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ExlService Holdings, Inc.（EXLS）与Fidelity National Financial, Inc.（FNF）财务数据对比。点击上方公司名可切换其他公司
Fidelity National Financial, Inc.的季度营收约是ExlService Holdings, Inc.的1.0倍（$544.0M vs $542.6M），ExlService Holdings, Inc.净利率更高（11.1% vs -21.5%，领先32.6%），ExlService Holdings, Inc.同比增速更快（12.7% vs 10.3%），过去两年Fidelity National Financial, Inc.的营收复合增速更高（13.7% vs 11.5%）
ExlService Holdings Inc.是全球知名的分析与数字解决方案服务商，服务覆盖保险、医疗健康、银行金融服务、媒体、零售等多个行业，总部位于纽约，在美国、欧洲、亚洲、拉美、澳大利亚、南非等地拥有超过5.4万名专业从业人员。
富达国民金融是美国财富500强企业，主要面向房地产与抵押贷款行业提供产权保险及交割服务，2019年其产权及房地产业务相关年度营收约为84.69亿美元，是全球领先的产权保险服务供应商。
EXLS vs FNF — 直观对比
营收规模更大
FNF
是对方的1.0倍
$542.6M
营收增速更快
EXLS
高出2.4%
10.3%
净利率更高
EXLS
高出32.6%
-21.5%
两年增速更快
FNF
近两年复合增速
11.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $544.0M |
| 净利润 | $60.2M | $-117.0M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 14.4% | 82.9% |
| 净利率 | 11.1% | -21.5% |
| 营收同比 | 12.7% | 10.3% |
| 净利润同比 | 18.9% | -126.0% |
| 每股收益（稀释后） | $0.38 | $-0.44 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收EXLSFNF
| Q4 25 | $542.6M | $544.0M | ||
| Q3 25 | $529.6M | $553.0M | ||
| Q2 25 | $514.5M | $547.0M | ||
| Q1 25 | $501.0M | $455.0M | ||
| Q4 24 | $481.4M | $493.0M | ||
| Q3 24 | $472.1M | $506.0M | ||
| Q2 24 | $448.4M | $504.0M | ||
| Q1 24 | $436.5M | $421.0M |
净利润EXLSFNF
| Q4 25 | $60.2M | $-117.0M | ||
| Q3 25 | $58.2M | $358.0M | ||
| Q2 25 | $66.1M | $278.0M | ||
| Q1 25 | $66.6M | $83.0M | ||
| Q4 24 | $50.7M | $450.0M | ||
| Q3 24 | $53.0M | $266.0M | ||
| Q2 24 | $45.8M | $306.0M | ||
| Q1 24 | $48.8M | $248.0M |
毛利率EXLSFNF
| Q4 25 | 38.6% | — | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 37.7% | — | ||
| Q1 25 | 38.6% | — | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 37.8% | — | ||
| Q2 24 | 37.1% | — | ||
| Q1 24 | 37.4% | — |
营业利润率EXLSFNF
| Q4 25 | 14.4% | 82.9% | ||
| Q3 25 | 14.4% | 81.9% | ||
| Q2 25 | 15.8% | 69.8% | ||
| Q1 25 | 15.7% | 24.4% | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 14.7% | 61.9% | ||
| Q2 24 | 13.7% | 90.9% | ||
| Q1 24 | 14.1% | 78.6% |
净利率EXLSFNF
| Q4 25 | 11.1% | -21.5% | ||
| Q3 25 | 11.0% | 64.7% | ||
| Q2 25 | 12.8% | 50.8% | ||
| Q1 25 | 13.3% | 18.2% | ||
| Q4 24 | 10.5% | 91.3% | ||
| Q3 24 | 11.2% | 52.6% | ||
| Q2 24 | 10.2% | 60.7% | ||
| Q1 24 | 11.2% | 58.9% |
每股收益（稀释后）EXLSFNF
| Q4 25 | $0.38 | $-0.44 | ||
| Q3 25 | $0.36 | $1.33 | ||
| Q2 25 | $0.40 | $1.02 | ||
| Q1 25 | $0.40 | $0.30 | ||
| Q4 24 | $0.31 | $1.65 | ||
| Q3 24 | $0.33 | $0.97 | ||
| Q2 24 | $0.28 | $1.12 | ||
| Q1 24 | $0.29 | $0.91 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $328.4M | $2.6B |
| 总债务越低越好 | $298.6M | $4.4B |
| 股东权益账面价值 | $912.7M | $7.4B |
| 总资产 | $1.7B | $109.0B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资EXLSFNF
| Q4 25 | $328.4M | $2.6B | ||
| Q3 25 | $390.1M | $3.5B | ||
| Q2 25 | $353.3M | $3.3B | ||
| Q1 25 | $331.4M | $4.5B | ||
