dLocal Key Ratios (2020-2026)

Reported Financials

dLocal Quarterly Ratios

Periods 25 quarters

Latest Jun 2026

dLocal reported a gross margin of 31.81% and a net margin of 13.67% for the quarter ended Jun 2026. These financial ratios cover 25 quarters of results from Jun 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.

Ratios	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026
Profitability
Gross Margin	50.18%	51.07%	49.80%	49.06%	48.16%	46.53%	45.04%	43.91%	45.47%	37.08%	34.14%	40.76%	42.08%	40.94%	39.16%	38.56%	36.53%	34.27%	35.34%	31.81%
EBT Margin	32.38%	33.65%	31.43%	34.47%	30.95%	19.67%	28.94%	33.24%	30.05%	19.13%	13.46%	32.87%	15.66%	19.95%	23.96%	19.88%	21.66%	19.10%	16.84%	16.26%
EBIT Margin	31.42%	32.21%	33.26%	34.68%	33.28%	22.38%	28.67%	29.64%	31.44%	21.81%	14.59%	17.63%	22.14%	20.67%	21.15%	21.74%	19.68%	18.56%	15.71%	16.05%
EBITDA Margin	35.06%	33.96%	36.85%	38.09%	36.77%	19.81%	32.09%	31.42%	33.34%	23.62%	16.66%	20.02%	24.53%	23.17%	23.59%	23.90%	21.77%	21.38%	18.01%	18.04%
Operating Margin	31.42%	32.21%	33.26%	34.68%	33.28%	22.38%	28.67%	29.64%	31.44%	21.81%	14.59%	17.63%	22.14%	20.67%	21.15%	21.74%	19.68%	18.56%	15.71%	16.05%
Net Margin	28.64%	30.93%	30.06%	30.22%	29.02%	16.34%	25.82%	27.74%	24.59%	15.17%	9.60%	27.00%	14.42%	14.52%	21.51%	16.69%	18.35%	16.44%	12.50%	13.67%
FCF Margin	42.89%	51.60%	86.80%	33.71%	77.40%	-34.82%	61.57%	86.95%	5.07%	34.26%	21.67%	24.65%	21.30%	-66.02%	47.34%	52.43%	32.58%	34.49%	29.52%	33.56%
Efficiency
Assets AverageAssets Avg.	0.50B	0.55B	0.63B	0.70B	0.77B	0.83B	0.85B	0.94B	1.01B	1.05B	1.12B	1.18B	1.18B	1.17B	1.21B	1.24B	1.33B	1.47B	1.68B	2.01B
Equity AverageEquity Avg.	0.24B	0.27B	0.30B	0.33B	0.36B	0.39B	0.40B	0.40B	0.41B	0.44B	0.47B	0.46B	0.45B	0.47B	0.52B	0.55B	0.52B	0.54B	0.56B	0.55B
Invested CapitalInvested Cap.		0.29B	0.32B	0.36B	0.39B	0.40B	0.40B	0.39B	0.43B	0.46B	0.48B	0.44B	0.46B	0.50B	0.55B	0.55B	0.51B	0.57B	0.55B	0.54B
Asset Utilization RatioAsset Util.	0.40	0.44	0.46	0.48	0.49	0.50	0.55	0.56	0.58	0.62	0.62	0.60	0.62	0.64	0.65	0.70	0.72	0.74	0.72	0.68
Leverage & Solvency
Interest Coverage RatioInterest Cover	47.61	0.00B	23.05	5.47	2.99	3.96	6.52	3.92	1.15	0.69	1.49	20.49	2.27	2.86	6.17	2.98	6.42	7.04	4.04	29.62
Debt Ratio		0.01	0.01	0.02	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Times Interest Earned	47.61	0.00B	23.05	5.47	2.99	3.96	6.52	3.92	1.15	0.69	1.49	20.49	2.27	2.86	6.17	2.98	6.42	7.04	4.04	29.62
Dividends & Payouts
Dividend Coverage RatioDiv. Cover																	0.17
FCF Payout RatioFCF Cover																	3.26
Valuation
Price to EarningsP/E	222.41	135.21	105.71	77.36	53.62	42.43	40.77	27.38	40.61	35.15	33.16	18.03	19.86	26.69	15.94	22.19	23.85	21.19	19.91	18.78
