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NASDAQ · Capital Markets · USD

XP Inc. (XP) Stock Analysis

XP Inc. (XP) is a Capital Markets stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

XP

$30.42

−$0.92 (−2.94%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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XP Key Statistics

As of Oct 21, 2026
Trading
Open
$31.34
Previous Close
$31.34
Day's Range
30.29–31.43
52-Week Range
14.80–32.73
Volume
11.83M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.03
Valuation
Market Cap
$15.44B
P/E Ratio
15.93
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.11
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
0.83
EPS (ttm)Profit attributable to each share over the last twelve months.
1.91
Financials (FY)
Revenue (FY)
$7.97B+7.30%
Net Income (FY)
$5.17B+14.54%
Profit marginThe share of revenue left as profit after all costs and taxes.
28.54%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
405.69M
1-Year Return
+82.87%
Dividend and dates
Dividend
$0.20+0.64%
Ex-Dividend Date
June 10, 2026
Earnings Date
November 16, 2026
Avg Volume
7.71M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, XP closed at $30.42, +82.87% over 1 year.

XP Inc. (XP) has a market capitalization of $15.44B.

In fiscal 2025, XP reported revenue of $7.97B.

XP Stock Return by Calendar Year

XP Inc. (XP) return since Dec 2019: what $10,000 became

1 year
$10,000 $18,287
+82.87%
5 years
$10,000 $10,159
+1.59%
Since Dec 2019
$10,000 $10,032
+0.32%

If you had invested $10,000 in XP Inc. (XP) at the close on December 11, 2019, the earliest close on record here, it would have been worth $10,032 at the close on October 21, 2026: +0.32% in total, +0.05% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+88.23%
2025+39.53%
2024−52.23%
2023+79.63%
2022−46.63%
2021−27.55%
2020+2.99%
2019 (partial year)+11.78%

As of October 21, 2026.

XP Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$7.97B$5.17B64.9%
2024$7.42B$4.51B60.8%
2023$6.53B$3.90B59.7%
2022$5.94B$3.58B60.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$7.97B$1.95B−$4.52B$5.17B64.9%
2024$7.42B$1.82B−$3.92B$4.51B60.8%
2023$6.53B$1.56B−$3.86B$3.90B59.7%
2022$5.94B$1.05B−$3.56B$3.58B60.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

XP Dividend History

$0.18−72.3% vs 2024

Dividends per share, 2025 · 1 payments

YearDividends per sharePaymentsChange
2026*$0.201—
2025$0.181−72.3%
2024$0.651−50.4%
2023$1.312—

Most recent payment: $0.20 per share, ex-dividend June 10, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

XP Valuation vs Capital Markets Median

Median of 100 stocks
MetricXPCapital Markets medianvs median
P/E15.9315.662% above
P/S ratio0.832.2764% below
Profit margin28.54%3.34%25.2 pts above

Medians across 100 Capital Markets stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

XP Inc. (XP) carries a market capitalisation of $15.44B. The company sits in the Financial Services sector, in the Capital Markets industry.

The most recent close on file for XP is $30.42, dated October 21, 2026. That is −$0.92 (−2.94%) against the previous close. The 52-week range on file runs from $14.80 to $32.73. The latest close sits 105.54% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $7.97B. Against the prior fiscal year total of $7.42B, that is a change of +7.30%. Net income for the same year was $5.17B. That is +14.54% against the prior fiscal year. Profit margin runs at 28.54%. That is 25.2 percentage points above the Capital Markets median of 3.34%. Earnings per share on a trailing basis come to 1.91.

Across the 4 fiscal years on file, revenue moves from $5.94B in 2022 to $7.97B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 15.93. That is 1.72% above the Capital Markets median of 15.66. The forward P/E on file is 12.11. Measured against sales, the shares trade at 0.83 times revenue. On price-to-sales that is 63.53% below the Capital Markets median of 2.27. 100 Capital Markets companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is +82.87%. Across 5 years the annualized return works out at +0.32%. The reported beta is 1.03. Daily returns over the trailing 6 years annualize to a volatility of 50.69%.

Growth & Income

The trailing dividend yield is 0.64%. That is 1.3 percentage points below the Capital Markets median yield of 1.97%. At the indicated rate that is $0.20 a share a year. The ex-dividend date on file is June 10, 2026. Dividends are recorded for 4 calendar years; 2026 shows 1 payments totalling $0.20 a share. The year before, 2025, totalled $0.18 a share.

So far in 2026 the total return is +88.23%. Across the complete calendar years on file, 2023 returned +79.63% and 2024 returned −52.23%. Of the 6 complete calendar years on file, 3 finished higher.

Peer Comparison

XP Inc. (XP) operates in the Capital Markets industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
XP Inc. XP $15.44B 15.9
Morgan Stanley MS $293.71B 14.8
The Goldman Sachs Group, Inc. GS $263.43B 13.0
The Charles Schwab Corporation SCHW $158.48B 15.7

The Capital Markets industry average P/E ratio is 15.7x. XP Inc. trades at a P/E of 15.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About XP Inc.

XP Inc. engages in the provision of financial products and services in Brazil. It operates XP Platform, an open product platform that provides clients to access investment products in the market comprising brokerage securities, fixed income securities, mutual, hedge, and private equity funds; derivatives and synthetic instruments; credit cards; loan operations/collateralized credit products; pension and social security funds, and life and travel insurance products; and other investment products comprising real estate funds, and equity and debt capital markets solutions, as well as wealth management services. The company offers brokerage and issuer services to institutional and corporate clients. It also manages mutual funds focused on stocks and macro strategies distributed to retail and to institutional clients; funds and managed portfolios for high-net-worth retail clients, and proprietary treasury funds; and passive mutual funds that track market indexes, and mutual and investment funds focused on fixed income, credit, real estate, infrastructure, and other alternative strategies. In addition, the company offers securities brokerage services for institutional and retail investors; interdealer brokerage services for institutional traders; and commercial and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits, as well as develops and sells financial education courses and events online and in person to retail clients. It offers its sell products and services through its omni-channel distribution network and online portals. XP Inc. was founded in 2001 and is based in George Town, the Cayman Islands.

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