XP Inc

NAS:XPFinancial ServicesNASDAQ:OFINSTOXX:EDD24BP

$30.26+3.52%At closeAt close · Tue 20 Oct · ≈ AED 111.13 · Market cap $15.64B · Next earnings Mon 16 Nov

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	65.6%	68.8%	68.7%	67.4%	67.7%	67.4%	—	—
Operating margin	30.1%	32.0%	28.6%	30.7%	33.2%	32.4%	32.4%	+0.0 pts
Net margin	24.3%	28.8%	26.1%	25.9%	26.1%	27.8%	29.9%	+2.1 pts
EBITDA margin	30.7%	33.5%	29.6%	31.9%	34.8%	34.3%	—	—
Return on equity	19.2%	25.9%	21.8%	19.7%	25.8%	21.5%	23.1%	+1.6 pts
Return on assets	2.2%	2.7%	1.9%	1.5%	1.5%	1.3%	1.4%	+0.1 pts
Return on capital employed	7.2%	6.5%	4.7%	3.6%	4.4%	1.9%	—	—
Debt / equity	2.9×	2.0×	2.1×	3.5×	5.7×	3.6×	3.6×	−0.0%
Debt / assets	33.5%	20.2%	18.5%	27.5%	33.1%	21.5%	—	—
Interest coverage	48.8×	29.4×	9.7×	7.5×	7.4×	9.6×	—	—
Current ratio	0.6×	0.8×	0.7×	1.0×	0.8×	0.6×	0.6×	+0.0%
Quick ratio	0.6×	0.8×	0.7×	1.0×	0.8×	0.6×	—	—
Cash ratio	0.0×	0.0×	0.0×	0.0×	0.0×	0.1×	0.1×	+0.0%
Asset turnover	0.1×	0.1×	0.1×	0.1×	0.1×	0.0×	—	—
Receivables turnover	1.9×	1.0×	0.6×	0.5×	0.6×	0.5×	—	—
Dividend payout	0.0%	0.0%	0.0%	92.3%	39.3%	9.8%	—	—

Margins, returns, leverage and liquidityUpdated 31 Dec 2025 ·

ⓘ

Current snapshot ratios have no reporting date and are shown separately from fiscal periods.