Xpel (XPEL) Tax Rate (2018 - 2026)
Xpel's Tax Rate was 21.63% in Q2 2026, up 1.36 percentage points from 20.28% a year earlier and up 0.70 percentage points from the prior quarter.
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Analysis
Xpel (XPEL) Tax Rate (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Xpel's Tax Rate was 19.53% through Jun 30, 2026, down 1.33 percentage points year-over-year; for FY2025, it came in at 19.47%, down 0.41 percentage points from FY2024.
- Tax Rate has now declined for three consecutive years, with a five-year change of -0.36 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 19.88% in FY2024 (-0.15 pp), 20.04% in FY2023 (-0.33 pp), 20.37% in FY2022 (+0.41 pp) and 19.96% in FY2021 (+0.13 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q1 2025.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of -0.21 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2021 (a gain of 6.30 percentage points); the worst was Q4 2025 (a drop of 6.62 percentage points).
- Per Business Quant data, XPEL's Tax Rate in the three quarters before Q2 2026 was 20.94% (Q1 2026), 13.60% (Q4 2025) and 21.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,223.83 Bn | 1,046.06 Bn | 5.49 Bn | 15.90% |
| 2 | General Motors | 77.65 Bn | -26.96 Bn | 9.28 Bn | 14.33% |
| 3 | Ferrari | 74.09 Bn | 66.38 Bn | 1.14 Bn | 23.00% |
| 4 | Ford Motor | 49.94 Bn | -84.48 Bn | 7.38 Bn | 4.52% |
| 5 | Honda Motor | 47.69 Bn | -102.12 Bn | 8.46 Bn | - |
| 6 | Toyota Motor | 28.28 Bn | -349.28 Bn | 19.83 Bn | 23.90% |
| 7 | Rivian Automotive | 20.22 Bn | -1.51 Bn | 176.00 Mn | - |
| 8 | Magna International | 17.67 Bn | 11.65 Bn | 1.63 Bn | 27.54% |
| 9 | Stellantis | 12.86 Bn | -148.58 Bn | 3.94 Bn | - |
| 10 | Xpel | 1.07 Bn | 873.78 Mn | 63.14 Mn | 21.63% |
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% |
API Access
Xpel Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=XPEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "XPEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=XPEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();