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ExlService Holdings, Inc.（EXLS）与MSA Safety Inc（MSA）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MSA Safety Inc的1.1倍（$542.6M vs $510.9M），MSA Safety Inc净利率更高（17.0% vs 11.1%，领先5.9%），ExlService Holdings, Inc.同比增速更快（12.7% vs 2.2%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $106.0M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs 11.2%）
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。
MSA安全是美国专业安全设备生产供应商，面向建筑、军事、消防、化工、油气等存在高危作业场景的多个行业提供安全防护产品及解决方案，总部位于美国匹兹堡近郊的克兰伯里。
EXLS vs MSA — 直观对比
营收规模更大
EXLS
是对方的1.1倍
$510.9M
营收增速更快
EXLS
高出10.5%
2.2%
净利率更高
MSA
高出5.9%
11.1%
自由现金流更多
EXLS
多$490.0K
$106.0M
两年增速更快
EXLS
近两年复合增速
11.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $510.9M |
| 净利润 | $60.2M | $86.9M |
| 毛利率 | 38.6% | 46.9% |
| 营业利润率 | 14.4% | 22.3% |
| 净利率 | 11.1% | 17.0% |
| 营收同比 | 12.7% | 2.2% |
| 净利润同比 | 18.9% | -1.2% |
| 每股收益（稀释后） | $0.38 | $2.22 |
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EXLSMSA
| Q4 25 | $542.6M | $510.9M | ||
| Q3 25 | $529.6M | $468.4M | ||
| Q2 25 | $514.5M | $474.1M | ||
| Q1 25 | $501.0M | $421.3M | ||
| Q4 24 | $481.4M | $499.7M | ||
| Q3 24 | $472.1M | $432.7M | ||
| Q2 24 | $448.4M | $462.5M | ||
| Q1 24 | $436.5M | $413.3M |
净利润EXLSMSA
| Q4 25 | $60.2M | $86.9M | ||
| Q3 25 | $58.2M | $69.6M | ||
| Q2 25 | $66.1M | $62.8M | ||
| Q1 25 | $66.6M | $59.6M | ||
| Q4 24 | $50.7M | $87.9M | ||
| Q3 24 | $53.0M | $66.6M | ||
| Q2 24 | $45.8M | $72.2M | ||
| Q1 24 | $48.8M | $58.1M |
毛利率EXLSMSA
| Q4 25 | 38.6% | 46.9% | ||
| Q3 25 | 38.5% | 46.5% | ||
| Q2 25 | 37.7% | 46.6% | ||
| Q1 25 | 38.6% | 45.9% | ||
| Q4 24 | 38.1% | 46.9% | ||
| Q3 24 | 37.8% | 47.9% | ||
| Q2 24 | 37.1% | 48.2% | ||
| Q1 24 | 37.4% | 47.3% |
营业利润率EXLSMSA
| Q4 25 | 14.4% | 22.3% | ||
| Q3 25 | 14.4% | 20.1% | ||
| Q2 25 | 15.8% | 18.1% | ||
| Q1 25 | 15.7% | 18.5% | ||
| Q4 24 | 14.8% | 23.5% | ||
| Q3 24 | 14.7% | 21.1% | ||
| Q2 24 | 13.7% | 21.6% | ||
| Q1 24 | 14.1% | 19.4% |
净利率EXLSMSA
| Q4 25 | 11.1% | 17.0% | ||
| Q3 25 | 11.0% | 14.9% | ||
| Q2 25 | 12.8% | 13.2% | ||
| Q1 25 | 13.3% | 14.1% | ||
| Q4 24 | 10.5% | 17.6% | ||
| Q3 24 | 11.2% | 15.4% | ||
| Q2 24 | 10.2% | 15.6% | ||
| Q1 24 | 11.2% | 14.1% |
每股收益（稀释后）EXLSMSA
| Q4 25 | $0.38 | $2.22 | ||
| Q3 25 | $0.36 | $1.77 | ||
| Q2 25 | $0.40 | $1.59 | ||
| Q1 25 | $0.40 | $1.51 | ||
| Q4 24 | $0.31 | $2.22 | ||
| Q3 24 | $0.33 | $1.69 | ||
| Q2 24 | $0.28 | $1.83 | ||
| Q1 24 | $0.29 | $1.47 |
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 | $165.1M |
| 总债务越低越好 | $298.6M | $580.9M |
| 股东权益账面价值 | $912.7M | $1.4B |
| 总资产 | $1.7B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资EXLSMSA
| Q4 25 | $328.4M | $165.1M | ||
| Q3 25 | $390.1M | $170.0M | ||
