XP Inc. Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 4, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	53,766	39,358	69,332	45,438	89,601	115,148
Market Cap Growth	38.14%	-43.23%	52.59%	-49.29%	-22.19%	34.77%
Last Close Price	103.51	72.57	120.89	71.62	142.88	-
PE Ratio	10.64	8.72	17.78	12.70	24.96	55.46
PS Ratio	3.12	2.42	4.87	3.51	7.50	14.22
PB Ratio	2.27	1.96	3.56	2.67	6.21	10.57
P/FCF Ratio	2.98	3.57	8.60	25.83	-	84.32
P/OCF Ratio	2.95	3.52	8.53	25.19	-	76.22
Debt / Equity Ratio	7.72	7.94	5.47	4.44	3.99	4.20
Debt / FCF Ratio	10.12	14.43	13.20	43.03	-	33.52
Asset Turnover	0.05	0.05	0.07	0.08	0.10	0.12
Quick Ratio	1.26	1.21	1.34	1.31	1.32	1.08
Current Ratio	1.29	1.25	1.38	1.37	1.35	1.11
Return on Equity (ROE)	22.51%	22.86%	21.37%	22.76%	28.38%	23.06%
Return on Assets (ROA)	1.42%	1.51%	1.77%	2.16%	3.05%	2.98%
Return on Invested Capital (ROIC)	2.51%	2.96%	3.57%	4.23%	5.61%	5.02%
Earnings Yield	9.40%	11.47%	5.62%	7.88%	4.01%	1.80%
FCF Yield	33.61%	28.04%	11.63%	3.87%	-4.64%	1.19%
Dividend Yield	0.95%	5.54%	5.26%	-	-	-
Payout Ratio	40.30%	45.13%	90.86%	-	-	-
Buyback Yield / Dilution	2.54%	-0.76%	5.03%	0.09%	-2.57%	-9.26%
Total Shareholder Return	3.49%	4.78%	10.28%	0.09%	-2.57%	-9.26%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.