dLocal (DLO) Equity Ratio (2020 - 2025)

dLocal (DLO) posted quarterly Equity Ratio of 0.37 for Q4 2025, down 11.49% YoY from 0.42 in Q4 2024, and up 3.15% sequentially from 0.36 in Q3 2025.

dLocal (DLO) Equity Ratio (2020 - 2025) Analysis & Trends

dLocal has disclosed Equity Ratio across 6 years of filings, most recently posting 0.37 for Q4 2025.

  • In Q4 2025, Equity Ratio fell 11.49% year-over-year to 0.37; the TTM figure through Dec 2025 stood at 0.37 (down 11.49% YoY), while the FY2025 annual figure was 0.37, down 11.49% from the prior year.
  • Equity Ratio improved to 0.37 in Q4 2025, from 0.36 in the prior quarter.
  • Over the last five years, Equity Ratio for DLO reached as high as 0.49 in Q3 2021 and fell as low as 0.36 in Q3 2025.
  • The 5-year median for Equity Ratio is 0.43 (2023), against an average of 0.43.
  • Annual changes were most pronounced in 2021 — Equity Ratio soared 113.95% — and 2023, when it declined 20.14%.
  • A 5-year view of Equity Ratio shows it stood at 0.48 in 2021, then grew by 0.59% to 0.48 in 2022, then fell by 13.22% to 0.42 in 2023, then retreated by 0.55% to 0.42 in 2024, then slipped by 11.49% to 0.37 in 2025.
  • According to Business Quant data, Equity Ratio over the past three periods registered 0.37, 0.36, and 0.37 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.60
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 0.16
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 0.83
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 0.38
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.40
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.10
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.25
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.65
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.54
10 dLocal 4.27 Bn 3.55 Bn 115.80 Mn 0.37

Historic Data

Download Data
DateValue
Dec 31, 2025 0.37
Dec 31, 2024 0.42
Dec 31, 2023 0.42
Dec 31, 2022 0.48
Dec 31, 2021 0.48
Dec 31, 2020 0.22