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ExlService Holdings, Inc.（EXLS）与NATIONAL FUEL GAS CO（NFG）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NATIONAL FUEL GAS CO的1.3倍（$542.6M vs $425.9M），NATIONAL FUEL GAS CO净利率更高（35.7% vs 11.1%，领先24.6%），ExlService Holdings, Inc.同比增速更快（12.7% vs 1.7%），过去两年NATIONAL FUEL GAS CO的营收复合增速更高（12.1% 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。
该多元化能源企业成立于1902年，总部位于美国纽约州威廉斯维尔，总资产达62亿美元，下设勘探与生产、管道与存储、燃气集输、公用事业、能源营销五大运营板块，业务覆盖能源产业链上下游多个核心环节。
EXLS vs NFG — 直观对比
营收规模更大
EXLS
是对方的1.3倍
$425.9M
营收增速更快
EXLS
高出11.0%
1.7%
净利率更高
NFG
高出24.6%
11.1%
两年增速更快
NFG
近两年复合增速
11.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $425.9M |
| 净利润 | $60.2M | $152.0M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 14.4% | 81.5% |
| 净利率 | 11.1% | 35.7% |
| 营收同比 | 12.7% | 1.7% |
| 净利润同比 | 18.9% | — |
| 每股收益（稀释后） | $0.38 | $1.59 |
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EXLSNFG
| Q1 26 | — | $425.9M | ||
| Q4 25 | $542.6M | $637.9M | ||
| Q3 25 | $529.6M | $443.1M | ||
| Q2 25 | $514.5M | $527.4M | ||
| Q1 25 | $501.0M | $734.8M | ||
| Q4 24 | $481.4M | $513.8M | ||
| Q3 24 | $472.1M | $310.0M | ||
| Q2 24 | $448.4M | $338.6M |
净利润EXLSNFG
| Q1 26 | — | $152.0M | ||
| Q4 25 | $60.2M | $181.6M | ||
| Q3 25 | $58.2M | $107.3M | ||
| Q2 25 | $66.1M | $149.8M | ||
| Q1 25 | $66.6M | $216.4M | ||
| Q4 24 | $50.7M | $45.0M | ||
| Q3 24 | $53.0M | $-167.6M | ||
| Q2 24 | $45.8M | $-54.2M |
毛利率EXLSNFG
| Q1 26 | — | — | ||
| Q4 25 | 38.6% | 86.6% | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 37.7% | 94.7% | ||
| Q1 25 | 38.6% | 81.6% | ||
| Q4 24 | 38.1% | 87.3% | ||
| Q3 24 | 37.8% | — | ||
| Q2 24 | 37.1% | 98.5% |
营业利润率EXLSNFG
| Q1 26 | — | 81.5% | ||
| Q4 25 | 14.4% | 43.3% | ||
| Q3 25 | 14.4% | 40.6% | ||
| Q2 25 | 15.8% | 43.7% | ||
| Q1 25 | 15.7% | 43.2% | ||
| Q4 24 | 14.8% | 16.8% | ||
| Q3 24 | 14.7% | -63.4% | ||
| Q2 24 | 13.7% | -15.2% |
净利率EXLSNFG
| Q1 26 | — | 35.7% | ||
| Q4 25 | 11.1% | 28.5% | ||
| Q3 25 | 11.0% | 24.2% | ||
| Q2 25 | 12.8% | 28.4% | ||
| Q1 25 | 13.3% | 29.4% | ||
| Q4 24 | 10.5% | 8.8% | ||
| Q3 24 | 11.2% | -54.1% | ||
| Q2 24 | 10.2% | -16.0% |
每股收益（稀释后）EXLSNFG
| Q1 26 | — | $1.59 | ||
| Q4 25 | $0.38 | $1.98 | ||
| Q3 25 | $0.36 | $1.18 | ||
| Q2 25 | $0.40 | $1.64 | ||
| Q1 25 | $0.40 | $2.37 | ||
| Q4 24 | $0.31 | $0.49 | ||
| Q3 24 | $0.33 | $-1.81 | ||
| Q2 24 | $0.28 | $-0.59 |
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 | — |
| 总债务越低越好 | $298.6M | $300.0M |
| 股东权益账面价值 | $912.7M | — |
| 总资产 | $1.7B | $9.1B |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
现金及短期投资EXLSNFG
| Q1 26 | — | — | ||
| Q4 25 | $328.4M | $271.4M | ||
| Q3 25 | $390.1M | $43.2M | ||
