Xp Inc

Xp Inc

XP · NASDAQ · Financial Services / Capital Markets

15.49USD+0.45 (+2.99%)

Price History

Full chart

Market Stats

Previous Close15.04
Open15.14
Day Range15.03 – 15.50
52-Week Range13.78 – 32.73
Volume7.86M
Market Cap7.81B
P/E (TTM)7.73
Forward P/E8.50
EPS1.99
Dividend Yield1.30%
Beta1.19
50-Day Avg22.02
200-Day Avg19.08

About

XP Inc. engages in the provision of financial products and services in Brazil. It operates XP Platform, an open product platform that provides clients to access investment products in the market comprising brokerage securities, fixed income securities, mutual, hedge, and private equity funds; derivatives and synthetic instruments; credit cards; loan operations/collateralized credit products; pension and social security funds, and life and travel insurance products; and other investment products comprising real estate funds, and equity and debt capital markets solutions, as well as wealth management services. The company offers brokerage and issuer services to institutional and corporate clients. It also manages mutual funds focused on stocks and macro strategies distributed to retail and to institutional clients; funds and managed portfolios for high-net-worth retail clients, and proprietary treasury funds; and passive mutual funds that track market indexes, and mutual and investment funds focused on fixed income, credit, real estate, infrastructure, and other alternative strategies. In addition, the company offers securities brokerage services for institutional and retail investors; interdealer brokerage services for institutional traders; and commercial and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits, as well as develops and sells financial education courses and events online and in person to retail clients. It offers its sell products and services through its omni-channel distribution network and online portals. XP Inc. was founded in 2001 and is based in George Town, the Cayman Islands.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Thiago Simoes Maffra
  • Employees0
  • Headquarters20, Genesis Close, George Town, Cayman Islands, KY1-1208, USA
  • Websitehttps://www.xpinc.com

Leadership

  • Mr. Guilherme Dias Fernandes BenchimolFounder & Executive Chairman · b. 1978
  • Mr. Thiago Simoes MaffraCEO & Director · b. 1985
  • Mr. Gustavo Alejo VivianiChief Financial Officer · b. 1975
  • Mr. Andre ParizeChief Investor Relations Officer
  • Mr. Fabrício Cunha de AlmeidaGeneral Counsel · b. 1982
  • Marco GoncalvesHead of M&A
  • Gabriel Dos SantosHead of Recruitment & Selection
  • Mr. Jose de Menezes Berenguer NetoCEO of Banco XP S.A. & Director · b. 1966
  • Mr. Antonio GuimarãesInvestor Relations Officer
  • Mr. Ygor Gomes AlteroEquity Research Analyst

Financials

Income Statement

Currency: BRL2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue31.89M418.98M661.14M1.18B2.00B3.16B5.17B8.60B12.97B14.18B14.82B19.87B18.24B
Growth (%)-+1213.87%+57.80%+77.86%+69.83%+58.09%+63.65%+66.37%+50.94%+9.30%+4.49%+34.10%-8.21%
Cost of Revenue-133.72M48.74M395.23M657.52M1.11B1.73B2.96B4.05B4.44B4.83B6.42B5.95B
Gross Profit31.89M418.98M661.14M780.69M1.34B2.05B3.43B5.64B8.93B9.74B9.99B13.45B12.29B
Gross Margin100.00%100.00%100.00%66.39%67.08%64.83%66.42%65.62%68.81%68.71%67.43%67.71%67.36%
Operating Expense0351.17M476.00M426.47M654.82M1.24B1.83B3.05B4.77B5.70B5.45B6.86B6.37B
Operating Income31.89M67.81M185.13M354.22M684.75M806.56M1.61B2.59B4.15B4.05B4.55B6.60B5.91B
Operating Margin100.00%16.18%28.00%30.12%34.29%25.55%31.10%30.14%32.02%28.55%30.68%33.19%32.42%
EBITDA63.78M4.68M1.29B373.07M686.91M809.11M1.67B2.64B4.34B4.19B4.73B6.88B6.26B
EBITDA Margin200.00%1.12%195.28%31.73%34.40%25.63%32.33%30.68%33.44%29.55%31.95%34.62%34.32%
Net Income31.89M23.59M75.80M176.60M428.77M489.45M1.05B2.09B3.73B3.71B3.84B5.18B5.07B
Net Income Margin100.00%5.63%11.47%15.02%21.47%15.50%20.29%24.35%28.75%26.14%25.89%26.06%27.79%
R&D--00.30.30.220.290.280.310.250.26--
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense-00063.29M76.70M81.87M53.09M141.07M416.73M607.62M894.20M613.12M
Interest Expense % of Total Revenue-0.00%0.00%0.00%3.17%2.43%1.58%0.62%1.09%2.94%4.10%4.50%3.36%

Balance Sheet

Currency: BRL2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets260.38M2.49B3.47B4.24B7.14B17.72B43.62B96.03B139.34B192.03B249.04B347.46B396.53B
Total Liabilities-41.64M108.47M133.93M5.98B15.63B36.47B85.13B124.92B174.99B229.59B327.41B372.98B
Total Equity260.38M302.75M395.64M1.05B1.14B2.08B7.15B10.89B14.42B17.04B19.45B20.04B23.55B
Cash2.00K6.61M27.60M14.91M153.22M68.41M109.92M1.95B2.49B3.55B3.94B5.61B10.36B
Total Debt---01.38B7.52B17.11B32.12B28.21B35.52B68.56B115.13B85.30B
Net Debt-2.00K-6.61M-27.60M-14.91M1.23B7.45B17.00B30.17B25.72B31.97B64.62B109.52B74.94B

