XP Inc. XP
NASDAQ XP
$15.61 -0.35 (-2.16%)
As of: Oct 28, 2026 · 11:03 AM EDT

Xp (XP) EV to EBITDA (2019 - 2025)

Updated

Xp's EV to EBITDA was -36.67 in Q2 2026, compared with 2.23 a year earlier.

Analysis

Xp (XP) EV to EBITDA (2019 - 2025) Analysis & Trends

On a trailing twelve-month basis, Xp's EV to EBITDA was -80.92 through Jun 30, 2026; for FY2025, it was 5.73, up 185.8% from FY2024.

  • In earlier years, EV to EBITDA was 2.01 in FY2024 (-58.2%), 4.80 in FY2023 (-34.4%), 7.32 in FY2022 (-54.4%) and 16.06 in FY2021 (-91.1%).
  • Quarterly EV to EBITDA has moved between -38.29 (Q4 2025) and 70.85 (Q3 2021) over five years.
  • Compared with a year earlier, EV to EBITDA was higher in 1 of the last five quarters, with an average decline of 41.3%.
  • The best year-over-year quarter for EV to EBITDA over five years was Q1 2026 (growth of 68.8%); the worst was Q4 2024 (a decline of 91.2%).
  • Per Business Quant data, XP's EV to EBITDA in the three quarters before Q2 2026 was 2.18 (Q1 2026), -38.29 (Q4 2025) and 1.49 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cme 105.14 Bn 93.48 Bn -
2 Bank of New York Mellon 101.68 Bn 101.68 Bn -
3 Intercontinental Exchange 87.11 Bn 80.85 Bn -
4 Robinhood Markets 82.66 Bn 82.66 Bn -
5 Nasdaq 58.73 Bn 56.17 Bn 1.48 Bn
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
9 Northern Trust 31.44 Bn 31.44 Bn -
10 Xp 8.22 Bn -13.61 Bn 105.39 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 0.03
Mar 31, 2025 0.01
Dec 31, 2024 0.01
Sep 30, 2024 0.01
Jun 30, 2024 0.01
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.02
Jun 30, 2023 31.11
Mar 31, 2023 6.89
Dec 31, 2022 12.91
Sep 30, 2022 7.21
Jun 30, 2022 6.90
Mar 31, 2022 12.05
Dec 31, 2021 14.12
Sep 30, 2021 146.13
Jun 30, 2021 175.16
Mar 31, 2021 177.47
Dec 31, 2020 201.51
Sep 30, 2020 202.45
API Access

Xp EV to EBITDA 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-ebitda&ticker=XP&period=max&api_key=YOUR_API_KEY