vs
ExlService Holdings, Inc.（EXLS）与Loews Corporation（L）财务数据对比。点击上方公司名可切换其他公司
Loews Corporation的季度营收约是ExlService Holdings, Inc.的1.5倍（$827.0M vs $542.6M），Loews Corporation净利率更高（48.6% vs 11.1%，领先37.5%），ExlService Holdings, Inc.同比增速更快（12.7% vs 4.8%），Loews Corporation自由现金流更多（$426.0M vs $106.5M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs 7.9%）
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。
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
EXLS vs L — 直观对比
营收规模更大
L
是对方的1.5倍
$542.6M
营收增速更快
EXLS
高出7.9%
4.8%
净利率更高
L
高出37.5%
11.1%
自由现金流更多
L
多$319.5M
$106.5M
两年增速更快
EXLS
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $827.0M |
| 净利润 | $60.2M | $402.0M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 14.4% | 65.4% |
| 净利率 | 11.1% | 48.6% |
| 营收同比 | 12.7% | 4.8% |
| 净利润同比 | 18.9% | 115.0% |
| 每股收益（稀释后） | $0.38 | $1.93 |
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EXLSL
| Q4 25 | $542.6M | $827.0M | ||
| Q3 25 | $529.6M | $732.0M | ||
| Q2 25 | $514.5M | $769.0M | ||
| Q1 25 | $501.0M | $846.0M | ||
| Q4 24 | $481.4M | $789.0M | ||
| Q3 24 | $472.1M | $683.0M | ||
| Q2 24 | $448.4M | $711.0M | ||
| Q1 24 | $436.5M | $710.0M |
净利润EXLSL
| Q4 25 | $60.2M | $402.0M | ||
| Q3 25 | $58.2M | $504.0M | ||
| Q2 25 | $66.1M | $391.0M | ||
| Q1 25 | $66.6M | $370.0M | ||
| Q4 24 | $50.7M | $187.0M | ||
| Q3 24 | $53.0M | $401.0M | ||
| Q2 24 | $45.8M | $369.0M | ||
| Q1 24 | $48.8M | $457.0M |
毛利率EXLSL
| 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EXLSL
| Q4 25 | 14.4% | 65.4% | ||
| Q3 25 | 14.4% | 94.1% | ||
| Q2 25 | 15.8% | 70.1% | ||
| Q1 25 | 15.7% | 60.8% | ||
| Q4 24 | 14.8% | 23.8% | ||
| Q3 24 | 14.7% | 80.5% | ||
| Q2 24 | 13.7% | 71.3% | ||
| Q1 24 | 14.1% | 88.6% |
净利率EXLSL
| Q4 25 | 11.1% | 48.6% | ||
| Q3 25 | 11.0% | 68.9% | ||
| Q2 25 | 12.8% | 50.8% | ||
| Q1 25 | 13.3% | 43.7% | ||
| Q4 24 | 10.5% | 23.7% | ||
| Q3 24 | 11.2% | 58.7% | ||
| Q2 24 | 10.2% | 51.9% | ||
| Q1 24 | 11.2% | 64.4% |
每股收益（稀释后）EXLSL
| Q4 25 | $0.38 | $1.93 | ||
| Q3 25 | $0.36 | $2.43 | ||
| Q2 25 | $0.40 | $1.87 | ||
| Q1 25 | $0.40 | $1.74 | ||
| Q4 24 | $0.31 | $0.87 | ||
| Q3 24 | $0.33 | $1.82 | ||
| Q2 24 | $0.28 | $1.67 | ||
| Q1 24 | $0.29 | $2.05 |
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 | $6.0B |
| 总债务越低越好 | $298.6M | $8.4B |
| 股东权益账面价值 | $912.7M | $18.7B |
| 总资产 | $1.7B | $86.3B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资EXLSL
| Q4 25 | $328.4M | $6.0B | ||
| Q3 25 | $390.1M | $5.4B | ||
| Q2 25 | $353.3M | $4.5B | ||
| Q1 25 | $331.4M | $4.4B | ||
| Q4 24 | $340.6M | $4.6B | ||
| Q3 24 | $325.8M | $5.2B | ||
| Q2 24 | $276.1M | $4.9B | ||
