XP Inc.

DB:XP9 Stock Report

Market Cap: €6.3b

XP Past Earnings Performance

Past criteria checks 4/6

XP has been growing earnings at an average annual rate of 22.5%, while the Capital Markets industry saw earnings growing at 1.9% annually. Revenues have been growing at an average rate of 20.3% per year. XP's return on equity is 20.5%, and it has net margins of 27.5%.

Key information

22.5%

Earnings growth rate

22.4%

EPS growth rate

Capital Markets Industry Growth15.2%
Revenue growth rate20.3%
Return on equity20.5%
Net Margin27.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How XP makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:XP9 Revenue, expenses and earnings (BRL Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2415,8864,3756,4080
30 Jun 2415,7624,2766,4600
31 Mar 2415,1434,1346,3150
31 Dec 2314,2433,8995,9260
30 Sep 2313,3913,6395,6430
30 Jun 2312,8873,5845,4990
31 Mar 2312,8433,5205,6330
31 Dec 2212,9453,5795,8030
30 Sep 2213,1203,7865,7800
30 Jun 2212,7503,6905,5560
31 Mar 2212,3963,7105,2840
31 Dec 2111,9413,5894,9590
30 Sep 2111,1283,2014,5240
30 Jun 2110,0952,8064,0510
31 Mar 219,0022,4133,5410
31 Dec 208,0992,0763,1600
30 Sep 207,3801,8642,8530
30 Jun 206,6221,5812,5060
31 Mar 205,8411,2682,1810
31 Dec 195,0431,0802,0160
30 Sep 194,2468031,7190
31 Dec 182,8864611,2370
31 Dec 171,8464146610
31 Dec 161,2521894950
31 Dec 1566176190
31 Dec 1441924160
31 Dec 13323200

Quality Earnings: XP9 has high quality earnings.

Growing Profit Margin: XP9's current net profit margins (27.5%) are higher than last year (27.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: XP9's earnings have grown significantly by 22.5% per year over the past 5 years.

Accelerating Growth: XP9's earnings growth over the past year (20.2%) is below its 5-year average (22.5% per year).

Earnings vs Industry: XP9 earnings growth over the past year (20.2%) exceeded the Capital Markets industry 11.6%.

Return on Equity

High ROE: Whilst XP9's Return on Equity (20.48%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 05:01
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

XP Inc. is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mario Lucio PierryBofA Global Research
Lucca BrendimBradesco S.A. Corretora de Títulos e Valores Mobiliários
Gustavo SchrodenBradesco S.A. Corretora de Títulos e Valores Mobiliários