XP Past Earnings Performance
Past criteria checks 3/6
XP has been growing earnings at an average annual rate of 28.4%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 24.2% per year. XP's return on equity is 20%, and it has net margins of 27.4%.
Key information
28.4%
Earnings growth rate
27.9%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 24.2% |
| Return on equity | 20.0% |
| Net Margin | 27.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Sentiment Still Eluding XP Inc. (NASDAQ:XP)
Apr 23
XP Inc. (NASDAQ:XP) Doing What It Can To Lift Shares
Jan 08What Does The Future Hold For XP Inc. (NASDAQ:XP)? These Analysts Have Been Cutting Their Estimates
Feb 28XP Q3 net inflows slide in Q3, client assets rise
Oct 20XP: Attractive Valuation And Strong Growth Potential
Aug 16XP reports Q2 results
Aug 09XP reports 16% growth in active clients and 4% in AUC for Q2
Jul 15XP: Strong Growth Potential Via New Business Area Credit Cards
Apr 11XP: A Compelling Medium To Longer-Term Growth Story
Jan 26XP joins hands with Giant Steps, the largest quantitative investment manager in Brazil
Jun 04XP Inc. 2021 Q1 - Results - Earnings Call Presentation
May 08XP reports Q1 results
May 04Earnings Update: XP Inc. (NASDAQ:XP) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Feb 26Brazil's financial products and services provider XP acquires Riza M&A
Dec 24The XP (NASDAQ:XP) Share Price Is Up 10% And Shareholders Are Holding On
Dec 10
XP comments on Itaú Unibanco investment
Nov 27XP Shows Resilience And Ambitions For Further Growth
Nov 26XP Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 10Revenue & Expenses BreakdownBeta
How XP makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 14,243 | 3,899 | 5,926 | 0 |
| 30 Sep 23 | 13,391 | 3,639 | 5,643 | 0 |
| 30 Jun 23 | 12,887 | 3,584 | 5,499 | 0 |
| 31 Mar 23 | 12,843 | 3,520 | 5,633 | 0 |
| 31 Dec 22 | 12,945 | 3,579 | 5,803 | 0 |
| 30 Sep 22 | 13,120 | 3,786 | 5,780 | 0 |
| 30 Jun 22 | 12,750 | 3,690 | 5,556 | 0 |
| 31 Mar 22 | 12,396 | 3,710 | 5,284 | 0 |
| 31 Dec 21 | 11,941 | 3,589 | 4,959 | 0 |
| 30 Sep 21 | 11,128 | 3,201 | 4,524 | 0 |
| 30 Jun 21 | 10,095 | 2,806 | 4,051 | 0 |
| 31 Mar 21 | 9,002 | 2,413 | 3,541 | 0 |
| 31 Dec 20 | 8,099 | 2,076 | 3,160 | 0 |
| 30 Sep 20 | 7,380 | 1,864 | 2,853 | 0 |
| 30 Jun 20 | 6,622 | 1,581 | 2,506 | 0 |
| 31 Mar 20 | 5,841 | 1,268 | 2,181 | 0 |
| 31 Dec 19 | 5,043 | 1,080 | 2,016 | 0 |
| 30 Sep 19 | 4,246 | 803 | 1,719 | 0 |
| 31 Dec 18 | 2,886 | 461 | 1,237 | 0 |
| 31 Dec 17 | 1,846 | 414 | 661 | 0 |
| 31 Dec 16 | 1,252 | 189 | 495 | 0 |
| 31 Dec 15 | 661 | 76 | 19 | 0 |
| 31 Dec 14 | 419 | 24 | 16 | 0 |
| 31 Dec 13 | 32 | 32 | 0 | 0 |
Quality Earnings: XP has high quality earnings.
Growing Profit Margin: XP's current net profit margins (27.4%) are lower than last year (27.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XP's earnings have grown significantly by 28.4% per year over the past 5 years.
Accelerating Growth: XP's earnings growth over the past year (8.9%) is below its 5-year average (28.4% per year).
Earnings vs Industry: XP earnings growth over the past year (8.9%) exceeded the Capital Markets industry 3.3%.
Return on Equity
High ROE: Whilst XP's Return on Equity (20.05%) is high, this metric is skewed due to their high level of debt.