ExlService Holdings, Inc.

EXLS Technology Information Technology Services

ExlService Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.1 billion, up 13.6% from fiscal 2024.

Revenue
+19.7%
EPS
+25.9%
Free cash flow
−3.65%
Total debt
+22.8%

Quarter to September 2026, against a year earlier

43.19 0.42 −0.96%
Market cap
$6.6B
P/E
25.7×
Fwd P/E
23.9×
Dividend yield
—
F-score
8/9
Altman Z
8.65
Beneish M
−2.66
Dividend safety
n/a

ExlService Holdings, Inc. (EXLS) Current ratio

Alert me on Current ratio

ExlService Holdings, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.2×, down 0.4× from fiscal 2025 (2.6×). Over the past ten years it has ranged from 1.2× (fiscal 2021) to 3.2× (fiscal 2018); the current reading is higher than 45% of that period. That is above the Information Technology Services industry median of 1.7× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.6× (6.58%)
FY2024 2.7× 31.63%
FY2023 2.1× (5.55%)
FY2022 2.2× 89.02%
FY2021 1.2× (57.68%)
FY2020 2.8× 16.78%
FY2019 2.4× (26.79%)
FY2018 3.2× 2.69%
FY2017 3.1× 2.94%
FY2016 3.0× (3.73%)

Quarterly newest first

Period Current ratio Change
Sep 2026 2.2× 73.59%
Jun 2026 1.2× (53.28%)
Mar 2026 2.7× 3.97%
Dec 2025 2.6× (11.86%)
43 more quarters

Against its own ten years

Low 1.2× High 3.2×
Ten-year median 2.7×
Current reading's percentile 45

Current ratio against peers

Company Current ratio
MAAS Maase Inc. - Sponsored ADR compare 53.1×
EPAM EPAM Systems, Inc. compare 2.8×
APLD Applied Digital Corporation compare 2.6×
EXLS ExlService Holdings, Inc. 2.2×
G Genpact Limited compare 2.0×
GDS GDS Holdings compare 1.8×
PSN Parsons Corporation compare 1.6×
INGM Ingram Micro Holding Corporation compare 1.3×
SAIC Science Applications International Corporation compare 1.2×
Information Technology Services industry median 1.7×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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