ExlService Holdings Inc (EXLS)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	198,297	187,908	178,747	181,990	184,558	176,124	171,343	158,121	142,968	139,418	126,830	119,005	114,758	118,677	118,588	98,996	89,476	78,614	71,240	75,375
Revenue (ttm)	US$ in thousands	1,836,094	1,765,979	1,701,554	1,655,232	1,619,020	1,581,075	1,534,327	1,479,524	1,412,249	1,334,679	1,250,293	1,176,913	1,106,200	1,059,066	1,021,331	968,383	953,303	961,222	971,337	991,235
Net profit margin		10.80%	10.64%	10.50%	10.99%	11.40%	11.14%	11.17%	10.69%	10.12%	10.45%	10.14%	10.11%	10.37%	11.21%	11.61%	10.22%	9.39%	8.18%	7.33%	7.60%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $198,297K ÷ $1,836,094K
= 10.80%

Net profit margin is a key financial ratio that indicates the percentage of revenue that translates into net income after all expenses have been deducted. For ExlService Holdings Inc, the net profit margin has shown a fluctuating trend over the analyzed periods. From March 31, 2020, to December 31, 2024, the net profit margin ranged from a low of 7.33% to a high of 11.61%.

The net profit margin increased steadily from 7.60% in March 31, 2020, to 11.61% in June 30, 2021, indicating improving profitability. However, there was a slight dip to 10.37% by December 31, 2021, before picking up again in the following periods. The highest net profit margin of 11.40% was achieved on December 31, 2023.

Despite some fluctuations, the net profit margin generally remained above 10% from March 31, 2022, onwards, signaling a healthy profitability level for ExlService Holdings Inc. This suggests the company is efficiently managing its expenses relative to its revenue, which is a positive indicator for investors and stakeholders.