Patria Investments (PAX) FCF Margin (2020 - 2025)

Patria Investments (PAX) recorded quarterly FCF Margin of 16.75% in Q4 2025, down 78.75% quarter-over-quarter from 78.84% in Q3 2025, and down 210024.0% on a YoY basis from N/an in Q4 2024.

Patria Investments (PAX) FCF Margin (2020 - 2025) Analysis & Trends

Patria Investments' FCF Margin history runs 6 years deep, the most recent figure standing at 16.75% for Q4 2025.

  • In Q4 2025, FCF Margin fell 210024.0% year-over-year to 16.75%; the TTM figure through Dec 2025 stood at 70.05% (up 546.0% YoY), while the FY2025 annual figure was 71.27%, up 3323.0% from the prior year.
  • FCF Margin was 16.75% for Q4 2025 at Patria Investments, down from 78.84% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 2116.99% in Q4 2024 to a low of 871.85% in Q4 2022.
  • Historically, FCF Margin has averaged 119.31% across 5 years, with a median of 60.91% in 2021.
  • The sharpest annual moves came in 2024 and 2025: FCF Margin jumped 208785 bps in 2024, then plunged 210024 bps in 2025.
  • A 5-year view of FCF Margin shows it stood at 56.19% in 2021, then tumbled by 1652 bps to 871.85% in 2022, then soared by 103 bps to 29.14% in 2023, then soared by 7166 bps to 2116.99% in 2024, then tumbled by 99 bps to 16.75% in 2025.
  • The last three FCF Margin figures came in at 16.75% (Q4 2025), 78.84% (Q3 2025), and 93.16% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -16.21%
2 Blackstone 96.85 Bn 95.80 Bn - 26.47%
3 Kkr 86.45 Bn 133.96 Bn - 39.82%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 32.02%
5 State Street 46.95 Bn 21.27 Bn - -327.00%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 8.80%
7 Northern Trust 31.92 Bn 31.92 Bn - -24.56%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 24.73%
9 Ares Management 29.04 Bn 32.41 Bn - 27.99%
10 Patria Investments 181,920.00 -88.53 Mn - 16.75%

Historic Data

Download Data
DateValue
Dec 31, 2025 16.75%
Sep 30, 2025 78.84%
Jun 30, 2025 93.16%
Mar 31, 2025 125.77%
Dec 31, 2024 2,116.99%
Sep 30, 2024 87.76%
Jun 30, 2024 12.89%
Mar 31, 2024 65.62%
Dec 31, 2023 29.14%
Sep 30, 2023 72.46%
Jun 30, 2023 54.28%
Mar 31, 2023 39.69%
Dec 31, 2022 -871.85%
Sep 30, 2022 107.33%
Jun 30, 2022 18.74%
Mar 31, 2022 50.18%
Dec 31, 2021 56.19%
Sep 30, 2021 121.54%
Jun 30, 2021 -2.37%
Mar 31, 2021 113.08%