# MercadoLibre share price today (MercadoLibre, Inc., MELI)

> MercadoLibre, Inc.'s P/E is near the low end of its own history, higher than only 8% of past readings, and its quarterly results are still getting worse. MELI · Consumer Discretionary · Internet Retail · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/meli

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: $1,747 (−17.1% in a year)
- P/E: 47.5× (lower than 92% of the last 4.6 years)
- Revenue (Jun 2026): $10.2 B (+49.8% on a year ago)
- Profit (Jun 2026): $466 M (−10.9% on a year ago)
- Operating margin: 6.7% (−5.5 points on a year ago)
- ROE: 30%, FY25
- ROIC: 14.2%, against a 10.1% cost of capital: +4.1 points

The main question: the P/E is near the low end of its own history, higher than only 8% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the MercadoLibre share price today? MercadoLibre, Inc.'s share price was $1,747 at the close on 4 November 2026. It has been falling for 3 weeks. That is 3.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $1,547 and $2,178, and at that close it sat 32% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 7 weeks running. Over the last 10 years the share price moved +1,095% while the S&P 500 moved +261%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does MercadoLibre pay? MercadoLibre, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is MercadoLibre on? MercadoLibre is on one of our US lists: Nasdaq 100 companies. [Nasdaq 100 companies](https://www.sectoralpha.in/nasdaq-100-stocks)

