MELI - MercadoLibre, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$2,166.67
DETAILS
HIGH:
$2,600.00
LOW:
$1,750.00
MEDIAN:
$2,150.00
CONSENSUS:
$2,166.67
UPSIDE:
30.18%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Revenue | 28,893 | 20,777 | 15,107 | 10,780 | 7,069 | 3,974 | 2,296.3 | 1,439.7 | 1,216.5 | 844.4 | 651.8 | 556.5 | 472.6 | 373.6 | 298.9 | 216.7 | 172.8 | 137.0 | 85.1 | 52.1 | 28.2 | 12.7 | 5.6 | 1.7 |
| Cost of Revenue | 16,035 | 11,200 | 7,517 | 5,582 | 4,064 | 2,265 | 1,194.2 | 742.6 | 496.9 | 307.5 | 215.0 | 159.0 | 130.1 | 98.1 | 72.1 | 46.5 | 36.0 | 27.5 | 18.3 | 12.1 | 6.1 | 2.5 | 1.1 | 0.7 |
| Gross Profit | 12,858 | 9,577 | 7,590 | 5,198 | 3,005 | 1,709 | 1,102.1 | 697.0 | 719.6 | 536.9 | 436.8 | 397.6 | 342.5 | 275.5 | 226.9 | 170.2 | 136.9 | 109.5 | 66.9 | 40.0 | 22.1 | 10.2 | 4.5 | 1 |
| Operating Expenses | ||||||||||||||||||||||||
| R&D Expenses | 2,269 | 1,934 | 1,831 | 1,099 | 590 | 353 | 223.8 | 146.3 | 127.2 | 98.5 | 76.4 | 53.6 | 40.9 | 28.6 | 23.3 | 15.9 | 12.1 | 7.3 | 4.4 | 3.1 | 2.2 | 0 | 1 | 0.7 |
| SG&A Expenses | 7,388 | 3,154 | 2,502 | 1,957 | 1,539 | 1,095 | 1,031.5 | 620.2 | 447.6 | 243.6 | 205.0 | 174.0 | 148.1 | 117.2 | 103.8 | 79.7 | 68.7 | 64.7 | 40.8 | 31.5 | 19.1 | 0 | 4.9 | 3.3 |
| Other Expenses | 0 | 1,858 | 1,050 | 1,073 | 435 | 133 | 0 | 0 | 88.6 | 13.7 | 16.2 | 49.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.7 | 2.1 | (0.1) |
| Operating Expenses | 9,657 | 6,946 | 5,383 | 4,129 | 2,564 | 1,581 | 1,255.3 | 766.5 | 663.3 | 355.8 | 297.6 | 277.1 | 189.0 | 145.9 | 127.1 | 95.6 | 80.9 | 72.0 | 45.2 | 34.6 | 21.3 | 12.7 | 8 | 3.9 |
| Operating Income | ||||||||||||||||||||||||
| Operating Income | 3,201 | 2,631 | 2,207 | 1,069 | 441 | 128 | (153.2) | (69.5) | 56.3 | 181.1 | 139.2 | 120.5 | 153.5 | 129.7 | 99.8 | 74.6 | 56.0 | 37.5 | 21.7 | 5.4 | 0.8 | (3.3) | (3.5) | (2.9) |
| Interest Expense | 148 | 153 | 176 | 272 | 228.7 | 106.7 | 65.9 | 56.2 | 26.5 | 24.6 | 19.8 | 11.7 | 2.4 | 1.1 | 3.6 | 7.6 | 13.4 | 8.4 | 2.0 | 1.7 | 0.5 | 0.3 | 0 | 0 |
| Interest Income | 138 | 148 | 135 | 265 | 138.0 | 102.8 | 113.5 | 42.0 | 45.9 | 0 | 20.6 | 15.3 | 9.5 | 11.9 | 9.9 | 4.9 | 2.7 | 1.8 | 1.6 | 0.5 | 0.4 | 1.2 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||
| EBITDA | 3,561 | 3,214 | 2,251 | 1,318 | 674 | 293 | 31.9 | 36.6 | 121.5 | 240.0 | 194.1 | 150.4 | 177.3 | 150.3 | 119.4 | 84.4 | 60.0 | 41.2 | 19.5 | 7.4 | 2.4 | 12.7 | (2.7) | (2.4) |
