dLocal (DLO) Return on Equity [ROE] (2021 - 2026)
dLocal (DLO) reported Return on Equity [ROE] of 37.32% for Q2 2026, up 10.55 percentage points from 26.78% a year earlier and up 3.09 percentage points from the prior quarter.
Powered by 
Analysis
dLocal (DLO) Return on Equity [ROE] (2021 - 2026) Analysis & Trends
For FY2025, dLocal posted Return on Equity [ROE] of 37.21%, up 11.69 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of -43.82 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 25.52% in FY2024 (-9.36 pp), 34.88% in FY2023 (+2.91 pp), 31.97% in FY2022 (-15.88 pp) and 47.86% in FY2021 (-33.17 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Equity [ROE] in data going back to Q3 2021.
- Year over year, Return on Equity [ROE] has now increased in each of the last four quarters, with an average year-over-year change of +1.99 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was Q4 2025 (a gain of 11.19 percentage points); the low point was Q4 2024 (a drop of 8.18 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 34.23% (Q1 2026), 36.66% (Q4 2025) and 32.57% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | -7.44% |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 24.61% |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 1.63% |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | -20.51% |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 32.18% |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 10.59% |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | -3.54% |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | -81.60% |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 11.09% |
| 10 | dLocal | 4.06 Bn | 752.30 Mn | 127.15 Mn | 37.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.32% |
| Mar 31, 2026 | 34.23% |
| Dec 31, 2025 | 36.66% |
| Sep 30, 2025 | 32.57% |
| Jun 30, 2025 | 26.78% |
| Mar 31, 2025 | 28.90% |
| Dec 31, 2024 | 25.47% |
| Sep 30, 2024 | 26.52% |
| Jun 30, 2024 | 28.90% |
| Mar 31, 2024 | 28.19% |
| Dec 31, 2023 | 33.65% |
| Sep 30, 2023 | 34.14% |
| Jun 30, 2023 | 33.36% |
| Mar 31, 2023 | 29.41% |
| Dec 31, 2022 | 27.97% |
| Sep 30, 2022 | 31.31% |
| Jun 30, 2022 | 30.68% |
| Mar 31, 2022 | 29.54% |
| Dec 31, 2021 | 29.09% |
| Sep 30, 2021 | 27.02% |
API Access
dLocal Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=DLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=DLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();