MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025.
It is a $96.3B technology company. Revenue grew 46.0% over the last year, it keeps 5¢ of every dollar of sales as profit, and its net debt equals ~0.1 years of free cash flow. It trades at 51.4× earnings — in the cheapest third of its own history.
- Website
- mercadolibre.com
- Location
- Montevideo, X3
- Employees
- 123 670
- Sector
- Technology
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation, growth, profitability and quality.
Valuation75
- P/E vs own history17th pct · 25/25
- FCF yield12.9% · 25/25
- P/S2.7x · 20/25
- EV/EBITDA26.4x · 5/25
Growth75
- Revenue CAGR42.2% · 25/25
- Net income CAGR121.3% · 25/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth41.7% · 25/25
Profitability75
- ROIC25.8% · 25/25
- ROE26.5% · 25/25
- Net margin5.3% · 13/25
- Operating margin8.3% · 12/25
Health50
- Altman Zn/a · 0/25
- Current ratio1.12 · 12/25
- Interest coverage8.9x · 18/25
- Net cash / debtD/A 2% · 20/25
Quality77
- Piotroski F5/9 · 15/25
- Beneish M-3.02 · 25/25
- FCF conversion666% · 25/25
- Margin stabilityσ 8.2% · 12/25
Moat65
- ROIC >12% years7/8 yrs · 20/25
- Median gross margin48.2% · 20/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst -7.5% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- Q2 2026Insiders3 open-market insider purchases~725 shares bought by insiders
- FY2025FinancialBest year on record$2.00B net income
- FY2022FinancialRevenue crossed $10B$10.5B for the year
- FY2017FinancialRevenue crossed $1B$1.40B for the year
- FY2016FinancialFirst recorded profitable year$136M net income
- FY2016FinancialPositive free cash flow every year since10-year streak
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (42.7%)
- Revenue growing 46.0% year over year
- Strong cash conversion — FCF is 35.3% of revenue
- Interest covered 8.9× by operating earnings
- High returns on invested capital (ROIC 25.8%)
Watch-outs
- Loss-making in 3 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+46.0% YoY
- Profitable — makes more than it spends$1.86B TTM
- Profit growing — earnings are higher than last year+61.3% YoY
- Generates cash — cash left after running and investing$12.4B TTM
- Debt under control — could handle its obligations~0.1y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$96.3B market cap
- Not printing shares — share count not ballooning — you keep your slice+1.9% shares over ~5y
- Proven track record — years of profitability behind it7/10 profitable years
- Financially stable — balance sheet not near distresshealth score 30/100
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsP/E 51.4
Peer comparisonMercado Libre, Inc vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| MELI this company | $96.3B | 51.4 | +46.0% | 5.3% | Strained |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: MELI vs NVDA · MELI vs AAPL · MELI vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/MELI
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of MELI on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $1 899.00 · market cap $96.3B.