Stocktoria

XPEL, Inc. XPEL

Nasdaq · stock · Coating, Engraving & Allied Services · website · IPO 2006-02-27

XPEL, Inc. statistics & valuation

Market cap$1.2B
P / E24.1×
P / S2.6×
P / B4.3×
P / FCF19.6×
Net margin10.8%
Return on equity18.0%
FCF margin13.2%
Net cash$50.9M
Net debt / EBITDA-0.7×
Enterprise value USD$1.2B
EV / EBITDA17.2×
Earnings yield EBIT/EV5.3%
Return on capital20.1%
Graham number -57.8%$20.71

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($20.71); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.90% 10.80% 11.50% 12.20% 12.80% 13.30% 10.80% 10.80% 20182019202020212022202320242025
Gross margin (%)
30.40% 33.50% 34.00% 35.70% 39.40% 41.00% 42.20% 42.20% 20182019202020212022202320242025
Operating margin (%)
10.70% 13.20% 14.70% 15.50% 16.60% 16.90% 14.10% 13.20% 20182019202020212022202320242025
Return on equity (%)
41.90% 39.90% 34.20% 37.40% 33.20% 29.30% 20.20% 18.00% 20182019202020212022202320242025
Shares outstanding
27.6M 27.6M 27.6M 27.6M 27.6M 27.6M 27.7M 27.7M 20182019202020212022202320242025
Net debt ($)
-$10.7M -$22.5M -$9.2M -$50.9M 20182019202020212022202320242025
Share buybacks ($)
20182019202020212022202320242025
Return on assets (%)
28.50% 27.10% 21.80% 19.60% 21.40% 20.90% 15.90% 13.40% 20182019202020212022202320242025
Free cash flow margin (%)
4.30% 7.20% 10.50% 4.50% 1.30% 7.80% 9.80% 13.20% 20182019202020212022202320242025
Debt / equity (×)
0.02× 0.12× 0.01× 0.00× 20182019202020212022202320242025
EPS ($)
$0.51 $0.66 $1.14 $1.50 $1.91 $1.65 $1.85 20182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

XPEL, Inc. trades at about 26.5× earnings — below its 10-year norm (10-year range 25.4×–72.7×, median 32.5×).

25.4× 72.7×

Shaded band = 10-year range (25.4×–72.7×); dot = today's 26.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin42.2%42.2%41.0%39.4%35.7%34.0%33.5%30.4%
Operating margin13.2%14.1%16.9%16.6%15.5%14.7%13.2%10.7%
Net margin10.8%10.8%13.3%12.8%12.2%11.5%10.8%7.9%
FCF margin13.2%9.8%7.8%1.3%4.5%10.5%7.2%4.3%
Return on assets13.4%15.9%20.9%21.4%19.6%21.8%27.1%28.5%
Return on equity18.0%20.2%29.3%33.2%37.4%34.2%39.9%41.9%
Debt / equity0.00×———0.01×0.12×0.02×—
Current ratio3.254.054.023.902.182.963.082.48

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.