Xp (XP) EV to EBITDA (2019 - 2026)
Xp's EV to EBITDA was -36.67 in Q2 2026, compared with 2.23 a year earlier.
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Analysis
Xp (XP) EV to EBITDA (2019 - 2026) 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 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn |
| 10 | Xp | 11.18 Bn | -146.56 Bn | 105.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.67 |
| Mar 31, 2026 | 2.18 |
| Dec 31, 2025 | -38.29 |
| Sep 30, 2025 | 1.49 |
| Jun 30, 2025 | 2.23 |
| Mar 31, 2025 | 1.29 |
| Dec 31, 2024 | 0.95 |
| Sep 30, 2024 | 2.80 |
| Jun 30, 2024 | 4.65 |
| Mar 31, 2024 | 8.89 |
| Dec 31, 2023 | 10.75 |
| Dec 31, 2022 | 37.14 |
| Sep 30, 2022 | 10.76 |
| Jun 30, 2022 | 11.71 |
| Mar 31, 2022 | 21.62 |
| Dec 31, 2021 | 27.79 |
| Sep 30, 2021 | 70.85 |
| Jun 30, 2021 | 82.43 |
| Mar 31, 2021 | 63.35 |
| Dec 31, 2020 | 72.22 |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=XP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();