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
DateValue
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