Xpel (XPEL) Tax Rate (2018 - 2026)

Xpel (XPEL) reported Tax Rate of 20.94% for Q1 2026, down 295.0% on a YoY basis from 10.74% in Q1 2025, and up 53.9% quarter-over-quarter from 13.6% in Q4 2025.

Xpel (XPEL) Tax Rate (2018 - 2026) Analysis & Trends

Xpel has reported Tax Rate for 9 years, with the latest figure at 20.94% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 295.0% year-over-year to 20.94%; the trailing twelve-month figure through Mar 2026 stood at 19.01% (down 141.0% YoY), and the FY2025 full-year result was 19.47%, down 41.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 20.94%, up from 13.6% in the prior quarter.
  • The five-year high for Tax Rate was 23.88% in Q1 2025, with the low at 13.6% in Q4 2025.
  • Historically, Tax Rate has averaged 20.12% across 5 years, with a median of 20.47% in 2022.
  • The largest YoY upside for Tax Rate was 245 bps in 2025 against a maximum downside of 662 bps in 2025.
  • Xpel's Tax Rate stood at 21.45% in 2022, then fell by 15 bps to 18.28% in 2023, then rose by 11 bps to 20.23% in 2024, then slumped by 33 bps to 13.6% in 2025, then surged by 54 bps to 20.94% in 2026.
  • The last three Tax Rate figures came in at 20.94% (Q1 2026), 13.6% (Q4 2025), and 21.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 22.55%
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 21.12%
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn -21.56%
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 22.26%
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 23.17%
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 28.42%
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 101.15%
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 15.15%
10 Xpel 1.23 Bn 1.19 Bn 51.23 Mn 20.94%

Historic Data

Download Data
DateValue
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%