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Investment Highlights Market Valuation Price Chart Return vs. Risk About WNS Interactive Breakdown Better Bets vs. WNS Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

WNS (WNS)

Market Price (10/31/2025): $75.06 | Market Cap: $3.3 Bil
Sector: Consumer Staples | Industry: Tobacco

WNS (WNS)

Market Price (10/31/2025): $75.06
Market Cap: $3.3 Bil
Sector: Consumer Staples
Industry: Tobacco

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%		  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%

Market Valuation & Key Metrics

WNSS&P 500
REVENUE GROWTHFAIR
Rev LTM ($ Bil)1.3
Rev Chg Q9.5%6.5%
Rev Chg LTM1.9%5.4%
Rev Chg 3Y Avg5.4%5.3%
PROFITABILITYFAIR
Op Inc LTM ($ Bil)0.2
CFO LTM ($ Bil)0.2
Net Inc LTM ($ Bil)0.2
Op Mgn LTM12.4%18.7%
CFO/Rev LTM16.0%20.3%
Net Inc Mgn12.1%12.7%
VALUATIONMODERATE
P/S2.43.2
P/CFO15.115.3
P/FCF20.720.3
P/E20.023.6
STABILITYVERY GOOD
Debt/Equity0.150.21
Cash/Assets0.140.07

WNS Stock

   
   
   
   
   
   
   
Factor Drivers of Stock Movement
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Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
WNS Return-----61%61%
Peers Return8%10%-5%11%38%30%125%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
WNS Win Rate----44%67% 
Peers Win Rate40%40%38%42%61%67% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
WNS Max Drawdown------9% 
Peers Max Drawdown-29%-6%-16%-7%-10%-6% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: PM, MO, WNS, TPB, UVV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

WNS has limited trading history. Below is the Consumer Staples sector ETF (XLP) in its place.

Unique KeyEventXLPS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-17.5%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven21.2%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven682 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-24.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven33.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven154 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-16.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven19.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven404 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-33.4%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven50.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven605 days1480 days

Compare to


In The Past

SPDR Select Sector Fund's stock fell -17.5% during the 2022 Inflation Shock from a high on 4/20/2022. A -17.5% loss requires a 21.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About WNS (WNS)

Better Bets than WNS (WNS)

 WNSBetter Performance than WNS
MetricValueIndustry (Tobacco)
Rev Chg LTM1.9%PM (7.5%), TPB (28.3%), UVV (4.1%)
Rev Chg 3Y Avg5.4%PM (8.0%), UVV (10.7%)
Op Mgn LTM12.4%PM (37.1%), MO (59.0%), TPB (23.4%)
CFO/Rev LTM16.0%PM (28.8%), MO (43.8%)
FCF/Rev LTM11.7%PM (25.3%), MO (43.1%), TPB (13.8%)
Total Yield4.9%PM (7.5%), MO (16.3%), UVV (14.6%)
 WNSBetter Performance than WNS
MetricValueAll Other Sectors
Rev Chg LTM1.9%NVDA (71.6%), AAPL (6.0%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%)
Rev Chg 3Y Avg5.4%NVDA (92.0%), MSFT (13.2%), GOOGL (11.0%), AMZN (11.3%), AVGO (24.0%)
Op Mgn LTM12.4%NVDA (58.1%), AAPL (31.9%), MSFT (46.3%), GOOGL (32.2%), AVGO (39.0%)
CFO/Rev LTM16.0%NVDA (46.6%), AAPL (26.6%), MSFT (50.0%), GOOGL (39.3%), AMZN (18.1%)
FCF/Rev LTM11.7%NVDA (43.6%), AAPL (23.5%), MSFT (26.6%), GOOGL (19.1%), AVGO (41.6%)
Total Yield4.9%JPM (6.6%), XOM (9.7%), JNJ (8.2%), BAC (6.8%), BABA (36.3%)
 Best Bets In Consumer Staples Sector
 WNSMO PM MNST PG STZ CL HSY FIZZ SMPL KO
What You Pay           
P/E20.310.926.341.320.918.521.322.716.918.622.8
P/EBIT15.18.214.831.316.010.714.718.213.312.117.0
What You Get           
Rev Chg Q9.5%0.2%9.4%11.1%3.0%-15.0%1.0%26.0%0.3%-1.8%5.1%
Rev Chg LTM1.9%-0.2%7.5%3.7%1.2%-5.6%0.1%2.5%0.5%9.0%2.8%
Rev Chg 3Y Avg5.4%-0.9%8.0%8.5%1.8%0.7%4.2%5.2%1.7%7.5%4.0%
FCF/Rev 3Y Avg11.2%42.7%24.9%21.4%18.0%17.0%15.4%13.9%13.9%13.1%13.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 8.7%, alpha of 1.4%, and sharpe of 0.5

