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Friday 6 November 2026 Export XPEL’s income statement to Excel — free account

XPEL, Inc.

XPEL Consumer Cyclical Auto Parts

XPEL, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $476.2 million, up 13.3% from fiscal 2024.

Revenue
+9.88%
EPS
+29.1%
Free cash flow
−41.8%
Total debt
+38,398.7%

Quarter to September 2026, against a year earlier

39.98 2.15 −5.10%
Market cap
$1.1B
P/E
18.9×
Fwd P/E
20.8×
Dividend yield
—
F-score
5/9
Altman Z
11.77
Beneish M
−2.21
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 9.34%

Capital & Financial Ratios $m

Size
Market Cap 1,100.00
Revenue ttm 520.48
Net income ttm 59.17
Free cash flow ttm (17.79)
Net debt Q 12.44
Valuation
P/E 18.89
Forward P/E 20.80
Price / sales 2.12
Forward P/S Powerpack
Price / FCF 0.00
Price / book 3.30
Financial health
Current ratio Q 2.56 (at or above 1.5: strong)
Debt / equity Q 0.17 (at or below 0.5: strong)
Interest coverage Q 51.66
Growth
Revenue growth Q +9.88% (above 0%: growing)
Operating income growth Q +25.83% (above 0%: growing)
EPS, this year +11.71%
EPS, next year A +24.19% (at or above 15%: strong)
Revenue, next year A +11.72% (at or above 10%: strong)
EPS, past 5 yrs +22.89% (at or above 15%: strong)
EPS, next 5 yrs A +27.06% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.1×, against a ten-year median of 3.5×; over the ten years it ranged from 1.5× in 2019 to 12.2× in 2021.
P/E against its own 10 years 4.16%
10-year low 10-year high
P/S against its own 10 years 7.19%
10-year low 10-year high
P/B against its own 10 years 0.91%
10-year low 10-year high
EV/Sales against its own 10 years 9.84%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 12 22 51 46
Receivables 25 30 50 60
Inventory 107 111 123 132
Other — — — —
146 168 231 244
2023 2024 2025 Q'26
Payables 32 36 54 68
ST’ Debt — — — —
Other — 1 11 21
36 42 71 95

Compound Annual Growth %

10y 5y 3y
Sales — 24.54% 13.70%
Cash Flow — 29.38% 77.07%
Earnings — 22.88% 7.37%
Book Value — 39.81% 31.74%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.55 Actual 0.62

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.43 0.48 Beat by 0.05
Q1 FY26 0.33 0.37 Beat by 0.04
Q2 FY26 0.61 0.68 Beat by 0.07
Q3 FY26 0.55 0.62 Beat by 0.07
Q4 FY26 0.52 — Reports 24 February 2027

EPS $

Mar Jun Sep Dec Year
’26 0.37 0.65 0.60 — —
’25 0.31 0.59 0.47 0.48 1.85
’24 0.24 0.54 0.54 0.32 1.65
’23 0.41 0.57 0.49 0.43 1.91
’22 0.28 0.43 0.48 0.30 1.50
’21 0.25 0.37 0.30 0.22 1.14
’20 0.06 0.14 0.24 0.22 0.66
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 117 143 138 — —
’25 104 125 125 122 476
’24 90 110 113 108 420
’23 86 102 103 106 396
’22 72 84 90 78 324
’21 52 69 69 70 259
’20 28 36 46 49 159
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 7 31 21 — —
’25 3 28 33 3 67
’24 (5) 27 20 6 48
’23 1 27 11 (1) 37
’22 (4) 2 12 2 12
’21 9 10 1 (2) 18
’20 0 12 2 4 18
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (35) 19 — —
’25 2 27 32 1 61
’24 (7) 25 18 4 39
’23 (2) 25 9 (3) 30
’22 (7) 0 10 0 3
’21 7 8 (1) (4) 11
’20 (1) 11 2 4 16
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 52 67 110 130 159 259 324 396 420 476 520 +28.0% 532 589 673 +12.2%
Gross margin, % 25.93 24.79 30.42 33.48 33.99 35.75 39.36 40.98 42.19 42.21 43.63 +16.3 pt
EBT 3 2 11 17 23 39 52 66 57 64 74 +40.4%
EBT margin, % 5.85 3.19 10.45 13.05 14.35 15.21 16.04 16.66 13.51 13.45 14.15 +7.6 pt
Net income 2 0 9 14 18 32 41 53 45 52 59 +41.9%
Per share, $
Per share, $ Revenue 2.01 2.46 3.98 4.71 5.76 9.39 11.73 14.35 15.21 17.22 18.90 +27.0%
Earnings 0.09 0.04 0.32 0.51 0.66 1.14 1.50 1.91 1.65 1.85 2.12 +39.9%
Cash flow 0.11 0.11 0.25 0.40 0.67 0.66 0.44 1.35 1.73 2.42 2.25 +40.5%
Capex 0.00 0.00 (0.08) (0.08) (0.08) (0.28) (0.34) (0.28) (0.31) (0.20) (2.89) n/m
Free cash flow 0.11 0.11 0.16 0.32 0.59 0.39 0.09 1.08 1.42 2.22 (0.65) +39.1%
Book value 0.40 0.46 0.75 1.26 1.93 3.06 4.52 6.52 8.16 10.31 12.12 +43.4%
Shares, m 26 27 28 28 28 28 28 28 28 28 28 +0.8%
Valuation, ×
Valuation, × P/E 15.51 15.51 15.51 28.87 78.12 59.89 39.70 28.34 24.35 26.83 18.89 33.3
P/S 0.00 0.00 0.00 3.11 8.96 7.27 5.04 3.75 2.63 2.90 2.12 3.4
P/B 0.00 0.00 8.17 11.59 26.67 22.32 13.10 8.26 4.90 4.84 3.30 10.0
EV/Sales 0.00 0.00 0.00 3.03 8.80 7.33 5.10 3.77 2.57 2.79 2.14 3.3
EV/FCF 0.00 0.00 0.00 44.75 85.41 178.57 641.64 50.23 27.55 21.65 (62.60) 105.0
Cash, $m
Cash, $m Operating cash flow 3 3 7 11 18 18 12 37 48 67 62 +41.6%
Capex (1) (2) (2) (2) (2) (8) (9) (8) (9) (6) (80) +16.8%
Free cash flow 3 3 5 9 16 11 3 30 39 61 (18) +40.2%
Balance, $m
Balance, $m Working capital 5 6 13 24 42 43 79 110 127 160 149 +45.7%
Net debt 3 0 (3) (11) (25) 15 18 8 (22) (51) 12 n/m
Shareholders’ equity 10 13 21 35 53 84 125 180 225 285 334 +44.6%
Returns, %
Returns, % ROA 8.86 9.61 33.29 34.03 27.00 25.78 23.35 23.71 16.92 15.33 13.16 +6.5 pt
ROIC 0.00 0.00 41.90 45.06 52.31 25.10 23.63 22.30 18.16 16.71 13.14 +16.7 pt
ROE 19.24 9.09 52.33 50.36 41.42 45.80 39.56 34.66 22.44 20.06 19.14 +0.8 pt
People
People Employees — — 180 230 330 709 818 1,054 1,143 1,337 — +33.2%
Revenue/emp, $m 0.00 0.00 0.61 0.56 0.48 0.37 0.40 0.38 0.37 0.36 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

