MercadoLibre (MELI) Financials

$2,579.21 +0.86 (+0.03%)

As of 04:00 PM Eastern

Annual Income Statements for MercadoLibre

This table shows MercadoLibre's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	1,911	987	482	83	-1.00	-172	-37	14	136	106
Consolidated Net Income / (Loss)	1,911	987	482	83	-1.00	-172	-37	14	136	106
Net Income / (Loss) Continuing Operations	1,911	987	482	83	-1.00	-172	-37	14	136	106
Total Pre-Tax Income	2,432	1,553	780	241	81	-107	-65	54	185	150
Total Operating Income	2,631	2,207	1,069	441	128	-153	-69	56	181	139
Total Gross Profit	7,719	6,540	4,125	2,570	1,576	1,102	697	720	537	360
Total Revenue	20,777	15,107	10,780	7,069	3,974	2,296	1,440	1,217	844	652
Operating Revenue	20,777	15,107	10,780	7,069	3,974	2,296	1,440	1,217	844	652
Total Cost of Revenue	13,058	8,567	6,655	4,499	2,398	1,194	743	497	308	291
Operating Cost of Revenue	11,200	7,517	5,582	4,064	2,265	1,194	743	497	308	291
Other Cost of Revenue	1,858	1,050	1,073	435	133	-	-	-	-	-
Total Operating Expenses	5,088	4,333	3,056	2,129	1,448	1,255	766	663	356	221
Selling, General & Admin Expense	963	766	661	465	327	197	138	122	87	76
Marketing Expense	2,191	1,736	1,296	1,074	768	834	482	325	156	129
Research & Development Expense	1,934	1,831	1,099	590	353	224	146	127	98	-
Total Other Income / (Expense), net	-199	-654	-289	-200	-47	46	4.03	-2.20	4.27	11
Interest Expense	165	174	135	229	107	66	56	26	26	20
Interest & Investment Income	148	135	44	138	103	114	42	46	35	21
Other Income / (Expense), net	-182	-615	-198	-109	-43	-1.73	18	-22	-5.57	11
Income Tax Expense	521	569	298	149	82	65	-29	40	49	45
Other Gains / (Losses), net	0.00	3.00	0.00	-9.00	0.00	0.00	-	-	-	-
Basic Earnings per Share	$37.69	$19.64	$9.57	$1.67	($0.08)	($3.71)	($0.82)	$0.31	$3.09	$2.40
Weighted Average Basic Shares Outstanding	50.70M	50.26M	50.35M	49.80M	49.74M	48.69M	44.53M	44.16M	44.16M	44.16M
Diluted Earnings per Share	$37.69	$19.46	$9.53	$1.67	($0.08)	($3.71)	($0.82)	$0.31	$3.09	$2.40
Weighted Average Diluted Shares Outstanding	50.70M	51.01M	51.34M	49.80M	49.74M	48.69M	44.53M	44.16M	44.16M	44.16M
Weighted Average Basic & Diluted Shares Outstanding	50.70M	50.70M	50.26M	50.42M	49.87M	49.71M	44.60M	44.50M	44.10M	44.10M

This table shows MercadoLibre's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	494	639	397	531	344	165	359	262	201	165	129
Consolidated Net Income / (Loss)	494	639	397	531	344	165	359	262	201	165	129
Net Income / (Loss) Continuing Operations	494	639	397	531	344	165	359	262	201	165	129
Total Pre-Tax Income	706	763	520	668	481	230	531	472	320	308	198
Total Operating Income	763	820	557	726	528	335	785	669	418	384	296
Total Gross Profit	2,168	2,222	1,932	1,915	1,650	1,529	1,818	1,831	1,362	1,011	1,060
Total Revenue	5,935	6,059	5,312	5,073	4,333	4,409	3,927	3,585	3,186	3,245	2,690
Operating Revenue	5,935	6,059	5,312	5,073	4,333	4,409	3,927	3,585	3,186	3,245	2,690
Total Cost of Revenue	3,767	3,837	3,380	3,158	2,683	2,658	2,109	1,976	1,824	2,234	1,630
Operating Cost of Revenue	3,164	3,310	2,873	2,708	2,309	2,359	1,832	1,754	1,572	1,752	1,342
Other Cost of Revenue	603	527	507	450	374	299	277	222	252	-	288
Total Operating Expenses	1,405	1,402	1,375	1,189	1,122	1,416	1,033	940	944	627	764
Selling, General & Admin Expense	255	254	305	218	186	201	196	189	180	176	153
Marketing Expense	599	636	566	511	478	529	441	383	383	381	333
Research & Development Expense	551	512	504	460	458	686	396	368	381	325	278
Total Other Income / (Expense), net	-57	-57	-37	-58	-47	-105	-254	-197	-98	-76	-98
Interest Expense	39	48	40	39	38	38	53	49	34	-86	92
Interest & Investment Income	37	41	43	39	25	40	38	34	23	-98	65
Other Income / (Expense), net	-55	-50	-40	-58	-34	-107	-239	-182	-87	-64	-71
Income Tax Expense	212	124	123	137	137	65	172	210	122	144	69
Basic Earnings per Share	$9.74	$12.60	$7.83	$10.48	$6.78	$3.23	$7.18	$5.22	$4.01	$3.27	$2.57
Weighted Average Basic Shares Outstanding	50.70M	50.70M	50.70M	50.70M	50.70M	50.26M	50.01M	50.16M	50.25M	50.35M	50.33M
Diluted Earnings per Share	$9.74	$12.60	$7.83	$10.48	$6.78	$3.17	$7.16	$5.16	$3.97	$3.24	$2.56
Weighted Average Diluted Shares Outstanding	50.70M	50.70M	50.70M	50.70M	50.70M	51.01M	50.21M	51.15M	51.24M	51.34M	51.32M
Weighted Average Basic & Diluted Shares Outstanding	50.70M	50.70M	50.70M	50.70M	50.70M	50.70M	50.56M	50.09M	50.21M	50.26M	50.29M

