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MercadoLibre stock: key metrics
MELIMercadoLibre had an operating margin of 11.1% and a return on invested capital (ROIC) of 23.3% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 76.8% | 10.4% | 2.1% |
| 2007 | 78.5% | 25.4% | 11.4% |
| 2008 | 79.9% | 27.4% | 13.7% |
| 2009 | 79.2% | 32.4% | 19.2% |
| 2010 | 78.5% | 34.4% | 25.9% |
| 2011 | 75.9% | 33.4% | 25.7% |
| 2012 | 73.7% | 34.7% | 27.1% |
| 2013 | 72.5% | 32.5% | 24.9% |
| 2014 | 71.4% | 21.6% | 13.0% |
| 2015 | 67.0% | 21.4% | 16.2% |
| 2016 | 63.6% | 21.4% | 16.1% |
| 2017 | 59.2% | 4.6% | 1.1% |
| 2018 | 48.4% | −4.8% | −2.5% |
| 2019 | 48.0% | −6.7% | −7.5% |
| 2020 | 43.0% | 3.2% | 0.0% |
| 2021 | 42.5% | 6.2% | 1.2% |
| 2022 | 48.2% | 9.9% | 4.5% |
| 2023 | 50.2% | 14.6% | 6.5% |
| 2024 | 46.1% | 12.7% | 9.2% |
| 2025 | 44.5% | 11.1% | 6.9% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | −2.6% | 7.9% | 2.0% |
| 2007 | 10.6% | 21.3% | 7.2% |
| 2008 | 20.1% | 49.9% | 12.0% |
| 2009 | 29.1% | 74.4% | 18.2% |
| 2010 | 32.6% | 69.7% | 20.8% |
| 2011 | 35.0% | 73.0% | 21.6% |
| 2012 | 34.9% | 106.5% | 21.2% |
| 2013 | 34.2% | 93.3% | 19.8% |
| 2014 | 20.4% | 34.9% | 7.5% |
| 2015 | 31.2% | 36.3% | 10.5% |
| 2016 | 31.8% | 50.6% | 10.0% |
| 2017 | 4.2% | 16.0% | 0.8% |
| 2018 | −10.9% | −5.6% | −1.6% |
| 2019 | −8.3% | −5.5% | −3.6% |
| 2020 | −0.1% | 1.9% | 0.0% |
| 2021 | 5.4% | 12.2% | 0.8% |
| 2022 | 26.4% | 19.1% | 3.5% |
| 2023 | 32.1% | 31.6% | 5.6% |
| 2024 | 43.9% | 34.2% | 7.6% |
| 2025 | 29.6% | 23.3% | 4.7% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 7 Nov 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.