Vinci Partners Investments Ltd. (VINP) Key Metrics
VINP key metrics, 2018–2025
Fiscal year ended December 31, 2025 · Brazilian reaisVINP returns How much profit the business earns on the capital it uses.
VINP financial health Debt, liquidity and how easily interest is covered.
VINP efficiency & capital use Working capital cycle and where the cash goes.
VINP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
VINP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
VINP cash returned to shareholders
VINP key metrics in Brazilian reais
2018–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||
| Return on equity (ROE) | 10.9% | 7.1% | 16.0% | 15.7% | 29.1% | 267.3% | 173.5% | 85.4% |
| Return on invested capital (ROIC) | 25.4% | 19.2% | 66.7% | 103.6% | 669.5% | 221.5% | 128.5% | 54.0% |
| Return on assets (ROA) | 5.6% | 4.0% | 10.8% | 12.9% | 21.1% | 53.2% | 58.9% | 28.0% |
| Return on tangible assets | 10.6% | 4.7% | 10.5% | 13.9% | 12.7% | 52.0% | 49.0% | 28.5% |
| Free cash flow margin | 24.4% | 28.6% | 31.4% | 22.2% | 57.9% | 55.4% | 41.2% | 40.3% |
| Income quality (OCF / net income) | 1.28 | 1.77 | 0.97 | 0.54 | 1.38 | 1.15 | 0.87 | 1.29 |
| Financial health | ||||||||
| Total debt | R$1.13B | R$981.0M | R$689.9M | R$261.5M | R$85.5M | R$106.2M | R$102.9M | R$93.0M |
| Cash & short-term investments | R$1.81B | R$1.75B | R$1.83B | R$1.38B | R$1.48B | R$91.7M | R$89.8M | R$49.3M |
| Net debt | −R$685.4M | −R$773.3M | −R$1.14B | −R$1.12B | −R$1.39B | R$14.5M | R$13.1M | R$43.7M |
| Debt / equity | 0.57 | 0.51 | 0.50 | 0.19 | 0.06 | 5.53 | 0.95 | 1.40 |
| Debt / assets | 0.28 | 0.27 | 0.30 | 0.15 | 0.05 | 0.32 | 0.33 | 0.46 |
| Net debt / EBITDA | −1.65 | −2.97 | −3.53 | −3.70 | −4.89 | 0.06 | 0.06 | 0.41 |
| Current ratio | 16.30 | 5.86 | 8.31 | 9.35 | 9.32 | 0.74 | 1.53 | 1.69 |
| Quick ratio | 16.30 | 5.86 | 13.27 | 17.33 | 17.70 | 0.78 | 2.36 | 2.53 |
| Interest coverage | 3.7 | 2.7 | 6.0 | 11.8 | 19.3 | 17.4 | 15.0 | 6.9 |
| Working capital | R$1.94B | R$1.71B | R$1.72B | R$1.30B | R$1.36B | −R$54.1M | R$54.4M | R$30.6M |
| Invested capital | R$1.29B | R$1.17B | R$240.2M | R$253.7M | R$24.9M | R$33.7M | R$121.2M | R$110.0M |
| Tangible asset value | R$27.3M | R$884.1M | R$1.18B | R$1.19B | R$1.41B | R$17.8M | R$112.0M | R$64.2M |
| Net current asset value | R$93.4M | R$418.4M | R$1.04B | R$1.07B | R$1.30B | −R$153.1M | −R$39.7M | −R$58.9M |
| Capital allocation | ||||||||
| Dividends paid | R$209.8M | R$203.2M | R$190.1M | R$211.3M | R$256.0M | R$176.3M | R$76.2M | R$45.9M |
| Share buybacks (net) | R$51.1M | R$90.3M | R$62.8M | R$63.4M | R$50.8M | R$0 | R$225,000 | R$0 |
| Dividend payout ratio | 98.3% | 171.9% | 86.2% | 96.3% | 122.7% | 103.6% | 50.4% | 81.1% |
| Dividends + buybacks / free cash flow | 111.5% | 154.1% | 142.5% | 246.5% | 107.4% | 91.2% | 58.5% | 63.4% |
| Capex / revenue | 4.2% | 2.9% | 6.5% | 1.3% | 0.6% | 0.6% | 0.5% | 0.5% |
| Capex / operating cash flow | 14.6% | 9.2% | 17.2% | 5.5% | 1.1% | 1.0% | 1.3% | 1.3% |
