OakChart

ExlService Holdings Inc

EXLSTechnology·Information Technology Services·USA·Mid·NASD·Nov 11 • 8:49 AM ET

43.80-0.50 (-1.13%)
2026-11-11 14:59 CET
Market cap
6,679.95 USD m
Revenue, TTM
2,341.69 USD m
Net income, TTM
260.61 USD m
Free cash flow, TTM
271.19 USD m
EPS diluted, TTM
1.68
P/E
26.10
Compare

Price

EXLS against its 20, 50 and 200-day averages
2050200beatmiss
25.0030.0035.0040.0045.005.6M11.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26EXLSclose 43.8020-day 41.8750-day 38.21200-day 32.7343.80

1.3% under 44.36 on 10 Nov 2026. Last 15 sessions, 13.2% high to low

Profile

EXLS
52-week range, 97% of the way up
24.8544.35

ExlService Holdings, Inc. is an operations management and analytics company, which engages in providing business process management. It operates through the following segments: Insurance, Healthcare, Travel, Transportation, and Logistics, Finance and Accounting, Analytic, and All Other. The Insurance segment serves property and casualty insurance, life insurance, disability insurance, annuity, and retirement services companies. The Healthcare segment offers services related to care management or population health, payment integrity, revenue optimization, and customer engagement. The Travel, Transportation, and Logistics segment includes business processes in corporate and leisure travel such as reservations, customer service, fulfillment, and finance and accounting. The Finance and Accounting segment is comprised of procure-to-pay, order-to-cash, hire-to-retire, record-to-report, regulatory reporting, financial planning and analysis, audit and assurance, treasury, and tax processes. The Analytics segment consists of driving improved business outcomes for customers by generating data-driven insights. The All-Other segment is involved in banking, financial, utilities, and consulting services. The company was founded by Vikram Talwar and Rohit Kapoor in April 1999 and is headquartered in New York, NY.

IndexRUI
Employees65000
IPOOct 20, 2006
Beta0.84
ATR, 14d1.21
Rel volume0.05
Short float6.27%
Insider own3.29%
Inst own105.83%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap6.60B
Enterprise Value6.87B
Income260.61M
Sales2.34B
Book/sh6.15
Cash/sh2.30
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees65000
IPOOct 20, 2006

Ratios

P/E26.10
Forward P/E16.47
PEG1.03
P/S2.82
P/B7.13
P/C19.06
P/FCF24.35
EV/EBITDA15.89
EV/Sales2.94
Quick Ratio2.14
Current Ratio2.14
Debt/Eq0.66
LT Debt/Eq0.63
Option/ShortYes / Yes

Earnings

EPS (ttm)1.68
EPS next Y2.66
EPS next Q0.58
EPS this Y20.92%
EPS next Y12.80%
EPS next 5Y16.01%
EPS past 3/5Y22.27% 24.43%
Sales past 3/5Y13.92% 16.85%
EPS Y/Y TTM13.07%
Sales Y/Y TTM15.55%
EPS Q/Q25.33%
Sales Q/Q19.71%
EarningsOct 27 AMC
EPS/Sales Surpr.11.11% 3.00%

Ownership

Insider Own3.29%
Insider Trans-1.53%
Inst Own105.83%
Inst Trans7.11%
ROA13.69%
ROE27.72%
ROIC17.22%
Gross Margin34.98%
Oper. Margin13.97%
Profit Margin11.13%
SMA204.61%
SMA5014.63%
SMA20033.80%
Trades-

Technical

Shs Outstand151.03M
Shs Float145.83M
Short Float6.27%
Short Ratio4.20
Short Interest9.14M
52W High44.35 -1.25%
52W Low24.85 76.26%
Volatility3.16% 2.90%
ATR (14)1.21
RSI (14)68.80
Beta0.84
Rel Volume0.05
Avg Volume2.17M
Volume5,040