Latest Trefis Analyses

Trade Ideas

Select past ideas related to WNS. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IPAR_9302025_Dip_Buyer_FCFYield09302025IPARInterparfumsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-9.1%-9.1%-9.1%
TAP_9302025_Dip_Buyer_FCFYield09302025TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-3.5%-3.5%-3.8%
STZ_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025STZConstellation BrandsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-22.2%-22.2%-22.2%
SJM_6302025_Dip_Buyer_FCFYield06302025SJMJM SmuckerDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		5.3%5.3%0.0%
BF-B_5312025_Dip_Buyer_ValueBuy05312025BF-BBrown-FormanDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-18.7%-18.7%-22.4%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IPAR_9302025_Dip_Buyer_FCFYield09302025IPARInterparfumsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-9.1%-9.1%-9.1%
TAP_9302025_Dip_Buyer_FCFYield09302025TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-3.5%-3.5%-3.8%
STZ_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025STZConstellation BrandsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-22.2%-22.2%-22.2%
SJM_6302025_Dip_Buyer_FCFYield06302025SJMJM SmuckerDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		5.3%5.3%0.0%
BF-B_5312025_Dip_Buyer_ValueBuy05312025BF-BBrown-FormanDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-18.7%-18.7%-22.4%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1INBXInhibrx Biosciences176.8%409.8%
2PUMPProPetro71.2%16.2%
3RNAAvidity Biosciences43.5%139.6%
4DYNDyne Therapeutics42.8%-0.0%
5GCIGannett39.3%3.8%
6FORMFormFactor38.3%34.7%
7MBXMBX Biosciences35.1%18.2%
8BBNXBeta Bionics33.8% 
9GHGuardant Health33.3%202.5%
10LUMNLumen Technologies32.7%94.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-75.2%5106.3%
2LRNStride-56.1%-35.8%
3NTLAIntellia Therapeutics-52.6%5.2%
4FMCFMC-48.7%-66.6%
5FIFiserv-47.4%-68.3%
6VRNSVaronis Systems-43.8%-21.2%
7THRYThryv-33.4%-44.8%
8NFENew Fortress Energy-30.5%-91.9%
9AKBAAkebia Therapeutics-29.5%10.5%
10UAMYUnited States Antimony-28.9%371.2%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PRAXPraxis Precision Medicines279.1%161.2%
2INBXInhibrx Biosciences131.0%409.8%
3PUMPProPetro99.6%16.2%
4DYNDyne Therapeutics88.4%-0.0%
5VICRVicor85.4%89.2%
6CELCCelcuity74.6%503.2%
7GLUEMonte Rosa Therapeutics73.5%87.5%
8NVTSNavitas Semiconductor72.1%251.8%
9LUMNLumen Technologies70.3%94.7%
10BALYBallys63.4%4.1%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical-62.9%5106.3%
2LRNStride-53.8%-35.8%
3FMCFMC-51.0%-66.6%
4FIFiserv-48.3%-68.3%
5NFENew Fortress Energy-43.6%-91.9%
6VGVenture Global-41.7% 
7OGNOrganon-40.2%-55.0%
8VRNSVaronis Systems-39.5%-21.2%
9ITGRInteger-38.5%-52.2%
10LENZLENZ Therapeutics-37.9%5.5%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1INBXInhibrx Biosciences176.8%409.8%
2PUMPProPetro71.2%16.2%
3RNAAvidity Biosciences43.5%139.6%
4DYNDyne Therapeutics42.8%-0.0%
5GCIGannett39.3%3.8%
6FORMFormFactor38.3%34.7%
7MBXMBX Biosciences35.1%18.2%
8BBNXBeta Bionics33.8% 
9GHGuardant Health33.3%202.5%
10LUMNLumen Technologies32.7%94.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-75.2%5106.3%
2LRNStride-56.1%-35.8%
3NTLAIntellia Therapeutics-52.6%5.2%
4FMCFMC-48.7%-66.6%
5FIFiserv-47.4%-68.3%
6VRNSVaronis Systems-43.8%-21.2%
7THRYThryv-33.4%-44.8%
8NFENew Fortress Energy-30.5%-91.9%
9AKBAAkebia Therapeutics-29.5%10.5%
10UAMYUnited States Antimony-28.9%371.2%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for WNS

