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) P/S ratio

Alert me on P/S ratio

As of 6 November 2026, ExlService Holdings, Inc. (EXLS) trades at a P/S ratio of 2.8×. Over the past ten years it has ranged from 1.5× (March 2020) to 4.8× (September 2022); the current reading is higher than 55% of that period. That is above the Information Technology Services industry median of 1.1× and above the Technology sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 3.3× (16.67%)
FY2024 3.9× 25.93%
FY2023 3.1× (23.37%)
FY2022 4.1× (5.93%)
FY2021 4.3× 42.11%
FY2020 3.0× 26.53%
FY2019 2.4× 17.27%
FY2018 2.1× (23.41%)
FY2017 2.7× 8.96%
FY2016 2.5× 3.25%

Quarterly newest first

Period P/S ratio Change
Sep 2026 2.2× 26.38%
Jun 2026 1.8× (19.96%)
Mar 2026 2.2× (32.71%)
Dec 2025 3.3× (6.13%)
43 more quarters

Against its own ten years

Low 1.5× High 4.8×
Ten-year median 2.7×
Current reading's percentile 51

P/S ratio against peers

Company P/S ratio
MAAS Maase Inc. - Sponsored ADR compare n/m
INGM Ingram Micro Holding Corporation compare 0.1×
PSN Parsons Corporation compare 0.8×
SAIC Science Applications International Corporation compare 0.8×
G Genpact Limited compare 1.3×
EPAM EPAM Systems, Inc. compare 1.4×
GDS GDS Holdings compare 2.5×
EXLS ExlService Holdings, Inc. 2.8×
APLD Applied Digital Corporation compare 5.2×
Information Technology Services industry median 1.1×
Technology sector median 2.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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