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) Return on invested capital

Alert me on Return on invested capital

XP Inc.'s return on invested capital over the twelve months to 30 June 2026 was 20.5%, down 9.0 percentage points from fiscal 2025 (29.6%). Over the past ten years it has ranged from 0.00% (fiscal 2018) to 29.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 29.6% 6.25
FY2024 23.3% 6.22
FY2023 17.1% 1.00
FY2022 16.1% (2.17)
FY2021 18.3% 2.08
FY2020 16.2% 4.23
FY2019 12.0% 11.95
FY2018 0.00% 0.00
FY2017 0.00% —

Against its own ten years

Low 0.00% High 29.6%
Ten-year median 16.2%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
MKTX MarketAxess Holdings Inc. compare 24.8%
XP XP Inc. 20.5%
FUTU Futu Holdings Limited Sponsored ADR compare 0.00%
VIRT Virtu Financial, Inc. compare 0.00%
SNEX StoneX Group Inc. compare 0.00%
HUT Hut 8 Corp. compare 0.00%
IREN IREN Limited compare −5.53%
WULF TeraWulf Inc. compare −9.95%
RIOT Riot Platforms, Inc. compare −32.6%
Capital Markets industry median 0.00%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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