Patria Investments Ltd (PAX)

Official site

FINANCIAL SERVICES • ASSET MANAGEMENT • NASDAQ

$11.50

-0.14 (-1.16%)

Market Cap: $1.89B

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

50%(12/24)

Avg Surprise

+12.22%

Streak

1 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.29

Range$0.26 - $0.30

3 analysts

EPS RevisionsNo revisions (7d)No revisions (30d)

EPS Estimate DriftChange to current

90d ago$0.31-5.9%

60d ago$0.30-5.8%

30d ago$0.30-5.8%

7d ago$0.30-5.5%

Current$0.29

Revenue Consensus

$104M

Range$102M - $105M

2 analysts

Period ending Dec 31, 2026

EPS Consensus$0.49

Range$0.45 - $0.53

5 analysts

Revenue Consensus

$138M

Range$96M - $167M

6 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.49	$0.45 - $0.53	-	-	5	-	-
Sep 30, 2026Sep 26EST	-	$0.29	$0.26 - $0.30	-	-	3	No revisions (30d)	-
Jun 30, 2026Jun 26 Reported Jul 31, 2026Reported Jul 31	$0.32	$0.29	$0.27 - $0.29	+10.34%	Beat	4	0 3 30d	+33.3%
Mar 31, 2026Mar 26 Reported May 7, 2026Reported May 7	$0.27	$0.28	$0.28 - $0.30	-3.57%	Miss	4	0 3 30d	+17.4%
Dec 31, 2025Dec 25 Reported Feb 3, 2026Reported Feb 3	$0.50	$0.45	$0.43 - $0.48	+11.11%	Beat	4	0 2 30d	-13.8%
Sep 30, 2025Sep 25 Reported Nov 4, 2025Reported Nov 4	$0.30	$0.26	$0.25 - $0.26	+15.38%	Beat	3	0 1 30d	+30.4%
Jun 30, 2025Jun 25 Reported Aug 1, 2025Reported Aug 1	$0.24	$0.28	$0.24 - $0.34	-14.29%	Miss	3	0 2 30d	+9.1%
Mar 31, 2025Mar 25 Reported May 2, 2025Reported May 2	$0.23	$0.25	$0.23 - $0.27	-8.00%	Miss	3	0 2 30d	+9.5%
Dec 31, 2024Dec 24 Reported Feb 12, 2025Reported Feb 12	$0.58	$0.35	$0.31 - $0.39	+65.71%	Beat	3	0 1 30d	+23.4%
Sep 30, 2024Sep 24 Reported Nov 5, 2024Reported Nov 5	$0.23	$0.24	$0.24 - $0.25	-4.17%	Miss	3	No revisions (30d)	+76.9%
Jun 30, 2024Jun 24 Reported Aug 1, 2024Reported Aug 1	$0.22	$0.22	$0.22 - $0.23	+0.00%	Beat	3	No revisions (30d)	-26.7%
Mar 31, 2024Mar 24 Reported May 2, 2024Reported May 2	$0.21	$0.30	$0.27 - $0.34	-30.00%	Miss	2	1 1 30d	-22.2%
Dec 31, 2023Dec 23 Reported Feb 15, 2024Reported Feb 15	$0.47	$0.37	$0.34 - $0.41	+27.03%	Beat	3	No revisions (30d)	+30.6%
Sep 30, 2023Sep 23 Reported Nov 7, 2023Reported Nov 7	$0.13	N/A	-	-59.38%	Miss	2	1 0 30d	+18.2%
Jun 30, 2023Jun 23 Reported Aug 3, 2023Reported Aug 3	$0.30	$0.31	$0.24 - $0.31	-3.23%	Miss	3	No revisions (30d)	+50.0%
Mar 31, 2023Mar 23 Reported May 4, 2023Reported May 4	$0.27	$0.30	$0.19 - $0.30	-10.00%	Miss	3	1 1 30d	+58.8%
Dec 31, 2022Dec 22 Reported Feb 14, 2023Reported Feb 14	$0.36	$0.33	$0.30 - $0.38	+9.09%	Beat	3	0 1 30d	+89.5%
Sep 30, 2022Sep 22 Reported Nov 3, 2022Reported Nov 3	$0.11	$0.20	$0.20 - $0.22	-45.00%	Miss	3	No revisions (30d)	-31.3%
Jun 30, 2022Jun 22 Reported Aug 9, 2022Reported Aug 9	$0.20	$0.21	$0.20 - $0.21	-4.76%	Miss	3	No revisions (30d)	-63.0%
Mar 31, 2022Mar 22 Reported May 10, 2022Reported May 10	$0.17	$0.18	$0.15 - $0.21	-5.56%	Miss	3	0 1 30d	+41.7%
Dec 31, 2021Dec 21 Reported Feb 15, 2022Reported Feb 15	$0.19	$0.19	$0.17 - $0.21	+0.00%	Beat	2	No revisions (30d)	+26.7%
Sep 30, 2021Sep 21 Reported Nov 18, 2021Reported Nov 18	$0.16	$0.14	$0.13 - $0.17	+14.29%	Beat	3	No revisions (30d)	+17.3%
Jun 30, 2021Jun 21 Reported Aug 19, 2021Reported Aug 19	$0.54	$0.13	$0.13 - $0.13	+315.38%	Beat	2	1 0 30d	+237.3%
Mar 31, 2021Mar 21 Reported May 20, 2021Reported May 20	$0.12	$0.12	$0.11 - $0.16	+0.00%	Beat	5	No revisions (30d)	-
Dec 31, 2020Dec 20 Reported Jan 25, 2021Reported Jan 25	$0.15	$0.13	$0.12 - $0.15	+15.38%	Beat	4	No revisions (30d)	-
Sep 30, 2020Sep 20 Reported Dec 2, 2020Reported Dec 2	$0.14	$0.14	-	-2.57%	Miss	-	-	-
Sep 30, 2019Sep 19 Reported Dec 31, 2019Reported Dec 31	$0.16	$0.00	-	N/A	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield5.65%

