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| Date | Value |
|---|---|
| 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 |