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ExlService Holdings, Inc.（EXLS）与MDU RESOURCES GROUP INC（MDU）财务数据对比。点击上方公司名可切换其他公司
ExlService Holdings, Inc.的季度营收约是MDU RESOURCES GROUP INC的1.0倍（$542.6M vs $522.6M），MDU RESOURCES GROUP INC净利率更高（14.6% vs 11.1%，领先3.5%），ExlService Holdings, Inc.同比增速更快（12.7% vs -1.6%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $-336.0M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs -5.7%）
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。
MDU资源集团是一家总部位于美国北达科他州俾斯麦的企业，业务涵盖受监管的能源输送供应，以及公用事业相关的建筑材料与服务，业务范围覆盖美国48个州，是当地能源及基建服务领域的重要参与者。
EXLS vs MDU — 直观对比
营收规模更大
EXLS
是对方的1.0倍
$522.6M
营收增速更快
EXLS
高出14.3%
-1.6%
净利率更高
MDU
高出3.5%
11.1%
自由现金流更多
EXLS
多$442.5M
$-336.0M
两年增速更快
EXLS
近两年复合增速
-5.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $522.6M |
| 净利润 | $60.2M | $76.3M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 14.4% | 20.5% |
| 净利率 | 11.1% | 14.6% |
| 营收同比 | 12.7% | -1.6% |
| 净利润同比 | 18.9% | 38.4% |
| 每股收益（稀释后） | $0.38 | $0.37 |
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EXLSMDU
| Q4 25 | $542.6M | $522.6M | ||
| Q3 25 | $529.6M | $313.6M | ||
| Q2 25 | $514.5M | $348.7M | ||
| Q1 25 | $501.0M | $678.0M | ||
| Q4 24 | $481.4M | $531.0M | ||
| Q3 24 | $472.1M | $290.7M | ||
| Q2 24 | $448.4M | $343.1M | ||
| Q1 24 | $436.5M | $588.2M |
净利润EXLSMDU
| Q4 25 | $60.2M | $76.3M | ||
| Q3 25 | $58.2M | $18.3M | ||
| Q2 25 | $66.1M | $13.8M | ||
| Q1 25 | $66.6M | $82.0M | ||
| Q4 24 | $50.7M | $55.2M | ||
| Q3 24 | $53.0M | $64.6M | ||
| Q2 24 | $45.8M | $60.4M | ||
| Q1 24 | $48.8M | $100.9M |
毛利率EXLSMDU
| 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EXLSMDU
| Q4 25 | 14.4% | 20.5% | ||
| Q3 25 | 14.4% | 12.7% | ||
| Q2 25 | 15.8% | 8.7% | ||
| Q1 25 | 15.7% | 16.6% | ||
| Q4 24 | 14.8% | 17.8% | ||
| Q3 24 | 14.7% | 12.0% | ||
| Q2 24 | 13.7% | 11.5% | ||
| Q1 24 | 14.1% | 16.4% |
净利率EXLSMDU
| Q4 25 | 11.1% | 14.6% | ||
| Q3 25 | 11.0% | 5.8% | ||
| Q2 25 | 12.8% | 4.0% | ||
| Q1 25 | 13.3% | 12.1% | ||
| Q4 24 | 10.5% | 10.4% | ||
| Q3 24 | 11.2% | 22.2% | ||
| Q2 24 | 10.2% | 17.6% | ||
| Q1 24 | 11.2% | 17.2% |
每股收益（稀释后）EXLSMDU
| Q4 25 | $0.38 | $0.37 | ||
| Q3 25 | $0.36 | $0.09 | ||
| Q2 25 | $0.40 | $0.07 | ||
| Q1 25 | $0.40 | $0.40 | ||
| Q4 24 | $0.31 | $0.26 | ||
| Q3 24 | $0.33 | $0.32 | ||
| Q2 24 | $0.28 | $0.30 | ||
| Q1 24 | $0.29 | $0.49 |
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 | $28.2M |
| 总债务越低越好 | $298.6M | $2.7B |
| 股东权益账面价值 | $912.7M | $2.8B |
| 总资产 | $1.7B | $7.6B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.97× |
8季度趋势，按日历期对齐
现金及短期投资EXLSMDU
| Q4 25 | $328.4M | $28.2M | ||
| Q3 25 | $390.1M | $75.9M | ||
| Q2 25 | $353.3M | $58.8M | ||
| Q1 25 | $331.4M | $59.5M | ||
| Q4 24 | $340.6M | $66.9M | ||
| Q3 24 | $325.8M | $88.3M | ||
| Q2 24 | $276.1M | $78.8M | ||
| Q1 24 | $246.2M | $72.7M |
总债务EXLSMDU
| Q4 25 | $298.6M | $2.7B | ||
