Patria Investments Ltd - Class A PAX Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$11.70 down $0.11, 0.93% at close Oct 16
Last close · Previous close $11.81
- Market cap
- At the Oct 16 close
- P/E ratio
- 27.27On last 12 months’ EPS
- Diluted EPS
- $0.43Last 12 months
- Dividend yield
- 5.34%Last 12 months
Price chart
$11.70down $0.11, 0.93%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$11.81Oct 15
- Volume1.36MOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume1.16MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $9.89 to $17.80; now $11.70
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
PAX beat the S&P 500 in 2 of 6 periods.
| Period | PAX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | PAX: up 16.3% S&P 500: up 1.5% | PAX beat the S&P 500 by 14.8 percentage points Beat |
| 3M | PAX: up 6.9% S&P 500: up 1.9% | PAX beat the S&P 500 by 5.0 percentage points Beat |
| YTD | PAX: down 23.4% S&P 500: up 12.8% | PAX trailed the S&P 500 by 36.2 percentage points Trailed |
| 1Y | PAX: down 14.3% S&P 500: up 16.8% | PAX trailed the S&P 500 by 31.1 percentage points Trailed |
| Long term | ||
| 3Y | PAX: unchanged S&P 500: up 81.5% +0.0% vs +22.0% a year | PAX trailed the S&P 500 by 81.5 percentage points Trailed |
| 5Y | PAX: down 10.1% S&P 500: up 83.1% −2.1% vs +12.9% a year | PAX trailed the S&P 500 by 93.2 percentage points Trailed |
$10,000 invested in PAX 5 years ago (Oct 15, 2021) would be worth about $8,988 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $18,305.
PAX beat the S&P 500 in 2 of 6 periods.
| Period | PAX and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | PAX: up 16.3% S&P 500: up 1.2% | PAX beat the S&P 500 by 15.1 percentage points Beat |
| 3M | PAX: up 5.4% S&P 500: up 1.7% | PAX beat the S&P 500 by 3.7 percentage points Beat |
| YTD | PAX: down 26.4% S&P 500: up 11.9% | PAX trailed the S&P 500 by 38.3 percentage points Trailed |
| 1Y | PAX: down 18.4% S&P 500: up 15.5% | PAX trailed the S&P 500 by 33.9 percentage points Trailed |
| Long term | ||
| 3Y | PAX: down 15.1% S&P 500: up 75.0% −5.3% vs +20.5% a year | PAX trailed the S&P 500 by 90.1 percentage points Trailed |
| 5Y | PAX: down 31.4% S&P 500: up 71.2% −7.3% vs +11.4% a year | PAX trailed the S&P 500 by 102.6 percentage points Trailed |
$10,000 invested in PAX 5 years ago (Oct 15, 2021) would be worth about $6,858 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $17,118.
All-time high
$22.68
Closing high on . Now 48.4% below that record.
Split-adjusted daily closes since Jan 22, 2021.
