Patria Investments Limited (PAX) Earnings History
Annual and quarterly earnings data from 2018 to 2025
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PAX EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
PAX Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 96.2% | 34.2% | 22.3% |
| 2024 | 86.5% | 44.3% | 19.2% |
| 2023 | 88.2% | 50.0% | 36.1% |
| 2022 | 86.5% | 50.4% | 35.9% |
| 2021 | 93.8% | 58.3% | 52.0% |
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Patria Investments Limited (PAX) Earnings Overview
As of May 6, 2026, Patria Investments Limited (PAX) reported trailing twelve-month net income of $86M, reflecting +14.9% year-over-year growth. The company earned $0.54 per diluted share over the past four quarters, with a net profit margin of 22.3%.
Looking at the long-term picture, PAX's 5-year EPS compound annual growth rate (CAGR) stands at +2.8%, reflecting modest earnings expansion. The company achieved its highest annual net income of $122M in fiscal 2021.
Patria Investments Limited maintains industry-leading profitability with a gross margin of 96.2%, operating margin of 34.2%, and net margin of 22.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including BX ($3.02B net income, 21.8% margin), KKR ($2.37B net income, 12.3% margin), APO ($4.48B net income, 14.8% margin), PAX has outperformed on profitability metrics. Compare PAX vs BX →
PAX Earnings vs Peers
Earnings metrics vs comparable public companies
PAX Historical Earnings Data (2018–2025)
8 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $86M | +19.1% | $131M | $0.54 | 22.3% | 34.2% |
| 2024 | $72M | -39.3% | $166M | $0.47 | 19.2% | 44.3% |
| 2023 | $118M | +27.4% | $164M | $0.80 | 36.1% | 50.0% |
| 2022 | $93M | -24.1% | $130M | $0.63 | 35.9% | 50.4% |
| 2021 | $122M | +96.9% | $137M | $0.90 | 52.0% | 58.3% |
| 2020 | $62M | +6.3% | $67M | $0.47 | 54.1% | 58.4% |
| 2019 | $59M | +34.1% | $65M | $0.44 | 47.4% | 52.5% |
| 2018 | $44M | - | $47M | $0.37 | 41.3% | 44.0% |
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Start ComparisonPAX — Frequently Asked Questions
Quick answers to the most common questions about buying PAX stock.
Is PAX growing earnings?
PAX EPS stands at $0.54, with +14.9% growth matching the 5-year CAGR of +2.8%. TTM net income is $86M. Earnings trajectory remains consistent.
What are PAX's profit margins?
Patria Investments Limited net margin is +22.3%, with operating margin at +34.2%. Above-average margins indicate pricing power.
How consistent are PAX's earnings?
PAX earnings data spans 2018-2025. The current earnings trend is +14.9% YoY. Historical data enables comparison across business cycles.