DLocal (FRA:86G) EBITDA Margin %: 20.80% (As of Mar. 2026) — 32% Below Median


FRA:86G DLocal Ltd FRA:86G
75 GF Score
Price €13.00
GF Value €16.85
Valuation Modestly Undervalued
! 4 Warning Signs
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What is DLocal EBITDA Margin %?

DLocal FRA:86G 75 EBITDA Margin % is 20.80% as of Mar. 2026, which is 32% below its 10-year median of 30.70. GuruFocus rates FRA:86G with a GF Score™ of 75/100 and a GF Value™ of €16.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,813 Software companies, DLocal ranks better than 79.74% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. DLocal's EBITDA for the three months ended in Mar. 2026 was €60 Mil. DLocal's Revenue for the three months ended in Mar. 2026 was €291 Mil. Therefore, DLocal's EBITDA margin for the quarter that ended in Mar. 2026 was 20.80%.


DLocal  (FRA:86G) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


DLocal EBITDA Margin % Related Terms


DLocal EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for DLocal's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DLocal EBITDA Margin % Chart

DLocal Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial 37.03 30.70 29.42 22.64 23.33

DLocal Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.82 27.85 25.49 14.58 20.80

FRA:86G vs FOUR, BOX, BLSH: EBITDA Margin % Comparison

For the Software - Infrastructure subindustry, DLocal's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DLocal EBITDA Margin % vs Software Industry

For the Software industry and Technology sector, DLocal's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where DLocal's EBITDA Margin % falls into.


FRA:86G
75GF Score
DLocal Ltd FRA:86G
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DLocal EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

DLocal's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=217.913/933.923
=23.33 %

DLocal's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=60.427/290.521
=20.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 20.80% mean?
DLocal (FRA:86G) has a EBITDA Margin % of 20.80% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on DLocal and its competitors. This is 32% below median its historical median of 30.70. Over the past decade, DLocal's EBITDA Margin % has ranged from 21.65 to 37.03. According to the industry distribution chart, DLocal ranks #570 out of 2813 companies in the Software industry, placing it in the top 20.3%.
Is DLocal's EBITDA Margin % too high?
DLocal's current EBITDA Margin % of 20.80% is 32% below median its 10-year median of 30.70. Over the past 10 years, this metric has ranged from a low of 21.65 to a high of 37.03. The Software industry median EBITDA Margin % is 8.09. DLocal's value of 20.80% is 157.1% above this industry median. Based on the distribution chart, DLocal ranks #570 out of 2813 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, DLocal has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DLocal's EBITDA Margin % compare to FOUR and BOX?
According to the Software industry distribution chart, DLocal ranks #570 out of 2813 companies for EBITDA Margin %. This places DLocal in the top 20% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.09. DLocal's value of 20.80% is 157.1% above this benchmark. Historically, DLocal's own EBITDA Margin % has ranged from 21.65 to 37.03 over the past decade. While the company's 10-year median is 30.70 vs. the industry median of 8.09, DLocal has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.09, based on 2,813 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DLocal's current EBITDA Margin % of 20.80% is 157.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on DLocal and its competitors. For the Software industry, the median EBITDA Margin % is 8.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLocal's current EBITDA Margin % is 20.80%, which is 32% below median its own 10-year median of 30.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLocal stock overvalued right now?
Based on GuruFocus' analysis, DLocal (FRA:86G) is currently considered Modestly Undervalued. The stock's GF Value™ is €16.85, compared to a current price of €13.00 — trading 22.8% below its estimated fair value. The current EBITDA Margin % is 20.80%, which is 32% below median its 10-year median of 30.70 and 157.1% above the Software industry median of 8.09. DLocal's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For DLocal (FRA:86G), the current EBITDA Margin % is 20.80% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DLocal (FRA:86G) Overvalued in 2026?

Based on GuruFocus' analysis, DLocal stock appears to be undervalued. The current stock price of €13.00 is trading 22.8% below its estimated GF Value™ of €16.85. GuruFocus considers DLocal to be Modestly Undervalued.

Key valuation signals for FRA:86G:

  • EBITDA Margin %: 20.80% (32% below median its 10-year median of 30.70)
  • GF Value™: €16.85 vs. price of €13.00 (22.8% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 157.1% above the Software median (#570 of 2813)

No single metric tells the full story. See the FRA:86G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DLocal Business Description

Other Exchanges DLO:USADLON:Mexico
Address Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102
DLocal Ltd is focused on making the complex simple, redefining the online payment experience in emerging markets. Through its technology platform, One dLocal, the company enables world-wide enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The company earns revenue from fees charged to merchants in connection with payment processing services for cross-border and local payment transactions. The company operates in a single operating segment, which is payment processing. The company's geographical segments include Latin America and Non-Latin America, with a majority of its revenue being generated from Brazil in the Latin America region.
75GF Score

Get the complete analysis for FRA:86G

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.00
Price
€16.85
GF Value