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ExlService Holdings, Inc.（EXLS）与威世（VSH）财务数据对比。点击上方公司名可切换其他公司
威世的季度营收约是ExlService Holdings, Inc.的1.5倍（$800.9M vs $542.6M），ExlService Holdings, Inc.净利率更高（11.1% vs 0.1%，领先11.0%），ExlService Holdings, Inc.同比增速更快（12.7% vs 12.1%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $54.6M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs 3.6%）
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。
威世（Vishay Intertechnology）是美国知名的分立半导体与被动电子元器件制造商，由企业家菲利克斯·赞德曼创立。公司在以色列、亚洲、欧洲、美洲均设有生产基地，产品覆盖整流器、二极管、MOSFET、光电器件、精选集成电路、电阻器、电容器、电感器等品类，2024年营收达29亿美元，全球全职员工约2.27万人。
EXLS vs VSH — 直观对比
营收规模更大
VSH
是对方的1.5倍
$542.6M
营收增速更快
EXLS
高出0.6%
12.1%
净利率更高
EXLS
高出11.0%
0.1%
自由现金流更多
EXLS
多$52.0M
$54.6M
两年增速更快
EXLS
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $800.9M |
| 净利润 | $60.2M | $986.0K |
| 毛利率 | 38.6% | 19.6% |
| 营业利润率 | 14.4% | 1.8% |
| 净利率 | 11.1% | 0.1% |
| 营收同比 | 12.7% | 12.1% |
| 净利润同比 | 18.9% | 101.5% |
| 每股收益（稀释后） | $0.38 | $0.01 |
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EXLSVSH
| Q4 25 | $542.6M | $800.9M | ||
| Q3 25 | $529.6M | $790.6M | ||
| Q2 25 | $514.5M | $762.3M | ||
| Q1 25 | $501.0M | $715.2M | ||
| Q4 24 | $481.4M | $714.7M | ||
| Q3 24 | $472.1M | $735.4M | ||
| Q2 24 | $448.4M | $741.2M | ||
| Q1 24 | $436.5M | $746.3M |
净利润EXLSVSH
| Q4 25 | $60.2M | $986.0K | ||
| Q3 25 | $58.2M | $-7.9M | ||
| Q2 25 | $66.1M | $2.0M | ||
| Q1 25 | $66.6M | $-4.1M | ||
| Q4 24 | $50.7M | $-66.1M | ||
| Q3 24 | $53.0M | $-19.3M | ||
| Q2 24 | $45.8M | $23.5M | ||
| Q1 24 | $48.8M | $30.9M |
毛利率EXLSVSH
| Q4 25 | 38.6% | 19.6% | ||
| Q3 25 | 38.5% | 19.5% | ||
| Q2 25 | 37.7% | 19.5% | ||
| Q1 25 | 38.6% | 19.0% | ||
| Q4 24 | 38.1% | 19.9% | ||
| Q3 24 | 37.8% | 20.5% | ||
| Q2 24 | 37.1% | 22.0% | ||
| Q1 24 | 37.4% | 22.8% |
营业利润率EXLSVSH
| Q4 25 | 14.4% | 1.8% | ||
| Q3 25 | 14.4% | 2.4% | ||
| Q2 25 | 15.8% | 2.9% | ||
| Q1 25 | 15.7% | 0.1% | ||
| Q4 24 | 14.8% | -7.9% | ||
| Q3 24 | 14.7% | -2.5% | ||
| Q2 24 | 13.7% | 5.1% | ||
| Q1 24 | 14.1% | 5.7% |
净利率EXLSVSH
| Q4 25 | 11.1% | 0.1% | ||
| Q3 25 | 11.0% | -1.0% | ||
| Q2 25 | 12.8% | 0.3% | ||
| Q1 25 | 13.3% | -0.6% | ||
| Q4 24 | 10.5% | -9.2% | ||
| Q3 24 | 11.2% | -2.6% | ||
| Q2 24 | 10.2% | 3.2% | ||
| Q1 24 | 11.2% | 4.1% |
每股收益（稀释后）EXLSVSH
| Q4 25 | $0.38 | $0.01 | ||
| Q3 25 | $0.36 | $-0.06 | ||
| Q2 25 | $0.40 | $0.01 | ||
| Q1 25 | $0.40 | $-0.03 | ||
| Q4 24 | $0.31 | $-0.48 | ||
| Q3 24 | $0.33 | $-0.14 | ||
| Q2 24 | $0.28 | $0.17 | ||
| Q1 24 | $0.29 | $0.22 |
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 | $515.0M |
| 总债务越低越好 | $298.6M | $950.9M |
| 股东权益账面价值 | $912.7M | $2.1B |
| 总资产 | $1.7B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资EXLSVSH
| Q4 25 | $328.4M | $515.0M | ||
| Q3 25 | $390.1M | $443.9M | ||
| Q2 25 | $353.3M | $473.9M | ||
| Q1 25 | $331.4M | $609.4M | ||
| Q4 24 | $340.6M | $590.3M | ||
