XP Inc. XP
NASDAQ XP
$14.94 +0.16 (+1.12%)
As of: Nov 6, 2026 · 1:16 PM EST

Xp (XP) Price to Earnings (2019 - 2026)

Updated

Xp's Price to Earnings was 8.39 in Q2 2026, down 33.7% from 12.66 a year earlier and down 18.2% from the prior quarter.

Analysis

Xp (XP) Price to Earnings (2019 - 2026) Analysis & Trends

For FY2025, Price to Earnings at Xp came in at 8.62, up 14.2% from FY2024.

  • In earlier years, Price to Earnings was 7.54 in FY2024 (-58.5%), 18.19 in FY2023 (+43.9%), 12.64 in FY2022 (-82.5%) and 72.28 in FY2021 (-90.7%).
  • The Q2 2026 figure marks the lowest quarterly Price to Earnings since Q4 2024.
  • Compared with a year earlier, Price to Earnings was higher in two of the last eight quarters, with an average decline of 22.8%.
  • The best year-over-year quarter for Price to Earnings over five years was Q1 2024 (growth of 131.2%); the worst was Q2 2022 (a decline of 93.3%).
  • Per Business Quant data, XP's Price to Earnings in the three quarters before Q2 2026 was 10.25 (Q1 2026), 9.19 (Q4 2025) and 11.38 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cme 109.79 Bn 98.13 Bn -
2 Bank of New York Mellon 101.04 Bn 34.66 Bn -
3 Intercontinental Exchange 97.03 Bn 89.92 Bn -
4 Robinhood Markets 71.09 Bn 50.62 Bn -
5 Nasdaq 59.79 Bn 57.22 Bn 1.48 Bn
6 State Street 45.86 Bn 45.86 Bn -
7 Cboe Global Markets 37.16 Bn 27.65 Bn 712.20 Mn
8 Interactive Brokers 34.25 Bn 10.56 Bn -
9 Northern Trust 31.64 Bn 31.64 Bn -
10 Xp 7.89 Bn -13.94 Bn 662.48 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.41
Mar 31, 2026 10.25
Dec 31, 2025 9.19
Sep 30, 2025 11.31
Jun 30, 2025 12.58
Mar 31, 2025 8.75
Dec 31, 2024 7.57
Sep 30, 2024 11.63
Jun 30, 2024 11.29
Mar 31, 2024 16.82
Dec 31, 2023 18.19
Sep 30, 2023 17.79
Jun 30, 2023 18.78
Mar 31, 2023 9.65
Dec 31, 2022 12.37
Sep 30, 2022 14.70
Jun 30, 2022 14.23
Mar 31, 2022 24.23
Dec 31, 2021 24.14
Sep 30, 2021 170.65
API Access

Xp Price to Earnings 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=price-to-earnings&ticker=XP&period=max&api_key=YOUR_API_KEY