The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

EXLS

Concerning the House

ExlService Holdings, Inc., operates as a data and artificial intelligence (“AI”) company in the North America, the United Kingdom, Europe, and internationally. The company operates through Insurance; Healthcare and Life Sciences; Banking, Capital Markets, and Diversified Industries; and International Growth Markets. It provides digital operations and solutions and analytics-driven services, such as claims management, premium and benefit administration, agency management, account reconciliation, actuarial and risk analytics, policy research, digital marketing, underwriting support, new business acquisition, policy servicing, audit, surveys, billing and collection, commercial and residential survey, and customer service; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and Life Digital Suite platforms; and Subrosource software platform, an end-to-end subrogation platform. The company also offers health care services for care, utilization, and disease management; payment integrity; revenue optimization, customer engagement, and commercial analytics and regulatory support services; and digital operations and solutions. In addition, it provides financial planning and analysis, accounting, regulatory and statutory reporting, decision support, data management, and compliance services; consumer and commercial banking, credit card and payment services; fintech, wealth and retirement services; capital markets, utilities, retail and consumer packaged goods, communications, media and entertainment, travel and leisure, transportation and logistics, infrastructure, and other business services; property and casualty insurance, life insurance, disability insurance; and insurance brokers, reinsurers, annuity and retirement services. The company was founded in 1999 and is headquartered in New York, New York.

United States · www.exlservice.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$1.84B+25.4%
Gross profit$691.01M+12.0%
Operating income$238.75M+17.0%
Net income$198.30M+13.2%
Cash from ops$211.20M+15.8%
Quotation

$35.37

+1.04 (+3.0%)

52w hi$44.98
52w lo$25.22
Vol1.66M
As ofAug 13
The Verdict

Hold

Our score +0.16

Short-0.24
Medium+0.34
Long+0.58

computed 2026-08-13

By the Numbers

ExlService Holdings, Inc.

Technology · Information Technology Services

Market cap$5.40B
Enterprise value$5.41B
Trailing P/E22.39x
Forward P/E13.62x
EV / EBITDA14.27x
P / S (ttm)2.40x
Profit margin11.2%
Return on equity25.9%
Revenue growth+15.6%
Earnings growth+5.0%
Debt / equity56.59
Risk Metrics
Beta vs SPX0.61
Corr SPX0.28
Annual vol35.2%
Annual ret+8.1%
Sharpe0.23
Max DD-51.3%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.31
Sector+0.15
Technical-0.07
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$34.43$35.40$34.19$35.371.66M
Aug 12$34.16$34.73$34.05$34.331.34M
Aug 11$34.89$35.40$34.74$34.901.38M
Aug 10$34.70$35.36$34.42$35.071.90M
Aug 7$34.83$35.26$34.49$34.892.55M