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Friday 6 November 2026 Export EXLS’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

ExlService Holdings, Inc. (EXLS) EV/FCF

Alert me on EV/FCF

As of 6 November 2026, ExlService Holdings, Inc. (EXLS) trades at a EV/FCF of 24.8×. Over the past ten years it has ranged from 10.7× (March 2020) to 50.1× (June 2022); the current reading is higher than 45% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 22.8× (29.29%)
FY2024 32.2× 2.59%
FY2023 31.4× (33.04%)
FY2022 46.8× 42.96%
FY2021 32.8× 93.50%
FY2020 16.9× (5.29%)
FY2019 17.9× (48.66%)
FY2018 34.8× 48.11%
FY2017 23.5× 19.89%
FY2016 19.6× 3.61%

Quarterly newest first

Period EV/FCF Change
Sep 2026 19.8× 22.92%
Jun 2026 16.1× (2.29%)
Mar 2026 16.5× (27.45%)
Dec 2025 22.8× (7.70%)
43 more quarters

Against its own ten years

Low 10.7× High 50.1×
Ten-year median 26.2×
Current reading's percentile 48

EV/FCF against peers

Company EV/FCF
GDS GDS Holdings compare −80.0×
APLD Applied Digital Corporation compare −1.7×
MAAS Maase Inc. - Sponsored ADR compare 0.0×
SAIC Science Applications International Corporation compare 13.8×
PSN Parsons Corporation compare 15.1×
EPAM EPAM Systems, Inc. compare 15.4×
G Genpact Limited compare 23.5×
EXLS ExlService Holdings, Inc. 24.8×
INGM Ingram Micro Holding Corporation compare 56.7×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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