ExlService Holdings (EXLS) EV to CFO (2011 - 2026)
ExlService Holdings' EV to CFO was 14.90 in Q3 2026, down 23.6% from 19.50 a year earlier but up 34.1% from the prior quarter.
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Analysis
ExlService Holdings (EXLS) EV to CFO (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, ExlService Holdings' EV to CFO was 12.24 through Sep 30, 2026, down 25.7% year-over-year; for FY2025, it was 17.99, down 29.4% from FY2024.
- In earlier years, EV to CFO was 25.47 in FY2024 (+11.9%), 22.77 in FY2023 (-29.1%), 32.10 in FY2022 (+31.4%) and 24.43 in FY2021 (+102.0%).
- Quarterly EV to CFO has moved between 11.11 (Q2 2026) and 32.10 (Q4 2022) over five years.
- Compared with a year earlier, EV to CFO has declined for seven straight quarters, with an average decline of 22.7% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q1 2022 (growth of 177.2%); the worst was Q1 2026 (a decline of 49.6%).
- Per Business Quant data, EXLS's EV to CFO in the three quarters before Q3 2026 was 11.11 (Q2 2026), 12.61 (Q1 2026) and 17.99 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn |
| 4 | Cdw | 20.57 Bn | 17.47 Bn | 1.39 Bn |
| 5 | Cgi | 18.42 Bn | 16.22 Bn | - |
| 6 | Td Synnex | 18.09 Bn | 12.24 Bn | 1.43 Bn |
| 7 | Arrow Electronics | 9.84 Bn | 8.79 Bn | 1.13 Bn |
| 8 | EPAM Systems | 8.02 Bn | 3.93 Bn | 445.94 Mn |
| 9 | Avnet | 6.99 Bn | 6.17 Bn | 865.03 Mn |
| 10 | ExlService Holdings | 6.58 Bn | 5.38 Bn | 241.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.90 |
| Jun 30, 2026 | 11.11 |
| Mar 31, 2026 | 12.61 |
| Dec 31, 2025 | 17.99 |
| Sep 30, 2025 | 19.50 |
| Jun 30, 2025 | 20.52 |
| Mar 31, 2025 | 25.03 |
| Dec 31, 2024 | 25.47 |
| Sep 30, 2024 | 23.99 |
| Jun 30, 2024 | 23.97 |
| Mar 31, 2024 | 28.38 |
| Dec 31, 2023 | 22.77 |
| Sep 30, 2023 | 22.09 |
| Jun 30, 2023 | 26.93 |
| Mar 31, 2023 | 24.82 |
| Dec 31, 2022 | 32.10 |
| Sep 30, 2022 | 26.83 |
| Jun 30, 2022 | 25.16 |
| Mar 31, 2022 | 31.66 |
| Dec 31, 2021 | 24.43 |
API Access
ExlService Holdings EV to CFO 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=ev-to-cfo&ticker=EXLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();