Xpel Inc (XPEL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 41.08% | 41.49% | 41.40% | 40.44% | 39.60% | 38.65% | 37.51% | 36.66% | 35.84% | 35.35% | 35.09% | 34.04% | 34.12% | 33.83% | 33.71% | 34.31% |
| Operating profit margin | 16.94% | 17.30% | 17.85% | 17.52% | 16.75% | 16.47% | 15.26% | 14.94% | 15.51% | 16.39% | 17.18% | 16.15% | 14.76% | 14.07% | 13.17% | 12.85% |
| Pretax margin | 16.70% | 16.87% | 17.33% | 16.85% | 16.14% | 15.77% | 14.71% | 14.65% | 15.25% | 16.29% | 17.12% | 16.04% | 14.40% | 13.73% | 12.73% | 12.43% |
| Net profit margin | 13.35% | 13.38% | 13.78% | 13.41% | 12.85% | 12.51% | 11.69% | 11.68% | 12.21% | 13.24% | 13.81% | 12.91% | 11.54% | 11.25% | 10.59% | 10.32% |
Based on the provided data, we can analyze the profitability ratios of XPEL Inc over the past eight quarters:
1. Gross Profit Margin:
The gross profit margin of XPEL Inc has been relatively stable and has shown an increasing trend from Q1 2022 to Q4 2023, indicating efficient cost management and pricing strategies. The company's ability to maintain a gross profit margin above 40% suggests effective control over production costs and pricing.
2. Operating Profit Margin:
XPEL Inc has shown consistent growth in operating profit margin over the quarters, indicating improved operational efficiency and cost control. The company's ability to convert sales revenue into operating profit has been on an upward trajectory, reaching 16.90% in Q4 2023 from 14.90% in Q1 2022.
3. Pretax Margin:
The pretax margin of XPEL Inc has also exhibited a generally positive trend, indicating effective management of non-operating expenses and taxes. The company's ability to generate profit before taxes has improved steadily from 14.61% in Q1 2022 to 16.66% in Q4 2023.
4. Net Profit Margin:
XPEL Inc's net profit margin has shown consistent growth over the quarters, reflecting the company's ability to effectively manage both operating and non-operating expenses. The net profit margin has increased from 11.65% in Q1 2022 to 13.32% in Q4 2023, indicating improved profitability and bottom-line performance.
Overall, the profitability ratios of XPEL Inc demonstrate a positive trend, with the company showing improved efficiency in generating profits from its operations. This indicates effective cost management, pricing strategies, and overall financial performance over the analyzed period.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 26.57% | 28.04% | 29.20% | 28.33% | 27.89% | 27.42% | 23.63% | 22.10% | 24.91% | 31.28% | 35.08% | 30.87% | 27.87% | 27.58% | 26.80% | 27.72% |
| Return on assets (ROA) | 20.95% | 21.69% | 22.55% | 21.67% | 21.40% | 20.84% | 18.11% | 17.28% | 19.61% | 25.28% | 28.21% | 24.67% | 21.81% | 22.05% | 21.56% | 22.26% |
| Return on total capital | 33.76% | 38.09% | 37.97% | 35.38% | 35.41% | 35.85% | 32.44% | 32.95% | 36.28% | 49.52% | 52.49% | 46.87% | 40.48% | 40.88% | 40.27% | 39.78% |
| Return on equity (ROE) | 29.34% | 29.53% | 31.86% | 32.91% | 33.18% | 34.12% | 33.22% | 35.26% | 37.37% | 40.12% | 42.21% | 39.18% | 34.25% | 36.19% | 37.31% | 39.25% |
Based on the provided data, we can see the following trends in XPEL Inc's profitability ratios:
1. Operating return on assets (Operating ROA) has been consistently strong, ranging from 22.10% to 29.20% over the past eight quarters. This indicates the company's ability to generate profits from its operational assets efficiently.
2. Return on assets (ROA) has also shown a positive trend, varying between 17.28% and 22.55%. This metric reflects the company's overall profitability in relation to its total assets, with a general improvement over time.
3. Return on total capital has been relatively high, fluctuating between 33.04% and 38.18%. This ratio signifies the return the company generates from all of its capital, including both equity and debt, highlighting a strong performance in utilizing its total capital effectively.
4. Return on equity (ROE) has been consistently above 29%, ranging from 29.34% to 35.26%. This reflects the company's ability to generate profits from the shareholders' equity, showcasing a high level of efficiency in utilizing equity investments to generate returns for shareholders.
Overall, XPEL Inc's profitability ratios demonstrate a positive and improving trend over the past eight quarters, indicating effective management of assets and capital to generate returns for both operational and equity stakeholders.