XP - XP Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$23.50
DETAILS
HIGH:
$25.00
LOW:
$22.00
MEDIAN:
$23.50
CONSENSUS:
$23.50
UPSIDE:
39.71%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 18,238.1 | 19,870.0 | 14,817.4 | 14,180.4 | 12,974.2 | 8,595.7 | 5,166.8 | 3,157.2 | 1,997.1 | 1,175.9 | 661.1 | 419.0 | 31.9 |
| Cost of Revenue | 5,952.0 | 6,416.6 | 4,825.5 | 4,436.4 | 4,046.7 | 2,955.3 | 1,734.8 | 1,110.4 | 657.5 | 395.2 | 0 | 0 | 0 |
| Gross Profit | 12,286.1 | 13,453.4 | 9,992.0 | 9,744.0 | 8,927.5 | 5,640.5 | 3,431.9 | 2,046.8 | 1,339.6 | 780.7 | 661.1 | 419.0 | 31.9 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.8 | 16.1 | 0 |
| Other Expenses | 6,372.5 | 6,857.9 | 5,446.7 | 5,695.4 | 4,773.6 | 3,049.4 | 1,825.2 | 1,240.3 | 654.8 | 426.5 | 0 | 0 | 0 |
| Operating Expenses | 6,372.5 | 6,857.9 | 5,446.7 | 5,695.4 | 4,773.6 | 3,049.4 | 1,825.2 | 1,240.3 | 654.8 | 426.5 | 476.0 | 16.1 | 0 |
| Operating Income | |||||||||||||
| Operating Income | 5,913.5 | 6,595.5 | 4,545.3 | 4,048.6 | 4,154.0 | 2,591.1 | 1,606.7 | 806.6 | 684.7 | 354.2 | 185.1 | 67.8 | 31.9 |
| Interest Expense | 613.1 | 894.2 | 607.6 | 416.7 | 141.1 | 53.1 | 81.9 | 76.7 | 63.3 | 0 | 0 | 0 | 0 |
| Interest Income | 10,226.9 | 11,051.2 | 8,212.1 | 7,688.5 | 6,119.8 | 3,160.1 | 1,486.2 | 958.8 | 645.5 | 526.0 | 7.4 | 2.3 | 0 |
| Profitability | |||||||||||||
| EBITDA | 6,252.8 | 6,918.0 | 4,729.5 | 4,198.2 | 4,347.1 | 2,638.2 | 1,668.2 | 812.3 | 687.9 | 371.6 | (52.5) | (17.2) | 31.9 |
| EBIT | 5,954.6 | 6,613.6 | 4,481.1 | 3,984.9 | 4,106.3 | 2,493.8 | 1,579.7 | 756.3 | 659.5 | 350.0 | 1,284.7 | 0 | 63.8 |
| Income Before Tax | 5,341.5 | 5,719.4 | 3,873.5 | 3,568.2 | 3,965.2 | 2,440.7 | 1,497.9 | 679.6 | 596.2 | 350.0 | 192.5 | 70.1 | 31.9 |
| Income Tax Expense | 273.8 | 540.4 | 36.4 | (140.4) | 231.5 | 342.6 | 441.0 | 186.0 | 157.4 | 121.8 | 56.9 | 27.1 | 0 |
| Net Income | 5,068.2 | 5,177.4 | 3,836.5 | 3,707.4 | 3,730.6 | 2,093.0 | 1,048.1 | 489.5 | 428.8 | 176.6 | 75.8 | 23.6 | 31.9 |
| Per Share Data | |||||||||||||
| EPS (Basic) | 9.80 | 8.23 | 7.16 | 6.44 | 6.42 | 3.76 | 2.11 | 0.84 | 0.75 | 0.44 | 0.31 | 0.10 | 0.13 |
| EPS (Diluted) | 9.72 | 8.23 | 7.16 | 6.25 | 6.26 | 3.71 | 2.11 | 0.84 | 0.75 | 0.44 | 0.31 | 0.10 | 0.13 |
| Shares Outstanding | 527.3 | 548.3 | 544.2 | 555.4 | 559.0 | 552.3 | 511.5 | 551.8 | 551.8 | 551.8 | 245.5 | 238.5 | 241.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 10,356.6 | 5,610.5 | 3,943.3 | 3,553.1 | 2,485.6 | 1,954.8 | 109.9 | 68.4 | 153.2 | 14.9 |
