Xpel (XPEL) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
420.4M
Gross Profit
177.4M
42.19%
Operating Income
59.1M
14.07%
Net Income
45.5M
10.82%
EPS (Diluted)
$1.65
Balance Sheet Metrics
Total Assets
285.6M
Total Liabilities
60.2M
Shareholders Equity
225.5M
Debt to Equity
0.27
Cash Flow Metrics
Operating Cash Flow
47.0M
Free Cash Flow
39.2M
Revenue & Profitability Trend
Xpel Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 420.4M | 396.3M | 324.0M | 259.3M | 158.9M |
| Cost of Goods Sold | 243.0M | 233.9M | 196.5M | 166.6M | 104.9M |
| Gross Profit | 177.4M | 162.4M | 127.5M | 92.7M | 54.0M |
| Operating Expenses | 118.2M | 95.4M | 73.6M | 52.6M | 30.7M |
| Operating Income | 59.1M | 67.0M | 53.9M | 40.1M | 23.4M |
| Pre-tax Income | 56.8M | 66.0M | 52.0M | 39.4M | 22.8M |
| Income Tax | 11.3M | 13.2M | 10.6M | 7.9M | 4.5M |
| Net Income | 45.5M | 52.8M | 41.4M | 31.6M | 18.3M |
| EPS (Diluted) | $1.65 | $1.91 | $1.50 | $1.14 | $0.66 |
Income Statement Trend
Xpel Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 168.3M | 146.5M | 106.8M | 79.0M | 62.8M |
| Non-Current Assets | 117.3M | 105.6M | 86.5M | 82.0M | 21.1M |
| Total Assets | 285.6M | 252.0M | 193.4M | 161.0M | 83.8M |
| Liabilities | |||||
| Current Liabilities | 41.5M | 36.5M | 27.4M | 36.3M | 21.2M |
| Non-Current Liabilities | 18.6M | 35.6M | 41.2M | 40.3M | 9.3M |
| Total Liabilities | 60.2M | 72.1M | 68.6M | 76.6M | 30.5M |
| Equity | |||||
| Total Shareholders Equity | 225.5M | 180.0M | 124.7M | 84.5M | 53.4M |
Balance Sheet Composition
Xpel Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 45.5M | 52.8M | 41.4M | 31.6M | 18.3M |
| Operating Cash Flow | 47.0M | 30.1M | 19.2M | 8.2M | 17.4M |
| Investing Activities | |||||
| Capital Expenditures | -6.7M | -6.3M | -7.9M | -6.7M | -1.7M |
| Investing Cash Flow | -16.5M | -25.1M | -12.5M | -55.8M | -4.3M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -19.3M | -7.3M | 1.6M | 44.2M | 3.5M |
| Free Cash Flow | 39.2M | 29.7M | 2.5M | 10.6M | 16.3M |
Cash Flow Trend
Xpel Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
21.02
Forward P/E
14.94
Price to Book
4.25
Price to Sales
2.30
PEG Ratio
14.94
Profitability Ratios
Profit Margin
10.92%
Operating Margin
10.71%
Return on Equity
22.48%
Return on Assets
13.79%
Financial Health
Current Ratio
4.29
Debt to Equity
8.96
Beta
1.86
Per Share Data
EPS (TTM)
$1.72
Book Value per Share
$8.51
Revenue per Share
$15.70
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| xpel | 1.0B | 21.02 | 4.25 | 22.48% | 10.92% | 8.96 |
| Genuine Parts | 16.8B | 19.95 | 3.78 | 19.13% | 3.61% | 136.68 |
| Aptiv PLC | 15.6B | 11.74 | 1.79 | 15.24% | 7.93% | 91.19 |
| Phinia | 1.7B | 24.31 | 1.11 | 4.49% | 2.28% | 67.86 |
| Adient plc | 1.9B | 86.55 | 1.13 | -8.17% | -1.86% | 130.40 |
| Microvast Holdings | 1.2B | -6.41 | 2.65 | -21.76% | -26.23% | 65.24 |
Financial data is updated regularly. All figures are in the company's reporting currency.