EXL Service/$EXLS
1D1W1MYTD1Y5YMAX
Capital at risk
About EXL Service
ExlService Holdings Inc. is a data analytics and digital operations company that provides data and AI-led solutions and technology-enabled services to clients across industries. The company has four reportable segments. The Insurance segment provides services such as claims management, underwriting support, and analytics solutions. The Healthcare and Life Sciences segment offers data-driven solutions and services to healthcare payers, providers, and life sciences organizations. The Banking, Capital Markets and Diversified Industries segment delivers solutions across financial services and other industries. The International Growth Markets segment focuses on providing data, AI, and digital operations services to clients outside North America.
- Ticker
- $EXLS
- Sector
- Business services
- Primary listing
- NASDAQ
- Employees
- 65,000
- Headquarters
- New York, United States
- Website
- www.exlservice.com
EXL Service Metrics
BasicAdvanced
$5.3B
22.36
$1.58
0.81
-
Price and volume
Market cap
$5.3B
Beta
0.81
52-week high
$44.32
52-week low
$24.85
Average daily volume
1.9M
Financial strength
Current ratio
1.244
Quick ratio
1.109
Long term debt to equity
0.103
Total debt to equity
0.566
Interest coverage (TTM)
18.24%
Profitability
EBITDA (TTM)
379.143
Gross margin (TTM)
38.51%
Net profit margin (TTM)
11.17%
Operating margin (TTM)
14.84%
Effective tax rate (TTM)
23.18%
Revenue per employee (TTM)
$30,000
Management effectiveness
Return on assets (TTM)
12.01%
Return on equity (TTM)
25.94%
Valuation
Price to earnings (TTM)
22.361
Price to revenue (TTM)
2.471
Price to book
6.18
Price to tangible book (TTM)
13.51
Price to free cash flow (TTM)
20.105
Free cash flow yield (TTM)
4.97%
Free cash flow per share (TTM)
1.754
Growth
Revenue change (TTM)
13.63%
Earnings per share change (TTM)
8.67%
3-year revenue growth (CAGR)
13.22%
10-year revenue growth (CAGR)
12.87%
3-year earnings per share growth (CAGR)
15.86%
10-year earnings per share growth (CAGR)
16.18%
What the Analysts think about EXL Service
Analyst ratings (Buy, Hold, Sell) for EXL Service stock.
Analyst projections of the future price of EXL Service stock.
Bulls say / Bears say
EXL delivered 15.6% year-on-year Q2 revenue growth and 22.3% adjusted EPS growth, with all four segments expanding. It raised 2026 organic constant-currency revenue guidance to 13–14% and adjusted EPS guidance to $2.25–$2.29. (EXL Service)
Data and AI-led revenue reached 61% of Q2 sales and grew 30% year on year, indicating that the higher-value mix is becoming material rather than remaining a pilot business. The planned iMerit acquisition adds model-training, evaluation and reinforcement-learning capabilities to this offering. (EveryTicker, EXL Service)
EXL has financial flexibility to keep investing in growth: it generated nearly $300 million of free cash flow in 2025, had leverage below 1x after Q1, and continued repurchasing shares in the first half of 2026. That supports acquisitions, product investment and per-share earnings while the AI strategy scales. (Yahoo Finance, StockAnalysis.com)
EXL’s legacy digital-operations revenue fell 1.5% year on year in Q2, showing that AI can cannibalise traditional outsourcing before newer AI work fully replaces it. That makes the company’s growth increasingly dependent on winning and scaling higher-value AI projects. (AInvest)
Management expects adjusted operating margins to be lower in the second half as it increases spending on sales, data and AI capabilities. Full-year margin is expected to be only comparable with 2025, so faster growth may not yet translate into better profitability. (EXL Service, Investing.com)
EXL trades at a sizeable premium to larger outsourcing peers despite the shrinking legacy business and no dividend, leaving less room for disappointment. A slowdown in AI-led growth or a weaker outlook could therefore trigger a sharp valuation reset. (AInvest)
Data summarised monthly by Lightyear AI. Last updated on 22 Sept 2026.
EXL Service Financial Performance
Revenues and expenses
EXL Service Earnings Performance
Company profitability
Upcoming events
No upcoming events
EXL Service News
AllArticlesVideos
Funds containing EXL Service
AllEURGBPUSD
Fund name | Fund size | $EXLS weighting |
|---|---|---|
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.23% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.23% |
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.15% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.15% |
iShares MSCI World Small Cap$WSML | $9B | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