Performance

Perf Week1.58%
Perf Month17.74%
Perf Quarter23.83%
Perf Half Y61.27%
Perf YTD3.20%
Perf Year10.69%
Perf 3Y63.07%
Perf 5Y59.49%
Perf 10Y390.15%
Recom1.18
Target Price48.62
Prev Close44.30
Price43.80
Change %-1.13%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jul 30, 2026UpgradeRRobert W. BairdNeutral → Outperform$45+2.7%
Sep 09, 2024UpgradeJJefferiesHold → Buy$35 → $42-4.1%
May 08, 2024UpgradeWWedbushNeutral → Outperform$34 → $40-8.7%
Jan 17, 2024UpgradeCCitigroupNeutral → Buy$29 → $36-17.8%
Sep 19, 2023InitiatedJJefferiesHold$33-24.7%
Mar 15, 2023UpgradeCCitigroupSell → Neutral$160+265.3%
Jul 29, 2022UpgradeNNeedhamHold → Buy$190+333.8%
Jul 20, 2022DowngradeCCitigroupNeutral → Sell$150 → $134+205.9%
Mar 01, 2022UpgradeBBofA SecuritiesNeutral → Buy$132 → $143+226.5%
Feb 28, 2022UpgradeCCowenMarket Perform → Outperform$135 → $145+231.1%

Peers

Mkt cap
TickerCompanyMkt cap
GGenpact Ltd7.20B
CTSHCognizant Technology Solutions Corp28.66B
WITWipro Ltd ADR21.17B
EPAMEPAM Systems Inc8.30B
INFYInfosys Ltd ADR50.32B
ACNAccenture plc150.58B
GLOBGlobant SA2.08B
CNXCConcentrix Corp1.94B
DXCDXC Technology Co2.41B
CNDTConduent Inc213.28M

Insider trading

latest 14 of 56
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Bhalla VikasPresident of EXLNov 02 '26Sale41.2211,000453,42098,295Nov 03 01:16 PM
Bhalla VikasOfficerNov 02 '26Proposed Sale41.2211,000453,420Nov 02 11:09 AM
Bhalla VikasPresident of EXLOct 01 '26Sale35.3811,000389,180109,295Oct 02 04:01 PM
Bhalla VikasOfficerOct 01 '26Proposed Sale35.3811,000389,180Oct 01 12:09 PM
Bhalla VikasPresident of EXLSep 01 '26Sale38.1710,000381,700120,295Sep 03 04:01 PM
Bhalla VikasOfficerSep 01 '26Proposed Sale38.1710,000381,700Sep 01 01:21 PM
Chhibbar VishalExecutive Vice PresidentAug 11 '26Sale35.105,000175,5006,452Aug 13 04:01 PM
Bhalla VikasPresident of EXLAug 03 '26Sale34.9911,000384,890130,295Aug 06 08:14 AM
Bhalla VikasOfficerAug 03 '26Proposed Sale34.9911,000384,890Aug 03 04:12 PM
Bhalla VikasPresident of EXLJul 01 '26Sale26.4712,000317,640141,295Jul 02 04:01 PM
Bhalla VikasOfficerJul 01 '26Proposed Sale26.4712,000317,640Jul 01 11:54 AM
Bhalla VikasPresident of EXLJun 04 '26Sale30.2212,000362,640153,295Jun 08 04:20 PM
Bhalla VikasOfficerJun 04 '26Proposed Sale30.2212,000362,640Jun 04 11:25 AM
AYYAPPAN AJAYEVP & Gen Counsel/Corp. Sec'y.May 20 '26Sale29.115,093148,25748,994May 22 04:31 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.34B
VXFVanguard Extended Market Index ETFAUM: 30.47B
XMHQInvesco S&P MidCap Quality ETFAUM: 5.81B
DFASU.S. Small Cap Portfolio-ETF Class Shares-
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
IJKiShares S&P Mid-Cap 400 Growth ETFAUM: 10.46B
SPMDState Street SPDR Portfolio S&P 400TM Mid Cap ETFAUM: 18.90B

