ExlService Holdings Inc (EXLS) — Free Cash Flow Generation Index

Latest as of March 2026: -6.52x

ExlService Holdings Inc (EXLS) has a Free Cash Flow Generation Index of -6.52x as of March 2026. Free cash flow of $-11.21 Million represents -7% of operating cash flow ($1.72 Million). See EXLS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

-6.52x
Free Cash Flow / Operating CF

Free Cash Flow

$-11.21 Million
USD

Operating Cash Flow

$1.72 Million
USD

Capital Expenditures

$12.93 Million
USD

ExlService Holdings Inc Free Cash Flow Generation Index (2004–2025)

Historical FCF Generation Index trend for ExlService Holdings Inc across 22 annual periods. Explore EXLS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for ExlService Holdings Inc (2004–2025)

Year-by-year Free Cash Flow Generation Index for ExlService Holdings Inc. For the full company profile including market capitalisation, see EXLS company net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.85x $298.12 Million $350.72 Million $52.60 Million ▲ +2.7%
2024 0.83x $222.26 Million $268.52 Million $46.26 Million ▲ +10.4%
2023 0.75x $158.40 Million $211.20 Million $52.80 Million ▲ +2.7%
2022 0.73x $121.31 Million $166.14 Million $44.84 Million ▼ -8.5%
2021 0.80x $147.14 Million $184.39 Million $37.25 Million ▲ +0.8%
2020 0.79x $160.75 Million $202.97 Million $42.22 Million ▲ +4.0%
2019 0.76x $128.28 Million $168.42 Million $40.14 Million ▲ +35.4%
2018 0.56x $52.00 Million $92.44 Million $40.44 Million ▼ -18.4%
2017 0.69x $77.99 Million $113.14 Million $35.15 Million ▼ -7.1%
2016 0.74x $74.41 Million $100.26 Million $25.85 Million ▲ +0.9%
2015 0.74x $71.11 Million $96.69 Million $25.59 Million ▲ +25.8%
2014 0.58x $38.98 Million $66.66 Million $27.68 Million ▼ -27.6%
2013 0.81x $66.88 Million $82.79 Million $15.92 Million ▲ +13.1%
2012 0.71x $46.98 Million $65.78 Million $18.80 Million ▲ +9.2%
2011 0.65x $36.77 Million $56.23 Million $19.47 Million ▲ +43.4%
2010 0.46x $16.65 Million $36.51 Million $19.86 Million ▼ -33.0%
2009 0.68x $24.28 Million $35.70 Million $11.42 Million ▲ +19.6%
2008 0.57x $19.54 Million $34.37 Million $14.83 Million ▼ -9.5%
2007 0.63x $14.71 Million $23.43 Million $8.71 Million ▲ +32.3%
2006 0.47x $9.39 Million $19.79 Million $10.39 Million ▲ +3.7%
2005 0.46x $6.02 Million $13.14 Million $7.13 Million ▲ +284.3%
2004 -0.25x $-2.45 Million $9.88 Million $12.34 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).