ExlService Holdings (EXLS) EV to FCF (2009 - 2026)
ExlService Holdings' (EXLS) EV to FCF stood at 17.92 in Q3 2026, down 22.2% from 23.03 a year earlier but up 35.4% from the prior quarter.
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Analysis
ExlService Holdings (EXLS) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, ExlService Holdings' EV to FCF came in at 14.73 as of Sep 30, 2026, down 24.3% year-over-year; for FY2025, it was 21.17, down 31.2% from FY2024.
- Across earlier years, EV to FCF came in at 30.78 in FY2024 (+1.4%), 30.35 in FY2023 (-31.0%), 43.97 in FY2022 (+43.6%) and 30.61 in FY2021 (+100.5%).
- Quarterly EV to FCF has ranged from 13.24 in Q2 2026 to 44.32 in Q1 2022 over the past five years.
- On a year-over-year basis, EV to FCF has declined for seven consecutive quarters, with an average decline of 27.6% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 216.8% in Q1 2022, against a decline of 50.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.24 (Q2 2026), 14.85 (Q1 2026) and 21.17 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn |
| 10 | Ingram Micro Holding | 6.46 Bn | 1.87 Bn | 996.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.92 |
| Jun 30, 2026 | 13.24 |
| Mar 31, 2026 | 14.85 |
| Dec 31, 2025 | 21.17 |
| Sep 30, 2025 | 23.03 |
| Jun 30, 2025 | 24.24 |
| Mar 31, 2025 | 29.91 |
| Dec 31, 2024 | 30.78 |
| Sep 30, 2024 | 29.91 |
| Jun 30, 2024 | 31.92 |
| Mar 31, 2024 | 40.42 |
| Dec 31, 2023 | 30.35 |
| Sep 30, 2023 | 30.38 |
| Jun 30, 2023 | 36.37 |
| Mar 31, 2023 | 30.92 |
| Dec 31, 2022 | 43.97 |
| Sep 30, 2022 | 35.07 |
| Jun 30, 2022 | 32.72 |
| Mar 31, 2022 | 44.32 |
| Dec 31, 2021 | 30.61 |
API Access
ExlService Holdings EV to FCF 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-fcf&ticker=EXLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();