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ExlService Holdings, Inc.（EXLS）与印度钢铁管理局（SAIL）财务数据对比。点击上方公司名可切换其他公司
ExlService Holdings, Inc.的季度营收约是印度钢铁管理局的1.9倍（$542.6M vs $281.9M），ExlService Holdings, Inc.净利率更高（11.1% vs -12.8%，领先23.9%），ExlService Holdings, Inc.同比增速更快（12.7% vs 6.7%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $52.5M）
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。
印度钢铁管理局（SAIL）是总部位于新德里的印度公营钢铁制造企业，属印度最高级别的“马哈拉特纳”中央公共部门企业，是印度最大的国有钢铁生产商，年钢铁产量达1829万吨，1973年1月24日成立，现有员工5.1万余名，由印度钢铁部行政管理。
EXLS vs SAIL — 直观对比
营收规模更大
EXLS
是对方的1.9倍
$281.9M
营收增速更快
EXLS
高出6.1%
6.7%
净利率更高
EXLS
高出23.9%
-12.8%
自由现金流更多
EXLS
多$54.0M
$52.5M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $281.9M |
| 净利润 | $60.2M | $-36.0M |
| 毛利率 | 38.6% | 66.3% |
| 营业利润率 | 14.4% | -14.8% |
| 净利率 | 11.1% | -12.8% |
| 营收同比 | 12.7% | 6.7% |
| 净利润同比 | 18.9% | -240.9% |
| 每股收益（稀释后） | $0.38 | $-0.06 |
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EXLSSAIL
| Q4 25 | $542.6M | $281.9M | ||
| Q3 25 | $529.6M | $264.4M | ||
| Q2 25 | $514.5M | $230.5M | ||
| Q1 25 | $501.0M | $240.1M | ||
| Q4 24 | $481.4M | — | ||
| Q3 24 | $472.1M | $198.6M | ||
| Q2 24 | $448.4M | $187.7M | ||
| Q1 24 | $436.5M | — |
净利润EXLSSAIL
| Q4 25 | $60.2M | $-36.0M | ||
| Q3 25 | $58.2M | $-10.6M | ||
| Q2 25 | $66.1M | $-187.3M | ||
| Q1 25 | $66.6M | $-80.1M | ||
| Q4 24 | $50.7M | — | ||
| Q3 24 | $53.0M | $-87.1M | ||
| Q2 24 | $45.8M | $-89.2M | ||
| Q1 24 | $48.8M | — |
毛利率EXLSSAIL
| Q4 25 | 38.6% | 66.3% | ||
| Q3 25 | 38.5% | 67.3% | ||
| Q2 25 | 37.7% | 55.4% | ||
| Q1 25 | 38.6% | 66.5% | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 37.8% | 62.1% | ||
| Q2 24 | 37.1% | 61.5% | ||
| Q1 24 | 37.4% | — |
营业利润率EXLSSAIL
| Q4 25 | 14.4% | -14.8% | ||
| Q3 25 | 14.4% | -15.4% | ||
| Q2 25 | 15.8% | -80.3% | ||
| Q1 25 | 15.7% | -12.6% | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 14.7% | -33.2% | ||
| Q2 24 | 13.7% | -36.3% | ||
| Q1 24 | 14.1% | — |
净利率EXLSSAIL
| Q4 25 | 11.1% | -12.8% | ||
| Q3 25 | 11.0% | -4.0% | ||
| Q2 25 | 12.8% | -81.3% | ||
| Q1 25 | 13.3% | -33.4% | ||
| Q4 24 | 10.5% | — | ||
| Q3 24 | 11.2% | -43.9% | ||
| Q2 24 | 10.2% | -47.5% | ||
| Q1 24 | 11.2% | — |
每股收益（稀释后）EXLSSAIL
| Q4 25 | $0.38 | $-0.06 | ||
| Q3 25 | $0.36 | $-0.02 | ||
| Q2 25 | $0.40 | $-0.42 | ||
| Q1 25 | $0.40 | $-6.50 | ||
| Q4 24 | $0.31 | — | ||
| Q3 24 | $0.33 | $-2.97 | ||
| Q2 24 | $0.28 | $-0.77 | ||
| Q1 24 | $0.29 | — |
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 | $298.1M |
| 总债务越低越好 | $298.6M | $0 |
| 股东权益账面价值 | $912.7M | $6.8B |
| 总资产 | $1.7B | $7.5B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资EXLSSAIL