| Q2 25 | $353.3M | $147.0M | ||
| Q1 25 | $331.4M | $170.6M | ||
| Q4 24 | $340.6M | $164.6M | ||
| Q3 24 | $325.8M | $154.4M | ||
| Q2 24 | $276.1M | $146.8M | ||
| Q1 24 | $246.2M | $148.3M |
总债务EXLSMSA
| Q4 25 | $298.6M | $580.9M | ||
| Q3 25 | $354.8M | $628.6M | ||
| Q2 25 | $260.0M | $679.3M | ||
| Q1 25 | $307.3M | $502.1M | ||
| Q4 24 | $288.5M | $508.0M | ||
| Q3 24 | $344.7M | $554.7M | ||
| Q2 24 | — | $588.2M | ||
| Q1 24 | — | $596.2M |
股东权益EXLSMSA
| Q4 25 | $912.7M | $1.4B | ||
| Q3 25 | $952.4M | $1.3B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $929.9M | $1.1B | ||
| Q3 24 | $907.6M | $1.1B | ||
| Q2 24 | $852.6M | $1.0B | ||
| Q1 24 | $803.3M | $994.8M |
总资产EXLSMSA
| Q4 25 | $1.7B | $2.6B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $1.6B | $2.2B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.4B | $2.2B |
负债/权益比EXLSMSA
| Q4 25 | 0.33× | 0.42× | ||
| Q3 25 | 0.37× | 0.48× | ||
| Q2 25 | 0.25× | 0.54× | ||
| Q1 25 | 0.30× | 0.42× | ||
| Q4 24 | 0.31× | 0.44× | ||
| Q3 24 | 0.38× | 0.51× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.60× |
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 | $122.4M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $106.0M |
| 自由现金流率自由现金流/营收 | 19.6% | 20.8% |
| 资本支出强度资本支出/营收 | 2.0% | 3.2% |
| 现金转化率经营现金流/净利润 | 1.95× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $298.1M | $295.4M |
8季度趋势，按日历期对齐
经营现金流EXLSMSA
| Q4 25 | $117.4M | $122.4M | ||
| Q3 25 | $120.7M | $112.5M | ||
| Q2 25 | $109.4M | $67.2M | ||
| Q1 25 | $3.2M | $61.8M | ||
| Q4 24 | $105.3M | $107.9M | ||
| Q3 24 | $110.1M | $84.3M | ||
| Q2 24 | $74.9M | $53.3M | ||
| Q1 24 | $-21.9M | $50.9M |
自由现金流EXLSMSA
| Q4 25 | $106.5M | $106.0M | ||
| Q3 25 | $106.4M | $100.5M | ||
| Q2 25 | $95.0M | $37.9M | ||
| Q1 25 | $-9.7M | $51.0M | ||
| Q4 24 | $95.3M | $93.5M | ||
| Q3 24 | $97.3M | $70.1M | ||
| Q2 24 | $62.8M | $39.0M | ||
| Q1 24 | $-33.1M | $39.7M |
自由现金流率EXLSMSA
| Q4 25 | 19.6% | 20.8% | ||
| Q3 25 | 20.1% | 21.4% | ||
| Q2 25 | 18.5% | 8.0% | ||
| Q1 25 | -1.9% | 12.1% | ||
| Q4 24 | 19.8% | 18.7% | ||
| Q3 24 | 20.6% | 16.2% | ||
| Q2 24 | 14.0% | 8.4% | ||
| Q1 24 | -7.6% | 9.6% |
资本支出强度EXLSMSA
| Q4 25 | 2.0% | 3.2% | ||
| Q3 25 | 2.7% | 2.6% | ||
| Q2 25 | 2.8% | 6.2% | ||
| Q1 25 | 2.6% | 2.6% | ||
| Q4 24 | 2.1% | 2.9% | ||
| Q3 24 | 2.7% | 3.3% | ||
| Q2 24 | 2.7% | 3.1% | ||
| Q1 24 | 2.6% | 2.7% |
现金转化率EXLSMSA
| Q4 25 | 1.95× | 1.41× | ||
| Q3 25 | 2.08× | 1.62× | ||
| Q2 25 | 1.66× | 1.07× | ||
| Q1 25 | 0.05× | 1.04× | ||
| Q4 24 | 2.08× | 1.23× | ||
| Q3 24 | 2.08× | 1.27× | ||
| Q2 24 | 1.63× | 0.74× | ||
| Q1 24 | -0.45× | 0.88× |
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% |
MSA
| Americas Segment | $335.2M | 66% |
| International Segment | $175.7M | 34% |