| Short-Term Investments | 0 | 69,298.4 | 50,467.1 | 37,749.7 | 33,738.0 | 20,090.6 | 3,121.1 | 1,594.1 | 671.8 | 0 |
| Net Receivables | 35,933.3 | 35,200.9 | 31,891.2 | 22,972.3 | 13,442.0 | 4,552.3 | 705.7 | 402.6 | 171.9 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | (0.0) | 46,593.7 | 32,194.5 | 7,603.8 | 8,894.5 | 6,627.4 | 9,490.1 | 6,570.6 | 935.0 | 0 |
| Total Current Assets | 46,284.7 | 158,062.0 | 119,514.7 | 76,119.0 | 62,543.0 | 34,618.7 | 13,516.5 | 8,732.4 | 1,997.3 | 14.9 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 804.1 | 763.1 | 655.2 | 569.4 | 598.5 | 387.2 | 369.9 | 99.1 | 47.1 | 28.7 |
| Goodwill | 1,921.3 | 1,921.3 | 1,833.4 | 595.2 | 542.7 | 474.4 | 382.5 | 382.5 | 372.7 | 91.0 |
| Intangible Assets | 841.9 | 713.1 | 668.6 | 249.0 | 278.2 | 239.2 | 171.0 | 122.4 | 110.5 | 32.3 |
| Long-Term Investments | 318,901.9 | 157,654.0 | 113,983.2 | 102,574.0 | 62,893.6 | 52,188.6 | 24,730.2 | 6,506.7 | 3,807.5 | 0 |
| Other Non-Current Assets | 27,575.3 | 25,455.2 | 10,281.4 | 10,316.1 | 11,211.3 | 7,616.1 | 4,168.1 | 1,728.7 | 574.6 | 4,072.8 |
| Total Non-Current Assets | 350,044.6 | 189,394.7 | 129,526.0 | 115,915.6 | 76,797.4 | 61,410.5 | 30,106.2 | 8,991.9 | 5,138.8 | 4,224.8 |
| Total Assets | 396,528.4 | 347,456.8 | 249,040.7 | 192,034.6 | 139,340.4 | 96,029.2 | 43,622.8 | 17,724.3 | 7,136.1 | 4,239.7 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 763.5 | 948.2 | 617.4 | 867.5 | 859.5 | 266.8 | 134.6 | 71.6 | 0 |
| Short-Term Debt | 81,935.7 | 81,840.9 | 40,833.7 | 33,656.0 | 27,942.4 | 31,857.0 | 15,754.9 | 6,755.2 | 644.4 | 0 |
| Deferred Revenue | 0 | 1,012.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | (1,675.5) | 68,330.1 | 63,969.4 | 27,077.0 | 21,458.2 | 21,547.4 | 9,114.5 | 5,313.6 | 3,119.8 | 0 |
| Total Current Liabilities | 81,935.7 | 196,140.4 | 124,096.0 | 105,399.4 | 75,246.9 | 60,251.6 | 25,481.5 | 12,306.5 | 3,896.6 | 133.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 3,116.3 | 33,292.9 | 27,725.4 | 1,865.9 | 267.7 | 266.4 | 1,356.3 | 761.7 | 736.7 | 0 |
| Deferred Tax Liabilities | 489.2 | 265.3 | 86.4 | 111.0 | 28.9 | 8.4 | 5.1 | 12.0 | 6.8 | 0 |
| Other Non-Current Liabilities | 286,687.8 | 97,710.9 | 77,682.1 | 67,616.1 | 49,377.2 | 24,605.2 | 9,623.9 | 2,552.3 | 1,344.3 | 0 |
| Total Non-Current Liabilities | 290,791.2 | 131,269.1 | 105,493.8 | 69,593.0 | 49,673.9 | 24,880.0 | 10,985.3 | 3,326.0 | 2,087.8 | 0 |
