MercadoLibre (MELI) Stock Analysis

September 7, 2026

This is a peer-relative look at MercadoLibre (MELI): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Consumer Discretionary Distribution & Retail peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for MercadoLibre (MELI)
Profile Item	MELI
Name	MercadoLibre Inc.
Country/Region	Uruguay
GICS Sector	Consumer Discretionary
GICS Industry Group	Consumer Discretionary Distribution & Retail
GICS Industry	Broadline Retail
GICS Sub-Industry	Broadline Retail
Market Capitalization	100.30 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	August 10, 2007
Security Type	Common Stock

Price Performance

Cumulative Growth

MELI

GSPC

MercadoLibre (MELI) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for MercadoLibre (MELI) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for MercadoLibre (MELI) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

MercadoLibre (MELI) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: MELI	Industry group median
Total Return (1Y)	-18.18%	-10.83%
Total Return (3Y, Annualized)	11.64%	3.54%
Total Return (5Y, Annualized)	0.33%	-2.26%

Risk Profile

Drawdown History

MELI

GSPC

MercadoLibre (MELI) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for MercadoLibre (MELI) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

MercadoLibre (MELI) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: MELI	Industry group median
Volatility (1Y, Annualized)	41.17%	47.66%
Beta (5Y)	1.29	1.13
Max Drawdown (5Y)	-68.64%	-69.34%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. MELI is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

MercadoLibre (MELI) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: MELI	Industry group median
Sharpe Ratio (1Y)	-0.54	-0.31
Sortino Ratio (1Y)	-0.71	-0.46

Profitability

ROE (TTM)

MercadoLibre (MELI) posts ROE of 27.50%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

MELI

Consumer Discretionary Distribution & Retail industry group

27.50%

Group distribution

Max: 63.82%
Q3: 32.42%
MELI: 27.50%
Median: 14.20%
Q1: 5.73%
Min: -27.22%

Largest peers

HD: 104.30%
TJX: 62.17%
AMZN: 30.56%
MELI: 27.50%
PDD: 22.75%
BABA: 6.36%
LOW: --

Where MercadoLibre (MELI) stands on ROE within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

MercadoLibre (MELI) keeps 5.30% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

MELI

Consumer Discretionary Distribution & Retail industry group

5.30%

Group distribution

Max: 20.45%
Q3: 9.06%
MELI: 5.30%
Median: 3.37%
Q1: 0.86%
Min: -10.82%

Largest peers

PDD: 20.43%
AMZN: 17.44%
TJX: 9.73%
HD: 8.41%
LOW: 7.35%
BABA: 7.04%
MELI: 5.30%

Where MercadoLibre (MELI) stands on net margin within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

MercadoLibre (MELI) turns 6.72% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

MELI

Consumer Discretionary Distribution & Retail industry group

6.72%

Group distribution

Max: 24.71%
Q3: 11.23%
MELI: 6.72%
Median: 5.44%
Q1: 2.16%
Min: -7.86%

Largest peers

PDD: 24.71%
AMZN: 13.69%
LOW: 13.37%
HD: 12.86%
TJX: 10.91%
BABA: 7.30%
MELI: 6.72%

Where MercadoLibre (MELI) stands on operating margin within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

MercadoLibre (MELI) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: MELI	Industry group median
ROE (TTM)	27.50%	14.20%
ROA (TTM)	4.31%	5.37%
Net Margin (TTM)	5.30%	3.37%
Operating Margin (TTM)	6.72%	5.44%
Gross Margin (TTM)	47.75%	38.28%

Growth

Revenue Growth

MercadoLibre (MELI) grew revenue 39.06%, above the industry benchmark range. Demand is expanding faster than at any typical peer, though growth that far ahead of the group is worth checking for acquisitions or other one-off contributions.

MercadoLibre (MELI): Revenue Growth across different time periods, set against Consumer Discretionary Distribution & Retail industry-group medians.

EPS Growth

MercadoLibre (MELI) grew earnings per share 4.54%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

MercadoLibre (MELI): EPS Growth across different time periods, set against Consumer Discretionary Distribution & Retail industry-group medians.

