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Mercado Libre MELI Debt-to-equity

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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+69.5%

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$95.21B-21.6%
Enterprise value$92.53B-25.2%
P/E49.6×-9.6×
P/S-2.0×

Profitability

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Gross margin43.9%-2.3pp
Operating margin9.6%-3.2pp
Net margin6%-3.2pp
FCF margin37.2%+8.3pp

Returns & leverage

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Return on equity31.3%-17.8pp
Current ratio1.2×0.0×

Where this comes from

Calculated from Mercado Libre’s reported figures.

Based on the most recent quarter.

The source filing: Mercado Libre’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 8, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001099590-26-000017

FAQ

What is Mercado Libre's debt-to-equity?
Mercado Libre (MELI) reported debt-to-equity of 1.7× in Q1 2026.
How has Mercado Libre's debt-to-equity changed year-over-year?
Mercado Libre's debt-to-equity increased by 9.3% year-over-year, from 1.6× to 1.7×.
What is the long-term trend for Mercado Libre's debt-to-equity?
Over 5 years (2020 to 2025), Mercado Libre's debt-to-equity has grown at a 54.3% compound annual growth rate (CAGR), from 0.2× to 1.7×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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