Patria Investments (PAX) Free Cash Flow (2020 - 2025)
Patria Investments (PAX) recorded quarterly Free Cash Flow of $22.3 million in Q4 2025, down 67.27% quarter-over-quarter from $68.2 million in Q3 2025, and up 7.86% on a YoY basis from $20.7 million in Q4 2024.
Patria Investments (PAX) Free Cash Flow (2020 - 2025) Analysis & Trends
Patria Investments' Free Cash Flow history runs 6 years deep, the most recent figure standing at $22.3 million for Q4 2025.
- In Q4 2025, Free Cash Flow rose 7.86% year-over-year to $22.3 million; the TTM figure through Dec 2025 stood at $267.4 million (up 89.95% YoY), while the FY2025 annual figure was $272.1 million, up 91.13% from the prior year.
- Free Cash Flow was $22.3 million for Q4 2025 at Patria Investments, down from $68.2 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $100.1 million in Q1 2025 to a low of -$23.6 million in Q4 2022.
- Historically, Free Cash Flow has averaged $37.0 million across 5 years, with a median of $33.6 million in 2021.
- The sharpest annual moves came in 2021 and 2025: Free Cash Flow plunged 1475.61% in 2021, then surged 695.22% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $26.0 million in 2021, then plunged by 190.75% to -$23.6 million in 2022, then soared by 238.15% to $32.6 million in 2023, then sank by 36.47% to $20.7 million in 2024, then advanced by 7.86% to $22.3 million in 2025.
- The last three Free Cash Flow figures came in at $22.3 million (Q4 2025), $68.2 million (Q3 2025), and $76.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | -1.09 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 957.64 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.72 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.62 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -12.41 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 430.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -329.40 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 1.05 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 390.87 Mn |
| 10 | Patria Investments | 181,920.00 | -88.53 Mn | - | 22.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.31 Mn |
| Dec 31, 2025 | 22.31 Mn |
| Sep 30, 2025 | 68.17 Mn |
| Sep 30, 2025 | 68.17 Mn |
| Jun 30, 2025 | 76.87 Mn |
| Jun 30, 2025 | 76.87 Mn |
| Mar 31, 2025 | 100.07 Mn |
| Mar 31, 2025 | 100.07 Mn |
| Dec 31, 2024 | 20.68 Mn |
| Dec 31, 2024 | 20.68 Mn |
| Sep 30, 2024 | 68.50 Mn |
| Sep 30, 2024 | 68.50 Mn |
| Jun 30, 2024 | 9.67 Mn |
| Jun 30, 2024 | 9.67 Mn |
| Mar 31, 2024 | 41.94 Mn |
| Mar 31, 2024 | 41.94 Mn |
| Dec 31, 2023 | 32.56 Mn |
| Dec 31, 2023 | 32.56 Mn |
| Sep 30, 2023 | 46.04 Mn |
| Sep 30, 2023 | 46.04 Mn |