Patria Investments Limited

Patria Investments Limited

28.34
BRL
+0.56
(+2.02%)
1.21EPS
26.68P/E
10.19BMarket Cap
Nov 03Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.37
0.44
0.41
0.82
0.83
1.04
1.15
1.13
1.19
Basic EPS, GAAP
0.15
0.21
0.22
0.43
0.3
0.38
0.22
0.25
0.22
Free Cash Flow per Basic Share
0.13
0.16
0.18
0.37
0.24
0.45
0.42
0.75
0.55
Dividend per Share
0.13
0.17
0.23
0.42
0.33
0.46
0.41
0.28
0.29
Book Value per Share
0.25
0.29
0.2
1.81
1.77
1.73
1.48
1.81
1.63
Tangible Book Value per Share
0.14
0.2
0.12
0.66
0.45
0.18
-0.68
-0.63
-1.32
Basic Weighted Avg Shares
283
283
283
288
312
314
324
338
334
Sales/Revenue/Turnover
106
123
115
236
259
328
374
382
399
Operating Margin (%)
44.04
52.5
58.43
58.27
50.38
50.01
44.33
37.46
36.48
Depreciation Expense
7
8
8
9
21
27
36
46
46
Net Income, GAAP
44
59
62
122
93
118
72
86
72
Effective Tax Rate (%)
4.29
5.45
4.83
0.31
8.15
- -
11.98
1.86
9.55
Profit Margin (%)
41.33
47.41
54.09
52
35.91
36.14
19.21
22.44
18.07
Working Capital
37
38
10
196
142
4
-25
-10
-310
LT Debt
- -
2
1
7
14
13
168
194
17
Total Equity
78
89
59
564
513
521
491
633
624
Return on Invested Capital (%)
- -
66.37
81.8
41.75
17.74
- -
14.34
11.35
9.05
Return on Capital (%)
- -
67.28
83.15
39.44
16.97
- -
12.22
12.26
9.71
Return on Common Equity (%)
- -
76.63
89.85
39.41
16.64
21.62
14.04
15.68
13.09

Capital Structure

USD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
46
4
261
LT Borrowings
105
175
- -
LT Finance Leases
20
19
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
334
337
342
Market Capitalization
2,304
2,733
1,968

Working Capital

USD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
245
405
496
Cash, Cash Equivalents & STI
52
89
87
Accounts Receivable, Net
89
119
217
Inventories
- -
- -
- -
Total Current Liabilities
357
415
806
Payables & Accruals
206
242
361
ST Debt
46
4
261
Deferred Revenue
30
- -
37

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
174.19%
29.02%
Free Cash Flow
- -
49.05%
84.01%
Net Income, GAAP
- -
16.01%
19.17%
Sales/Revenue/Turnover
- -
31.49%
2.01%
Total Cash Common Dividend
- -
15.12%
-28.13%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
64
75
78
157
374
2025
80
83
86
133
382
2026
97
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
- -
0.17
0.22
2025
0.05
0.04
0.07
0.11
0.25
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.08
0.07
0.07
0.41
2025
0.07
0.07
0.07
0.08
0.28
2026
0.07
- -
- -
- -
- -

Company Description

CEO
Alexandre Saigh
Full Time Employees
548
Sector
Finance
Industry
Investment managers
Address
One Harbor Driver George Town CA Cayman Islands KY1-9006
IPO Date
Jan 22, 2021
Website
patria.com
Business
Patria Investments Limited operates as a Cayman Islands-based global alternative investment management firm primarily focused on Latin America. The company offers a diversified range of investment products and services including private equity funds; infrastructure development funds; credit solutions encompassing secured lending and distressed debt; real estate investment; public equities; and a global private markets solutions vertical. Its investment portfolio spans resilient sectors such as agribusiness, healthcare, education, food and beverages, diversified agribusiness, transportation, energy, logistics, and digital and tech services, targeting institutional investors, pension funds, sovereign wealth funds, and family offices. Patria seeks to provide portfolio diversification and consistent returns through active investment management and operational improvements. The firm was founded over 35 years ago, with headquarters in the Cayman Islands, and maintains significant operations across Brazil, Colombia, Chile, Uruguay, and other Latin American countries, as well as select presence in the United States and United Kingdom. Recent major developments include the acquisition and integration of Aberdeen’s private equity solutions business, expanding its offerings to form a new vertical called Global Private Market Solutions (GPMS) with fee-earning assets under management exceeding $10 billion. Patria also completed the acquisition of Credit Suisse's real estate fund management business in Brazil, enhancing its infrastructure and real estate platforms. The firm has raised substantial capital for new funds, including a BRL5 billion infrastructure fund supported by development banks and pension funds, and launched a new LatAm-focused private credit fund. In 2024, it launched an energy trading company, Tria, to complement its investments in energy infrastructure. Patria is focused on organic growth as well as strategic partnerships, notably its recent partnership with Bancolombia to expand its real estate investment trust market footprint in Colombia. The company projects significant growth in fee-related earnings, with targeted 2024 and 2025 earnings well above previous years, driven by diversified product offerings and geographic expansion across Latin America. Patria Investments Limited remains a leading alternative asset manager in Latin America, distinguished by its multi-asset product platform, regional expertise, and active asset management approach designed to maximize investor returns while fostering sustainable development across key sectors and markets.

Company News

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  • Patria Investments Limited (PAX) Q2 2026 Earnings Call Transcript

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  • Patria Reports Second Quarter 2026 Earnings Results

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  • Patria Investments successfully raises over USD 670m for its Secondary Opportunities Fund V

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