| Total Liabilities | 372,980.6 | 327,409.5 | 229,589.8 | 174,992.4 | 124,920.8 | 85,131.5 | 36,466.8 | 15,632.6 | 5,984.4 | 133.9 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 254.6 | 254.6 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51.4 |
| Accumulated Other Comprehensive Income | 3,976.4 | 14,614.2 | 13,149.3 | 12,036.0 | 14,588.8 | 4,073.4 | 1,743.5 | 2,084.8 | 685.7 | 739.2 |
| Total Stockholders' Equity | 23,546.7 | 20,043.6 | 19,449.4 | 17,035.7 | 14,416.8 | 10,894.6 | 7,153.4 | 2,084.8 | 1,143.8 | 1,045.2 |
| Total Liabilities & Equity | 396,528.4 | 347,456.8 | 249,040.7 | 192,034.6 | 139,340.4 | 96,029.2 | 43,622.8 | 17,724.3 | 7,136.1 | 1,228.7 |
| Debt Metrics | ||||||||||
| Total Debt | 85,300.9 | 115,133.8 | 68,559.2 | 35,521.9 | 28,210.1 | 32,123.4 | 17,111.1 | 7,516.8 | 1,381.0 | 0 |
| Net Debt | 74,944.3 | 109,523.3 | 64,615.9 | 31,968.7 | 25,724.5 | 30,168.6 | 17,001.2 | 7,448.4 | 1,227.8 | (14.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 5,169.8 | 4,986.0 | 3,936.3 | 3,444.7 | 3,815.2 | 2,421.4 | 1,544.1 | 640.7 | 575.5 | 373.9 |
| Depreciation & Amortization | 304.1 | 265.3 | 252.4 | 205.9 | 231.7 | 143.3 | 90.7 | 52.8 | 27.4 | 23.1 |
| Stock-Based Compensation | 391.7 | 417.3 | 365.7 | 584.8 | 561.5 | 232.8 | 5.4 | 0 | 0 | 0 |
| Change in Working Capital | 6,823.9 | 4,183.3 | 3,594.4 | (2,166.1) | (8,527.8) | (883.2) | (5,129.6) | (964.2) | (170.7) | (331.3) |
| Other Non-Cash Items | (644.7) | 1,327.1 | (21.5) | (265.3) | (100.9) | (403.5) | (324.6) | (186.0) | (169.8) | (60.9) |
| Operating Cash Flow | 12,044.8 | 11,179.0 | 8,127.3 | 1,803.9 | (4,020.3) | 1,510.7 | (3,814.0) | (456.7) | 262.4 | 4.8 |
| Investing Activities | ||||||||||
| Capital Expenditure | (209.3) | (330.2) | (196.2) | (127.0) | (353.0) | (291.5) | (72.5) | (136.7) | (51.0) | (31.6) |
| Acquisitions | 0 | (1,393.9) | 705.4 | (244.3) | (797.7) | (290.5) | 0 | (10.4) | (404.6) | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 29.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (506.7) | (128.6) | (130.2) | (82.4) | (217.6) | (146.4) | (88.9) | (53.5) | (20.6) | (19.2) |
| Investing Cash Flow | (716.0) | (1,667.3) | 538.8 | (371.3) | (1,150.7) | (582.0) | (161.4) | (147.1) | (455.6) | (31.6) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (2,531.3) | (2,392.6) | 69.3 | 1,612.8 | 5,507.7 | (617.6) | 264.9 | 35.7 | 826 | 0 |