This table details how cash moves in and out of MercadoLibre's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	1,590	1,423	-15	1,140	1,057	987	167	195	86	-56
Net Cash From Operating Activities	7,918	5,140	2,940	965	1,182	451	231	269	190	221
Net Cash From Continuing Operating Activities	7,918	5,140	2,940	965	1,182	451	231	269	190	221
Net Income / (Loss) Continuing Operations	1,911	987	482	83	-1.00	-172	-37	14	136	106
Consolidated Net Income / (Loss)	1,911	987	482	83	-1.00	-172	-37	14	136	106
Depreciation Expense	617	524	403	204	105	73	46	41	29	23
Amortization Expense	114	113	122	76	15	17	11	11	9.84	17
Non-Cash Adjustments To Reconcile Net Income	4,658	2,022	1,596	686	348	112	21	133	24	28
Changes in Operating Assets and Liabilities, net	618	1,494	337	-84	715	421	189	71	-8.84	47
Net Cash From Investing Activities	-8,287	-3,450	-3,871	-1,597	-252	-1,448	-672	-23	-84	-184
Net Cash From Continuing Investing Activities	-8,287	-3,450	-3,871	-1,597	-252	-1,448	-672	-23	-84	-184
Purchase of Property, Plant & Equipment	-860	-509	-455	-573	-247	-137	-93	-55	-69	-39
Acquisitions	-6.00	0.00	0.00	-92	-7.00	-0.07	-4.39	-36	-7.72	-47
Purchase of Investments	-16,724	-18,994	-12,739	-7,391	-5,204	-4,491	-3,176	-4,554	-3,501	-1,950
Sale and/or Maturity of Investments	13,991	18,100	11,024	7,807	5,551	3,354	2,663	4,714	3,508	1,876
Other Investing Activities, net	-4,688	-2,047	-1,701	-1,348	-345	-174	-62	-92	-15	-23
Net Cash From Financing Activities	1,959	-267	916	1,925	242	2,021	609	-51	-20	-28
Net Cash From Continuing Financing Activities	1,959	-267	916	1,925	242	2,021	609	-51	-20	-28
Repayment of Debt	-17,461	-24,841	-15,933	-8,647	-1,785	-473	-488	-5.00	-6.68	-9.06
Repurchase of Common Equity	-1.00	-356	-148	-486	-54	-0.72	0.00	0.00	-	-2.71
Issuance of Debt	19,472	24,963	17,017	9,262	2,396	630	1,117	48	11	5.03
Other Financing Activities, net	-51	-33	-20	276	-312	-98	-13	-67	-	-
Cash Interest Paid	456	608	247	58	54	41	20	7.73	8.06	7.98
Cash Income Taxes Paid	1,052	651	437	282	140	95	99	111	74	66

This table details how cash moves in and out of MercadoLibre's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-201	1,960	-345	5.00	-30	1,530	-568	300	161	1,105	275
Net Cash From Operating Activities	1,031	2,924	1,600	1,882	1,512	1,928	941	1,412	859	1,542	724
Net Cash From Continuing Operating Activities	1,031	2,914	1,598	1,894	1,512	1,925	941	1,415	859	1,542	724
Net Income / (Loss) Continuing Operations	494	639	397	531	344	165	359	262	201	165	129
Consolidated Net Income / (Loss)	494	639	397	531	344	165	359	262	201	165	129
Depreciation Expense	172	152	157	154	154	135	135	128	126	122	97
Amortization Expense	68	36	-4.00	34	48	34	-38	65	52	-10	-22
Non-Cash Adjustments To Reconcile Net Income	776	2,297	742	566	1,053	415	322	903	382	916	-73
Changes in Operating Assets and Liabilities, net	-479	-210	306	609	-87	1,176	163	57	98	349	593
Net Cash From Investing Activities	-1,842	-2,128	-2,608	-2,085	-1,466	-914	-1,330	-668	-538	-646	-664
Net Cash From Continuing Investing Activities	-1,842	-2,128	-2,608	-2,085	-1,466	-914	-1,330	-668	-538	-646	-664
Purchase of Property, Plant & Equipment	-272	-309	-222	-183	-146	-180	-126	-114	-89	-113	-106
Purchase of Investments	-4,242	-4,329	-3,672	-4,623	-4,100	-3,405	-5,529	-4,928	-5,132	-3,466	-3,076
Sale and/or Maturity of Investments	3,907	3,884	2,613	3,766	3,728	3,253	4,924	4,819	5,104	3,163	2,818
Other Investing Activities, net	-1,235	-1,372	-1,326	-1,044	-946	-582	-599	-445	-421	-231	-300
Net Cash From Financing Activities	465	757	726	476	0.00	73	132	-360	-112	-12	342
Net Cash From Continuing Financing Activities	465	757	726	476	0.00	73	132	-360	-112	-12	342
Repayment of Debt	-8,453	-6,127	-4,514	-3,314	-3,506	-5,488	-6,784	-6,547	-6,022	-4,512	-4,775
Issuance of Debt	8,931	6,897	5,252	3,804	3,519	5,573	7,073	6,340	5,977	4,539	5,163
Other Financing Activities, net	-13	-13	-12	-13	-13	-12	-8.00	-7.00	-6.00	-6.00	-5.00
Effect of Exchange Rate Changes	145	-	-63	-268	-76	-	-311	-84	-48	-	-127

This table presents MercadoLibre's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	25,196	17,612	13,736	10,101	6,526	4,782	2,240	1,673	1,367	1,004
Total Current Assets	20,142	14,260	10,953	8,175	5,347	3,789	1,511	1,287	869	545
Cash & Equivalents	2,635	2,556	1,910	2,585	1,856	1,385	440	388	234	167
Restricted Cash	2,064	1,292	1,453	1,063	652	67	24	-	-	-
Short-Term Investments	4,485	3,480	2,339	810	1,241	1,597	462	209	253	202
Note & Lease Receivable	4,716	2,629	1,704	1,199	385	182	96	73	6.28	-
Accounts Receivable	255	156	130	98	50	35	35	28	25	28
Inventories, net	296	238	152	253	118	8.63	4.61	2.55	1.10	0.22
Other Current Assets	5,691	3,909	3,265	2,127	1,016	469	422	579	334	142
Plant, Property, & Equipment, net	0.00	0.00	0.00	807	392	244	166	115	124	82
Total Noncurrent Assets	5,054	3,352	2,783	1,119	788	749	563	271	374	377
Long-Term Investments	1,203	162	322	89	166	264	276	35	154	188
Noncurrent Note & Lease Receivables	179	65	32	61	17	6.44	0.00	-	-	-
Goodwill	149	163	153	148	85	88	89	92	92	87
Intangible Assets	12	11	25	45	14	14	19	23	26	29
Noncurrent Deferred & Refundable Income Taxes	802	710	346	181	135	118	141	57	45	30
Other Noncurrent Operating Assets	2,709	2,241	1,905	595	371	259	38	64	57	44
Total Liabilities & Shareholders' Equity	25,196	17,612	13,736	10,101	6,526	4,782	2,240	1,673	1,367	1,004
Total Liabilities	20,845	14,541	11,909	8,570	4,875	2,700	1,903	1,347	939	664
Total Current Liabilities	16,603	11,263	8,562	5,837	3,636	1,752	1,166	968	577	322
Short-Term Debt	2,828	2,292	2,131	1,285	548	186	133	56	12	1.97
Accounts Payable	10,150	6,592	4,847	3,429	2,463	1,266	908	804	476	265
Current Deferred & Payable Income Tax Liabilities	525	477	414	291	216	60	31	32	27	10
Current Employee Benefit Liabilities	727	545	401	313	207	102	60	65	49	33
Other Current Liabilities	2,373	1,357	769	519	201	138	34	3.68	6.36	7.67
Total Noncurrent Liabilities	4,242	3,278	3,347	2,733	1,239	947	737	379	362	342
Long-Term Debt	2,887	2,203	2,627	2,233	861	631	602	312	302	294
Capital Lease Obligations	894	672	514	372	244	177	0.00	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	204	183	106	62	64	100	92	24	34	27
Other Noncurrent Operating Liabilities	257	220	100	66	20	13	20	18	9.81	9.86
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-
Total Equity & Noncontrolling Interests	4,351	3,071	1,827	1,531	1,652	1,983	337	326	429	339
Total Preferred & Common Equity	4,351	3,071	1,827	1,531	1,652	1,983	337	326	429	339
Total Common Equity	4,351	3,071	1,827	1,531	1,652	1,983	337	326	429	339
Common Stock	1,770	1,770	2,309	2,439	1,861	2,068	225	71	138	138
Retained Earnings	3,812	1,901	913	397	314	323	503	538	551	441
Treasury Stock	-311	-	-	-790	-55	-0.72	0.00	-	-	-
Accumulated Other Comprehensive Income / (Loss)	-920	-290	-464	-515	-468	-407	-392	-283	-260	-239

