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Patria Investments Limited

Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $10.14
52-Week Range: $9.89 – $17.80
Market Cap: $1.65B
P/E (TTM): 23.20
EPS (TTM): 0.44
Dividend Yield: 6.37%

Advanced Metrics

Price/Book: 2.93
PEG Ratio: —
Return on Equity: 12.88%
Return on Assets: 5.63%
Gross Margin: 56.82%
Operating Margin: 22.55%
Profit Margin: 16.31%
Current Ratio: 1.03
Debt/Equity: 0.57
Total Debt: $366.20M
Free Cash Flow: —
Revenue Growth: 34.90%
Earnings Growth: -18.70%
Enterprise Value: $1.88B

PAX Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$258.88M	$327.62M	$374.20M	$381.73M
Cost of Revenue	$34.82M	$38.73M	$50.49M	$60.21M
Gross Profit	$224.05M	$288.88M	$323.72M	$321.52M
Selling, General & Admin	$71.75M	$97.13M	$120.89M	$131.19M
Operating Expenses	$93.64M	$125.03M	$157.81M	$178.51M
Operating Income	$130.41M	$163.86M	$165.90M	$143.01M
EBITDA	$125.46M	$146.36M	$133.22M	$154.60M
Pretax Income	$102.45M	$118.00M	$85.99M	$92.27M
Income Tax	$8.35M	-$2.82M	$10.31M	$1.72M
Net Income	$92.96M	$118.40M	$71.88M	$85.65M
Diluted EPS	0.63	0.80	0.47	0.53
Diluted Shares	147.23M	148.68M	153.92M	160.76M

PAX Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$26.52M	$16.05M	$33.42M	$53.60M
Receivables	$132.23M	$134.58M	$227.06M	$138.73M
Current Assets	$479.64M	$401.59M	$372.68M	$405.27M
Total Assets	$976.24M	$1.01B	$1.21B	$1.50B
Current Liabilities	$338.00M	$397.50M	$397.39M	$415.01M
Long-Term Debt	—	—	$149.45M	$174.87M
Total Debt	$16.09M	$15.84M	$250.41M	$198.68M
Total Liabilities	$462.78M	$490.24M	$715.17M	$861.69M
Retained Earnings	$77.58M	$50.83M	$0.00	—
Shareholders' Equity	$552.79M	$542.49M	$481.08M	$611.75M
Working Capital	$141.64M	$4.09M	-$24.71M	-$9.74M
Net Debt	—	—	$194.55M	$121.27M

PAX Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$81.05M	$156.72M	$145.95M	$282.61M
Capital Expenditure	-$6.71M	-$15.02M	-$8.28M	-$29.29M
Free Cash Flow	$74.34M	$141.71M	$137.66M	$253.32M
Depreciation & Amortisation	$21.20M	$27.12M	$35.82M	$46.35M
Stock-Based Compensation	$731.00K	$1.47M	$19.08M	$36.47M
Investing Cash Flow	-$189.35M	$62.17M	$25.31M	$2.30M
Financing Cash Flow	$118.55M	-$229.63M	-$151.65M	-$268.20M
Dividends Paid	-$103.33M	-$145.15M	-$132.38M	-$95.14M
Share Repurchases	$0.00	-$65.16M	-$141.30M	-$56.23M
Net Change in Cash	$10.25M	-$10.74M	$19.61M	$16.71M

PAX Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$79.57M	$82.52M	$86.46M	$133.18M	$97.07M
Cost of Revenue	$14.20M	$14.59M	$14.84M	$16.29M	$18.96M
Gross Profit	$65.37M	$67.93M	$71.62M	$116.89M	$78.11M
Selling, General & Admin	$24.49M	$26.80M	$28.73M	$51.16M	$35.00M
Operating Expenses	$35.96M	$37.79M	$41.14M	$63.63M	$46.37M
Operating Income	$29.42M	$30.15M	$30.48M	$53.27M	$31.73M
EBITDA	$32.81M	$29.75M	$41.93M	$53.20M	$25.37M
Pretax Income	$14.60M	$14.95M	$24.56M	$38.15M	$9.23M
Income Tax	-$1.95M	$829.00K	$355.00K	$2.49M	$4.63M
Net Income	$15.66M	$12.85M	$22.57M	$34.56M	$2.17M
Diluted EPS	0.10	0.08	0.14	—	0.01
Diluted Shares	159.99M	160.68M	161.96M	—	162.18M

PAX Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Cash & Equivalents	$36.07M	$28.54M	$30.34M	$53.60M	$50.88M
Receivables	$172.13M	$90.17M	$97.01M	$138.73M	$237.77M
Current Assets	$397.24M	$312.18M	$245.29M	$405.27M	$496.15M
Total Assets	$1.33B	$1.32B	$1.33B	$1.50B	$1.78B
Current Liabilities	$410.81M	$401.94M	$356.59M	$415.01M	$806.26M
Long-Term Debt	$150.26M	$76.00M	$104.94M	$174.87M	—
Total Debt	$214.91M	$186.71M	$171.24M	$198.68M	$278.32M
Total Liabilities	$777.82M	$729.20M	$722.43M	$861.69M	$1.16B
Retained Earnings	$0.00	$0.00	$0.00	—	—
Shareholders' Equity	$545.52M	$575.09M	$586.41M	$611.75M	$556.58M
Working Capital	-$13.58M	-$89.77M	-$111.30M	-$9.74M	-$310.12M
Net Debt	$156.19M	$132.51M	$115.97M	$121.27M	$204.24M

PAX Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	$100.07M	$76.87M	$65.90M	$39.77M	$31.44M
Capital Expenditure	-$2.26M	-$3.97M	-$13.82M	-$9.24M	-$4.18M
Free Cash Flow	$97.81M	$72.91M	$52.08M	$30.52M	$27.26M
Depreciation & Amortisation	$11.23M	$10.81M	$12.30M	$12.00M	$11.13M
Stock-Based Compensation	$3.58M	$3.86M	$3.26M	$25.77M	$3.46M
Investing Cash Flow	-$9.43M	-$32.01M	$62.32M	-$18.58M	-$61.99M
Financing Cash Flow	-$90.11M	-$53.25M	-$126.09M	$1.26M	$26.99M
Dividends Paid	-$23.59M	-$23.71M	-$23.92M	-$23.92M	-$24.08M
Share Repurchases	$0.00	$0.00	-$56.23M	$0.00	-$12.68M
Net Change in Cash	$526.00K	-$8.39M	$2.12M	$22.45M	-$3.56M

Market Snapshot

About

Patria Investments is a leading alternative asset management firm focused on Latin America. The company manages private equity, infrastructure, real estate, and credit funds for institutional and high-net-worth investors, leveraging deep local expertise to identify investment opportunities across the region.