NN vs Xpel
NN and Xpel are similar in size: $422m and $476m of revenue in their latest fiscal years. Xpel grew faster (13.3% against -9.1%). Xpel kept more of each dollar of sales as profit: a net margin of 10.8% against -8.1%. Xpel carries less debt relative to equity (0.0% against 469.3%).
| Latest fiscal year | NNNNBR, 2025 | XpelXPEL, 2025 |
|---|---|---|
| Revenue | $422m | $476m |
| Revenue growth | -9.1% | 13.3% |
| Net income | −$34.0m | $51.2m |
| Operating margin | -4.5% | 13.2% |
| Net margin | -8.1% | 10.8% |
| Return on equity | -62.7% | 20.3% |
| Free cash flow | −$7.2m | $62.9m |
| Cash | $11.4m | $50.9m |
| Total debt | $160m | $59,000 |
| Debt to equity | 469.3% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $3.0m |
| Employees | — | 1,337 |
| Market value | $309m | $1.17bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 30 (Weak) | 74 (Strong) |
| Insider trades, 12 months | 0 buys, 28 sales | 0 buys, 0 sales |