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MELI · Nasdaq · United States · Services-Business Services, Nec
In shortMERCADOLIBRE INC is profitable, generates cash and carries moderate debt, with revenue growing (+39.1% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 11.1% | 54/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 6.9% | 48/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 36.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 14.1% | 94/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.17× | 31/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.36× | 35/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.72× | 94/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.90 | 21/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 37.3% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 5.39× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 17.0% | 48/100 |
| Operating margin volatility | 3.1% | 80/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 38.9% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 60.5% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 7,069 | 10,780 | 15,107 | 20,777 | 28,893 |
| Cost of revenue | 4,064 | 5,582 | 7,517 | 11,200 | 16,035 |
| Gross profit | 3,005 | 5,198 | 7,590 | 9,577 | 12,858 |
| Research & development | 590 | 1,099 | 1,831 | 1,934 | 2,269 |
| Operating income | 441 | 1,069 | 2,207 | 2,631 | 3,201 |
| Pre-tax income | 241 | 780 | 1,553 | 2,432 | 2,842 |
| Income tax | 149 | 298 | 569 | 521 | 845 |
| Net income | 83 | 482 | 987 | 1,911 | 1,997 |
| Diluted EPS | $1.67 | $9.53 | $19.46 | $37.69 | $39.40 |
| Diluted shares (millions) | 50 | 51 | 51 | 51 | 51 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of MERCADOLIBRE INC are included in the Investor plan. Try free for 7 days →
1.90 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026