XTB S.A. (XTB.WA)
Warsaw, PL
XTB S.A., along with its affiliated entities, offers extensive brokerage solutions for a diverse range of financial products, including currency derivatives, commodities, market indices, stocks, and bonds. Its geographical footprint covers Central and Eastern Europe, Western Europe, and Latin America. The company structures its operations into two main divisions: Retail Operations, serving individual traders, and Institutional Activity, for corporate clients. Both segments access XTB's offerings through proprietary trading platforms like xStation 5 and xStation mobile, in addition to the popular MetaTrader 4. Beyond direct brokerage, XTB provides investment advisory services, facilitates derivatives trading and intermediation, and supplies trading infrastructure for other businesses to offer financial instrument trading under their own branding. Established in 2002 as X-Trade Brokers Dom Maklerski S.A., the firm is headquartered in Warsaw, Poland, and functions as a subsidiary of XXZW Investment Group S.A.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.34% | +6.10% | -0.16% | +22.28% | +57.48% | +50.27% | +25.11% | +191.80% | +549.59% | +748.46% | +815.35% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 2 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Financial - Capital Markets: +19.7%+8.7% Q1'26: +83.9% (vs Q1'25)
-
EPS growth Financial - Capital Markets: +35.3%-24.8% Q1'26: +175.8% (vs Q1'25)
-
FCF margin FCF growth · Financial - Capital Markets: +29.5%+141.0% ★ Q1'26: +66.8% (vs Q1'25)
-
EBIT margin Financial - Capital Markets: +33.5%+38.9% ★ Q1'26: +60.4% (vs Q1'25)
-
ROIC Financial - Capital Markets: +4.0%— Q1'26: -990.4% (vs Q1'25)
-
Share dilution Financial - Capital Markets: +0.0%+0.0% Q1'26: 0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Financial - Capital Markets: -0.30×0.03× ★ Q1'26: 0.01× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 2 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
Dec 2030 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
266.11M
est: 250.74M (+6.1%)
|
288.29M
est: 306.71M (-6.0%)
|
289.59M
est: 297.20M (-2.6%)
|
239.94M
est: 197.60M (+21.4%)
|
803.27M
est: 683.00M (+17.6%)
|
641.87M
est: 558.00M (+15.0%)
|
1.48B
est: 1.44B (+2.7%)
|
1.67B
est: 1.70B (-1.4%)
|
1.97B
est: 1.87B (+5.4%)
|
2.15B
est: 2.15B (0.0%)
|
3.31B
3.15B – 3.47B
+54.0% YoY
|
3.69B
3.33B – 4.06B
+11.7% YoY
|
4.37B
4.16B – 4.59B
+18.4% YoY
|
7.11B
6.77B – 7.45B
+62.5% YoY
|
9.59B
9.13B – 10.05B
+34.9% YoY
|
| EBITDA |
92.22M
est: 144.68M (-36.3%)
|
139.06M
est: 176.97M (-21.4%)
|
119.52M
est: 171.48M (-30.3%)
|
78.67M
est: 114.01M (-31.0%)
|
547.39M
est: 394.09M (+38.9%)
|
316.17M
est: 321.96M (-1.8%)
|
945.06M
est: 833.18M (+13.4%)
|
941.93M
est: 882.85M (+6.7%)
|
1.01B
est: 975.46M (+3.3%)
|
859.75M
est: 1.12B (-23.1%)
|
1.72B
1.64B – 1.81B
+54.0% YoY
|
1.92B
1.73B – 2.12B
+11.7% YoY
|
2.28B
2.17B – 2.39B
+18.4% YoY
|
3.70B
3.52B – 3.88B
+62.5% YoY
|
4.99B
4.75B – 5.24B
+34.9% YoY
|
| EBIT |
86.80M
est: 142.07M (-38.9%)
|
133.00M
est: 173.78M (-23.5%)
|
115.59M
est: 168.39M (-31.4%)
|
71.92M
est: 111.96M (-35.8%)
|
539.64M
est: 386.99M (+39.4%)
|
307.25M
est: 316.16M (-2.8%)
