ExlService Holdings Inc (EXLS)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 184,558 | 142,968 | 114,758 | 89,476 | 67,659 |
| Total assets | US$ in thousands | 1,441,970 | 1,346,120 | 1,282,900 | 1,247,860 | 1,183,090 |
| ROA | 12.80% | 10.62% | 8.95% | 7.17% | 5.72% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $184,558K ÷ $1,441,970K
= 12.80%
ExlService Holdings Inc's return on assets (ROA) has shown a consistently increasing trend over the past five years, with values of 5.72% in 2019, 7.17% in 2020, 8.95% in 2021, 10.62% in 2022, and 12.80% in 2023. This indicates that the company has been more efficient in generating profits relative to its total assets each year. A rising ROA signifies that the company is utilizing its assets effectively to generate earnings. The steady growth in ROA reflects positively on the company's management of its assets and operations, indicating improved profitability and efficiency over time. This trend may suggest that ExlService Holdings Inc has been making sound strategic and operational decisions to increase its profitability relative to its asset base.
Peer comparison
Dec 31, 2023