Growth Metrics

MercadoLibre (MELI) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: MELI	Industry group median
Revenue Growth (YoY)	39.06%	5.12%
Revenue Growth (3Y CAGR)	38.91%	3.00%
EPS Growth (YoY)	4.54%	0.00%
EPS Growth (3Y CAGR)	60.50%	-4.99%

Financial Strength

Current Ratio (MRQ)

MercadoLibre (MELI) has current ratio of 1.12, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

MELI

Consumer Discretionary Distribution & Retail industry group

1.12

Group distribution

Max: 3.13
Q3: 1.88
Median: 1.41
MELI: 1.12
Q1: 1.03
Min: 0.49

Largest peers

PDD: 2.62
BABA: 1.36
TJX: 1.15
MELI: 1.12
LOW: 1.11
HD: 1.08
AMZN: 1.03

Where MercadoLibre (MELI) stands on current ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

MercadoLibre (MELI) has debt-to-equity ratio of 1.69, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

MELI

Consumer Discretionary Distribution & Retail industry group

1.69

Group distribution

Max: 3.39
Q3: 1.76
MELI: 1.69
Median: 1.08
Q1: 0.66
Min: 0.01

Largest peers

HD: 3.80
MELI: 1.69
TJX: 1.34
AMZN: 0.46
BABA: 0.24
PDD: 0.01
LOW: --

Where MercadoLibre (MELI) stands on debt-to-equity ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

MercadoLibre (MELI) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: MELI	Industry group median
Current Ratio (MRQ)	1.12	1.41
Debt / Equity (MRQ)	1.69	1.08
Net Debt / EBITDA	1.92	2.49

Dividends

Dividend Yield (TTM)

MercadoLibre (MELI) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

MELI

Consumer Discretionary Distribution & Retail industry group

0.00%

Group distribution

Max: 4.87%
Q3: 2.44%
MELI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

BABA: 6.48%
LOW: 2.40%
HD: 1.46%
TJX: 1.37%
MELI: 0.00%
AMZN: 0.00%
PDD: 0.00%

Where MercadoLibre (MELI) stands on dividend yield within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

MercadoLibre (MELI) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

MELI

Consumer Discretionary Distribution & Retail industry group

0.00%

Group distribution

Max: 67.85%
Q3: 31.80%
MELI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

HD: 64.80%
LOW: 41.00%
TJX: 32.50%
BABA: 24.04%
MELI: 0.00%
AMZN: 0.00%
PDD: 0.00%

Where MercadoLibre (MELI) stands on payout ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

MercadoLibre (MELI) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: MELI	Industry group median
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

MercadoLibre (MELI) trades at P/E ratio of 53.76, above the peer range for its industry. The market is paying unusually heavily for TTM earnings relative to comparable companies.

MELI

Consumer Discretionary Distribution & Retail industry group

53.76

Group distribution

MELI: 53.76
Max: 43.60
Q3: 25.79
Median: 17.46
Q1: 12.45
Min: 0.95

Largest peers

MELI: 53.76
BABA: 25.62
TJX: 24.46
HD: 22.47
AMZN: 20.80
LOW: 17.27
PDD: 8.87

Where MercadoLibre (MELI) stands on P/E ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

MercadoLibre (MELI) trades at 2.85 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

MELI

Consumer Discretionary Distribution & Retail industry group

2.85

Group distribution

Max: 3.35
MELI: 2.85
Q3: 1.59
Median: 0.73
Q1: 0.28
Min: 0.03

Largest peers

AMZN: 3.59
MELI: 2.85
TJX: 2.34
HD: 1.89
LOW: 1.27
BABA: 0.27
PDD: 0.26

Where MercadoLibre (MELI) stands on P/S ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

MercadoLibre (MELI) trades at 12.80 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

MELI

Consumer Discretionary Distribution & Retail industry group

12.80

Group distribution

MELI: 12.80
Max: 9.86
Q3: 4.94
Median: 1.88
Q1: 1.17
Min: -3.73

Largest peers

HD: 19.28
TJX: 14.03
MELI: 12.80
AMZN: 5.05
PDD: 1.74
BABA: 1.69
LOW: -15.42

Where MercadoLibre (MELI) stands on P/B ratio within its Consumer Discretionary Distribution & Retail peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

MercadoLibre (MELI) metric values compared with Consumer Discretionary Distribution & Retail industry-group medians
Metric	Current stock: MELI	Industry group median
P/E Ratio (TTM)	53.76	17.46
P/S Ratio (TTM)	2.85	0.73
P/B Ratio (MRQ)	12.80	1.88
Free Cash Flow Yield (TTM)	0.35%	3.43%