Stock splits
PAX hasn’t split since its price history begins in 2021.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $428.00Mup 7.7%
- Net income
- $70.00Mdown 16.9%
- Diluted EPS
- $0.43down 20.8%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $78.06M | $466.00K | $0.00 |
| Q4 FY24 (Dec 31, 2024) | $157.24M | $55.25M | $0.36 |
| Q1 FY25 (Mar 31, 2025) | $79.57M | $15.66M | $0.10 |
| Q2 FY25 (Jun 30, 2025) | $82.52M | $12.85M | $0.08 |
| Q3 FY25 (Sep 30, 2025) | $86.46M | $22.57M | $0.14 |
| Q4 FY25 (Dec 31, 2025) | $133.18M | $34.57M | $0.21 |
| Q1 FY26 (Mar 31, 2026) | $97.07M | $2.17M | $0.01 |
| Q2 FY26 (Jun 30, 2026) | $111.29M | $10.69M | $0.07 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $235.52M | $122.48M | $0.90 |
| FY22 (Dec 31, 2022) | $258.88M | $92.96M | $0.63 |
| FY23 (Dec 31, 2023) | $327.62M | $118.40M | $0.80 |
| FY24 (Dec 31, 2024) | $374.20M | $71.88M | $0.47 |
| FY25 (Dec 31, 2025) | $381.73M | $85.65M | $0.53 |
Margins
- Gross 42.4%
- Operating 20.9%
- Net 16.4%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $166.21MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$177.34MLast 12 months
- Capital spending$11.14MLast 12 months
- 38.8%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- Not reportedLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$98.47MLast 12 months
Balance sheet
- $164.85MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$347.33MAs of Jun 30, 2026
- Net debt$182.49MAs of Jun 30, 2026
- 1.04As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.62As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 4 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✗Share count didn’t rise: not passed
- ✗Gross margin improved: not passed
- ✗Asset turnover (revenue ÷ assets) improved: not passed
- 12.1%Last 12 months
Over the last 12 months, Patria Investments’s net income was 12.1% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 4.4%Last 12 months
Over the last 12 months, Patria Investments’s net income was 4.4% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.000 |
| 2018 | $0.000 |
| 2019 | $0.000 |
| 2020 | $0.000 |
| 2021 | $0.71 |
| 2022 | $0.70 |
| 2023 | $0.98 |
| 2024 | $0.87 |
| 2025 | $0.60 |
| 2026 (to date) | $0.48 |
Dividend details
- $0.63Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield5.34%Last 12 months
- $0.16Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- 145.7%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Patria Investments Ltd - Class A
Patria Investments Ltd - Class A
- Sector
- Financial Services
- Industry
- Asset Management
- Headquarters
- Cayman Islands
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
PAX news
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PAX stock FAQ
What is PAX stock’s price today?
Patria Investments (PAX) traded at $11.70 at the close on , down $0.11 (0.93%) from the previous close of $11.81. Over the past 52 weeks it has traded between $9.89 and $17.80.
If you invested $1,000 in PAX 5 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in PAX on would be worth about $899 at the close on , a total return of −10.1%. The same $1,000 would be worth $857 if invested one year ago. Past performance doesn’t predict future returns.
What is PAX’s P/E ratio?
PAX trades at 27.3 times its diluted earnings over the four quarters to ($0.43 per share), at the close. (How the P/E ratio works.)
How much revenue does Patria Investments make?
Patria Investments reported $428.0 million of revenue over the four quarters to , up 7.7% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $111.3 million, up 34.9% from a year earlier.
Is Patria Investments profitable?
Yes. Patria Investments earned $70.0 million of net income over the four quarters to , a net margin of 16.4%, and its operating margin was 20.9% (what margins tell you).
What are PAX’s earnings per share?
PAX’s diluted earnings per share were $0.43 over the four quarters to , compared with $0.54 in the twelve months before. The latest quarter (Q2 FY26) brought $0.07 per share, against $0.08 a year earlier (how EPS works).
Does PAX pay a dividend?
Yes. Patria Investments pays a quarterly dividend. The most recent was $0.16 per share, with an ex-dividend date of . Over the last twelve months it paid $0.63 per share, a 5.34% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($0.63 per share), and if the next 12 months match the last 12, 100 shares would receive about $63 over 12 months, and $1,000 over 12 months would take about 1,600 shares, roughly $18,720 at the close. Dividends can change.
What is PAX’s 52-week high and low?
Over the past 52 weeks PAX has traded as low as $9.89 and as high as $17.80. At $11.70 at the close on , it is 34.3% below that high and 18.3% above the low.
What is PAX’s all-time high?
PAX’s highest closing price was $22.68 on , adjusted for stock splits. At $11.70 at the close on , it is 48.4% below that record.
Has PAX stock ever split?
No. PAX hasn’t split since its price history begins in 2021.
How has PAX stock performed?
Including dividends and measured to the close on , PAX has returned −23.4% so far this year and −14.3% over the past year, and −10.1% over five years (−2.1% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is Patria Investments in?
Patria Investments is in the Financial Services sector and the Asset Management industry, and is headquartered in Cayman Islands.
What exchange does PAX trade on?
Patria Investments trades on the Nasdaq under the ticker symbol PAX. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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