News

latest 14 of 206
  • EXL acquires data and AI consulting market leader Aimpoint Digital to expand forward-deployed AI capabilities and accelerate enterprise transformation (GlobeNewswire)
  • EXL Recognized as a Leader and Star Performer in the Everest Group Customer Experience Management PEAK Matrix Assessment 2026 (GlobeNewswire)
  • EXL named an OpenAI Select Partner (GlobeNewswire)
  • ExlService Holdings: Q3 Earnings Snapshot (Associated Press)
  • EXL's Third Beat-And-Raise Shows Faster Growth, But Margins Are Not Keeping Pace (Earnings Whispers)
  • Loading…
  • EXL Reports 2026 Third Quarter Results (GlobeNewswire)
  • iMerit, an EXL Company, launches iMerit Scholars platform as AI talent war shifts to domain expertise (GlobeNewswire)
  • EXL transforms client workflows with the integration of agentic AI into core insurance and healthcare solutions (GlobeNewswire)
  • EXL schedules third quarter 2026 financial results conference call (GlobeNewswire)
  • EXL's seventh Sustainability Report showcases continued measurable progress across CSR, emissions reductions, renewable energy and responsible AI governance (GlobeNewswire)
  • EXL unveils 'Go Beyond.' brand launch reflecting a 27-year track record of breakthrough transformation for clients (GlobeNewswire)
  • EXL announces Departure of Vivek Jetley, President and Head of Insurance, Healthcare and Life Sciences (GlobeNewswire)
  • EXL earns dual Leader recognition in ISG's 2026 Healthcare AI Report, cited for moving AI from pilots to enterprise scale (GlobeNewswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-270.6200.5580.450633.96615.518
2026Q22026-07-280.5900.5480.422594.76573.948
2026Q12026-04-280.5800.5350.428570.35557.678
2025Q42026-02-240.5000.4650.378542.62531.218
2025Q32025-10-280.4800.4650.360529.59522.558
2025Q22025-07-290.4900.4530.402514.46505.928
2025Q12025-04-290.4800.4410.405501.02490.328
2024Q42025-02-250.4400.4150.310481.43475.788
2024Q32024-10-290.4400.4100.328472.07460.739
2024Q22024-08-010.4000.3870.282448.37444.6110
2024Q12024-05-020.3800.3640.293436.51425.689
2023Q42024-02-290.3500.3370.241414.06409.3810
2023Q32023-10-260.3700.3420.262410.97405.8310
2023Q22023-07-270.3640.3360.291405399.779
2023Q12023-04-270.3480.3240.303400.64377.528
2022Q42023-02-230.3120.2960.188374.7360.419

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY0.5300.5260.279762.31758.87
2018FY0.5540.5500.324883.11882.09
2019FY0.6180.6050.390991.35986.37
2020FY0.7060.6910.518958.43955.77
2021FY0.9660.9580.6701,1221,118
2022FY1.2041.1870.8451,4121,399
2023FY1.4301.4191.0981,6311,626
2024FY1.6501.6301.2071,8381,833
2025FY1.9501.9151.5402,0882,078
2026FY-2.358--2,438
2027FY-2.660--2,753
2028FY-3.044--3,056

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-28870637.73635.92639.9
2026Q4S2026-10-27800629.6625.81636.4
2026Q4S2026-10-12800629.6625.81636.4
2026Q4S2026-10-09880629.4625.81636.4
2026Q4S2026-09-07880629.47625.81636.4
2026Q4S2026-08-25880629.46625.81636.4
2026Q4S2026-07-30880629.48625.81636.4
2026Q4S2026-07-29880629.41625.81636.4
2026Q4S2026-07-14820599.02590.62611
2026Q4S2026-07-10820598.9590.62611
2026Q4S2026-07-08810596.52590.62610.9
2026Q4S2026-05-11800594.66590.62597
2026Q4S2026-04-29812594.66590.62597
2026Q4S2026-04-20813594.88592601

