dLocal (DLO) EV to EBITDA (2021 - 2026)
dLocal's (DLO) EV to EBITDA stood at 11.10 in Q2 2026, down 13.4% from 12.83 a year earlier and down 2.6% from the prior quarter.
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Analysis
dLocal (DLO) EV to EBITDA (2021 - 2026) Analysis & Trends
On a TTM basis, dLocal's EV to EBITDA came in at 1.97 as of Jun 30, 2026, down 59.8% year-over-year; for FY2025, it was 13.61, down 19.2% from FY2024.
- Annual EV to EBITDA has declined for four straight years.
- Across earlier years, EV to EBITDA came in at 16.85 in FY2024 (-31.7%), 24.68 in FY2023 (-19.4%), 30.61 in FY2022 (-73.4%) and 115.07 in FY2021.
- The Q2 2026 figure is the lowest quarterly EV to EBITDA since Q1 2025.
- On a year-over-year basis, EV to EBITDA rose in three of the last eight quarters, with an average decline of 15.2%.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 30.9% in Q3 2025, against a decline of 78.5% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.40 (Q1 2026), 13.61 (Q4 2025) and 15.26 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | dLocal | 4.08 Bn | 769.99 Mn | 127.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.10 |
| Mar 31, 2026 | 11.40 |
| Dec 31, 2025 | 13.61 |
| Sep 30, 2025 | 15.26 |
| Jun 30, 2025 | 12.83 |
| Mar 31, 2025 | 10.48 |
| Dec 31, 2024 | 16.84 |
| Sep 30, 2024 | 11.66 |
| Jun 30, 2024 | 11.36 |
| Mar 31, 2024 | 20.95 |
| Dec 31, 2023 | 24.26 |
| Sep 30, 2023 | 29.97 |
| Jun 30, 2023 | 19.24 |
| Mar 31, 2023 | 29.12 |
| Dec 31, 2022 | 30.61 |
| Sep 30, 2022 | 40.00 |
| Jun 30, 2022 | 60.39 |
| Mar 31, 2022 | 85.14 |
| Dec 31, 2021 | 112.59 |
| Sep 30, 2021 | 185.95 |
API Access
dLocal EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=DLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "DLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=DLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();