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EXLS · Nasdaq · United States · Services-Business Services, Nec
In shortExlService Holdings, Inc. is profitable, generates cash and holds more cash than debt, with revenue growing (+13.6% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 15.0% | 67/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 12.0% | 68/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 27.2% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 20.7% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.56× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.33× | 93/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 17.82× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 7.34 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 14.3% | 77/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.19× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 5.2% | 92/100 |
| Operating margin volatility | 0.6% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 13.9% | 94/100 |
|---|---|---|
| EPS growth, 3-year average | 21.9% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,122 | 1,412 | 1,631 | 1,838 | 2,088 |
| Gross profit | 431 | 515 | 608 | 691 | 801 |
| Operating income | 156 | 192 | 239 | 264 | 314 |
| Interest expense | 7.6 | 8.3 | 13 | 19 | 18 |
| Pre-tax income | 147 | 190 | 238 | 261 | 315 |
| Income tax | 32 | 48 | 54 | 63 | 64 |
| Net income | 115 | 143 | 185 | 198 | 251 |
| Diluted EPS | $0.67 | $0.85 | $1.10 | $1.21 | $1.54 |
| Diluted shares (millions) | 171 | 169 | 168 | 164 | 162 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
7.34 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Apr 28, 2026