Xp Inc (XP) — Tangible Net Worth Ratio
Xp Inc (XP) has a Tangible Net Worth Ratio of 88.6% as of September 2025. This metric is calculated by deducting intangible assets ($2.70 Billion) from net assets ($23.67 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore XP net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Xp Inc Tangible Net Worth Ratio (2014–2024)
This chart shows how Xp Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 88.6%, reflecting net assets of $23.67 Billion with intangible assets of $2.70 Billion USD. Check how strategically is Xp Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Xp Inc (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Xp Inc from 2014 to 2024, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Xp Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.4% | $20.05 Billion | $713.10 Million | $347.46 Billion | ▼ -0.1 pp |
| 2023 | 96.6% | $19.45 Billion | $668.64 Million | $249.04 Billion | ▼ -2.0 pp |
| 2022 | 98.5% | $17.04 Billion | $248.96 Million | $192.03 Billion | ▲ +0.5 pp |
| 2021 | 98.1% | $14.42 Billion | $278.23 Million | $139.34 Billion | ▲ +0.3 pp |
| 2020 | 97.8% | $10.90 Billion | $239.20 Million | $96.03 Billion | ▲ +0.2 pp |
| 2019 | 97.6% | $7.16 Billion | $170.95 Million | $43.62 Billion | ▲ +3.5 pp |
| 2018 | 94.1% | $2.09 Billion | $122.42 Million | $17.72 Billion | ▲ +3.7 pp |
| 2017 | 90.4% | $1.15 Billion | $110.51 Million | $7.14 Billion | ▼ -8.8 pp |
| 2016 | 99.2% | $4.11 Billion | $32.27 Million | $4.24 Billion | ▲ +3.0 pp |
| 2015 | 96.2% | $3.36 Billion | $127.23 Million | $3.47 Billion | ▼ -3.3 pp |
| 2014 | 99.5% | $2.45 Billion | $11.41 Million | $2.49 Billion | — |