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ExlService Holdings (ExlService Holdings) EBIT : $251 Mil (TTM As of Dec. 2023)


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What is ExlService Holdings EBIT?

ExlService Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $251 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ExlService Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 14.92%. ExlService Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 85.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ExlService Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.19%.


ExlService Holdings EBIT Historical Data

The historical data trend for ExlService Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ExlService Holdings EBIT Chart

ExlService Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.71 126.52 154.12 198.35 251.12

ExlService Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.00 62.71 67.80 61.42 59.20

Competitive Comparison of ExlService Holdings's EBIT

For the Information Technology Services subindustry, ExlService Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ExlService Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, ExlService Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ExlService Holdings's EV-to-EBIT falls into.



ExlService Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $251 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ExlService Holdings  (NAS:EXLS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

ExlService Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=217.064 * ( 1 - 28.12% )/( (1035.034 + 1055.888)/ 2 )
=156.0256032/1045.461
=14.92 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1402.493 - 93.223 - ( 274.236 - max(0, 306.146 - 651.568+274.236))
=1035.034

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1441.972 - 95.25 - ( 290.834 - max(0, 326.403 - 679.673+290.834))
=1055.888

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

ExlService Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=236.8/( ( (153.546 + max(116.912, 0)) + (165.229 + max(118.886, 0)) )/ 2 )
=236.8/( ( 270.458 + 284.115 )/ 2 )
=236.8/277.2865
=85.40 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(303.378 + 0 + 55.672) - (93.223 + 13.766 + 135.149)
=116.912

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(308.108 + 0 + 59.401) - (95.25 + 12.318 + 141.055)
=118.886

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

ExlService Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=251.121/4839.245
=5.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ExlService Holdings EBIT Related Terms

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ExlService Holdings (ExlService Holdings) Business Description

Traded in Other Exchanges
Address
320 Park Avenue, 29th Floor, New York, NY, USA, 10022
ExlService Holdings Inc. is a business process management company that provides digital operations and analytical services to clients driving enterprise-scale business transformation initiatives that leverage company's deep expertise in analytics, AI, ML and cloud. The company offers business process outsourcing and automation services, and data-driven insights to customers in multiple industries. The company operates through four segments based on the products and services offered and markets served: Insurance, Healthcare, Emerging, Analytics. The vast majority of the company's revenue is earned in the United States, and more than half of its revenue comes from Analytics segment.
Executives
Vikas Bhalla officer: VP, Operations of EXL India C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Sarah K Williamson director 55 EAST 52ND STREET, C/O EVERCORE INC., NEW YORK NY 10055
Pamela M Harrison officer: CHIEF HUMAN RESOURCES OFFICER 6620 WEST BROAD STREET, RICHMOND VA 23230
Anne Elizabeth Minto director C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Clyde W Ostler director
Maurizio Nicolelli officer: Executive Vice President & CFO C/O CASA SYSTEMS, 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Andreas Fibig director INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Ajay Ayyappan officer: SVP & Gen Counsel/Corp. Sec'y. 320 PARK AVENUE, 29TH FL, NEW YORK NY 10022
Nalin Kumar Miglani officer: VP and Chief HR Officer C/O EXLSERVICE HOLDINGS INC, 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Garen K Staglin director C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Anita Mahon officer: See Remarks 320 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Narasimha Kini officer: VP, Advis. Serv. of EXL India C/O EXLSERVICE HOLDINGS, INC., 350 PARK AVENUE, NEW YORK NY 10022
Rohit Kapoor director, officer: President and CFO C/O EXLSERVICE HOLDINGS, INC., 320 PARK AVENUE 29TH FL, NEW YORK NY 10022
Ankor Rai officer: EVP, Chief Digital Officer 320 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104