Patria Investments (PAX) Free Cash Flow (2020 - 2026)
Patria Investments' Free Cash Flow came in at $34.44 million for Q1 2026, down 66.3% from $102.25 million a year earlier and down 20.7% from the prior quarter.
Patria Investments (PAX) Free Cash Flow (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Patria Investments reported Free Cash Flow of $225.36 million, up 8.2% year-over-year; for FY2025, it came in at $293.17 million, up 96.0% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 40.9% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $149.55 million in FY2024 (-8.0%), $162.6 million in FY2023 (+88.0%), $86.49 million in FY2022 (-18.4%) and $106.01 million in FY2021 (+100.6%).
- The Q1 2026 figure represents the lowest quarterly Free Cash Flow since Q4 2024.
- Year-over-year, Free Cash Flow increased in four of the last eight quarters, with growth averaging 98.5%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q2 2025 (growth of 720.6%), and the weakest in Q2 2024 (a decline of 77.3%).
- Business Quant data shows PAX's Free Cash Flow at $43.43 million (Q4 2025), $68.17 million (Q3 2025) and $79.33 million (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | 1.12 Bn |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | 1.91 Bn |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | 3.20 Bn |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | 535.00 Mn |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 2.88 Bn |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 649.52 Mn |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 482.60 Mn |
| 10 | Patria Investments | 1.63 Bn | 1.01 Bn | - | 34.44 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 34.44 Mn |
| Dec 31, 2025 | 43.43 Mn |
| Sep 30, 2025 | 68.17 Mn |
| Jun 30, 2025 | 79.33 Mn |
| Mar 31, 2025 | 102.25 Mn |
| Dec 31, 2024 | 27.89 Mn |
| Sep 30, 2024 | 68.50 Mn |
| Jun 30, 2024 | 9.67 Mn |
| Mar 31, 2024 | 41.94 Mn |
| Dec 31, 2023 | 44.30 Mn |
| Sep 30, 2023 | 46.04 Mn |
| Jun 30, 2023 | 42.66 Mn |
| Mar 31, 2023 | 29.27 Mn |
| Dec 31, 2022 | -12.69 Mn |
| Sep 30, 2022 | 61.17 Mn |
| Jun 30, 2022 | 10.42 Mn |
| Mar 31, 2022 | 27.59 Mn |
| Dec 31, 2021 | 25.97 Mn |
| Sep 30, 2021 | 48.25 Mn |
| Jun 30, 2021 | -2.82 Mn |
Patria Investments Free Cash Flow 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=free-cash-flow&ticker=PAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=PAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();