Exl Service Holdings, Inc. - Understand $exls stock

$EXLS Market Cap: $7.441 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.771B

TTM

Gross Margin

37.22%

TTM

Net Earnings

$187.9M

TTM

Current Assets

$767.7M

Q3 2024

Current Liabilities

$254.2M

Q3 2024

Current Ratio

302.02%

Q3 2024

Total Assets

$1.610B

Q3 2024

Total Liabilities

$702.3M

Q3 2024

Book Value

$907.6M

Q3 2024

Cash

$150.1M

Q3 2024

P/E

39.60

Nov 29, 2024 EST

Free Cash Flow

$194.3M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$1.631B	$1.412B	$1.122B	$958.4M	$991.3M	$883.1M	$762.3M	$686.0M	$628.5M	$499.3M	$478.5M	$442.9M	$360.5M	$252.8M	$191.0M	$181.7M	$152.0M	$98.70M	$74.00M	$60.50M	$27.80M
YoY Change	15.48%	25.82%	17.1%	-3.32%	12.26%	15.85%	11.13%	9.15%	25.88%	4.35%	8.02%	22.85%	42.62%	32.36%	5.12%	19.54%	54.0%	33.38%	22.31%	117.63%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$1.631B	$1.412B	$1.122B	$958.4M	$991.3M	$883.1M	$762.3M	$686.0M	$628.5M	$499.3M	$478.5M	$442.9M	$360.5M	$252.8M	$191.0M	$181.7M	$152.0M	$98.70M	$74.00M	$60.50M	$27.80M
Cost Of Revenue	$1.023B	$896.6M	$690.9M	$623.9M	$655.5M	$584.9M	$495.6M	$448.0M	$402.9M	$332.5M	$290.9M	$271.9M	$220.0M	$151.3M	$109.4M	$112.4M	$100.1M	$62.60M	$47.60M	$38.70M	$18.40M
Gross Profit	$607.8M	$515.4M	$431.4M	$334.5M	$335.9M	$298.3M	$267.2M	$238.3M	$225.6M	$166.7M	$187.5M	$171.1M	$140.6M	$101.5M	$81.60M	$69.30M	$51.90M	$36.10M	$26.40M	$21.80M	$9.300M
Gross Profit Margin	37.27%	36.5%	38.44%	34.9%	33.88%	33.77%	35.05%	34.73%	35.89%	33.4%	39.19%	38.62%	38.98%	40.15%	42.72%	38.14%	34.14%	36.58%	35.68%	36.03%	33.45%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$318.5M	$267.0M	$226.3M	$174.0M	$198.8M	$179.8M	$155.9M	$139.2M	$126.8M	$104.7M	$95.17M	$88.20M	$76.24M	$59.10M	$45.80M	$42.50M	$37.90M	$23.40M	$14.90M	$12.50M	$9.000M
YoY Change	19.29%	17.96%	30.07%	-12.45%	10.53%	15.34%	12.0%	9.8%	21.11%	9.98%	7.91%	15.68%	29.01%	29.04%	7.76%	12.14%	61.97%	57.05%	19.2%	38.89%
% of Gross Profit	52.41%	51.8%	52.47%	52.02%	59.18%	60.29%	58.35%	58.42%	56.2%	62.78%	50.76%	51.56%	54.24%	58.23%	56.13%	61.33%	73.03%	64.82%	56.44%	57.34%	96.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$50.28M	$56.10M	$49.66M	$50.51M	$52.19M	$48.72M	$38.98M	$34.58M	$31.47M	$28.03M	$24.92M	$25.62M	$22.99M	$15.80M	$11.40M	$11.20M	$9.200M	$7.100M	$5.900M	$3.900M	$400.0K
YoY Change	-10.38%	12.98%	-1.7%	-3.22%	7.13%	24.97%	12.74%	9.9%	12.26%	12.49%	-2.76%	11.43%	45.53%	38.6%	1.79%	21.74%	29.58%	20.34%	51.28%	875.0%
% of Gross Profit	8.27%	10.88%	11.51%	15.1%	15.54%	16.33%	14.59%	14.51%	13.95%	16.81%	13.29%	14.98%	16.36%	15.57%	13.97%	16.16%	17.73%	19.67%	22.35%	17.89%	4.3%