Estimate history

EPS, annual0.2790.3240.390.5180.670.8451.0981.2071.5451.6781
Period201720182019202020212022202320242025TTM
EPS, quarterly0.3280.310.4050.4020.360.3780.4280.4220.451
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual762.31883.112991.346958.4341122.2931412.0441630.6681838.3722087.6792341.69
Period201720182019202020212022202320242025TTM
Sales, quarterly472.073481.426501.019514.46529.585542.615570.351594.763633.959
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual169.444171.112170.926167.797166.457166.172165.278161.801156.43151.028
Period201720182019202020212022202320242025MRQ
Shares, quarterly160.881161.801162.683161.829158.883156.43152.999151.745151.028
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue2,341.692,087.681,838.371,630.671,412.041,122.29958.43991.35883.11
Cost of Goods Sold Incl. D&A1,522.511,343.171,201.861,068.00951.39748.38675.46710.95635.90
Gross Profit819.18744.51636.52562.67460.65373.92282.98280.39247.21
Selling, General and Administrative Excl. Other492.00428.72372.30318.03267.02223.49173.85199.22175.90
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income327.19315.79264.21244.64193.63150.43109.1381.1771.31
Interest Expense19.6217.6119.9813.888.257.5611.1913.617.23
Unusual Expense19.0613.022.521.6017.9516.51-3.805.3727.68
Net Income Before Taxes337.48315.05261.35237.94190.10146.56115.3383.1060.37
Income Taxes76.9163.7362.9453.5447.5631.8525.6315.173.40
Consolidated Net Income260.61251.02198.30184.56142.97114.7689.4867.6656.73
Net Income From Continuing Operations260.61251.02198.30184.56142.97114.7689.4867.6656.73
Net Income260.61251.02198.30184.56142.97114.7689.4867.6656.73
EPS (Recurring)1.801.601.221.100.920.740.500.410.43
EPS (Basic, Before Extraordinaries)1.691.561.221.110.860.680.520.390.33
EPS (Diluted)1.681.541.211.100.850.670.520.390.32
EBITDA432.51406.07324.28298.54257.59204.46162.63135.44119.88
Non-Operating Income (Expense)48.9729.8919.638.7922.6820.2013.5920.9023.97
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense73.2754.4755.0841.1039.5829.2020.6119.0318.88
Price To Earnings Ratio26.4026.4038.8229.5641.1543.2032.8535.6632.72
Price To Sales Ratio2.243.303.973.184.064.423.072.432.09
Gross Margin34.9835.6634.6234.5132.6233.3229.5228.2827.99
Operating Margin13.9715.1314.3715.0013.7113.4011.398.198.07
Net Margin11.1312.0210.7911.3210.1210.239.346.826.42
Shares Outstanding151.03156.43161.80165.28166.17166.46167.80170.93171.11
Market Capitalization6,679.956,679.957,139.945,087.875,599.834,819.612,856.912,374.501,800.79

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue633.96594.76570.35542.62529.59514.46501.02481.43
Cost of Goods Sold Incl. D&A419.67390.45366.41345.99341.54332.97322.68313.40
Gross Profit214.29204.32203.94196.63188.04181.49178.34168.03
Selling, General and Administrative Excl. Other134.53125.02116.85115.59112.7598.86101.5195.95
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income79.7679.3087.0981.0475.2982.6376.8372.08
Interest Expense6.345.073.954.264.924.284.145.11
Unusual Expense2.891.2510.464.467.271.77-0.480.78
Net Income Before Taxes86.6683.9791.4075.4574.7084.7480.1770.56
Income Taxes17.9419.4324.3215.2316.4618.5513.5019.85
Consolidated Net Income68.7764.5167.0860.2558.1666.0566.5650.67
Net Income From Continuing Operations68.7764.5167.0860.2558.1666.0566.5650.67
Net Income68.7764.5167.0860.2558.1666.0566.5650.67
EPS (Recurring)0.460.430.470.400.390.410.400.31
EPS (Basic, Before Extraordinaries)0.450.420.430.380.360.410.410.31
EPS (Diluted)0.450.420.430.380.360.400.400.31
EBITDA108.61103.15103.08117.6892.0498.2091.9090.10
Non-Operating Income (Expense)16.1310.9918.723.1311.608.157.004.38
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense19.1018.5320.7914.8617.3512.1810.0813.71
Price To Earnings Ratio26.4016.5019.7228.7430.4833.0738.9638.82
Price To Sales Ratio2.241.772.213.243.513.654.083.95
Gross Margin33.8034.3535.7636.2435.5135.2835.6034.90
Operating Margin12.5813.3315.2714.9314.2216.0615.3414.97
Net Margin10.8510.8511.7611.1010.9812.8413.2910.53
Shares Outstanding151.03151.75153.00156.43158.88161.83162.68161.80
Market Capitalization6,679.953,950.974,761.896,735.277,111.427,124.377,662.427,139.94

