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Side-by-side financial comparison of dLocal Ltd (DLO) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.
dLocal Ltd is the larger business by last-quarter revenue ($337.9M vs $284.8M, roughly 1.2× MATTHEWS INTERNATIONAL CORP). dLocal Ltd runs the higher net margin — 16.5% vs 15.3%, a 1.1% gap on every dollar of revenue. On growth, dLocal Ltd posted the faster year-over-year revenue change (65.2% vs -29.1%). dLocal Ltd produced more free cash flow last quarter ($99.8M vs $-57.2M).
dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.
Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.
DLO vs MATW — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $337.9M | $284.8M |
| Net Profit | $55.6M | $43.6M |
| Gross Margin | 34.3% | 35.0% |
| Operating Margin | 18.6% | 34.2% |
| Net Margin | 16.5% | 15.3% |
| Revenue YoY | 65.2% | -29.1% |
| Net Profit YoY | 87.3% | 1356.6% |
| EPS (diluted) | $0.18 | $1.39 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $337.9M | $284.8M | ||
| Q3 25 | $282.5M | — | ||
| Q4 24 | $204.5M | — | ||
| Q3 24 | $185.8M | — |
| Q4 25 | $55.6M | $43.6M | ||
| Q3 25 | $141.3M | — | ||
| Q4 24 | $29.7M | — | ||
| Q3 24 | $90.8M | — |
| Q4 25 | 34.3% | 35.0% | ||
| Q3 25 | 36.5% | — | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 42.1% | — |
| Q4 25 | 18.6% | 34.2% | ||
| Q3 25 | 19.7% | — | ||
| Q4 24 | 20.7% | — | ||
| Q3 24 | 22.1% | — |
| Q4 25 | 16.5% | 15.3% | ||
| Q3 25 | 50.0% | — | ||
| Q4 24 | 14.5% | — | ||
| Q3 24 | 48.9% | — |
| Q4 25 | $0.18 | $1.39 | ||
| Q3 25 | $0.17 | — | ||
| Q4 24 | $0.09 | — | ||
| Q3 24 | $0.09 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $719.9M | $31.4M |
| Total DebtLower is stronger | $86.7M | $529.8M |
| Stockholders' EquityBook value | $569.4M | $543.2M |
| Total Assets | $1.5B | $1.6B |
| Debt / EquityLower = less leverage | 0.15× | 0.98× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $719.9M | $31.4M | ||
| Q3 25 | $604.5M | — | ||
| Q4 24 | $425.2M | — | ||
| Q3 24 | $560.5M | — |
| Q4 25 | $86.7M | $529.8M | ||
| Q3 25 | $63.1M | — | ||
| Q4 24 | $39.8M | — | ||
| Q3 24 | — | — |
| Q4 25 | $569.4M | $543.2M | ||
| Q3 25 | $504.7M | — | ||
| Q4 24 | $489.0M | — | ||
| Q3 24 | $457.0M | — |
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $1.4B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | — | — |
| Q4 25 | 0.15× | 0.98× | ||
| Q3 25 | 0.12× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $100.4M | $-52.0M |
| Free Cash FlowOCF − Capex | $99.8M | $-57.2M |
| FCF MarginFCF / Revenue | 29.5% | -20.1% |
| Capex IntensityCapex / Revenue | 0.2% | 1.8% |
| Cash ConversionOCF / Net Profit | 1.80× | -1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $378.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $100.4M | $-52.0M | ||
| Q3 25 | $315.0M | — | ||
| Q4 24 | $-141.1M | — | ||
| Q3 24 | $108.3M | — |
| Q4 25 | $99.8M | $-57.2M | ||
| Q3 25 | $313.4M | — | ||
| Q4 24 | $-141.6M | — | ||
| Q3 24 | $107.1M | — |
| Q4 25 | 29.5% | -20.1% | ||
| Q3 25 | 110.9% | — | ||
| Q4 24 | -69.2% | — | ||
| Q3 24 | 57.6% | — |
| Q4 25 | 0.2% | 1.8% | ||
| Q3 25 | 0.6% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.7% | — |
| Q4 25 | 1.80× | -1.19× | ||
| Q3 25 | 2.23× | — | ||
| Q4 24 | -4.75× | — | ||
| Q3 24 | 1.19× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