## Is MercadoLibre profitable? MercadoLibre, Inc. earned $466 M of net profit in the Jun 2026 quarter, −10.9% on the same quarter a year earlier. Full-year FY25 profit was $2.0 B. Over 4 years profit has grown 121.5% a year on average. That is 4.6% of the quarter's revenue. The same quarter a year earlier earned $523 M. For the full year, FY25 profit was $2.0 B (+4.5% on the year before). Why profit moved: revenue changed +49.8% on a year earlier and the margin moved −5.5 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −8.3% and revenue +45.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does MercadoLibre make, and is it growing? MercadoLibre, Inc. reported $10.2 B of revenue in the Jun 2026 quarter, +49.8% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 42.2% a year on average. The last full year, FY25, came in at $28.9 B. The last four reported quarters add to $35.2 B. FY25 revenue was $28.9 B, +39.1% on the year before. Recent pace: the last four quarters grew +45.7% on average, against 42.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +46.0%, against +40.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −9.3%, against +15.4% a year (rolling over). ## How much of every $100 of sales does MercadoLibre keep? MercadoLibre, Inc.'s operating margin was 6.7% in the Jun 2026 quarter, 5.5 percentage points lower than the same quarter a year ago. Across 5 years it has been between 6.4% and 14.6%. The latest quarter is within that range. Why the margin moved: operating margin changed −5.5 percentage points on the year while gross margin changed −4.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is MercadoLibre's profit turning into cash? Over the last 3 years, 514% of MercadoLibre, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $12.1 B of operating cash against $2.0 B of profit. After $1.3 B of spending on assets, $10.8 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does MercadoLibre's cash go? MercadoLibre, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $2.7 B on assets over the last 3 years. Averaged over those years that is 3.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $2.7 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is MercadoLibre's P/E ratio, and how does it compare with its own history? MercadoLibre, Inc.'s P/E is 47.5×, near the low end of its own history: it has been lower only 8% of the time. Its usual P/E (the middle reading) is 70.7×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +4.5% while the price moved −17.1%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +8.0% a year; about +23.5% a year came from earnings growth and about −15.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the MercadoLibre business getting better or worse? MercadoLibre, Inc.'s business is getting worse. Profit and EPS growth are shrinking: profit growth is −9.3% in the latest quarter, against +264.2% at its best in 12 quarters, with ROCE falling at 22.2%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does MercadoLibre earn on its capital? MercadoLibre, Inc. earned a ROE of 30% in FY25. That is up from a low of 5% in FY21. Its return on capital used (ROIC) is 4.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 6.9% net margin and 0.68× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.9% net margin × 0.68× asset turnover × 6.32× leverage (assets divided by equity) ≈ 29.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 14.2% − 10.1% = +4.1 percentage points. The 10.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 14.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 28.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does MercadoLibre have too much debt? MercadoLibre, Inc. has total debt of $13.2 B against shareholder equity of $7.8 B as of Jun 2026, so its debt is 1.69× its equity. Year by year, that ratio went from 2.60 in FY21 to 1.69 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the MercadoLibre shareholding pattern? 2.0% of MercadoLibre, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 1.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is MercadoLibre from balance-sheet trouble? For MercadoLibre, Inc., the Z-score is 2.58. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.58 is in the grey area, neither clearly safe nor clearly in trouble. ## How does MercadoLibre rank in its industry? 47.9 out of 100, rank 10 of 16 in Internet Retail, with 81% of the evidence available. MercadoLibre, Inc. scores 47.9 out of 100 against the 16 companies it is compared with in Internet Retail, ranking 10. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 12.4 + 16 + 10.2 + 9.3 = 47.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is MercadoLibre compared with? MercadoLibre ranks 10 of 16 Internet Retail companies on the 4-Factor Sector Score, with 47.9 out of 100. 1. [Maplebear Inc.](https://www.sectoralpha.in/us/stocks/cart) CART · turning · Most evidence points up · 81% evidence 67.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Revenue 12.6% · Profit -1.7% · Operating margin change 0.6 points · 83% evidence Capital efficiency 18.6/25 · ROCE 23.1% · Operating margin 14.1% · 76% evidence Valuation 12.5/20 · P/E 23.6× · PEG 1.16 · 65% evidence Relative strength 19.1/20 · Lead over its industry 39.4% · Lead over S&P 500 27.8% · 1 year 61.1% · 100% evidence · 8 of 12 weeks ahead Exact sum: 17.6 + 18.6 + 12.5 + 19.1 = 67.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Etsy, Inc.](https://www.sectoralpha.in/us/stocks/etsy) ETSY · turning · Most evidence points up · 81% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 3.8% · Profit 28.1% · Operating margin change 3.7 points · 83% evidence Capital efficiency 20.3/25 · ROCE 39.1% · Operating margin 18.7% · 76% evidence Valuation 6.3/20 · P/E 16.9× · PEG 3.68 · 65% evidence Relative strength 19.0/20 · Lead over its industry 48% · Lead over S&P 500 36.7% · 1 year 62.9% · 100% evidence · 5 of 12 weeks ahead Exact sum: 22.1 + 20.3 + 6.3 + 19 = 67.7 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 3. [Wayfair Inc.](https://www.sectoralpha.in/us/stocks/w) W · breaking out · Most evidence points up · 64% evidence 65.