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Side-by-side financial comparison of DXP ENTERPRISES INC (DXPE) and ExlService Holdings, Inc. (EXLS). Click either name above to swap in a different company.

ExlService Holdings, Inc. is the larger business by last-quarter revenue ($542.6M vs $527.4M, roughly 1.0× DXP ENTERPRISES INC). ExlService Holdings, Inc. runs the higher net margin — 11.1% vs 4.3%, a 6.8% gap on every dollar of revenue. On growth, ExlService Holdings, Inc. posted the faster year-over-year revenue change (12.7% vs 12.0%). ExlService Holdings, Inc. produced more free cash flow last quarter ($106.5M vs $34.5M). Over the past eight quarters, DXP ENTERPRISES INC's revenue compounded faster (13.1% CAGR vs 11.5%).

DXP Enterprises Inc. is a leading industrial distribution firm that provides maintenance, repair, operations (MRO) supplies, fluid handling equipment, pump systems and related technical services. It primarily serves customers in manufacturing, energy, mining, construction sectors, with core market coverage across North America.

Exlservice Holdings, Inc. is a global analytics and digital solutions company serving industries including insurance, healthcare, banking and financial services, media, retail, and others. The company is headquartered in New York and has more than 54,000 professionals in locations throughout the United States, Europe, Asia, Latin America, Australia and South Africa.