This table presents MercadoLibre's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	27,682	25,196	22,623	20,030	19,062	17,612	16,124	15,243	14,201	13,736	11,962
Total Current Assets	21,740	20,142	17,824	16,479	15,505	14,260	13,050	12,290	11,336	10,953	9,351
Cash & Equivalents	2,977	2,635	2,162	2,818	2,579	2,556	2,171	1,860	2,143	1,910	1,455
Restricted Cash	1,521	2,064	1,316	1,005	1,239	1,292	1,085	1,964	1,381	1,453	1,073
Short-Term Investments	5,082	4,485	4,511	4,073	3,671	3,480	3,320	2,839	2,479	2,339	1,943
Note & Lease Receivable	5,501	4,716	4,248	3,440	3,119	2,629	2,336	2,051	1,877	1,704	1,724
Accounts Receivable	261	255	216	190	170	156	161	160	132	130	108
Inventories, net	358	296	322	257	223	238	246	236	199	152	160
Other Current Assets	6,040	5,691	5,049	4,696	4,504	3,909	3,688	3,125	3,080	3,265	2,826
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,036	0.00	945
Total Noncurrent Assets	5,942	5,054	4,799	3,551	3,557	3,352	3,074	2,953	1,829	2,783	1,666
Long-Term Investments	1,321	1,203	1,226	416	249	162	149	149	278	322	375
Noncurrent Note & Lease Receivables	225	179	156	111	86	65	42	76	31	32	42
Goodwill	155	149	149	149	158	163	159	166	160	153	147
Intangible Assets	39	12	12	13	12	11	21	22	24	25	29
Noncurrent Deferred & Refundable Income Taxes	968	802	780	767	810	710	489	348	357	346	269
Other Noncurrent Operating Assets	3,234	2,709	2,476	2,095	2,242	2,241	2,214	2,192	979	1,905	804
Total Liabilities & Shareholders' Equity	27,682	25,196	22,623	20,030	19,062	17,612	16,124	15,243	14,201	13,736	11,962
Total Liabilities	22,678	20,845	18,621	16,374	15,672	14,541	13,383	12,991	12,161	11,909	10,331
Total Current Liabilities	18,065	16,603	14,313	12,914	12,256	11,263	10,306	9,616	8,827	8,562	7,002
Short-Term Debt	3,569	2,828	2,250	2,203	2,246	2,292	2,272	2,286	2,332	2,131	1,946
Accounts Payable	10,721	10,150	8,794	7,958	7,262	6,592	5,926	5,565	4,850	4,847	3,713
Current Deferred & Payable Income Tax Liabilities	487	525	426	419	500	477	530	447	363	414	338
Current Employee Benefit Liabilities	647	727	665	482	531	545	519	394	425	401	345
Other Current Liabilities	2,641	2,373	2,178	1,852	1,717	1,357	1,038	903	838	769	645
Total Noncurrent Liabilities	4,613	4,242	4,308	3,460	3,416	3,278	3,077	3,375	3,334	3,347	3,329
Long-Term Debt	2,864	2,887	3,103	2,439	2,224	2,203	2,182	2,481	2,500	2,627	2,743
Capital Lease Obligations	1,009	894	770	623	653	672	615	595	529	514	470
Noncurrent Deferred & Payable Income Tax Liabilities	270	204	193	159	226	183	163	112	117	106	36
Other Noncurrent Operating Liabilities	470	257	242	239	313	220	117	187	188	100	80
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,004	4,351	4,002	3,656	3,390	3,071	2,741	2,252	2,040	1,827	1,631
Total Preferred & Common Equity	5,004	4,351	4,002	3,656	3,390	3,071	2,741	2,252	2,040	1,827	1,631
Total Common Equity	5,004	4,351	4,002	3,656	3,390	3,071	2,741	2,252	2,040	1,827	1,631
Common Stock	1,770	1,770	1,770	1,770	1,770	1,770	1,959	2,309	2,309	2,309	2,308
Retained Earnings	4,306	3,812	3,173	2,776	2,245	1,901	1,735	1,376	1,114	913	748
Accumulated Other Comprehensive Income / (Loss)	-761	-920	-630	-579	-315	-290	-366	-295	-391	-464	-527
Other Equity Adjustments	-311	-	-311	-	-310	-310	-	-	-	-931	-

