ExlService Holdings Inc (EXLS)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 267,903 | 255,857 | 247,894 | 254,307 | 251,274 | 240,150 | 232,692 | 213,303 | 198,785 | 189,600 | 168,129 | 159,062 | 154,169 | 157,317 | 162,340 | 138,318 | 126,293 | 111,201 | 101,590 | 105,304 |
| Long-term debt | US$ in thousands | 283,598 | 339,828 | 260,000 | 280,000 | 135,000 | 160,000 | 190,000 | 160,000 | 220,000 | 235,000 | 250,000 | 260,000 | 0 | 170,000 | 139,432 | 202,687 | 201,961 | 216,235 | 215,527 | 234,820 |
| Total stockholders’ equity | US$ in thousands | 929,862 | 907,563 | 852,606 | 803,255 | 889,437 | 856,087 | 834,214 | 795,222 | 758,179 | 704,584 | 685,653 | 700,341 | 693,156 | 684,985 | 728,014 | 726,225 | 719,172 | 709,928 | 680,928 | 655,904 |
| Return on total capital | 22.08% | 20.51% | 22.28% | 23.48% | 24.53% | 23.63% | 22.72% | 22.33% | 20.32% | 20.18% | 17.97% | 16.56% | 22.24% | 18.40% | 18.71% | 14.89% | 13.71% | 12.01% | 11.33% | 11.82% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $267,903K ÷ ($283,598K + $929,862K)
= 22.08%
ExlService Holdings Inc's return on total capital has shown a generally positive trend over the period from March 31, 2020, to December 31, 2024. The ratio increased from 11.82% in March 2020 to 22.08% in December 2024.
The return on total capital peaked at 24.53% on December 31, 2023. This indicates that the company was able to generate a higher return relative to the total capital employed in its operations during that period. However, there was a slight decline in the ratio in the following periods, ending at 22.08% in December 2024.
Overall, the upward trend in return on total capital reflects the company's efficiency in utilizing its capital to generate profits and indicates a favorable performance in terms of capital management and operational effectiveness. It suggests that ExlService Holdings Inc has been successful in maximizing returns for its investors and stakeholders during the period under review.
Peer comparison
Dec 31, 2024