Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ExlService HoldingsEXLS +2.60%86 Interest Coverage is 17.22 as of Jun. 2026, which is 4% below its 10-year median of 17.97. GuruFocus rates EXLS with a GF Score™ of 86/100 and a GF Value™ of $48.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,721 Software companies, ExlService Holdings ranks worse than 55.96% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. ExlService Holdings's
Operating Income
for the
three
months ended in Jun. 2026 was $87 Mil. ExlService Holdings's Interest Expense for the
three
months ended in Jun. 2026 was $-5 Mil.
ExlService Holdings's interest coverage for the quarter that ended in Jun. 2026 was 17.22.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for ExlService Holdings's Interest Coverage or its related term are showing as below:
EXLS'
s Interest Coverage Range Over the Past 10 Years
Min: 6.25 Med: 17.97 Max: 48.02
Current: 18.31
EXLS's Interest Coverage is ranked worse than 55.96% of 1721
companies
in the Software industry
Industry Median: 26.06
vs EXLS: 18.31
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
ExlService Holdings Interest Coverage Related Terms
ExlService Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for ExlService Holdings's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
EXLS vs EPAM, CSQR, SAIC: Interest Coverage Comparison
For the Information Technology Services subindustry, ExlService Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Software Industry
For the Software industry and Technology sector, ExlService Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where ExlService Holdings's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (EXLS) has a Interest Coverage of 17.22 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ExlService Holdings and its competitors. This is near median its historical median of 17.97. Over the past decade, ExlService Holdings' Interest Coverage has ranged from 6.25 to 48.02. According to the industry distribution chart, ExlService Holdings ranks #963 out of 1721 companies in the Software industry, placing it in the top 56%.
Is ExlService Holdings' Interest Coverage too high?
ExlService Holdings' current Interest Coverage of 17.22 is near median its 10-year median of 17.97. Over the past 10 years, this metric has ranged from a low of 6.25 to a high of 48.02. The Software industry median Interest Coverage is 26.06. ExlService Holdings' value of 17.22 is 33.9% below this industry median. Based on the distribution chart, ExlService Holdings ranks #963 out of 1721 companies in the Software industry, which is below the industry midpoint. Overall, ExlService Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ExlService Holdings' Interest Coverage compare to EPAM and CSQR?
According to the Software industry distribution chart, ExlService Holdings ranks #963 out of 1721 companies for Interest Coverage. This places ExlService Holdings in the lower half of its industry. The industry median Interest Coverage is 26.06. ExlService Holdings' value of 17.22 is 33.9% below this benchmark. Historically, ExlService Holdings' own Interest Coverage has ranged from 6.25 to 48.02 over the past decade. While the company's 10-year median is 17.97 vs. the industry median of 26.06, ExlService Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Software company?
The median Interest Coverage among Software companies is 26.06, based on 1,721 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ExlService Holdings's current Interest Coverage of 17.22 is 33.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ExlService Holdings and its competitors. For the Software industry, the median Interest Coverage is 26.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ExlService Holdings's current Interest Coverage is 17.22, which is near median its own 10-year median of 17.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ExlService Holdings stock overvalued right now?
Based on GuruFocus' analysis, ExlService Holdings (EXLS) is currently considered Modestly Undervalued. The stock's GF Value™ is $48.11, compared to a current price of $35.47 — trading 26.3% below its estimated fair value. The current Interest Coverage is 17.22, which is near median its 10-year median of 17.97 and 33.9% below the Software industry median of 26.06. ExlService Holdings' overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For ExlService Holdings (EXLS), the current Interest Coverage is 17.22 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ExlService Holdings (EXLS) Overvalued in 2026?
Based on GuruFocus' analysis, ExlService Holdings stock appears to be undervalued.
The current stock price of $35.47 is trading 26.3% below its estimated GF Value™ of $48.11.
GuruFocus considers ExlService Holdings to be Modestly Undervalued.
Key valuation signals for EXLS:
Interest Coverage: 17.22 (near median its 10-year median of 17.97)
GF Value™: $48.11 vs. price of $35.47 (26.3% below fair value)
Industry Position: 33.9% below the Software median (#963 of 1721)
No single metric tells the full story. See the EXLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ExlService Holdings Inc. is a data analytics and digital operations company that provides data and AI-led solutions and technology-enabled services to clients across industries. The company has four reportable segments. The Insurance segment provides services such as claims management, underwriting support, and analytics solutions. The Healthcare and Life Sciences segment offers data-driven solutions and services to healthcare payers, providers, and life sciences organizations. The Banking, Capital Markets and Diversified Industries segment delivers solutions across financial services and other industries. The International Growth Markets segment focuses on providing data, AI, and digital operations services to clients outside North America.
86GF Score
Get the complete analysis for EXLS
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EXLS has been successfully added to your 
