Stock Fundamentals

Company Information

Company Name
Xp Inc
Sector
Financial Services
Industry
Capital Markets
Exchange
NASDAQ
ISIN: KYG982391099
CIK: 0001787425
CUSIP: G98239109
Currency: USD
Full Time Employees: 0
Phone: 55 (11) 3075-0429
Fiscal Year End: December
IPO Date: Dec 11, 2019
Description:

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.

Address:

20, Genesis Close, George Town, Cayman Islands, KY1-1208

Directors & Officers

Name Title Year Born
Mr. Guilherme Dias Fernandes Benchimol Founder & Executive Chairman 1978
Mr. Thiago Maffra Interim CFO, CEO & Director 1985
Mr. Andre Parize Chief Investor Relations Officer NA
Mr. Fabrício Cunha de Almeida General Counsel 1982
Marco Goncalves Head of M&A NA
Gabriel Dos Santos Head of Recruitment & Selection NA
Mr. Jose de Menezes Berenguer Neto CEO of Banco XP S.A. & Director 1966
Mr. Antonio Guimarães Investor Relations Officer NA
Mr. Ygor Gomes Altero Equity Research Analyst NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 46.51M Mar 31, 2026 9.00% $0.02 -0.46%
Dodge & Cox 32.73M Mar 31, 2026 6.33% $0.34 -3.63%
ARGA Investment Management, LP 20.70M Mar 31, 2026 4.01% $12.94 4.02%
General Atlantic Llc 20.57M Mar 31, 2026 3.98% $18.23 -9.40%
Capital World Investors 19.10M Mar 31, 2026 3.70% $0.05 -49.05%
Massachusetts Financial Services Company 12.33M Mar 31, 2026 2.39% $0.08 0.55%
State Street Corp 9.76M Mar 31, 2026 1.89% $0.01 2.75%
FMR Inc 9.09M Mar 31, 2026 1.76% $0.01 23.44%
Ninety One UK Limited 8.06M Mar 31, 2026 1.56% $0.36 30.21%
Arrowstreet Capital Limited Partnership 7.66M Mar 31, 2026 1.48% $0.08 -35.09%
Morgan Stanley - Brokerage Accounts 5.98M Mar 31, 2026 1.16% $0.01 -37.20%
T. Rowe Price Associates, Inc. 5.63M Mar 31, 2026 1.09% $0.01 2,743.47%
Bank of America Corp 5.15M Mar 31, 2026 1.00% $0.01 33.42%
Capital Research Global Investors 5.00M Mar 31, 2026 0.97% $0.01 0.00%
NORGES BANK 4.90M Dec 31, 2025 0.95% $0.01 -4.16%
Geode Capital Management, LLC 4.77M Mar 31, 2026 0.92% $0.01 -1.91%
Fisher Asset Management, LLC 4.40M Mar 31, 2026 0.85% $0.03 0.54%
Squadra Investimentos Gestão de Recursos Ltda 3.91M Mar 31, 2026 0.76% $8.33 -18.45%
Vanguard Group Inc 3.78M Dec 31, 2025 0.73% $0.00 4.72%
Seafarer Capital Partners, LLC 3.77M Mar 31, 2026 0.73% $16.48 0.00%

Shares Statistics

Shares Outstanding: 414.92M
Shares Float: 411.77M
% Insiders: 49.10%
% Institutions: 10,041.40%
Short % Float: 5.14%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Dodge & Cox International Stock I 16.48M 3.19% ▲ 0.00% Mar 31, 2026
2 American Funds New World A 14.09M 2.73% ▼ 8.90% Mar 31, 2026
3 Capital Group New Geography Equity Comp 14.09M 2.73% ▼ 8.90% Mar 31, 2026
4 iShares MSCI Brazil ETF 8.02M 1.55% ▲ 0.46% May 29, 2026
5 Fidelity Series Emerging Markets Opps 6.69M 1.29% ▲ 11.16% Apr 30, 2026
6 Dodge & Cox Global Stock I 5.25M 1.02% ▼ 9.03% Mar 31, 2026
7 MFS International Growth A 5.16M 1.00% ▲ 0.00% Apr 30, 2026
8 iShares Core MSCI Emerging Markets ETF 4.44M 0.86% ▲ 1.46% May 29, 2026
9 Dodge & Cox Balanced I 4.27M 0.83% ▼ 15.47% Mar 31, 2026
10 Dodge & Cox Balanced Composite 4.27M 0.83% ▼ 15.47% Mar 31, 2026

Valuation Metrics

Enterprise Value: $14.74B
Trailing P/E: 8.81
Forward P/E: 9.53

Financial Highlights

Market Cap: $8.74B
EBITDA: $3.55B
P/E Ratio: $8.81
Book Value: $9.08
Dividend/Share: $2.04
Dividend Yield: 1.22%
Earnings/Share: $1.92
Profit Margin: 28.85%
Operating Margin: 29.95%
ROA (TTM): 1.37%
ROE (TTM): 22.94%
Revenue (TTM): $18.18B
Revenue/Share (TTM): $34.75
Earnings Growth (YOY): 8.90%
Revenue Growth (YOY): 9.70%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 0.56x 4.84x 0.94x 9.65x 18.24x
2024-12-31 0.81x 5.74x 0.94x 7.38x 16.64x
2023-12-31 0.96x 3.53x 0.92x 7.48x 14.50x
2022-12-31 0.72x 2.09x 0.91x 9.72x 8.46x
2021-12-31 0.83x 2.07x 0.90x 29.45x 6.87x
2020-12-31 0.57x 3.00x 0.89x 48.80x 12.39x
2019-12-31 0.53x 2.39x 0.84x 19.62x 10.26x
2018-12-31 0.71x 3.61x 0.88x 10.52x 9.25x
2017-12-31 0.51x 1.21x 0.84x 10.82x 2.01x
2016-12-31 0.11x 0.00x 0.03x N/A 0.00x
2015-12-31 0.25x 0.00x 0.03x N/A 0.00x
2014-12-31 0.16x 0.00x 0.02x N/A 0.00x
2013-12-31 N/A 0.00x 0.00x N/A 0.00x

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