ExlService Holdings (EXLS) Debt Ratio (2011 - 2026)
ExlService Holdings' (EXLS) Debt Ratio came in at 0.25 for Q3 2026, up 20.4% from 0.20 a year earlier and up 13.0% from the prior quarter.
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Analysis
ExlService Holdings (EXLS) Debt Ratio (2011 - 2026) Analysis & Trends
For FY2025, ExlService Holdings' Debt Ratio stood at 0.18, down 1.6% from FY2024.
- In prior years, ExlService Holdings' Debt Ratio was 0.18 in FY2024 (+28.5%), 0.14 in FY2023 (-25.3%), 0.19 in FY2022 (-8.4%) and 0.20 in FY2021 (+11.4%).
- Quarterly Debt Ratio has run from a low of 0.14 in Q4 2023 to a high of 0.25 in Q1 2026 over five years.
- On a year-over-year basis, Debt Ratio has increased in each of the last three quarters, with growth averaging 8.4% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q2 2022, with growth of 67.2%; the weakest was Q1 2023, with a decline of 34.0%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.22 (Q2 2026), 0.25 (Q1 2026) and 0.18 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | -78.45 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 29.66 Bn | 23.62 Bn | 1.91 Bn | 0.07 |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 0.14 |
| 4 | Cdw | 20.57 Bn | 17.47 Bn | 1.39 Bn | 0.36 |
| 5 | Cgi | 18.42 Bn | 16.22 Bn | - | 0.74 |
| 6 | Td Synnex | 18.09 Bn | 12.24 Bn | 1.43 Bn | 0.13 |
| 7 | Arrow Electronics | 9.84 Bn | 8.79 Bn | 1.13 Bn | 0.06 |
| 8 | EPAM Systems | 8.02 Bn | 3.93 Bn | 445.94 Mn | 0.01 |
| 9 | Avnet | 6.99 Bn | 6.17 Bn | 865.03 Mn | 0.21 |
| 10 | ExlService Holdings | 6.58 Bn | 5.38 Bn | 241.14 Mn | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.25 |
| Jun 30, 2026 | 0.22 |
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.18 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.21 |
| Jun 30, 2024 | 0.22 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.20 |
API Access
ExlService Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=EXLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "EXLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();