Ebix (EBIXQ) Stock Price

Ebix Price

Delisted·Aug 30, 2024

Over the last 19 years Ebix grew revenue by 20.9% annually, reaching 735.63 M USD. Earnings per share have grown at 3.8% per year over the last 19 years. For Ebix, the net margin of 0.7% is down versus 16.7% a few years ago. The payout ratio is around 13% of earnings. The dividend has grown at 5.4% per year over the past 12 years.

Ebix stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Ebix over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Ebix stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Ebix's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Ebix Stock Price History
DateEbix Price
Access this data via the Eulerpool API

Ebix Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
497.80 M USD
153.00 M USD
93.10 M USD
Jan 1, 2019
580.62 M USD
139.13 M USD
96.72 M USD
Jan 1, 2020
625.61 M USD
128.87 M USD
92.38 M USD
Jan 1, 2021
994.94 M USD
119.01 M USD
68.19 M USD
Jan 1, 2022
1.05 B USD
120.34 M USD
64.65 M USD
Jan 1, 2023
735.63 M USD
100.34 M USD
4.95 M USD
Jan 1, 2024 (e)
509.01 M USD
0.00 USD
36.15 M USD
Jan 1, 2024 (e)
524.28 M USD
112.85 M USD
37.24 M USD

Ebix Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 2, 2026, 12:20 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
2009201020112012201320142015201620172018201920202021202220232024e
0.100.130.170.200.200.210.270.300.360.500.580.630.991.050.740.52
31.0836.0828.0317.752.514.9023.8312.4522.1536.5416.707.7659.045.63-30.002.95
78.3577.2779.8880.9080.3977.5772.8371.4864.2966.2062.0742.8827.5729.5246.9446.94
76.00102.00135.00161.00164.00166.00193.00213.00234.00329.00360.00268.00274.00310.00345.00245.96
39.0052.0068.0078.0075.0079.0088.00100.00113.00153.00139.00128.00119.00120.00100.00112.00
40.2139.3940.2439.2036.7636.9233.2133.5631.0430.7823.9720.4811.9711.4313.6121.37
38.0059.0071.0070.0059.0063.0079.0093.00100.0093.0096.0092.0068.0064.004.0037.00
40.7455.2620.34-1.41-15.716.7825.4017.727.53-7.003.23-4.17-26.09-5.88-93.752.78
0.160.190.300.300.300.300.300.300.300.300.300.300.300.30
18.7557.89
38.0039.0040.9039.1038.6038.0034.9032.9031.7031.5031.0031.0031.0030.8230.8730.87
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Ebix generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Ebix retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Ebix's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Ebix has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Ebix's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Ebix stock margins

The Ebix margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Ebix. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Ebix.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
66.17 %
30.74 %
18.70 %
Jan 1, 2019
62.17 %
23.96 %
16.66 %
Jan 1, 2020
42.94 %
20.60 %
14.77 %
Jan 1, 2021
27.58 %
11.96 %
6.85 %
Jan 1, 2022
29.53 %
11.46 %
6.16 %
Jan 1, 2023
46.99 %
13.64 %
0.67 %
Jan 1, 2024 (e)
46.99 %
0.00 %
7.10 %
Jan 1, 2024 (e)
46.99 %
21.52 %
7.10 %

Ebix Stock Revenue, EBIT, Earnings per Share

The Ebix earnings per share therefore indicates how much revenue Ebix has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
15.80 USD
4.86 USD
2.96 USD
Jan 1, 2019
18.73 USD
4.49 USD
3.12 USD
Jan 1, 2020
20.18 USD
4.16 USD
2.98 USD
Jan 1, 2021
32.09 USD
3.84 USD
2.20 USD
Jan 1, 2022
34.07 USD
3.90 USD
2.10 USD
Jan 1, 2023
23.83 USD
3.25 USD
0.16 USD
Jan 1, 2024 (e)
16.47 USD
0.00 USD
1.17 USD
Jan 1, 2024 (e)
16.97 USD
3.66 USD
1.21 USD

