ExlService Holdings (EXLS) Debt to Equity (2011 - 2026)
ExlService Holdings (EXLS) recorded quarterly Debt to Equity of $0.54 in Q1 2026, up 63.81% quarter-over-quarter from $0.33 in Q4 2025, and up 76.49% on a YoY basis from $0.3 in Q1 2025.
ExlService Holdings (EXLS) Debt to Equity (2011 - 2026) Analysis & Trends
ExlService Holdings' Debt to Equity history runs 14 years deep, the most recent figure standing at $0.54 for Q1 2026.
- In Q1 2026, Debt to Equity rose 76.49% year-over-year to $0.54; the TTM figure through Mar 2026 stood at $0.54 (up 76.49% YoY), while the FY2025 annual figure was $0.33, up 5.45% from the prior year.
- Debt to Equity was $0.54 for Q1 2026 at ExlService Holdings, up from $0.33 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.54 in Q1 2026 to a low of $0.22 in Q4 2023.
- Historically, Debt to Equity has averaged $0.34 across 5 years, with a median of $0.33 in 2022.
- The sharpest annual moves came in 2022 and 2023: Debt to Equity jumped 95.95% in 2022, then plunged 40.29% in 2023.
- A 5-year view of Debt to Equity shows it stood at $0.33 in 2022, then slumped by 31.81% to $0.22 in 2023, then surged by 37.97% to $0.31 in 2024, then increased by 5.45% to $0.33 in 2025, then surged by 63.81% to $0.54 in 2026.
- The last three Debt to Equity figures came in at $0.54 (Q1 2026), $0.33 (Q4 2025), and $0.37 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 2.01 |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 0.16 |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 0.04 |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 1.31 |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 1.14 |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 2.21 |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 1.26 |
| 10 | ExlService Holdings | 4.63 Bn | 4.38 Bn | 222.08 Mn | 0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.39 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.38 |
| Sep 30, 2021 | 0.27 |
| Jun 30, 2021 | 0.21 |