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. In the quarter to June 2026, revenue grew 7.10%, EPS grew 13.2%, free cash flow fell 64.9% and total debt fell 8.80%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.

37.26 0.33 −0.88%
Market cap
$6.3B
P/E
11.0×
Fwd P/E
9.2×
Dividend yield
1.97%
F-score
6/9
Altman Z
3.32
Beneish M
−2.73
Dividend safety
92/100

Insider Decisions trades per month

Total sells 8.11
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 4 — 2 — 1 — — — — 4 1 —
Insider Ownership 10.09%

Capital & Financial Ratios $m

Market Cap 6,290.00
Revenue 5,250.05
Net Income 582.65
Free Cash Flow 552.42
Net Debt 662.87
Current Ratio 2.00 (at or above 1.5: strong)
Debt/Equity 0.45 (at or below 0.5: strong)
P/E ratio 10.96
Fwd P/E 9.19
P/S ratio 1.20
P/B ratio 2.42
Past 5Y EPS Growth 14.80%
This Y EPS Growth 12.90%
Next Y EPS Growth 9.48%
Next Y revenue growth 7.03%
Next 5Y EPS Growth 11.06%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 12.20%
10-year low 10-year high
P/S against its own 10 years 4.42%
10-year low 10-year high
P/B against its own 10 years 4.61%
10-year low 10-year high
EV/Sales against its own 10 years 4.50%
10-year low 10-year high
EV/FCF against its own 10 years 8.33%
10-year low 10-year high

Dividends

Payout Ratio 0.22
Annual Dividend Rate 0.73
Annual Dividend Yield 1.97%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.74
0.19
0.19
0.19
2025 0.68
0.17
0.17
0.17
0.17
2024 0.61
0.15
0.15
0.15
0.15
2023 0.55
0.14
0.14
0.14
0.14
2022 0.50
0.13
0.13
0.13
0.13
2021 0.43
0.11
0.11
0.11
0.11
2020 0.39
0.10
0.10
0.10
0.10
2019 0.34
0.09
0.09
0.09
0.09
2018 0.30
0.08
0.08
0.08
0.08
2017 0.24
0.06
0.06
0.06
0.06
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 584 672 1,204 517
Receivables 1,116 1,199 1,241 1,403
Inventory — — — —
Other — — — —
1,892 2,080 2,656 2,171
2023 2024 2025 Q'26
Payables 28 36 28 16
ST’ Debt 442 26 376 26
Other — — — —
1,318 964 1,602 1,088

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%

Revenue $m

Mar Jun Sep Dec Year
’26 1,296 1,343 — — —
’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 — — —
’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 — — —
’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.

EPS $

Mar Jun Sep Dec Year
’26 0.86 0.86 — — —
’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.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 22.58 23.34 25.48 26.23 19.41 38.28 37.68 29.41 30.23 37.49

