MELI vs. PDD: MercadoLibre vs. PDD Stock Comparison

June 13, 2026

This page compares MercadoLibre (MELI) with PDD (PDD) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Performance

Cumulative Growth

MELI

PDD

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

Trailing Returns

Loading price history…

Trailing total returns for MercadoLibre (MELI) and PDD (PDD). Returns over one year are annualized.

Performance at a Glance

Performance metrics for MercadoLibre (MELI) and PDD (PDD)
Metric	MELI	PDD
1-Year Return	-32.89%	-21.14%

Risk

Drawdown

MELI

PDD

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

PDD (PDD) reports a negative beta of -0.02, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. MercadoLibre (MELI) has a non-negative beta of 1.36.

Risk at a Glance

Risk metrics for MercadoLibre (MELI) and PDD (PDD)
Metric	MELI	PDD
1-Year Volatility	39.56%	32.55%
Beta	1.36	-0.02
3-Month Avg. Volume	547.24K	8.81M

Company Profile

MercadoLibre (MELI) and PDD (PDD) are both classified in the Broadline Retail sub-industry within the broader Broadline Retail industry, placing them in the closest GICS peer bucket.

MercadoLibre (MELI) trades as ordinary local shares, while PDD (PDD) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for MercadoLibre (MELI) and PDD (PDD)
Profile Item	MELI	PDD
Name	MercadoLibre, Inc.	PDD Holdings Inc. American Depositary Shares
Country/Region	Uruguay	Ireland
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry Group	Consumer Discretionary Distribution & Retail	Consumer Discretionary Distribution & Retail
GICS Industry	Broadline Retail	Broadline Retail
GICS Sub-Industry	Broadline Retail	Broadline Retail
Market Capitalization	80.59 billion USD	116.09 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	August 10, 2007	July 26, 2018
Security Type	Common Stock	ADR

Valuation

Price-to-Earnings Ratio (TTM)

PDD (PDD) at 8.55 sits in the cheaper P/E ratio quartile, while MercadoLibre (MELI) at 42.01 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

MELI

Consumer Discretionary Distribution & Retail industry group

42.01

Max: 54.29
MELI: 42.01
Q3: 31.64
Median: 20.61
Q1: 12.78
Min: 1.13

PDD

Consumer Discretionary Distribution & Retail industry group

8.55

Max: 54.29
Q3: 31.64
Median: 20.61
Q1: 12.78
PDD: 8.55
Min: 1.13

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

Price-to-Sales Ratio (TTM)

PDD (PDD) at 0.26 looks cheap on sales in the lower P/S ratio quartile, while MercadoLibre (MELI) at 2.53 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

MELI

Consumer Discretionary Distribution & Retail industry group

2.53

Max: 3.65
MELI: 2.53
Q3: 1.78
Median: 0.73
Q1: 0.28
Min: 0.03

PDD

Consumer Discretionary Distribution & Retail industry group

0.26

Max: 3.65
Q3: 1.78
Median: 0.73
Q1: 0.28
PDD: 0.26
Min: 0.03

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

Price-to-Book Ratio (MRQ)

PDD (PDD) at 1.83 is valued about in line with its industry on P/B ratio, while MercadoLibre (MELI) at 11.07 carries an above-peer premium to book — MELI is pricier on assets.

MELI

Consumer Discretionary Distribution & Retail industry group

11.07

MELI: 11.07
Max: 11.07
Q3: 5.11
Median: 2.24
Q1: 1.05
Min: -3.64

PDD

Consumer Discretionary Distribution & Retail industry group

1.83

Max: 11.07
Q3: 5.11
Median: 2.24
PDD: 1.83
Q1: 1.05
Min: -3.64

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

Valuation at a Glance

Valuation metrics for MercadoLibre (MELI) and PDD (PDD)
Metric	MELI	PDD
Price-to-Earnings Ratio (TTM)	42.01	8.55
Price-to-Sales Ratio (TTM)	2.53	0.26
Price-to-Book Ratio (MRQ)	11.07	1.83
Free Cash Flow Yield	-5.09%	61.71%

Profitability

Return on Equity (TTM)

Both MercadoLibre (MELI) at 31.26% and PDD (PDD) at 25.40% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

MELI

Consumer Discretionary Distribution & Retail industry group

31.26%

Max: 63.82%
Q3: 31.67%
MELI: 31.26%
Median: 12.96%
Q1: 4.89%
Min: -29.94%

PDD

Consumer Discretionary Distribution & Retail industry group

25.40%

Max: 63.82%
Q3: 31.67%
PDD: 25.40%
Median: 12.96%
Q1: 4.89%
Min: -29.94%

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

Net Profit Margin (TTM)

PDD (PDD) at 21.62% converts revenue to bottom-line profit above its industry’s benchmark range, while MercadoLibre (MELI) at 6.04% keeps roughly the typical share for its industry.