|
933.07M
est: 818.17M (+14.0%)
|
924.73M
est: 864.47M (+7.0%)
|
987.71M
est: 955.16M (+3.4%)
|
834.34M
est: 1.10B (-23.8%)
|
1.69B
1.61B – 1.77B
+54.0% YoY
|
1.88B
1.70B – 2.07B
+11.7% YoY
|
2.23B
2.12B – 2.34B
+18.4% YoY
|
3.63B
3.45B – 3.80B
+62.5% YoY
|
4.89B
4.65B – 5.13B
+34.9% YoY
|
| Net Income |
77.71M
est: 78.83M (-1.4%)
|
92.97M
est: 118.96M (-21.8%)
|
101.47M
est: 112.87M (-10.1%)
|
57.70M
est: 34.10M (+69.2%)
|
402.09M
est: 363.29M (+10.7%)
|
237.83M
est: 41.15M (+478.0%)
|
766.10M
est: 771.64M (-0.7%)
|
791.17M
|
857.03M
est: 863.16M (-0.7%)
|
643.78M
est: 662.50M (-2.8%)
|
1.26B
1.22B – 1.39B
+90.3% YoY
|
1.31B
1.22B – 1.39B
+3.5% YoY
|
1.50B
1.41B – 1.60B
+15.3% YoY
|
1.75B
1.64B – 1.86B
+16.4% YoY
|
2.07B
1.94B – 2.20B
+18.1% YoY
|
| SGA |
128.16M
est: 79.23M (+61.8%)
|
103.97M
est: 96.91M (+7.3%)
|
117.63M
est: 93.91M (+25.3%)
|
124.20M
est: 62.44M (+98.9%)
|
207.30M
est: 215.82M (-3.9%)
|
251.96M
est: 176.32M (+42.9%)
|
418.13M
est: 456.28M (-8.4%)
|
524.96M
est: 448.15M (+17.1%)
|
658.27M
est: 495.16M (+32.9%)
|
—
est: 567.78M (-100.0%)
|
874.53M
832.30M – 916.76M
+54.0% YoY
|
976.58M
879.35M – 1.07B
+11.7% YoY
|
1.16B
1.10B – 1.21B
+18.4% YoY
|
1.88B
1.79B – 1.97B
+62.5% YoY
|
2.54B
2.41B – 2.66B
+34.9% YoY
|
| EPS |
0.66
est: 0.67 (-1.6%)
|
0.79
est: 1.01 (-21.9%)
|
0.86
est: 0.96 (-10.4%)
|
0.49
est: 0.29 (+69.0%)
|
3.43
est: 3.09 (+11.0%)
|
2.03
est: 0.35 (+480.0%)
|
6.53
est: 6.56 (-0.5%)
|
6.73
|
7.29
est: 7.34 (-0.7%)
|
5.48
est: 5.64 (-2.8%)
|
11.10
10.40 – 11.80
+97.0% YoY
|
11.10
10.40 – 11.80
+0.0% YoY
|
12.80
12.00 – 13.60
+15.3% YoY
|
14.90
13.96 – 15.84
+16.4% YoY
|
17.60
16.50 – 18.70
+18.1% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-14 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-13 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-12 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-11 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 |
| 2026-05-08 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-07 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-06 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-05 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-04 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-30 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-23 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-21 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-20 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 1/5 |
| 2026-04-17 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
| 2026-04-15 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Omar Arnaout | Chairman of the Management Board & Chief Executive Officer | 2M | male |
| Filip Kaczmarzyk | Director of Trading Department & Member of the Management Board | 2M | male |
| Pawel Szejko | Chief Financial Officer & Member of the Management Board | 1M | male |
| Jakub Kubacki | Member of the Management Board for Legal Affairs | 1M | male |
| Bartosz Osinski | Member of Management Board for Risk | 120.0K | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for XTB.WA
Short-term intention
Target Price Distribution
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