Xp (XP) Return on Capital Employed [ROCE] (2020 - 2025)
Xp (XP) recorded Return on Capital Employed [ROCE] of 36.28% in Q4 2025, down 120.52 percentage points from 156.79% a year earlier and down 360.99 percentage points from the prior quarter.
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Analysis
Xp (XP) Return on Capital Employed [ROCE] (2020 - 2025) Analysis & Trends
For FY2025, Xp reported Return on Capital Employed [ROCE] of 127.53%.
- The Q4 2025 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q3 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in five of the last seven quarters, with an average year-over-year change of +123.17 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 367.58 percentage points in Q2 2025, against a drop of 126.48 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 397.26% (Q3 2025), 407.34% (Q2 2025) and 88.96% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | 48.09% |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 11.13% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 9.74% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 11.33% |
| 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 | 24.89% |
| 10 | Xp | 11.18 Bn | -146.56 Bn | 105.39 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 36.28% |
| Sep 30, 2025 | 397.26% |
| Jun 30, 2025 | 407.34% |
| Mar 31, 2025 | 88.96% |
| Dec 31, 2024 | 156.79% |
| Sep 30, 2024 | 48.13% |
| Jun 30, 2024 | 39.76% |
| Mar 31, 2024 | 120.22% |
| Dec 31, 2023 | 45.14% |
| Sep 30, 2023 | -6.67% |
| Mar 31, 2023 | -10.56% |
| Dec 31, 2022 | 5.90% |
| Sep 30, 2022 | 27.60% |
| Jun 30, 2022 | 50.19% |
| Dec 31, 2021 | 20.62% |
| Sep 30, 2021 | 154.08% |
| Jun 30, 2021 | 47.50% |
| Dec 31, 2020 | 101.03% |
| Jun 30, 2020 | 74.31% |
| Mar 31, 2020 | 337.77% |
API Access
Xp Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=XP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=XP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();