Xp (XP) EV to CFO (2019 - 2026)
Xp's EV to CFO came in at -7.25 for Q2 2026, compared with 1.14 a year earlier.
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Analysis
Xp (XP) EV to CFO (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xp reported EV to CFO of -16.00; for FY2025, it came in at 3.94, up 28.6% from FY2024.
- Going back by year, EV to CFO was 3.06 in FY2024 (-64.9%), 8.72 in FY2023 (-54.0%) and 18.94 in FY2022.
- The Q2 2026 figure represents the lowest quarterly EV to CFO in data going back to Q4 2019.
- Year-over-year, EV to CFO increased in 1 of the last six quarters, with an average decline of 33.8%.
- The fastest year-over-year change in EV to CFO over five years came in Q1 2024 (growth of 214.6%), and the weakest in Q1 2022 (a decline of 99.4%).
- Business Quant data shows XP's EV to CFO at 0.37 (Q1 2026), -6.75 (Q4 2025) and 0.55 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 104.90 Bn | 93.23 Bn | - |
| 2 | Bank of New York Mellon | 100.13 Bn | 100.13 Bn | - |
| 3 | Intercontinental Exchange | 87.19 Bn | 80.99 Bn | - |
| 4 | Robinhood Markets | 85.01 Bn | 85.09 Bn | - |
| 5 | Nasdaq | 58.28 Bn | 55.72 Bn | 1.48 Bn |
| 6 | State Street | 46.95 Bn | 46.95 Bn | - |
| 7 | Interactive Brokers | 37.06 Bn | 54.10 Bn | - |
| 8 | Cboe Global Markets | 33.98 Bn | 25.63 Bn | 731.60 Mn |
| 9 | Northern Trust | 31.17 Bn | 31.17 Bn | - |
| 10 | Xp | 8.30 Bn | -13.53 Bn | 105.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50 |
| Mar 31, 2026 | 1.08 |
| Dec 31, 2025 | 1.60 |
| Sep 30, 2025 | 1.24 |
| Jun 30, 2025 | 7.91 |
| Mar 31, 2025 | 2.04 |
| Dec 31, 2024 | 3.32 |
| Sep 30, 2024 | 4.86 |
| Jun 30, 2024 | 12.49 |
| Mar 31, 2024 | 45.73 |
| Dec 31, 2023 | 10.37 |
| Sep 30, 2023 | 10.31 |
| Jun 30, 2023 | 10.34 |
| Mar 31, 2023 | 6.11 |
| Dec 31, 2022 | 22.74 |
| Sep 30, 2022 | 22.27 |
| Jun 30, 2021 | 1,660.97 |
| Mar 31, 2021 | 1,434.24 |
| Sep 30, 2020 | 810.04 |
| Jun 30, 2020 | 817.35 |
API Access
Xp EV to CFO 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=ev-to-cfo&ticker=XP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=XP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();