US · USD
MELI
MercadoLibre Inc.
- Day's range
- US$1,668.44 – US$1,731.36
- Day's volume
- US$1.2bn
- 52-week range
- US$1,546.81 – US$2,360.76
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See how MELI weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountMELI in numbers
- Market cap
- US$85.4bn
- P/E
- 45.86
- P/B
- 10.91
- Dividend yield (12m)
- 0.00%
- Net debt/EBITDA
- 1.26
MELI trades at 45.86 times its earnings of the last 12 months.
MELI price history
MELI risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -26.03% | +36.33% | +2.93% |
| Volatility (annualised) | 28.21% | 36.65% | 42.48% |
| Largest drawdown | -27.44% | -35.12% | -62.08% |
| Positive months | 5/12 | 16/36 | 27/60 |
How much did investing in MELI return?
US$1,000.00 invested on 01/09/2021 would be worth US$1,029.25 today.
- Value today in MELI
- US$1,029.25
- Return over the period
- +2.93%
- Return per year
- +0.58%
- In the S&P 500
- US$1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
MELI fundamentals
Valuation
- P/E45.86
- P/B10.91
- EV/EBITDA23.21
- EV/EBIT31.07
- EV/Revenue3.69
- P/EBIT29.39
- P/S3.49
- P/OCF6.14
- P/FCF—
- Earnings yield3.22%
- PEG ratio—
- Earnings per shareUS$36.75
- Book value per shareUS$154.53
Debt
- Net debtUS$4.9bn
- Net debt/EBITDA1.26
- Net debt/Equity0.62
- Debt/Equity1.36
- Current ratio1.12
- Quick ratio1.10
- Cash ratio0.16
Efficiency
- Gross margin61.38%
- EBITDA margin15.91%
- Operating margin11.88%
- Net margin7.62%
- Asset turnover0.48
Profitability
- ROE23.78%
- ROA3.63%
- ROIC16.33%
- Payout0.00%
Growth
- Revenue CAGR (5 years)34.66%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is MELI's fair price?
Two classic value formulas, with today's numbers. The current price is US$1,685.12.
- Graham's fair price
- US$357.44
- 78.79% below the price
√(22.50 × US$36.75 × US$154.53)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to MELI: it paid no distributions in the last five years.
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
MELI indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 51.14 | 45.11 | 80.72 | 88.24 | 819.10 | -83,542.76 | -165.30 | -361.83 |
| P/B | 15.13 | 19.81 | 25.94 | 23.28 | 44.41 | 50.60 | 14.34 | 39.32 |
| EV/EBITDA | 26.13 | 26.11 | 28.61 | 29.24 | 105.59 | 358.55 | — | — |
| Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% |
| Earnings per share | US$39.39 | US$37.69 | US$19.47 | US$9.59 | US$1.65 | -US$0.02 | -US$3.46 | -US$0.81 |
| Book value per share | US$133.10 | US$85.82 | US$60.58 | US$36.35 | US$30.37 | US$33.11 | US$39.89 | US$7.45 |
| ROE | 29.59% | 43.92% | 32.14% | 26.38% | 5.42% | -0.06% | -8.67% | -10.87% |
| ROIC | 23.33% | 70.18% | 91.40% | 28.28% | 10.18% | 0.00% | -7.72% | -11.53% |
| Gross margin | 63.23% | 63.27% | 72.38% | 69.77% | 52.63% | 43.00% | 48.00% | 48.42% |
| EBITDA margin | 19.76% | 21.46% | 26.04% | 19.76% | 11.30% | 5.86% | -3.48% | -1.65% |
| Net margin | 9.82% | 12.62% | 9.41% | 6.47% | 1.45% | -0.03% | -7.49% | -2.54% |
| Net debt/EBITDA | 0.72 | -0.43 | -0.56 | 0.35 | 0.19 | — | — | — |
MELI financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | US$20.3bn | US$15.1bn | US$10.5bn | US$7.5bn | US$5.7bn | US$4bn |
| Cost of sales | -US$16bn | -US$11.2bn | -US$7.5bn | -US$5.6bn | -US$4.1bn | -US$2.3bn |
| Gross profit | US$12.9bn | US$9.6bn | US$7.6bn | US$5.2bn | US$3bn | US$1.7bn |
| EBITDA | US$4bn | US$3.2bn | US$2.7bn | US$1.5bn | US$645m | US$233m |
| EBIT | US$3.2bn | US$2.6bn | US$2.2bn | US$1.1bn | US$441m | US$128m |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | US$2.8bn | US$2.4bn | US$1.6bn | US$780m | US$241m | US$81m |
| Income tax | -US$845m | -US$521m | -US$569m | -US$298m | -US$149m | -US$82m |
| Net income | US$2bn | US$1.9bn | US$987m | US$482m | US$83m | -US$1m |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does MELI pay dividends?
Dividend yield per year
- 0.19%2017
- 0.05%2018
- 0.00%2019
- 0.00%2020
- 0.00%2021
- 0.00%2022
- 0.00%2023
- 0.00%2024
- 0.00%2025
- 0.00%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 27/12/2017 | 16/01/2018 | US$0.15 |
| Dividend | 27/09/2017 | 16/10/2017 | US$0.15 |
| Dividend | 27/06/2017 | 17/07/2017 | US$0.15 |
| Dividend | 28/03/2017 | 17/04/2017 | US$0.15 |
| Dividend | 27/12/2016 | 16/01/2017 | US$0.15 |
About Mercadolibre
- Sector
- Services
Questions about MELI
How much is MELI today?
MELI is at US$1,685.12 (-2.51% on the day), last traded on 01/10/2026.
How much did MELI pay in dividends in 2025?
MELI paid US$0.00 per share in 2025, a dividend yield of 0.00%.
What are the P/E and P/B of MELI?
MELI trades at a P/E of 45.86 and a P/B of 10.91.
How much did MELI return in 12 months?
MELI returned -26.03% in 12 months, with annualised volatility of 28.21% and a largest drawdown of -27.44%.