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments340.76350.55294.90302.59320.05407.51326.86285.98279.89
Short Term Receivables391.56359.80329.44275.85214.47165.28185.89178.90143.30
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets90.5680.5652.0433.1742.1533.6126.8435.0629.63
Total Current Assets822.88790.91676.37611.62576.66606.39539.59499.94452.82
Net Property, Plant & Equipment209.23170.62165.23138.18162.70184.79165.5473.5166.76
Total Investments and Advances16.8722.8912.1237.6511.8012.4010.3313.6413.31
Long-Term Note Receivable4.823.636.831.861.212.623.98--
Intangible Assets455.86469.72455.80470.46484.98408.68423.51445.48253.44
Deferred Tax Assets129.97104.7582.9355.7921.407.7511.866.609.28
Other Assets62.6155.8942.6930.5624.1525.2128.3022.7729.87
Total Assets1,702.231,618.401,441.971,346.121,282.901,247.861,183.091,061.94825.47
Short Term Debt Incl. Current Port. of LT Debt22.3621.8177.9745.14278.6444.1265.2721.6510.59
Accounts Payable4.755.885.057.796.876.996.565.655.92
Income Tax Payable-0.281.212.940.903.491.431.010.00
Other Current Liabilities297.01262.14242.16222.07209.27166.47156.09126.78127.75
Total Current Liabilities324.12290.12326.40277.95495.69221.08229.35155.09144.25
Long Term Debt383.42344.80193.79268.5168.73287.12269.27263.5650.72
Provision for Risks Charges41.6324.8016.6712.989.608.946.523.623.38
Deferred Tax Liabilities4.303.372.762.882.031.752.010.800.89
Other Liabilities36.0525.4612.9225.6313.699.805.9420.5526.18
Total Liabilities789.53688.54552.53587.94589.75528.68513.09443.62225.43
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity912.71929.86889.44758.18693.16719.17670.00618.07599.82
Total Shareholders Equity912.71929.86889.44758.18693.16719.17670.00618.07599.82
Accumulated Minority Interest0.000.000.000.000.000.000.000.250.22
Total Equity912.71929.86889.44758.18693.16719.17670.00618.32600.04
Total Liabilities & Stockholders Equity1,702.231,618.401,441.971,346.121,282.901,247.861,183.091,061.94825.47
Book Value Per Share5.835.755.384.564.164.293.923.613.54
Tangible Book Value Per Share2.922.842.621.731.251.851.441.012.04
Full-Time Employees65,00059,50054,00045,40037,40031,90031,70029,10027,800
Price to Book Ratio7.217.875.957.956.953.973.542.913.42
Return on Assets15.1212.9613.2410.889.077.366.035.986.32
Return on Equity27.2521.8022.4019.7016.2512.8810.519.328.64
Return on Invested Capital19.3715.5617.0413.9315.068.897.206.437.51
Quick Ratio2.542.732.072.201.162.742.353.223.14
Current Ratio2.542.732.072.201.162.742.353.223.14