| Q3 25 | $354.8M | $2.4B | ||
| Q2 25 | $260.0M | $2.2B | ||
| Q1 25 | $307.3M | $2.2B | ||
| Q4 24 | $288.5M | $2.3B | ||
| Q3 24 | $344.7M | $2.3B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $2.3B |
股东权益EXLSMDU
| Q4 25 | $912.7M | $2.8B | ||
| Q3 25 | $952.4M | $2.7B | ||
| Q2 25 | $1.1B | $2.7B | ||
| Q1 25 | $1.0B | $2.7B | ||
| Q4 24 | $929.9M | $2.7B | ||
| Q3 24 | $907.6M | $3.1B | ||
| Q2 24 | $852.6M | $3.0B | ||
| Q1 24 | $803.3M | $3.0B |
总资产EXLSMDU
| Q4 25 | $1.7B | $7.6B | ||
| Q3 25 | $1.7B | $7.2B | ||
| Q2 25 | $1.7B | $6.9B | ||
| Q1 25 | $1.7B | $7.0B | ||
| Q4 24 | $1.6B | $7.0B | ||
| Q3 24 | $1.6B | $8.2B | ||
| Q2 24 | $1.5B | $8.0B | ||
| Q1 24 | $1.4B | $7.8B |
负债/权益比EXLSMDU
| Q4 25 | 0.33× | 0.97× | ||
| Q3 25 | 0.37× | 0.86× | ||
| Q2 25 | 0.25× | 0.80× | ||
| Q1 25 | 0.30× | 0.80× | ||
| Q4 24 | 0.31× | 0.85× | ||
| Q3 24 | 0.38× | 0.76× | ||
| Q2 24 | — | 0.75× | ||
| Q1 24 | — | 0.76× |
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 | $80.6M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $-336.0M |
| 自由现金流率自由现金流/营收 | 19.6% | -64.3% |
| 资本支出强度资本支出/营收 | 2.0% | 79.7% |
| 现金转化率经营现金流/净利润 | 1.95× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $298.1M | $-297.0M |
8季度趋势，按日历期对齐
经营现金流EXLSMDU
| Q4 25 | $117.4M | $80.6M | ||
| Q3 25 | $120.7M | $57.9M | ||
| Q2 25 | $109.4M | $117.4M | ||
| Q1 25 | $3.2M | $217.5M | ||
| Q4 24 | $105.3M | $60.5M | ||
| Q3 24 | $110.1M | $140.2M | ||
| Q2 24 | $74.9M | $136.5M | ||
| Q1 24 | $-21.9M | $165.1M |
自由现金流EXLSMDU
| Q4 25 | $106.5M | $-336.0M | ||
| Q3 25 | $106.4M | $-121.9M | ||
| Q2 25 | $95.0M | $36.5M | ||
| Q1 25 | $-9.7M | $124.4M | ||
| Q4 24 | $95.3M | $-95.8M | ||
| Q3 24 | $97.3M | $673.0K | ||
| Q2 24 | $62.8M | $26.5M | ||
| Q1 24 | $-33.1M | $48.1M |
自由现金流率EXLSMDU
| Q4 25 | 19.6% | -64.3% | ||
| Q3 25 | 20.1% | -38.9% | ||
| Q2 25 | 18.5% | 10.5% | ||
| Q1 25 | -1.9% | 18.4% | ||
| Q4 24 | 19.8% | -18.0% | ||
| Q3 24 | 20.6% | 0.2% | ||
| Q2 24 | 14.0% | 7.7% | ||
| Q1 24 | -7.6% | 8.2% |
资本支出强度EXLSMDU
| Q4 25 | 2.0% | 79.7% | ||
| Q3 25 | 2.7% | 57.3% | ||
| Q2 25 | 2.8% | 23.2% | ||
| Q1 25 | 2.6% | 13.7% | ||
| Q4 24 | 2.1% | 29.4% | ||
| Q3 24 | 2.7% | 48.0% | ||
| Q2 24 | 2.7% | 32.0% | ||
| Q1 24 | 2.6% | 19.9% |
现金转化率EXLSMDU
| Q4 25 | 1.95× | 1.06× | ||
| Q3 25 | 2.08× | 3.16× | ||
| Q2 25 | 1.66× | 8.52× | ||
| Q1 25 | 0.05× | 2.65× | ||
| Q4 24 | 2.08× | 1.10× | ||
| Q3 24 | 2.08× | 2.17× | ||
| Q2 24 | 1.63× | 2.26× | ||
| Q1 24 | -0.45× | 1.64× |
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% |
MDU
| Natural Gas Distribution | $382.8M | 73% |
| Commercial Utility Sales | $42.7M | 8% |
| Residential Utility Sales | $33.7M | 6% |
| Pipelineand Midstream | $31.1M | 6% |
| Natural Gas Transportation | $17.2M | 3% |
| Industrial Utility Sales | $10.1M | 2% |
| Natural Gas Storage | $6.4M | 1% |
| Other Utility Sales | $1.9M | 0% |
