dLocal (DLO) Equity Ratio (2020 - 2025)
dLocal (DLO) reported Equity Ratio of 0.37 for Q4 2025, down 11.49% year-over-year from 0.42 in Q4 2024, and up 3.15% quarter-over-quarter from 0.36 in Q3 2025.
dLocal (DLO) Equity Ratio (2020 - 2025) Analysis & Trends
dLocal (DLO) has 6 years of Equity Ratio data on file, last reported at 0.37 in Q4 2025.
- Equity Ratio for Q4 2025 came in at 0.37, down 11.49% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.37 (down 11.49% YoY), and the FY2025 annual result was 0.37, down 11.49% from the prior year.
- Equity Ratio advanced to 0.37 in Q4 2025 per DLO's latest filing, from 0.36 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.49 in Q3 2021 and troughed at 0.36 in Q3 2025.
- A 5-year average of 0.43 and a median of 0.43 in 2023 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2021 and 2023: Equity Ratio soared 113.95% in 2021, then declined 20.14% in 2023.
- 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.
- Business Quant data shows DLO's Equity Ratio at 0.37 in Q4 2025, 0.36 in Q3 2025, and 0.37 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 0.60 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 0.16 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 0.83 |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 0.38 |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 0.40 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 0.10 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 0.65 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 0.25 |
| 10 | dLocal | 3.47 Bn | 2.75 Bn | 115.80 Mn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.37 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.37 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.42 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.42 |
| Sep 30, 2023 | 0.43 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.48 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.48 |
| Sep 30, 2021 | 0.49 |
| Jun 30, 2021 | 0.47 |
| Dec 31, 2020 | 0.22 |