Patria Investments (PAX) Free Cash Flow (2020 - 2025)
Patria Investments' (PAX) quarterly Free Cash Flow came in at $22.3 million in Q4 2025, up 7.86% year-on-year from $20.7 million in Q4 2024, and down 67.27% quarter-over-quarter from $68.2 million in Q3 2025.
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.
- On a quarterly basis, Free Cash Flow rose 7.86% year-over-year to $22.3 million in Q4 2025; TTM through Dec 2025 was $272.1 million, a 91.13% increase from a year earlier, with the FY2025 full-year figure at $272.1 million, up 91.13% from the prior year.
- Free Cash Flow eased to $22.3 million in Q4 2025 per PAX's latest filing, from $68.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $102.3 million in Q1 2025 and bottomed at -$23.6 million in Q4 2022.
- The 5-year median for Free Cash Flow is $33.6 million (2021), against an average of $37.3 million.
- Across the five-year window, Free Cash Flow plunged 1475.61% in 2021 and soared 677.55% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at $26.0 million in 2021, then slumped by 190.75% to -$23.6 million in 2022, then soared by 238.15% to $32.6 million in 2023, then tumbled by 36.47% to $20.7 million in 2024, then advanced by 7.86% to $22.3 million in 2025.
- Per Business Quant, the three latest PAX Free Cash Flow figures stand at $22.3 million (Q4 2025), $68.2 million (Q3 2025), and $79.3 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -1.09 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 957.64 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 1.62 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | -12.41 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 430.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | -329.40 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 1.05 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 762.30 Mn |
| 10 | Patria Investments | 1.72 Bn | 1.48 Bn | - | 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 | 79.33 Mn |
| Jun 30, 2025 | 79.33 Mn |
| Mar 31, 2025 | 102.25 Mn |
| Mar 31, 2025 | 102.25 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 | 10.20 Mn |
| Jun 30, 2024 | 10.20 Mn |
| Mar 31, 2024 | 42.95 Mn |
| Mar 31, 2024 | 42.95 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 |