| EBIT | 2,990 | 2,597 | 1,727 | 915 | 470 | 188 | (41.4) | (9.2) | 80.5 | 210.9 | 170.9 | 133.5 | 165.5 | 141.4 | 112.1 | 79.5 | 56.1 | 37.9 | 17.2 | 5.4 | 0.8 | 12.7 | (3.5) | (3) |
| Income Before Tax | 2,842 | 2,432 | 1,556 | 780 | 232 | 81 | (107.2) | (65.5) | 54.1 | 185.3 | 150.5 | 121.8 | 163.1 | 140.2 | 108.5 | 71.9 | 42.7 | 29.4 | 14.4 | 2.3 | 0.7 | (2.2) | (3.2) | (2.7) |
| Income Tax Expense | 845 | 521 | 569 | 298 | 149 | 82 | 64.8 | (28.9) | 40.3 | 49.0 | 44.7 | 49.1 | 45.6 | 38.9 | 31.7 | 15.8 | 9.5 | 10.6 | 4.7 | 1.2 | (1.4) | 2.2 | 0 | 0 |
| Net Income | 1,997 | 1,911 | 987 | 482 | 83 | (1) | (172.0) | (36.6) | 13.8 | 136.4 | 105.8 | 72.6 | 117.5 | 101.2 | 76.8 | 56.0 | 33.2 | 18.8 | 9.7 | 1.1 | 2.4 | (2.2) | (3.2) | (2.5) |
| Per Share Data | ||||||||||||||||||||||||
| EPS (Basic) | 39.39 | 37.69 | 19.64 | 9.57 | 1.67 | -0.01 | -3.53 | -0.82 | 0.31 | 3.09 | 2.40 | 1.64 | 2.66 | 2.29 | 1.74 | 1.27 | 0.75 | 0.42 | 0.38 | 0.08 | 0.17 | -0.17 | -0.31 | -0.24 |
| EPS (Diluted) | 39.39 | 37.69 | 19.46 | 9.53 | 1.67 | -0.01 | -3.53 | -0.82 | 0.31 | 3.09 | 2.40 | 1.64 | 2.66 | 2.29 | 1.74 | 1.27 | 0.75 | 0.42 | 0.38 | 0.08 | 0.17 | -0.17 | -0.31 | -0.24 |
| Shares Outstanding | 50.7 | 50.7 | 50.3 | 50.3 | 49.8 | 49.7 | 48.7 | 44.5 | 44.2 | 44.2 | 44.2 | 44.2 | 44.2 | 44.1 | 44.1 | 44.1 | 44.1 | 44.2 | 25.1 | 13.1 | 13.1 | 12.7 | 10.3 | 10.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||
| Cash & Cash Equivalents | 3,670 | 2,635 | 2,556 | 1,910 | 2,585 | 1,856.4 | 1,384.7 | 440.3 | 388.3 | 234.1 | 49.8 | 17.5 | 0 | 0 |
| Short-Term Investments | 2,629 | 1,115 | 1,197 | 1,120 | 208 | 604.4 | 1,597.2 | 461.5 | 209.4 | 253.3 | 14.6 | 31.6 | 0 | 0 |
| Net Receivables | 7,262 | 10,475 | 6,557 | 4,975 | 3,338 | 1,378.1 | 672.8 | 542.5 | 673.4 | 359.3 | 8.7 | 6.2 | 0 | 0 |
| Inventory | 570 | 296 | 238 | 152 | 253 | 118.1 | 8.6 | 4.6 | 2.5 | 1.1 | 0 | 0 | 0 | 0 |
| Other Current Assets | 19,442 | 5,523 | 3,625 | 2,703 | 1,697 | 1,302.4 | 80.1 | 34.7 | 7.4 | 6.5 | 8.6 | 4.6 | 0 | 0 |
| Total Current Assets | 33,573 | 20,142 | 14,260 | 10,953 | 8,175 | 5,346.8 | 3,788.9 | 1,511.1 | 1,286.9 | 869.5 | 82.1 | 60.3 | 0 | 0 |
| Non-Current Assets | ||||||||||||||
| Property, Plant & Equipment | 4,504 | 2,478 | 2,149 | 1,649 | 1,268 | 694.9 | 444.7 | 165.6 | 114.8 | 124.3 | 5.9 | 5.9 | 0 | 0 |
