dLocal Ratios (2019-2025) | DLO

Ratios Dec2019 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
Gross Margin 55.81%54.72%59.65%57.80%57.31%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%
EBT Margin 38.23%30.97%36.36%45.47%32.74%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%
EBIT Margin 37.91%30.28%35.94%46.66%32.09%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%
EBITDA Margin 35.45%40.52%24.71%42.58%31.15%28.08%30.39%31.37%29.13%28.55%16.78%26.91%28.84%23.51%10.33%9.24%23.72%14.16%12.36%23.16%18.37%17.41%
Operating Margin 37.91%30.28%35.94%46.66%32.09%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%
Net Margin 35.90%28.75%33.47%42.54%31.15%28.64%30.93%31.39%30.22%29.02%16.78%26.90%28.78%24.59%15.17%9.60%27.00%14.42%14.52%23.15%18.33%18.35%
FCF Margin 111.62%9.51%62.90%43.50%59.77%86.89%33.71%77.40%-34.82%61.61%86.95%5.07%32.67%22.10%17.08%21.33%-68.81%44.45%48.73%33.77%
Efficiency
Assets Average 504.78M549.44M633.77M697.62M772.64M830.44M848.32M939.56M1,008.17M1,046.01M1,120.23M1,175.84M1,183.42M1,171.24M1,206.49M1,231.48M1,315.03M
Invested Capital 24.53M190.81M285.30M399.62M100.00M455.14M16.77M528.75M54.25M56.81M63.08M
Asset Utilization Ratio 0.400.440.460.480.490.500.550.560.580.620.620.600.620.640.650.700.73
Leverage & Solvency
Interest Coverage Ratio -182.00-667.1498.08-40.5783.34-78.43-744.42-22.39-6.65-4.01-3.01-7.03-4.18-1.20-0.72-1.50-25.12-2.36-3.22-8.72-3.74-13.78
Debt to Equity 0.020.10
Debt Ratio 0.010.010.040.040.050.04
Equity Ratio 0.220.480.480.420.42
Times Interest Earned -182.00-667.1498.08-40.5783.34-78.43-744.42-22.39-6.65-4.01-3.01-7.03-4.18-1.20-0.72-1.50-25.12-2.36-3.22-8.72-3.74-13.78
Dividends & Payouts
FCF Payout Ratio 0.78-1.20
Valuation
Enterprise Value -50.16M-34.77M-120.05M-111.73M-267.21M-112.80M-337.20M-411.35M-337.26M-543.36M-469.39M-468.43M-587.73M-653.31M-638.84M-680.13M-651.92M-648.41M-431.40M-550.66M-427.73M-426.78M
Return Ratios
Return on Sales 0.41%0.34%0.21%0.49%0.35%0.36%0.36%0.33%0.39%0.33%0.23%0.32%0.39%0.35%0.23%0.17%0.39%0.17%0.25%0.26%0.23%0.25%
Return on Capital Employed 0.29%0.33%0.36%0.33%0.39%0.31%0.36%0.46%0.37%0.43%0.37%0.35%0.29%0.28%0.31%0.40%0.48%
Return on Invested Capital 1.91%0.75%0.72%1.80%2.82%0.62%0.62%2.15%1.46%
Return on Assets 0.14%0.17%0.16%0.17%0.17%0.16%0.17%0.18%0.19%0.20%0.17%0.17%0.15%0.16%0.17%0.16%0.18%