Co-movers

daily closes · 499dMethod

Moved together

XPELwithAZZ

×0.29co-movement · AZZ on XPEL · 499d

r 0.39scale to r 0.75

Shared co-movers1with XPELwith AZZ

NPOEnpro Inc.r 0.46r 0.67

XPEL, solidAZZ, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

XPELXpel, Inc.

38.89−2.92%· post 38.88

Mkt cap$1.1BRevenue$138MQ3 FY26Revenue$476MFY25

AZZAZZ Inc

126.38+3.40%· post 126.38

ClosedNov 6 '26

Mkt cap$3.8BRevenue$487MQ2 FY27Revenue$1.7BFY26

vs

Compare

ClosedNov 6 '26

XPELXpel, Inc.

vs

AZZAZZ Inc

38.89−2.92%post 38.88

Price

126.38+3.40%post 126.38

$1.1B

Mkt cap

$3.8B

Q3 FY26$138M

Revenue

$487MQ2 FY27

FY25$476M

Revenue

$1.7BFY26

XPEL compared with AZZ: revenue, margins and what each company keeps, and the suppliers and customers both name