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Held by 431 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
How management deployed cash over 10 years — and what it earned on reinvestment.
A balanced mix of reinvestment and shareholder returns.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 21%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $146M covers the $26M due within a year 5.7× over. Scheduled principal only (excludes interest & revolver draws). As of 2019-09-30 (10-Q).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~5.9% on $299M of debt.
Cash of $146M fully covers short-term debt of $5M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.09B 100.0% | $1.84B 100.0% | $1.63B 100.0% | $1.41B 100.0% | $1.12B 100.0% | $958.4M 100.0% | $991.3M 100.0% | $883.1M 100.0% | $762.3M 100.0% | $686.0M 100.0% |
| Cost of Services | — | — | — | — | — | — | — | $584.9M 66.2% | $495.6M 65.0% | $448.0M 65.3% |
| Gross Profit | $801.1M 38.4% | $691.0M 37.6% | $607.8M 37.3% | $515.4M 36.5% | $431.4M 38.4% | $334.5M 34.9% | $335.9M 33.9% | $298.3M 33.8% | $267.2M 35.0% | $238.3M 34.7% |
| Selling, General & Admin | $255.3M 12.2% | $225.7M 12.3% | $198.3M 12.2% | $169.0M 12.0% | $142.0M 12.7% | $113.9M 11.9% | $126.9M 12.8% | $116.2M 13.2% | $102.5M 13.4% | $88.6M 12.9% |
| Total Operating Expenses | $487.3M 23.3% | $427.4M 23.2% | $369.0M 22.6% | $323.3M 22.9% | $275.5M 24.5% | $224.5M 23.4% | $259.4M 26.2% | $248.4M 28.1% | $194.4M 25.5% | $173.8M 25.3% |
| Operating Income | $313.8M 15.0% | $263.6M 14.3% | $238.8M 14.6% | $192.2M 13.6% | $155.9M 13.9% | $110.0M 11.5% | $76.5M 7.7% | $49.8M 5.6% | $72.7M 9.5% | $64.5M 9.4% |
| Interest Expense | $17.6M 0.8% | $19.3M 1.0% | $13.2M 0.8% | $8.3M 0.6% | $7.6M 0.7% | $11.2M 1.2% | $13.6M 1.4% | $7.2M 0.8% | $1.9M 0.2% | $1.3M 0.2% |
| Other Income (Expense), net | $1.3M 0.1% | -$2.3M -0.1% | -$814K -0.0% | -$2.1M -0.1% | -$9.3M -0.8% | $5.3M 0.6% | $6.6M 0.7% | $10.5M 1.2% | $12.3M 1.6% | $19.4M 2.8% |
| Pretax Income | $315.1M 15.1% | $261.3M 14.2% | $237.9M 14.6% | $190.1M 13.5% | $146.6M 13.1% | $115.3M 12.0% | $83.1M 8.4% | $60.4M 6.8% | $85.0M 11.2% | $83.9M 12.2% |
| Income Tax Expense | $63.7M 3.1% | $62.9M 3.4% | $53.5M 3.3% | $47.6M 3.4% | $31.9M 2.8% | $25.6M 2.7% | $15.2M 1.5% | $3.4M 0.4% | $36.1M 4.7% | $22.2M 3.2% |
| Net Income | $251.0M 12.0% | $198.3M 10.8% | $184.6M 11.3% | $143.0M 10.1% | $115.0M 10.2% | $89.5M 9.3% | $67.7M 6.8% | $56.7M 6.4% | $48.9M 6.4% | $61.7M 9.0% |
| Per Share | ||||||||||
| EPS (Basic) | $1.56 | $1.22 | $1.11 | $0.86 | $0.68 | $2.61 | $1.97 | $1.65 | $1.44 | $1.84 |
| EPS (Diluted) | $1.54 | $1.21 | $1.10 | $0.85 | $0.67 | $2.59 | $1.95 | $1.62 | $1.39 | $1.79 |
| Weighted Avg Shares (Basic) | 161.0M | 162.7M | 166.3M | 166.7M | 167.7M | 34.3M | 34.4M | 34.5M | 33.9M | 33.6M |
| Weighted Avg Shares (Diluted) | 162.5M | 164.3M | 168.2M | 169.2M | 171.2M | 34.6M | 34.7M | 35.0M | 35.1M | 34.6M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $35.48 today, the market must believe free cash flow compounds 10.9%/yr for a decade (off $226M normalized FCF).
The market's 10.9% is more conservative than its 9-yr track record.
