XPEL, Inc.
XPELOther · Large accelerated filer · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $476.2M | $420.4M | $396.3M | $324.0M | $259.3M | $158.9M |
| Operating income | $62.6M | $59.1M | $67.0M | $53.9M | $40.1M | $23.4M |
| Net income | $51.2M | $45.5M | $52.8M | $41.4M | $31.6M | $18.3M |
| Total assets | $382.5M | $285.6M | $252.0M | $193.4M | $161.0M | $83.8M |
| Total liabilities | $97.3M | $60.2M | $72.1M | $68.6M | $76.6M | $30.5M |
| Equity | $280.3M | $225.5M | $180.0M | $124.7M | $84.5M | $53.4M |
| EPS (diluted) | $1.85 | $1.65 | $1.91 | $1.50 | $1.14 | $0.66 |
| Shares out. | 27.7M | 27.6M | 27.6M | 27.6M | 27.6M | 27.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 13.2%
- Net margin
- 10.8%
- Return on equity
- 18.3%
- Return on assets
- 13.4%
- Return on capital (ROCE)
- 20.1%
- Liabilities / assets
- 25.4%
- Debt / equity
- 0.35×
- Book value / share
- $10.14
- Revenue growth (YoY)
- 13.3%
- Net income growth (YoY)
- 12.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 9.12safe
- Accruals / assets
- −4.1%clean
- Beneish M-Score
- -2.16normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 7 good- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Alta Fox Opportunities Fund, LpPassive (13G)May 15, 2026
- Wasatch Advisors LpPassive (13G)Feb 11, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.3M | 8.0 | +8.7% |
| Apr 30, 2026 | 2.2M | 14.8 | +0.9% |
| Apr 15, 2026 | 2.1M | 8.3 | +1.1% |
| Mar 31, 2026 | 2.1M | 6.0 | +2.9% |
| Mar 13, 2026 | 2.1M | 8.6 | +5.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Regulation FD disclosureMay 20, 2026
- Results of operationsMay 6, 2026
- Director / officer changeApr 29, 2026
- Modified shareholder rights · Amended charter or bylaws · Other material eventFeb 25, 2026
- Results of operationsFeb 25, 2026
- Results of operationsNov 5, 2025
- Modified shareholder rights · Amended charter or bylawsNov 4, 2025
- Entered a material agreement · New financial obligationSep 17, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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