Patria Investments (NASDAQ: PAX)

$11.01-0.81%today

Brazilian ADR trading on the NASDAQ, priced in US dollars. Key figures below are sourced from Yahoo Finance.

Market Cap: $1.76B
P/E (TTM): 20.8x
P/B: 2.9x
EPS (TTM): 0.53
Dividend Yield: 5.56%
52-Week Range: $10.56 – $17.80
Volume: 693K
Previous Close: $11.10

TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.

Performance

Today

-0.81%

1 Week

+0.92%

1 Month

-3.17%

YTD

-30.71%

1 Year

-20.62%

5 Years

-29.87%

About Patria Investments

US Ticker: PAX
B3 Ticker: —
Exchange: NASDAQ
Currency: USD
Sector: Financial Services
Industry: Asset Management
Headquarters: Grand Cayman, Cayman Islands
Employees: 548
CEO: Mr. Alexandre Teixeira de Assumpcao Saigh
Founded: 1994

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.

www.patria.com

Analyst Ratings

Consensus of 7 Wall Street analysts · sourced from Yahoo Finance

2.3Buy

On a 1–5 scale: 1 = Strong Buy, 3 = Hold, 5 = Sell. Lower is more bullish.

12-Month Price Target

Low

$12.00

Average

$15.57

High

$20.00

The average target is +41.43% above the current price of $11.01.

Financial Results

Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).

Financial Health

Margins, leverage and cash-flow quality derived from Patria Investments's income statement, balance sheet and cash flow (absolute figures in USD).

ProfitabilityLeverageGrowth

Overall: Financially Strong

Net Margin: 18.0%
ROE: 12.0%
Rev Growth (YoY): +4.63%
Net Debt / EBITDA: 1.31×
Current Ratio: 1.70×
Interest Coverage: 4.75×
Free Cash Flow: 187.8M
Payout Ratio: 132.3%

Income — Margins & Efficiency

Metric	Last 12MQ2'25 – Q1'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022	Δ	2021	Δ	2020	Δ	2019	Δ	2018
Revenue	$401,583,000	+4.6%	$383,800,000	+2.6%	$374,204,000	+14.2%	$327,617,000	+26.6%	$258,877,000	+9.9%	$235,515,000	+104.8%	$115,017,000	-6.9%	$123,485,000	+16.9%	$105,670,000
Gross profit	$340,051,000	-7.9%	$369,200,000	+14.1%	$323,716,000	+12.1%	$288,883,000	+28.9%	$224,054,000	+1.4%	$220,879,000	+111.6%	$104,386,000	+30.0%	$80,300,000	+25.0%	$64,258,000
Operating income	$135,522,000	+3.2%	$131,300,000	-20.9%	$165,901,000	+1.2%	$163,857,000	+25.6%	$130,410,000	-5.0%	$137,224,000	+104.2%	$67,208,000	+3.7%	$64,825,000	+39.3%	$46,538,000
EBITDA	$155,874,000	+18.7%	$131,300,000	-1.4%	$133,219,000	-9.0%	$146,359,000	+16.7%	$125,464,000	-4.5%	$131,350,000	+78.6%	$73,532,000	-0.2%	$73,645,000	+36.7%	$53,857,000
Net profit	$72,151,000	-15.7%	$85,600,000	+19.1%	$71,875,000	-39.3%	$118,400,000	+27.4%	$92,957,000	-24.1%	$122,476,000	+96.9%	$62,209,000	+6.3%	$58,539,000	+34.1%	$43,669,000
Gross margin	84.7%	-11.5 p.p.	96.2%	+9.7 p.p.	86.5%	-1.7 p.p.	88.2%	+1.6 p.p.	86.5%	-7.2 p.p.	93.8%	+3.0 p.p.	90.8%	+25.7 p.p.	65.0%	+4.2 p.p.	60.8%
Operating margin	33.7%	-0.5 p.p.	34.2%	-10.1 p.p.	44.3%	-5.7 p.p.	50.0%	-0.4 p.p.	50.4%	-7.9 p.p.	58.3%	-0.2 p.p.	58.4%	+5.9 p.p.	52.5%	+8.5 p.p.	44.0%
EBITDA margin	38.8%	+4.6 p.p.	34.2%	-1.4 p.p.	35.6%	-9.1 p.p.	44.7%	-3.8 p.p.	48.5%	-7.3 p.p.	55.8%	-8.2 p.p.	63.9%	+4.3 p.p.	59.6%	+8.7 p.p.	51.0%
Net margin	18.0%	-4.3 p.p.	22.3%	+3.1 p.p.	19.2%	-16.9 p.p.	36.1%	+0.2 p.p.	35.9%	-16.1 p.p.	52.0%	-2.1 p.p.	54.1%	+6.7 p.p.	47.4%	+6.1 p.p.	41.3%
Revenue growth (YoY)	4.6%	+2.1 p.p.	2.6%	-11.7 p.p.	14.2%	-12.3 p.p.	26.6%	+16.6 p.p.	9.9%	-94.8 p.p.	104.8%	+111.6 p.p.	-6.9%	-23.7 p.p.	16.9%	—	—
Effective tax rate	9.5%	+7.7 p.p.	1.8%	-10.1 p.p.	12.0%	+14.4 p.p.	-2.4%	-10.5 p.p.	8.1%	+7.8 p.p.	0.3%	-4.5 p.p.	4.8%	-0.6 p.p.	5.5%	+1.2 p.p.	4.3%
Interest coverage	4.75×	-41.2%	8.08×	-5.4%	8.54×	-91.1%	95.93×	+66.3%	57.70×	-51.9%	119.95×	+58.3%	75.77×	+6.4%	71.21×	-68.6%	226.51×