This table displays calculated financial ratios and metrics derived from MercadoLibre's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	37.53%	40.14%	52.50%	77.88%	73.06%	59.50%	18.34%	44.07%	29.55%	17.12%
EBITDA Growth	42.66%	59.67%	128.10%	198.54%	418.13%	-1,181.55%	-93.11%	-59.69%	12.34%	33.48%
EBIT Growth	53.83%	82.78%	162.35%	290.59%	154.88%	-202.28%	-247.94%	-80.26%	16.74%	27.26%
NOPAT Growth	47.84%	111.69%	292.39%	10,753.31%	98.53%	-120.43%	-439.14%	-89.24%	36.15%	36.16%
Net Income Growth	93.62%	104.77%	480.72%	8,400.00%	99.42%	-370.14%	-365.49%	-89.89%	28.90%	45.61%
EPS Growth	93.68%	104.20%	470.66%	2,187.50%	97.84%	-352.44%	-364.52%	-89.97%	28.75%	47.24%
Operating Cash Flow Growth	54.05%	74.83%	204.66%	-18.36%	162.03%	95.36%	-14.16%	41.39%	-14.05%	12.49%
Free Cash Flow Firm Growth	29.96%	275.42%	134.90%	-452.95%	31,539.43%	-100.79%	179.96%	-50.84%	30.18%	-23.19%
Invested Capital Growth	-23.40%	-30.42%	23.00%	243.00%	-158.41%	-81.25%	-290.77%	-36.51%	28.72%	20.04%
Revenue Q/Q Growth	12.35%	10.27%	11.54%	12.80%	19.68%	12.01%	5.11%	9.13%	9.83%	3.06%
EBITDA Q/Q Growth	41.59%	-0.71%	37.81%	9.23%	97.36%	-262.34%	112.29%	-59.58%	5.48%	1.59%
EBIT Q/Q Growth	60.80%	-3.46%	68.15%	0.70%	64.81%	-70.49%	54.79%	-79.08%	7.80%	0.62%
NOPAT Q/Q Growth	55.05%	4.47%	45.56%	26.19%	71.54%	-79.99%	47.86%	-89.16%	22.24%	-5.24%
Net Income Q/Q Growth	32.99%	0.00%	77.86%	6.24%	75.76%	-42.93%	64.12%	-89.63%	9.99%	4.76%
EPS Q/Q Growth	33.37%	-0.36%	78.13%	5.70%	66.67%	-44.36%	64.50%	-89.74%	9.96%	5.73%
Operating Cash Flow Q/Q Growth	14.39%	8.12%	40.07%	85.58%	17.70%	10.66%	3.68%	-5.60%	-26.19%	30.50%
Free Cash Flow Firm Q/Q Growth	48.67%	-21.49%	140.52%	-30.50%	-40.04%	88.55%	84.98%	-63.64%	-34.58%	136.30%
Invested Capital Q/Q Growth	-37.03%	-31.06%	-44.70%	145.47%	22.29%	-49.03%	-19.16%	5.22%	34.11%	-39.46%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.15%	43.29%	38.27%	36.36%	39.66%	48.00%	48.42%	59.15%	63.58%	55.29%
EBITDA Margin	15.31%	14.75%	12.95%	8.66%	5.16%	-2.81%	0.41%	7.10%	25.39%	29.27%
Operating Margin	12.66%	14.61%	9.92%	6.24%	3.22%	-6.67%	-4.83%	4.63%	21.44%	21.36%
EBIT Margin	11.79%	10.54%	8.08%	4.70%	2.14%	-6.75%	-3.56%	2.85%	20.78%	23.06%
Profit (Net Income) Margin	9.20%	6.53%	4.47%	1.17%	-0.03%	-7.49%	-2.54%	1.13%	16.15%	16.23%
Tax Burden Percent	78.58%	63.55%	61.79%	34.44%	-1.23%	160.38%	55.90%	25.49%	73.58%	70.30%
Interest Burden Percent	99.31%	97.55%	89.55%	72.59%	95.29%	69.24%	127.73%	156.10%	105.61%	100.11%
Effective Tax Rate	21.42%	36.64%	38.21%	61.83%	101.23%	0.00%	0.00%	74.51%	26.42%	29.70%
Return on Invested Capital (ROIC)	313.00%	153.42%	67.79%	128.12%	0.00%	0.00%	0.00%	16.28%	139.18%	127.55%
ROIC Less NNEP Spread (ROIC-NNEP)	318.13%	180.17%	93.14%	133.96%	0.00%	0.00%	0.00%	16.48%	138.09%	124.62%
Return on Net Nonoperating Assets (RNNOA)	-261.51%	-113.11%	-39.08%	-122.90%	0.00%	0.00%	0.00%	-12.63%	-103.68%	-97.12%
Return on Equity (ROE)	51.50%	40.30%	28.71%	5.22%	-0.05%	-14.22%	-11.04%	3.65%	35.50%	30.43%
Cash Return on Invested Capital (CROIC)	339.50%	189.29%	47.16%	-150.67%	0.00%	0.00%	0.00%	60.94%	114.07%	109.34%
Operating Return on Assets (OROA)	11.44%	10.16%	7.31%	3.99%	1.50%	-4.41%	-2.62%	2.28%	14.80%	15.26%
Return on Assets (ROA)	8.93%	6.30%	4.04%	1.00%	-0.02%	-4.90%	-1.87%	0.91%	11.50%	10.74%
Return on Common Equity (ROCE)	51.50%	40.30%	28.71%	5.22%	-0.05%	-13.64%	-11.04%	3.65%	35.50%	30.43%
Return on Equity Simple (ROE_SIMPLE)	43.92%	32.14%	26.38%	5.42%	-0.06%	-8.67%	-10.87%	4.23%	31.80%	31.16%
Net Operating Profit after Tax (NOPAT)	2,067	1,398	661	168	-1.58	-107	-49	14	133	98
NOPAT Margin	9.95%	9.26%	6.13%	2.38%	-0.04%	-4.67%	-3.38%	1.18%	15.78%	15.01%
Net Nonoperating Expense Percent (NNEP)	-5.13%	-26.76%	-25.35%	-5.85%	0.03%	-4.65%	3.33%	-0.19%	1.09%	2.93%
Return On Investment Capital (ROIC_SIMPLE)	18.86%	16.97%	9.31%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	62.85%	56.71%	61.73%	63.64%	60.34%	52.00%	51.59%	40.85%	36.42%	44.71%
SG&A Expenses to Revenue	4.63%	5.07%	6.13%	6.58%	8.23%	8.60%	9.57%	10.04%	10.34%	11.71%
R&D to Revenue	9.31%	12.12%	10.19%	8.35%	8.88%	9.75%	10.16%	10.45%	11.66%	0.00%
Operating Expenses to Revenue	24.49%	28.68%	28.35%	30.12%	36.44%	54.67%	53.24%	54.53%	42.14%	33.93%
Earnings before Interest and Taxes (EBIT)	2,449	1,592	871	332	85	-155	-51	35	175	150
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,180	2,229	1,396	612	205	-64	5.96	86	214	191
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	19.81	25.87	23.30	43.56	50.58	14.34	39.32	42.65	16.04	14.78
Price to Tangible Book Value (P/TBV)	20.57	27.43	25.81	49.84	53.82	15.11	57.75	66.06	22.13	22.40
Price to Revenue (P/Rev)	4.15	5.26	3.95	9.43	21.02	12.38	9.20	11.42	8.15	7.70
Price to Earnings (P/E)	45.11	80.50	88.30	803.50	0.00	0.00	0.00	1,008.31	50.44	47.41
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.19%	0.39%	0.36%
Earnings Yield	2.22%	1.24%	1.13%	0.12%	0.00%	0.00%	0.00%	0.10%	1.98%	2.11%
Enterprise Value to Invested Capital (EV/IC)	143.86	103.12	38.89	75.55	0.00	0.00	0.00	199.26	60.81	56.82
Enterprise Value to Revenue (EV/Rev)	3.97	5.11	3.88	9.34	20.45	11.41	8.87	11.20	7.76	7.30
Enterprise Value to EBITDA (EV/EBITDA)	25.92	34.60	29.95	107.90	396.49	0.00	2,143.41	157.74	30.56	24.92
Enterprise Value to EBIT (EV/EBIT)	33.66	48.45	48.00	198.90	956.24	0.00	0.00	393.51	37.33	31.64
Enterprise Value to NOPAT (EV/NOPAT)	39.87	55.16	63.29	392.24	0.00	0.00	0.00	950.43	49.17	48.60
Enterprise Value to Operating Cash Flow (EV/OCF)	10.41	15.01	14.22	68.43	68.76	58.11	55.31	50.67	34.43	21.48
Enterprise Value to Free Cash Flow (EV/FCFF)	36.76	44.71	90.97	0.00	217.86	0.00	84.99	253.95	60.00	56.70
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.52	1.68	2.89	2.54	1.00	0.48	2.18	1.13	0.73	0.87
Long-Term Debt to Equity	0.87	0.94	1.72	1.70	0.67	0.39	1.79	0.96	0.70	0.87
Financial Leverage	-0.82	-0.63	-0.42	-0.92	-1.23	-1.15	-1.09	-0.77	-0.75	-0.78