Price to SalesP/S	72.36	43.13	31.66	23.22	16.07	11.01	10.25	6.83	9.78	8.05	6.24	3.38	3.25	4.31	3.06	3.75	4.25	3.81	3.15	2.83
Price to BookP/B	57.49	37.57	29.74	22.57	16.03	11.54	11.95	9.29	13.18	11.50	9.13	5.41	5.18	6.57	4.37	5.94	8.08	7.32	6.91	7.09
Enterprise Value	14.36B	10.19B	8.81B	7.29B	5.51B	4.14B	4.29B	3.06B	5.18B	4.70B	3.78B	1.86B	1.81B	2.66B	1.87B	2.64B	3.38B	3.35B	2.91B	2.96B
EV to EBIT	200.22	121.58	93.61	66.09	43.75	32.39	31.02	20.31	31.36	26.16	22.60	12.45	12.98	18.93	11.72	14.24	16.93	15.24	12.84	12.57
EV to EBITDA	185.95	112.59	85.14	60.39	40.00	30.61	29.12	19.24	29.97	24.26	20.95	11.36	11.66	16.84	10.48	12.83	15.26	13.61	11.40	11.10
Market Capitalization	14.65B	10.53B	9.22B	7.74B	6.05B	4.61B	4.80B	3.61B	5.68B	5.24B	4.35B	2.39B	2.37B	3.21B	2.38B	3.24B	4.08B	4.17B	3.83B	3.83B
Price to FCFP/FCF	137.21	97.06	50.95	43.31	25.66	29.68	29.29	13.38	29.62	17.61	17.21	15.46	12.72		48.19	22.86	21.00	9.36	8.65	8.67
EV to FCF	134.46	93.96	48.69	40.77	23.36	26.67	26.14	11.35	27.02	15.81	14.95	12.03	9.71		37.84	18.60	17.40	7.52	6.59	6.69
EV to CFO	134.46	93.96	48.69	40.89	23.44	26.83	26.28	11.39	27.17	15.85	15.00	12.05	9.71		43.20	19.44	17.67	7.66	6.71	6.82
Return Ratios
Return on Sales [ROS]ROS	31.42%	32.21%	33.26%	34.68%	33.28%	22.38%	28.67%	29.64%	31.44%	21.81%	14.59%	17.63%	22.14%	20.67%	21.15%	21.74%	19.68%	18.56%	15.71%	16.05%
Return on Capital Employed [ROCE]ROCE	28.90%	33.40%	35.75%	33.03%	39.40%	31.34%	35.87%	46.24%	37.39%	42.70%	37.44%	34.96%	29.40%	12.54%	30.98%	38.94%	46.66%	15.84%	54.25%	12.10%
Return on Invested Capital [ROIC]ROIC			31.29%	32.73%	33.55%	32.25%	34.37%	38.02%	40.18%	40.45%	35.81%	32.50%	30.78%	29.37%	30.62%	33.82%	37.81%	40.79%	40.33%	42.91%
Return on Assets [ROA]ROA	13.06%	14.17%	13.76%	14.36%	14.61%	13.09%	13.90%	14.04%	13.88%	14.25%	11.73%	11.29%	10.08%	10.29%	12.38%	11.76%	12.90%	13.35%	11.42%	10.16%
Return on Equity [ROE]ROE	27.02%	29.09%	29.54%	30.68%	31.31%	27.97%	29.41%	33.36%	34.14%	33.65%	28.19%	28.90%	26.52%	25.47%	28.90%	26.78%	32.57%	36.66%	34.23%	37.32%

dLocal Ratios API

Pull dLocal's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/statements?ticker=DLO&statement=Ratios&frequency=Quarter&period=all&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/statements"
params = {"ticker": "DLO", "statement": "Ratios", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/statements?ticker=DLO&statement=Ratios&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

dLocal DLO Ratios (2020-2026)

dLocal Quarterly Ratios

dLocal Ratios API

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