DXPE vs EXLS — Head-to-Head

Bigger by revenue
EXLS
EXLS
1.0× larger
EXLS
$542.6M
$527.4M
DXPE
Growing faster (revenue YoY)
EXLS
EXLS
+0.7% gap
EXLS
12.7%
12.0%
DXPE
Higher net margin
EXLS
EXLS
6.8% more per $
EXLS
11.1%
4.3%
DXPE
More free cash flow
EXLS
EXLS
$72.0M more FCF
EXLS
$106.5M
$34.5M
DXPE
Faster 2-yr revenue CAGR
DXPE
DXPE
Annualised
DXPE
13.1%
11.5%
EXLS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DXPE
DXPE
EXLS
EXLS
Revenue
$527.4M
$542.6M
Net Profit
$22.8M
$60.2M
Gross Margin
31.6%
38.6%
Operating Margin
8.8%
14.4%
Net Margin
4.3%
11.1%
Revenue YoY
12.0%
12.7%
Net Profit YoY
6.9%
18.9%
EPS (diluted)
$1.38
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DXPE
DXPE
EXLS
EXLS
Q4 25
$527.4M
$542.6M
Q3 25
$513.7M
$529.6M
Q2 25
$498.7M
$514.5M
Q1 25
$476.6M
$501.0M
Q4 24
$470.9M
$481.4M
Q3 24
$472.9M
$472.1M
Q2 24
$445.6M
$448.4M
Q1 24
$412.6M
$436.5M
Net Profit
DXPE
DXPE
EXLS
EXLS
Q4 25
$22.8M
$60.2M
Q3 25
$21.6M
$58.2M
Q2 25
$23.6M
$66.1M
Q1 25
$20.6M
$66.6M
Q4 24
$21.4M
$50.7M
Q3 24
$21.1M
$53.0M
Q2 24
$16.7M
$45.8M
Q1 24
$11.3M
$48.8M
Gross Margin
DXPE
DXPE
EXLS
EXLS
Q4 25
31.6%
38.6%
Q3 25
31.4%
38.5%
Q2 25
31.6%
37.7%
Q1 25
31.5%
38.6%
Q4 24
31.5%
38.1%
Q3 24
30.9%
37.8%
Q2 24
30.9%
37.1%
Q1 24
30.0%
37.4%
Operating Margin
DXPE
DXPE
EXLS
EXLS
Q4 25
8.8%
14.4%
Q3 25
8.5%
14.4%
Q2 25
9.2%
15.8%
Q1 25
8.5%
15.7%
Q4 24
8.3%
14.8%
Q3 24
8.4%
14.7%
Q2 24
8.4%
13.7%
Q1 24
7.1%
14.1%
Net Margin
DXPE
DXPE
EXLS
EXLS
Q4 25
4.3%
11.1%
Q3 25
4.2%
11.0%
Q2 25
4.7%
12.8%
Q1 25
4.3%
13.3%
Q4 24
4.5%
10.5%
Q3 24
4.5%
11.2%
Q2 24
3.7%
10.2%
Q1 24
2.7%
11.2%
EPS (diluted)
DXPE
DXPE
EXLS
EXLS
Q4 25
$1.38
$0.38
Q3 25
$1.31
$0.36
Q2 25
$1.43
$0.40
Q1 25
$1.25
$0.40
Q4 24
$1.28
$0.31
Q3 24
$1.27
$0.33
Q2 24
$1.00
$0.28
Q1 24
$0.67
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DXPE
DXPE
EXLS
EXLS
Cash + ST InvestmentsLiquidity on hand
$303.8M
$328.4M
Total DebtLower is stronger
$298.6M
Stockholders' EquityBook value
$498.4M
$912.7M
Total Assets
$1.7B
$1.7B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DXPE
DXPE
EXLS
EXLS
Q4 25
$303.8M
$328.4M
Q3 25
$123.8M
$390.1M
Q2 25
$112.9M
$353.3M
Q1 25
$114.3M
$331.4M
Q4 24
$148.3M
$340.6M
Q3 24
$35.0M
$325.8M
Q2 24
$49.9M
$276.1M
Q1 24
$139.7M
$246.2M
Total Debt
DXPE
DXPE
EXLS
EXLS
Q4 25
$298.6M
Q3 25
$354.8M
Q2 25
$260.0M
Q1 25
$307.3M
Q4 24
$288.5M
Q3 24
$344.7M
Q2 24
Q1 24
Stockholders' Equity
DXPE
DXPE
EXLS
EXLS
Q4 25
$498.4M
$912.7M
Q3 25
$488.3M
$952.4M
Q2 25
$468.1M
$1.1B
Q1 25
$444.7M
$1.0B
Q4 24
$422.8M
$929.9M
Q3 24
$402.4M
$907.6M
Q2 24
$384.7M
$852.6M
Q1 24
$375.5M
$803.3M
Total Assets
DXPE
DXPE
EXLS
EXLS
Q4 25
$1.7B
$1.7B
Q3 25
$1.4B
$1.7B
Q2 25
$1.4B
$1.7B
Q1 25
$1.4B
$1.7B
Q4 24
$1.3B
$1.6B
Q3 24
$1.2B
$1.6B
Q2 24
$1.2B
$1.5B
Q1 24
$1.2B
$1.4B
Debt / Equity
DXPE
DXPE
EXLS
EXLS
Q4 25
0.33×
Q3 25
0.37×
Q2 25
0.25×
Q1 25
0.30×
Q4 24
0.31×
Q3 24
0.38×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DXPE
DXPE
EXLS
EXLS
Operating Cash FlowLast quarter
$37.8M
$117.4M
Free Cash FlowOCF − Capex
$34.5M
$106.5M
FCF MarginFCF / Revenue
6.5%
19.6%
Capex IntensityCapex / Revenue
0.6%
2.0%
Cash ConversionOCF / Net Profit
1.65×
1.95×
TTM Free Cash FlowTrailing 4 quarters
$54.0M
$298.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DXPE
DXPE
EXLS
EXLS
Q4 25
$37.8M
$117.4M
Q3 25
$34.9M
$120.7M
Q2 25
$18.6M
$109.4M
Q1 25
$3.0M
$3.2M
Q4 24
$32.1M
$105.3M
Q3 24
$28.3M
$110.1M
Q2 24
$14.7M
$74.9M
Q1 24
$27.0M
$-21.9M
Free Cash Flow
DXPE
DXPE
EXLS
EXLS
Q4 25
$34.5M
$106.5M
Q3 25
$28.1M
$106.4M
Q2 25
$8.3M
$95.0M
Q1 25
$-16.9M
$-9.7M
Q4 24
$22.7M
$95.3M
Q3 24
$24.4M
$97.3M
Q2 24
$5.9M
$62.8M
Q1 24
$24.1M
$-33.1M
FCF Margin
DXPE
DXPE
EXLS
EXLS
Q4 25
6.5%
19.6%
Q3 25
5.5%
20.1%
Q2 25
1.7%
18.5%
Q1 25
-3.6%
-1.9%
Q4 24
4.8%
19.8%
Q3 24
5.2%
20.6%
Q2 24
1.3%
14.0%
Q1 24
5.8%
-7.6%
Capex Intensity
DXPE
DXPE
EXLS
EXLS
Q4 25
0.6%
2.0%
Q3 25
1.3%
2.7%
Q2 25
2.1%
2.8%
Q1 25
4.2%
2.6%
Q4 24
2.0%
2.1%
Q3 24
0.8%
2.7%
Q2 24
2.0%
2.7%
Q1 24
0.7%
2.6%
Cash Conversion
DXPE
DXPE
EXLS
EXLS
Q4 25
1.65×
1.95×
Q3 25
1.61×
2.08×
Q2 25
0.79×
1.66×
Q1 25
0.14×
0.05×
Q4 24
1.50×
2.08×
Q3 24
1.34×
2.08×
Q2 24
0.88×
1.63×
Q1 24
2.38×
-0.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DXPE
DXPE

Service Centers$356.2M68%
Innovative Pumping Solutions$110.0M21%
Supply Chain Services$61.2M12%

EXLS
EXLS

Insurance$185.8M34%
Healthcare And Life Sciences$142.2M26%
Banking Capital Markets And Diversified Industries$122.6M23%
International Growth Markets$92.0M17%

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