XPEL, Inc. logo XPEL - XPEL, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 5
HOLD 1
SELL 0
STRONG
SELL 0
| PRICE TARGET: $58.00 DETAILS
HIGH: $58.00
LOW: $58.00
MEDIAN: $58.00
CONSENSUS: $58.00
UPSIDE: 29.72%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue
Revenue 476.2 420.4 396.3 324.0 259.3 158.9 129.9 109.9 67.7 51.8 41.5 29.6 17.9 10.7 6.0 4.1 3.8 7.8 5.9 3.4 3.0 2.6 2.0
Cost of Revenue 275.2 243.0 233.9 196.5 166.6 104.9 86.4 76.5 51.0 37.7 29.2 20.4 12.2 7.0 3.5 1.9 1.6 3.5 2.5 1.3 1.3 1.3 0.8
Gross Profit 201.0 177.4 162.4 127.5 92.7 54.0 43.5 33.4 16.8 14.0 12.3 9.3 5.7 3.6 2.5 2.2 2.2 4.3 3.4 2.1 1.8 1.3 1.2
Operating Expenses
R&D Expenses 0 2.9 0 0 0 0 0 0.2 0 0.5 0.4 0.3 0 0 0 0 0 0 0 0.2 0.2 0.1 0.1
SG&A Expenses 138.4 118.2 95.4 73.6 52.6 30.7 26.4 21.6 13.2 10.2 9.3 6.3 3.6 2.5 1.8 1.6 1.7 4.9 4.0 3.1 2.2 1.7 1.1
Other Expenses 0 (2.9) 0 0 0 0 0 0 1.4 0.6 0 0.2 0.1 0.1 0.1 1.9 0.4 0.5 0.2 0.1 0.1 0.2 0.0
Operating Expenses 138.4 118.2 95.4 73.6 52.6 30.7 26.4 21.6 14.5 10.8 9.7 6.5 3.7 2.6 1.9 1.9 2.0 5.4 4.2 3.4 2.5 1.9 1.2
Operating Income
Operating Income 62.6 59.1 67.0 53.9 40.1 23.4 17.1 11.8 2.2 3.3 2.6 2.8 2.0 1.1 0.6 0.3 0.2 (1.1) (0.8) (1.5) (0.7) (0.7) (0.0)
Interest Expense 0.1 1.0 1.2 1.4 0.3 0.2 0.1 0.2 0.3 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 77.4 69.5 76.9 61.2 44.1 25.3 18.7 13.2 3.3 4.4 3.6 3.3 2.4 1.4 1.0 0.6 0.5 (1.6) (0.6) (1.2) (0.7) (0.5) (0.0)
EBIT 64.1 57.8 67.3 53.4 39.7 23.1 17.0 11.6 2.5 3.3 2.7 2.8 2.0 1.1 0.6 0.2 (0.5) (1.9) (0.7) (1.3) (0.7) (0.6) (0.0)
Income Before Tax 64.1 56.8 66.0 52.0 39.4 22.8 17.0 11.5 2.2 3.0 2.4 2.8 2.0 1.1 0.6 0.2 0.1 (1.2) (0.8) (1.6) 0 0 0
Income Tax Expense 12.5 11.3 13.2 10.6 7.9 4.5 3.0 2.8 1.0 0.9 1.0 (0.3) 0.7 (0.1) (0.2) (0.2) 0 0.0 (0.0) 0.1 0.0 0.0 0.0
Net Income 51.2 45.5 52.8 41.4 31.6 18.3 14.0 8.7 1.2 2.2 1.6 3.1 1.3 1.2 0.8 0.4 (0.6) (3.9) (0.8) (1.5) (0.7) (0.7) (0.0)
Per Share Data
EPS (Basic) 1.85 1.65 1.91 1.50 1.14 0.66 0.51 0.32 0.04 0.08 0.06 0.12 0.05 0.05 0.03 0.02 -0.02 -0.15 -0.03 -0.07 -0.04 -0.04 -0.00
EPS (Diluted) 1.85 1.65 1.91 1.50 1.14 0.66 0.51 0.32 0.04 0.08 0.06 0.12 0.05 0.05 0.03 0.02 -0.02 -0.15 -0.03 -0.07 -0.04 -0.04 -0.00
Shares Outstanding 27.7 27.6 27.6 27.6 27.6 27.6 27.6 27.6 27.3 25.8 25.8 25.8 25.8 25.8 25.8 25.7 25.7 25.9 23.6 20.7 20.3 18.2 18.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003
Current Assets
Cash & Cash Equivalents 50.9 22.1 11.6 8.1 9.6 29.0 11.5 4.0 3.5 1.9 0.1 0.1 0.1 0.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 50.4 30.0 24.8 14.7 13.8 9.9 7.2 5.6 5.4 4.8 0.6 0.2 0.1 0.1