2-stage DCF · 0.16B shares · net debt $152M
mean 24.5% · volatility σ 53% · implied rate exceeded in 5/9 yrs
Central path = implied 10.9%/yr growth; shaded band = ±1σ (53%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $328M buybacks = $328M returned on $298M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
Ranked against 743 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | $11.16T | — | — | — | — | — | — | — | — | — | 3,121 |
| NVDA | $5.33T | 44.8× | 40.0× | 24.7× | 65.5% | 71.1% | 55.6% | 76.3% | 72.4% | 0.1× | 5,582 |
| AAPL | $4.98T | 45.2× | 34.8× | 12.0× | 6.4% | 46.9% | 26.9% | 152% | 68.1% | 0.6× | 5,858 |
| MSFT | $3.70T | 27.7× | 19.6× | 11.1× | 17.8% | 67.9% | 40.3% | 30.2% | 27.7% | 0.2× | 5,944 |
| AVGO | $1.65T | 72.8× | 65.1× | 25.8× | 23.9% | 67.8% | 36.2% | 28.4% | 15.8% | 2.5× | 4,442 |
| MU | $1.10T | 128.8× | 60.7× | 29.3× | 48.9% | 39.8% | 22.8% | 15.8% | 12.9% | 0.7× | 2,894 |
| AMD | $888.5B | 205.7× | 210.2× | 25.6× | 34.3% | 49.5% | 12.5% | 6.9% | 6.5% | 0.8× | 3,059 |
| INTC | $543.3B | — | 67.4× | 10.3× | -0.5% | 34.8% | -0.5% | -0.2% | -0.2% | 5.5× | 2,495 |
| CSCO | $436.6B | 43.2× | 36.6× | 7.7× | 5.3% | 64.9% | 18.0% | 21.7% | 13.6% | 2.3× | 3,560 |
| PLTR | $421.4B | 279.8× | 291.6× | 94.2× | 56.2% | 82.4% | 36.3% | 22.0% | 22.0% | — | 2,883 |
| DELL | $383.6B | 67.8× | 36.1× | 3.4× | 18.8% | 20.0% | 5.2% | -240% | 20.4% | 2.8× | 1,564 |
| LRCX | $341.7B | 64.9× | 54.5× | 18.5× | 23.7% | 48.7% | 29.1% | 54.3% | 37.4% | 0.7× | 2,500 |
| RPAY | $338.0B | — | — | 1092.8× | -1.2% | 75.0% | -83.0% | -53.0% | -28.2% | -1.7× | 142 |
| AMAT | $331.0B | 48.2× | 38.1× | 11.7× | 4.4% | 48.7% | 24.7% | 34.3% | 25.9% | 0.8× | 2,826 |
| UMC | $307.4B | — | — | — | — | — | — | — | — | — | 302 |
| ARM | $281.9B | 311.6× | 242.9× | 57.3× | 22.8% | 97.5% | 18.4% | 10.9% | 10.9% | — | 730 |
| SAP | $262.5B | — | — | — | — | — | — | — | — | — | 794 |
| ANET | $250.7B | 72.6× | 63.3× | 27.8× | 28.6% | 64.1% | 39.0% | 28.4% | 28.4% | — | 1,930 |
| PANW | $250.5B | 234.4× | 156.5× | 27.2× | 14.9% | 73.4% | 12.3% | 14.5% | 14.5% | — | 2,374 |
| SNDK | $235.7B | — | — | 32.0× | 10.4% | 30.1% | -22.3% | -17.8% | -14.8% | -1.5× | 1,127 |
| TXN | $234.6B | 47.4× | 30.9× | 13.3× | 13.0% | 57.0% | 28.3% | 30.7% | 16.5% | 1.8× | 2,345 |
| CRM | $225.6B | 31.1× | 24.4× | 5.4× | 9.6% | 77.7% | 18.0% | 12.6% | 10.1% | 1.5× | 2,547 |
| IBM | $222.8B | 21.3× | — | 3.3× | 7.6% | 58.2% | 15.7% | 32.4% | 11.3% | — | 3,351 |
| MRVL | $204.0B | 78.4× | 133.3× | 24.9× | 42.1% | 51.0% | 32.6% | 18.7% | 14.2% | 2.9× | 1,477 |
| QCOM | $202.7B | 37.7× | 15.2× | 4.6× | 13.7% | 55.4% | 12.5% | 26.1% | 15.4% | 1.1× | 2,611 |
| EXLS | $5.6B | 23.0× | 15.3× | 2.7× | 13.6% | 38.4% | 12.0% | 27.5% | 20.7% | 0.8× | 431 |
Peers = companies sharing EXLS's sector (Technology) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
EOD close · as of 2026-09-17
No material risks flagged.
Where each multiple sits in its own 14-yr range · 71th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 1.4× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Gross Profit | 33.8 | 33.9 | 34.9 | 38.4 | 36.5 | 37.3 | 37.6 | 38.4 |
| SG&A | 13.2 | 12.8 | 11.9 | 12.7 | 12.0 | 12.2 | 12.3 | 12.2 |
| Operating Income | 5.6 | 7.7 | 11.5 | 13.9 | 13.6 | 14.6 | 14.3 | 15.0 |
| Income Tax | 0.4 | 1.5 | 2.7 | 2.8 | 3.4 | 3.3 | 3.4 | 3.1 |
| Net Income | 6.4 | 6.8 | 9.3 | 10.2 | 10.1 | 11.3 | 10.8 | 12.0 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on EXLS: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.