Genpact LimitedG
NYSE•Technology•Information Technology Services
Genpact Limited provides business process outsourcing and information technology services in India, the rest of Asia, North and Latin America, and Europe. It operates through three segments: Financial services; Consumer and Healthcare; and High Tech and Manufacturing. The Financial Services segment offers customer onboarding, customer service, collections, retail and commercial loan operations, payment operations, mortgage origination and servicing, compliance, wealth management, capital market operations support, financial crime and risk management, proprietary insurance policy suite, underwriting support, new business processing, policy administration, customer, claims management, catastrophe and exposure/risk modeling, actuarial services, end-to-end third-party administration for property and casualty claims, and technology services. The Consumer and Healthcare segment provides demand generation, sensing and planning, supply chain planning and management, pricing and trade promotion management, deduction recovery management, order management, digital commerce, customer experience, lifecycle management, regulatory operations, chemistry manufacturing control compliance, regulatory information management, claims processing and adjudication, claims recovery and payment integrity, revenue cycle management, health equity analytics, and care services. The High Tech and Manufacturing segment offers solutions for trust and safety, advertising sales support, customer and user experience, customer care support, supply chain management, direct and indirect procurement, logistics, field, aftermarket support, and engineering services. It offers digital operations, data-tech-AI, advisory, agent technology; enterprise functional services, such as finance and accounting, human resources, sales and commercial operations, marketing, and global business solutions. The company has strategic alliance with Google Cloud. The company was founded in 1997 and is based in Hamilton, Bermuda.
Genpact Limited (G) reported trailing twelve months revenue of $5.16B as of March 2026, a 6.4% increase year-over-year. Quarterly revenue reached $1.30B, reflecting continued top-line momentum.
Genpact Limited generated $569.63M in TTM net income, with quarterly EBITDA of $198.58M. The operating margin expanded from 15.1% to 15.3%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (15.3%) and net margin (11.4%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 10.8% a year ago, signaling stronger bottom-line efficiency.
G trades at a P/E of 11.2x (below the broader market average) and a P/S of 1.2x. The price-to-book ratio of 2.6x reflects a moderate premium to book value.
The company reported negative free cash flow of $-47.47M, indicating cash consumption over the period. The balance sheet shows $5.62B in total assets with $1.16B in long-term debt against $2.48B in stockholders equity for a debt-to-equity ratio of 0.5, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are stable at ~14.9%, suggesting durable pricing power and cost discipline.
Consistently high ROE averaging 23.2% suggests a durable competitive advantage and efficient capital allocation.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~12.5% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~14.8% — no sign of cost or pricing stress.
FCF covers net income by 1.2x on average — earnings are well-supported by cash generation.
D/E ratio is 0.5 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 5.2% — net buybacks are reducing shares outstanding and boosting per-share value.