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.6/35 · Revenue 7.5% · Profit n/a · Operating margin change 2.2 points · 62% evidence Capital efficiency 15.1/25 · ROCE 32.3% · Operating margin 3% · 76% evidence Valuation 11.5/20 · P/E -21.9× · PEG n/a · 15% evidence Relative strength 18.3/20 · Lead over its industry 38.9% · Lead over S&P 500 26.2% · 1 year 15.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 20.6 + 15.1 + 11.5 + 18.3 = 65.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Global-E Online Ltd.](https://www.sectoralpha.in/us/stocks/glbe) GLBE · turning · Evidence leans up · 64% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 31.4% · Profit n/a · Operating margin change 10 points · 62% evidence Capital efficiency 13.2/25 · ROCE 17.1% · Operating margin 14.9% · 76% evidence Valuation 9.2/20 · P/E 38× · PEG n/a · 15% evidence Relative strength 15.8/20 · Lead over its industry 27% · Lead over S&P 500 15.7% · 1 year 23.3% · 100% evidence · 7 of 12 weeks ahead Exact sum: 24.6 + 13.2 + 9.2 + 15.8 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Amazon.com, Inc.](https://www.sectoralpha.in/us/stocks/amzn) AMZN · quiet · Evidence leans up · 85% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 15.3% · Profit 76.2% · Operating margin change 2.8 points · 95% evidence Capital efficiency 11.8/25 · ROCE 10.3% · Operating margin 13.9% · 76% evidence Valuation 16.0/20 · P/E 19.9× · PEG 0.68 · 65% evidence Relative strength 11.5/20 · Lead over its industry 13.1% · Lead over S&P 500 3.6% · 1 year 8.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 11.8 + 16 + 11.5 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Liquidity Services, Inc.](https://www.sectoralpha.in/us/stocks/lqdt) LQDT · leader · Evidence leans up · 81% evidence 60.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 5.4% · Profit 26.9% · Operating margin change 1.8 points · 83% evidence Capital efficiency 16.1/25 · ROCE 17.7% · Operating margin 10.8% · 76% evidence Valuation 9.5/20 · P/E 36.7× · PEG 1.6 · 65% evidence Relative strength 15.5/20 · Lead over its industry 33% · Lead over S&P 500 22.8% · 1 year 106.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 19.1 + 16.1 + 9.5 + 15.5 = 60.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [eBay Inc.](https://www.sectoralpha.in/us/stocks/ebay) EBAY · turning · Evidence leans up · 81% evidence 59.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.5/35 · Revenue 14.7% · Profit 2.1% · Operating margin change 2 points · 83% evidence Capital efficiency 19.0/25 · ROCE 21.6% · Operating margin 21.6% · 76% evidence Valuation 6.3/20 · P/E 22.3× · PEG 3.14 · 65% evidence Relative strength 15.9/20 · Lead over its industry 26.5% · Lead over S&P 500 16.6% · 1 year 49.4% · 100% evidence · 3 of 12 weeks ahead Exact sum: 18.5 + 19 + 6.3 + 15.9 = 59.7 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Chewy, Inc.](https://www.sectoralpha.in/us/stocks/chwy) CHWY · turning · Evidence leans up · 85% evidence 56.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.8/35 · Revenue 5.9% · Profit 81.5% · Operating margin change 0.3 points · 95% evidence Capital efficiency 15.5/25 · ROCE 20.7% · Operating margin 2.5% · 76% evidence Valuation 9.3/20 · P/E 33.8× · PEG 1.65 · 65% evidence Relative strength 9.5/20 · Lead over its industry -3% · Lead over S&P 500 -13.2% · 1 year -30.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 21.8 + 15.5 + 9.3 + 9.5 = 56.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Revolve Group, Inc.](https://www.sectoralpha.in/us/stocks/rvlv) RVLV · quiet · Evidence leans up · 81% evidence 50.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.2/35 · Revenue 10.7% · Profit 62.2% · Operating margin change 0.2 points · 83% evidence Capital efficiency 13.3/25 · ROCE 14.6% · Operating margin 6.4% · 76% evidence Valuation 14.4/20 · P/E 22.5× · PEG 0.94 · 65% evidence Relative strength 2.4/20 · Lead over its industry -13.7% · Lead over S&P 500 -22.1% · 1 year -6.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 20.2 + 13.3 + 14.4 + 2.4 = 50.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. MercadoLibre, Inc. this page MELI · quiet · Evidence leans down · 81% evidence 47.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.4/35 · Revenue 46% · Profit -9.3% · Operating margin change -5.5 points · 83% evidence Capital efficiency 16.0/25 · ROCE 19.4% · Operating margin 6.7% · 76% evidence Valuation 10.2/20 · P/E 46.2× · PEG 1.28 · 65% evidence Relative strength 9.3/20 · Lead over its industry -2.1% · Lead over S&P 500 -11.3% · 1 year -17.1% · 100% evidence · 5 of 12 weeks ahead Exact sum: 12.4 + 16 + 10.2 + 9.3 = 47.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Sea Limited](https://www.sectoralpha.in/us/stocks/se) SE · quiet · Evidence leans down · 81% evidence 47.3 out of 100 Growth Capital Valuation Relative
12. [DoorDash, Inc.](https://www.sectoralpha.in/us/stocks/dash) DASH · quiet · Evidence leans down · 71% evidence 42.3 out of 100 Growth Capital Valuation Relative
13. [ThredUp Inc.](https://www.sectoralpha.in/us/stocks/tdup) TDUP · basing · Evidence leans down · 61% evidence 35.4 out of 100 Growth Capital Valuation Relative
14. [Jumia Technologies AG](https://www.sectoralpha.in/us/stocks/jmia) JMIA · basing · Most evidence points down · 61% evidence 34.3 out of 100 Growth Capital Valuation Relative
15. Newegg Commerce, Inc. NEGG · quiet · Most evidence points down · 64% evidence 33.8 out of 100 Growth Capital Valuation Relative
16. [Coupang, Inc.](https://www.sectoralpha.in/us/stocks/cpng) CPNG · turning · Most evidence points down · 71% evidence 29.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Internet Retail](https://www.sectoralpha.in/us/sectors/internet-retail), all 16 compared on one page. ## Which companies are close to MercadoLibre in size? MercadoLibre is the 4th largest of 24 Internet Retail companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Amazon.com, Inc., Alibaba Group Holding and PDD Holdings Inc. Just below it: DoorDash, Inc., eBay Inc. and Sea. ### Internet Retail companies close in size

