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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

ExlService Holdings (EXLS) Operating Margin (2016 - 2025)

ExlService Holdings has reported Operating Margin over the past 16 years, most recently at 14.38% for Q4 2025.

  • Quarterly results put Operating Margin at 14.38% for Q4 2025, down 42.0% from a year ago — trailing twelve months through Dec 2025 was 15.03% (up 69.0% YoY), and the annual figure for FY2025 was 15.03%, up 69.0%.
  • Operating Margin for Q4 2025 was 14.38% at ExlService Holdings, roughly flat from 14.38% in the prior quarter.
  • Over the last five years, Operating Margin for EXLS hit a ceiling of 16.0% in Q2 2023 and a floor of 12.2% in Q4 2021.
  • Median Operating Margin over the past 5 years was 14.38% (2025), compared with a mean of 14.31%.
  • Peak annual rise in Operating Margin hit 859bps in 2021, while the deepest fall reached -317bps in 2021.
  • ExlService Holdings' Operating Margin stood at 12.2% in 2021, then grew by 12bps to 13.61% in 2022, then fell by -4bps to 13.11% in 2023, then grew by 13bps to 14.8% in 2024, then decreased by -3bps to 14.38% in 2025.
  • The last three reported values for Operating Margin were 14.38% (Q4 2025), 14.38% (Q3 2025), and 15.77% (Q2 2025) per Business Quant data.