Genpact Limited

G Technology Information Technology Services

Genpact Limited’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 6.56% from fiscal 2024.

Revenue
+7.29%
EPS
+7.14%
Free cash flow
−70.8%
Total debt
−2.39%

Quarter to September 2026, against a year earlier

42.40 1.30 +3.16%
Market cap
$6.9B
P/E
12.3×
Fwd P/E
11.2×
Dividend yield
1.73%
F-score
6/9
Altman Z
3.32
Beneish M
−2.73
Dividend safety
92/100

Revenue by segment Fiscal 2025

  • High Tech and Manufacturing
  • Consumer and Healthcare
  • Financial Services

Every year since 2009 →

Insider Decisions last twelve months

Sold, $m 3.86
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 2 — 1 — — — — 4 1 — —
Insider Ownership 9.48%

Capital & Financial Ratios $m

Size
Market Cap 6,870.00
Revenue ttm 5,344.19
Net income ttm 588.48
Free cash flow ttm 399.57
Net debt Q 1,174.16
Valuation
P/E 12.25
Forward P/E 11.20
Price / sales 1.33
Forward P/S Powerpack
Price / FCF 21.48
Price / book 2.63
Financial health
Current ratio Q 1.95 (at or above 1.5: strong)
Debt / equity Q 0.43 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +7.29% (above 0%: growing)
Operating income growth Q +10.09% (above 0%: growing)
EPS, this year +12.88%
EPS, next year A +9.36%
Revenue, next year A +7.01%
EPS, past 5 yrs +14.80%
EPS, next 5 yrs A +11.01%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 15.51%
10-year low 10-year high
P/S against its own 10 years 9.86%
10-year low 10-year high
P/B against its own 10 years 9.57%
10-year low 10-year high
EV/Sales against its own 10 years 8.80%
10-year low 10-year high
EV/FCF against its own 10 years 66.57%
10-year low 10-year high

Dividends raised every year since 2017

Yield
1.73%
Annual rate
0.73
Payout ratio
21.4%
Growth, 2017–25
+13.9%/yr
  1. 0.24 ’17
  2. 0.30 ’18 +25
  3. 0.34 ’19 +13
  4. 0.39 ’20 +15
  5. 0.43 ’21 +10
  6. 0.50 ’22 +16
  7. 0.55 ’23 +10
  8. 0.61 ’24 +11
  9. 0.68 ’25 +11
  10. 0.74 ’26e +9
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 584 672 1,204 —
Receivables 1,116 1,199 1,241 1,622
Inventory — — — —
Other — — — —
1,892 2,080 2,656 2,338
2023 2024 2025 Q'26
Payables 28 36 28 24
ST’ Debt 442 26 376 26
Other — — — —
1,318 964 1,602 1,199

Compound Annual Growth %

10y 5y 3y
Sales 7.52% 6.49% 5.14%
Cash Flow 9.52% 6.83% 22.36%
Earnings 8.70% 12.38% 16.06%
Book Value 6.93% 6.81% 11.76%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.86 0.86 0.89 — —
’25 0.73 0.75 0.83 0.82 3.13
’24 0.64 0.67 0.74 0.79 2.85
’23 0.57 0.63 0.64 1.59 3.41
’22 0.51 0.38 0.51 0.48 1.88
’21 0.47 0.53 0.53 0.38 1.91
’20 0.44 0.32 0.43 0.38 1.57
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,296 1,343 1,385 — —
’25 1,215 1,254 1,291 1,319 5,080
’24 1,131 1,176 1,211 1,249 4,767
’23 1,089 1,106 1,136 1,146 4,477
’22 1,068 1,089 1,111 1,103 4,371
’21 946 988 1,016 1,072 4,022
’20 923 900 936 951 3,709
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (24) 72 93 — —
’25 40 177 308 287 813
’24 (26) 209 228 203 615
’23 (34) 171 162 192 491
’22 (114) 102 226 230 444
’21 77 161 210 247 694
’20 (19) 192 252 159 584
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (55) 54 84 — —
’25 18 153 289 265 724
’24 (50) 190 208 185 533
’23 (47) 159 147 173 432
’22 (132) 91 217 214 389
’21 64 151 201 227 643
’20 (43) 176 235 135 505
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 10.5% a year for ten years. It grew 9.8% a year over the last ten.