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income260.61251.02198.30184.56142.97114.7689.4867.6656.73
Depreciation109.5883.8955.2250.2856.1049.6650.5152.1948.72
Other Funds (Non Cash)59.9967.6487.0999.6162.7480.6151.2148.7428.22
Funds from Operations414.86387.48320.73302.70242.26224.70193.89156.25133.04
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-88.67-36.76-52.20-91.50-76.12-40.319.0812.17-40.60
Income Taxes Payable22.67-1.61-26.20------
Cash from Operating Activities326.19350.72268.52211.20166.14184.39202.97168.4292.44
Capital Expenditures-55.00-52.60-46.26-52.80-44.84-37.25-42.22-40.14-40.44
Net Assets From Acquisitions-153.840.00-24.300.00-3.87-76.830.00-0.24-231.83
Sale of Fixed Assets and Businesses0.300.350.210.740.271.300.920.00-
Purchase or Sale of Investments43.142.99-48.7540.07-48.10-1.4922.99-11.01-5.23
Purchase of Investments-271.91-314.69-289.61-235.97-212.61-96.01-103.16-187.97-133.43
Sale Or Maturity of Investments315.05317.67240.86276.04164.5094.52126.15176.97128.21
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.000.00
Cash from Investing Activities-165.40-49.26-119.10-12.00-96.55-114.27-18.32-51.38-277.49
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-316.30-322.25-202.90-126.28-71.58-117.65-78.45-40.38-41.71
Repurchase of Common Pref Stock-322.02-328.49-207.93-131.85-72.64-118.36-79.95-41.36-43.11
Sale of Common Pref Stock5.736.245.025.571.060.711.500.991.40
Proceedsfrom Stock Options0.000.000.005.570.000.000.000.000.00
Issuance or Reduction of Debt, Net153.339.4987.80-50.17-10.14-29.23-11.12-52.70239.49
Change in Long Term Debt153.339.4987.80-50.17-10.14-29.23-11.12-52.70239.49
Issuance of Long Term Debt938.48235.00289.3880.0035.00300.00110.0045.88394.85
Reduction of Long Term Debt-785.15-225.51-201.58-130.17-45.14-329.23-121.12-98.58-155.36
Net Financing Active Other Cash Flow0.000.00-4.00-5.000.000.000.000.000.00
Other Financing Activities Uses0.000.00-4.00-5.000.000.000.000.000.00
Cash from Financing Activities-162.97-312.76-119.10-181.45-81.72-146.88-89.56-93.08197.78
Exchange Rate Effect-2.585.88-4.332.03-6.06-4.953.38-1.04-2.87
Net Change in Cash-4.76-5.4326.0019.78-18.19-81.7198.4722.919.85
Free Cash Flow271.19298.12222.26158.40121.31147.14160.75128.2852.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow19.3423.1332.8132.7547.2633.6918.3018.8135.45
Deferred Taxes & Investment Tax Credit--15.06-19.89-31.74-19.55-20.332.70-12.35-0.62

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments346.59296.79266.17340.76401.46364.80
Short Term Receivables518.59496.30433.80391.56398.59396.76
Inventories0.000.000.000.000.000.00
Other Current Assets85.8374.0790.4590.5686.5791.53
Total Current Assets951.01867.16790.42822.88886.62853.09
Net Property, Plant & Equipment217.40212.08202.37209.23185.02187.19
Total Investments and Advances14.2014.5325.0816.8716.9921.02
Intangible Assets681.12448.41451.64455.86459.38463.40
Deferred Tax Assets129.73139.29140.60129.97115.83117.21
Other Assets75.7362.5961.6762.6166.3163.37
Total Assets2,073.411,747.891,676.381,702.231,733.631,708.50
Short Term Debt Incl. Current Port. of LT Debt29.80399.8921.8122.3624.0623.26
Accounts Payable6.506.7311.264.756.775.97
Income Tax Payable15.51---0.240.23
Other Current Liabilities392.38297.02266.44297.01275.94242.84
Total Current Liabilities444.19703.65299.51324.12307.00272.30
Long Term Debt585.5588.13496.77383.42410.40317.56
Provision for Risks Charges35.2141.5142.9741.6322.8625.03
Deferred Tax Liabilities5.154.684.014.304.844.43
Other Liabilities75.2243.6854.3136.0536.1428.23
Total Liabilities1,145.32881.64897.58789.53781.24647.55
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity928.09866.24778.80912.71952.391,060.95
Total Shareholders Equity928.09866.24778.80912.71952.391,060.95
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity928.09866.24778.80912.71952.391,060.95
Total Liabilities & Stockholders Equity2,073.411,747.891,676.381,702.231,733.631,708.50
Book Value Per Share6.155.715.095.835.996.56
Tangible Book Value Per Share1.642.752.142.923.103.69
Full-Time Employees---65,000--
Price to Book Ratio7.215.085.227.086.727.04
Return on Assets13.6914.4715.0015.1214.4414.71
Return on Equity27.7225.9428.0927.2525.9624.70
Return on Invested Capital4.546.765.264.654.274.79
Quick Ratio2.141.232.642.542.893.13
Current Ratio2.141.232.642.542.893.13

