Xpel (XPEL) Tax Rate (2018 - 2026)
Xpel's (XPEL) quarterly Tax Rate came in at 21.63% in Q2 2026, up 136.0% on a YoY basis from 9.17% in Q2 2025, and up 3.33% quarter-over-quarter from 20.94% in Q1 2026.
Analysis
Xpel (XPEL) Tax Rate (2018 - 2026) Analysis & Trends
Xpel (XPEL) has reported Tax Rate for 9 consecutive years, with 21.63% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 136.0% year-over-year to 21.63%; the trailing twelve-month figure through Jun 2026 stood at 19.53% (down 133.0% YoY), and the FY2025 full-year result was 19.47%, down 41.0% from the prior year.
- Tax Rate climbed to 21.63% in Q2 2026 per XPEL's latest filing, from 20.94% in the prior quarter.
- Across five years, Tax Rate topped out at 23.88% in Q1 2025 and bottomed at 13.6% in Q4 2025.
- Historically, Tax Rate has averaged 20.21% across 5 years, with a median of 20.48% in 2022.
- The widest YoY moves for Tax Rate: up 245 bps in 2025, down 662 bps in 2025.
- Over 5 years, Tax Rate stood at 21.45% in 2022, then decreased by 15 bps to 18.28% in 2023, then advanced by 11 bps to 20.23% in 2024, then plunged by 33 bps to 13.6% in 2025, then jumped by 59 bps to 21.63% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.63%, 20.94%, and 13.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Magna International | 18.34 Bn | 16.91 Bn | 1.61 Bn | 20.03% |
| 2 | Autoliv | 8.98 Bn | 8.60 Bn | 509.00 Mn | 34.42% |
| 3 | Lear | 6.43 Bn | 5.43 Bn | 470.30 Mn | 20.13% |
| 4 | Gentex | 4.73 Bn | 4.48 Bn | 241.00 Mn | 16.55% |
| 5 | Dorman Products | 3.78 Bn | 3.65 Bn | 251.23 Mn | 24.00% |
| 6 | Dauch | 1.60 Bn | 723.95 Mn | 338.20 Mn | 91.48% |
| 7 | Adient | 1.47 Bn | 547.40 Mn | 235.00 Mn | 20.18% |
| 8 | Xpel | 1.33 Bn | 1.29 Bn | 63.14 Mn | 21.63% |
| 9 | Standard Motor Products | 858.57 Mn | 858.57 Mn | 164.62 Mn | 27.32% |
| 10 | Cooper-Standard Holdings | 426.88 Mn | 300.30 Mn | 83.76 Mn | -40.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.63% |
| Mar 31, 2026 | 20.94% |
| Dec 31, 2025 | 13.60% |
| Sep 30, 2025 | 21.06% |
| Jun 30, 2025 | 20.28% |
| Mar 31, 2025 | 23.88% |
| Dec 31, 2024 | 20.23% |
| Sep 30, 2024 | 20.03% |
| Jun 30, 2024 | 18.82% |
| Mar 31, 2024 | 21.43% |
| Dec 31, 2023 | 18.28% |
| Sep 30, 2023 | 20.35% |
| Jun 30, 2023 | 20.58% |
| Mar 31, 2023 | 20.70% |
| Dec 31, 2022 | 21.45% |
| Sep 30, 2022 | 19.50% |
| Jun 30, 2022 | 20.49% |
| Mar 31, 2022 | 20.47% |
| Dec 31, 2021 | 23.58% |
| Sep 30, 2021 | 18.10% |