XP Inc.

XP Financial Capital Markets

XP Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 4.36% from fiscal 2024.

Revenue
+22.0%
EPS
+23.3%
Free cash flow
−127.1%
Total debt
−30.7%

Quarter to June 2026, against a year earlier

14.84 0.33 −2.18%
Market cap
$7.6B
P/E
7.7×
Fwd P/E
7.1×
Dividend yield
2.56%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

XP Inc. (XP) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, XP Inc. (XP) trades at a price to free cash flow of 3.2×. Over the past ten years it has ranged from 0.0× (September 2022) to 117× (February 2021); the current reading is higher than 42% of that period. That is below the Capital Markets industry median of 9.3× and below the Financial sector median of 9.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 4.2× 30.83%
FY2024 3.2× (63.72%)
FY2023 8.8× (62.81%)
FY2022 23.6× —
FY2021 0.0× —
FY2020 92.6× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 3.5× 21.30%
Mar 2026 2.9× (29.93%)
Dec 2025 4.2× 39.91%
Sep 2025 3.0× (47.76%)
23 more quarters

Against its own ten years

Low 0.0× High 117×
Ten-year median 4.1×
Current reading's percentile 42

Price to free cash flow against peers

Company Price to free cash flow
WULF TeraWulf Inc. compare n/m
IREN IREN Limited compare n/m
HUT Hut 8 Corp. compare n/m
RIOT Riot Platforms, Inc. compare n/m
SNEX StoneX Group Inc. compare 1.6×
FUTU Futu Holdings Limited Sponsored ADR compare 1.7×
XP XP Inc. 3.2×
VIRT Virtu Financial, Inc. compare 9.8×
MKTX MarketAxess Holdings Inc. compare 40.9×
Capital Markets industry median 9.3×
Financial sector median 9.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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