CVNA vs. MELI: Carvana vs. MercadoLibre Stock Comparison

November 11, 2026

How do Carvana (CVNA) and MercadoLibre (MELI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Carvana (CVNA) and MercadoLibre (MELI) both fall under the Consumer Discretionary Distribution & Retail industry group, but CVNA is classified in Specialty Retail while MELI is classified in Broadline Retail.

Company profile comparison for Carvana (CVNA) and MercadoLibre (MELI)
Profile Item	CVNA	MELI
Name	Carvana Co. Class A Common Stock	MercadoLibre Inc.
Country/Region	United States	Uruguay
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry Group	Consumer Discretionary Distribution & Retail	Consumer Discretionary Distribution & Retail
GICS Industry	Specialty Retail	Broadline Retail
GICS Sub-Industry	Automotive Retail	Broadline Retail
Market Capitalization	109.76 billion USD	76.55 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	April 28, 2017	August 10, 2007
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CVNA

MELI

GSPC

Carvana (CVNA) vs. MercadoLibre (MELI), with S&P 500 (GSPC) for reference: 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 Carvana (CVNA) and MercadoLibre (MELI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Carvana (CVNA) and MercadoLibre (MELI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Carvana (CVNA) and MercadoLibre (MELI)
Metric	CVNA	MELI
Total Return (1Y)	23.56%	-26.90%
Total Return (3Y, Annualized)	131.08%	4.74%
Total Return (5Y, Annualized)	4.89%	-2.06%

Risk Profile

Drawdown History

CVNA

MELI

GSPC

Carvana (CVNA) vs. MercadoLibre (MELI), with S&P 500 (GSPC) for reference: 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 Carvana (CVNA) and MercadoLibre (MELI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Carvana (CVNA) and MercadoLibre (MELI)
Metric	CVNA	MELI
Volatility (1Y, Annualized)	61.26%	42.09%
Beta (5Y)	3.60	1.39
Max Drawdown (5Y)	-98.76%	-64.17%
Avg. Volume (3M)	8.89M	581.53K

Risk-Adjusted Performance

Risk-Return Positioning

CVNA and MELI are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Carvana (CVNA) and MercadoLibre (MELI)
Metric	CVNA	MELI
Sharpe Ratio (1Y)	0.31	-0.74
Sortino Ratio (1Y)	0.46	-0.97

Profitability

ROE (TTM)

Carvana (CVNA) at 54.67% sits in the top ROE quartile, while MercadoLibre (MELI) at 26.22% is closer to the peer norm — stronger capital efficiency for CVNA.

CVNA

Consumer Discretionary Distribution & Retail industry group

54.67%

Max: 62.17%
CVNA: 54.67%
Q3: 29.44%
Median: 15.69%
Q1: 6.73%
Min: -12.16%

MELI

Consumer Discretionary Distribution & Retail industry group

26.22%

Max: 62.17%
Q3: 29.44%
MELI: 26.22%
Median: 15.69%
Q1: 6.73%
Min: -12.16%

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their ROE against the Consumer Discretionary Distribution & Retail industry group benchmark.

Net Margin (TTM)

Both Carvana (CVNA) at 6.22% and MercadoLibre (MELI) at 4.91% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CVNA

Consumer Discretionary Distribution & Retail industry group

6.22%

Max: 16.94%
Q3: 8.69%
CVNA: 6.22%
Median: 3.55%
Q1: 1.14%
Min: -9.41%

MELI

Consumer Discretionary Distribution & Retail industry group

4.91%

Max: 16.94%
Q3: 8.69%
MELI: 4.91%
Median: 3.55%
Q1: 1.14%
Min: -9.41%

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their net margin against the Consumer Discretionary Distribution & Retail industry group benchmark.

Operating Margin (TTM)

Both Carvana (CVNA) at 8.91% and MercadoLibre (MELI) at 6.29% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CVNA

Consumer Discretionary Distribution & Retail industry group

8.91%

Max: 21.45%
Q3: 10.89%
CVNA: 8.91%
Median: 5.57%
Q1: 2.28%
Min: -7.12%

MELI

Consumer Discretionary Distribution & Retail industry group

6.29%

Max: 21.45%
Q3: 10.89%
MELI: 6.29%
Median: 5.57%
Q1: 2.28%
Min: -7.12%

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their operating margin against the Consumer Discretionary Distribution & Retail industry group benchmark.

Profitability Metrics

Profitability metrics for Carvana (CVNA) and MercadoLibre (MELI)
Metric	CVNA	MELI
ROE (TTM)	54.67%	26.22%
ROA (TTM)	11.98%	3.80%
Net Margin (TTM)	6.22%	4.91%
Operating Margin (TTM)	8.91%	6.29%
Gross Margin (TTM)	19.04%	46.66%

Growth

Revenue Growth

Both Carvana (CVNA) at 48.63% and MercadoLibre (MELI) at 39.06% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Carvana (CVNA) at 431.45% clears its industry range for EPS growth, a much stronger earnings trajectory than MercadoLibre (MELI) at 4.54%, which is closer to a typical peer reading.

