ExlService Holdings (EXLS) EV to FCF (2010 - 2026)
ExlService Holdings (EXLS) posted EV to FCF of 49.61 for Q2 2026, up 112.63% on a QoQ basis from 392.82 in Q1 2026, and down 31.99% year-over-year from 72.94 in Q2 2025.
Analysis
ExlService Holdings (EXLS) EV to FCF (2010 - 2026) Analysis & Trends
ExlService Holdings has reported EV to FCF for 17 years, with the latest figure at 49.61 in Q2 2026.
- On a quarterly basis, EV to FCF fell 31.99% year-over-year to 49.61 in Q2 2026; TTM through Jun 2026 was 13.24, a 46.91% decrease from a year earlier, with the FY2025 full-year figure at 21.17, down 31.22% from the prior year.
- EV to FCF was 49.61 for Q2 2026 at ExlService Holdings, up from 392.82 in the prior quarter.
- The five-year high for EV to FCF was 1494.69 in Q1 2023, with the low at 776.53 in Q1 2025.
- Average EV to FCF over 5 years is 61.77, with a median of 69.51 recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: EV to FCF soared 1477.84% in 2023, then slumped 409.34% in 2025.
- Over 5 years, EV to FCF stood at 105.29 in 2022, then tumbled by 30.07% to 73.62 in 2023, then slipped by 2.48% to 71.8 in 2024, then dropped by 17.48% to 59.25 in 2025, then fell by 16.27% to 49.61 in 2026.
- The last three EV to FCF figures came in at 49.61 (Q2 2026), 392.82 (Q1 2026), and 59.25 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.61 |
| Mar 31, 2026 | -392.82 |
| Dec 31, 2025 | 59.25 |
| Sep 30, 2025 | 62.11 |
| Jun 30, 2025 | 72.94 |
| Mar 31, 2025 | -776.53 |
| Dec 31, 2024 | 71.80 |
| Sep 30, 2024 | 61.47 |
| Jun 30, 2024 | 78.99 |
| Mar 31, 2024 | -152.46 |
| Dec 31, 2023 | 73.62 |
| Sep 30, 2023 | 84.02 |
| Jun 30, 2023 | 144.81 |
| Mar 31, 2023 | 1,494.69 |
| Dec 31, 2022 | 105.29 |
| Sep 30, 2022 | 116.33 |
| Jun 30, 2022 | 67.22 |
| Mar 31, 2022 | -108.48 |
| Dec 31, 2021 | 74.96 |
| Sep 30, 2021 | 78.57 |