ExlService Holdings Inc (EXLS)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 261,233 | 238,094 | 190,533 | 146,608 | 115,102 |
| Revenue | US$ in thousands | 1,839,380 | 1,619,020 | 1,412,250 | 1,106,200 | 951,676 |
| Pretax margin | 14.20% | 14.71% | 13.49% | 13.25% | 12.09% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $261,233K ÷ $1,839,380K
= 14.20%
The pretax margin of ExlService Holdings Inc has shown a generally positive trend over the years from December 31, 2020, to December 31, 2024. Starting at 12.09% in 2020, it increased to 13.25% in 2021, further rising to 13.49% in 2022. A significant improvement was noted in 2023 when the pretax margin reached 14.71%. However, there was a slight dip in 2024, with the pretax margin decreasing to 14.20%.
Overall, the pretax margin demonstrates that ExlService Holdings Inc has been effectively managing its expenses relative to its operating income, resulting in a consistent level of profitability before accounting for taxes. The positive trend in pretax margin indicates improved operational efficiency and effective cost management strategies, which can contribute to the company's financial health and sustainability.
Peer comparison
Dec 31, 2024