
EPAM
EPAM
Q4 25
$282.9M
Q3 25
$294.7M
Q2 25
$53.2M
Q1 25
$24.2M
Q4 24
$130.3M
Q3 24
$242.0M
Q2 24
$57.0M
Q1 24
$129.9M
Free Cash Flow
AERO
AERO
EPAM
EPAM
Q4 25
$268.1M
Q3 25
$286.4M
Q2 25
$43.4M
Q1 25
$14.8M
Q4 24
$114.5M
Q3 24
$237.0M
Q2 24
$52.3M
Q1 24
$123.2M
FCF Margin
AERO
AERO
EPAM
EPAM
Q4 25
19.0%
Q3 25
20.5%
Q2 25
3.2%
Q1 25
1.1%
Q4 24
9.2%
Q3 24
20.3%
Q2 24
4.6%
Q1 24
10.6%
Capex Intensity
AERO
AERO
EPAM
EPAM
Q4 25
1.1%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
0.7%
Q4 24
1.3%
Q3 24
0.4%
Q2 24
0.4%
Q1 24
0.6%
Cash Conversion
AERO
AERO
EPAM
EPAM
Q4 25
2.59×
Q3 25
2.76×
Q2 25
0.60×
Q1 25
0.33×
Q4 24
1.26×
Q3 24
1.77×
Q2 24
0.58×
Q1 24
1.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AERO
AERO

Passenger$1.3B91%
Air Cargo$82.0M6%
Other$52.0M4%

EPAM
EPAM

Segment breakdown not available.

Related Comparisons