ExlService Holdings Inc (EXLS)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 251,274 | 198,785 | 154,169 | 126,292 | 96,443 |
| Long-term debt | US$ in thousands | 135,000 | 220,000 | 0 | 201,961 | 194,131 |
| Total stockholders’ equity | US$ in thousands | 889,437 | 758,179 | 693,156 | 719,172 | 670,001 |
| Return on total capital | 24.53% | 20.32% | 22.24% | 13.71% | 11.16% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $251,274K ÷ ($135,000K + $889,437K)
= 24.53%
ExlService Holdings Inc's return on total capital has shown a positive trend over the past five years. The company's return on total capital has increased from 9.37% in 2019 to 21.93% in 2023, indicating improving efficiency in generating profits relative to the total capital employed. This trend suggests that the company has been able to effectively utilize its capital resources to generate higher returns for its investors. Overall, the increasing trend in return on total capital reflects positively on ExlService Holdings Inc's financial performance and operational effectiveness.
Peer comparison
Dec 31, 2023