Patria Investments (PAX) Gross Margin (2020 - 2022)
Patria Investments' (PAX) quarterly Gross Margin came in at 54.39% in Q3 2022, down 733.0% year-on-year from 8.59% in Q3 2021, and up 7.27% quarter-over-quarter from 50.7% in Q2 2022.
Patria Investments (PAX) Gross Margin (2020 - 2022) Analysis & Trends
Patria Investments' Gross Margin history runs 3 years deep, the most recent figure standing at 54.39% for Q3 2022.
- On a quarterly basis, Gross Margin fell 733.0% year-over-year to 54.39% in Q3 2022; TTM through Sep 2022 was 54.41%, a 914.0% decrease from a year earlier, with the FY2021 full-year figure at 63.16%, down 799.0% from the prior year.
- Gross Margin advanced to 54.39% in Q3 2022 per PAX's latest filing, from 50.7% in the prior quarter.
- Across five years, Gross Margin topped out at 68.98% in Q2 2020 and bottomed at 49.76% in Q1 2022.
- The 3-year median for Gross Margin is 61.72% (2021), against an average of 60.16%.
- Across the five-year window, Gross Margin slumped 524 bps in 2021 and plunged 1304 bps in 2022, its largest moves.
- Year by year, Gross Margin stood at 68.98% in 2020, then slipped by 7 bps to 64.43% in 2021, then slipped by 16 bps to 54.39% in 2022.
- Per Business Quant, the three latest PAX Gross Margin figures stand at 54.39% (Q3 2022), 50.7% (Q2 2022), and 49.76% (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 99.89% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -188.48% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Patria Investments | 1.72 Bn | 1.48 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 54.39% |
| Jun 30, 2022 | 50.70% |
| Mar 31, 2022 | 49.76% |
| Dec 31, 2021 | 64.43% |
| Sep 30, 2021 | 61.72% |
| Jun 30, 2021 | 63.74% |
| Mar 31, 2021 | 60.85% |
| Jun 30, 2020 | 68.98% |
| Mar 31, 2020 | 66.83% |