| Q1 24 | $246.2M | $5.4B |
总债务EXLSL
| Q4 25 | $298.6M | $8.4B | ||
| Q3 25 | $354.8M | $8.4B | ||
| Q2 25 | $260.0M | $7.9B | ||
| Q1 25 | $307.3M | $8.4B | ||
| Q4 24 | $288.5M | $8.9B | ||
| Q3 24 | $344.7M | $8.8B | ||
| Q2 24 | — | $8.6B | ||
| Q1 24 | — | $8.4B |
股东权益EXLSL
| Q4 25 | $912.7M | $18.7B | ||
| Q3 25 | $952.4M | $18.3B | ||
| Q2 25 | $1.1B | $17.5B | ||
| Q1 25 | $1.0B | $17.2B | ||
| Q4 24 | $929.9M | $17.1B | ||
| Q3 24 | $907.6M | $17.4B | ||
| Q2 24 | $852.6M | $16.4B | ||
| Q1 24 | $803.3M | $16.2B |
总资产EXLSL
| Q4 25 | $1.7B | $86.3B | ||
| Q3 25 | $1.7B | $85.9B | ||
| Q2 25 | $1.7B | $84.7B | ||
| Q1 25 | $1.7B | $83.1B | ||
| Q4 24 | $1.6B | $81.9B | ||
| Q3 24 | $1.6B | $83.6B | ||
| Q2 24 | $1.5B | $81.1B | ||
| Q1 24 | $1.4B | $80.9B |
负债/权益比EXLSL
| Q4 25 | 0.33× | 0.45× | ||
| Q3 25 | 0.37× | 0.46× | ||
| Q2 25 | 0.25× | 0.45× | ||
| Q1 25 | 0.30× | 0.49× | ||
| Q4 24 | 0.31× | 0.52× | ||
| Q3 24 | 0.38× | 0.51× | ||
| Q2 24 | — | 0.52× | ||
| Q1 24 | — | 0.52× |
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 | $617.0M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $426.0M |
| 自由现金流率自由现金流/营收 | 19.6% | 51.5% |
| 资本支出强度资本支出/营收 | 2.0% | 23.1% |
| 现金转化率经营现金流/净利润 | 1.95× | 1.53× |
| 过去12个月自由现金流最近4个季度 | $298.1M | $2.7B |
8季度趋势，按日历期对齐
经营现金流EXLSL
| Q4 25 | $117.4M | $617.0M | ||
| Q3 25 | $120.7M | $920.0M | ||
| Q2 25 | $109.4M | $1.0B | ||
| Q1 25 | $3.2M | $736.0M | ||
| Q4 24 | $105.3M | $941.0M | ||
| Q3 24 | $110.1M | $934.0M | ||
| Q2 24 | $74.9M | $952.0M | ||
| Q1 24 | $-21.9M | $198.0M |
自由现金流EXLSL
| Q4 25 | $106.5M | $426.0M | ||
| Q3 25 | $106.4M | $764.0M | ||
| Q2 25 | $95.0M | $872.0M | ||
| Q1 25 | $-9.7M | $638.0M | ||
| Q4 24 | $95.3M | $767.0M | ||
| Q3 24 | $97.3M | $794.0M | ||
| Q2 24 | $62.8M | $793.0M | ||
| Q1 24 | $-33.1M | $39.0M |
自由现金流率EXLSL
| Q4 25 | 19.6% | 51.5% | ||
| Q3 25 | 20.1% | 104.4% | ||
| Q2 25 | 18.5% | 113.4% | ||
| Q1 25 | -1.9% | 75.4% | ||
| Q4 24 | 19.8% | 97.2% | ||
| Q3 24 | 20.6% | 116.3% | ||
| Q2 24 | 14.0% | 111.5% | ||
| Q1 24 | -7.6% | 5.5% |
资本支出强度EXLSL
| Q4 25 | 2.0% | 23.1% | ||
| Q3 25 | 2.7% | 21.3% | ||
| Q2 25 | 2.8% | 17.4% | ||
| Q1 25 | 2.6% | 11.6% | ||
| Q4 24 | 2.1% | 22.1% | ||
| Q3 24 | 2.7% | 20.5% | ||
| Q2 24 | 2.7% | 22.4% | ||
| Q1 24 | 2.6% | 22.4% |
现金转化率EXLSL
| Q4 25 | 1.95× | 1.53× | ||
| Q3 25 | 2.08× | 1.83× | ||
| Q2 25 | 1.66× | 2.57× | ||
| Q1 25 | 0.05× | 1.99× | ||
| Q4 24 | 2.08× | 5.03× | ||
| Q3 24 | 2.08× | 2.33× | ||
| Q2 24 | 1.63× | 2.58× | ||
| Q1 24 | -0.45× | 0.43× |
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% |
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
