Noah Holdings vs Patria Investments
Noah Holdings and Patria Investments are similar in size: $373m and $382m of revenue in their latest fiscal years. Noah Holdings grew faster (4.8% against 2.0%). Patria Investments kept more of each dollar of sales as profit: a net margin of 22.4% against 21.4%. Noah Holdings carries less debt relative to equity (0.0% against 28.6%).
| Latest fiscal year | Noah HoldingsNOAH, 2025 | Patria InvestmentsPAX, 2025 |
|---|---|---|
| Revenue | $373m | $382m |
| Revenue growth | 4.8% | 2.0% |
| Net income | $79.9m | $85.7m |
| Operating margin | 29.8% | — |
| Net margin | 21.4% | 22.4% |
| Return on equity | 5.8% | 15.7% |
| Free cash flow | $120m | $272m |
| Cash | $624m | $53.6m |
| Total debt | $0 | $175m |
| Debt to equity | 0.0% | 28.6% |
| Dividend per share | — | — |
| Dividend yield | 16.9% | — |
| Share buybacks | $7.5m | — |
| Employees | — | — |
| Market value | $450m | $1.51bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 8 sales | 12 buys, 2 sales |