Forward Annual Dividend$0.65

Payout Ratio72.83%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR-5.10%

PAX dividend history and ex-dividend dates Run PAX in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	8.27	EV/EBITDA	N/A
Price/FCF	15.21x	FCF Yield	6.57%
Profitability
Profit Margin	16.40%	Operating Margin	28.60%
ROE	12.90%	ROIC	N/A
Financial Health
Debt/Equity	N/A	Interest Coverage	3.48x
Current Ratio	42.53x	Quick Ratio	42.53x
Trading Statistics
Beta	0.78	Avg Volume	1.13M
52-Week High	$17.11	52-Week Low	$9.89

Technical Indicators Dashboard

Moving Averages

SMA 10$11.17

SMA 20$10.68

SMA 50$10.98

SMA 200$12.09

EMA 10$11.24

EMA 20$10.99

EMA 50$10.93

EMA 200$11.68

MACD

Line: 0.23Signal: 0.06Hist: 0.17

ADX

ADX: 27.5+DI: 33.1-DI: 22.1

Aroon & PSAR

Aroon Up96.0

Aroon Down56.0

PSAR$10.73

Bollinger Bands

Upper Band$11.99

Lower Band$9.37

%B Position2455%(Upper)

Band Width0.81

RSI (14-Day)

Neutral

61.8

Momentum Oscillators

Stoch %K88.9

Stoch %D93.4

Williams %R-19.7

ROC (10d)13.3%

Momentum1.35

CCI (20d)93.3

MFI (14d)61.2

Volatility Measures

ATR (14d)$0.33(2.9%)

StdDev (20d)0.66

Hist Vol39.7%(Moderate)

Volume Flow

VWAP$11.45

OBV2.0K

AD Line-544.3M

CMF (20d)0.305

Volume Metrics

Avg Vol (20d)1.1M

Vol Ratio1.0x

VWMA (20d)$10.77

Pivot Points

R3$12.10

R2$12.00

R1$11.82

Pivot Point$11.71

S1$11.53

S2$11.43

S3$11.25

Advanced Oscillators

TSI18.48

Ultimate Osc65.9

KST16.04

Financial Data

Quarter	Sep 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023
Total Revenue	$111.29M	$115.90M	$98.20M	$134.40M	$86.46M	$82.52M	$79.57M	$157.30M	$78.06M	$75.00M	$63.80M	$112.07M
Cost of Revenue	$1.40M	$1.40M	$20.00M	$12.10M	$14.84M	$14.59M	$14.20M	$56.90M	$14.15M	$12.05M	$18.40M	$50.00M
Gross Profit	$111.29M	$114.50M	$78.20M	$122.30M	$71.62M	$67.93M	$65.37M	$100.40M	$63.90M	$62.94M	$45.40M	$62.07M

