XP Inc (XP9) — Cash Flow Quality Index
XP Inc (XP9) has a Cash Flow Quality Index of -1.84x as of December 2025. Operating cash flow of €-2.38 Billion is below net income of €1.30 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore how much of XP Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
XP Inc Cash Flow Quality Index (2016–2025)
Historical Cash Flow Quality Index for XP Inc across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check XP9 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for XP Inc (2016–2025)
Year-by-year earnings quality comparison for XP Inc. For live market cap and the full company financial profile, see XP9 market cap.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.33x | €12.04 Billion | €5.17 Billion | ▼ -5.9% |
| 2024 | 2.48x | €11.18 Billion | €4.51 Billion | ▲ +18.8% |
| 2023 | 2.08x | €8.13 Billion | €3.90 Billion | ▲ +313.7% |
| 2022 | 0.50x | €1.80 Billion | €3.58 Billion | ▲ +145.0% |
| 2021 | -1.12x | €-4.02 Billion | €3.59 Billion | ▼ -254.3% |
| 2020 | 0.73x | €1.51 Billion | €2.08 Billion | ▲ +120.6% |
| 2019 | -3.53x | €-3.81 Billion | €1.08 Billion | ▼ -256.6% |
| 2018 | -0.99x | €-456.75 Million | €461.44 Million | ▼ -256.1% |
| 2017 | 0.63x | €262.37 Million | €413.87 Million | ▲ +3135.5% |
| 2016 | 0.02x | €4.78 Million | €243.76 Million | — |