| Q4 24 | $340.6M | $3.5B | ||
| Q3 24 | $325.8M | $5.0B | ||
| Q2 24 | $276.1M | $4.9B | ||
| Q1 24 | $246.2M | $3.5B |
总债务EXLSFNF
| Q4 25 | $298.6M | $4.4B | ||
| Q3 25 | $354.8M | $4.4B | ||
| Q2 25 | $260.0M | $4.4B | ||
| Q1 25 | $307.3M | $4.4B | ||
| Q4 24 | $288.5M | $4.3B | ||
| Q3 24 | $344.7M | $4.2B | ||
| Q2 24 | — | $4.2B | ||
| Q1 24 | — | $3.9B |
股东权益EXLSFNF
| Q4 25 | $912.7M | $7.4B | ||
| Q3 25 | $952.4M | $8.4B | ||
| Q2 25 | $1.1B | $7.9B | ||
| Q1 25 | $1.0B | $7.9B | ||
| Q4 24 | $929.9M | $7.8B | ||
| Q3 24 | $907.6M | $8.1B | ||
| Q2 24 | $852.6M | $7.3B | ||
| Q1 24 | $803.3M | $7.1B |
总资产EXLSFNF
| Q4 25 | $1.7B | $109.0B | ||
| Q3 25 | $1.7B | $106.6B | ||
| Q2 25 | $1.7B | $102.3B | ||
| Q1 25 | $1.7B | $98.2B | ||
| Q4 24 | $1.6B | $95.4B | ||
| Q3 24 | $1.6B | $94.7B | ||
| Q2 24 | $1.5B | $88.8B | ||
| Q1 24 | $1.4B | $84.5B |
负债/权益比EXLSFNF
| Q4 25 | 0.33× | 0.59× | ||
| Q3 25 | 0.37× | 0.53× | ||
| Q2 25 | 0.25× | 0.56× | ||
| Q1 25 | 0.30× | 0.56× | ||
| Q4 24 | 0.31× | 0.56× | ||
| Q3 24 | 0.38× | 0.52× | ||
| Q2 24 | — | 0.58× | ||
| Q1 24 | — | 0.55× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $117.4M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $106.5M | — |
| 自由现金流率自由现金流/营收 | 19.6% | — |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 现金转化率经营现金流/净利润 | 1.95× | — |
| 过去12个月自由现金流最近4个季度 | $298.1M | — |
8季度趋势，按日历期对齐
经营现金流EXLSFNF
| Q4 25 | $117.4M | $1.5B | ||
| Q3 25 | $120.7M | $1.3B | ||
| Q2 25 | $109.4M | $1.9B | ||
| Q1 25 | $3.2M | $1.1B | ||
| Q4 24 | $105.3M | $1.5B | ||
| Q3 24 | $110.1M | $2.4B | ||
| Q2 24 | $74.9M | $1.4B | ||
| Q1 24 | $-21.9M | $1.6B |
自由现金流EXLSFNF
| Q4 25 | $106.5M | — | ||
| Q3 25 | $106.4M | — | ||
| Q2 25 | $95.0M | — | ||
| Q1 25 | $-9.7M | — | ||
| Q4 24 | $95.3M | — | ||
| Q3 24 | $97.3M | — | ||
| Q2 24 | $62.8M | — | ||
| Q1 24 | $-33.1M | — |
自由现金流率EXLSFNF
| Q4 25 | 19.6% | — | ||
| Q3 25 | 20.1% | — | ||
| Q2 25 | 18.5% | — | ||
| Q1 25 | -1.9% | — | ||
| Q4 24 | 19.8% | — | ||
| Q3 24 | 20.6% | — | ||
| Q2 24 | 14.0% | — | ||
| Q1 24 | -7.6% | — |
资本支出强度EXLSFNF
| Q4 25 | 2.0% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 2.6% | — |
现金转化率EXLSFNF
| Q4 25 | 1.95× | — | ||
| Q3 25 | 2.08× | 3.66× | ||
| Q2 25 | 1.66× | 6.82× | ||
| Q1 25 | 0.05× | 13.43× | ||
| Q4 24 | 2.08× | 3.32× | ||
| Q3 24 | 2.08× | 8.89× | ||
| Q2 24 | 1.63× | 4.45× | ||
| Q1 24 | -0.45× | 6.42× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
EXLS
| Insurance | $185.8M | 34% |
| Healthcare And Life Sciences | $142.2M | 26% |
| Banking Capital Markets And Diversified Industries | $122.6M | 23% |
| International Growth Markets | $92.0M | 17% |
FNF
| Escrow Fees | $241.0M | 44% |
| Other Title Related Fees And Income | $182.0M | 33% |
| Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees | $87.0M | 16% |
| Insurance Contracts Home Warranty | $31.0M | 6% |
