ExlService Holdings Inc (EXLS)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	67,659	50,160	46,365	48,263
Revenue (ttm)	US$ in thousands	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	984,191	962,222	943,035	913,024
Net profit margin		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%	6.87%	5.21%	4.92%	5.29%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $184,558K ÷ $1,619,020K
= 11.40%

ExlService Holdings Inc has demonstrated relatively stable net profit margins over recent quarters, ranging from 10.00% to 11.32%. The company's ability to generate profits after accounting for all expenses has remained consistent, with slight fluctuations within a narrow band. It is notable that the net profit margin has generally stayed above 10%, indicating efficient cost management and healthy profitability levels. This consistent performance suggests that ExlService Holdings Inc has a strong foundation for sustainable earnings growth, which can be favorable for investors and stakeholders.