| Q3 24 | $325.8M | $643.8M | ||
| Q2 24 | $276.1M | $672.7M | ||
| Q1 24 | $246.2M | $796.5M |
总债务EXLSVSH
| Q4 25 | $298.6M | $950.9M | ||
| Q3 25 | $354.8M | $919.7M | ||
| Q2 25 | $260.0M | $914.5M | ||
| Q1 25 | $307.3M | $988.2M | ||
| Q4 24 | $288.5M | $905.0M | ||
| Q3 24 | $344.7M | $820.8M | ||
| Q2 24 | — | $820.6M | ||
| Q1 24 | — | $819.4M |
股东权益EXLSVSH
| Q4 25 | $912.7M | $2.1B | ||
| Q3 25 | $952.4M | $2.1B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $1.0B | $2.0B | ||
| Q4 24 | $929.9M | $2.0B | ||
| Q3 24 | $907.6M | $2.2B | ||
| Q2 24 | $852.6M | $2.2B | ||
| Q1 24 | $803.3M | $2.2B |
总资产EXLSVSH
| Q4 25 | $1.7B | $4.2B | ||
| Q3 25 | $1.7B | $4.2B | ||
| Q2 25 | $1.7B | $4.2B | ||
| Q1 25 | $1.7B | $4.2B | ||
| Q4 24 | $1.6B | $4.1B | ||
| Q3 24 | $1.6B | $4.2B | ||
| Q2 24 | $1.5B | $4.2B | ||
| Q1 24 | $1.4B | $4.3B |
负债/权益比EXLSVSH
| Q4 25 | 0.33× | 0.46× | ||
| Q3 25 | 0.37× | 0.44× | ||
| Q2 25 | 0.25× | 0.44× | ||
| Q1 25 | 0.30× | 0.49× | ||
| Q4 24 | 0.31× | 0.45× | ||
| Q3 24 | 0.38× | 0.38× | ||
| Q2 24 | — | 0.38× | ||
| Q1 24 | — | 0.38× |
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 | $149.4M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $54.6M |
| 自由现金流率自由现金流/营收 | 19.6% | 6.8% |
| 资本支出强度资本支出/营收 | 2.0% | 11.8% |
| 现金转化率经营现金流/净利润 | 1.95× | 151.48× |
| 过去12个月自由现金流最近4个季度 | $298.1M | $-89.0M |
8季度趋势，按日历期对齐
经营现金流EXLSVSH
| Q4 25 | $117.4M | $149.4M | ||
| Q3 25 | $120.7M | $27.6M | ||
| Q2 25 | $109.4M | $-8.8M | ||
| Q1 25 | $3.2M | $16.1M | ||
| Q4 24 | $105.3M | $67.7M | ||
| Q3 24 | $110.1M | $50.6M | ||
| Q2 24 | $74.9M | $-24.7M | ||
| Q1 24 | $-21.9M | $80.2M |
自由现金流EXLSVSH
| Q4 25 | $106.5M | $54.6M | ||
| Q3 25 | $106.4M | $-24.7M | ||
| Q2 25 | $95.0M | $-73.4M | ||
| Q1 25 | $-9.7M | $-45.5M | ||
| Q4 24 | $95.3M | $-77.2M | ||
| Q3 24 | $97.3M | $-9.0M | ||
| Q2 24 | $62.8M | $-87.3M | ||
| Q1 24 | $-33.1M | $27.1M |
自由现金流率EXLSVSH
| Q4 25 | 19.6% | 6.8% | ||
| Q3 25 | 20.1% | -3.1% | ||
| Q2 25 | 18.5% | -9.6% | ||
| Q1 25 | -1.9% | -6.4% | ||
| Q4 24 | 19.8% | -10.8% | ||
| Q3 24 | 20.6% | -1.2% | ||
| Q2 24 | 14.0% | -11.8% | ||
| Q1 24 | -7.6% | 3.6% |
资本支出强度EXLSVSH
| Q4 25 | 2.0% | 11.8% | ||
| Q3 25 | 2.7% | 6.6% | ||
| Q2 25 | 2.8% | 8.5% | ||
| Q1 25 | 2.6% | 8.6% | ||
| Q4 24 | 2.1% | 20.3% | ||
| Q3 24 | 2.7% | 8.1% | ||
| Q2 24 | 2.7% | 8.4% | ||
| Q1 24 | 2.6% | 7.1% |
现金转化率EXLSVSH
| Q4 25 | 1.95× | 151.48× | ||
| Q3 25 | 2.08× | — | ||
| Q2 25 | 1.66× | -4.39× | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 2.08× | — | ||
| Q2 24 | 1.63× | -1.05× | ||
| Q1 24 | -0.45× | 2.59× |
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% |
VSH
| Resistors Segment | $189.4M | 24% |
| Diodes Segment | $154.2M | 19% |
| Capacitors Segment | $136.5M | 17% |
| Other | $126.4M | 16% |
| Inductors Segment | $92.6M | 12% |
| Optoelectronic Components Segment | $55.7M | 7% |
| EMS Companies | $51.6M | 6% |
