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Patria Investments Limited PAX R2K

Financial Services · Asset Management · Cayman Islands
https://www.patria.com
Company Profile ↓
$11.10
-13.30% 1Y
Mkt Cap$739.07M
P/E20.94
P/B3.05
Div. Yield5.30%
52W High$17.15
52W Low$10.75
Book Value$3.79
EPS (TTM)$0.53

Company Overview

Patria Investments Limited operates as a private market investment firm. It specializes in investments in private equity, secondary direct and indirect and venture capital with focus in middle market, buyout and growth capital investments. It seeks to be sector agnostic with focus on agribusiness, power & energy, healthcare, logistics & transportations, food & beverage, agricultural products, packaged foods and meats, education services, outsourced business services, and digital & tech services. It prefers to invest globally with focus on Latin America, Europe, United States, North America and Brazil. It seeks to invest between $38.48 million and $72.14 million per transaction. The firm seeks a majority or minority stake in its portfolio companies. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds. The firm seeks to co-invest with other investors. Patria Investments Limited was founded in 1994 and is headquartered in Grand Cayman, Cayman Islands with additional offices across South America, North America, Europe and Asia. Patria Investments Limited operates as a subsidiary of Patria Holdings Limited.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 13.8% CAGR over the past five years.

Healthy Margins

Maintains a net profit margin of 18.1%.

Dividend Income

Offers a dividend yield of 5.30%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $381.73M (+2.0% YoY); net profit $85.65M.
  • Trailing 12 Months Year-on-year growth — revenue +22.0%, earnings -85.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 13.8%, profit CAGR -2.7%.

Growth & Price Performance

Compounded Sales Growth

5 Years:13.82%
1 Year:22.00%

Compounded Profit Growth

5 Years:-2.69%
1 Year:-85.20%

Stock Price Performance

1 Year:-13.30%
6 Months:-34.12%
3 Months:-9.69%
1 Month:-3.48%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 5% of range
$10.75 $17.15
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)47.84 · Neutral
Price Performance
1M-3.48%
3M-9.69%
6M-34.12%
1Y-13.30%
Valuation vs Sector

P/E of 20.94 is above the sector median of 13.30 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 13.8% over 5 years.
  • Attractive dividend yield of 5.30%.
  • Generates positive free cash flow.

CONS

  • Earnings shrank at -2.7% CAGR over 5 years.
  • Trading 35.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
20.94
Industry PE
13.30
Forward P/E
7.15
PEG Ratio
-
Book Value
$3.79
Price to Book
3.05
P/S
4.62
EV/EBITDA
11.37
Dividend Yield
5.30%

Growth (CAGR)

Revenue 5Y
13.82%
Profit 5Y
-2.69%
Revenue (YoY)
22.00%
Earnings (YoY)
-85.20%

Profitability & Returns

ROCE
13.24%
ROE
13.34%
ROA
5.74%
Profit Margin
18.10%
Op Margin
26.36%
Gross Margin
58.07%
EPS (Latest Qtr)
$0.14
EPS (TTM)
$0.53

Balance Sheet & Liquidity

Debt/Equity
0.41
Quick Ratio
0.40
Current Ratio
0.64
Debt
$255.10M
Total Assets
$1.50B
Current Assets
$405.27M
Working Capital
$-9.74M

Ownership

Promoter Holding
5.55%
Chg in Prom Hold
-
FII / Inst Holding
77.78%
Chg in FII Hold
-0.57%

Financial Snapshot

Enterprise Value
$739.07M
Total Revenue (TTM)
$399.23M
EBITDA
$178.02M
Free Cash Flow
$253.32M
Operating Cash Flow
$282.61M
Shares Outstanding
66.58M
Gross Margin
58.07%
Payout Ratio
113.21%

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PAX Patria Investments Limited R2K 11.10 20.94 $739.07M 5.30% 13.24% 13.34% 13.82% -2.69%
2 JPM JPMorgan Chase & Co. SPX 342.89 16.42 $918.78B 1.87% - 16.47% 5.35% 7.56%
3 BRK-B Berkshire Hathaway Inc. SPX 491.09 14.61 $686.70B 0.00% - 10.50% 4.18% 9.44%
4 V Visa Inc. SPX 356.02 31.01 $590.89B 0.83% 37.15% 60.35% 14.33% 13.04%
5 MA Mastercard Incorporated SPX 538.02 31.10 $471.86B 0.71% 60.19% - 12.29% 19.21%
6 BAC Bank of America Corporation SPX 60.62 15.04 $430.20B 2.00% - 10.64% 6.00% 3.49%
7 MS Morgan Stanley SPX 227.67 20.62 $359.10B 1.87% - 16.39% 3.76% 9.66%
8 GS The Goldman Sachs Group, Inc. SPX 1,140.00 20.83 $336.31B 1.69% - 14.55% - 2.21%
9 WFC Wells Fargo & Company SPX 85.29 13.18 $261.00B 2.11% - 12.03% 4.02% 15.98%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue -157.24M79.57M82.52M86.46M133.18M
Cost of Revenue -13.51M14.20M14.59M14.84M16.29M
Gross Profit -143.73M65.37M67.93M71.62M116.89M
Operating Expenses -64.00M35.96M37.79M41.14M63.62M
Operating Income -79.73M29.42M30.15M30.48M53.27M
EBITDA -68.32M32.81M29.75M41.93M53.20M
Interest Expense -3.58M6.98M3.99M5.06M3.05M
Pretax Income -52.60M14.60M14.95M24.56M38.15M
Tax Provision --2.82M-1.95M829.00K355.00K2.49M
Net Income -55.25M15.66M12.85M22.57M34.56M
Diluted EPS 0.000.370.100.080.14-