Operating Expenses	$90.24M	$84.80M	$52.60M	$73.00M	$41.14M	$37.79M	$35.96M	$14.10M	$36.01M	$34.86M	$15.30M	$12.89M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$71.63M	$0	$7.50M	$7.50M	$27.45M	$25.73M	$23.52M	$14.10M	$25.75M	$26.02M	$9.20M	$39.48M
Operating Income	$21.05M	$29.70M	$25.60M	$49.30M	$30.48M	$30.15M	$29.42M	$86.30M	$27.89M	$28.09M	$30.10M	$49.17M

Interest Income	$0	$0	$0	$0	$3.09M	$0	$0	$0	$0	$0	$0	$0
Interest Expense	$6.56M	$13.00M	$16.40M	$3.05M	$5.06M	$3.99M	$6.98M	$3.58M	$3.79M	$3.26M	$329,000	$278,000
Income Before Tax	$16.88M	$16.80M	$9.20M	$38.10M	$24.56M	$14.95M	$14.60M	$59.00M	$10.16M	$3.16M	$20.00M	$50.90M
Income Tax Expense	$2.27M	$2.30M	$4.60M	$2.50M	$355,000	$829,000	$-1,954,000	$2.00M	$8.28M	$629,000	$4.20M	$2.30M

Net Income	$10.69M	$10.50M	$2.30M	$34.50M	$22.50M	$12.85M	$15.66M	$56.80M	$466,000	$706,000	$15.40M	$46.99M

EBITDA	$38.44M	$29.80M	$36.73M	$49.30M	$41.93M	$29.75M	$32.81M	$82.96M	$22.72M	$14.09M	$37.34M	$55.27M
EBIT	$23.44M	$25.60M	$25.60M	$61.28M	$29.62M	$18.94M	$21.58M	$75.50M	$13.95M	$6.42M	$30.10M	$49.17M

* Some calculated fields are derived from available data when not provided by source

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TradingView•Sep 29, 2026 1:59 PM ET9/29/26•Neutral

Patria Investments stock hits 52-week low at 9.9 USD By Investing.com

Patria Investments (PAX) stock has fallen to a 52-week low of $9.90, representing a 32.05% decline over the past year and a 34% drop year-to-date. Despite this, InvestingPro suggests the stock may be undervalued...

Investing.com•Sep 29, 2026 12:59 PM ET9/29/26•Bearish

PAX Valuation and Fair Value

P/E: 8.3x
Forward P/E: 8.1x
P/FCF: 15.2x
P/B: 3.3x

See GNG's fair value

PAX Profitability: Margins, ROIC and FCF

Gross margin: 92.7%
Operating margin: 28.6%
Net margin: 16.4%
ROE: 12.9%
FCF margin: 26.2%
FCF yield: 6.6%

PAX Competitors

Company	Ticker
Western Union Co	WU
Zhong Yang Financial Group Limited Ordinary Shares	TOP
PB Bankshares Inc	PBBK
Horace Mann Educators Corporation	HMN
Pinnacle Financial Partners Inc	PNFPP
German American Bancorp Inc	GABC
eToro Group Ltd.	ETOR
Republic Bancorp Inc	RBCAA

Sector: Financial Services

PAX Analyst Ratings

Consensus: Hold
Analysts: 6
Strong Buy: 1
Buy: 2
Hold: 2
Sell: 0
Strong Sell: 1

PAX Bull Case vs Bear Case

Bull case

PAX converts 26.2% of revenue into free cash flow.
PAX grew quarterly revenue 34.9% year over year.

PAX Earnings: Beat Rate and Next Report

Beat rate: 4 of 8 quarters (50.0%)
Average surprise: 9.1%
EPS estimate (fiscal period ending Sep 30, 2026): $0.29
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 0 up, 0 down

PAX Dividend

Forward yield: 5.7%
Payout ratio: 72.8%
3Y DPS growth: -5.1%
Pay months: Mar, Jun, Sep, Dec

PAX dividend history

Frequently Asked Questions About PAX

What is PAX's current dividend yield?

Patria Investments Ltd (PAX) has a forward dividend yield of 5.65%.

Does PAX pay dividends?

Yes, Patria Investments Ltd pays dividends with a forward dividend yield of 5.65%.

What is PAX's P/E ratio?

Patria Investments Ltd has a price-to-earnings (P/E) ratio of 8.27.

What is PAX's market cap?

Patria Investments Ltd (PAX) has a market capitalization of $1.89B with a current stock price of $11.50.

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