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ExlService Holdings, Inc.（EXLS）与温德姆酒店及度假村集团（WH）财务数据对比。点击上方公司名可切换其他公司
ExlService Holdings, Inc.的季度营收约是温德姆酒店及度假村集团的1.6倍（$542.6M vs $334.0M），ExlService Holdings, Inc.净利率更高（11.1% vs -18.0%，领先29.1%），ExlService Holdings, Inc.同比增速更快（12.7% vs -76.3%），温德姆酒店及度假村集团自由现金流更多（$168.0M vs $106.5M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs -4.6%）
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。
温德姆酒店及度假村集团是总部位于美国新泽西州帕西帕尼的酒店企业，自称是全球规模最大的酒店特许经营商，在全球范围内共设有9100家门店，旗下拥有多个酒店及度假住宿品牌，服务全球各地的出行旅客。
EXLS vs WH — 直观对比
营收规模更大
EXLS
是对方的1.6倍
$334.0M
营收增速更快
EXLS
高出89.0%
-76.3%
净利率更高
EXLS
高出29.1%
-18.0%
自由现金流更多
WH
多$61.5M
$106.5M
两年增速更快
EXLS
近两年复合增速
-4.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $334.0M |
| 净利润 | $60.2M | $-60.0M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 14.4% | — |
| 净利率 | 11.1% | -18.0% |
| 营收同比 | 12.7% | -76.3% |
| 净利润同比 | 18.9% | -170.6% |
| 每股收益（稀释后） | $0.38 | $-0.80 |
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EXLSWH
| Q1 26 | — | $334.0M | ||
| Q4 25 | $542.6M | $334.0M | ||
| Q3 25 | $529.6M | $382.0M | ||
| Q2 25 | $514.5M | $397.0M | ||
| Q1 25 | $501.0M | $316.0M | ||
| Q4 24 | $481.4M | $336.0M | ||
| Q3 24 | $472.1M | $396.0M | ||
| Q2 24 | $448.4M | $367.0M |
净利润EXLSWH
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $60.2M | $-60.0M | ||
| Q3 25 | $58.2M | $105.0M | ||
| Q2 25 | $66.1M | $87.0M | ||
| Q1 25 | $66.6M | $61.0M | ||
| Q4 24 | $50.7M | $85.0M | ||
| Q3 24 | $53.0M | $102.0M | ||
| Q2 24 | $45.8M | $86.0M |
毛利率EXLSWH
| 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% | — |
营业利润率EXLSWH
| Q1 26 | — | — | ||
| Q4 25 | 14.4% | -11.4% | ||
| Q3 25 | 14.4% | 46.6% | ||
| Q2 25 | 15.8% | 37.8% | ||
| Q1 25 | 15.7% | 35.4% | ||
| Q4 24 | 14.8% | 38.4% | ||
| Q3 24 | 14.7% | 43.2% | ||
| Q2 24 | 13.7% | 39.5% |
净利率EXLSWH
| Q1 26 | — | -18.0% | ||
| Q4 25 | 11.1% | -18.0% | ||
| Q3 25 | 11.0% | 27.5% | ||
| Q2 25 | 12.8% | 21.9% | ||
| Q1 25 | 13.3% | 19.3% | ||
| Q4 24 | 10.5% | 25.3% | ||
| Q3 24 | 11.2% | 25.8% | ||
| Q2 24 | 10.2% | 23.4% |
每股收益（稀释后）EXLSWH
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.38 | $-0.77 | ||
| Q3 25 | $0.36 | $1.36 | ||
| Q2 25 | $0.40 | $1.13 | ||
| Q1 25 | $0.40 | $0.78 | ||
| Q4 24 | $0.31 | $1.06 | ||
| Q3 24 | $0.33 | $1.29 | ||
| Q2 24 | $0.28 | $1.07 |
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 | $64.0M |
| 总债务越低越好 | $298.6M | — |
| 股东权益账面价值 | $912.7M | $468.0M |
| 总资产 | $1.7B | $4.2B |
| 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EXLSWH
| Q1 26 | — | $64.0M | ||
| Q4 25 | $328.4M | $64.0M | ||
