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Mercado Libre MELI EBITDA margin

EBITDA margin at other companies

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AmazonAMZN
19.6%0.0pp
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eBayEBAY
23.4%-1.8pp
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DoorDashDASH
10.8%+3.6pp
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PayPal Holdings, Inc.PYPL
20.7%-0.3pp
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Affirm Holdings, Inc.AFRM
18.3%+18.1pp
Global Payments logo
Global PaymentsGPN
35.9%-13.8pp

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×
Current ratio1.2×0.0×

Where this comes from

Calculated from Mercado Libre’s reported figures.

Based on trailing twelve months.

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 EBITDA margin?
Mercado Libre (MELI) reported EBITDA margin of 12.4% in Q1 2026.
How has Mercado Libre's EBITDA margin changed year-over-year?
Mercado Libre's EBITDA margin decreased by 20.8% year-over-year, from 15.6% to 12.4%.
What is the long-term trend for Mercado Libre's EBITDA margin?
Over 3 years (2022 to 2025), Mercado Libre's EBITDA margin has grown at a 10.4% compound annual growth rate (CAGR), from 44.1% to 59.4%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.