Patria Investments (PAX) Free Cash Flow (2020 - 2026)
Patria Investments' Free Cash Flow came in at $39.18 million for Q2 2026, down 49.7% from $77.89 million a year earlier but up 13.8% from the prior quarter.
Patria Investments (PAX) Free Cash Flow (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Patria Investments reported Free Cash Flow of $186.64 million, down 32.5% 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 five-year range for quarterly Free Cash Flow is -$12.69 million (Q4 2022) to $102.25 million (Q1 2025).
- Year-over-year, Free Cash Flow increased in five of the last eight quarters, with growth averaging 100.3%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q2 2025 (growth of 705.8%), and the weakest in Q2 2024 (a decline of 77.3%).
- Business Quant data shows PAX's Free Cash Flow at $34.44 million (Q1 2026), $43.43 million (Q4 2025) and $69.6 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 2.61 Bn |
| 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 | - | 1.92 Bn |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 2.10 Bn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 521.00 Mn |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 136.00 Mn |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | 644.86 Mn |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | -121.47 Mn |
| 10 | Patria Investments | 1.46 Bn | 714.81 Mn | - | 39.18 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.18 Mn |
| Mar 31, 2026 | 34.44 Mn |
| Dec 31, 2025 | 22.31 Mn |
| Sep 30, 2025 | 69.60 Mn |
| Jun 30, 2025 | 77.89 Mn |
| Mar 31, 2025 | 102.25 Mn |
| Dec 31, 2024 | 20.68 Mn |
| Sep 30, 2024 | 68.50 Mn |
| Jun 30, 2024 | 9.67 Mn |
| Mar 31, 2024 | 41.94 Mn |
| Dec 31, 2023 | 32.56 Mn |
| Sep 30, 2023 | 46.04 Mn |
| Jun 30, 2023 | 42.66 Mn |
| Mar 31, 2023 | 29.27 Mn |
| Dec 31, 2022 | -23.57 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 |
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();