Patria Investments (PAX) FCF Margin (2020 - 2026)
Patria Investments' FCF Margin came in at 35.48% for Q1 2026, down 93.03 percentage points from 128.51% a year earlier and down 283.94 percentage points from the prior quarter.
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Analysis
Patria Investments (PAX) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Patria Investments reported FCF Margin of 80.59%, down 8.20 percentage points year-over-year; for FY2025, it was 76.80%, up 36.83 percentage points from FY2024.
- FCF Margin carries a five-year change of +30.84 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 39.97% in FY2024 (-9.66 pp), 49.63% in FY2023 (+16.22 pp), 33.41% in FY2022 (-11.60 pp) and 45.01% in FY2021 (-0.94 pp).
- The Q1 2026 figure represents the lowest quarterly FCF Margin since Q2 2024.
- Year-over-year, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of -1887.08 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2023 (a gain of 15448.05 percentage points), and the weakest in Q4 2024 (a drop of 14034.60 percentage points).
- Business Quant data shows PAX's FCF Margin at 319.42% (Q4 2025), 78.84% (Q3 2025) and 96.13% (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | 15.78% |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | 37.86% |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | 55.96% |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | 30.52% |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 25.83% |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 69.90% |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 83.08% |
| 10 | Patria Investments | 1.63 Bn | 1.01 Bn | - | 35.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 35.48% |
| Dec 31, 2025 | 319.42% |
| Sep 30, 2025 | 78.84% |
| Jun 30, 2025 | 96.13% |
| Mar 31, 2025 | 128.51% |
| Dec 31, 2024 | 1,399.55% |
| Sep 30, 2024 | 87.76% |
| Jun 30, 2024 | 12.89% |
| Mar 31, 2024 | 65.62% |
| Dec 31, 2023 | 15,434.15% |
| Sep 30, 2023 | 72.46% |
| Jun 30, 2023 | 54.28% |
| Mar 31, 2023 | 39.69% |
| Dec 31, 2022 | -13.90% |
| 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% |
API Access
Patria Investments FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=PAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "PAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=PAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();