Leverage Ratio	5.77	6.40	7.10	5.22	3.03	2.90	5.91	4.03	3.09	2.83
Compound Leverage Factor	5.73	6.24	6.36	3.79	2.89	2.01	7.54	6.29	3.26	2.84
Debt to Total Capital	60.30%	62.72%	74.26%	71.76%	50.02%	32.32%	68.59%	53.07%	42.23%	46.61%
Short-Term Debt to Total Capital	25.80%	27.82%	30.02%	23.70%	16.60%	6.05%	12.40%	8.11%	1.56%	0.31%
Long-Term Debt to Total Capital	34.50%	34.90%	44.25%	48.05%	33.42%	26.27%	56.18%	44.96%	40.67%	46.30%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	3.21%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	39.70%	37.28%	25.74%	28.24%	49.98%	64.47%	31.41%	46.93%	57.77%	53.39%
Debt to EBITDA	2.08	2.32	3.78	6.36	8.06	-15.43	123.39	4.26	1.46	1.55
Net Debt to EBITDA	-1.19	-1.04	-0.54	-1.07	-11.04	35.98	-78.41	-3.06	-1.53	-1.36
Long-Term Debt to EBITDA	1.19	1.29	2.25	4.26	5.39	-12.54	101.08	3.61	1.41	1.54
Debt to NOPAT	3.20	3.70	7.98	23.11	-1,045.96	-9.27	-15.12	25.69	2.35	3.03
Net Debt to NOPAT	-1.83	-1.66	-1.14	-3.90	1,431.91	21.63	9.61	-18.41	-2.46	-2.66
Long-Term Debt to NOPAT	1.83	2.06	4.75	15.47	-698.93	-7.54	-12.38	21.76	2.27	3.01
Altman Z-Score	4.01	4.79	3.44	5.81	11.32	7.30	5.24	7.66	6.26	6.56
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	2.65%	4.09%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.21	1.27	1.28	1.40	1.47	2.16	1.30	1.33	1.51	1.69
Quick Ratio	0.73	0.78	0.71	0.80	0.97	1.83	0.89	0.72	0.90	1.23
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	2,242	1,725	460	-1,317	373	-1.19	150	54	109	84
Operating Cash Flow to CapEx	920.70%	1,009.82%	646.15%	168.41%	478.54%	329.75%	247.92%	487.73%	277.64%	565.44%
Free Cash Flow to Firm to Interest Expense	13.59	9.92	3.40	-5.75	3.49	-0.02	2.67	2.03	4.26	4.11
Operating Cash Flow to Interest Expense	47.99	29.54	21.78	4.21	11.05	6.85	4.11	10.16	7.43	10.86
Operating Cash Flow Less CapEx to Interest Expense	42.78	26.61	18.41	1.71	8.74	4.77	2.45	8.08	4.75	8.94
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.97	0.96	0.90	0.85	0.70	0.65	0.74	0.80	0.71	0.66
Accounts Receivable Turnover	101.10	105.64	94.56	95.73	93.36	65.05	45.47	45.39	31.35	17.36
Inventory Turnover	48.91	43.93	32.86	24.24	37.83	180.42	207.41	272.15	464.21	0.00
Fixed Asset Turnover	0.00	0.00	0.00	11.79	12.50	11.21	10.27	10.18	8.20	7.53
Accounts Payable Turnover	1.56	1.50	1.61	1.53	1.29	1.10	0.87	0.78	0.83	1.19
Days Sales Outstanding (DSO)	3.61	3.46	3.86	3.81	3.91	5.61	8.03	8.04	11.64	21.03
Days Inventory Outstanding (DIO)	7.46	8.31	11.11	15.06	9.65	2.02	1.76	1.34	0.79	0.00
Days Payable Outstanding (DPO)	233.99	243.68	226.95	239.00	283.81	332.25	420.69	470.08	439.78	305.81
Cash Conversion Cycle (CCC)	-222.91	-231.92	-211.99	-220.13	-270.25	-324.62	-410.90	-460.69	-427.35	-284.79
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	573	748	1,075	874	-611	-237	-130	68	108	84
Invested Capital Turnover	31.46	16.57	11.06	53.80	-9.38	-12.51	-46.37	13.81	8.82	8.50
Increase / (Decrease) in Invested Capital	-175	-327	201	1,485	-375	-106	-199	-39	24	14
Enterprise Value (EV)	82,430	77,133	41,810	66,033	81,280	26,211	12,770	13,631	6,551	4,756
Market Capitalization	86,208	79,456	42,562	66,690	83,543	28,431	13,238	13,895	6,879	5,016
Book Value per Share	$85.82	$60.74	$36.33	$30.96	$33.12	$39.89	$7.45	$7.38	$9.71	$7.69
Tangible Book Value per Share	$82.65	$57.30	$32.79	$27.05	$31.13	$37.84	$5.07	$4.76	$7.04	$5.07
Total Capital	10,960	8,238	7,099	5,421	3,304	3,076	1,072	694	742	636
Total Debt	6,609	5,167	5,272	3,890	1,653	994	735	368	314	296
Total Long-Term Debt	3,781	2,875	3,141	2,605	1,104	808	602	312	302	294
Net Debt	-3,778	-2,323	-752	-657	-2,263	-2,318	-467	-264	-328	-260
Capital Expenditures (CapEx)	860	509	455	573	247	137	93	55	69	39
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2,817	-2,039	-1,180	-835	-1,490	-826	-448	-222	-183	-144
Debt-free Net Working Capital (DFNWC)	6,367	5,289	4,522	3,623	2,259	2,223	478	375	304	225
Net Working Capital (NWC)	3,539	2,997	2,391	2,338	1,711	2,037	345	319	293	223
Net Nonoperating Expense (NNE)	156	411	179	85	-0.58	65	-12	0.56	-3.14	-7.94
Net Nonoperating Obligations (NNO)	-3,778	-2,323	-752	-657	-2,263	-2,318	-467	-257	-321	-256
Total Depreciation and Amortization (D&A)	731	637	525	280	120	90	57	52	39	40
Debt-free, Cash-free Net Working Capital to Revenue	-13.56%	-13.50%	-10.95%	-11.81%	-37.50%	-35.97%	-31.15%	-18.29%	-21.67%	-22.14%
Debt-free Net Working Capital to Revenue	30.64%	35.01%	41.95%	51.25%	56.85%	96.79%	33.19%	30.84%	36.05%	34.47%
Net Working Capital to Revenue	17.03%	19.84%	22.18%	33.07%	43.05%	88.69%	23.96%	26.21%	34.68%	34.17%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$37.69	$19.64	$9.57	$1.67	($0.08)	$0.00	($0.82)	$0.31	$3.09	$2.40
Adjusted Weighted Average Basic Shares Outstanding	50.70M	50.26M	50.35M	49.80M	49.74M	0.00	44.53M	44.16M	44.16M	44.16M
Adjusted Diluted Earnings per Share	$37.69	$19.46	$9.53	$1.67	($0.08)	$0.00	($0.82)	$0.31	$3.09	$2.40
Adjusted Weighted Average Diluted Shares Outstanding	50.70M	51.01M	51.34M	49.80M	49.74M	0.00	44.53M	44.16M	44.16M	44.16M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	50.70M	50.70M	50.26M	50.42M	49.87M	0.00	45.20M	44.16M	44.16M	44.16M
Normalized Net Operating Profit after Tax (NOPAT)	2,067	1,398	661	309	90	-107	-49	41	143	109
Normalized NOPAT Margin	9.95%	9.26%	6.13%	4.37%	2.25%	-4.67%	-3.38%	3.40%	16.97%	16.76%
Pre Tax Income Margin	11.71%	10.28%	7.24%	3.41%	2.04%	-4.67%	-4.55%	4.44%	21.95%	23.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	14.84	9.15	6.45	1.45	0.79	-2.35	-0.91	1.31	6.85	7.37
NOPAT to Interest Expense	12.53	8.04	4.89	0.74	-0.01	-1.63	-0.86	0.54	5.20	4.80
EBIT Less CapEx to Interest Expense	9.63	6.22	3.08	-1.05	-1.51	-4.43	-2.57	-0.78	4.18	5.45
NOPAT Less CapEx to Interest Expense	7.32	5.11	1.52	-1.77	-2.32	-3.70	-2.52	-1.54	2.53	2.88
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	-300.00%	-1.65%	-18.11%	192.28%	17.91%	19.83%
Augmented Payout Ratio	0.05%	36.07%	30.71%	585.54%	-5,700.00%	-2.07%	-18.11%	192.28%	17.91%	22.39%

