ExlService Holdings (EXLS) Debt Ratio (2011 - 2026)

ExlService Holdings' (EXLS) quarterly Debt Ratio came in at 0.25 in Q1 2026, up 35.28% year-on-year from 0.19 in Q1 2025, and up 41.28% quarter-over-quarter from 0.18 in Q4 2025.

ExlService Holdings (EXLS) Debt Ratio (2011 - 2026) Analysis & Trends

ExlService Holdings' Debt Ratio history runs 14 years deep, the most recent figure standing at 0.25 for Q1 2026.

  • On a quarterly basis, Debt Ratio rose 35.28% year-over-year to 0.25 in Q1 2026; TTM through Mar 2026 was 0.25, a 35.28% increase from a year earlier, with the FY2025 full-year figure at 0.18, down 1.65% from the prior year.
  • Debt Ratio climbed to 0.25 in Q1 2026 per EXLS's latest filing, from 0.18 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.26 in Q1 2022 and bottomed at 0.15 in Q3 2023.
  • The 5-year median for Debt Ratio is 0.19 (2025), against an average of 0.2.
  • Across the five-year window, Debt Ratio tumbled 40.97% in 2023 and jumped 56.82% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.19 in 2022, then declined by 1.05% to 0.18 in 2023, then decreased by 1.36% to 0.18 in 2024, then declined by 1.65% to 0.18 in 2025, then jumped by 41.28% to 0.25 in 2026.
  • Per Business Quant, the three latest EXLS Debt Ratio figures stand at 0.25 (Q1 2026), 0.18 (Q4 2025), and 0.21 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 International Business Machines 214.82 Bn 203.46 Bn 9.91 Bn 0.41
2 Accenture 100.78 Bn 90.60 Bn 6.13 Bn 0.07
3 Cgi 63.56 Bn 63.04 Bn - -
4 Infosys 50.69 Bn 50.69 Bn 1.60 Bn -
5 GDS Holdings 47.31 Bn 45.17 Bn 164.04 Mn -
6 Cognizant Technology Solutions 24.11 Bn 22.59 Bn 1.78 Bn 0.03
7 Fidelity National Information Services 23.14 Bn 22.39 Bn 1.11 Bn 0.39
8 Wipro 20.19 Bn 16.01 Bn 738.00 Mn 0.13
9 Cdw 18.58 Bn 18.01 Bn 1.19 Bn 0.34
10 ExlService Holdings 4.75 Bn 4.59 Bn 222.08 Mn 0.25

Historic Data

Download Data
DateValue
Mar 31, 2026 0.25
Dec 31, 2025 0.18
Sep 30, 2025 0.21
Jun 30, 2025 0.15
Mar 31, 2025 0.19
Dec 31, 2024 0.18
Sep 30, 2024 0.21
Jun 30, 2024 0.22
Mar 31, 2024 0.24
Dec 31, 2023 0.18
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 0.26
Dec 31, 2021 0.20
Sep 30, 2021 0.16
Jun 30, 2021 0.14