XPEL, Inc.

XPELNASDAQConsumer Cyclical● Active

$44.56

$-1.44(-3.13%)

Market Cap$1.2B

P/E Ratio—

52W High$55.91

52W Low$31.26

Avg Volume270K

Open$45.81

Beta1.11

Free Cash Flow Financials Revenue

XPEL, Inc. (XPEL) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

XPEL · free cash flow · updated Jun 8, 2026

Core FCF metrics

XPEL · FCF · TTM · margin & CAGR

Free cash flow was $62.9M for FY2025 (fiscal year ending 2025-12-31), up 53.1% year-over-year The FCF margin was 13.2%. Five-year CAGR stands at +31.0%.

FY2025 Free Cash Flow$62.9M▲ +53.1% YoY

Trailing 12M (TTM)$57.8Mtrailing 4 quarters sum

FCF Margin13.2%$62.9M ÷ revenue

3-Year CAGR+193.0%FY2022 → FY2025

5-Year CAGR+31.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

XPEL · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$66.9M(4M)$62.9M▲ +53.1%13.2%

FY2024$47.8M(7M)$41.1M▲ +38.2%9.8%

FY2023$37.4M(8M)$29.7M▲ +1089.0%7.5%

FY2022$12.1M(10M)$2.5M▼ 76.4%0.8%

FY2021$18.3M(8M)$10.6M▼ 35.1%4.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

XPEL · P/FCF · FCF yield · FCF per share

XPEL, Inc. (XPEL) trades at a FCF yield of 4.71% and a price-to-free-cash-flow ratio of 21.3x. FCF per share stands at $2.09, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.71%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.09

TTM FCF ÷ Shares Outstanding

Price / FCF

x21.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x20.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

XPEL · cash flow statement · operating / investing / financing

For FY2025, XPEL, Inc. generated $66.9M in operating cash flow and spent 4M in capital expenditures, yielding $62.9M in free cash flow.

Operating Activities

+$66.9M

Cash from core business operations

2025-12-31

Investing Activities

−$33.8M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$3.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($66.9M) − |CapEx| (4M) = FCF ($62.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

XPEL vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

XPEL, Inc.YOU

XPEL

$62.9M+53.1%13.2%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

XPEL, Inc. (XPEL) reported free cash flow of $62.9M for FY2025 (fiscal year ending 2025-12-31), up 53.1% year-over-year. The FCF margin was 13.2%.

Based on available data, XPEL, Inc. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $62.9M in FY2025. The 5-year CAGR stands at +31.0%.

XPEL, Inc.'s FCF yield is 4.71% and price-to-FCF ratio is 21.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

XPEL free cash flow · 8 questions

XPEL, Inc. free cash flow was $62.9M for FY2025, up 53.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $57.8M.

XPEL free cash flowXPEL FCFXPEL FCF 2025XPEL free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · XPEL, Inc. · XPEL, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026