Implied
10.5%
10 years, reported
9.8%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2,571 2,737 3,001 3,521 3,709 4,022 4,371 4,477 4,767 5,080 5,344 +7.9% 5,436 5,821 6,288 +7.4%
Gross margin, % 39.54 38.56 35.96 34.82 34.81 35.60 35.15 35.08 35.45 36.04 36.88 (3.5) pt
EBT 330 321 362 399 400 483 465 602 677 730 770 +9.2%
EBT margin, % 12.82 11.71 12.06 11.35 10.80 12.01 10.64 13.45 14.20 14.37 14.41 +1.5 pt
Net income 270 263 282 305 308 369 353 631 514 552 588 +8.3%
Per share, $
Per share, $ Revenue 12.43 14.12 15.74 18.52 19.48 21.42 23.73 24.55 26.72 29.21 31.83 +10.0%
Earnings 1.30 1.36 1.48 1.60 1.62 1.97 1.92 3.46 2.88 3.18 3.46 +10.4%
Cash flow 1.67 1.85 1.78 2.25 3.07 3.70 2.41 2.69 3.45 4.67 2.55 +12.1%
Capex (0.43) (0.37) (0.84) (0.56) (0.42) (0.27) (0.29) (0.32) (0.46) (0.51) (0.17) +2.0%
Free cash flow 1.25 1.48 0.94 1.69 2.65 3.43 2.11 2.37 2.99 4.17 2.38 +14.4%
Book value 6.22 7.35 7.36 8.89 9.63 10.10 9.91 12.33 13.40 14.66 16.13 +10.0%
Shares, m 207 194 191 190 190 188 184 182 178 174 170 (1.9%)
Valuation, ×
Valuation, × P/E 18.79 23.82 18.11 26.36 25.37 26.94 24.58 10.02 14.86 14.71 12.25 20.4
P/S 1.97 2.29 1.72 2.28 2.12 2.48 1.99 1.42 1.61 1.60 1.33 1.9
P/B 3.93 4.41 3.67 4.75 4.29 5.25 4.76 2.82 3.21 3.19 2.63 4.0
EV/Sales 2.15 2.55 2.03 2.55 2.37 2.67 2.17 1.57 1.72 1.67 1.46 2.1
EV/FCF 20.91 24.35 33.83 28.02 17.41 16.67 24.33 16.26 15.41 11.70 23.46 20.9
Cash, $m
Cash, $m Operating cash flow 346 359 340 428 584 694 444 491 615 813 429 +10.0%
Capex (88) (72) (160) (107) (80) (51) (54) (59) (83) (88) (29) 0.0%
Free cash flow 258 287 180 321 505 643 389 432 533 724 400 +12.2%
Balance, $m
Balance, $m Working capital 496 595 379 641 546 613 676 574 1,116 1,054 1,139 +8.7%
Net debt 475 711 936 976 910 756 780 683 550 338 1,174 (3.7%)
Shareholders’ equity 1,287 1,424 1,404 1,689 1,834 1,897 1,826 2,248 2,390 2,549 2,709 +7.9%
Returns, %
Returns, % ROA 9.50 8.31 8.08 7.64 6.61 7.50 7.39 13.44 10.49 10.20 10.70 +0.7 pt
ROIC 12.11 9.70 9.30 10.07 9.99 11.99 12.04 13.45 14.93 16.24 12.84 +4.1 pt
ROE 20.82 19.41 19.94 19.71 17.50 19.80 18.98 30.99 22.15 22.37 22.41 +1.6 pt
People
People Employees 75,000 78,000 87,000 96,500 96,500 103,100 118,900 129,100 140,000 146,500 — +7.7%
Revenue/emp, $m 0.03 0.04 0.03 0.04 0.04 0.04 0.04 0.03 0.03 0.03 — +0.1%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026

Business profile

Updated

Genpact helps businesses run and change their operations. It manages processes for clients, advises them on how to redesign those processes, and builds or supports the technology and data systems used to carry them out. Its clients include companies in financial services, consumer goods, healthcare, high technology and manufacturing.

