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ExlService Holdings Inc. is a business process management company that provides digital operations and analytical services to clients driving enterprise-scale business transformation initiatives that leverage the company's deep expertise in analytics, AI, ML, and cloud. The company offers business process outsourcing and automation services, and data-driven insights to customers across multiple industries. The company operates through four segments based on the products and services offered and markets served: Insurance, Healthcare, Emerging Business, and Analytics . The vast majority of the company's revenue is earned in the United States, and more than half of its revenue comes from Analytics segment.
2002
59.5K+
LTM Revenue $1.9B
LTM EBITDA $412M
$7.4B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
EXL Service has a last 12-month revenue of $1.9B and a last 12-month EBITDA of $412M.
In the most recent fiscal year, EXL Service achieved revenue of $1.8B and an EBITDA of $358M.
EXL Service expects next 12-month revenue of XXX and NTM EBITDA of XXX
See EXL Service valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.8B | XXX | XXX | XXX |
| Gross Profit | $515M | $608M | XXX | XXX | XXX |
| Gross Margin | 32% | 33% | XXX | XXX | XXX |
| EBITDA | $322M | $358M | XXX | XXX | XXX |
| EBITDA Margin | 20% | 19% | XXX | XXX | XXX |
| Net Profit | $143M | $185M | XXX | XXX | XXX |
| Net Margin | 9% | 10% | XXX | XXX | XXX |
| Net Debt | $131M | $63.0M | XXX | XXX | XXX |
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As of April 15, 2025, EXL Service's stock price is $45.
EXL Service has current market cap of $7.4B, and EV of $7.4B.
See EXL Service trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $7.4B | $7.4B | XXX | XXX | XXX | XXX | $1.71 |
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Sign UpAs of April 15, 2025, EXL Service has market cap of $7.4B and EV of $7.4B.
EXL Service's trades at 3.9x LTM EV/Revenue multiple, and 18.0x LTM EBITDA.
Analysts estimate EXL Service's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for EXL Service and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $7.4B | XXX | XXX | XXX |
| EV/Revenue | 4.0x | XXX | XXX | XXX |
| EV/EBITDA | 20.7x | XXX | XXX | XXX |
| P/E | 37.2x | XXX | XXX | XXX |
| P/E/Growth | 2.5x | XXX | XXX | XXX |
| EV/FCF | 33.3x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpEXL Service's NTM/LTM revenue growth is 12%
EXL Service's revenue per employee for the last fiscal year averaged $31K, while opex per employee averaged $7K for the same period.
Over next 12 months, EXL Service's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate EXL Service's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for EXL Service and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 11% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 31% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $31K | XXX | XXX | XXX | XXX |
| Opex per Employee | $7K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 8% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 12% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 23% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| Ctac | XXX | XXX | XXX | XXX | XXX | XXX |
| Mastech Digital | XXX | XXX | XXX | XXX | XXX | XXX |
| Atturra | XXX | XXX | XXX | XXX | XXX | XXX |
| Bravura Solutions | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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EXL Service acquired XXX companies to date.
Last acquisition by EXL Service was XXXXXXXX, XXXXX XXXXX XXXXXX . EXL Service acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was EXL Service founded? | EXL Service was founded in 2002. |
| Where is EXL Service headquartered? | EXL Service is headquartered in United States of America. |
| How many employees does EXL Service have? | As of today, EXL Service has 59.5K+ employees. |
| Who is the CEO of EXL Service? | EXL Service's CEO is Mr. Rohit Kapoor. |
| Is EXL Service publicy listed? | Yes, EXL Service is a public company listed on NAS. |
| What is the stock symbol of EXL Service? | EXL Service trades under EXLS ticker. |
| When did EXL Service go public? | EXL Service went public in 2006. |
| Who are competitors of EXL Service? | Similar companies to EXL Service include e.g. , Ctac, Mastech Digital, Atturra. |
| What is the current market cap of EXL Service? | EXL Service's current market cap is $7.4B |
| What is the current revenue of EXL Service? | EXL Service's last 12-month revenue is $1.9B. |
| What is the current EBITDA of EXL Service? | EXL Service's last 12-month EBITDA is $412M. |
| What is the current EV/Revenue multiple of EXL Service? | Current revenue multiple of EXL Service is 3.9x. |
| What is the current EV/EBITDA multiple of EXL Service? | Current EBITDA multiple of EXL Service is 18.0x. |
| What is the current revenue growth of EXL Service? | EXL Service revenue growth between 2023 and 2024 was 13%. |
| Is EXL Service profitable? | Yes, EXL Service is EBITDA-positive (as of the last 12 months). |
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