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Balance Sheet — Health & Leverage

Metric	Last 12MQ2'25 – Q1'26	Δ	2025	Δ	2024	Δ	2023	Δ	2022	Δ	2021	Δ	2020	Δ	2019	Δ	2018
Net debt	$204,200,000	+40.7%	$145,083,000	-33.1%	$216,991,000	+101497.7%	-$214,000	+97.9%	-$10,425,000	-40.9%	-$7,400,000	+40.7%	-$12,470,000	-1119.0%	-$1,023,000	+52.6%	-$2,160,000
Net Debt / Equity	0.34×	+42.7%	0.24×	-47.4%	0.45×	+114441.4%	-0.00×	+97.9%	-0.02×	-43.8%	-0.01×	+94.0%	-0.22×	-1626.0%	-0.01×	+58.2%	-0.03×
Net Debt / EBITDA	1.31×	+18.6%	1.10×	-32.2%	1.63×	+111499.0%	-0.00×	+98.2%	-0.08×	-47.5%	-0.06×	+66.8%	-0.17×	-1120.8%	-0.01×	+65.4%	-0.04×
Debt / Equity	0.42×	+30.2%	0.32×	-37.6%	0.52×	+1683.1%	0.03×	+0.3%	0.03×	+108.9%	0.01×	-49.5%	0.03×	-27.7%	0.04×	+1369.3%	0.00×
Current ratio	1.70×	+74.1%	0.98×	+4.1%	0.94×	-7.2%	1.01×	-28.8%	1.42×	-37.1%	2.26×	+85.1%	1.22×	-59.2%	2.98×	+11.9%	2.67×
Return on equity (ROE)	12.0%	-2.0 p.p.	14.0%	-0.9 p.p.	14.9%	-6.9 p.p.	21.8%	+5.0 p.p.	16.8%	-4.9 p.p.	21.7%	-86.8 p.p.	108.5%	+36.4 p.p.	72.1%	+11.2 p.p.	61.0%
Return on assets (ROA)	4.2%	-1.6 p.p.	5.7%	-0.2 p.p.	6.0%	-5.7 p.p.	11.7%	+2.2 p.p.	9.5%	-6.6 p.p.	16.1%	-41.9 p.p.	58.0%	+7.1 p.p.	51.0%	+15.4 p.p.	35.5%
Book value / share	$3.80	-1.8%	$3.87	+23.6%	$3.13	-14.2%	$3.65	-2.8%	$3.75	-9.5%	$4.15	+867.6%	$0.43	-29.4%	$0.61	-0.8%	$0.61

Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.

Net Debt & Leverage

Free Cash Flow

Margins

Dividend Payout Ratio

Capex ÷ Revenue

Cash Conversion (operating cash flow ÷ net income)

Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.

Valuation & Dividends

P/E Ratio History

Dividend History

This year (YTD) $0.31/share · yield 2.84%

Dividends and yield from Yahoo Finance (per ADR share, in USD). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.

Last updated: 14:44 BRT · Updated hourly during market hours

← All stocks & ETFs