Mercado Libre (MELI)
Consumer Discretionary · E-commerce and fintech platforms
Latin America's leading e-commerce and fintech ecosystem, combining marketplace transactions, digital payments, logistics, and advertising into a unified platform serving 650M+ regional consumers.
What Mercado Libre does
MercadoLibre is a digital ecosystem in Latin America that operates an e-commerce marketplace, fintech platform (Mercado Pago), and integrated logistics network. The company facilitates buying and selling online across 18 Latin American countries through its marketplace, processes payments both online and offline through Mercado Pago, and offers value-added services including logistics (Mercado Envios), advertising (Mercado Ads), and classifieds. Third-party sellers account for the majority of marketplace volume, with the company also providing fintech services like lending and digital wallets to millions of active users.
Themes: ["Latin America e-commerce","Fintech and digital payments","Marketplace ecosystem","Emerging market growth","Logistics and fulfillment","Digital advertising","Financial services access"]
Fundamentals
- Price$1,807.83 as of 2026-07-09 close
- Market cap$90.3B as of 2026-07-10
- 1-year return-27.0% as of 2026-07-09 close
- P/E47.03 as of 2026-07-10
- Net margin+6.0% as of 2026-07-10
- Gross margin+43.9% as of 2026-07-10
- ROE+29.6% as of 2026-07-10
- Debt / equity1.36 as of 2026-07-10
- Revenue growth (YoY)+42.1% as of 2026-07-10
- Revenue CAGR (3y)+39.8% SEC XBRL
- Beta1.34 as of 2026-07-10
Dividend: 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Exposure to Latin American economic and currency volatility across 18 countries with varying macroeconomic conditions","Rising provision for doubtful accounts (up to $1.2B in Q1 2026 from $603M in Q1 2025) indicating increased credit risk in lending and payment processing businesses","High customer acquisition costs and competitive pressure in a capital-intensive logistics and payments business requiring ongoing infrastructure investment"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.