Xpel Inc (XPEL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.19% | 41.73% | 41.20% | 41.03% | 40.98% | 41.31% | 41.19% | 40.17% | 39.36% | 38.38% | 37.31% | 36.56% | 35.75% | 35.31% | 35.07% | 34.00% | 33.99% | 33.72% | 33.57% | 34.17% |
| Operating profit margin | 14.07% | 14.59% | 14.76% | 15.30% | 16.90% | 17.22% | 17.76% | 17.41% | 16.65% | 16.35% | 15.18% | 14.90% | 15.47% | 16.37% | 17.17% | 16.14% | 14.71% | 14.03% | 13.11% | 12.80% |
| Pretax margin | 13.51% | 14.41% | 14.40% | 15.00% | 16.66% | 16.80% | 17.24% | 16.74% | 16.04% | 15.66% | 14.63% | 14.61% | 15.21% | 16.27% | 17.12% | 16.02% | 14.35% | 13.69% | 12.69% | 12.40% |
| 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% |
Xpel Inc's profitability ratios have shown a positive trend over the years.
1. Gross Profit Margin: The gross profit margin has been steadily increasing from 34.17% on March 31, 2020, to 42.19% on December 31, 2024. This indicates that Xpel Inc has been able to improve its efficiency in generating profits from its sales.
2. Operating Profit Margin: The operating profit margin fluctuated during the period but generally trended upward, reaching a peak of 17.76% on June 30, 2023. This suggests that Xpel Inc has been able to manage its operating expenses effectively over time.
3. Pretax Margin: The pretax margin also shows an upward trend from 12.40% on March 31, 2020, to 16.04% on December 31, 2022. However, there was a slight decline towards the end of the period, indicating potential challenges in controlling pre-tax costs.
4. Net Profit Margin: The net profit margin improved from 10.28% on March 31, 2020, to 13.71% on June 30, 2023, before stabilizing around 11-13% in the later periods. This indicates that Xpel Inc has been able to effectively manage its overall expenses and generate solid bottom-line profits.
Overall, Xpel Inc's profitability ratios demonstrate a positive performance, with improvements in gross profit margin, operating profit margin, pretax margin, and net profit margin over the years. The company has shown strong profitability and effective cost management strategies during the analyzed period.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 20.71% | 22.35% | 23.02% | 23.70% | 25.89% | 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) | 15.93% | 17.79% | 18.07% | 18.58% | 20.41% | 21.69% | 22.55% | 21.67% | 21.40% | 20.84% | 18.11% | 17.28% | 19.61% | 25.28% | 28.21% | 24.67% | 21.80% | 22.05% | 21.56% | 22.26% |
| Return on total capital | 25.75% | 27.93% | 29.52% | 32.64% | 36.97% | 37.93% | 41.01% | 42.41% | 42.58% | 43.97% | 42.66% | 44.83% | 47.20% | 49.64% | 52.48% | 49.04% | 43.78% | 45.40% | 46.53% | 49.07% |
| Return on equity (ROE) | 20.18% | 22.20% | 23.44% | 25.77% | 29.34% | 29.53% | 31.86% | 32.91% | 33.18% | 34.12% | 33.22% | 35.26% | 37.37% | 40.11% | 42.21% | 39.18% | 34.24% | 36.19% | 37.31% | 39.25% |
Xpel Inc's profitability ratios have shown some fluctuations over the past years, indicating varying levels of profitability and efficiency in generating returns for the company and its stakeholders.
- Operating return on assets (Operating ROA) has been relatively high, ranging from 20% to 35% during the period analyzed, with a general increasing trend until March 31, 2023, followed by a slight decline.
- Return on assets (ROA) has also shown fluctuations, ranging from 15% to 28% over the same period. Although there has been some volatility, the trend has shown a gradual decrease in profitability as of December 31, 2024.
- Return on total capital, which measures the returns generated from all capital invested in the company, has decreased from around 50% in March 2020 to approximately 26% by December 31, 2024. This decline suggests a decrease in overall returns on the capital employed by the company.
- Return on equity (ROE), which represents the returns generated for the shareholders, has followed a similar declining trend, declining from around 39% in March 2020 to approximately 20% by December 31, 2024. This indicates a decrease in the company's ability to generate returns for its equity shareholders.
Overall, Xpel Inc's profitability ratios show some volatility and a general decreasing trend in profitability and efficiency in generating returns for both total capital and equity shareholders over the period analyzed. It may be important for the company to assess its operational efficiency and financial management to improve its profitability ratios in the future.