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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, XP Inc. (XP) trades at a P/S ratio of 2.1×. Over the past ten years it has ranged from 0.0× (September 2020) to 17.5× (February 2021); the current reading is higher than 13% of that period. That is in line with the Capital Markets industry median of 2.1× and below the Financial sector median of 2.3×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.6× 28.86%
FY2024 2.0× (56.18%)
FY2023 4.6× 56.26%
FY2022 3.0× (58.64%)
FY2021 7.2× (48.18%)
FY2020 13.9× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/S ratio Change
Jun 2026 2.3× (19.49%)
Mar 2026 2.9× 9.52%
Dec 2025 2.6× (16.89%)
Sep 2025 3.2× (9.58%)
23 more quarters

Against its own ten years

Low 0.0× High 17.5×
Ten-year median 3.4×
Current reading's percentile 2

P/S ratio against peers

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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