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income68.7764.5167.0860.2558.1666.05
Depreciation26.0828.5013.9941.0115.1914.15
Other Funds (Non Cash)20.6819.9916.592.7219.8919.70
Funds from Operations113.69110.7594.9895.43102.3292.22
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital5.50-22.86-93.2621.9518.4017.16
Income Taxes Payable-8.0711.1320.26-0.65-5.16-7.46
Cash from Operating Activities119.1987.891.72117.38120.72109.38
Capital Expenditures-16.68-14.51-12.93-10.87-14.36-14.43
Net Assets From Acquisitions-153.840.000.000.000.000.00
Sale of Fixed Assets and Businesses0.090.040.120.040.140.09
Purchase or Sale of Investments-22.13-35.7556.8444.18-32.100.32
Purchase of Investments-67.78-92.97-44.94-66.22-102.93-54.75
Sale Or Maturity of Investments45.6557.22101.78110.4170.8355.07
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-192.56-50.2144.0233.35-46.32-14.02
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-24.87-19.78-163.20-108.44-158.01-40.58
Repurchase of Common Pref Stock-25.83-20.62-165.99-109.58-159.24-41.68
Sale of Common Pref Stock0.960.832.791.141.231.10
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net127.50-36.37118.60-56.4094.63-47.38
Change in Long Term Debt127.50-36.37118.60-56.4094.63-47.38
Issuance of Long Term Debt703.480.00175.0060.00125.000.00
Reduction of Long Term Debt-575.98-36.37-56.40-116.40-30.37-47.38
Net Financing Active Other Cash Flow0.000.000.000.000.000.00
Other Financing Activities Uses0.000.000.000.000.000.00
Cash from Financing Activities102.63-56.16-44.60-164.84-63.38-87.96
Exchange Rate Effect-0.960.47-2.330.24-1.714.65
Net Change in Cash28.30-18.01-1.19-13.869.3112.05
Free Cash Flow102.5173.39-11.21106.51106.3694.95
Price to Free Cash Flow19.3414.3716.1122.7124.8225.88

Revenue breakdown

Data and AI-Led Services2024: 979.73M 2025: 1.16B
Digital Operations Service2024: 858.64M 2025: 932.34M
North America2024: 1.51B 2025: 1.73B
Rest Of World2024: 52.03M 2025: 54.76M
The United Kingdom and Europe2024: 272.53M 2025: 307.31M
Banking, Capital Markets and Diversified Industries2024: 639.27M 2025: 724.24M
Healthcare and Life Sciences2024: 431.79M 2025: 533.54M
Insurance2024: 767.31M 2025: 829.90M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-306.27%9.1M145.8M2.23M
2026-10-156.91%10.1M146.6M2.21M
2026-09-307.22%10.6M146.5M2.23M
2026-09-156.71%9.8M146.5M2.52M
2026-08-317.49%11.0M146.5M2.59M
2026-08-147.23%10.6M146.5M2.64M
2026-07-317.36%10.8M146.5M2.72M
2026-07-158.14%12.0M147.7M2.60M
2026-06-308.49%12.5M147.7M2.60M
2026-06-158.90%13.1M147.4M2.31M
2026-05-299.62%14.2M147.8M2.32M
2026-05-159.72%14.4M147.8M2.37M
2026-04-307.82%11.6M147.8M2.48M
2026-04-157.50%11.3M151.2M2.33M
2026-03-316.78%10.3M151.4M2.12M
2026-03-135.21%7.9M151.4M1.95M
2026-02-275.79%8.8M151.4M1.73M
2026-02-134.89%7.4M151.4M1.51M
2026-01-304.66%7.2M153.7M1.21M
2026-01-154.78%7.4M154.0M1.25M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call20.0022.2026.200.004.8520.000.000.959-0.1100.006
call22.5019.7023.400.004.0100.000.000.952-0.1080.007
call25.0017.2021.3017.713.8142.000.000.945-0.1050.008
call30.0012.2016.1011.002.77311.000.000.926-0.0980.010
call35.007.3010.907.951.89433.001.000.895-0.0880.013
call40.004.204.803.350.6836441.000.801-0.0870.020
call45.000.051.300.780.5491,0041010.460-0.0890.029
call50.000.000.350.080.6634.001.000.148-0.0570.017
call55.000.002.150.550.9934.000.000.108-0.0690.013
put20.000.002.150.003.3120.000.00-0.041-0.1080.006
put22.500.002.150.002.8860.000.00-0.048-0.1050.007
put25.000.002.150.002.5040.000.00-0.055-0.1020.008
put30.000.002.150.051.83756.000.00-0.074-0.0950.010
put35.000.000.500.051.2531660.00-0.105-0.0840.013
put40.000.000.700.100.8101,03811.00-0.199-0.0820.020
put45.000.402.251.600.653121120-0.540-0.0840.029
put50.004.107.806.921.4360.000.00-0.852-0.0520.017
put55.008.7012.8011.901.8760.000.00-0.892-0.0620.013