| Goodwill | 163 | 149 | 163 | 153 | 148 | 85.2 | 87.6 | 88.9 | 92.3 | 91.8 | 59.8 | 65.7 | 0 | 0 |
| Intangible Assets | 33 | 61 | 35 | 25 | 45 | 14.2 | 14.3 | 18.6 | 23.2 | 26.3 | 4.5 | 7.3 | 0 | 0 |
| Long-Term Investments | 1,764 | 1,191 | 139 | 301 | 76 | 166.1 | 264.0 | 276.1 | 34.7 | 153.8 | 26.6 | 9.2 | 0 | 0 |
| Other Non-Current Assets | 2,630 | 373 | 156 | 309 | 208 | 84.2 | 64.7 | 37.7 | 63.9 | 56.8 | 0.7 | 8.4 | 0 | 0 |
| Total Non-Current Assets | 9,094 | 5,054 | 3,352 | 2,783 | 1,926 | 1,179.5 | 992.8 | 728.4 | 386.3 | 498.0 | 100.5 | 96.4 | 0 | 0 |
| Total Assets | 42,667 | 25,196 | 17,612 | 13,736 | 10,101 | 6,526.3 | 4,781.7 | 2,239.5 | 1,673.2 | 1,367.4 | 182.6 | 156.7 | 24.1 | 27.3 |
| Current Liabilities | ||||||||||||||
| Account Payables | 8,086 | 3,196 | 2,117 | 1,393 | 1,036 | 728.1 | 331.1 | 243.3 | 199.5 | 95.1 | 7.2 | 8.0 | 0 | 0 |
| Short-Term Debt | 4,623 | 2,787 | 2,257 | 2,117 | 1,275 | 541.0 | 184.1 | 131.5 | 56.3 | 11.6 | 3.2 | 15.0 | 0 | 0 |
| Deferred Revenue | 0 | 106 | 66 | 81 | 67 | 86.6 | 107.3 | 26.4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 14,578 | 103 | 53 | 63 | (18.4) | 31.6 | 12.8 | 13.8 | 7.6 | 10.5 | 0.0 | 0.3 | 0 | 0 |
| Total Current Liabilities | 28,633 | 16,603 | 11,263 | 8,562 | 5,837 | 3,635.9 | 1,752.3 | 1,166.2 | 968.0 | 576.6 | 60.5 | 56.3 | 0 | 0 |
| Non-Current Liabilities | ||||||||||||||
| Long-Term Debt | 4,570 | 2,806 | 2,107 | 2,590 | 2,197 | 844.6 | 624.0 | 596.6 | 312.1 | 301.9 | 1.4 | 3.4 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 204 | 183 | 106 | 62 | 64.4 | 100.0 | 91.7 | 23.8 | 34.1 | 5.2 | 2.6 | 0 | 0 |
| Other Non-Current Liabilities | 947 | 248 | 211 | 87 | 55 | 65.4 | 39.4 | 42.7 | 43.5 | 25.0 | 1.4 | 1.1 | 0 | 0 |
| Total Non-Current Liabilities | 7,286 | 4,242 | 3,278 | 3,347 | 2,733 | 1,238.9 | 947.4 | 736.6 | 379.4 | 362.0 | 7.9 | 7.0 | 0 | 0 |
| Total Liabilities | 35,919 | 20,845 | 14,541 | 11,909 | 8,570 | 4,874.8 | 2,699.7 | 1,902.8 | 1,347.4 | 938.6 | 68.4 | 63.3 | 65 | 64.1 |
| Stockholders' Equity | ||||||||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.1 |
| Retained Earnings | 5,809 | 3,812 | 1,901 | 913 | 397 | 314.1 | 322.6 | 503.4 | 537.9 | 550.6 | 17.7 | (15.6) | 0 | 0 |
| Accumulated Other Comprehensive Income | (520) | (920) | (290) | (464) | (515) | (468.3) | (406.7) | (391.6) | (282.9) | (259.8) | (23.8) | (10.9) | 0 | 0 |