Financials

WNSPMMOTPBUVVMedian
NameWNS Philip M.Altria Turning .Universal 
Mkt Price-145.7657.1389.9450.3273.53
Mkt Cap3.3226.996.21.61.33.3
Rev LTM1,34639,99220,2593782,9442,944
Op Inc LTM16714,81911,96188261261
FCF LTM15710,1238,72852132157
FCF 3Y Avg1479,2678,7105627147
CFO LTM21511,5268,87660184215
CFO 3Y Avg19910,6798,8876287199

Growth & Margins

WNSPMMOTPBUVVMedian
NameWNS Philip M.Altria Turning .Universal 
Rev Chg LTM1.9%7.5%-0.2%28.3%4.1%4.1%
Rev Chg 3Y Avg5.4%8.0%-0.9%-1.1%10.7%5.4%
Rev Chg Q9.5%9.4%0.2%25.1%-0.6%9.4%
QoQ Delta Rev Chg LTM2.3%2.4%0.1%6.6%-0.1%2.3%
Op Mgn LTM12.4%37.1%59.0%23.4%8.9%23.4%
Op Mgn 3Y Avg12.6%35.9%57.1%25.3%7.9%25.3%
QoQ Delta Op Mgn LTM-0.9%0.7%1.7%-0.6%0.6%0.6%
CFO/Rev LTM16.0%28.8%43.8%15.9%6.3%16.0%
CFO/Rev 3Y Avg15.2%28.7%43.5%19.0%3.1%19.0%
FCF/Rev LTM11.7%25.3%43.1%13.8%4.5%13.8%
FCF/Rev 3Y Avg11.2%24.9%42.7%17.2%0.9%17.2%

Valuation

WNSPMMOTPBUVVMedian
NameWNS Philip M.Altria Turning .Universal 
Mkt Cap3.3226.996.21.61.33.3
P/S2.55.74.74.30.44.3
P/EBIT15.114.88.218.15.014.8
P/E20.326.310.936.912.220.3
P/CFO15.419.710.826.86.815.4
Total Yield4.9%7.5%16.3%3.0%14.6%7.5%
Dividend Yield0.0%3.7%7.2%0.3%6.4%3.7%
FCF Yield 3Y Avg-4.9%10.2%9.0%1.6%6.9%
D/E0.10.20.30.21.00.2
Net D/E0.10.20.20.10.90.2

Returns

WNSPMMOTPBUVVMedian
NameWNS Philip M.Altria Turning .Universal 
1M Rtn--9.3%-13.5%-9.0%-8.5%-9.2%
3M Rtn--10.3%-6.3%8.5%-6.2%-6.2%
6M Rtn--12.8%-0.4%45.1%-11.0%-5.7%
12M Rtn-14.5%21.4%93.7%5.1%17.9%
3Y Rtn-82.8%57.2%291.3%19.7%70.0%
1M Excs Rtn--10.2%-15.5%-9.3%-10.0%-10.1%
3M Excs Rtn--19.1%-15.4%1.8%-14.7%-15.1%
6M Excs Rtn--34.6%-22.2%23.3%-32.7%-27.4%
12M Excs Rtn--1.3%4.8%76.1%-10.3%1.8%
3Y Excs Rtn-13.0%-17.8%246.9%-51.4%-2.4%

