ExlService Holdings (EXLS) EV to CFO (2011 - 2026)
ExlService Holdings' EV to CFO was 11.11 in Q2 2026, down 45.9% from 20.52 a year earlier and down 11.9% 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 8.14 through Jun 30, 2026, down 53.4% 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%).
- The Q2 2026 figure marks the lowest quarterly EV to CFO since Q3 2020.
- Compared with a year earlier, EV to CFO has declined for six straight quarters, with an average decline of 18.7% 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 Q2 2026 was 12.61 (Q1 2026), 17.99 (Q4 2025) and 19.50 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn |
| 10 | ExlService Holdings | 5.25 Bn | 3.99 Bn | 225.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 20.06 |
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();