Operating Expenses	$369.0M	$323.3M	$275.5M	$224.5M	$259.4M	$248.4M	$194.4M	$173.8M	$158.2M	$132.7M	$120.1M	$113.8M	$99.24M	$74.90M	$57.20M	$53.60M	$47.10M	$30.60M	$20.80M	$16.50M	$9.500M
YoY Change	14.14%	17.35%	22.72%	-13.46%	4.41%	27.77%	11.89%	9.82%	19.24%	10.5%	5.51%	14.7%	32.49%	30.94%	6.72%	13.8%	53.92%	47.12%	26.06%	73.68%
Operating Profit	$238.8M	$192.2M	$155.9M	$110.0M	$76.45M	$49.82M	$72.73M	$64.50M	$67.34M	$34.04M	$67.42M	$57.23M	$41.32M	$26.60M	$24.40M	$15.70M	$4.800M	$5.500M	$5.600M	$5.300M	-$200.0K
YoY Change	24.25%	23.27%	41.68%	43.91%	53.46%	-31.49%	12.76%	-4.23%	97.83%	-49.51%	17.8%	38.52%	55.33%	9.02%	55.41%	227.08%	-12.73%	-1.79%	5.66%	-2750.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Interest Expense	$13.18M	$8.252M	$7.561M	$11.19M	$13.61M	$7.227M	$1.889M	$1.343M	$1.338M	$369.0K	$564.0K	-$500.0K	$5.300M	$5.600M	-$4.900M	-$5.900M	$11.80M	$800.0K	$800.0K	$100.0K	$100.0K
YoY Change	59.72%	9.14%	-32.43%	-17.79%	88.35%	282.58%	40.66%	0.37%	262.6%	-34.57%	-212.8%	-109.43%	-5.36%	-214.29%	-16.95%	-150.0%	1375.0%	0.0%	700.0%	0.0%
% of Operating Profit	5.52%	4.29%	4.85%	10.17%	17.8%	14.51%	2.6%	2.08%	1.99%	1.08%	0.84%	-0.87%	12.83%	21.05%	-20.08%	-37.58%	245.83%	14.55%	14.29%	1.89%
Other Income/Expense, Net	-$814.0K	-$2.063M	-$9.320M	$5.307M	$6.647M	$10.55M	$12.31M	$19.39M	$8.433M	$3.598M	-$2.443M	-$512.0K	$1.957M
YoY Change	-60.54%	-77.86%	-275.62%	-20.16%	-36.99%	-14.3%	-36.52%	129.92%	134.38%	-247.28%	377.15%	-126.16%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$237.9M	$190.1M	$146.6M	$115.3M	$83.10M	$60.37M	$85.03M	$83.88M	$75.78M	$37.64M	$64.98M	$56.72M	$6.012M	$32.10M	$19.50M	$9.800M	$16.60M	$6.400M	$6.400M	$5.400M	$0.00
YoY Change	25.17%	29.71%	27.08%	38.78%	37.65%	-29.0%	1.37%	10.7%	101.33%	-42.07%	14.56%	843.45%	-81.27%	64.62%	98.98%	-40.96%	159.38%	0.0%	18.52%
Income Tax	$53.54M	$47.57M	$31.85M	$25.63M	$15.17M	$3.397M	$36.15M	$22.15M	$24.21M	$5.193M	$16.88M	$14.88M	$11.87M	$5.500M	$3.700M	-$1.300M	-$1.000M	-$400.0K	-$600.0K	$0.00	$800.0K
% Of Pretax Income	22.5%	25.02%	21.73%	22.22%	18.26%	5.63%	42.51%	26.41%	31.95%	13.8%	25.98%	26.24%	197.41%	17.13%	18.97%	-13.27%	-6.02%	-6.25%	-9.38%	0.0%
Net Earnings	$184.6M	$143.0M	$114.8M	$89.48M	$67.66M	$56.73M	$48.89M	$61.73M	$51.57M	$32.45M	$48.10M	$41.84M	$34.78M	$26.60M	$15.70M	$14.40M	$27.00M	$14.10M	$7.100M	$5.400M	-$800.0K
YoY Change	29.09%	24.58%	28.26%	32.25%	19.27%	16.03%	-20.81%	19.72%	58.93%	-32.54%	14.97%	20.29%	30.75%	69.43%	9.03%	-46.67%	91.49%	98.59%	31.48%	-775.0%
Net Earnings / Revenue	11.32%	10.12%	10.23%	9.34%	6.82%	6.42%	6.41%	9.0%	8.2%	6.5%	10.05%	9.45%	9.65%	10.52%	8.22%	7.93%	17.76%	14.29%	9.59%	8.93%	-2.88%
