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ExlService Holdings, Inc.（EXLS）与STEWART INFORMATION SERVICES CORP（STC）财务数据对比。点击上方公司名可切换其他公司
STEWART INFORMATION SERVICES CORP的季度营收约是ExlService Holdings, Inc.的1.4倍（$764.6M vs $542.6M），ExlService Holdings, Inc.净利率更高（11.1% vs 2.2%，领先8.9%），STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs 12.7%），过去两年STEWART INFORMATION SERVICES CORP的营收复合增速更高（12.7% 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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
EXLS vs STC — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $764.6M |
| 净利润 | $60.2M | $17.0M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 14.4% | — |
| 净利率 | 11.1% | 2.2% |
| 营收同比 | 12.7% | 27.7% |
| 净利润同比 | 18.9% | 448.4% |
| 每股收益（稀释后） | $0.38 | — |
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
| Q1 26 | — | $764.6M | ||
| Q4 25 | $542.6M | $790.6M | ||
| Q3 25 | $529.6M | $796.9M | ||
| Q2 25 | $514.5M | $722.2M | ||
| Q1 25 | $501.0M | $612.0M | ||
| Q4 24 | $481.4M | $665.9M | ||
| Q3 24 | $472.1M | $667.9M | ||
| Q2 24 | $448.4M | $602.2M |
| Q1 26 | — | $17.0M | ||
| Q4 25 | $60.2M | $36.3M | ||
| Q3 25 | $58.2M | $44.3M | ||
| Q2 25 | $66.1M | $31.9M | ||
| Q1 25 | $66.6M | $3.1M | ||
| Q4 24 | $50.7M | $22.7M | ||
| Q3 24 | $53.0M | $30.1M | ||
| Q2 24 | $45.8M | $17.3M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 14.4% | 6.5% | ||
| Q3 25 | 14.4% | 7.7% | ||
| Q2 25 | 15.8% | 6.5% | ||
| Q1 25 | 15.7% | 1.0% | ||
| Q4 24 | 14.8% | 5.3% | ||
| Q3 24 | 14.7% | 6.4% | ||
| Q2 24 | 13.7% | 4.8% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 11.1% | 4.6% | ||
| Q3 25 | 11.0% | 5.6% | ||
| Q2 25 | 12.8% | 4.4% | ||
| Q1 25 | 13.3% | 0.5% | ||
| Q4 24 | 10.5% | 3.4% | ||
| Q3 24 | 11.2% | 4.5% | ||
| Q2 24 | 10.2% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | $0.38 | $1.26 | ||
| Q3 25 | $0.36 | $1.55 | ||
| Q2 25 | $0.40 | $1.13 | ||
| Q1 25 | $0.40 | $0.11 | ||
| Q4 24 | $0.31 | $0.81 | ||
| Q3 24 | $0.33 | $1.07 | ||
| Q2 24 | $0.28 | $0.62 |
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 | $317.5M |
| 总债务越低越好 | $298.6M | — |
| 股东权益账面价值 | $912.7M | — |
| 总资产 | $1.7B | — |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $317.5M | ||
| Q4 25 | $328.4M | $369.7M | ||
| Q3 25 | $390.1M | $233.2M | ||
| Q2 25 | $353.3M | $223.8M | ||
| Q1 25 | $331.4M | $194.2M | ||
| Q4 24 | $340.6M | $257.5M | ||
| Q3 24 | $325.8M | $228.7M | ||
| Q2 24 | $276.1M | $176.7M |
| Q1 26 | — | — | ||
| Q4 25 | $298.6M | — | ||
| Q3 25 | $354.8M | — | ||
| Q2 25 | $260.0M | — | ||
| Q1 25 | $307.3M | — | ||
| Q4 24 | $288.5M | $445.8M | ||
| Q3 24 | $344.7M | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $912.7M | $1.6B | ||
| Q3 25 | $952.4M | $1.5B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $929.9M | $1.4B | ||
| Q3 24 | $907.6M | $1.4B | ||
| Q2 24 | $852.6M | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $3.3B | ||
| Q3 25 | $1.7B | $2.8B | ||
| Q2 25 | $1.7B | $2.8B | ||
| Q1 25 | $1.7B | $2.7B | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.6B | $2.7B | ||
| Q2 24 | $1.5B | $2.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.31× | 0.32× | ||
| Q3 24 | 0.38× | — | ||
| Q2 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 | — |
| 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% | — |
| 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
| Q1 26 | — | — | ||
| Q4 25 | $117.4M | $89.5M | ||
| Q3 25 | $120.7M | $92.6M | ||
| Q2 25 | $109.4M | $53.4M | ||
| Q1 25 | $3.2M | $-29.9M | ||
| Q4 24 | $105.3M | $68.0M | ||
| Q3 24 | $110.1M | $76.1M | ||
| Q2 24 | $74.9M | $21.1M |
| Q1 26 | — | — | ||
| Q4 25 | $106.5M | $62.3M | ||
| Q3 25 | $106.4M | $73.6M | ||
| Q2 25 | $95.0M | $38.7M | ||
| Q1 25 | $-9.7M | $-42.2M | ||
| Q4 24 | $95.3M | $55.6M | ||
| Q3 24 | $97.3M | $67.4M | ||
| Q2 24 | $62.8M | $11.9M |
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | 7.9% | ||
| Q3 25 | 20.1% | 9.2% | ||
| Q2 25 | 18.5% | 5.4% | ||
| Q1 25 | -1.9% | -6.9% | ||
| Q4 24 | 19.8% | 8.4% | ||
| Q3 24 | 20.6% | 10.1% | ||
| Q2 24 | 14.0% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 3.4% | ||
| Q3 25 | 2.7% | 2.4% | ||
| Q2 25 | 2.8% | 2.0% | ||
| Q1 25 | 2.6% | 2.0% | ||
| Q4 24 | 2.1% | 1.9% | ||
| Q3 24 | 2.7% | 1.3% | ||
| Q2 24 | 2.7% | 1.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | 2.47× | ||
| Q3 25 | 2.08× | 2.09× | ||
| Q2 25 | 1.66× | 1.67× | ||
| Q1 25 | 0.05× | -9.73× | ||
| Q4 24 | 2.08× | 2.99× | ||
| Q3 24 | 2.08× | 2.53× | ||
| Q2 24 | 1.63× | 1.22× |
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% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
