Stocktoria

MERCADOLIBRE INC MELI

Nasdaq · stock · Services-Business Services, NEC · website · IPO 2007-08-10 · LEI

MERCADOLIBRE INC statistics & valuation

Market cap$84.9B
P / E42.5×
P / S2.9×
P / B12.6×
Net margin6.9%
Return on equity29.6%
Net debt$5.5B
Net debt / EBITDA1.4×
Enterprise value USD$90.4B
EV / EBITDA22.5×
Earnings yield EBIT/EV3.5%
Return on capital22.8%
Graham number -81.2%$343.51

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($343.51); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
16.10% 1.10% -2.50% -7.50% 0.00% 1.20% 4.50% 6.50% 9.20% 6.90% 2016201720182019202020212022202320242025
Gross margin (%)
63.60% 59.20% 48.40% 48.00% 43.00% 42.50% 48.20% 50.20% 46.10% 44.50% 2016201720182019202020212022202320242025
Operating margin (%)
21.40% 4.60% -4.80% -6.70% 3.20% 6.20% 9.90% 14.60% 12.70% 11.10% 2016201720182019202020212022202320242025
Return on equity (%)
31.80% 4.20% -10.90% -8.70% -0.10% 5.40% 26.40% 32.10% 43.90% 29.60% 2016201720182019202020212022202320242025
Shares outstanding
44.2M 44.2M 45.2M 49.7M 49.9M 50.4M 51.3M 51.0M 50.7M 50.7M 2016201720182019202020212022202320242025
Net debt ($)
$933.0M $2.85B $1.94B $3.08B $5.52B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
10.00% 0.80% -1.60% -3.60% 0.00% 0.80% 3.50% 5.60% 7.60% 4.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
14.40% 17.60% 9.60% 13.70% 23.50% 5.50% 23.10% 30.70% 2016201720182019202020212022202320242025
Debt / equity (×)
2.30× 2.60× 1.46× 1.31× 1.36× 2016201720182019202020212022202320242025
EPS ($)
$3.09 $0.31 -$0.82 -$3.71 -$0.08 $1.67 $9.53 $19.46 $37.69 $39.40 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MERCADOLIBRE INC trades at about 46.4× earnings — below its 10-year norm (10-year range 36.3×–1248.7×, median 76×).

36.3× 1248.7×

Shaded band = 10-year range (36.3×–1248.7×); dot = today's 46.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin44.5%46.1%50.2%48.2%42.5%43.0%48.0%48.4%59.2%63.6%
Operating margin11.1%12.7%14.6%9.9%6.2%3.2%-6.7%-4.8%4.6%21.4%
Net margin6.9%9.2%6.5%4.5%1.2%-0.0%-7.5%-2.5%1.1%16.1%
FCF margin——30.7%23.1%5.5%23.5%13.7%9.6%17.6%14.4%
Return on assets4.7%7.6%5.6%3.5%0.8%-0.0%-3.6%-1.6%0.8%10.0%
Return on equity29.6%43.9%32.1%26.4%5.4%-0.1%-8.7%-10.9%4.2%31.8%
Debt / equity1.36×1.31×1.46×2.60×2.30×—————
Current ratio1.171.211.271.281.401.472.161.301.331.51

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.