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Stocks/Consumer Discretionary/Broadline Retail

MercadoLibreMELI

Broadline Retail
High qualityPricier than peers
$1,624.53−2.14%After hours: $1,624.00 (−0.03%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 29.2% over 1 year
MercadoLibre over 1 yearDaily close, $, to 30 Oct 2026
$1,750$2,000$2,250Nov2026MarMayJulSep$1,625$2,000NovMarJul$1,625
Source: Nasdaq daily closes
Market value$82.36B
Price to earnings44.2x
Forward P/E37.8x
Dividend yield–
Year to date−19.3%
One year−29.2%
Next earningsWed 4 Nov, after the close
SectorConsumer Discretionary
52-week range (closes)
$1,546.81$2,360.76

The latest on MercadoLibre

Our stories first, then the headlines that could move it, newest first.

NewBig movers

Stocks Making Big Moves Yesterday: Nu Holdings, Fair Isaac, Lumentum, MercadoLibre and DoorDash

NewWhy it moved

Nu Holdings (NU) and MercadoLibre (MELI) Shares Slide After Lula Wins in Brazil

Quality and valuation

How MercadoLibre compares with other consumer discretionary stocks. A description, not a recommendation.

MercadoLibre and 3 broadline retail peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most consumer discretionary companies, priced above most of them.

MercadoLibre trades at 37.8 times the next 12 months of expected earnings, against a median of 19.5x for the 66 consumer discretionary stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +46.0% vs +8.1%
  • Keeps more of each sale (gross margin): 42.7% vs 40.5%
  • Less profitable (operating margin): 8.3% vs 13.8%
  • Turns more of its sales into cash: 35.3% vs 10.1%
MELI trades at 37.8x forward earnings, above the sector medianForward p/e, Broadline Retail peers
JD6.9xPDD6.9xBABA12.3xEBAY19.2xAMZN25.7xMELI37.8xSE47.3xCPNG73.7xSector median 19.5xJD6.9xPDD6.9xBABA12.3xEBAY19.2xAMZN25.7xMELI37.8xSE47.3xCPNG73.7xSector median 19.5x
Source: CNBC quotes; Mostly Markets
At 44.2x earnings, MELI is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
40x50x60x70xAverage 56.3x2025202644.2x40x60xAverage 56.3x2025202644.2x
Source: Nasdaq prices; SEC filings

Financials

From MercadoLibre's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 49.8% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$5bn$10bnQ3 ’24Q1 ’25Q3 ’25$10.2bnQ2 ’26$0bn$5bn$10bnQ3 ’24Q1 ’25Q3 ’25$10.2bnQ2 ’26
Source: SEC filings
Growth sped up to +49.8% last quarterRevenue growth, year on year, %
0%20%40%Q3 ’24Q1 ’25Q3 ’2549.8%Q2 ’260%20%40%Q3 ’24Q1 ’25Q3 ’2549.8%Q2 ’26
Source: SEC filings
Operating margin was 6.7% last quarterOperating income as a share of revenue, %
0%5%10%Q3 ’24Q1 ’25Q3 ’256.7%Q2 ’260%5%10%Q3 ’24Q1 ’25Q3 ’256.7%Q2 ’26
Source: SEC filings
Free cash flow was $12.4 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$2bn$4bnQ3 ’24Q1 ’25Q3 ’25$3.2bnQ2 ’26$0bn$2bn$4bnQ3 ’24Q1 ’25Q3 ’25$3.2bnQ2 ’26
Source: SEC filings
Last 12 monthsMELISector median
Revenue growth+46.0%+8.1%
Gross margin42.7%40.5%
Operating margin8.3%13.8%
Free cash flow margin35.3%10.1%
Price to earnings44.2x21.0x

Similar companies

Broadline Retail, by market value.

CompanyPriceTodayYTDValue
AMZNAmazon$240.35−1.41%+4.1%$2.59T
BABAAlibaba$98.04−1.51%−33.1%$244B
PDDPDD Holdings$78.61−0.85%−30.7%$112B
EBAYeBay$121.64+0.37%+39.7%$54.13B
SESea Limited$74.24−3.02%−41.8%$42.09B
JDJD.com$25.68+0.20%−10.5%$36.19B
CPNGCoupang$14.37−1.37%−39.1%$25.83B
ETSYEtsy$88.96−2.87%+60.5%$7.67B