Basic Earnings Per Share	$1.11	$4.29	$3.42	$2.61	$1.97	$1.65	$1.44	$1.84	$1.55	$0.99	$1.47	$1.31	$1.15
Diluted Earnings Per Share	$1.10	$4.23	$3.35	$2.59	$1.95	$1.62	$1.39	$1.79	$1.51	$0.96	$1.42	$1.26	$1.10	$875.0K	$534.0K	$493.2K	$924.7K	$613.0K	$328.7K	$248.8K	-$40.82K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Cash & Short-Term Investments	$290.8M	$297.7M	$313.9M	$402.8M	$321.4M	$280.4M	$265.3M	$226.6M	$219.0M	$188.1M	$154.1M	$109.2M	$90.30M	$114.3M	$136.2M	$112.3M	$101.7M	$85.40M	$24.20M	$18.80M
YoY Change	-2.31%	-5.15%	-22.08%	25.33%	14.62%	5.69%	17.08%	3.47%	16.43%	22.06%	41.12%	20.93%	-21.0%	-16.08%	21.28%	10.42%	19.09%	252.89%	28.72%
Cash & Equivalents	$137.0M	$118.7M	$135.3M	$218.5M	$119.2M	$95.90M	$86.80M	$213.2M	$205.3M	$176.5M	$148.1M	$103.0M	$82.40M	$111.2M	$132.2M	$112.2M	$101.4M	$85.40M	$24.20M	$18.80M
Short-Term Investments	$153.9M	$179.0M	$178.5M	$184.3M	$202.2M	$184.5M	$178.5M	$13.50M	$13.70M	$11.60M	$6.000M	$6.100M	$7.900M	$3.100M	$4.000M	$200.0K	$300.0K	$0.00
Other Short-Term Assets	$57.52M	$37.30M	$48.34M	$37.30M	$32.30M	$54.80M	$51.90M	$39.10M	$27.60M	$34.10M	$22.50M	$24.50M	$20.90M	$15.90M	$6.700M	$11.70M	$22.40M	$9.000M	$3.900M	$3.100M
YoY Change	54.19%	-22.83%	29.6%	15.48%	-41.06%	5.59%	32.74%	41.67%	-19.06%	51.56%	-8.16%	17.22%	31.45%	137.31%	-42.74%	-47.77%	148.89%	130.77%	25.81%
Inventory	$1.883M	$1.944M	$1.464M	$3.900M	$1.600M
Prepaid Expenses
Receivables	$310.9M	$260.1M	$196.4M	$149.6M	$173.3M	$164.8M	$135.7M	$113.1M	$92.70M	$80.20M	$76.10M	$72.40M	$55.70M	$44.20M	$34.90M	$33.70M	$38.90M	$27.10M	$14.80M	$10.50M
Other Receivables	$18.50M	$15.72M	$18.02M	$15.70M	$12.60M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$200.0K	$200.0K	$600.0K	$300.0K	$200.0K
Total Short-Term Assets	$679.7M	$612.8M	$578.1M	$609.3M	$541.3M	$499.9M	$452.8M	$378.8M	$339.2M	$302.4M	$252.6M	$206.1M	$166.8M	$174.3M	$177.8M	$157.9M	$163.1M	$122.0M	$43.30M	$32.60M
YoY Change	10.91%	5.99%	-5.11%	12.56%	8.28%	10.4%	19.54%	11.67%	12.17%	19.71%	22.56%	23.56%	-4.3%	-1.97%	12.6%	-3.19%	33.69%	181.76%	32.82%
Property, Plant & Equipment	$165.2M	$138.2M	$162.7M	$184.8M	$165.5M	$73.50M	$66.80M	$49.00M	$48.00M	$45.40M	$34.60M	$39.40M	$42.30M	$34.70M	$24.00M	$24.50M	$24.10M	$21.50M	$16.20M	$14.90M
YoY Change	19.58%	-15.07%	-11.96%	11.66%	125.17%	10.03%	36.33%	2.08%	5.73%	31.21%	-12.18%	-6.86%	21.9%	44.58%	-2.04%	1.66%	12.09%	32.72%	8.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.430M	$34.78M	$3.004M	$3.000M	$2.500M	$2.800M	$3.000M
YoY Change	-87.26%	1057.76%	0.13%	20.0%	-10.71%	-6.67%
Other Assets	$130.0M	$88.05M	$52.65M	$42.10M	$50.30M	$40.30M	$49.50M	$38.10M	$39.30M	$39.20M	$34.70M	$38.70M	$39.70M	$34.70M	$27.60M	$12.00M	$14.00M	$2.600M	$3.100M	$2.900M