MELI

Consumer Discretionary Distribution & Retail industry group

6.04%

Max: 20.45%
Q3: 8.75%
MELI: 6.04%
Median: 3.25%
Q1: 0.49%
Min: -11.15%

PDD

Consumer Discretionary Distribution & Retail industry group

21.62%

PDD: 21.62%
Max: 20.45%
Q3: 8.75%
Median: 3.25%
Q1: 0.49%
Min: -11.15%

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

Operating Profit Margin (TTM)

PDD (PDD) at 18.42% operates in the top operating margin quartile, ahead of MercadoLibre (MELI) at 6.91%, which runs around its industry’s norm.

MELI

Consumer Discretionary Distribution & Retail industry group

6.91%

Max: 23.15%
Q3: 11.08%
MELI: 6.91%
Median: 4.61%
Q1: 1.68%
Min: -8.71%

PDD

Consumer Discretionary Distribution & Retail industry group

18.42%

Max: 23.15%
PDD: 18.42%
Q3: 11.08%
Median: 4.61%
Q1: 1.68%
Min: -8.71%

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

Profitability at a Glance

Profitability metrics for MercadoLibre (MELI) and PDD (PDD)
Metric	MELI	PDD
Return on Equity (TTM)	31.26%	25.40%
Return on Assets (TTM)	5.11%	10.33%
Net Profit Margin (TTM)	6.04%	21.62%
Operating Profit Margin (TTM)	6.91%	18.42%
Gross Profit Margin (TTM)	49.47%	55.98%

Growth

Revenue Growth

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

Revenue Growth at a Glance

Revenue growth metrics for MercadoLibre (MELI) and PDD (PDD)
Metric	MELI	PDD
1-Year Revenue Growth	39.06%	9.65%
3-Year Revenue CAGR	38.91%	49.00%

EPS Growth

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

EPS Growth at a Glance

EPS growth metrics for MercadoLibre (MELI) and PDD (PDD)
Metric	MELI	PDD
1-Year EPS Growth	4.54%	-11.79%
3-Year EPS CAGR	60.50%	45.15%

Financial Strength

Current Ratio (MRQ)

MercadoLibre (MELI) at 1.16 keeps current ratio within its industry’s typical mid-range, while PDD (PDD) at 2.54 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

MELI

Consumer Discretionary Distribution & Retail industry group

1.16

Max: 2.97
Q3: 1.87
Median: 1.38
MELI: 1.16
Q1: 1.03
Min: 0.46

PDD

Consumer Discretionary Distribution & Retail industry group

2.54

Max: 2.97
PDD: 2.54
Q3: 1.87
Median: 1.38
Q1: 1.03
Min: 0.46

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

Debt-to-Equity Ratio (MRQ)

PDD (PDD) at 0.01 keeps leverage in the lower industry quartile, while MercadoLibre (MELI) at 1.70 runs a more typical debt-to-equity mix.

MELI

Consumer Discretionary Distribution & Retail industry group

1.70

Max: 3.27
Q3: 1.82
MELI: 1.70
Median: 1.09
Q1: 0.67
Min: 0.01

PDD

Consumer Discretionary Distribution & Retail industry group

0.01

Max: 3.27
Q3: 1.82
Median: 1.09
Q1: 0.67
PDD: 0.01
Min: 0.01

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

Financial Strength at a Glance

Financial strength metrics for MercadoLibre (MELI) and PDD (PDD)
Metric	MELI	PDD
Current Ratio (MRQ)	1.16	2.54
Debt-to-Equity Ratio (MRQ)	1.70	0.01
Net Debt / EBITDA	1.70	-4.44

Dividends

Dividend Yield (TTM)

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

MELI

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 6.62%
Q3: 2.66%
MELI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

PDD

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 6.62%
Q3: 2.66%
PDD: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

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

MELI

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 78.51%
Q3: 33.46%
MELI: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

PDD

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 78.51%
Q3: 33.46%
PDD: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividends at a Glance

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