dLocal (DLO) EV to FCF (2021 - 2026)
dLocal's (DLO) quarterly EV to FCF came in at 21.01 in Q2 2026, up 2.74% year-over-year from 20.45 in Q2 2025, and down 34.82% quarter-over-quarter from 32.23 in Q1 2026.
Analysis
dLocal (DLO) EV to FCF (2021 - 2026) Analysis & Trends
dLocal (DLO) has reported EV to FCF for 6 consecutive years, with 21.01 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to FCF rose 2.74% year-over-year to 21.01 in Q2 2026; TTM through Jun 2026 was 6.8, a 67.92% decrease from a year earlier, with the FY2025 full-year figure at 7.54, up 108.8% from the prior year.
- EV to FCF was 21.01 for Q2 2026 at dLocal, down from 32.23 in the prior quarter.
- Over five years, EV to FCF peaked at 623.76 in Q3 2023 and troughed at 100.44 in Q4 2022.
- A 5-year average of 77.02 and a median of 40.03 in 2025 frame the typical range for EV to FCF.
- Across the five-year window, EV to FCF plunged 139.07% in 2022 and surged 879.93% in 2023, its largest moves.
- Over 5 years, EV to FCF stood at 100.44 in 2022, then surged by 172.61% to 72.93 in 2023, then tumbled by 125.92% to 18.91 in 2024, then jumped by 267.8% to 31.72 in 2025, then sank by 33.78% to 21.01 in 2026.
- The last three EV to FCF figures came in at 21.01 (Q2 2026), 32.23 (Q1 2026), and 31.72 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 49.71 Bn | 43.24 Bn | 3.17 Bn |
| 2 | PayPal Holdings | 47.38 Bn | 36.12 Bn | - |
| 3 | Fiserv | 28.18 Bn | 27.58 Bn | 3.59 Bn |
| 4 | Corpay | 27.33 Bn | 20.64 Bn | 1.19 Bn |
| 5 | Global Payments | 24.60 Bn | 19.84 Bn | 2.03 Bn |
| 6 | Shift4 Payments | 7.14 Bn | 6.90 Bn | 446.00 Mn |
| 7 | Wex | 6.65 Bn | 551.23 Mn | 463.80 Mn |
| 8 | Aci Worldwide | 5.36 Bn | 5.19 Bn | 181.57 Mn |
| 9 | dLocal | 4.58 Bn | 3.70 Bn | 127.15 Mn |
| 10 | Paymentus Holdings | 4.56 Bn | 4.18 Bn | 94.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.01 |
| Mar 31, 2026 | 32.23 |
| Dec 31, 2025 | 31.72 |
| Sep 30, 2025 | 36.39 |
| Jun 30, 2025 | 20.45 |
| Mar 31, 2025 | 19.40 |
| Dec 31, 2024 | -18.91 |
| Sep 30, 2024 | 45.60 |
| Jun 30, 2024 | 43.66 |
| Mar 31, 2024 | 92.67 |
| Dec 31, 2023 | 72.93 |
| Sep 30, 2023 | 623.76 |
| Jun 30, 2023 | 21.95 |
| Mar 31, 2023 | 50.67 |
| Dec 31, 2022 | -100.44 |
| Sep 30, 2022 | 63.65 |
| Jun 30, 2022 | 213.72 |
| Mar 31, 2022 | 115.95 |
| Dec 31, 2021 | 257.04 |
| Sep 30, 2021 | 480.97 |