EXLS vs. ADBE

Last updated Apr 1, 2026

Compare and contrast key facts about ExlService Holdings, Inc. (EXLS) and Adobe Inc (ADBE).

Performance

EXLS vs. ADBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ExlService Holdings, Inc. (EXLS) and Adobe Inc (ADBE). The values are adjusted to include any dividend payments, if applicable.

EXLS vs. ADBE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXLS ExlService Holdings, Inc.	-28.25%	-4.37%	43.86%	-8.96%	17.03%	70.06%	22.56%	32.00%	-12.81%	19.65%
ADBE Adobe Inc	-30.55%	-21.29%	-25.46%	77.28%	-40.65%	13.38%	51.64%	45.78%	29.10%	70.22%

Fundamentals

Market Cap EXLS : $4.95B ADBE : $99.91B
EPS EXLS : $1.54 ADBE : $17.05
PE Ratio EXLS : 19.75 ADBE : 14.26
PEG Ratio EXLS : 0.85 ADBE : 1.00
PS Ratio EXLS : 2.37 ADBE : 4.20
PB Ratio EXLS : 5.42 ADBE : 8.74
Total Revenue (TTM) EXLS : $2.09B ADBE : $24.45B
Gross Profit (TTM) EXLS : $801.08M ADBE : $21.82B
EBITDA (TTM) EXLS : $356.22M ADBE : $9.71B

Returns By Period

In the year-to-date period, EXLS achieves a -28.25% return, which is significantly higher than ADBE's -30.55% return. Over the past 10 years, EXLS has outperformed ADBE with an annualized return of 11.22%, while ADBE has yielded a comparatively lower 9.83% annualized return.

EXLS

• 1D: -0.36%
• 1M: -2.56%
• YTD: -28.25%
• 6M: -30.84%
• 1Y: -35.50%
• 3Y*: -2.01%
• 5Y*: 10.75%
• 10Y*: 11.22%

ADBE

• 1D: 0.81%
• 1M: -7.37%
• YTD: -30.55%
• 6M: -31.09%
• 1Y: -36.62%
• 3Y*: -14.24%
• 5Y*: -12.84%
• 10Y*: 9.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

EXLS vs. ADBE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EXLS

EXLS Risk / Return Rank: 6
EXLS Sharpe Ratio Rank: 5
EXLS Sortino Ratio Rank: 8
EXLS Omega Ratio Rank: 6
EXLS Calmar Ratio Rank: 11
EXLS Martin Ratio Rank: 2

ADBE

ADBE Risk / Return Rank: 6
ADBE Sharpe Ratio Rank: 2
ADBE Sortino Ratio Rank: 4
ADBE Omega Ratio Rank: 5
ADBE Calmar Ratio Rank: 11
ADBE Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EXLS vs. ADBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ExlService Holdings, Inc. (EXLS) and Adobe Inc (ADBE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EXLS	ADBE	Difference
Sharpe ratio Return per unit of total volatility	-1.00	-1.19	+0.19
Sortino ratio Return per unit of downside risk	-1.26	-1.66	+0.40
Omega ratio Gain probability vs. loss probability	0.81	0.79	+0.01
Calmar ratio Return relative to maximum drawdown	-0.85	-0.84	-0.01
Martin ratio Return relative to average drawdown	-1.91	-1.73	-0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXLS vs. ADBE - Sharpe Ratio Comparison

The current EXLS Sharpe Ratio is -1.00, which is comparable to the ADBE Sharpe Ratio of -1.19. The chart below compares the historical Sharpe Ratios of EXLS and ADBE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EXLS	ADBE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.00	-1.19	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	-0.36	+0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.29	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.41	-0.12

Correlation

The correlation between EXLS and ADBE is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EXLS vs. ADBE - Dividend Comparison

Neither EXLS nor ADBE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

EXLS vs. ADBE - Drawdown Comparison

The maximum EXLS drawdown since its inception was -80.93%, roughly equal to the maximum ADBE drawdown of -79.89%. Use the drawdown chart below to compare losses from any high point for EXLS and ADBE.

Drawdown Indicators

	EXLS	ADBE	Difference
Max Drawdown Largest peak-to-trough decline	-80.93%	-79.89%	-1.04%
Max Drawdown (1Y) Largest decline over 1 year	-41.19%	-44.18%	+2.99%
Max Drawdown (5Y) Largest decline over 5 years	-44.96%	-65.88%	+20.92%
Max Drawdown (10Y) Largest decline over 10 years	-46.23%	-65.88%	+19.65%
Current Drawdown Current decline from peak	-41.22%	-64.69%	+23.47%
Average Drawdown Average peak-to-trough decline	-16.90%	-25.80%	+8.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.31%	21.32%	-3.01%

Volatility

EXLS vs. ADBE - Volatility Comparison

The current volatility for ExlService Holdings, Inc. (EXLS) is 8.12%, while Adobe Inc (ADBE) has a volatility of 12.02%. This indicates that EXLS experiences smaller price fluctuations and is considered to be less risky than ADBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXLS	ADBE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.12%	12.02%	-3.90%
Volatility (6M) Calculated over the trailing 6-month period	29.17%	23.69%	+5.48%
Volatility (1Y) Calculated over the trailing 1-year period	35.66%	30.98%	+4.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.99%	35.53%	-5.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.63%	33.87%	-3.24%

Financials

EXLS vs. ADBE - Profitability Comparison

The chart below illustrates the profitability comparison between ExlService Holdings, Inc. and Adobe Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EXLS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, ExlService Holdings, Inc. reported a gross profit of 209.64M and revenue of 542.62M. Therefore, the gross margin over that period was 38.6%.

ADBE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Adobe Inc reported a gross profit of 5.73B and revenue of 6.40B. Therefore, the gross margin over that period was 89.6%.

EXLS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, ExlService Holdings, Inc. reported an operating income of 78.02M and revenue of 542.62M, resulting in an operating margin of 14.4%.

ADBE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Adobe Inc reported an operating income of 2.42B and revenue of 6.40B, resulting in an operating margin of 37.8%.

EXLS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, ExlService Holdings, Inc. reported a net income of 60.25M and revenue of 542.62M, resulting in a net margin of 11.1%.

ADBE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Adobe Inc reported a net income of 1.89B and revenue of 6.40B, resulting in a net margin of 29.5%.