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| 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% |