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ExlService Holdings, Inc.（EXLS）与Sinclair, Inc.（SBGI）财务数据对比。点击上方公司名可切换其他公司
Sinclair, Inc.的季度营收约是ExlService Holdings, Inc.的1.5倍（$836.0M vs $542.6M），Sinclair, Inc.净利率更高（13.0% vs 11.1%，领先1.9%），ExlService Holdings, Inc.同比增速更快（12.7% vs -16.7%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $79.0M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs 2.4%）
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。
辛克莱公司（以辛克莱广播集团开展业务）是一家上市的美国电信综合企业，由创始人朱利安·辛克莱·史密斯的后代控股。公司总部位于马里兰州巴尔的摩郊县科基斯维尔，按电视台数量计算是美国第二大电视台运营商，仅次于奈克斯达媒体集团，在全国100多个市场拥有或运营193家电视台，覆盖美国40%的区域。
EXLS vs SBGI — 直观对比
营收规模更大
SBGI
是对方的1.5倍
$542.6M
营收增速更快
EXLS
高出29.4%
-16.7%
净利率更高
SBGI
高出1.9%
11.1%
自由现金流更多
EXLS
多$27.5M
$79.0M
两年增速更快
EXLS
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $836.0M |
| 净利润 | $60.2M | $109.0M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 14.4% | 9.6% |
| 净利率 | 11.1% | 13.0% |
| 营收同比 | 12.7% | -16.7% |
| 净利润同比 | 18.9% | -38.1% |
| 每股收益（稀释后） | $0.38 | $1.62 |
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EXLSSBGI
| Q4 25 | $542.6M | $836.0M | ||
| Q3 25 | $529.6M | $773.0M | ||
| Q2 25 | $514.5M | $784.0M | ||
| Q1 25 | $501.0M | $776.0M | ||
| Q4 24 | $481.4M | $1.0B | ||
| Q3 24 | $472.1M | $917.0M | ||
| Q2 24 | $448.4M | $829.0M | ||
| Q1 24 | $436.5M | $798.0M |
净利润EXLSSBGI
| Q4 25 | $60.2M | $109.0M | ||
| Q3 25 | $58.2M | $-1.0M | ||
| Q2 25 | $66.1M | $-64.0M | ||
| Q1 25 | $66.6M | $-156.0M | ||
| Q4 24 | $50.7M | $176.0M | ||
| Q3 24 | $53.0M | $94.0M | ||
| Q2 24 | $45.8M | $17.0M | ||
| Q1 24 | $48.8M | $23.0M |
毛利率EXLSSBGI
| 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EXLSSBGI
| Q4 25 | 14.4% | 9.6% | ||
| Q3 25 | 14.4% | 7.5% | ||
| Q2 25 | 15.8% | 2.7% | ||
| Q1 25 | 15.7% | 1.8% | ||
| Q4 24 | 14.8% | 26.5% | ||
| Q3 24 | 14.7% | 19.5% | ||
| Q2 24 | 13.7% | 7.7% | ||
| Q1 24 | 14.1% | 5.3% |
净利率EXLSSBGI
| Q4 25 | 11.1% | 13.0% | ||
| Q3 25 | 11.0% | -0.1% | ||
| Q2 25 | 12.8% | -8.2% | ||
| Q1 25 | 13.3% | -20.1% | ||
| Q4 24 | 10.5% | 17.5% | ||
| Q3 24 | 11.2% | 10.3% | ||
| Q2 24 | 10.2% | 2.1% | ||
| Q1 24 | 11.2% | 2.9% |
每股收益（稀释后）EXLSSBGI
| Q4 25 | $0.38 | $1.62 | ||
| Q3 25 | $0.36 | $-0.02 | ||
| Q2 25 | $0.40 | $-0.91 | ||
| Q1 25 | $0.40 | $-2.30 | ||
| Q4 24 | $0.31 | $2.64 | ||
| Q3 24 | $0.33 | $1.43 | ||
| Q2 24 | $0.28 | $0.27 | ||
| Q1 24 | $0.29 | $0.35 |
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 | $866.0M |
| 总债务越低越好 | $298.6M | $4.4B |
| 股东权益账面价值 | $912.7M | $443.0M |
| 总资产 | $1.7B | $5.9B |
| 负债/权益比越低杠杆越低 | 0.33× | 9.84× |
8季度趋势，按日历期对齐
现金及短期投资EXLSSBGI
| Q4 25 | $328.4M | $866.0M | ||
| Q3 25 | $390.1M | $526.0M | ||
| Q2 25 | $353.3M | $616.0M | ||
| Q1 25 | $331.4M | $631.0M | ||
| Q4 24 | $340.6M | $697.0M | ||
| Q3 24 | $325.8M | $536.0M | ||
| Q2 24 | $276.1M | $378.0M | ||
| Q1 24 | $246.2M | $655.0M |