Ebix business model & stock analysis

Ebix Inc is a multinational software developer and provider of e-commerce solutions for various industries such as insurance, finance, healthcare, and government agencies. The company was founded in 1976 and is headquartered in Atlanta, Georgia, USA. It has become a leading provider of software solutions with over 40 products and over 40,000 customers in over 50 countries. Ebix was founded in 1976 under the name Delphi Information Systems and initially specialized in developing software for the healthcare industry. In 1997, the company changed its name to Ebix to focus on developing e-commerce solutions for various industries. In 2003, the company went public on the NASDAQ. In the following years, Ebix continued to expand and started partnerships and acquisitions with major companies such as A.D.A.M. Inc. and Fintechnology Inc. Ebix operates in various business areas, with a focus on software development, e-commerce and CRM solutions, and cloud-based integration platforms. The company also offers consulting and training services and works closely with its customers to develop tailored solutions that meet their specific requirements and needs. Ebix is divided into several divisions, including EbixCash, EbixExchange, Ebix Health, Ebix Insurance, Ebix Consulting, and EbixASP. These divisions cater to various industries such as financial services, insurance, healthcare, travel, and e-commerce. EbixCash focuses on providing financial activities such as remittances, payments, forex, insurance, and loans. EbixExchange focuses on developing trading solutions for various industries such as insurance, energy, healthcare, and finance. Ebix Health specializes in the development of e-health solutions that improve and optimize the workflow of patients and providers. Ebix Insurance is another important business area of Ebix and offers a wide range of insurance solutions such as broker software, CRM solutions, future value calculations, and insurance policies. Ebix Consulting provides consulting and training services to support companies in implementing Ebix products and services. Ebix offers a variety of software products tailored to the specific requirements of companies and industries. Some of the well-known Ebix products include EbixASP, Ebix SmartOffice, Ebix Health Administration Exchange, EbixExchange, and EbixNet. In conclusion, Ebix is a diversified company that offers a wide range of software products and e-commerce solutions for various industries. The company has a long history and has become a leading provider of software solutions over the years. Ebix is focused on growth and development and works closely with customers to develop customized solutions that meet their specific needs.

Ebix SWOT Analysis

Strengths

1. Diversified Product Portfolio: Ebix Inc offers a wide range of software and e-commerce solutions, catering to various industries such as insurance, healthcare, finance, and more. This diversification allows the company to capture multiple revenue streams and mitigate risks associated with any one particular sector.

2. Strong Financial Position: With consistent revenue growth and healthy profit margins, Ebix Inc boasts a strong financial position. This stability enables the company to invest in research and development, strategic partnerships, and inorganic growth opportunities.

3. Established Global Presence: Ebix Inc has a global footprint, serving clients in over 50 countries. This extensive reach enhances the company's brand image, increases market share, and provides access to various international markets.

Weaknesses

1. Dependence on Third-Party Providers: Ebix Inc relies on third-party providers for certain components of its software and e-commerce solutions. This dependence may result in potential disruptions, delays, or quality issues if these providers encounter any operational problems.

2. Vulnerability to Cybersecurity Risks: As a technology-driven company, Ebix Inc faces the constant threat of cybersecurity breaches. Any breach in data security or unauthorized access to sensitive information could adversely affect the company's reputation and lead to financial losses.

Opportunities

1. Growing Demand for Cloud-Based Solutions: The increasing adoption of cloud technology across industries presents a significant opportunity for Ebix Inc. By expanding its cloud-based offerings, the company can tap into a rapidly expanding market and attract new customers.

2. Emerging Markets: Ebix Inc can leverage its expertise and established brand to expand its presence in emerging markets, where the demand for software and e-commerce solutions is on the rise. This expansion can drive revenue growth and diversify the company's client base.

Threats

1. Intense Competition: The software and e-commerce industry is highly competitive, with numerous players offering similar solutions. Ebix Inc faces the risk of losing market share to competitors who may offer more innovative or cost-effective products.

