Patria Investments (PAX) FCF Margin (2020 - 2026)
Patria Investments' FCF Margin came in at 35.20% for Q2 2026, down 59.19 percentage points from 94.39% a year earlier and down 0.28 percentage points from the prior quarter.
Patria Investments (PAX) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Patria Investments reported FCF Margin of 60.52%, down 53.69 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 Q2 2026 figure represents the lowest quarterly FCF Margin since Q2 2024.
- Year-over-year, FCF Margin has declined for four consecutive quarters, with an average year-over-year change of -1889.31 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 35.48% (Q1 2026), 319.42% (Q4 2025) and 80.50% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 33.60% |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | - |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 62.59% |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 46.12% |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 68.19% |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 2.87% |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | - |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | -8.47% |
| 10 | Patria Investments | 1.46 Bn | 714.81 Mn | - | 35.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.20% |
| Mar 31, 2026 | 35.48% |
| Dec 31, 2025 | 16.75% |
| Sep 30, 2025 | 80.50% |
| Jun 30, 2025 | 94.39% |
| Mar 31, 2025 | 128.51% |
| Dec 31, 2024 | 13.15% |
| Sep 30, 2024 | 87.76% |
| Jun 30, 2024 | 12.89% |
| Dec 31, 2023 | 29.14% |
| Dec 31, 2022 | -25.82% |
| 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% |
| Dec 31, 2020 | -21.92% |
| Sep 30, 2020 | 123.37% |
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_KEY
import 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();