ExlService (EXLS) vs WEX (WEX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
WEX (WEX) has outperformed ExlService (EXLS) over the past year, gaining 8.0% versus a loss of 16.2%. Over five years, EXLS leads with a +43.0% price change compared with -11.9% for WEX. WEX is the larger company by market cap ($5.79 billion vs $5.38 billion), about 1.1 times the size, while ExlService is growing revenue faster (+13.6% vs +1.2%).
On valuation, WEX trades at a lower forward P/E (8.0x vs 13.7x for ExlService). ExlService converts more of its revenue into profit, with a net margin of 12.0% versus 11.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EXLS | WEX |
|---|---|---|
| Share price | $35.51 | $169.96 |
| Market cap | $5.38B | $5.79B |
| 1-day change | +0.28% | -0.89% |
| YTD return | -16.33% | +14.08% |
| 1-year return | -16.15% | +7.99% |
| 5-year return | +43.01% | -11.90% |
| P/E ratio (TTM) | 22.47 | 16.95 |
| Forward P/E | 13.67 | 8.02 |
| EPS (TTM) | $1.58 | $10.03 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.09B | $2.66B |
| Revenue growth (YoY) | +13.56% | +1.24% |
| Net income (latest FY) | $251.02M | $304.10M |
| Gross margin | 38.37% | 58.64% |
| Operating margin | 15.03% | 24.95% |
| Net margin | 12.02% | 11.43% |
| 52-week high | $43.88 | $203.99 |
| 52-week low | $24.85 | $125.29 |
| Distance from 52-week high | -19.07% | -16.68% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +25.68% | +14.94% |
| Average volume | 2.22M | 646.52K |
| Shares outstanding | 151.61M | 34.08M |
| Employees | 65,000 | 6,600 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Business Services | Business Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- WEX has outperformed EXLS by 24.1 percentage points over the past year.
- ExlService trades at a higher earnings multiple (22.5x vs 16.9x trailing P/E).
- ExlService grew revenue faster in its latest fiscal year (+13.56% vs +1.24%).
About ExlService
EXLS stock →ExlService Holdings, Inc., operates as a data and artificial intelligence (AI) company in the North America, the United Kingdom, Europe, and internationally. The company operates through Insurance; Healthcare and Life Sciences; Banking, Capital Markets, and Diversified Industries; and International Growth Markets.
Consumer Discretionary · Business Services · 65,000 employees
About WEX
WEX stock →WEX Inc. operates a commerce platform in the United States and internationally.
Consumer Discretionary · Business Services · 6,600 employees
EXLS vs WEX FAQ
Which is bigger, ExlService or WEX?
WEX (WEX) is larger, with a market capitalization of $5.79B compared with $5.38B for ExlService (EXLS).
Which stock has performed better over the past year, EXLS or WEX?
WEX returned +7.99% over the past 12 months, compared with -16.15% for EXLS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EXLS or WEX?
WEX has the lower trailing P/E at 16.9, versus 22.5 for EXLS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are ExlService and WEX in the same industry?
Yes. Both are classified in the Business Services industry within the Consumer Discretionary sector.