XPEL, Inc. vs peers in Auto Parts (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
HSAI Hesai Group Sponsored ADR $1.7B 26.5× 23.1× +28.66% (above 0%: growing) +32.80% (above 0%: growing) −29.90% (below 0%: shrinking) 40.11% 0.26% Compare
THRM Gentherm Inc $1.6B 99.2× 52.5× +4.71% (above 0%: growing) n/m −45.38% (below 0%: shrinking) 23.28% 3.55% Compare
ADNT Adient $1.3B 28.7× 31.0× +1.14% (above 0%: growing) n/m −59.87% (below 0%: shrinking) 6.68% 2.63% Compare
GT The Goodyear Tire & Rubber Company $1.3B — (loss-making) — (loss-making) −2.26% (below 0%: shrinking) n/m −40.11% (below 0%: shrinking) 0.00% 0.00% Compare
XPEL XPEL, Inc. $1.1B 18.9× 20.8× +9.88% (above 0%: growing) +29.06% (above 0%: growing) −41.79% (below 0%: shrinking) 44.63% 15.30%
DCH Dauch Corporation $1.1B — (loss-making) — (loss-making) +92.40% (above 0%: growing) n/m −59.49% (below 0%: shrinking) 11.44% 3.37% Compare
SMP Standard Motor Products, Inc. $1.0B 14.6× 19.7× +1.80% (above 0%: growing) n/m +72.08% (above 0%: growing) 32.61% 9.88% Compare
PLOW Douglas Dynamics, Inc. $849.9M 13.2× 14.0× +34.48% (above 0%: growing) +169.65% (above 0%: growing) −129.22% (below 0%: shrinking) 27.44% 14.35% Compare
FOXF Fox Factory Holding Corp. $711.2M — (loss-making) — (loss-making) −4.47% (below 0%: shrinking) +42.86% (above 0%: growing) +13.54% (above 0%: growing) 30.63% 4.89% Compare
Median of peers $1.2B 26.5× 23.1× +3.26% +42.86% −42.74% 25.36% 3.46%

All 55 Auto Parts stocks →

Pay and ownership Proxy statement filed 30 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 2.69m 3.95m 830.45
2024 2.21m 1.57m 664.56
2023 2.04m 1.50m 896.01
2022 1.53m 1.40m 1,010.98
2021 1.30m 1.31m 1,136.11

Ownership

Directors and executive officers, together 9.40%
BlackRock, Inc. 14.60%
Wasatch Advisors, LP 13.80%
The Vanguard Group 5.30%
Alta Fox Capital Management LLC 5.20%
Richard K. Crumly 5.10%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

XPEL, Inc. (XPEL) Latest News

4 Nov

Impact 3 · · The Motley Fool
Impact 3 · · GuruFocus.com
Impact 3 · · MarketBeat
Impact 3 · · The Motley Fool transcript
Impact 3 · · Moby
Impact 3 · · Business Wire

23 Oct

Impact 4 · · Business Wire

15 Oct

Impact 4 · · Simply Wall St.

12 Aug

Impact 4 · · The Motley Fool transcript

8 Aug

Impact 4 ·

5 Aug

Impact 4 · transcript
Impact 3 · · expressnews.com
Impact 3 · · MarketBeat transcript
Impact 3 · · Moby transcript
Impact 3 ·
Impact 3 ·

24 Jun

Impact 3 · · Insider Monkey

19 May

Impact 4 · · Business Wire

7 May

Impact 4 · · MarketBeat
Impact 3 · · Simply Wall St.

6 May

Impact 4 · · Moby
Impact 4 · · Zacks
Impact 4 · · Business Wire

11 Apr

Impact 4 · · Simply Wall St.

1 Mar

Impact 4 · · Simply Wall St.

26 Feb

Impact 4 · · MarketBeat

25 Feb

Impact 4 · · Moby
Impact 4 · · GuruFocus.com
Impact 4 · · Business Wire

16 Feb

Impact 4 · · The Motley Fool
stockrow.com/XPEL · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com