ExlService Holdings (EXLS) Debt Ratio (2011 - 2026)
ExlService Holdings (EXLS) posted Debt Ratio of 0.44 for Q2 2026, up 73.14% on a QoQ basis from 0.25 in Q1 2026, and up 181.26% year-over-year from 0.16 in Q2 2025.
Analysis
ExlService Holdings (EXLS) Debt Ratio (2011 - 2026) Analysis & Trends
ExlService Holdings has reported Debt Ratio for 14 years, with the latest figure at 0.44 in Q2 2026.
- On a quarterly basis, Debt Ratio rose 181.26% year-over-year to 0.44 in Q2 2026; TTM through Jun 2026 was 0.44, a 181.26% increase from a year earlier, with the FY2025 full-year figure at 0.18, down 1.65% from the prior year.
- Debt Ratio was 0.44 for Q2 2026 at ExlService Holdings, up from 0.25 in the prior quarter.
- The five-year high for Debt Ratio was 0.44 in Q2 2026, with the low at 0.15 in Q3 2023.
- Average Debt Ratio over 5 years is 0.21, with a median of 0.2 recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: Debt Ratio slumped 54.18% in 2022, then jumped 181.26% in 2026.
- Over 5 years, Debt Ratio stood at 0.19 in 2022, then fell by 1.05% to 0.18 in 2023, then slipped by 1.36% to 0.18 in 2024, then fell by 1.65% to 0.18 in 2025, then surged by 144.63% to 0.44 in 2026.
- The last three Debt Ratio figures came in at 0.44 (Q2 2026), 0.25 (Q1 2026), and 0.18 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 0.02 |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 0.08 |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 0.71 |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | 0.01 |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 0.46 |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 0.44 |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | 0.49 |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 0.08 |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | 0.03 |
| 10 | DXC Technology | 1.79 Bn | -211.80 Mn | 611.00 Mn | 0.27 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.44 |
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.18 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.22 |
| 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 | 0.41 |
| Sep 30, 2021 | 0.16 |