Financials

$ Mil | FY: 3/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q2
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/8/20255/13/20252/6/202510/30/20248/6/20245/10/20242/2/202411/2/20238/4/20235/16/20232/9/202311/3/2022
Key Financials Quarterly            
Total Revenue354336333323323337326334327315307307
Ebitda528576635635588757435450
Operating Income314945423948404737324440
Net Income225149422915425932383533
EPS0.501.171.120.960.640.270.881.250.670.750.720.69
Key Financials TTM            
Total Revenue TTM1,3461,3151,3151,3091,3201,3231,3011,2821,2551,2241,2081,185
Ebitda TTM277281231213237237245241204195205200
Operating Income TTM167175174169174171155160153155167165
Net Income TTM163170134127144147170164137138140139
Growth Rates Quarterly            
Total Revenue Growth9.5%-0.2%2.1%-3.4%-1.0%6.9%6.3%8.7%10.5%5.4%8.0%12.2%
EBITDA Growth-6.8%140.6%31.4%-26.9%-1.4%-18.0%7.4%74.7%19.8%-19.2%9.4%6.8%
Operating Income Growth-20.7%3.6%12.8%-10.6%6.8%49.1%-9.5%17.6%-6.1%-27.0%4.0%-0.4%
Net Income Growth-24.8%249.7%16.9%-29.7%-9.5%-61.3%19.8%79.2%-3.3%-3.6%1.0%3.2%
Margins Quarterly            
EBITDA Margin14.8%25.4%22.9%19.7%17.4%10.5%17.8%26.0%17.5%13.7%17.6%16.2%
Operating Income Margin8.8%14.7%13.5%12.9%12.2%14.1%12.2%14.0%11.3%10.1%14.4%12.9%
Net Income Margin6.1%15.1%14.6%13.0%9.0%4.3%12.7%17.8%9.8%11.9%11.3%10.8%
Cash & Debt            
Total Cash222264231221301244260248165229176191
Total Debt484438381447489369375353405372364257
Net Debt / (Cash)26217415022518812511510523914318866
Cash Flows Quarterly            
FCF from Operations295389442161675913557034
Cash Flows TTM            
FCF from Operations TTM215207215193209201195198173176189175
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases75-0-072787258-086-0-030
Return on Invested Capital (ROIC) Quarterly            
ROIC32.3%85.4%100.5%70.2%63.9%122.8%139.0%155.0%50.6%81.4%76.3%196.1%
Return on Invested Capital (ROIC) TTM            
ROIC TTM51.7%82.7%97.9%67.8%81.5%122.2%122.8%130.3%53.7%90.5%72.1%201.0%

Segment Financials

Revenue by Segment

$ Mil20252024202320222021
Banking/Financial Services, and Insurance (BFSI)462406389  
Travel, Shipping/Logistics, and Utilities (TSLU)406376317  
Manufacturing/Retail/Consumer, Hi-tech/Professional Services, and Procurement (MRHP)319278218  
Healthcare/Life Sciences (HCLS)166187196  
Reconciling item-30-24-10  
Inter segments   0 
WNS Auto Claims Business Process Management   5546
WNS Global Business Process Management   858882
Total1,3231,2241,110913928


Price Behavior

WNS Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta0.09-0.01-0.680.630.79-0.13
Up Beta0.170.010.000.780.900.07
Down Beta0.480.11-1.600.650.79-0.25
Up Capture12%5%7%44%74%15%
Bmk +ve Days13233574144420
Stock +ve Days11253666132199
Down Capture-13%-18%-198%24%63%68%
Bmk -ve Days8192952107330
Stock -ve Days7132254112170

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity1,661,007
Short Interest: % Change Since 93020250.2%
Average Daily Volume1,195,140
Days-to-Cover Short Interest1.39
Basic Shares Quantity43,330,641
Short % of Basic Shares3.8%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/24/20250.1%0.3%1.1%
4/24/2025-7.6%-6.7%-13.0%
1/23/202522.6%26.1%12.1%
10/17/2024-11.1%-3.8%2.1%
7/9/20241.3%7.5%3.8%
SUMMARY STATS   
# Positive334
# Negative221
Median Positive1.3%7.5%3.0%
Median Negative-9.4%-5.3%-13.0%
Max Positive22.6%26.1%12.1%
Max Negative-11.1%-6.7%-13.0%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025808202510-Q 6/30/2025
3312025513202510-K 3/31/2025
12312024206202510-Q 12/31/2024
93020241030202410-Q 9/30/2024
6302024806202410-Q 6/30/2024
3312024510202420-F 3/31/2024
1231202320220246-K 12/31/2023
9302023110220236-K 9/30/2023
630202380420236-K 6/30/2023
3312023516202320-F 3/31/2023
1231202220920236-K 12/31/2022
9302022110320226-K 9/30/2022
630202280820226-K 6/30/2022
3312022517202220-F 3/31/2022
1231202120720226-K 12/31/2021
9302021110120216-K 9/30/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0CHINTAPALLI ANILEVP6022025Buy54.4430016,3321,535,208Form

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