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2710-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-278-KCurrent report2026-10-27SEC
2026-10-07SCHEDULE 13G/ASEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-01144Filing for proposed sale of securities under Rule 144.SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-028-KCurrent report2026-08-31SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-08-188-KCurrent report2026-08-18SEC
2026-08-134Statement of changes in beneficial ownership of securities2026-08-11SEC
2026-08-12SCHEDULE 13G/ASEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-08-03144Filing for proposed sale of securities under Rule 144.SEC
2026-07-2810-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-288-KCurrent report2026-07-28SEC
2026-07-214Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-07-214Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-07-214Statement of changes in beneficial ownership of securities2026-06-30SEC
2026-07-218-KCurrent report2026-07-16SEC
2026-07-204Statement of changes in beneficial ownership of securities2026-07-16SEC
2026-07-203Initial statement of beneficial ownership of securities2026-07-16SEC
2026-07-024Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-07-01144Filing for proposed sale of securities under Rule 144.SEC
2026-06-248-KCurrent report2026-06-22SEC
2026-06-184Statement of changes in beneficial ownership of securities2026-06-16SEC
2026-06-184Statement of changes in beneficial ownership of securities2026-06-16SEC
2026-06-184Statement of changes in beneficial ownership of securities2026-06-16SEC
2026-06-184Statement of changes in beneficial ownership of securities2026-06-16SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100453.42K1
2026-1000389.18K1
2026-0900381.70K1
2026-0800560.39K2
2026-0700317.64K1
2026-0600362.64K1
2026-0500148.26K1
2026-040000
2026-030051.02K1
2026-0200104.64K2
2026-0100345.09K1
2025-1200470.84K1
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.12.36%
FMR LLC12.07%
AQR CAPITAL MANAGEMENT LLC4.46%
VANGUARD CAPITAL MANAGEMENT LLC4.35%
VANGUARD PORTFOLIO MANAGEMENT LLC4.24%
STATE STREET CORP3.19%
GEODE CAPITAL MANAGEMENT, LLC2.65%
TWO SIGMA INVESTMENTS, LP2.63%
D. E. Shaw & Co., Inc.2.13%
CITADEL ADVISORS LLC2.10%

Funds

Fund% owned
iShares Core S&P Mid-Cap ETF3.42%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.02%
VANGUARD SMALL-CAP INDEX FUND2.18%
Strategic Advisers Fidelity U.S. Total Stock Fund1.90%
Fidelity Series Value Discovery Fund1.56%
FULLERTHALER BEHAVIORAL SMALL CAP EQUITY1.40%
VANGUARD SMALL-CAP GROWTH INDEX FUND1.25%
Fidelity Value Fund1.23%
VANGUARD EXTENDED MARKET INDEX FUND1.15%
State Street SPDR S&P MidCap 400SM ETF Trust0.77%

OakChart. EXLS. Cached 15 minutes.