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Mercado Libre MELI Price / earnings

Price / earnings at other companies

Amazon logo
AmazonAMZN
28.3×-2.3×
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eBayEBAY
20×+4.5×
DoorDash logo
DoorDashDASH
70.4×-156×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
8.2×-6.0×
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
39.9×
Synchrony Financial logo
Synchrony FinancialSYF
6.6×-0.4×

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/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 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 price / earnings?
Mercado Libre (MELI) reported price / earnings of 45.7× in Q1 2026.
How has Mercado Libre's price / earnings changed year-over-year?
Mercado Libre's price / earnings decreased by 4.9% year-over-year, from 48× to 45.7×.
What is the long-term trend for Mercado Libre's price / earnings?
Over 3 years (2022 to 2025), Mercado Libre's price / earnings has grown at a -32.4% compound annual growth rate (CAGR), from 707× to 218.6×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.