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Side-by-side financial comparison of EPAM Systems (EPAM) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× EPAM Systems). Ovintiv Inc. runs the higher net margin — 46.1% vs 7.8%, a 38.3% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $268.1M). Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs -7.2%).
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.
Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.
EPAM vs OVV — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.1B |
| Net Profit | $109.4M | $946.0M |
| Gross Margin | 30.1% | — |
| Operating Margin | 10.6% | 21.2% |
| Net Margin | 7.8% | 46.1% |
| Revenue YoY | 12.8% | -6.0% |
| Net Profit YoY | 5.9% | 1676.7% |
| EPS (diluted) | $1.97 | $3.64 |
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.
| Q4 25 | $1.4B | $2.1B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $1.3B | $2.4B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $1.2B | $2.2B | ||
| Q2 24 | $1.1B | $2.2B | ||
| Q1 24 | $1.2B | $2.4B |
| Q4 25 | $109.4M | $946.0M | ||
| Q3 25 | $106.8M | $148.0M | ||
| Q2 25 | $88.0M | $307.0M | ||
| Q1 25 | $73.5M | $-159.0M | ||
| Q4 24 | $103.3M | $-60.0M | ||
| Q3 24 | $136.3M | $507.0M | ||
| Q2 24 | $98.6M | $340.0M | ||
| Q1 24 | $116.2M | $338.0M |
| 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% | — |
| Q4 25 | 10.6% | 21.2% | ||
| Q3 25 | 10.4% | 13.5% | ||
| Q2 25 | 9.3% | 23.1% | ||
| Q1 25 | 7.6% | -3.7% | ||
| Q4 24 | 10.9% | 0.1% | ||
| Q3 24 | 15.2% | 24.2% | ||
| Q2 24 | 10.5% | 25.4% | ||
| Q1 24 | 9.5% | 20.7% |
| Q4 25 | 7.8% | 46.1% | ||
| Q3 25 | 7.7% | 7.3% | ||
| Q2 25 | 6.5% | 13.9% | ||
| Q1 25 | 5.6% | -6.7% | ||
| Q4 24 | 8.3% | -2.7% | ||
| Q3 24 | 11.7% | 23.3% | ||
| Q2 24 | 8.6% | 15.5% | ||
| Q1 24 | 10.0% | 14.2% |
| Q4 25 | $1.97 | $3.64 | ||
| Q3 25 | $1.91 | $0.57 | ||
| Q2 25 | $1.56 | $1.18 | ||
| Q1 25 | $1.28 | $-0.61 | ||
| Q4 24 | $1.80 | $-0.22 | ||
| Q3 24 | $2.37 | $1.92 | ||
| Q2 24 | $1.70 | $1.27 | ||
| Q1 24 | $1.97 | $1.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $280.0M |
| Total DebtLower is stronger | — | $5.2B |
| Stockholders' EquityBook value | $3.7B | $11.2B |
| Total Assets | $4.9B | $20.4B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $280.0M | ||
| Q3 25 | $1.2B | $25.0M | ||
| Q2 25 | $1.0B | $20.0M | ||
| Q1 25 | $1.2B | $8.0M | ||
| Q4 24 | $1.3B | $42.0M | ||
| Q3 24 | $2.1B | $9.0M | ||
| Q2 24 | $1.8B | $8.0M | ||
| Q1 24 | $2.0B | $5.0M |
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.2B |
| Q4 25 | $3.7B | $11.2B | ||
| Q3 25 | $3.7B | $10.2B | ||
| Q2 25 | $3.7B | $10.4B | ||
| Q1 25 | $3.6B | $10.1B | ||
| Q4 24 | $3.6B | $10.3B | ||
| Q3 24 | $3.6B | $10.7B | ||
| Q2 24 | $3.4B | $10.3B | ||
| Q1 24 | $3.5B | $10.3B |
| Q4 25 | $4.9B | $20.4B | ||
| Q3 25 | $4.8B | $19.4B | ||
| Q2 25 | $4.7B | $19.7B | ||
| Q1 25 | $4.7B | $19.6B | ||
| Q4 24 | $4.8B | $19.3B | ||
| Q3 24 | $4.5B | $19.9B | ||
| Q2 24 | $4.2B | $19.8B | ||
| Q1 24 | $4.4B | $19.8B |
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.59× | ||
| Q1 24 | — | 0.60× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $282.9M | $954.0M |
| Free Cash FlowOCF − Capex | $268.1M | $489.0M |
| FCF MarginFCF / Revenue | 19.0% | 23.8% |
| Capex IntensityCapex / Revenue | 1.1% | 22.6% |
| Cash ConversionOCF / Net Profit | 2.59× | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | $612.7M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $282.9M | $954.0M | ||
| Q3 25 | $294.7M | $812.0M | ||
| Q2 25 | $53.2M | $1.0B | ||
| Q1 25 | $24.2M | $873.0M | ||
| Q4 24 | $130.3M | $1.0B | ||
| Q3 24 | $242.0M | $1.0B | ||
| Q2 24 | $57.0M | $1.0B | ||
| Q1 24 | $129.9M | $659.0M |
| Q4 25 | $268.1M | $489.0M | ||
| Q3 25 | $286.4M | $268.0M | ||
| Q2 25 | $43.4M | $492.0M | ||
| Q1 25 | $14.8M | $256.0M | ||
| Q4 24 | $114.5M | $468.0M | ||
| Q3 24 | $237.0M | $484.0M | ||
| Q2 24 | $52.3M | $398.0M | ||
| Q1 24 | $123.2M | $68.0M |
| Q4 25 | 19.0% | 23.8% | ||
| Q3 25 | 20.5% | 13.3% | ||
| Q2 25 | 3.2% | 22.2% | ||
| Q1 25 | 1.1% | 10.8% | ||
| Q4 24 | 9.2% | 21.4% | ||
| Q3 24 | 20.3% | 22.2% | ||
| Q2 24 | 4.6% | 18.1% | ||
| Q1 24 | 10.6% | 2.8% |
| Q4 25 | 1.1% | 22.6% | ||
| Q3 25 | 0.6% | 26.9% | ||
| Q2 25 | 0.7% | 23.5% | ||
| Q1 25 | 0.7% | 26.0% | ||
| Q4 24 | 1.3% | 25.3% | ||
| Q3 24 | 0.4% | 24.7% | ||
| Q2 24 | 0.4% | 28.4% | ||
| Q1 24 | 0.6% | 24.8% |
| Q4 25 | 2.59× | 1.01× | ||
| Q3 25 | 2.76× | 5.49× | ||
| Q2 25 | 0.60× | 3.30× | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | 1.77× | 2.02× | ||
| Q2 24 | 0.58× | 3.00× | ||
| Q1 24 | 1.12× | 1.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPAM
Segment breakdown not available.
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