The company divides its offerings into Core Business Services and Advanced Technology Solutions. Core services include managed operations, technology support and decision support. For example, Genpact can process invoices, support insurance claims, manage procurement or help maintain a client’s business applications. Its decision support work uses data and analytical models to help clients with functions such as supply chains and financial planning.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
High Tech and Manufacturing 1,998 39.34%
Consumer and Healthcare 1,725 33.95%
Financial Services 1,357 26.71%
Gross margin 36.04%
Operating margin 14.77%
Pre-tax margin 14.37%

Revenue by segment since 2009

Genpact Limited vs peers in Information Technology Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
EPAM EPAM Systems, Inc. $8.6B 19.8× 16.8× +2.30% (above 0%: growing) +31.97% (above 0%: growing) −4.27% (below 0%: shrinking) 31.26% 12.33% Compare
G Genpact Limited $6.9B 12.3× 11.2× +7.29% (above 0%: growing) +7.14% (above 0%: growing) −70.83% (below 0%: shrinking) 38.02% 15.23%
EXLS ExlService Holdings, Inc. $6.6B 25.7× 23.9× +19.71% (above 0%: growing) +25.86% (above 0%: growing) −3.65% (below 0%: shrinking) 38.04% 14.02% Compare
SAIC Science Applications International Corporation $6.2B 16.9× 18.0× +6.27% (above 0%: growing) −11.40% (below 0%: shrinking) +13.91% (above 0%: growing) 12.71% 8.09% Compare
INGM Ingram Micro Holding Corporation $5.6B 12.8× 12.9× +20.76% (above 0%: growing) +35.71% (above 0%: growing) +220.66% (above 0%: growing) 6.55% 1.93% Compare
PSN Parsons Corporation $5.3B 32.3× 30.6× +1.78% (above 0%: growing) +6.03% (above 0%: growing) +67.52% (above 0%: growing) 23.15% 6.29% Compare
MAAS Maase Inc. - Sponsored ADR $4.6B — (loss-making) — (loss-making) −60.12% (below 0%: shrinking) +62.50% (above 0%: growing) +82.86% (above 0%: growing) 0.00% 0.00% Compare
APLD Applied Digital Corporation $4.3B — (loss-making) — (loss-making) +322.41% (above 0%: growing) n/m −506.67% (below 0%: shrinking) 15.30% (18.25%) Compare
GDS GDS Holdings $4.3B 8.2× 7.4× +12.41% (above 0%: growing) n/m +142.21% (above 0%: growing) 21.51% 14.22% Compare
Median of peers $5.5B 18.3× 17.4× +9.34% +28.92% +40.72% 18.41% 7.19%

All 81 Information Technology Services stocks →

Pay and ownership Proxy statement filed 11 March 2026

Ownership

Directors and executive officers, together 1.58%
FMR, LLC 11.85%
The Vanguard Group 9.99%
BlackRock, Inc 9.33%
Nalanda India Equity Fund Limited 7.74%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Genpact Limited (G) Latest News

6 Nov

Impact 4 · · The Motley Fool transcript
Impact 3 · · MarketBeat transcript

5 Nov

Impact 3 · · PR Newswire

29 Oct

22 Oct

Impact 4 · · Simply Wall St.

2 Sep

8 Aug

Impact 3 · · MarketBeat transcript

G metrics, ten years each

stockrow.com/G · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com