This table displays calculated financial ratios and metrics derived from MercadoLibre's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	36.97%	37.42%	35.27%	41.51%	36.00%	35.87%	45.99%	38.04%	41.73%	52.35%	44.78%
EBITDA Growth	39.41%	141.31%	4.20%	25.88%	36.74%	-8.10%	114.33%	68.32%	95.77%	781.63%	50.00%
EBIT Growth	43.32%	237.72%	-5.31%	37.17%	49.24%	-28.75%	142.67%	156.32%	143.38%	1,069.70%	66.67%
NOPAT Growth	41.38%	185.75%	-19.87%	55.41%	46.00%	17.54%	175.20%	95.26%	217.75%	1,117.07%	59.86%
Net Income Growth	43.60%	287.27%	10.59%	102.67%	71.14%	0.00%	178.29%	113.01%	209.23%	458.70%	35.79%
EPS Growth	43.66%	297.48%	9.36%	103.10%	70.78%	-2.16%	179.69%	112.35%	205.38%	444.68%	33.33%
Operating Cash Flow Growth	-31.81%	51.66%	70.03%	33.29%	76.02%	25.03%	29.97%	55.68%	468.67%	119.97%	173.21%
Free Cash Flow Firm Growth	-132.68%	51.89%	-56.81%	-53.48%	-44.91%	16,261.09%	199.61%	184.57%	157.24%	100.24%	-36.52%
Invested Capital Growth	99.35%	-23.40%	-16.13%	-24.06%	-30.80%	-30.42%	-44.19%	-61.55%	-48.46%	23.00%	445.99%
Revenue Q/Q Growth	-2.05%	14.06%	4.71%	17.08%	9.92%	12.27%	9.54%	12.52%	6.13%	20.63%	3.58%
EBITDA Q/Q Growth	-1.04%	42.99%	-21.73%	22.99%	461.29%	-38.26%	-5.44%	33.60%	23.24%	44.00%	-25.74%
EBIT Q/Q Growth	-8.05%	48.94%	-22.60%	35.22%	982.14%	-58.24%	12.12%	47.13%	16.14%	42.22%	18.42%
NOPAT Q/Q Growth	-22.26%	61.49%	-26.31%	52.83%	932.10%	-54.72%	42.92%	43.58%	39.18%	6.03%	1.40%
Net Income Q/Q Growth	-22.69%	60.96%	-25.24%	54.36%	108.48%	-54.04%	37.02%	30.35%	21.82%	27.91%	4.88%
EPS Q/Q Growth	-22.70%	60.92%	-25.29%	54.57%	113.88%	-55.73%	38.76%	29.97%	22.53%	26.56%	5.35%
Operating Cash Flow Q/Q Growth	-64.74%	82.75%	-14.98%	24.47%	-21.58%	104.89%	-33.36%	64.38%	-44.29%	112.98%	-20.18%
Free Cash Flow Firm Q/Q Growth	-127.40%	43.56%	-22.06%	6.57%	98.75%	-59.18%	-16.05%	26.21%	8,746.93%	100.25%	28.73%
Invested Capital Q/Q Growth	169.63%	-37.03%	49.43%	-21.42%	3.61%	-31.06%	35.29%	-28.39%	4.19%	-44.70%	-6.81%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	36.53%	36.67%	36.37%	37.75%	38.08%	34.68%	46.29%	51.07%	42.75%	31.16%	39.41%
EBITDA Margin	15.97%	15.81%	12.61%	16.87%	16.06%	9.00%	16.37%	18.97%	15.98%	13.31%	11.15%
Operating Margin	12.86%	13.53%	10.49%	14.31%	12.19%	7.60%	19.99%	18.66%	13.12%	11.83%	11.00%
EBIT Margin	11.93%	12.71%	9.73%	13.17%	11.40%	5.17%	13.90%	13.58%	10.39%	9.86%	8.36%
Profit (Net Income) Margin	8.32%	10.55%	7.47%	10.47%	7.94%	3.74%	9.14%	7.31%	6.31%	5.08%	4.80%
Tax Burden Percent	69.97%	83.75%	76.35%	79.49%	71.52%	71.74%	67.61%	55.51%	62.81%	53.57%	65.15%
Interest Burden Percent	99.72%	99.09%	100.58%	100.00%	97.37%	100.88%	97.25%	96.92%	96.68%	96.25%	88.00%
Effective Tax Rate	30.03%	16.25%	23.65%	20.51%	28.48%	28.26%	32.39%	44.49%	38.13%	46.75%	34.85%
Return on Invested Capital (ROIC)	173.54%	356.53%	148.42%	275.86%	143.67%	90.34%	122.25%	89.40%	56.58%	69.70%	60.25%
ROIC Less NNEP Spread (ROIC-NNEP)	174.86%	358.10%	149.61%	277.91%	145.57%	95.24%	147.83%	112.57%	90.88%	75.30%	36.87%
Return on Net Nonoperating Assets (RNNOA)	-126.53%	-294.36%	-105.34%	-211.54%	-94.77%	-59.79%	-45.41%	-27.73%	-8.41%	-31.60%	11.48%
Return on Equity (ROE)	47.02%	62.17%	43.07%	64.32%	48.90%	30.55%	76.84%	61.67%	48.16%	38.10%	71.73%
Cash Return on Invested Capital (CROIC)	125.27%	339.50%	151.21%	233.96%	170.91%	189.29%	145.10%	158.50%	113.54%	47.16%	-98.62%
Operating Return on Assets (OROA)	11.42%	12.34%	9.29%	12.77%	10.71%	4.98%	13.56%	12.69%	9.45%	8.92%	8.62%
Return on Assets (ROA)	7.97%	10.24%	7.13%	10.15%	7.46%	3.61%	8.92%	6.83%	5.74%	4.60%	4.94%
Return on Common Equity (ROCE)	47.02%	62.17%	43.07%	64.32%	48.90%	30.55%	76.84%	61.67%	48.16%	38.10%	71.73%
Return on Equity Simple (ROE_SIMPLE)	41.19%	0.00%	35.91%	38.27%	33.33%	0.00%	36.01%	33.61%	30.29%	0.00%	16.62%
Net Operating Profit after Tax (NOPAT)	534	687	425	577	378	240	531	371	259	204	193
NOPAT Margin	9.00%	11.33%	8.01%	11.38%	8.71%	5.45%	13.51%	10.36%	8.12%	6.30%	7.17%
Net Nonoperating Expense Percent (NNEP)	-1.31%	-1.56%	-1.19%	-2.05%	-1.90%	-4.90%	-25.57%	-23.17%	-34.31%	-5.60%	23.38%
Return On Investment Capital (ROIC_SIMPLE)	4.29%	6.27%	-	-	-	2.92%	-	-	-	2.88%	-
Cost of Revenue to Revenue	63.47%	63.33%	63.63%	62.25%	61.92%	60.29%	53.71%	55.12%	57.25%	68.84%	60.59%
SG&A Expenses to Revenue	4.30%	4.19%	5.74%	4.30%	4.29%	4.56%	4.99%	5.27%	5.65%	5.42%	5.69%
R&D to Revenue	9.28%	8.45%	9.49%	9.07%	10.57%	15.56%	10.08%	10.27%	11.96%	10.02%	10.33%
Operating Expenses to Revenue	23.67%	23.14%	25.88%	23.44%	25.89%	32.12%	26.31%	26.22%	29.63%	19.32%	28.40%
Earnings before Interest and Taxes (EBIT)	708	770	517	668	494	228	546	487	331	320	225
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	948	958	670	856	696	397	643	680	509	432	300
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	19.77	19.81	25.99	22.79	22.55	25.87	23.17	26.41	32.47	23.30	25.55
Price to Tangible Book Value (P/TBV)	20.56	20.57	27.08	23.85	23.74	27.43	24.80	28.82	35.69	25.81	28.64
Price to Revenue (P/Rev)	4.42	4.15	5.63	4.87	4.89	5.26	4.64	4.77	5.77	3.95	4.31
Price to Earnings (P/E)	47.99	45.11	72.39	59.55	67.65	80.50	64.35	78.57	107.19	88.30	153.76
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.08%	2.22%	1.38%	1.68%	1.48%	1.24%	1.55%	1.27%	0.93%	1.13%	0.65%
Enterprise Value to Invested Capital (EV/IC)	61.78	143.86	110.92	131.80	95.26	103.12	57.01	72.35	58.32	38.89	21.60
Enterprise Value to Revenue (EV/Rev)	4.26	3.97	5.46	4.69	4.73	5.11	4.52	4.66	5.69	3.88	4.34
Enterprise Value to EBITDA (EV/EBITDA)	27.68	25.92	44.94	36.17	36.14	34.60	27.55	30.51	40.17	29.95	41.44
Enterprise Value to EBIT (EV/EBIT)	35.84	33.66	66.28	51.72	53.85	48.45	37.51	43.69	63.36	48.00	81.05
Enterprise Value to NOPAT (EV/NOPAT)	42.93	39.87	75.70	55.07	57.93	55.16	46.21	57.75	80.01	63.29	92.51
Enterprise Value to Operating Cash Flow (EV/OCF)	12.83	10.41	14.58	12.82	12.74	15.01	13.01	12.79	16.20	14.22	20.00
Enterprise Value to Free Cash Flow (EV/FCFF)	65.68	36.76	66.92	48.63	45.59	44.71	28.15	25.35	34.94	90.97	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.49	1.52	1.53	1.44	1.51	1.68	1.85	2.38	2.63	2.89	3.16
Long-Term Debt to Equity	0.77	0.87	0.97	0.84	0.85	0.94	1.02	1.37	1.48	1.72	1.97
Financial Leverage	-0.72	-0.82	-0.70	-0.76	-0.65	-0.63	-0.31	-0.25	-0.09	-0.42	0.31