| Capex / depreciation | 0.69 | 0.67 | 1.86 | 0.41 | 0.23 | 0.15 | 0.11 | 0.06 |
| Stock-based compensation / revenue | 3.1% | 3.4% | 2.7% | 2.8% | 0.7% | 0.0% | — | — |
| R&D / revenue | — | 0.7% | 0.3% | 0.1% | — | 0.4% | — | — |
| SG&A / revenue | 40.8% | 23.3% | 26.5% | 12.1% | 9.4% | 8.4% | 8.5% | 11.8% |
| Efficiency | ||||||||
| Days sales outstanding | 92.9 | 92.0 | 53.2 | 38.8 | 36.4 | 59.4 | 50.1 | 49.9 |
| Days of inventory on hand | — | — | -6,212.4 | -3,327.0 | -1,636.5 | -231.1 | -360.5 | -310.4 |
| Days payables outstanding | 80.5 | 11.6 | 8.0 | 2.6 | 151.3 | 404.5 | 118.9 | 22.6 |
| Cash conversion cycle (days) | 12.4 | 80.5 | -6,167.2 | -3,290.9 | -1,751.4 | -576.3 | -429.3 | -283.1 |
| Receivables turnover | 3.93 | 3.97 | 6.86 | 9.42 | 10.02 | 6.15 | 7.29 | 7.32 |
| Payables turnover | 4.53 | 31.59 | 45.48 | 138.15 | 2.41 | 0.90 | 3.07 | 16.14 |
| Asset turnover | 0.25 | 0.23 | 0.28 | 0.29 | 0.50 | 1.09 | 1.23 | 0.89 |
| Average receivables | R$244.0M | R$167.7M | R$82.4M | R$53.3M | R$49.2M | R$56.7M | R$43.5M | R$24.5M |
| Average payables | R$12.4M | R$6.7M | R$1.6M | R$1.0M | R$63.8M | R$82.4M | R$20.4M | R$2.7M |
| Average inventory | — | — | −R$1.21B | −R$1.31B | −R$690.6M | −R$47.1M | −R$61.8M | −R$37.6M |
| Intangibles / total assets | 50.2% | 29.5% | 8.5% | 10.7% | 0.1% | 0.4% | 0.9% | 1.9% |
Computed from VINP's annual financial statements (latest annual report filed April 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Brazilian reais; data from EODHD. Averages use the opening and closing balance of each year.
VINP valuation and financial ratios
Vinci Partners Investments earned a return on equity of 10.9% and a return on invested capital of 25.4% in fiscal 2025. It ended the year with R$1.1 billion of debt and R$1.8 billion in cash and short-term investments, a net cash position of R$685.4 million. It returned R$260.9 million to shareholders: R$209.8 million in dividends and R$51.1 million in share buybacks, 111% of free cash flow.
See the VINP income statement, the VINP chart for price history, or the VINP stock overview for the latest quote and news.
VINP key metrics FAQ
What is Vinci Partners Investments's return on equity?
Vinci Partners Investments's return on equity (ROE) was 10.9% in fiscal 2025: net income of R$213.3 million on average shareholders' equity of R$2.0 billion.
What is Vinci Partners Investments's ROIC?
Vinci Partners Investments's return on invested capital was 25.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Vinci Partners Investments have?
Vinci Partners Investments had total debt of R$1.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.57 and more cash than debt.
Does Vinci Partners Investments buy back its shares?
Yes. Vinci Partners Investments spent R$51.1 million on net share repurchases in fiscal 2025.
What is Vinci Partners Investments's current ratio?
Vinci Partners Investments's current ratio was 16.30 at the end of fiscal 2025: current assets were 16.30 times current liabilities.