Xpel (XPEL) Tax Rate (2018 - 2026)
Xpel (XPEL) posted Tax Rate of 20.94% for Q1 2026, up 53.9% quarter-over-quarter from 13.6% in Q4 2025, and down 295.0% year-on-year from 10.74% in Q1 2025.
Xpel (XPEL) Tax Rate (2018 - 2026) Analysis & Trends
Xpel (XPEL) has reported Tax Rate for 9 consecutive years, with 20.94% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 20.94%, down 295.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.01% (down 141.0% YoY), and the FY2025 annual result was 19.47%, down 41.0% from the prior year.
- Tax Rate was 20.94% for Q1 2026 at Xpel, up from 13.6% in the prior quarter.
- Over five years, Tax Rate peaked at 23.88% in Q1 2025 and troughed at 13.6% in Q4 2025.
- Average Tax Rate over 5 years is 20.12%, with a median of 20.47% recorded 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 slipped by 15 bps to 18.28% in 2023, then climbed by 11 bps to 20.23% in 2024, then sank by 33 bps to 13.6% in 2025, then surged by 54 bps to 20.94% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 20.94% in Q1 2026, 13.6% in Q4 2025, and 21.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 885.71% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 21.12% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 101.15% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 23.17% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 22.26% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 28.42% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 29.70% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | -21.56% |
| 10 | Xpel | 1.35 Bn | 1.31 Bn | 51.23 Mn | 20.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.94% |
| Mar 31, 2026 | 20.94% |
| Dec 31, 2025 | 13.60% |
| Dec 31, 2025 | 13.60% |
| Sep 30, 2025 | 21.06% |
| Sep 30, 2025 | 21.06% |
| Jun 30, 2025 | 20.28% |
| Jun 30, 2025 | 20.28% |
| Mar 31, 2025 | 23.88% |
| Mar 31, 2025 | 23.88% |
| Dec 31, 2024 | 20.23% |
| Dec 31, 2024 | 20.23% |
| Sep 30, 2024 | 20.03% |
| Sep 30, 2024 | 20.03% |
| Jun 30, 2024 | 18.82% |
| Jun 30, 2024 | 18.82% |
| Mar 31, 2024 | 21.43% |
| Mar 31, 2024 | 21.43% |
| Dec 31, 2023 | 18.28% |
| Dec 31, 2023 | 18.28% |