Growth Metrics

Patria Investments (PAX) Free Cash Flow (2020 - 2025)

Patria Investments' 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 has reported Free Cash Flow for 6 years, with the latest figure at $22.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow rose 7.86% year-over-year to $22.3 million; the trailing twelve-month figure through Dec 2025 stood at $267.4 million (up 89.95% YoY), and the FY2025 full-year result was $272.1 million, up 91.13% from the prior year.
  • Free Cash Flow for Q4 2025 stood at $22.3 million, down from $68.2 million in the prior quarter.
  • The five-year high for Free Cash Flow was $100.1 million in Q1 2025, with the low at -$23.6 million in Q4 2022.
  • Average Free Cash Flow over 5 years is $37.0 million, with a median of $33.6 million recorded in 2021.
  • Year-over-year, Free Cash Flow plunged 1475.61% in 2021 and jumped 695.22% in 2025.
  • Tracing PAX's Free Cash Flow over 5 years: stood at $26.0 million in 2021, then tumbled by 190.75% to -$23.6 million in 2022, then jumped by 238.15% to $32.6 million in 2023, then plunged by 36.47% to $20.7 million in 2024, then climbed 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 158.51 Bn 148.89 Bn - -1.09 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 957.64 Mn
3 Kkr 84.94 Bn 132.45 Bn - 1.72 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 332.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 1.62 Bn
6 State Street 44.42 Bn 18.75 Bn - -12.41 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 430.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -329.40 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 390.87 Mn
10 Patria Investments 186,560.00 -88.53 Mn - 22.31 Mn

Historic Data

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DateValue
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
Jun 30, 2023 42.66 Mn
Jun 30, 2023 42.66 Mn
Mar 31, 2023 29.27 Mn
Mar 31, 2023 29.27 Mn
Dec 31, 2022 -23.57 Mn
Dec 31, 2022 -23.57 Mn
Sep 30, 2022 61.17 Mn
Sep 30, 2022 61.17 Mn
Jun 30, 2022 10.42 Mn
Jun 30, 2022 10.42 Mn
Mar 31, 2022 27.59 Mn
Mar 31, 2022 27.59 Mn
Dec 31, 2021 25.97 Mn
Dec 31, 2021 25.97 Mn
Sep 30, 2021 48.25 Mn
Sep 30, 2021 48.25 Mn
Jun 30, 2021 -2.82 Mn
Jun 30, 2021 -2.82 Mn
Mar 31, 2021 34.62 Mn
Mar 31, 2021 34.62 Mn
Dec 31, 2020 -6.96 Mn
Dec 31, 2020 -6.96 Mn
Sep 30, 2020 40.89 Mn
Sep 30, 2020 40.89 Mn
Jun 30, 2020 205,000.00
Jun 30, 2020 205,000.00
Mar 31, 2020 18.40 Mn
Mar 31, 2020 18.40 Mn