YoY Change	47.64%	67.25%	25.05%	-16.3%	24.81%	-18.59%	29.92%	-3.05%	0.26%	12.97%	-10.34%	-2.52%	14.41%	25.72%	130.0%	-14.29%	438.46%	-16.13%	6.9%
Total Long-Term Assets	$762.3M	$733.3M	$704.8M	$638.6M	$641.8M	$562.0M	$372.7M	$327.7M	$311.6M	$271.2M	$210.8M	$229.8M	$210.6M	$131.4M	$71.80M	$54.10M	$55.30M	$42.80M	$19.30M	$17.80M
YoY Change	3.95%	4.05%	10.36%	-0.5%	14.2%	50.79%	13.73%	5.17%	14.9%	28.65%	-8.27%	9.12%	60.27%	83.01%	32.72%	-2.17%	29.21%	121.76%	8.43%
Total Assets	$1.442B	$1.346B	$1.283B	$1.248B	$1.183B	$1.062B	$825.5M	$706.5M	$650.8M	$573.6M	$463.4M	$435.9M	$377.4M	$305.7M	$249.6M	$212.0M	$218.4M	$164.8M	$62.60M	$50.40M
YoY Change
Accounts Payable	$5.055M	$7.789M	$6.873M	$7.000M	$6.600M	$5.700M	$5.900M	$3.300M	$6.400M	$4.700M	$4.700M	$3.600M	$4.300M	$4.900M	$5.300M	$3.400M	$6.400M	$3.200M	$1.400M	$1.800M
YoY Change	-35.1%	13.33%	-1.81%	6.06%	15.79%	-3.39%	78.79%	-48.44%	36.17%	0.0%	30.56%	-16.28%	-12.24%	-7.55%	55.88%	-46.88%	100.0%	128.57%	-22.22%
Accrued Expenses	$192.8M	$175.4M	$184.8M	$135.7M	$148.9M	$99.60M	$98.90M	$81.50M	$70.80M	$62.10M	$50.00M	$49.50M	$43.00M	$34.10M	$27.60M	$32.60M	$30.00M	$24.60M	$9.300M	$8.000M
YoY Change	9.9%	-5.1%	36.21%	-8.87%	49.5%	0.71%	21.35%	15.11%	14.01%	24.2%	1.01%	15.12%	26.1%	23.55%	-15.34%	8.67%	21.95%	164.52%	16.25%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$65.00M	$30.16M	$260.2M	$25.20M	$41.10M	$21.60M	$10.60M	$10.20M	$10.40M	$800.0K	$1.100M	$1.700M	$1.700M	$200.0K	$100.0K	$100.0K	$100.0K	$200.0K	$200.0K	$200.0K
YoY Change	115.49%	-88.41%	932.37%	-38.69%	90.28%	103.77%	3.92%	-1.92%	1200.0%	-27.27%	-35.29%	0.0%	750.0%	100.0%	0.0%	0.0%	-50.0%	0.0%	0.0%
Total Short-Term Liabilities	$326.4M	$277.9M	$495.7M	$221.1M	$229.3M	$155.1M	$144.2M	$124.2M	$107.1M	$91.00M	$76.10M	$74.30M	$72.20M	$47.90M	$38.30M	$39.10M	$43.60M	$37.00M	$19.30M	$14.20M
YoY Change	17.43%	-43.93%	124.19%	-3.58%	47.84%	7.56%	16.1%	15.97%	17.69%	19.58%	2.42%	2.91%	50.73%	25.07%	-2.05%	-10.32%	17.84%	91.71%	35.92%
Long-Term Debt	$135.6M	$220.4M	$229.0K	$202.2M	$194.6M	$263.6M	$50.70M	$35.30M	$60.30M	$50.60M	$1.400M	$2.700M	$4.200M	$400.0K	$100.0K	$200.0K	$300.0K	$200.0K	$5.800M	$5.800M
YoY Change	-38.46%	96124.89%	-99.89%	3.91%	-26.18%	419.92%	43.63%	-41.46%	19.17%	3514.29%	-48.15%	-35.71%	950.0%	300.0%	-50.0%	-33.33%	50.0%	-96.55%	0.0%
Other Long-Term Liabilities	$89.02M	$89.09M	$92.87M	$104.5M	$88.20M	$16.50M	$29.80M	$14.80M	$17.70M	$12.90M	$19.80M	$14.30M	$22.50M	$8.800M	$5.400M	$1.400M	$600.0K	$300.0K	$400.0K
YoY Change	-0.08%	-4.07%	-11.13%	18.48%	434.55%	-44.63%	101.35%	-16.38%	37.21%	-34.85%	38.46%	-36.44%	155.68%	62.96%	285.71%	133.33%	100.0%	-25.0%
