Saturday 17 October 2026 Export XPEL’s income statement to Excel — free account

XPEL, Inc.

XPEL, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $476.2 million, up 13.3% from fiscal 2024. In the quarter to June 2026, revenue grew 14.7%, EPS grew 10.2%, free cash flow fell 231.0% and total debt rose 18,876.4%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

43.51 0.79 −1.78%

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Market cap: $1.2B
P/E: 22.0×
Fwd P/E: 22.1×
Dividend yield: —
F-score: 5/9
Altman Z: 11.77
Beneish M: −2.21
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 9.40%

Capital & Financial Ratios $m

Market Cap 1,220.00

Revenue 508.09

Net Income 55.60

Free Cash Flow (4.44)

Net Debt 2.78

Current Ratio 2.61

Debt/Equity 0.14

P/E ratio 21.97

Fwd P/E 22.10

P/S ratio 2.36

P/B ratio 3.76

Past 5Y EPS Growth 22.89%

This Y EPS Growth 18.92%

Next Y EPS Growth 29.24%

Next Y revenue growth 11.72%

Next 5Y EPS Growth 30.32%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 16.84%

10-year low 10-year high

P/S against its own 10 years 15.80%

10-year low 10-year high

P/B against its own 10 years 5.56%

10-year low 10-year high

EV/Sales against its own 10 years 17.55%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	12	22	51	41
Receivables	25	30	50	54
Inventory	107	111	123	128
Other	—	—	—	—
	146	168	231	227

	2023	2024	2025	Q'26
Payables	32	36	54	57
ST’ Debt	—	—	—	—
Other	—	1	11	21
	36	42	71	87

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%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	117	143	—	—	—
’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	—	—	—
’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)	—	—	—
’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.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.37	0.65	—	—	—
’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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	5.14	7.50	44.11	39.80	40.77	30.75	24.25	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	16.27	54.96	103.84	87.01	87.46	60.49	53.08
People
People	Employees	—	—	180	230	330	709	818	1,054	1,143	1,337
	Revenue/emp, $m	0.00	0.00	0.61	0.56	0.48	0.37	0.40	0.38	0.37	0.36
Income, $m
Income, $m	Revenue	52	67	110	130	159	259	324	396	420	476
	Gross margin, %	25.93	24.79	30.42	33.48	33.99	35.75	39.36	40.98	42.19	42.21
	EBT	3	2	11	17	23	39	52	66	57	64
	EBT margin, %	5.85	3.19	10.45	13.05	14.35	15.21	16.04	16.66	13.51	13.45
	Net income	2	0	9	14	18	32	41	53	45	52
	Depreciation	1	1	1	2	2	4	8	10	12	13
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
	Earnings	0.09	0.04	0.32	0.51	0.66	1.14	1.50	1.91	1.65	1.85
	Cash flow	0.11	0.11	0.25	0.40	0.67	0.66	0.44	1.35	1.73	2.42
	Capex	0.00	0.00	(0.08)	(0.08)	(0.08)	(0.28)	(0.34)	(0.28)	(0.31)	(0.20)
	Free cash flow	0.11	0.11	0.16	0.32	0.59	0.39	0.09	1.08	1.42	2.22
	Book value	0.40	0.46	0.75	1.26	1.93	3.06	4.52	6.52	8.16	10.31
	Shares, m	26	27	28	28	28	28	28	28	28	28
Valuation, ×
Valuation, ×	P/E	15.51	15.51	15.51	28.87	78.12	59.89	39.70	28.34	24.35	26.83
	P/S	1.32	1.32	1.32	3.11	8.96	7.27	5.04	3.75	2.63	2.90
	P/B	5.81	5.81	5.81	11.59	26.67	22.32	13.10	8.26	4.90	4.84
	EV/Sales	1.28	1.28	1.28	3.03	8.80	7.33	5.10	3.77	2.57	2.79
	EV/FCF	24.41	24.41	24.41	44.75	85.41	178.57	641.64	50.23	27.55	21.65
Cash, $m
Cash, $m	Operating cash flow	3	3	7	11	18	18	12	37	48	67
	Capex	(1)	(2)	(2)	(2)	(2)	(8)	(9)	(8)	(9)	(6)
	Free cash flow	3	3	5	9	16	11	3	30	39	61
Balance, $m
Balance, $m	Working capital	5	6	13	24	42	43	79	110	127	160
	Total debt	5	4	1	0	4	25	26	19	0	—
	Net debt	3	0	(3)	(11)	(25)	15	18	8	(22)	(51)
	Shareholders’ equity	10	13	21	35	53	84	125	180	225	285
Returns, %
Returns, %	ROA	8.86	9.61	33.29	34.03	27.00	25.78	23.35	23.71	16.92	15.33
	ROIC	0.00	0.00	41.90	45.06	52.31	25.10	23.63	22.30	18.16	16.71
	ROE	19.24	9.09	52.33	50.36	41.42	45.80	39.56	34.66	22.44	20.06

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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	$1.8B	25.5×	34.9×	+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	33.4×	22.0×	+10.95% (above 0%: growing)	+797.44% (above 0%: growing)	−103.23% (below 0%: shrinking)	23.17%	2.57%	Compare
ADNT Adient	$1.4B	29.9×	25.0×	+5.03% (above 0%: growing)	−25.58% (below 0%: shrinking)	+17.07% (above 0%: growing)	5.98%	2.52%	Compare
GT The Goodyear Tire & Rubber Company	$1.3B	— (loss-making)	— (loss-making)	−4.82% (below 0%: shrinking)	n/m	−130.32% (below 0%: shrinking)	16.02%	(0.52%)	Compare
XPEL XPEL, Inc.	$1.2B	22.0×	22.1×	+14.71% (above 0%: growing)	+10.17% (above 0%: growing)	−231.01% (below 0%: shrinking)	44.14%	16.23%
DCH Dauch Corporation	$1.2B	— (loss-making)	— (loss-making)	+92.40% (above 0%: growing)	n/m	−59.49% (below 0%: shrinking)	11.44%	3.37%	Compare
PLOW Douglas Dynamics, Inc.	$915.2M	17.7×	16.8×	+10.46% (above 0%: growing)	−1.82% (below 0%: shrinking)	−97.51% (below 0%: shrinking)	31.12%	16.51%	Compare
SMP Standard Motor Products, Inc.	$829.7M	16.2×	19.7×	+1.57% (above 0%: growing)	+18.26% (above 0%: growing)	+108.33% (above 0%: growing)	32.82%	10.14%	Compare
FOXF Fox Factory Holding Corp.	$777.6M	— (loss-making)	53.3×	−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	25.5×	23.5×	+7.74%	+25.53%	−44.69%	26.90%	2.97%

All 53 Auto Parts stocks →

XPEL, Inc. (XPEL) key facts

Strength: XPEL, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $476.2 million, up 13.3% from fiscal 2024.
Strength: Net income was $51.6 million, or $1.85 per share (basic), a net margin of 10.8%.
XPEL, Inc. (XPEL) is an Auto Parts company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 16, 2026, XPEL traded at $43.51, a market capitalization of $1.2 billion.
At that price the stock trades at 22.0× trailing-twelve-month earnings and 2.4× sales; its P/E is higher than 17% of its own readings over the past ten years.
Return on equity was 20.1% and debt-to-equity 0.14.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 11.77 (safe zone) for fiscal 2025.