dLocal (DLO) Return on Capital Employed (2021 - 2025)
dLocal (DLO) reported Return on Capital Employed of 43.21% for Q4 2025, up 1475.0% year-over-year from 2.74% in Q4 2024, and down 9.61% quarter-over-quarter from 47.8% in Q3 2025.
dLocal (DLO) Return on Capital Employed (2021 - 2025) Analysis & Trends
dLocal (DLO) has 5 years of Return on Capital Employed data on file, last reported at 43.21% in Q4 2025.
- Return on Capital Employed for Q4 2025 came in at 43.21%, up 1475.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 43.21% (up 1475.0% YoY), and the FY2025 annual result was 56.35%, up 2515.0% from the prior year.
- Return on Capital Employed eased to 43.21% in Q4 2025 per DLO's latest filing, from 47.8% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 47.8% in Q3 2025 and troughed at 28.46% in Q4 2024.
- A 5-year average of 36.45% and a median of 35.81% in 2022 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed tumbled 1423 bps in 2024, then jumped 1840 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 33.4% in 2021, then slipped by 6 bps to 31.34% in 2022, then surged by 36 bps to 42.7% in 2023, then sank by 33 bps to 28.46% in 2024, then surged by 52 bps to 43.21% in 2025.
- Business Quant data shows DLO's Return on Capital Employed at 43.21% in Q4 2025, 47.8% in Q3 2025, and 39.79% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 27.43% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 0.01% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 10.62% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 24.39% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 8.75% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -4.62% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 40.10% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.98% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -5.85% |
| 10 | dLocal | 3.47 Bn | 2.75 Bn | 115.80 Mn | 43.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 43.21% |
| Sep 30, 2025 | 47.80% |
| Jun 30, 2025 | 39.79% |
| Mar 31, 2025 | 30.98% |
| Dec 31, 2024 | 28.46% |
| Sep 30, 2024 | 29.40% |
| Jun 30, 2024 | 34.96% |
| Mar 31, 2024 | 37.44% |
| Dec 31, 2023 | 42.70% |
| Sep 30, 2023 | 37.39% |
| Jun 30, 2023 | 46.24% |
| Mar 31, 2023 | 35.87% |
| Dec 31, 2022 | 31.34% |
| Sep 30, 2022 | 39.40% |
| Jun 30, 2022 | 33.03% |
| Mar 31, 2022 | 35.75% |
| Dec 31, 2021 | 33.40% |
| Sep 30, 2021 | 28.90% |