Xp (XP) FCF Margin (2019 - 2026)
Xp (XP) recorded FCF Margin of -59.09% in Q2 2026, down 326.54 percentage points from 267.45% a year earlier and down 304.54 percentage points from the prior quarter.
Powered by 
Analysis
Xp (XP) FCF Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Xp's FCF Margin came in at 588.73% as of Jun 30, 2026, up 96.27 percentage points year-over-year; for FY2025, it was 153.82%, up 1.30 percentage points from FY2024.
- Annual FCF Margin has increased for four straight years, with a five-year change of +133.50 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 152.51% in FY2024 (+27.08 pp), 125.43% in FY2023 (+84.70 pp), 40.73% in FY2022 (+72.90 pp) and -32.17% in FY2021 (-52.48 pp).
- The Q2 2026 figure is the lowest quarterly FCF Margin since Q1 2025.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of -189732332.36 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 1517859398.76 percentage points in Q4 2023, against a drop of 1517859288.61 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 245.46% (Q1 2026), 1422.95% (Q4 2025) and 593.15% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.14 Bn | 93.48 Bn | - | 61.60% |
| 2 | Bank of New York Mellon | 101.68 Bn | 101.68 Bn | - | - |
| 3 | Intercontinental Exchange | 87.11 Bn | 80.85 Bn | - | 51.34% |
| 4 | Robinhood Markets | 82.66 Bn | 82.66 Bn | - | - |
| 5 | Nasdaq | 58.73 Bn | 56.17 Bn | 1.48 Bn | 19.18% |
| 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 | -37.17% |
| 9 | Northern Trust | 31.44 Bn | 31.44 Bn | - | - |
| 10 | Xp | 8.22 Bn | -13.61 Bn | 105.39 Mn | -59.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -59.09% |
| Mar 31, 2026 | 245.46% |
| Dec 31, 2025 | -112.95% |
| Sep 30, 2025 | 593.15% |
| Jun 30, 2025 | 267.45% |
| Mar 31, 2025 | -158.42% |
| Dec 31, 2024 | 186.06% |
| Sep 30, 2024 | 244.45% |
| Jun 30, 2024 | 310.30% |
| Mar 31, 2024 | -204.04% |
| Dec 31, 2023 | 212,436,682.62% |
| Sep 30, 2023 | -63.66% |
| Jun 30, 2023 | 121.08% |
| Mar 31, 2023 | 254.82% |
| Dec 31, 2022 | 91.86% |
| Sep 30, 2022 | -11.99% |
| Jun 30, 2022 | 0.78% |
| Mar 31, 2022 | 87.87% |
| Dec 31, 2021 | 10.25% |
| Sep 30, 2021 | -189.83% |
API Access
Xp FCF Margin 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=fcf-margin&ticker=XP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=XP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();