ExlService Holdings (EXLS) Invested Capital (2011 - 2026)
ExlService Holdings' Invested Capital came in at $1.44 billion for Q3 2026, up 10.1% from $1.31 billion a year earlier and up 15.4% from the prior quarter.
ExlService Holdings (EXLS) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, ExlService Holdings' Invested Capital was $1.21 billion, down 0.6% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- Going back by year, Invested Capital was $1.22 billion in FY2024 (+11.8%), $1.09 billion in FY2023 (+8.1%), $1.01 billion in FY2022 (+5.8%) and $953.17 million in FY2021 (+0.7%).
- The Q3 2026 figure represents the highest quarterly Invested Capital in data going back to Q2 2011.
- Year-over-year, Invested Capital increased in five of the last eight quarters, with growth averaging 4.6%.
- The fastest year-over-year change in Invested Capital over five years came in Q3 2024 (growth of 17.5%), and the weakest in Q1 2026 (a decline of 9.3%).
- Business Quant data shows EXLS's Invested Capital at $1.25 billion (Q2 2026), $1.2 billion (Q1 2026) and $1.21 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.35 Bn | -77.91 Bn | 1.60 Bn | 1,023.40 Bn |
| 2 | Cognizant Technology Solutions | 30.16 Bn | 24.12 Bn | 1.91 Bn | 16.28 Bn |
| 3 | Wipro | 22.58 Bn | 17.72 Bn | 745.00 Mn | 10.24 Bn |
| 4 | Cdw | 19.64 Bn | 16.54 Bn | 1.39 Bn | 9.76 Bn |
| 5 | Cgi | 18.54 Bn | 16.34 Bn | - | - |
| 6 | Td Synnex | 17.34 Bn | 11.50 Bn | 1.43 Bn | 14.82 Bn |
| 7 | Arrow Electronics | 9.29 Bn | 8.24 Bn | 1.13 Bn | 9.25 Bn |
| 8 | EPAM Systems | 8.17 Bn | 4.08 Bn | 445.94 Mn | 3.62 Bn |
| 9 | ExlService Holdings | 6.55 Bn | 5.35 Bn | 241.14 Mn | 1.44 Bn |
| 10 | Avnet | 6.53 Bn | 5.71 Bn | 865.03 Mn | 8.26 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.44 Bn |
| Jun 30, 2026 | 1.25 Bn |
| Mar 31, 2026 | 1.20 Bn |
| Dec 31, 2025 | 1.21 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 1.32 Bn |
| Mar 31, 2025 | 1.32 Bn |
| Dec 31, 2024 | 1.22 Bn |
| Sep 30, 2024 | 1.25 Bn |
| Jun 30, 2024 | 1.19 Bn |
| Mar 31, 2024 | 1.15 Bn |
| Dec 31, 2023 | 1.09 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 1.05 Bn |
| Mar 31, 2023 | 995.22 Mn |
| Dec 31, 2022 | 1.01 Bn |
| Sep 30, 2022 | 974.58 Mn |
| Jun 30, 2022 | 970.65 Mn |
| Mar 31, 2022 | 995.34 Mn |
| Dec 31, 2021 | 953.17 Mn |
ExlService Holdings Invested Capital 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=invested-capital&ticker=EXLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();