Leverage Ratio	5.57	5.77	5.75	5.97	6.13	6.40	6.42	6.97	6.95	7.10	10.70
Compound Leverage Factor	5.55	5.72	5.78	5.97	5.96	6.46	6.25	6.75	6.72	6.83	9.41
Debt to Total Capital	59.79%	60.30%	60.47%	59.02%	60.18%	62.72%	64.90%	70.42%	72.44%	74.26%	75.98%
Short-Term Debt to Total Capital	28.68%	25.80%	22.22%	24.69%	26.38%	27.82%	29.09%	30.02%	31.51%	30.02%	28.66%
Long-Term Debt to Total Capital	31.12%	34.50%	38.25%	34.32%	33.80%	34.90%	35.81%	40.40%	40.93%	44.25%	47.32%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	40.21%	39.70%	39.53%	40.98%	39.82%	37.28%	35.10%	29.58%	27.56%	25.74%	24.02%
Debt to EBITDA	2.16	2.08	2.73	2.37	2.51	2.32	2.26	2.82	3.30	3.78	5.09
Net Debt to EBITDA	-1.00	-1.19	-1.38	-1.37	-1.28	-1.04	-0.74	-0.76	-0.57	-0.54	0.31
Long-Term Debt to EBITDA	1.12	1.19	1.72	1.38	1.41	1.29	1.25	1.62	1.86	2.25	3.17
Debt to NOPAT	3.35	3.20	4.59	3.61	4.02	3.70	3.79	5.34	6.57	7.98	11.37
Net Debt to NOPAT	-1.56	-1.83	-2.32	-2.09	-2.05	-1.66	-1.24	-1.44	-1.13	-1.14	0.69
Long-Term Debt to NOPAT	1.74	1.83	2.90	2.10	2.26	2.06	2.09	3.06	3.71	4.75	7.08
Altman Z-Score	3.89	3.79	4.63	4.42	4.20	4.53	4.16	4.01	4.48	3.31	3.61
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.20	1.21	1.25	1.28	1.27	1.27	1.27	1.28	1.28	1.28	1.34
Quick Ratio	0.77	0.73	0.78	0.81	0.78	0.78	0.78	0.72	0.75	0.71	0.75
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-236	862	600	770	723	567	1,390	1,655	1,312	3.47	-1,395
Operating Cash Flow to CapEx	379.04%	946.28%	720.72%	1,028.42%	1,035.62%	1,071.11%	746.83%	1,238.60%	965.17%	1,364.60%	683.02%
Free Cash Flow to Firm to Interest Expense	-6.05	17.95	15.01	19.75	19.02	14.93	26.22	33.78	38.58	0.00	-15.16
Operating Cash Flow to Interest Expense	26.44	60.92	40.00	48.26	39.79	50.74	17.75	28.82	25.26	0.00	7.87
Operating Cash Flow Less CapEx to Interest Expense	19.46	54.48	34.45	43.56	35.95	46.00	15.38	26.49	22.65	0.00	6.72
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.96	0.97	0.95	0.97	0.94	0.96	0.98	0.93	0.91	0.90	1.03
Accounts Receivable Turnover	103.85	101.10	98.11	97.76	103.44	105.64	101.86	95.14	99.78	94.56	108.27
Inventory Turnover	48.68	48.91	40.95	42.02	43.49	43.93	39.09	35.59	32.40	32.86	31.72
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	11.46	0.00	11.73
Accounts Payable Turnover	1.57	1.56	1.58	1.53	1.52	1.50	1.65	1.62	1.70	1.61	2.66
Days Sales Outstanding (DSO)	3.51	3.61	3.72	3.73	3.53	3.46	3.58	3.84	3.66	3.86	3.37
Days Inventory Outstanding (DIO)	7.50	7.46	8.91	8.69	8.39	8.31	9.34	10.26	11.26	11.11	11.51
Days Payable Outstanding (DPO)	232.07	233.99	231.01	238.26	240.89	243.68	221.69	225.78	215.01	226.95	137.46
Cash Conversion Cycle (CCC)	-221.05	-222.91	-218.37	-225.85	-228.97	-231.92	-208.77	-211.68	-200.09	-211.99	-122.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,545	573	910	609	775	748	1,085	802	1,120	1,075	1,944
Invested Capital Turnover	19.29	31.46	18.54	24.25	16.49	16.57	9.05	8.63	6.97	11.06	8.40
Increase / (Decrease) in Invested Capital	770	-175	-175	-193	-345	-327	-859	-1,284	-1,053	201	1,588
Enterprise Value (EV)	95,445	82,430	100,937	80,269	73,829	77,133	61,855	58,026	65,323	41,810	41,982
Market Capitalization	98,904	86,208	104,029	83,316	76,444	79,456	63,511	59,476	66,243	42,562	41,669
Book Value per Share	$98.70	$85.82	$78.94	$72.11	$66.87	$60.74	$54.72	$44.85	$40.59	$36.33	$32.40
Tangible Book Value per Share	$94.88	$82.65	$75.76	$68.92	$63.51	$57.30	$51.13	$41.11	$36.93	$32.79	$28.90
Total Capital	12,446	10,960	10,125	8,921	8,513	8,238	7,810	7,614	7,401	7,099	6,790
Total Debt	7,442	6,609	6,123	5,265	5,123	5,167	5,069	5,362	5,361	5,272	5,159
Total Long-Term Debt	3,873	3,781	3,873	3,062	2,877	2,875	2,797	3,076	3,029	3,141	3,213
Net Debt	-3,459	-3,778	-3,092	-3,047	-2,615	-2,323	-1,656	-1,450	-920	-752	313
Capital Expenditures (CapEx)	272	309	222	183	146	180	126	114	89	113	106
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2,336	-2,817	-2,228	-2,128	-1,994	-2,039	-1,560	-1,703	-1,162	-1,180	-176
Debt-free Net Working Capital (DFNWC)	7,244	6,367	5,761	5,768	5,495	5,289	5,016	4,960	4,841	4,522	4,295
Net Working Capital (NWC)	3,675	3,539	3,511	3,565	3,249	2,997	2,744	2,674	2,509	2,391	2,349
Net Nonoperating Expense (NNE)	40	48	28	46	34	75	172	109	58	39	64
Net Nonoperating Obligations (NNO)	-3,459	-3,778	-3,092	-3,047	-2,615	-2,323	-1,656	-1,450	-920	-752	313
Total Depreciation and Amortization (D&A)	240	188	153	188	202	169	97	193	178	112	75
Debt-free, Cash-free Net Working Capital to Revenue	-10.44%	-13.56%	-12.05%	-12.44%	-12.77%	-13.50%	-11.39%	-13.66%	-10.13%	-10.95%	-1.82%
Debt-free Net Working Capital to Revenue	32.37%	30.64%	31.15%	33.72%	35.18%	35.01%	36.61%	39.80%	42.19%	41.95%	44.44%
Net Working Capital to Revenue	16.42%	17.03%	18.99%	20.84%	20.80%	19.84%	20.03%	21.46%	21.86%	22.18%	24.30%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$9.74	$12.60	$7.83	$10.48	$6.78	$3.23	$7.18	$5.22	$4.01	$3.27	$2.57
Adjusted Weighted Average Basic Shares Outstanding	50.70M	50.70M	50.70M	50.70M	50.70M	50.26M	50.01M	50.16M	50.25M	50.35M	50.33M
Adjusted Diluted Earnings per Share	$9.74	$12.60	$7.83	$10.48	$6.78	$3.17	$7.16	$5.16	$3.97	$3.24	$2.56
Adjusted Weighted Average Diluted Shares Outstanding	50.70M	50.70M	50.70M	50.70M	50.70M	51.01M	50.21M	51.15M	51.24M	51.34M	51.32M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	50.70M	50.70M	50.70M	50.70M	50.70M	50.70M	50.56M	50.09M	50.21M	50.26M	50.29M
Normalized Net Operating Profit after Tax (NOPAT)	534	687	425	577	378	240	531	371	259	204	193
Normalized NOPAT Margin	9.00%	11.33%	8.01%	11.38%	8.71%	5.45%	13.51%	10.36%	8.12%	6.30%	7.17%
Pre Tax Income Margin	11.90%	12.59%	9.79%	13.17%	11.10%	5.22%	13.52%	13.17%	10.04%	9.49%	7.36%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	18.15	16.04	12.93	17.13	13.00	6.00	10.30	9.94	9.74	0.00	2.45
NOPAT to Interest Expense	13.69	14.31	10.63	14.80	9.94	6.32	10.01	7.58	7.61	0.00	2.10
EBIT Less CapEx to Interest Expense	11.18	9.60	7.38	12.44	9.16	1.26	7.92	7.61	7.12	0.00	1.29
NOPAT Less CapEx to Interest Expense	6.72	7.87	5.08	10.11	6.10	1.59	7.64	5.25	4.99	0.00	0.94
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.05%	0.07%	10.72%	26.11%	36.07%	39.41%	37.12%	27.51%	30.71%	59.41%