| Q3 25 | $390.1M | $70.0M | ||
| Q2 25 | $353.3M | $50.0M | ||
| Q1 25 | $331.4M | $48.0M | ||
| Q4 24 | $340.6M | $103.0M | ||
| Q3 24 | $325.8M | $72.0M | ||
| Q2 24 | $276.1M | $70.0M |
总债务EXLSWH
| Q1 26 | — | — | ||
| Q4 25 | $298.6M | $2.5B | ||
| Q3 25 | $354.8M | $2.6B | ||
| Q2 25 | $260.0M | $2.5B | ||
| Q1 25 | $307.3M | $2.5B | ||
| Q4 24 | $288.5M | $2.4B | ||
| Q3 24 | $344.7M | $2.4B | ||
| Q2 24 | — | $2.4B |
股东权益EXLSWH
| Q1 26 | — | $468.0M | ||
| Q4 25 | $912.7M | $468.0M | ||
| Q3 25 | $952.4M | $583.0M | ||
| Q2 25 | $1.1B | $570.0M | ||
| Q1 25 | $1.0B | $579.0M | ||
| Q4 24 | $929.9M | $650.0M | ||
| Q3 24 | $907.6M | $583.0M | ||
| Q2 24 | $852.6M | $623.0M |
总资产EXLSWH
| Q1 26 | — | $4.2B | ||
| Q4 25 | $1.7B | $4.2B | ||
| Q3 25 | $1.7B | $4.3B | ||
| Q2 25 | $1.7B | $4.3B | ||
| Q1 25 | $1.7B | $4.2B | ||
| Q4 24 | $1.6B | $4.2B | ||
| Q3 24 | $1.6B | $4.2B | ||
| Q2 24 | $1.5B | $4.2B |
负债/权益比EXLSWH
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | 5.37× | ||
| Q3 25 | 0.37× | 4.43× | ||
| Q2 25 | 0.25× | 4.44× | ||
| Q1 25 | 0.30× | 4.29× | ||
| Q4 24 | 0.31× | 3.72× | ||
| Q3 24 | 0.38× | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $168.0M |
| 自由现金流率自由现金流/营收 | 19.6% | 50.3% |
| 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 | $437.0M |
8季度趋势，按日历期对齐
经营现金流EXLSWH
| Q1 26 | — | $367.0M | ||
| Q4 25 | $117.4M | $152.0M | ||
| Q3 25 | $120.7M | $86.0M | ||
| Q2 25 | $109.4M | $70.0M | ||
| Q1 25 | $3.2M | $59.0M | ||
| Q4 24 | $105.3M | $134.0M | ||
| Q3 24 | $110.1M | $79.0M | ||
| Q2 24 | $74.9M | $1.0M |
自由现金流EXLSWH
| Q1 26 | — | $168.0M | ||
| Q4 25 | $106.5M | $136.0M | ||
| Q3 25 | $106.4M | $75.0M | ||
| Q2 25 | $95.0M | $58.0M | ||
| Q1 25 | $-9.7M | $52.0M | ||
| Q4 24 | $95.3M | $109.0M | ||
| Q3 24 | $97.3M | $71.0M | ||
| Q2 24 | $62.8M | $-6.0M |
自由现金流率EXLSWH
| Q1 26 | — | 50.3% | ||
| Q4 25 | 19.6% | 40.7% | ||
| Q3 25 | 20.1% | 19.6% | ||
| Q2 25 | 18.5% | 14.6% | ||
| Q1 25 | -1.9% | 16.5% | ||
| Q4 24 | 19.8% | 32.4% | ||
| Q3 24 | 20.6% | 17.9% | ||
| Q2 24 | 14.0% | -1.6% |
资本支出强度EXLSWH
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 4.8% | ||
| Q3 25 | 2.7% | 2.9% | ||
| Q2 25 | 2.8% | 3.0% | ||
| Q1 25 | 2.6% | 2.2% | ||
| Q4 24 | 2.1% | 7.4% | ||
| Q3 24 | 2.7% | 2.0% | ||
| Q2 24 | 2.7% | 1.9% |
现金转化率EXLSWH
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | — | ||
| Q3 25 | 2.08× | 0.82× | ||
| Q2 25 | 1.66× | 0.80× | ||
| Q1 25 | 0.05× | 0.97× | ||
| Q4 24 | 2.08× | 1.58× | ||
| Q3 24 | 2.08× | 0.77× | ||
| Q2 24 | 1.63× | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