| Stock Repurchased | (1,900.7) | (1,353.6) | (915.9) | (1,814.8) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (494.5) | (2,037.1) | (3,542.3) | 0 | 0 | 0 | (500) | (325) | (190.0) | (174.4) |
| Other Financing Activities | (0.8) | (1.0) | (6.0) | 1.7 | (3.3) | (5.0) | (13.0) | (3.9) | (51.5) | 256.4 |
| Financing Cash Flow | (4,927.3) | (5,784.3) | (4,394.8) | (200.3) | 6,639.3 | 788.7 | 4,233.9 | 380.1 | 584.5 | 82.1 |
| Cash Position | ||||||||||
| Net Change in Cash | 6,310.9 | 3,699.1 | 4,243.0 | 1,215.6 | 1,091.5 | 1,772.6 | 260.9 | (208.6) | 395.4 | 48.1 |
| Cash at Beginning | 12,909.6 | 9,210.5 | 4,967.5 | 3,751.9 | 2,660.4 | 887.8 | 626.9 | 835.5 | 440.1 | 392.1 |
| Cash at End | 19,220.5 | 12,909.6 | 9,210.5 | 4,967.5 | 3,751.9 | 2,660.4 | 887.8 | 626.9 | 835.5 | 440.1 |
| Free Cash Flow | 11,835.5 | 10,848.8 | 7,931.1 | 1,676.9 | (4,373.3) | 1,219.2 | (3,975.4) | (593.4) | 211.4 | (26.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 18,238.1 | 19,870.0 | 14,817.4 | 14,180.4 | 12,974.2 | 8,595.7 | 5,166.8 | 3,157.2 | 1,997.1 | 1,175.9 | 661.1 | 419.0 | 31.9 |
| Gross Profit | 12,286.1 | 13,453.4 | 9,992.0 | 9,744.0 | 8,927.5 | 5,640.5 | 3,431.9 | 2,046.8 | 1,339.6 | 780.7 | 661.1 | 419.0 | 31.9 |
| Operating Income | 5,913.5 | 6,595.5 | 4,545.3 | 4,048.6 | 4,154.0 | 2,591.1 | 1,606.7 | 806.6 | 684.7 | 354.2 | 185.1 | 67.8 | 31.9 |
| Net Income | 5,068.2 | 5,177.4 | 3,836.5 | 3,707.4 | 3,730.6 | 2,093.0 | 1,048.1 | 489.5 | 428.8 | 176.6 | 75.8 | 23.6 | 31.9 |
| EPS (Diluted) | 9.72 | 8.23 | 7.16 | 6.25 | 6.26 | 3.71 | 2.11 | 0.84 | 0.75 | 0.44 | 0.31 | 0.10 | 0.13 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 10,356.6 | 5,610.5 | 3,943.3 | 3,553.1 | 2,485.6 | 1,954.8 | 109.9 | 68.4 | 153.2 | 14.9 | |||
| Total Assets | 396,528.4 | 347,456.8 | 249,040.7 | 192,034.6 | 139,340.4 | 96,029.2 | 43,622.8 | 17,724.3 | 7,136.1 | 4,239.7 | |||
| Total Debt | 85,300.9 | 115,133.8 | 68,559.2 | 35,521.9 | 28,210.1 | 32,123.4 | 17,111.1 | 7,516.8 | 1,381.0 | 0 | |||
| Stockholders' Equity | 23,546.7 | 20,043.6 | 19,449.4 | 17,035.7 | 14,416.8 | 10,894.6 | 7,153.4 | 2,084.8 | 1,143.8 | 1,045.2 | |||
| Cash Flow | |||||||||||||
| Operating Cash Flow | 12,044.8 | 11,179.0 | 8,127.3 | 1,803.9 | (4,020.3) | 1,510.7 | (3,814.0) | (456.7) | 262.4 | 4.8 | |||
| Capital Expenditure | (209.3) | (330.2) | (196.2) | (127.0) | (353.0) | (291.5) | (72.5) | (136.7) | (51.0) | (31.6) | |||
| Free Cash Flow | 11,835.5 | 10,848.8 | 7,931.1 | 1,676.9 | (4,373.3) | 1,219.2 | (3,975.4) | (593.4) | 211.4 | (26.9) | |||