Growth Metrics

Patria Investments (PAX) Tax Rate (2020 - 2025)

Patria Investments' quarterly Tax Rate came in at 21.48% in Q4 2025, down 3845.0% year-on-year from 0.57% in Q4 2024, and down 1386.46% quarter-over-quarter from 1.45% in Q3 2025.

Patria Investments has reported Tax Rate for 6 years, with the latest figure at 21.48% in Q4 2025.

  • For the quarter ending Q4 2025, Tax Rate fell 3845.0% year-over-year to 21.48%; the trailing twelve-month figure through Dec 2025 stood at 1.03% (up 340.0% YoY), and the FY2025 full-year result was 1.86%, down 1012.0% from the prior year.
  • Tax Rate for Q4 2025 stood at 21.48%, down from 1.45% in the prior quarter.
  • The five-year high for Tax Rate was 342.4% in Q2 2024, with the low at 81.51% in Q3 2024.
  • Average Tax Rate over 5 years is 21.64%, with a median of 7.18% recorded in 2022.
  • Year-over-year, Tax Rate jumped 33214 bps in 2024 and slumped 31959 bps in 2025.
  • Tracing PAX's Tax Rate over 5 years: stood at 1.77% in 2021, then jumped by 2567 bps to 47.17% in 2022, then decreased by 27 bps to 34.62% in 2023, then sank by 51 bps to 16.96% in 2024, then slumped by 227 bps to 21.48% in 2025.
  • The last three Tax Rate figures came in at 21.48% (Q4 2025), 1.45% (Q3 2025), and 22.81% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 18.16
2 Blackstone 92.68 Bn 91.63 Bn - 13.55
3 Kkr 84.94 Bn 132.45 Bn - 40.05
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 15.80
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 598.59
6 State Street 44.42 Bn 18.75 Bn - 21.16
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 20.02
8 Northern Trust 31.21 Bn 31.21 Bn - 24.99
9 Ares Management 28.85 Bn 32.22 Bn - 19.13
10 Patria Investments 186,560.00 -88.53 Mn - -21.48

Historic Data

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DateValue
Dec 31, 2025 -21.48
Dec 31, 2025 -21.48
Sep 30, 2025 -1.45
Sep 30, 2025 -1.45
Jun 30, 2025 22.81
Jun 30, 2025 22.81
Mar 31, 2025 28.73
Mar 31, 2025 28.73
Dec 31, 2024 16.96
Dec 31, 2024 16.96
Sep 30, 2024 -81.51
Sep 30, 2024 -81.51
Jun 30, 2024 342.40
Jun 30, 2024 342.40
Mar 31, 2024 -21.02
Mar 31, 2024 -21.02
Dec 31, 2023 34.62
Dec 31, 2023 34.62
Sep 30, 2023 18.60
Sep 30, 2023 18.60
Jun 30, 2023 10.25
Jun 30, 2023 10.25
Mar 31, 2023 5.68
Mar 31, 2023 5.68
Dec 31, 2022 47.17
Dec 31, 2022 47.17
Sep 30, 2022 14.57
Sep 30, 2022 14.57
Jun 30, 2022 7.00
Jun 30, 2022 7.00
Mar 31, 2022 7.37
Mar 31, 2022 7.37
Dec 31, 2021 1.77
Dec 31, 2021 1.77
Sep 30, 2021 0.32
Sep 30, 2021 0.32
Jun 30, 2021 0.06
Jun 30, 2021 0.06
Mar 31, 2021 0.04
Mar 31, 2021 0.04
Jun 30, 2020 1.71
Jun 30, 2020 1.71
Mar 31, 2020 1.45
Mar 31, 2020 1.45