2. Economic Downturns: During economic recessions or downturns, organizations may cut back on software and e-commerce investments, which could impact Ebix Inc's revenue and profitability. The company needs to adapt to such market fluctuations and ensure its solutions remain relevant and affordable.

Ebix Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Ebix historical P/E ratio, EBIT multiple, and P/S ratio

Ebix annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Ebix shares outstanding

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
31.50 M Stocks
Jan 1, 2019
31.00 M Stocks
Jan 1, 2020
31.00 M Stocks
Jan 1, 2021
31.00 M Stocks
Jan 1, 2022
30.82 M Stocks
Jan 1, 2023
30.87 M Stocks
Jan 1, 2024 (e)
30.87 M Stocks
Jan 1, 2024 (e)
30.87 M Stocks

Ebix stock splits

In Ebix's history, there have been no stock splits.

Ebix Dividend History

13 years of dividend payments

YearAnnual DividendYoY ChangePayments
20230.08USD 75.0%
20220.30USD 0.0%
20210.30USD 0.0%
20200.30USD 0.0%
20190.30USD 0.0%
20180.30USD 0.0%
20170.30USD 0.0%
20160.30USD 0.0%
20150.30USD 0.0%
20140.30USD 300.0%

Ebix dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2018
10.17 %
Jan 1, 2019
9.62 %
Jan 1, 2020
10.07 %
Jan 1, 2021
13.64 %
Jan 1, 2022
14.30 %
Jan 1, 2023
12.67 %
Jan 1, 2024 (e)
25.64 %
Jan 1, 2024 (e)
24.89 %
Price targets and forecasts for Ebix are not yet available.

Ebix Analyst Rating Actions

DateFirmActionRating
4/11/2023
Craig-Hallum
Craig-Hallum
MaintainedBuy
8/10/2020
BMO Capital
BMO Capital
MaintainedMarket Perform
11/13/2019
BMO Capital
BMO Capital
MaintainedMarket Perform
8/9/2019
BMO Capital
BMO Capital
MaintainedMarket Perform
5/14/2013
Tigress Financial
Tigress Financial
DowngradeStrong BuyNeutral

Ebix Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
11/12/20240.29USD130.40 MUSD2024 Q3

EESG©

Eulerpool ESG Scorecard© for the Ebix stock

73/100
85
Environment
53
Social
83
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Ebix shareholder structure

% Name
0.82996%
Lebowitz (Steven D)
Lebowitz (Steven D)
0.00000%
Florida State Board of Administration
Florida State Board of Administration
0.00000%
HSBC Global Asset Management (UK) Limited
HSBC Global Asset Management (UK) Limited
0.00000%
L2 Asset Management, LLC
L2 Asset Management, LLC

Ebix Beneficial Ownership Filings (SEC 13D/G)

Free Float
82.4%
Float Shares
-
Shares Outstanding
-

Ebix Executives and Management Board

RR

Mr. Robin Raina

(57)

Director · since 1998

Compensation3.61 M USD
LD

Mr. Leon D'apice

(66)

Corporate Executive Vice President - International Business, Managing Director - Ebix Australia Group

Compensation230,446.00 USD
JS

Mr. James Senge

(62)

Senior Vice President - EbixHealth

Compensation228,375.00 USD
GP

Mr. Graham Prior

(66)

Corporate Executive Vice President - International Business and Intellectual Property

Compensation147,955.00 USD
VG

Mr. Vikas Garg

Director

Frequently asked questions about Ebix

The business model of Ebix Inc revolves around providing software and e-commerce solutions to the insurance and financial sectors. Ebix offers a wide range of products and services including insurance software, data exchange, risk compliance solutions, and e-learning tools. The company aims to streamline various processes within the insurance industry by offering innovative technology solutions. With its global presence and extensive client base, Ebix enables insurance companies to enhance their productivity, efficiency, and customer experience. By focusing on harnessing technology for the insurance sector, Ebix Inc has established itself as a leading provider of software and services in the industry.

All fundamentals and in-depth analysis of Ebix

Our stock analysis for Ebix stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ebix. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.