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Benzinga
Benzinga
Business
Benzinga Insights

XPEL Earnings Perspective: Return On Invested Capital

According to Benzinga Pro data XPEL (NASDAQ:XPEL) posted a 25.54% decrease in earnings from Q3. Sales, however, increased by 2.34% over the previous quarter to $70.13 million. Despite the increase in sales this quarter, the decrease in earnings may suggest XPEL is not utilizing their capital as effectively as possible. XPEL reached earnings of $8.33 million and sales of $68.53 million in Q3.

What Is ROIC?

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