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -258.88M327.62M374.20M381.73M
Cost of Revenue -34.82M38.73M50.49M60.21M
Gross Profit -224.05M288.88M323.72M321.52M
Operating Expenses -93.64M125.03M157.81M178.51M
Operating Income -130.41M163.86M165.90M143.01M
EBITDA -125.46M146.36M133.22M154.60M
Interest Expense -1.81M1.24M11.40M15.99M
Pretax Income -102.45M118.00M85.99M92.27M
Tax Provision -8.35M-2.82M10.31M1.72M
Net Income -92.96M118.40M71.88M85.65M
Diluted EPS -0.630.800.480.53

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -976.24M1.01B1.21B1.50B
Current Assets -479.64M401.59M372.68M405.27M
Cash & Equivalents -26.52M16.05M33.42M53.60M
Inventory -----
Receivables -125.41M127.36M217.13M118.58M
Total Liabilities -462.78M490.24M715.17M861.69M
Current Liabilities -338.00M397.50M397.39M415.01M
Long Term Debt ---149.45M174.87M
Total Debt -16.09M15.84M250.41M198.68M
Total Equity -552.79M542.49M481.08M611.75M
Shares Outstanding -147.19M148.25M153.59M159.47M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -81.05M156.72M145.95M282.61M
Investing Cash Flow --189.35M62.17M25.31M2.30M
Financing Cash Flow -118.55M-229.63M-151.65M-268.20M
Capital Expenditure --6.71M-15.02M-8.28M-29.29M
Free Cash Flow -74.34M141.71M137.66M253.32M
Net Change in Cash -10.25M-10.74M19.61M16.71M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -86.5%88.2%86.5%84.2%
Operating Margin % -50.4%50.0%44.3%37.5%
Net Margin % -35.9%36.1%19.2%22.4%
ROE % -16.8%21.8%14.9%14.0%
ROCE % -20.4%26.7%20.5%13.2%

Shareholding Pattern

Insiders
5.55%
Institutions
77.78%
Public Float
82.36%

Top Institutional Holders

#Holder% HeldSharesValue
1 Capital Research Global Investors 12.81% 8.52M $95.88M
2 FMR, LLC 10.00% 6.65M $74.83M
3 Endure Capital Management, LLC 9.10% 6.05M $68.11M
4 Blackrock Inc. 8.81% 5.86M $65.91M
5 Pertento Partners LLP 7.83% 5.21M $58.57M
6 Samlyn Capital, LLC 3.08% 2.05M $23.09M
7 Mizuho Markets Americas LLC 2.25% 1.50M $16.88M
8 Zeno Equity Partners LLP 2.03% 1.35M $15.18M
9 State Street Corporation 1.98% 1.31M $14.79M
10 Adage Capital Partners GP L.L.C. 1.50% 1.00M $11.25M

Analyst View

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Latest News

Recent headlines for PAX

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Y Intercept Hong Kong Ltd Buys New Shares in Patria Investments Limited $PAX - MarketBeat

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PAX — Frequently Asked Questions

What is the current share price of Patria Investments Limited (PAX)?

As of 2026-07-14 21:23 PDT, Patria Investments Limited (PAX) trades at $11.10 on NasdaqGS. Its 52-week range is $10.75 to $17.15.

What is the market capitalisation of PAX?

Patria Investments Limited (PAX) has a market capitalisation of $739.07M on NasdaqGS.

What is the P/E ratio of PAX?

PAX trades at a trailing price-to-earnings (P/E) ratio of 20.94. The industry average P/E is 13.30. Its price-to-book (P/B) ratio is 3.05.

Does PAX pay a dividend?

Patria Investments Limited (PAX) currently offers a dividend yield of 5.30%.

What is the return on equity (ROE) of PAX?

PAX has a return on equity (ROE) of 13.34%. Its return on capital employed (ROCE) is 13.24%.

Is PAX a good stock to buy?

This page provides a data-driven analysis of Patria Investments Limited (PAX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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