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Carvana (CVNA) and MercadoLibre (MELI)
Metric	CVNA	MELI
Revenue Growth (YoY)	48.63%	39.06%
Revenue Growth (3Y CAGR)	14.31%	38.91%
EPS Growth (YoY)	431.45%	4.54%
EPS Growth (3Y CAGR)	--	60.50%

Financial Strength

Current Ratio (MRQ)

MercadoLibre (MELI) at 1.17 keeps current ratio within its industry’s typical mid-range, while Carvana (CVNA) at 4.05 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

CVNA

Consumer Discretionary Distribution & Retail industry group

4.05

CVNA: 4.05
Max: 2.62
Q3: 1.75
Median: 1.35
Q1: 1.00
Min: 0.48

MELI

Consumer Discretionary Distribution & Retail industry group

1.17

Max: 2.62
Q3: 1.75
Median: 1.35
MELI: 1.17
Q1: 1.00
Min: 0.48

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their current ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Debt / Equity (MRQ)

Both Carvana (CVNA) at 1.01 and MercadoLibre (MELI) at 1.97 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

CVNA

Consumer Discretionary Distribution & Retail industry group

1.01

Max: 3.93
Q3: 2.14
Median: 1.25
CVNA: 1.01
Q1: 0.73
Min: 0.01

MELI

Consumer Discretionary Distribution & Retail industry group

1.97

Max: 3.93
Q3: 2.14
MELI: 1.97
Median: 1.25
Q1: 0.73
Min: 0.01

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their debt-to-equity ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Carvana (CVNA) and MercadoLibre (MELI)
Metric	CVNA	MELI
Current Ratio (MRQ)	4.05	1.17
Debt / Equity (MRQ)	1.01	1.97
Net Debt / EBITDA	0.78	2.23

Dividends

Dividend Yield (TTM)

Neither Carvana (CVNA) nor MercadoLibre (MELI) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CVNA

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 5.84%
Q3: 2.50%
CVNA: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MELI

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 5.84%
Q3: 2.50%
MELI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their dividend yield against the Consumer Discretionary Distribution & Retail industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Carvana (CVNA) nor MercadoLibre (MELI) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CVNA

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 72.73%
Q3: 32.44%
CVNA: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MELI

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 72.73%
Q3: 32.44%
MELI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their payout ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Dividend Metrics

Dividend metrics for Carvana (CVNA) and MercadoLibre (MELI)
Metric	CVNA	MELI
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Both Carvana (CVNA) at 35.37 and MercadoLibre (MELI) at 40.50 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

CVNA

Consumer Discretionary Distribution & Retail industry group

35.37

Max: 40.50
CVNA: 35.37
Q3: 24.26
Median: 19.23
Q1: 12.64
Min: 4.67

MELI

Consumer Discretionary Distribution & Retail industry group

40.50

MELI: 40.50
Max: 40.50
Q3: 24.26
Median: 19.23
Q1: 12.64
Min: 4.67

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their P/E ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

P/S Ratio (TTM)

MercadoLibre (MELI) at 1.99 is priced about in line with its industry on P/S ratio, while Carvana (CVNA) at 4.00 sits in the pricier quartile — CVNA costs more per dollar of sales.

CVNA

Consumer Discretionary Distribution & Retail industry group

4.00

Max: 4.32
CVNA: 4.00
Q3: 1.99
Median: 0.70
Q1: 0.26
Min: 0.03

MELI

Consumer Discretionary Distribution & Retail industry group

1.99

Max: 4.32
MELI: 1.99
Q3: 1.99
Median: 0.70
Q1: 0.26
Min: 0.03

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their P/S ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: MercadoLibre (MELI) at 9.34 sits in the upper P/B ratio quartile, and Carvana (CVNA) at 12.20 prices even higher, above its industry range.

CVNA

Consumer Discretionary Distribution & Retail industry group

12.20

CVNA: 12.20
Max: 10.96
Q3: 5.26
Median: 2.16
Q1: 1.08
Min: -4.45

MELI

Consumer Discretionary Distribution & Retail industry group

9.34

Max: 10.96
MELI: 9.34
Q3: 5.26
Median: 2.16
Q1: 1.08
Min: -4.45

Carvana (CVNA) vs. MercadoLibre (MELI): A comparison of their P/B ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Valuation Metrics

Valuation metrics for Carvana (CVNA) and MercadoLibre (MELI)
Metric	CVNA	MELI
P/E Ratio (TTM)	35.37	40.50
P/S Ratio (TTM)	4.00	1.99
P/B Ratio (MRQ)	12.20	9.34
Free Cash Flow Yield (TTM)	0.59%	-3.36%