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Mercado Libre MELI Current ratio

Current ratio at other companies

Amazon logo
AmazonAMZN
1.2×+0.1×
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eBayEBAY
1.2×+0.1×
DoorDash logo
DoorDashDASH
1.4×-0.3×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
1.3×0.0×
Global Payments logo
Global PaymentsGPN
0.8×-0.2×

Other financials

Income statement

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Revenue$8.8B+49.0%
Gross profit$3.9B+39.4%
Operating income$611.0M-19.9%
Net income$417.0M-15.6%
EPS (diluted)$8.23-15.5%

Balance sheet

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Cash & equivalents$15.1B+237%
Total debt$12.5B+59.0%
Total equity$7.3B+45.5%
Total assets$46.9B+69.6%

Cash flow

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Operating cash flow$2.1B+101%
CapEx$271.0M-0.4%
Free cash flow$1.8B+138%

Valuation

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Market cap$82.73B-11.4%
Enterprise value$80.05B-16.9%
P/E43.1×-2.2×
P/S2.6×-1.6×

Profitability

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Gross margin43.9%-2.3pp
Operating margin9.6%-3.2pp
Net margin6%-3.2pp

Returns & leverage

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Return on equity31.3%-17.8pp
Debt / equity1.7×+0.1×

Where this comes from

Calculated from Mercado Libre’s reported figures.

Based on the most recent quarter.

The official record: Mercado Libre’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercado Libre's current ratio?
Mercado Libre (MELI) reported current ratio of 1.2× in Q1 2026.
How has Mercado Libre's current ratio changed year-over-year?
Mercado Libre's current ratio decreased by 3.5% year-over-year, from 1.2× to 1.2×.
What is the long-term trend for Mercado Libre's current ratio?
Over 4 years (2021 to 2025), Mercado Libre's current ratio has grown at a -1.4% compound annual growth rate (CAGR), from 5× to 4.7×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.