Inventory 122.8 110.9 106.5 80.6 51.9 22.4 15.1 10.8 10.2 7.8 0.2 0.4 0.1 0.1
Other Current Assets 6.7 5.3 3.5 3.5 0.0 0 0 0 0 0 0 0.5 0.0 0.0
Total Current Assets 230.7 168.3 146.5 106.8 79.0 62.8 36.3 21.0 19.9 14.9 1.0 1.0 0.3 0.2
Non-Current Assets
Property, Plant & Equipment 37.4 37.2 32.4 29.5 22.8 10.7 9.1 3.4 2.2 1.4 0.2 0.4 0.2 0.1
Goodwill 59.3 44.1 37.5 26.8 25.7 4.5 2.4 2.3 2.5 1.9 0 0.8 0 0
Intangible Assets 49.6 34.6 34.9 29.3 32.7 5.4 3.8 3.8 4.1 3.5 0.3 0.8 0.1 0
Long-Term Investments 0 0 0 0 0 (2.1) 0 0 0 (0.1) 0 0 0 0
Other Non-Current Assets 5.6 1.4 0.8 1.0 0.8 0.5 0 (0.4) 0 0.1 0 0.0 0 0
Total Non-Current Assets 160.5 117.3 105.6 86.5 82.0 21.1 15.3 9.5 9.1 6.8 0.6 2.0 0.3 0.1
Total Assets 391.2 285.6 252.0 193.4 161.0 83.8 51.6 30.5 29.0 21.8 1.6 3.1 0.6 0.4
Current Liabilities
Account Payables 37.8 26.3 24.2 16.7 25.2 13.0 7.4 3.9 6.5 5.9 0 1.5 0 0
Short-Term Debt 6.2 0.1 0.1 0.1 0.4 2.6 0.5 0.9 3.0 3.5 0.1 0.2 0.1 0.0
Deferred Revenue 4.8 0.8 0.8 0.3 0.8 0.2 0.6 0.1 0 0 0 0.1 0 0
Other Current Liabilities 14.5 4.3 3.2 2.2 1.5 1.3 0.8 2.5 4.1 0.2 0.8 0 0.5 0.2
Total Current Liabilities 71 41.5 36.5 27.4 36.3 21.2 11.8 8.5 13.7 9.5 1.0 1.8 0.6 0.3
Non-Current Liabilities
Long-Term Debt 0 0.2 19.3 26 25.1 3.6 0.3 1.0 0.9 1.4 0 0.1 0.1 0.2
Deferred Tax Liabilities 8.8 0.5 2.7 2.0 2.7 0.6 0.6 0.5 0.5 0.5 0 0.1 0 0
Other Non-Current Liabilities 9.5 1.8 0.9 1.1 2.6 0.7 0 0 0 0 0.0 0.0 0 0
Total Non-Current Liabilities 35.0 18.6 35.6 41.2 40.3 9.3 4.9 1.4 1.5 2.0 0.0 0.2 0.1 0.2
Total Liabilities 106.0 60.2 72.1 68.6 76.6 30.5 16.7 9.9 15.2 11.5 1.0 2.0 0.7 0.4
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9.2 6.6 6.6 6.6 0.5 0
Retained Earnings 265.3 214.1 168.6 115.8 74.4 42.9 24.6 10.6 3.6 2.4 (8.2) (6.6) (0.7) (0.1)
Accumulated Other Comprehensive Income (0.1) (4.2) (1.2) (2.2) (0.6) 0.1 (0.9) (1.2) (1.0) (0.8) 0 (0.1) 0 0
Total Stockholders' Equity 280.3 225.5 180.0 124.7 84.5 53.4 35.1 20.8 14.0 10.3 0.6 1.0 (0.1) (0.1)
Total Liabilities & Equity 391.2 285.6 252.0 193.4 161.0 83.8 51.6 30.5 29.0 21.8 1.6 3.1 0.6 0.4
Debt Metrics
Total Debt 22.9 21.1 36.1 42.1 38.3 12.1 5.9 1.8 4.1 4.9 0.1 0.3 0.2 0.2
Net Debt (28.0) (1.0) 24.5 34.0 28.6 (16.9) (5.6) (2.1) 0.6 3.1 0.0 0.2 0.1 0.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003
Operating Activities
Net Income 51.2 45.5 52.8 41.4 31.6 18.3 14.0 8.7 1.1 2.2 (0.7) (0.7) (0.0)
Depreciation & Amortization 13.3 11.7 9.6 7.8 4.4 2.2 1.7 1.4 1.8 1.1 0.1 0.2 0.0
Stock-Based Compensation 2.8 3.2 1.6 0.5 0.2 0 0 0 0 0 0.1 0.0 0
Change in Working Capital (1.3) (10.2) (26.0) (37.7) (19.2) (1.9) (5.2) (3.5) 1.2 (0.4) (0.4) 0.2 0.0
