US · USD
MELI
MercadoLibre Inc.
- Day's range
- $1,668.44 – $1,731.36
- Day's volume
- $1.2B
- 52-week range
- $1,546.81 – $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
- $85.4B
- 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 (annualized) | 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?
$1,000.00 invested on 09/01/2021 would be worth $1,029.25 today.
- Value today in MELI
- $1,029.25
- Return over the period
- +2.93%
- Return per year
- +0.58%
- In the S&P 500
- $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 share$36.75
- Book value per share$154.53
Debt
- Net debt$4.9B
- 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 $1,685.12.
- Graham's fair price
- $357.44
- 78.79% below the price
√(22.50 × $36.75 × $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 stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
MELI's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| 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 | $39.39 | $37.69 | $19.47 | $9.59 | $1.65 | -$0.02 | -$3.46 | -$0.81 |
| Book value per share | $133.10 | $85.82 | $60.58 | $36.35 | $30.37 | $33.11 | $39.89 | $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's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $20.3B | $15.1B | $10.5B | $7.5B | $5.7B | $4B |
| Cost of revenue | -$16B | -$11.2B | -$7.5B | -$5.6B | -$4.1B | -$2.3B |
| Gross profit | $12.9B | $9.6B | $7.6B | $5.2B | $3B | $1.7B |
| EBITDA | $4B | $3.2B | $2.7B | $1.5B | $645M | $233M |
| EBIT | $3.2B | $2.6B | $2.2B | $1.1B | $441M | $128M |
| Financial result | — | — | — | — | — | — |
| Income before tax | $2.8B | $2.4B | $1.6B | $780M | $241M | $81M |
| Income tax | -$845M | -$521M | -$569M | -$298M | -$149M | -$82M |
| Net income | $2B | $1.9B | $987M | $482M | $83M | -$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 | 12/27/2017 | 01/16/2018 | $0.15 |
| Dividend | 09/27/2017 | 10/16/2017 | $0.15 |
| Dividend | 06/27/2017 | 07/17/2017 | $0.15 |
| Dividend | 03/28/2017 | 04/17/2017 | $0.15 |
| Dividend | 12/27/2016 | 01/16/2017 | $0.15 |
About Mercadolibre
- Sector
- Services
Questions about MELI
How much is MELI today?
MELI is at $1,685.12 (-2.51% on the day), last traded on 10/01/2026.
How much did MELI pay in dividends in 2025?
MELI paid $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 annualized volatility of 28.21% and a largest drawdown of -27.44%.