| Q2 25 | $353.3M | $39.3M | ||
| Q1 25 | $331.4M | $40.0M | ||
| Q4 24 | $340.6M | $48.7M | ||
| Q3 24 | $325.8M | $38.2M | ||
| Q2 24 | $276.1M | $81.4M |
总债务EXLSNFG
| Q1 26 | — | $300.0M | ||
| Q4 25 | $298.6M | $2.7B | ||
| Q3 25 | $354.8M | $2.7B | ||
| Q2 25 | $260.0M | $2.7B | ||
| Q1 25 | $307.3M | $2.7B | ||
| Q4 24 | $288.5M | $2.7B | ||
| Q3 24 | $344.7M | $2.7B | ||
| Q2 24 | — | $2.7B |
股东权益EXLSNFG
| Q1 26 | — | — | ||
| Q4 25 | $912.7M | $3.6B | ||
| Q3 25 | $952.4M | $3.1B | ||
| Q2 25 | $1.1B | $3.0B | ||
| Q1 25 | $1.0B | $2.8B | ||
| Q4 24 | $929.9M | $-76.2M | ||
| Q3 24 | $907.6M | $-15.5M | ||
| Q2 24 | $852.6M | $5.0M |
总资产EXLSNFG
| Q1 26 | — | $9.1B | ||
| Q4 25 | $1.7B | $9.2B | ||
| Q3 25 | $1.7B | $8.7B | ||
| Q2 25 | $1.7B | $8.4B | ||
| Q1 25 | $1.7B | $8.5B | ||
| Q4 24 | $1.6B | $8.3B | ||
| Q3 24 | $1.6B | $8.3B | ||
| Q2 24 | $1.5B | $8.5B |
负债/权益比EXLSNFG
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | 0.75× | ||
| Q3 25 | 0.37× | 0.87× | ||
| Q2 25 | 0.25× | 0.90× | ||
| Q1 25 | 0.30× | 0.99× | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | — | 532.10× |
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 | $657.3M |
| 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% | 117.0% |
| 现金转化率经营现金流/净利润 | 1.95× | 4.32× |
| 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EXLSNFG
| Q1 26 | — | $657.3M | ||
| Q4 25 | $117.4M | $274.9M | ||
| Q3 25 | $120.7M | $237.8M | ||
| Q2 25 | $109.4M | $388.4M | ||
| Q1 25 | $3.2M | $253.8M | ||
| Q4 24 | $105.3M | $220.1M | ||
| Q3 24 | $110.1M | $197.9M | ||
| Q2 24 | $74.9M | $281.8M |
自由现金流EXLSNFG
| Q1 26 | — | — | ||
| Q4 25 | $106.5M | $-2.7M | ||
| Q3 25 | $106.4M | $-47.8M | ||
| Q2 25 | $95.0M | $195.3M | ||
| Q1 25 | $-9.7M | $59.9M | ||
| Q4 24 | $95.3M | $-20.3M | ||
| Q3 24 | $97.3M | $-49.1M | ||
| Q2 24 | $62.8M | $79.5M |
自由现金流率EXLSNFG
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | -0.4% | ||
| Q3 25 | 20.1% | -10.8% | ||
| Q2 25 | 18.5% | 37.0% | ||
| Q1 25 | -1.9% | 8.2% | ||
| Q4 24 | 19.8% | -4.0% | ||
| Q3 24 | 20.6% | -15.8% | ||
| Q2 24 | 14.0% | 23.5% |
资本支出强度EXLSNFG
| Q1 26 | — | 117.0% | ||
| Q4 25 | 2.0% | 43.5% | ||
| Q3 25 | 2.7% | 64.4% | ||
| Q2 25 | 2.8% | 36.6% | ||
| Q1 25 | 2.6% | 26.4% | ||
| Q4 24 | 2.1% | 46.8% | ||
| Q3 24 | 2.7% | 79.7% | ||
| Q2 24 | 2.7% | 59.7% |
现金转化率EXLSNFG
| Q1 26 | — | 4.32× | ||
| Q4 25 | 1.95× | 1.51× | ||
| Q3 25 | 2.08× | 2.21× | ||
| Q2 25 | 1.66× | 2.59× | ||
| Q1 25 | 0.05× | 1.17× | ||
| Q4 24 | 2.08× | 4.89× | ||
| Q3 24 | 2.08× | — | ||
| Q2 24 | 1.63× | — |
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% |
NFG
| Revenues from External Customers | $425.8M | 100% |
| Intersegment Revenues | $126.0K | 0% |
