XP Inc. Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 21, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	10,483	8,492	6,369	14,325	8,598	16,082
Market Cap Growth	37.07%	33.34%	-55.54%	66.62%	-46.54%	-27.49%
Enterprise Value	-10,722	-14,542	-10,791	-5,048	-3,701	5,277
Last Close Price	20.31	16.37	11.85	26.07	15.34	28.74
PE Ratio	11.80	9.29	8.90	17.66	12.98	25.58
Forward PE	9.55	8.92	7.94	15.15	10.76	24.13
PEG Ratio	0.61	0.59	0.66	1.10	0.67	0.66
PS Ratio	3.32	2.55	2.31	4.68	3.41	7.42
PB Ratio	2.53	1.99	1.96	3.57	2.67	6.21
P/TBV Ratio	0.46	0.37	0.32	0.73	0.52	1.14
P/FCF Ratio	4.50	3.96	3.57	8.62	25.84	-21.56
P/OCF Ratio	4.90	3.89	3.52	8.55	25.20	-22.29
EV/Sales Ratio	-	-4.36	-3.92	-1.65	-1.47	2.43
EV/EBITDA Ratio	-	-12.81	-11.14	-5.18	-4.81	7.02
EV/EBIT Ratio	-	-13.46	-11.66	-5.47	-5.07	7.43
EV/FCF Ratio	-	-6.78	-6.04	-3.04	-11.12	-7.07
Debt / Equity Ratio	7.74	7.74	8.41	4.93	4.54	3.65
Debt / EBITDA Ratio	29.07	29.12	28.19	20.26	19.03	12.56
Debt / FCF Ratio	15.41	15.41	15.29	11.90	43.96	-12.67
Net Debt / Equity Ratio	-5.39	-5.39	-5.29	-4.83	-3.82	-4.17
Net Debt / EBITDA Ratio	-20.25	-20.29	-17.72	-19.86	-16.00	-14.37
Net Debt / FCF Ratio	-10.73	-10.73	-9.61	-11.66	-36.96	14.49
Asset Turnover	0.05	0.05	0.06	0.07	0.08	0.10
Quick Ratio	2.04	2.04	1.73	1.75	1.75	1.72
Current Ratio	2.11	2.11	1.80	1.82	1.82	1.79
Return on Equity (ROE)	23.72%	23.72%	22.86%	21.37%	22.76%	28.38%
Return on Assets (ROA)	1.45%	1.52%	1.74%	2.01%	2.42%	3.17%
Return on Invested Capital (ROIC)	6.98%	7.33%	8.17%	8.52%	11.18%	22.35%
Return on Capital Employed (ROCE)	2.80%	2.80%	3.54%	3.62%	4.26%	7.69%
Earnings Yield	8.76%	10.76%	11.24%	5.66%	7.70%	3.91%
FCF Yield	22.23%	25.27%	28.04%	11.60%	3.87%	-4.64%
Dividend Yield	0.88%	1.04%	5.14%	5.19%	0.00%	0.00%
Payout Ratio	10.20%	9.57%	45.13%	90.86%	0.00%	0.00%
Buyback Yield / Dilution	2.99%	2.99%	-0.75%	5.03%	0.09%	-2.57%
Total Shareholder Return	3.87%	4.03%	4.38%	10.21%	0.09%	-2.57%

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q