Total Long-Term Liabilities	$224.6M	$309.4M	$93.10M	$306.7M	$282.8M	$280.1M	$80.50M	$50.10M	$78.00M	$63.50M	$21.20M	$17.00M	$26.70M	$9.200M	$5.500M	$1.600M	$900.0K	$500.0K	$6.200M	$5.800M
YoY Change	-27.41%	232.39%	-69.65%	8.45%	0.96%	247.95%	60.68%	-35.77%	22.83%	199.53%	24.71%	-36.33%	190.22%	67.27%	243.75%	77.78%	80.0%	-91.94%	6.9%
Total Liabilities	$552.5M	$587.9M	$589.7M	$528.7M	$513.1M	$443.9M	$225.6M	$174.5M	$185.2M	$154.4M	$97.30M	$91.40M	$99.00M	$57.20M	$43.90M	$40.60M	$44.40M	$37.60M	$25.60M	$20.00M
YoY Change	-6.02%	-0.31%	11.55%	3.04%	15.59%	96.76%	29.28%	-5.78%	19.95%	58.68%	6.46%	-7.68%	73.08%	30.3%	8.13%	-8.56%	18.09%	46.88%	28.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	166.3M shares	33.33M shares	33.55M shares	34.27M shares	34.35M shares	34.45M shares	33.90M shares	33.57M shares	33.30M shares	32.80M shares	32.75M shares	31.97M shares	30.26M shares
Diluted Shares Outstanding	168.2M shares	33.83M shares	34.24M shares	34.56M shares	34.73M shares	35.03M shares	35.11M shares	34.56M shares	34.18M shares	33.64M shares	33.84M shares	33.17M shares	31.55M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $7.4408 Billion

About ExlService Holdings, Inc.

ExlService Holdings, Inc. is an operations management and analytics company, which engages in providing business process management. The company is headquartered in New York City, New York and currently employs 57,000 full-time employees. The company went IPO on 2006-10-20. The firm partners with clients using a data and artificial intelligence (AI)-led approach. The Company’s segments include Insurance, Healthcare, Analytics and Emerging Business. Insurance segment serves property and casualty insurance, life insurance, disability insurance, insurance brokers, reinsurers, annuity and retirement services and insurance technology companies. Healthcare segment primarily serves United States-based healthcare payers, providers and pharmacy benefit managers organizations. Emerging Business segment provides data and AI-led enterprise solutions in the areas of finance and accounting, customer experience management and revenue enhancement to clients primarily in the banking and capital markets, utilities, retail and consumer packaged goods, technology, media, and telecom, travel and leisure, manufacturing, transportation and logistics and business services industries.

Industry: Services-Business Services, NEC Peers: Affirm Holdings, Inc. Concentrix Corp EURONET WORLDWIDE, INC. Marqeta, Inc. MAXIMUS, INC. Shift4 Payments, Inc. Toast, Inc. VISA INC. Western Union CO WEX Inc.