ExlService Holdings [EXLS] vs Epam Systems [EPAM] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: ExlService Holdings Inc. wins in 11 metrics, Epam Systems Inc. wins in 9 metrics, with 0 ties. ExlService Holdings Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric ExlService Holdings Inc. Epam Systems Inc. Better
P/E Ratio (TTM) 19.34 19.66 ExlService Holdings Inc.
Price-to-Book Ratio 5.10 1.95 Epam Systems Inc.
Debt-to-Equity Ratio 44.46 3.91 Epam Systems Inc.
PEG Ratio 0.86 2.10 ExlService Holdings Inc.
EV/EBITDA 13.97 8.49 Epam Systems Inc.
Profit Margin (TTM) 12.02% 6.92% ExlService Holdings Inc.
Operating Margin (TTM) 14.36% 11.86% ExlService Holdings Inc.
EBITDA Margin (TTM) 14.36% 11.86% ExlService Holdings Inc.
Return on Equity 27.25% 10.34% ExlService Holdings Inc.
Return on Assets (TTM) 11.80% 7.55% ExlService Holdings Inc.
Free Cash Flow (TTM) $298.12M $612.69M Epam Systems Inc.
1-Year Return -36.88% -41.28% ExlService Holdings Inc.
Price-to-Sales Ratio (TTM) 2.26 1.31 Epam Systems Inc.
Enterprise Value $5.02B $6.00B Epam Systems Inc.
EV/Revenue Ratio 2.40 1.10 Epam Systems Inc.
Gross Profit Margin (TTM) 38.63% 30.07% ExlService Holdings Inc.
Revenue per Share (TTM) $13 $98 Epam Systems Inc.
Earnings per Share (Diluted) $1.54 $6.72 Epam Systems Inc.
Beta (Stock Volatility) 0.90 1.73 ExlService Holdings Inc.
Short % of Float 9.36% 18.10% ExlService Holdings Inc.

ExlService Holdings Inc. vs Epam Systems Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
ExlService Holdings Inc.-0.77%2.47%-7.16%-7.77%-26.72%-28.54%
Epam Systems Inc.-5.76%-4.33%-12.04%-30.89%-51.36%-51.47%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
ExlService Holdings Inc.-36.88%-7.22%39.84%177.53%531.09%670.03%
Epam Systems Inc.-41.28%-60.54%-78.76%35.64%633.95%633.95%

Performance & Financial Health Analysis: ExlService Holdings Inc. vs Epam Systems Inc.

MetricEXLSEPAM
Market Information
Market Cap i$4.85B$6.54B
Market Cap CategoryMid capMid cap
10 Day Avg. Volume i1,911,4681,469,681
90 Day Avg. Volume i2,039,0231,259,624
Last Close$29.45$97.28
52 Week Range$26.82 - $48.54$89.25 - $222.53
% from 52W High-39.33%-56.28%
All-Time High$52.43 (Feb 03, 2025)$725.40 (Nov 01, 2021)
% from All-Time High-43.83%-86.59%
Growth Metrics
Quarterly Revenue Growth0.13%0.13%
Quarterly Earnings Growth0.19%0.06%
Financial Health
Profit Margin (TTM) i0.12%0.07%
Operating Margin (TTM) i0.14%0.12%
Return on Equity (TTM) i0.27%0.10%
Debt to Equity (MRQ) i44.463.91
Cash & Liquidity
Book Value per Share (MRQ)$5.84$67.75
Cash per Share (MRQ)$2.10$23.94
Operating Cash Flow (TTM) i$350.72M$654.93M
Levered Free Cash Flow (TTM) i$257.52M$725.31M
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: ExlService Holdings Inc. vs Epam Systems Inc.

MetricEXLS (Apr 24, 2026)EPAM (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i19.3419.66
Forward P/E i12.189.48
PEG Ratio i0.862.10
Price to Sales (TTM) i2.261.31
Price to Book (MRQ) i5.101.95
Market Capitalization
Market Capitalization i$4.85B$6.54B
Enterprise Value i$5.02B$6.00B
Enterprise Value Metrics
Enterprise to Revenue i2.401.10
Enterprise to EBITDA i13.978.49
Risk & Other Metrics
Beta i0.901.73
Book Value per Share (MRQ) i$5.84$67.75

Financial Statements Comparison: ExlService Holdings Inc. vs Epam Systems Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricEXLS (2025)EPAM (2025)
Revenue/Sales i2.09B5.46B
Cost of Goods Sold i1.29B3.88B
COGS % of Revenue i61.6%71.2%
Gross Profit i801.08M1.57B
Gross Margin i38.4%28.8%
Research & Development iN/AN/A
Operating Income (EBIT) i313.75M520.00M
Operating Margin i15.0%9.5%
EBITDA i407.65M712.01M
EBITDA Margin i19.5%13.0%
Pre-Tax Income i315.05M505.62M
Pre-Tax Income % of Revenue i15.1%9.3%
Income Tax i63.73M127.95M
Income Tax % of Revenue i3.1%2.3%
Net Income (Profit) i251.02M377.68M
Profit Margin i12.0%6.9%

Balance Sheet & Liquidity Metrics

MetricEXLS (2025)EPAM (2025)
Cash & Equivalents i146.33M1.30B
Total Current Assets i829.96M2.53B
Total Current Assets % of Revenue i39.8%46.4%
Total Current Liabilities i324.13M976.94M
Total Current Liabilities % of Revenue i15.5%17.9%
Long-Term Debt i381.88M106.53M
Long-Term Debt % of Revenue i18.3%2.0%
Total Shareholders Equity i912.71M3.68B
Retained Earnings i1.53B2.27B
Retained Earnings % of Revenue i73.4%41.6%
Property, Plant & Equipment i97.41M114.88M

Cash Flow Statement Comparison

MetricEXLS (2025)EPAM (2025)
Operating Cash Flow i343.51M544.02M
Operating Cash Flow % of Revenue i16.5%10.0%
Capital Expenditures i-52.25M-42.24M
Free Cash Flow i298.12M612.69M
FCF Margin i14.3%11.2%
Debt Repayment i-225.51M-8.26M
Common Stock Repurchase i-328.49M-662.16M

Short Interest & Institutional Ownership Analysis

MetricEXLSEPAM
Shares Short i10.26M6.77M
Short Ratio i4.775.44
Short % of Float i9.36%18.10%
Shares Outstanding i156.43M54.27M
Float Shares i151.10M52.13M
% Held by Insiders i3.11%3.17%
% Held by Institutions i100.94%112.99%
% Held by Public i-4.05%-16.16%

Dividend Analysis & Yield Comparison: ExlService Holdings Inc. vs Epam Systems Inc.

MetricEXLSEPAM
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A