总债务EXLSSBGI
| Q4 25 | $298.6M | $4.4B | ||
| Q3 25 | $354.8M | $4.1B | ||
| Q2 25 | $260.0M | $4.1B | ||
| Q1 25 | $307.3M | $4.2B | ||
| Q4 24 | $288.5M | $4.1B | ||
| Q3 24 | $344.7M | $4.1B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.1B |
股东权益EXLSSBGI
| Q4 25 | $912.7M | $443.0M | ||
| Q3 25 | $952.4M | $347.0M | ||
| Q2 25 | $1.1B | $361.0M | ||
| Q1 25 | $1.0B | $436.0M | ||
| Q4 24 | $929.9M | $583.0M | ||
| Q3 24 | $907.6M | $415.0M | ||
| Q2 24 | $852.6M | $340.0M | ||
| Q1 24 | $803.3M | $333.0M |
总资产EXLSSBGI
| Q4 25 | $1.7B | $5.9B | ||
| Q3 25 | $1.7B | $5.6B | ||
| Q2 25 | $1.7B | $5.7B | ||
| Q1 25 | $1.7B | $5.8B | ||
| Q4 24 | $1.6B | $5.9B | ||
| Q3 24 | $1.6B | $5.8B | ||
| Q2 24 | $1.5B | $5.7B | ||
| Q1 24 | $1.4B | $6.0B |
负债/权益比EXLSSBGI
| Q4 25 | 0.33× | 9.84× | ||
| Q3 25 | 0.37× | 11.75× | ||
| Q2 25 | 0.25× | 11.30× | ||
| Q1 25 | 0.30× | 9.56× | ||
| Q4 24 | 0.31× | 7.02× | ||
| Q3 24 | 0.38× | 9.86× | ||
| Q2 24 | — | 12.08× | ||
| Q1 24 | — | 12.35× |
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 | $98.0M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $79.0M |
| 自由现金流率自由现金流/营收 | 19.6% | 9.4% |
| 资本支出强度资本支出/营收 | 2.0% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.95× | 0.90× |
| 过去12个月自由现金流最近4个季度 | $298.1M | $115.0M |
8季度趋势，按日历期对齐
经营现金流EXLSSBGI
| Q4 25 | $117.4M | $98.0M | ||
| Q3 25 | $120.7M | $-36.0M | ||
| Q2 25 | $109.4M | $122.0M | ||
| Q1 25 | $3.2M | $5.0M | ||
| Q4 24 | $105.3M | $198.0M | ||
| Q3 24 | $110.1M | $210.0M | ||
| Q2 24 | $74.9M | $-306.0M | ||
| Q1 24 | $-21.9M | $-4.0M |
自由现金流EXLSSBGI
| Q4 25 | $106.5M | $79.0M | ||
| Q3 25 | $106.4M | $-58.0M | ||
| Q2 25 | $95.0M | $105.0M | ||
| Q1 25 | $-9.7M | $-11.0M | ||
| Q4 24 | $95.3M | $175.0M | ||
| Q3 24 | $97.3M | $193.0M | ||
| Q2 24 | $62.8M | $-329.0M | ||
| Q1 24 | $-33.1M | $-25.0M |
自由现金流率EXLSSBGI
| Q4 25 | 19.6% | 9.4% | ||
| Q3 25 | 20.1% | -7.5% | ||
| Q2 25 | 18.5% | 13.4% | ||
| Q1 25 | -1.9% | -1.4% | ||
| Q4 24 | 19.8% | 17.4% | ||
| Q3 24 | 20.6% | 21.0% | ||
| Q2 24 | 14.0% | -39.7% | ||
| Q1 24 | -7.6% | -3.1% |
资本支出强度EXLSSBGI
| Q4 25 | 2.0% | 2.3% | ||
| Q3 25 | 2.7% | 2.8% | ||
| Q2 25 | 2.8% | 2.2% | ||
| Q1 25 | 2.6% | 2.1% | ||
| Q4 24 | 2.1% | 2.3% | ||
| Q3 24 | 2.7% | 1.9% | ||
| Q2 24 | 2.7% | 2.8% | ||
| Q1 24 | 2.6% | 2.6% |
现金转化率EXLSSBGI
| Q4 25 | 1.95× | 0.90× | ||
| Q3 25 | 2.08× | — | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 2.08× | 1.13× | ||
| Q3 24 | 2.08× | 2.23× | ||
| Q2 24 | 1.63× | -18.00× | ||
| Q1 24 | -0.45× | -0.17× |
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% |
SBGI
| Distribution Revenue | $384.0M | 46% |
| Core Advertising Revenue | $312.0M | 37% |
| Tennis Segment | $62.0M | 7% |
| Other | $40.0M | 5% |
| Other Media Non Media Revenuesand Intercompany Revenues | $24.0M | 3% |
| Political Advertising Revenue | $14.0M | 2% |
