vs
dLocal Ltd（DLO）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
dLocal Ltd的季度营收约是GIBRALTAR INDUSTRIES, INC.的1.5倍（$337.9M vs $225.0M），dLocal Ltd同比增速更快（65.2% vs 24.9%），dLocal Ltd自由现金流更多（$99.8M vs $26.2M）
dLocal是一家总部位于乌拉圭的金融科技企业，专注于提供跨境支付解决方案，搭建全球商户与新兴市场之间的支付链路，助力国际商户顺畅接入新兴市场本地支付网络，高效开展跨境业务。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
DLO vs ROCK — 直观对比
营收规模更大
DLO
是对方的1.5倍
$225.0M
营收增速更快
DLO
高出40.3%
24.9%
自由现金流更多
DLO
多$73.6M
$26.2M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $337.9M | $225.0M |
| 净利润 | $55.6M | — |
| 毛利率 | 34.3% | 25.3% |
| 营业利润率 | 18.6% | 7.9% |
| 净利率 | 16.5% | — |
| 营收同比 | 65.2% | 24.9% |
| 净利润同比 | 87.3% | — |
| 每股收益（稀释后） | $0.18 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DLOROCK
| Q4 25 | $337.9M | $225.0M | ||
| Q3 25 | $282.5M | $310.9M | ||
| Q2 25 | — | $309.5M | ||
| Q1 25 | — | $290.0M | ||
| Q4 24 | $204.5M | $180.1M | ||
| Q3 24 | $185.8M | $277.1M | ||
| Q2 24 | — | $273.6M | ||
| Q1 24 | — | $292.5M |
净利润DLOROCK
| Q4 25 | $55.6M | — | ||
| Q3 25 | $141.3M | $-89.1M | ||
| Q2 25 | — | $26.0M | ||
| Q1 25 | — | $21.1M | ||
| Q4 24 | $29.7M | — | ||
| Q3 24 | $90.8M | $34.0M | ||
| Q2 24 | — | $32.2M | ||
| Q1 24 | — | $24.9M |
毛利率DLOROCK
| Q4 25 | 34.3% | 25.3% | ||
| Q3 25 | 36.5% | 26.6% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | 40.9% | 29.0% | ||
| Q3 24 | 42.1% | 29.4% | ||
| Q2 24 | — | 30.5% | ||
| Q1 24 | — | 28.9% |
营业利润率DLOROCK
| Q4 25 | 18.6% | 7.9% | ||
| Q3 25 | 19.7% | 12.8% | ||
| Q2 25 | — | 12.8% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | 20.7% | 13.3% | ||
| Q3 24 | 22.1% | 15.6% | ||
| Q2 24 | — | 14.9% | ||
| Q1 24 | — | 10.8% |
净利率DLOROCK
| Q4 25 | 16.5% | — | ||
| Q3 25 | 50.0% | -28.6% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 7.3% | ||
| Q4 24 | 14.5% | — | ||
| Q3 24 | 48.9% | 12.3% | ||
| Q2 24 | — | 11.8% | ||
| Q1 24 | — | 8.5% |
每股收益（稀释后）DLOROCK
| Q4 25 | $0.18 | — | ||
| Q3 25 | $0.17 | $-2.98 | ||
| Q2 25 | — | $0.87 | ||
| Q1 25 | — | — | ||
| Q4 24 | $0.09 | — | ||
| Q3 24 | $0.09 | $1.11 | ||
| Q2 24 | — | $1.05 | ||
| Q1 24 | — | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $719.9M | $115.7M |
| 总债务越低越好 | $86.7M | $0 |
| 股东权益账面价值 | $569.4M | $950.4M |
| 总资产 | $1.5B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.15× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资DLOROCK
| Q4 25 | $719.9M | $115.7M | ||
| Q3 25 | $604.5M | $89.4M | ||
| Q2 25 | — | $43.3M | ||
| Q1 25 | — | $25.1M | ||
| Q4 24 | $425.2M | $269.5M | ||
| Q3 24 | $560.5M | $228.9M | ||
| Q2 24 | — | $179.1M | ||
| Q1 24 | — | $146.7M |
总债务DLOROCK
| Q4 25 | $86.7M | $0 | ||
| Q3 25 | $63.1M | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | $39.8M | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益DLOROCK
| Q4 25 | $569.4M | $950.4M | ||
| Q3 25 | $504.7M | $951.8M | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $489.0M | $1.0B | ||
| Q3 24 | $457.0M | $1.0B | ||
| Q2 24 | — | $975.7M | ||
| Q1 24 | — | $940.2M |
总资产DLOROCK
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.3B |
负债/权益比DLOROCK
| Q4 25 | 0.15× | 0.00× | ||
| Q3 25 | 0.12× | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | 0.08× | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $100.4M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $99.8M | $26.2M |
| 自由现金流率自由现金流/营收 | 29.5% | 11.7% |
| 资本支出强度资本支出/营收 | 0.2% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.80× | — |
| 过去12个月自由现金流最近4个季度 | $378.7M | $120.6M |
8季度趋势，按日历期对齐
经营现金流DLOROCK
| Q4 25 | $100.4M | $35.5M | ||
| Q3 25 | $315.0M | $73.0M | ||
| Q2 25 | — | $44.9M | ||
| Q1 25 | — | $13.7M | ||
| Q4 24 | $-141.1M | $19.9M | ||
| Q3 24 | $108.3M | $64.7M | ||
| Q2 24 | — | $36.5M | ||
| Q1 24 | — | $53.2M |
自由现金流DLOROCK
| Q4 25 | $99.8M | $26.2M | ||
| Q3 25 | $313.4M | $64.8M | ||
| Q2 25 | — | $27.3M | ||
| Q1 25 | — | $2.3M | ||
| Q4 24 | $-141.6M | $14.1M | ||
| Q3 24 | $107.1M | $60.5M | ||
| Q2 24 | — | $33.5M | ||
| Q1 24 | — | $48.8M |
自由现金流率DLOROCK
| Q4 25 | 29.5% | 11.7% | ||
| Q3 25 | 110.9% | 20.8% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | -69.2% | 7.8% | ||
| Q3 24 | 57.6% | 21.8% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 16.7% |
资本支出强度DLOROCK
| Q4 25 | 0.2% | 4.1% | ||
| Q3 25 | 0.6% | 2.6% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | 0.2% | 3.3% | ||
| Q3 24 | 0.7% | 1.5% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 1.5% |
现金转化率DLOROCK
| Q4 25 | 1.80× | — | ||
| Q3 25 | 2.23× | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | -4.75× | — | ||
| Q3 24 | 1.19× | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DLO
暂无分部数据
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
