Last 36 quarters of trend data · Technology · Software - Infrastructure
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
PagSeguro Digital Ltd.'s quarterly P/E stands at 1.4x, up 68.1% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 12.3% YoY to 4.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 7.21 | 1.38 | 1.33 | 1.35 | 1.11 | 0.82 | 1.30 | 1.86 | 2.38 | 2.04 | 1.69 | 2.00 | 1.90 |
| — | +68.1% | +2.6% | -27.7% | -53.4% | -59.8% | -23.5% | -6.9% | +25.5% | +15.6% | -40.6% | -14.1% | -60.3% | |
| P/S Ratio | 0.44 | 0.13 | 0.15 | 0.15 | 0.12 | 0.10 | 0.15 | 0.21 | 0.27 | 0.23 | 0.18 | 0.20 | 0.19 |
| — | +34.3% | +2.2% | -30.3% | -54.7% | -57.9% | -16.6% | +4.0% | +43.3% | +27.6% | -35.5% | -7.4% | -61.4% | |
| P/B Ratio | 1.02 | 0.19 | 0.20 | 0.20 | 0.16 | 0.13 | 0.19 | 1.46 | 1.67 | 1.46 | 1.08 | 1.18 | 1.17 |
| — | +42.7% | +3.6% | -86.4% | -90.6% | -90.9% | -82.4% | +23.3% | +43.0% | +14.5% | -47.0% | -25.8% | -60.4% | |
| P/FCF | 5.50 | — | 0.44 | 0.42 | 1.03 | — | — | — | 0.61 | 2.62 | 1.57 | — | — |
| — | — | — | — | +67.5% | — | — | — | — | +477.5% | -17.9% | — | — | |
| EV / EBITDA | 5.72 | 4.32 | 4.63 | 4.70 | 4.66 | 4.93 | 5.15 | 1.12 | 1.13 | 0.93 | 0.72 | 0.75 | 0.73 |
| — | -12.3% | -10.3% | +320.1% | +311.1% | +431.1% | +620.7% | +50.2% | +55.8% | +30.6% | -26.3% | -12.0% | -53.5% | |
| EV / EBIT | 5.72 | 4.32 | 5.34 | 6.46 | 5.64 | 6.16 | 6.56 | 1.50 | 1.44 | 1.16 | 0.90 | 0.93 | 0.91 |
| — | -29.8% | -18.7% | +329.7% | +291.4% | +431.8% | +629.5% | +61.5% | +58.1% | +34.9% | -23.3% | -10.1% | -53.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
PagSeguro Digital Ltd.'s operating margin was 39.0% in Q4 2025, up 0.7 pp QoQ and up 5.2 pp YoY. This marks the 6th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 37.5% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 6.2% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.6% | 51.3% | 51.3% | 50.7% | 49.9% | 48.3% | 47.8% | 47.3% | 48.3% | 47.5% | 48.7% | 48.8% | 47.6% |
| — | +6.2% | +7.2% | +7.2% | +3.2% | +1.8% | -1.7% | -3.1% | +1.4% | -4.5% | -8.7% | -4.0% | -2.0% | |
| Operating Margin | 37.5% | 39.0% | 38.4% | 36.8% | 35.8% | 33.8% | 31.8% | 31.8% | 32.4% | 34.3% | 33.9% | 34.8% | 34.4% |
| — | +15.3% | +20.9% | +15.6% | +10.3% | -1.3% | -6.3% | -8.6% | -5.6% | -4.0% | -4.1% | +6.7% | +16.4% | |
| Net Margin | 10.7% | 9.6% | 11.3% | 11.0% | 11.1% | 12.0% | 11.3% | 11.4% | 11.5% | 11.4% | 10.4% | 10.2% | 10.0% |
| — | -19.8% | -0.1% | -3.6% | -3.0% | +4.9% | +8.9% | +11.2% | +14.4% | +9.8% | +8.8% | +7.9% | -2.9% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.2% | 3.5% | 3.8% | 3.6% | 3.5% | 4.1% | 6.2% | 18.9% | 17.6% | 18.4% | 15.9% | 15.4% | 15.9% |
| — | -16.1% | -39.7% | -80.8% | -79.9% | -77.7% | -60.7% | +22.8% | +10.8% | -1.2% | -10.8% | -7.5% | -5.5% | |
| ROA | 2.8% | 0.7% | 0.8% | 0.8% | 0.7% | 0.9% | 1.3% | 4.2% | 4.2% | 4.7% | 4.5% | 4.4% | 4.3% |
| — | -18.7% | -42.4% | -81.9% | -82.3% | -81.8% | -70.1% | -4.3% | -3.7% | -4.5% | -8.7% | -11.9% | -21.6% | |
| ROIC | 10.7% | 3.0% | 2.6% | 2.5% | 2.4% | 2.4% | 3.9% | 16.4% | 17.7% | 21.7% | 22.3% | 22.8% | 22.6% |
| — | +25.1% | -33.3% | -84.5% | -86.6% | -88.9% | -82.6% | -28.1% | -21.7% | -11.4% | -11.8% | -11.3% | -13.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
PagSeguro Digital Ltd.'s Debt/EBITDA ratio is 16.8x, down from 17.9x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 10.1% YoY to 1.36x, tightening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.38 | 2.38 | 2.81 | 2.79 | 2.56 | 2.77 | 2.57 | 1.77 | 1.50 | 1.24 | 0.95 | 0.83 | 0.90 |
| — | -14.0% | +9.2% | +57.8% | +70.3% | +122.7% | +171.3% | +112.1% | +67.1% | +22.2% | -20.2% | -12.9% | +40.8% | |
| Debt / EBITDA | 4.80 | 16.84 | 17.85 | 18.03 | 18.01 | 19.23 | 19.54 | 2.53 | 2.39 | 1.86 | 1.44 | 1.32 | 1.37 |
| — | -12.5% | -8.7% | +613.3% | +653.2% | +936.3% | +1253.5% | +91.3% | +74.9% | +37.4% | -2.7% | -0.3% | +17.7% | |
| Current Ratio | 1.36 | 1.36 | 1.42 | 1.42 | 1.52 | 1.51 | 1.52 | 1.48 | 1.43 | 1.42 | 1.44 | 1.43 | 1.46 |
| — | -10.1% | -6.3% | -3.8% | +6.2% | +6.8% | +5.6% | +3.8% | -1.7% | +5.8% | +7.7% | +3.6% | +5.8% | |
| Quick Ratio | 1.36 | 1.36 | 1.42 | 1.42 | 1.52 | 1.51 | 1.52 | 1.48 | 1.43 | 1.41 | 1.43 | 1.42 | 1.46 |
| — | -10.1% | -6.3% | -3.8% | +6.3% | +6.9% | +5.6% | +3.9% | -1.7% | +5.8% | +7.8% | +3.6% | +5.9% | |
| Interest Coverage | 1.42 | 1.48 | 1.35 | 1.76 | 1.43 | 1.55 | 1.78 | 1.84 | 1.65 | 1.74 | 1.64 | 8.15 | 8.09 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 36 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorDCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare business quality, growth, and profitability against top sector peers.
Start ComparisonQuick answers to the most common questions about buying PAGS stock.
PagSeguro Digital Ltd.'s current P/E is 7.2x. The average P/E over the last 4 quarters is 1.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
PagSeguro Digital Ltd.'s current operating margin is 37.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking PagSeguro Digital Ltd.'s business trajectory between earnings reports.