ExlService Holdings, Inc. (EXLS) vs Pegasystems Inc. (PEGA)

A side-by-side comparison of ExlService Holdings, Inc. and Pegasystems Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — EXLS vs PEGA

growth of $100 · dividends reinvested · last 10y
EXLS +263.4% (+13.8%/yr)PEGA +142.8% (+9.3%/yr)EXLS compounded faster over this window
100200300400500Start $10020182020202220242026$363$243
EXLS PEGA

EXLS vs PEGA: by the numbers

  • •PEGA is the larger company ($5.65B vs $5.39B market cap).
  • •PEGA trades at the lower trailing earnings multiple (19.43 vs 22.37 P/E), one valuation lens rather than an overall verdict.
  • •PEGA converts more revenue to profit (18.66% vs 11.17% net margin).
  • •EXLS grew revenue faster over the past five years (16.87% vs 8.33% CAGR).
  • •PEGA pays a dividend (0.58% yield), while EXLS has no payments in the available dividend history.

Metrics side by side

Valuation

MetricEXLSPEGA
P/E ratio22.3719.43
Forward P/E15.5414.17
PEG ratio0.92N/A
P/S ratio2.413.26
P/B ratio6.2310.09
EV / EBITDA13.82N/A
FCF yield5.10%8.71%

Profitability

MetricEXLSPEGA
Gross margin38.51%75.57%
Operating margin14.90%9.94%
Net margin11.17%18.66%
ROE28.86%57.82%
ROIC17.97%25.97%

Dividends

MetricEXLSPEGA
Dividend yieldN/A0.58%
Payout ratioN/A11.44%

Growth (annualized)

MetricEXLSPEGA
Revenue CAGR (5Y)16.87%8.33%
EPS CAGR (5Y)24.58%N/A
FCF CAGR (5Y)11.74%75.52%
Total return CAGR (5Y)7.47%-10.87%

Some values include inputs from SEC filing.

Frequently asked

Which has the lower trailing P/E, EXLS or PEGA?
PEGA has the lower trailing P/E: EXLS trades at 22.37 and PEGA at 19.43. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, EXLS or PEGA?
Over the past five years, EXLS grew revenue faster — EXLS at a 16.87% CAGR versus PEGA at 8.33%.
Does EXLS or PEGA pay a bigger dividend?
PEGA pays a dividend (0.58% yield), while EXLS has no payments in the available dividend history.
Is EXLS or PEGA more profitable?
PEGA runs the higher net margin — EXLS at 11.17% versus PEGA at 18.66%.
How have EXLS and PEGA total returns compared?
Over the past 10 years, EXLS delivered 13.72% and PEGA delivered 9.17% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.