MercadoLibre Inc (MELI)

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform. It also provides Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which grants loans and obtains better funding alternatives; and Mercado Mercado Envios that facilitates the shipping of goods from the Company and sellers to buyers. In addition, the company provides Mercado Libre Classifieds, where users can list vehicles, properties, and services; Mercado Ads, an advertising platform, which enables retailers and brands to promote their products and services on the platform. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

Ticker
MELI
Exchange
Nasdaq
Sector
Consumer Cyclical
Industry
Internet Retail
Market cap
$76.55B
52-week range
$1469.01 - $2342.00

Valuation

Share price
$1510.00 (close of Nov 6, 2026)
P/E (TTM)
40.50x
Price to book
9.34x
Price to free cash flow
6.25x
Enterprise value
$85.33B
Book value per share
$161.75

Price performance

PeriodChange
1 day-1.33%
5 days-7.05%
1 month-18.73%
3 months-17.49%
6 months-17.99%
Year to date-25.03%
1 year-29.05%
3 years+9.84%
5 years-7.35%
10 years+804.79%
All time+5,198.25%

Short interest

As of
Oct 15, 2026
Short % of float
2.01%
Shares short
1.01M
Days to cover
2.07
Change since prior report
+13.07%
Source
FINRA consolidated short interest

Members of Congress who disclosed MELI trades

Gilbert Ray Cisneros · Marjorie Taylor Greene · Val Hoyle · Jonathan Jackson · Josh Gottheimer · Robert Bresnahan

Super investors holding MELI

Henry Ellenbogen (Durable Capital Partners LP) · Chase Coleman (Tiger Global Management) · Ken Griffin (Citadel) · Polen Capital Mgmt (Polen Capital Management LLC) · Ray Dalio (Bridgewater Associates) · Wallace Weitz (Weitz Investment Management) · Dodge & Cox (Dodge & Cox Funds) · Bill Miller (Miller Value Partners, LLC)

Profitability and growth

Return on equity
29.59%
Return on invested capital
12.99%
Return on assets
4.68%
Return on capital employed
22.81%
Gross margin
44.50%
Net margin
6.91%
EBITDA margin
13.91%
Revenue growth
39.06%
Net income growth
4.50%
Free cash flow growth
52.64%

Cash flow and balance sheet

Free cash flow yield (TTM)
16.01%
Current ratio
1.17x
Net debt to EBITDA
2.26x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$28.89B
Cost of revenue
$16.04B
Gross profit
$12.86B
EBITDA
$4.02B
Net income
$2.00B
Earnings per share
$39.40
Research and development
$2.27B
Shares outstanding
50.70M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$28.89B$12.86B$2.00B$39.40
2024-12-31$20.78B$9.58B$1.91B$37.69
2023-12-31$15.11B$7.59B$987.00M$19.64
2022-12-31$10.78B$5.20B$482.00M$9.57
2021-12-31$5.71B$3.00B$83.00M$1.67
2020-12-31$3.97B$1.71B-$1.00M-$0.08
2019-12-31$2.30B$1.10B-$172.00M-$3.71
2018-12-31$1.44B$697.01M-$36.59M-$0.82
2017-12-31$1.22B$719.60M$13.78M$0.31
2016-12-31$844.40M$536.86M$136.37M$3.09

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3144.50%6.91%29.59%12.99%
2024-12-3146.09%9.20%43.92%18.84%
2023-12-3150.24%6.53%32.14%19.49%
2022-12-3148.22%4.47%26.38%10.65%
2021-12-3152.63%1.45%5.42%4.30%
2020-12-3143.00%-0.03%-0.06%2.27%
2019-12-3148.00%-7.49%-8.67%-5.43%
2018-12-3148.42%-2.54%-10.87%-4.05%
2017-12-3159.15%1.13%4.23%8.64%
2016-12-3163.58%16.15%31.80%30.80%

Cash and debt by year

Period endCashDebt
2025-12-31$6.30B$9.19B
2024-12-31$7.12B$5.71B
2023-12-31$6.04B$4.50B
2022-12-31$4.25B$4.76B
2021-12-31$3.40B$3.52B
2020-12-31$2.46B$860.88M
2019-12-31$2.98B$631.35M
2018-12-31$901.87M$602.23M
2017-12-31$597.69M-
2016-12-31$487.46M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$10.77B-
2024-12-31$7.06B-
2023-12-31$4.63B-
2022-12-31$2.49B-
2021-12-31$392.00M-
2020-12-31$935.00M-
2019-12-31$314.29M-
2018-12-31$137.77M$27.52M
2017-12-31$213.85M$35.72M
2016-12-31$121.73M$22.98M

Dividend history

Most recent payment
Dec 28, 2017
Payment dateDividend per share
2017-12-28$0.15
2017-09-28$0.15
2017-06-28$0.15
2017-03-29$0.15
2016-12-28$0.15
2016-09-28$0.15
2016-06-28$0.15
2016-03-29$0.15

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-11-04Sep 2026$9.41
2026-08-05Jun 2026$8.69
2026-05-07Mar 2026$8.78
2026-02-24Dec 2025$11.77
2025-10-29Sep 2025$9.43
2025-08-04Jun 2025$12.01
2025-05-07Mar 2025$7.67
2025-02-20Dec 2024$7.26

Filings and sources

Company website
mercadolibre.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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