profit from every $100 of sales.
$0$100
ExlService Holdings
$43.92-0.86% today
+11.0% in 1 year
1-year low $25.221-year high $44.30
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $26.38 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What ExlService Holdings sold, what it kept, and what it did with the cash.
Sales went from $1.41 billion in 2022 to $2.09 billion in 2025, with $251 million of profit last year.
SalesProfit
ExlService Holdings handed back more cash to shareholders than it generated last year.
Buybacks $328M
Free cash flow 2025$298M
Bought back its own shares$328M
Paid as dividends–
Cash vs. debt$146M vs. $404M
ExlService Holdings vs. similar companies
ExlService Holdings grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| ExlService Holdings | 26.4× · Fair price | ||
 IBM | 22.1× · Fair price | ||
 Accenture | 17.9× · Fair price | ||
 Tata Consultancy Services | 18.2× · Fair price | ||
 Infosys | 15.1× · Fair price |
AI analysis
An AI analyst reads ExlService Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 958 | 1,122 | 1,412 | 1,631 | 1,838 | 2,088 | |
| 334 | 431 | 515 | 608 | 691 | 801 | |
| 110 | 156 | 192 | 239 | 264 | 314 | |
| – | – | 276 | 322 | 358 | 417 | |
| 89 | 115 | 143 | 185 | 198 | 251 | |
| 0.52 | 0.67 | 0.85 | 1.10 | 1.21 | 1.54 | |
| 34.9% | 38.4% | 36.5% | 37.3% | 37.6% | 38.4% | |
| 11.5% | 13.9% | 13.6% | 14.6% | 14.3% | 15.0% | |
| 9.3% | 10.2% | 10.1% | 11.3% | 10.8% | 12.0% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 1,248 | 1,283 | 1,346 | 1,442 | 1,618 | 1,702 |
| Cash | 219 | 135 | 119 | 137 | 153 | 146 |
| Total debt | 331 | 347 | 313 | 271 | 365 | 404 |
| Total liabilities | 529 | 590 | 588 | 553 | 689 | 790 |
| 719 | 693 | 758 | 889 | 930 | 913 | |
| 173 | 171 | 169 | 168 | 164 | 162 | |
| 9.5% | 11.7% | 14.6% | 17.1% | 17.1% | 20.0% | |
| 12.4% | 16.6% | 18.9% | 20.7% | 21.3% | 27.5% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 203 | 184 | 166 | 211 | 269 | 351 | |
| 42 | 37 | 45 | 53 | 46 | 53 | |
| 161 | 147 | 121 | 158 | 222 | 298 | |
| Dividends paid | – | – | – | – | – | – |
| 80 | 118 | 73 | 132 | 208 | 328 | |
| 28 | 39 | 49 | 58 | 73 | 79 |
Valuation
- 26.4×
- 19.7×
- 1.08
- 6.0×
- 3.2×
- 22.2×
- 16.5×
- 4.5%
- 3.8%
- 0.0%
Profitability
- 38.4%
- 15.0%
- 12.0%
- 20.2%
- 18.0%
- 14.9%
- 27.2%
- 15.0%
- 23.8%
- –
Growth
- +16.8%
- +24.3%
- +34.1%
- –
- −1.0%
Financial health
- 0.6×
- 0.14
- 6.3%
- 10.9×
- 2.66
- 2.66
- 1.29
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 13%of 974
Top 28%of 975
Top 40%of 729
Top 32%of 982
Top 28%of 985
What analysts expect
- Average price target
- $40.25
- Range
- $35.00 – $46.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 0.58 | 0.53 | +9.4% |
| Feb 24, 2026 | 0.50 | 0.46 | +8.7% |
| Oct 28, 2025 | 0.48 | 0.47 | +3.2% |
| Jul 29, 2025 | 0.49 | 0.45 | +8.9% |
| Apr 29, 2025 | 0.48 | 0.45 | +6.7% |
| Feb 25, 2025 | 0.44 | 0.42 | +4.8% |
| Oct 29, 2024 | 0.44 | 0.41 | +7.3% |
| Aug 1, 2024 | 0.40 | 0.39 | +2.6% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
68Pass
Benjamin Graham
57No pass
Philip Fisher
75Pass
Peter Lynch
80Pass
Joel Greenblatt
34No pass
Charlie Munger
66Pass
Terry Smith
64Pass
Questions about ExlService Holdings
Is ExlService Holdings a good stock to buy?
A solid business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ExlService Holdings AI analysis
What does ExlService Holdings do?
ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It is in Information Technology Services, based in New York, NY, United States, with 65,000 employees.
Does ExlService Holdings pay a dividend?
No. ExlService Holdings does not pay a dividend at the moment; in 2025 it returned $328 million to shareholders by buying back its own shares.
Is ExlService Holdings stock halal?
Yes. ExlService Holdings passes our halal screen: its business is permitted and its debt is 6% of its market value, under the 30% limit. How we check
How has ExlService Holdings stock done over the past year?
Up 11.0% over the past twelve months, to $43.92. It traded between $25.22 and $44.30, close to its high.
Who are ExlService Holdings's competitors?
The largest listed companies in the same industry are IBM, Accenture, Tata Consultancy Services and Infosys. The peers table on this page compares their profit, growth and price with ExlService Holdings's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.