Analyst estimates 2026–2028

Powerpack
High 28.52 32.80 34.79 44.55 45.20 53.95 54.03 48.58 47.98 56.76
People
People Employees 75,000 78,000 87,000 96,500 96,500 103,100 118,900 129,100 140,000 146,500
Revenue/emp, $m 0.03 0.04 0.03 0.04 0.04 0.04 0.04 0.03 0.03 0.03
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
Gross margin, % 39.54 38.56 35.96 34.82 34.81 35.60 35.15 35.08 35.45 36.04
EBT 330 321 362 399 400 483 465 602 677 730
EBT margin, % 12.82 11.71 12.06 11.35 10.80 12.01 10.64 13.45 14.20 14.37
Net income 270 263 282 305 308 369 353 631 514 552
Depreciation 83 97 108 130 162 170 132 106 99 97
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
Earnings 1.30 1.36 1.48 1.60 1.62 1.97 1.92 3.46 2.88 3.18
Cash flow 1.67 1.85 1.78 2.25 3.07 3.70 2.41 2.69 3.45 4.67
Capex (0.43) (0.37) (0.84) (0.56) (0.42) (0.27) (0.29) (0.32) (0.46) (0.51)
Free cash flow 1.25 1.48 0.94 1.69 2.65 3.43 2.11 2.37 2.99 4.17
Book value 6.22 7.35 7.36 8.89 9.63 10.10 9.91 12.33 13.40 14.66
Shares, m 207 194 191 190 190 188 184 182 178 174
Valuation, ×
Valuation, × P/E 18.79 23.82 18.11 26.36 25.37 26.94 24.58 10.02 14.86 14.71
P/S 1.97 2.29 1.72 2.28 2.12 2.48 1.99 1.42 1.61 1.60
P/B 3.93 4.41 3.67 4.75 4.29 5.25 4.76 2.82 3.21 3.19
EV/Sales 2.15 2.55 2.03 2.55 2.37 2.67 2.17 1.57 1.72 1.67
EV/FCF 20.91 24.35 33.83 28.02 17.41 16.67 24.33 16.26 15.41 11.70
Cash, $m
Cash, $m Operating cash flow 346 359 340 428 584 694 444 491 615 813
Capex (88) (72) (160) (107) (80) (51) (54) (59) (83) (88)
Free cash flow 258 287 180 321 505 643 389 432 533 724
Balance, $m
Balance, $m Working capital 496 595 379 641 546 613 676 574 1,116 1,054
Total debt 897 1,216 1,304 1,443 1,591 1,656 1,426 1,267 1,221 1,542
Net debt 475 711 936 976 910 756 780 683 550 338
Shareholders’ equity 1,287 1,424 1,404 1,689 1,834 1,897 1,826 2,248 2,390 2,549
Returns, %
Returns, % ROA 9.50 8.31 8.08 7.64 6.61 7.50 7.39 13.44 10.49 10.20
ROIC 12.11 9.70 9.30 10.07 9.99 11.99 12.04 13.45 14.93 16.24
ROE 20.82 19.41 19.94 19.71 17.50 19.80 18.98 30.99 22.15 22.37
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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. $6.3B 16.5× 11.8× +4.53% (above 0%: growing) +26.28% (above 0%: growing) −140.67% (below 0%: shrinking) 30.36% 10.76% Compare
G Genpact Limited $6.3B 11.0× 9.2× +7.10% (above 0%: growing) +13.16% (above 0%: growing) −64.88% (below 0%: shrinking) 36.50% 14.36%
INGM Ingram Micro Holding Corporation $6.2B 14.5× 14.0× +13.58% (above 0%: growing) +200.00% (above 0%: growing) −69.92% (below 0%: shrinking) 6.60% 1.62% Compare
APLD Applied Digital Corporation $6.2B — (loss-making) — (loss-making) +432.38% (above 0%: growing) n/m −506.67% (below 0%: shrinking) 15.30% (18.25%) Compare
EXLS ExlService Holdings, Inc. $5.9B 24.9× 17.5× +15.61% (above 0%: growing) +2.44% (above 0%: growing) −22.73% (below 0%: shrinking) 37.99% 14.68% Compare
SAIC Science Applications International Corporation $5.6B 15.4× 14.6× +6.27% (above 0%: growing) −11.40% (below 0%: shrinking) +13.91% (above 0%: growing) 12.71% 8.09% Compare
GDS GDS Holdings $4.9B 8.5× 26.4× +12.41% (above 0%: growing) n/m +142.21% (above 0%: growing) 21.51% 14.22% Compare
PSN Parsons Corporation $4.7B 30.0× 25.4× −0.53% (below 0%: shrinking) n/m −72.44% (below 0%: shrinking) 18.73% 0.08% Compare
CIFR Cipher Digital Inc. $4.2B — (loss-making) — (loss-making) −42.99% (below 0%: shrinking) n/m −255.68% (below 0%: shrinking) 39.42% (316.21%) Compare
Median of peers $5.8B 16.0× 16.1× +9.34% +14.36% −71.18% 20.12% 4.85%

All 73 Information Technology Services stocks →

Genpact Limited (G) key facts

  • Strength: Genpact Limited’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 6.56% from fiscal 2024.
  • Strength: Net income was $552.5 million, or $3.18 per share (basic), a net margin of 10.9%.
  • Genpact Limited (G) is an Information Technology Services company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, G traded at $37.26, a market capitalization of $6.3 billion.
  • At that price the stock trades at 11.0× trailing-twelve-month earnings and 1.2× sales; its P/E is higher than 12% of its own readings over the past ten years.
  • Genpact Limited pays an annual dividend of $0.73 per share, a yield of 1.97%, with a payout ratio of 21.7%.
  • Return on equity was 22.4% and debt-to-equity 0.45.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.32 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Genpact Limited (G) Latest News

stockrow.com/G · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com