ExlService Holdings (EXLS) EV to EBITDA (2011 - 2026)
ExlService Holdings' (EXLS) EV to EBITDA was 9.25 for Q2 2026, down 50.8% from 18.81 a year earlier and down 18.7% from the prior quarter.
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Analysis
ExlService Holdings (EXLS) EV to EBITDA (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, ExlService Holdings' EV to EBITDA came in at 6.78, down 57.7% year-over-year; for FY2025, it was 16.92, down 21.1% from FY2024.
- By year, EV to EBITDA came in at 21.45 in FY2024 (+29.0%), 16.63 in FY2023 (-22.6%), 21.48 in FY2022 (-2.0%) and 21.91 in FY2021 (+43.3%).
- The Q2 2026 figure ranks as the lowest quarterly EV to EBITDA since Q3 2014.
- Year over year, EV to EBITDA has now declined in each of the last four quarters, with an average decline of 3.6% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q4 2021 (growth of 43.3%); the low point was Q2 2026 (a decline of 50.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.39 (Q1 2026), 16.92 (Q4 2025) and 18.05 (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 | 9.25 |
| Mar 31, 2026 | 11.39 |
| Dec 31, 2025 | 16.92 |
| Sep 30, 2025 | 18.05 |
| Jun 30, 2025 | 18.81 |
| Mar 31, 2025 | 21.81 |
| Dec 31, 2024 | 21.45 |
| Sep 30, 2024 | 19.50 |
| Jun 30, 2024 | 16.79 |
| Mar 31, 2024 | 16.96 |
| Dec 31, 2023 | 16.63 |
| Sep 30, 2023 | 15.14 |
| Jun 30, 2023 | 16.98 |
| Mar 31, 2023 | 19.70 |
| Dec 31, 2022 | 21.48 |
| Sep 30, 2022 | 19.89 |
| Jun 30, 2022 | 20.77 |
| Mar 31, 2022 | 21.52 |
| Dec 31, 2021 | 21.91 |
| Sep 30, 2021 | 18.32 |
API Access
ExlService Holdings EV to EBITDA 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-ebitda&ticker=EXLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();