Patria Investments vs Ridgepost Capital
Patria Investments is the larger business, with $382m of revenue in fiscal 2025 against $297m for Ridgepost Capital (1.3 times as much). Patria Investments grew faster (2.0% against 0.3%). Patria Investments kept more of each dollar of sales as profit: a net margin of 22.4% against 6.6%. Patria Investments carries less debt relative to equity (28.6% against 92.5%).
| Latest fiscal year | Patria InvestmentsPAX, 2025 | Ridgepost CapitalRPC, 2025 |
|---|---|---|
| Revenue | $382m | $297m |
| Revenue growth | 2.0% | 0.3% |
| Net income | $85.7m | $19.5m |
| Operating margin | — | 22.0% |
| Net margin | 22.4% | 6.6% |
| Return on equity | 15.7% | 4.9% |
| Free cash flow | $272m | $18.1m |
| Cash | $53.6m | $28.2m |
| Total debt | $175m | $373m |
| Debt to equity | 28.6% | 92.5% |
| Dividend per share | — | $0.15 |
| Dividend yield | — | 1.4% |
| Share buybacks | — | — |
| Employees | — | 326 |
| Market value | $1.51bn | $1.13bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 12 buys, 2 sales | 7 buys, 2 sales |