| Q4 25 | $328.4M | $298.1M | ||
| Q3 25 | $390.1M | $271.1M | ||
| Q2 25 | $353.3M | $228.1M | ||
| Q1 25 | $331.4M | $121.3M | ||
| Q4 24 | $340.6M | — | ||
| Q3 24 | $325.8M | $89.7M | ||
| Q2 24 | $276.1M | $146.8M | ||
| Q1 24 | $246.2M | — |
总债务EXLSSAIL
| Q4 25 | $298.6M | $0 | ||
| Q3 25 | $354.8M | $0 | ||
| Q2 25 | $260.0M | $0 | ||
| Q1 25 | $307.3M | $1.0B | ||
| Q4 24 | $288.5M | — | ||
| Q3 24 | $344.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXLSSAIL
| Q4 25 | $912.7M | $6.8B | ||
| Q3 25 | $952.4M | $6.8B | ||
| Q2 25 | $1.1B | $6.8B | ||
| Q1 25 | $1.0B | $-5.6B | ||
| Q4 24 | $929.9M | — | ||
| Q3 24 | $907.6M | $-701.3M | ||
| Q2 24 | $852.6M | $-622.5M | ||
| Q1 24 | $803.3M | — |
总资产EXLSSAIL
| Q4 25 | $1.7B | $7.5B | ||
| Q3 25 | $1.7B | $7.4B | ||
| Q2 25 | $1.7B | $7.4B | ||
| Q1 25 | $1.7B | $7.4B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.4B | — |
负债/权益比EXLSSAIL
| Q4 25 | 0.33× | 0.00× | ||
| Q3 25 | 0.37× | 0.00× | ||
| Q2 25 | 0.25× | 0.00× | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $53.6M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $52.5M |
| 自由现金流率自由现金流/营收 | 19.6% | 18.6% |
| 资本支出强度资本支出/营收 | 2.0% | 0.4% |
| 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EXLSSAIL
| Q4 25 | $117.4M | $53.6M | ||
| Q3 25 | $120.7M | $49.9M | ||
| Q2 25 | $109.4M | $-96.8M | ||
| Q1 25 | $3.2M | — | ||
| Q4 24 | $105.3M | — | ||
| Q3 24 | $110.1M | — | ||
| Q2 24 | $74.9M | $-55.4M | ||
| Q1 24 | $-21.9M | — |
自由现金流EXLSSAIL
| Q4 25 | $106.5M | $52.5M | ||
| Q3 25 | $106.4M | $49.0M | ||
| Q2 25 | $95.0M | $-99.0M | ||
| Q1 25 | $-9.7M | — | ||
| Q4 24 | $95.3M | — | ||
| Q3 24 | $97.3M | — | ||
| Q2 24 | $62.8M | $-56.0M | ||
| Q1 24 | $-33.1M | — |
自由现金流率EXLSSAIL
| Q4 25 | 19.6% | 18.6% | ||
| Q3 25 | 20.1% | 18.5% | ||
| Q2 25 | 18.5% | -43.0% | ||
| Q1 25 | -1.9% | — | ||
| Q4 24 | 19.8% | — | ||
| Q3 24 | 20.6% | — | ||
| Q2 24 | 14.0% | -29.8% | ||
| Q1 24 | -7.6% | — |
资本支出强度EXLSSAIL
| Q4 25 | 2.0% | 0.4% | ||
| Q3 25 | 2.7% | 0.4% | ||
| Q2 25 | 2.8% | 1.0% | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 2.7% | 0.3% | ||
| Q1 24 | 2.6% | — |
现金转化率EXLSSAIL
| Q4 25 | 1.95× | — | ||
| Q3 25 | 2.08× | — | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 2.08× | — | ||
| Q2 24 | 1.63× | — | ||
| Q1 24 | -0.45× | — |
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% |
SAIL
| Software As A Service Saa S | $156.0M | 55% |
| Term Subscriptions Services | $65.1M | 23% |
| Maintenance | $38.0M | 13% |
| Other | $15.7M | 6% |
| Other Subscription Services | $7.1M | 3% |