Other Non-Cash Items 1.3 0.3 0.2 0.5 0.3 0.2 0.4 0.0 0.1 0.1 0.1 0.0 0
Operating Cash Flow 66.9 47.8 37.4 12.1 18.3 18.5 11.0 6.8 4.0 2.9 (0.9) (0.2) 0.0
Investing Activities
Capital Expenditure (4.0) (6.7) (7.6) (9.6) (7.7) (2.2) (2.2) (2.4) (2.2) (1.4) (0.0) (0.2) (0.1)
Acquisitions (26.2) (9.9) (18.7) (4.7) (49.2) (2.6) (0.1) (0.8) (1.1) (0.8) 0 0 0
Purchases of Investments (2.1) 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (1.5) (1.8) (1.3) (1.5) (0.9) (0.3) (0.6) 0.2 0.0 0.0 (0.0) 0.0 0
Investing Cash Flow (33.8) (18.4) (26.4) (14.2) (56.8) (4.7) (2.3) (3.1) (3.3) (2.2) (0.0) (0.2) (0.1)
Financing Activities
Net Debt Issuance (0.2) (19.1) (7.1) 0.6 19.2 4.3 (1.1) (3.1) (1.5) (1.7) (0.0) 0.0 0.1
Stock Repurchased (3.0) (0.2) 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.4) 0 (0.2) (0.0) 0 (0.8) 0 0 (0.0) 0 0 0.4 (0.0)
Financing Cash Flow (3.7) (19.3) (7.3) 0.6 19.2 3.5 (1.1) (3.1) 1.6 (1.7) 1.1 0.4 0.1
Cash Position
Net Change in Cash 28.8 10.5 3.6 (1.6) (19.4) 17.5 7.5 0.5 1.6 (1.0) 0.2 0.0 0.0
Cash at Beginning 22.1 11.6 8.1 9.6 29.0 11.5 4.0 3.5 1.9 2.8 0.1 0.1 0.0
Cash at End 50.9 22.1 11.6 8.1 9.6 29.0 11.5 4.0 3.5 1.9 0.3 0.1 0.1
Free Cash Flow 62.9 41.1 29.7 2.5 10.6 16.3 8.7 4.4 1.7 1.6 (0.9) (0.4) (0.1)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Income Statement
Revenue 476.2 420.4 396.3 324.0 259.3 158.9 129.9 109.9 67.7 51.8 41.5 29.6 17.9 10.7 6.0 4.1 3.8 7.8 5.9 3.4 3.0 2.6 2.0
Gross Profit 201.0 177.4 162.4 127.5 92.7 54.0 43.5 33.4 16.8 14.0 12.3 9.3 5.7 3.6 2.5 2.2 2.2 4.3 3.4 2.1 1.8 1.3 1.2
Operating Income 62.6 59.1 67.0 53.9 40.1 23.4 17.1 11.8 2.2 3.3 2.6 2.8 2.0 1.1 0.6 0.3 0.2 (1.1) (0.8) (1.5) (0.7) (0.7) (0.0)
Net Income 51.2 45.5 52.8 41.4 31.6 18.3 14.0 8.7 1.2 2.2 1.6 3.1 1.3 1.2 0.8 0.4 (0.6) (3.9) (0.8) (1.5) (0.7) (0.7) (0.0)
EPS (Diluted) 1.85 1.65 1.91 1.50 1.14 0.66 0.51 0.32 0.04 0.08 0.06 0.12 0.05 0.05 0.03 0.02 -0.02 -0.15 -0.03 -0.07 -0.04 -0.04 -0.00
Balance Sheet
Cash & Equivalents 50.9 22.1 11.6 8.1 9.6 29.0 11.5 4.0 3.5 1.9 0.1 0.1 0.1 0.1
Total Assets 391.2 285.6 252.0 193.4 161.0 83.8 51.6 30.5 29.0 21.8 1.6 3.1 0.6 0.4
Total Debt 22.9 21.1 36.1 42.1 38.3 12.1 5.9 1.8 4.1 4.9 0.1 0.3 0.2 0.2
Stockholders' Equity 280.3 225.5 180.0 124.7 84.5 53.4 35.1 20.8 14.0 10.3 0.6 1.0 (0.1) (0.1)
Cash Flow
Operating Cash Flow 66.9 47.8 37.4 12.1 18.3 18.5 11.0 6.8 4.0 2.9 (0.9) (0.2) 0.0
Capital Expenditure (4.0) (6.7) (7.6) (9.6) (7.7) (2.2) (2.2) (2.4) (2.2) (1.4) (0.0) (0.2) (0.1)
Free Cash Flow 62.9 41.1 29.7 2.5 10.6 16.3 8.7 4.4 1.7 1.6 (0.9) (0.4) (0.1)