Frequently Asked Questions About MercadoLibre's Financials

When does MercadoLibre's fiscal year end?

According to the most recent income statement we have on file, MercadoLibre's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has MercadoLibre's net income changed over the last 9 years?

MercadoLibre's net income appears to be on an upward trend, with a most recent value of $1.91 billion in 2024, rising from $105.79 million in 2015. The previous period was $987 million in 2023. Find out what analysts predict for MercadoLibre in the coming months.

What is MercadoLibre's operating income?

MercadoLibre's total operating income in 2024 was $2.63 billion, based on the following breakdown:

Total Gross Profit: $7.72 billion
Total Operating Expenses: $5.09 billion

How has MercadoLibre revenue changed over the last 9 years?

Over the last 9 years, MercadoLibre's total revenue changed from $651.79 million in 2015 to $20.78 billion in 2024, a change of 3,087.7%.

How much debt does MercadoLibre have?

MercadoLibre's total liabilities were at $20.85 billion at the end of 2024, a 43.4% increase from 2023, and a 3,038.6% increase since 2015.

How much cash does MercadoLibre have?

In the past 9 years, MercadoLibre's cash and equivalents has ranged from $166.88 million in 2015 to $2.64 billion in 2024, and is currently $2.64 billion as of their latest financial filing in 2024.

How has MercadoLibre's book value per share changed over the last 9 years?

Over the last 9 years, MercadoLibre's book value per share changed from 7.69 in 2015 to 85.82 in 2024, a change of 1,016.4%.

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This page (NASDAQ:MELI) was last updated on 5/20/2025 by MarketBeat.com Staff

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MercadoLibre (MELI) Financials

Frequently Asked Questions About MercadoLibre's Financials

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MercadoLibre (MELI) Financials

Annual Income Statements for MercadoLibre

Quarterly Income Statements for MercadoLibre

Annual Cash Flow Statements for MercadoLibre

Quarterly Cash Flow Statements for MercadoLibre

Annual Balance Sheets for MercadoLibre

Quarterly Balance Sheets for MercadoLibre

Annual Metrics And Ratios for MercadoLibre

Quarterly Metrics And Ratios for MercadoLibre

Frequently Asked Questions About MercadoLibre's Financials

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