Xp (XP) Debt Ratio (2018 - 2026)
Xp's Debt Ratio came in at 0.00 for Q4 2025, down 74.5% from 0.01 a year earlier and down 94.4% from the prior quarter.
Analysis
Xp (XP) Debt Ratio (2018 - 2026) Analysis & Trends
Going back to Q4 2018, Xp's Debt Ratio data covers 26 quarters.
- Going back by year, Debt Ratio was 0.01 in FY2024 (+6.3%), 0.01 in FY2023 (-89.4%), 0.07 in FY2022 (+1.3%) and 0.07 in FY2021 (+232.7%).
- The Q4 2025 figure represents the lowest quarterly Debt Ratio in data going back to Q4 2018.
- Year-over-year, Debt Ratio has declined for four consecutive quarters, with an average decline of 44.8% over the last seven quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q4 2021 (growth of 232.8%), and the weakest in Q3 2025 (a decline of 95.3%).
- Business Quant data shows XP's Debt Ratio at 0.04 (Q3 2025), 0.04 (Q2 2025) and 0.05 (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.14 Bn | 93.48 Bn | - | 0.02 |
| 2 | Bank of New York Mellon | 101.68 Bn | 101.68 Bn | - | - |
| 3 | Intercontinental Exchange | 87.11 Bn | 80.85 Bn | - | 0.11 |
| 4 | Robinhood Markets | 82.66 Bn | 82.66 Bn | - | - |
| 5 | Nasdaq | 58.73 Bn | 56.17 Bn | 1.48 Bn | 0.32 |
| 6 | State Street | 47.65 Bn | 47.65 Bn | - | - |
| 7 | Interactive Brokers | 36.80 Bn | 36.80 Bn | - | - |
| 8 | Cboe Global Markets | 33.71 Bn | 25.37 Bn | 731.60 Mn | 0.14 |
| 9 | Northern Trust | 31.44 Bn | 31.44 Bn | - | - |
| 10 | Xp | 8.22 Bn | -13.61 Bn | 105.39 Mn | 0.72 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.72 |
| Mar 31, 2026 | 0.73 |
| Dec 31, 2025 | 0.73 |
| Sep 30, 2025 | 0.75 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | 0.78 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 0.77 |
| Mar 31, 2024 | 0.76 |
| Dec 31, 2023 | 0.74 |
| Sep 30, 2023 | 0.74 |
| Jun 30, 2023 | 0.76 |
| Mar 31, 2023 | 0.72 |
| Dec 31, 2022 | 0.73 |
| Sep 30, 2022 | 0.72 |
| Jun 30, 2022 | 0.72 |
| Mar 31, 2022 | 0.73 |
| Dec 31, 2021 | 0.71 |
| Sep 30, 2021 | 0.73 |
API Access
Xp Debt Ratio 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=debt-ratio&ticker=XP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "XP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=XP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();