Cash Flow

Currency: BRL2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-47.00K77.46M191.45M4.78M262.37M-456.75M1.53B1.51B-4.02B1.80B8.13B11.18B12.04B
Investing Cash Flow48.00K-11.72M-126.90M-31.64M-455.63M-147.08M-161.45M-582.01M-1.15B-371.28M538.81M-1.67B-715.97M
Financing Cash Flow--1.08M-9.30M82.08M584.52M380.09M4.23B788.71M6.64B-200.30M-4.39B-5.78B-4.93B
Capital Expenditure03.59M10.94M31.64M51.00M136.67M161.45M291.53M353.01M126.97M196.22M330.21M209.28M
Free Cash Flow-47.00K73.88M180.51M-26.86M211.37M-593.41M1.37B1.22B-4.37B1.68B7.93B10.85B11.84B
Dividends Paid-33.04M81.95M174.37M190.00M325.00M500.00M0003.54B2.04B494.52M
FCF to OCF100.00%95.37%94.28%-562.37%80.56%129.92%89.43%80.70%108.78%92.96%97.59%97.05%98.26%
Dividend Paid to FCF-44.72%45.40%-649.19%89.89%-54.77%36.62%0.00%0.00%0.00%44.66%18.78%4.18%

Earnings

Report DateDec 11, 2019Mar 17, 2020May 22, 2020Aug 12, 2020Nov 30, 2020Feb 23, 2021May 4, 2021Aug 4, 2021Nov 4, 2021Feb 9, 2022May 4, 2022Aug 10, 2022Nov 9, 2022Feb 16, 2023May 15, 2023Aug 14, 2023Nov 13, 2023Feb 27, 2024May 21, 2024Aug 13, 2024Nov 19, 2024Feb 19, 2025May 20, 2025Aug 18, 2025Nov 17, 2025Feb 12, 2026May 18, 2026Aug 17, 2026Nov 16, 2026
EPS Estimate0.490.420.400.680.911.061.071.271.571.511.611.601.581.721.481.821.991.972.061.962.172.252.170.392.422.502.530.510.53
EPS Actual0.120.821.891.021.021.271.481.811.821.881.711.812.001.591.521.992.132.081.852.032.182.232.290.432.472.562.490.53-
Surprise-75.51%95.24%372.50%50.00%12.09%19.81%38.32%42.52%15.92%24.50%6.21%13.13%26.58%-7.56%2.70%9.34%7.04%5.58%-10.19%3.57%0.46%-0.89%5.53%10.26%2.07%2.40%-1.58%3.92%-
TimingAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap7.81B
Enterprise Value16.29B
Trailing P/E7.73
Forward P/E8.50
Price / Sales0.42
Price / Book1.67
EPS1.99
Book Value9.73
Revenue (TTM)18.63B
Gross Profit (TTM)12.89B
EBITDA3.55B
Profit Margin28.54%
Operating Margin30.45%
Return on Equity22.56%
Return on Assets1.36%
Shares Outstanding405.69M
Shares Float403.15M
Beta1.19
Dividend Yield1.30%
Dividend Rate0.20
Payout Ratio6.81%

Analyst Ratings

Buy
Based on 13 analystsTarget 23.10
  • Strong Buy
    6
  • Buy
    3
  • Hold
    4

Ownership Breakdown

Institutions
85.90%
Insiders
0.76%
Retail / Other
13.34%

Top Institutional Holders

  • BlackRock Inc
    49.00M9.66%
  • Dodge & Cox
    32.56M6.42%
  • ARGA Investment Management, LP
    27.16M5.35%
  • General Atlantic Llc
    20.57M4.05%
  • Capital World Investors
    19.37M3.82%
  • Massachusetts Financial Services Company
    12.56M2.47%
  • State Street Corp
    9.70M1.91%
  • Ninety One UK Limited
    8.06M1.59%
  • FMR Inc
    7.98M1.57%
  • Arrowstreet Capital Limited Partnership
    7.03M1.38%
  • Marshall Wace Asset Management Ltd
    6.53M1.29%
  • Morgan Stanley - Brokerage Accounts
    6.49M1.28%
  • Capital Research Global Investors
    5.04M0.99%
  • Geode Capital Management, LLC
    4.85M0.95%
  • Bank of America Corp
    4.83M0.95%

Top Fund Holders

  • Dodge & Cox International Stock I
    16.48M3.25%
  • iShares MSCI Brazil ETF
    8.77M1.73%
  • MFS International Growth A
    7.60M1.50%
  • Fidelity Series Emerging Markets Opps
    5.51M1.09%
  • Dodge & Cox Global Stock I
    5.12M1.01%

Dividends

20261×
0.20Jun 10, 2026
20251×
0.18Dec 10, 2025
20241×
0.65Dec 10, 2024
20232×
0.73Dec 12, 20230.58Sep 11, 2023