Xpel Inc (XPEL)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	45,489	48,561	47,325	48,033	52,800	49,187	48,849	45,010	41,380	39,226	34,239	32,523	31,567	31,452	29,729	23,517	18,281	16,803	14,698	13,730
Revenue (ttm)	US$ in thousands	420,400	418,411	408,236	400,556	396,294	369,237	356,318	337,971	323,993	315,644	294,415	279,261	259,263	237,738	215,332	182,402	158,924	149,812	139,307	133,595
Net profit margin		10.82%	11.61%	11.59%	11.99%	13.32%	13.32%	13.71%	13.32%	12.77%	12.43%	11.63%	11.65%	12.18%	13.23%	13.81%	12.89%	11.50%	11.22%	10.55%	10.28%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $45,489K ÷ $420,400K
= 10.82%

The net profit margin of Xpel Inc has shown some fluctuations over the periods provided. It started at 10.28% in March 2020 and gradually increased to reach a peak of 13.81% in June 2021. However, there was a slight decline in the following quarters, with margins ranging from 11.63% to 12.77%. In the most recent period of December 2024, the net profit margin decreased to 10.82%.

Overall, the net profit margin has demonstrated some variability, with both increases and decreases observed over the quarters. It is important for Xpel Inc to closely monitor and analyze the factors contributing to these fluctuations to ensure sustainable profitability in the future.