1. [Amazon.com, Inc.](https://www.sectoralpha.in/us/stocks/amzn) $2.88 trillion
2. [Alibaba Group Holding Limited](https://www.sectoralpha.in/us/stocks/baba) $261.7 billion
3. [PDD Holdings Inc.](https://www.sectoralpha.in/us/stocks/pdd) $116.9 billion
4. MercadoLibre, Inc. $88.6 billion
5. [DoorDash, Inc.](https://www.sectoralpha.in/us/stocks/dash) $86.7 billion
6. [eBay Inc.](https://www.sectoralpha.in/us/stocks/ebay) $55 billion
7. [Sea Limited](https://www.sectoralpha.in/us/stocks/se) $49.1 billion

[All 24 Internet Retail companies, largest first](https://www.sectoralpha.in/us/sectors/internet-retail#all-companies)

### Companies close in size in other industries

1. [Royal Caribbean Cruises Ltd.](https://www.sectoralpha.in/us/stocks/rcl) $89.1 billion · Travel Services
2. [Synopsys, Inc.](https://www.sectoralpha.in/us/stocks/snps) $88.7 billion · Software - Infrastructure
3. MercadoLibre, Inc. $88.6 billion
4. [Ecolab Inc.](https://www.sectoralpha.in/us/stocks/ecl) $88.4 billion · Specialty Chemicals
5. [Comcast Corporation](https://www.sectoralpha.in/us/stocks/cmcsa) $88.2 billion · Telecom Services

## What else do people ask about MercadoLibre? ### What were MercadoLibre's latest quarterly results? MercadoLibre, Inc. reported revenue of $10.2 B and net profit of $466 M for the Jun 2026 quarter. Revenue rose 49.8% and profit fell 10.9% compared with a year earlier. Earnings per share were $9.19. The operating margin was 6.7%, 5.5 percentage points lower than a year earlier (as of 4 November 2026). ### What is MercadoLibre's market cap? MercadoLibre, Inc.'s market capitalisation is $88.6 B at a stock price of $1,747. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is MercadoLibre performing? MercadoLibre, Inc.'s share price has been falling for 3 weeks. In its latest quarter, revenue rose 49.8% and profit fell 10.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 7 weeks running (as of 4 November 2026). ### Will MercadoLibre's stock price go up? This page does not forecast MercadoLibre, Inc.'s stock price. What it shows instead: the stock price is $1,747, and it has been falling for 3 weeks. Its P/E of 47.5× is higher than 8% of its own last 5 years (as of 4 November 2026). ### Where is MercadoLibre in its business cycle? MercadoLibre, Inc.'s FY25 operating margin was 11.1%, against a 5-year range of 6.4% to 14.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 6.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the MercadoLibre story? The main question: the P/E is near the low end of its own history, higher than only 8% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is MercadoLibre a stock worth studying right now? What the numbers show: MercadoLibre, Inc.'s P/E is near the low end of its own history, higher than only 8% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- Nasdaq 100 companies: https://www.sectoralpha.in/nasdaq-100-stocks

This is research, not advice. We’re not SEBI-registered.