| Total Stockholders' Equity | 6,748 | 4,351 | 3,071 | 1,827 | 1,531 | 1,651.6 | 2,082.0 | 336.7 | 325.8 | 428.9 | 114.2 | 93.4 | (40.9) | (36.8) |
| Total Liabilities & Equity | 42,667 | 25,196 | 17,612 | 13,736 | 10,101 | 6,526.3 | 4,781.7 | 2,239.5 | 1,673.2 | 1,367.4 | 182.6 | 156.7 | 24.1 | 27.3 |
| Debt Metrics | ||||||||||||||
| Total Debt | 11,392 | 6,850 | 5,333 | 5,414 | 3,982 | 1,708.1 | 1,017.4 | 735.2 | 368.4 | 314.5 | 4.6 | 18.4 | 0 | 0 |
| Net Debt | 7,722 | 4,215 | 2,777 | 3,504 | 1,397 | (148.3) | (367.3) | 294.8 | (19.8) | 80.4 | (45.2) | 0.9 | 0 | 0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Net Income | 1,997 | 1,911 | 987 | 482 | 83.3 | (0.7) | (172.0) | (36.6) | 13.8 | 136.4 | 2.4 | (2.2) | (3.2) | (2.5) |
| Depreciation & Amortization | 818 | 617 | 524 | 403 | 203.9 | 105.0 | 73.3 | 45.8 | 40.9 | 29.0 | 1.6 | 1.1 | 0.8 | 0.6 |
| Stock-Based Compensation | 0 | 261 | 167 | 84 | 89 | 131 | 52.1 | 27.5 | 35.7 | 23.0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 4,436 | 3,191 | 1,795 | 411 | (0.3) | 772.8 | 354.9 | 265.3 | 72.9 | (18.4) | 1.7 | 0.6 | 0 | 0 |
| Other Non-Cash Items | 4,865 | 2,181 | 1,627 | 1,657 | 618.6 | 244.8 | 126.3 | 21.5 | 130.3 | 26.4 | 0.0 | (1.0) | 2.4 | 1.9 |
| Operating Cash Flow | 12,116 | 7,918 | 5,140 | 2,940 | 965.0 | 1,182.6 | 451.1 | 230.9 | 269.0 | 190.3 | 3.4 | (1.5) | 0 | 0 |
| Investing Activities | ||||||||||||||
| Capital Expenditure | (1,343) | (860) | (509) | (455) | (609.5) | (247.1) | (136.9) | (97.8) | (74.9) | (77.4) | (2.0) | (1.9) | (0.9) | 0 |
| Acquisitions | 0 | (6) | 0 | 0 | (55.7) | (6.9) | (0.1) | (4.2) | (35.8) | (7.3) | (12.1) | 0 | 0 | 0 |
| Purchases of Investments | 0 | (16,710) | (18,936) | (12,739) | (7,390.5) | (5,204.0) | (4,490.7) | (3,176.1) | (4,553.6) | (3,501.3) | 0 | (0.1) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 13,962 | 18,100 | 11,024 | 7,806.9 | 5,550.2 | 3,353.6 | 2,662.8 | 4,713.9 | 3,508.3 | 1.1 | 9.6 | 0 | 0 |
| Other Investing Activities | (4,836) | (4,673) | (2,105) | (1,701) | (1,347.7) | (344.3) | (173.8) | (57.2) | (72.2) | (6.6) | 0 | 0 | 0.9 | 0 |
| Investing Cash Flow | (6,179) | (8,287) | (3,450) | (3,871) | (1,596.5) | (252.2) | (1,447.8) | (672.5) | (22.6) | (84.2) | (13.0) | 7.4 | (0.9) | 0 |
| Financing Activities | ||||||||||||||
| Net Debt Issuance | 2,905 | 1,960 | 89 | 1,064 | 598 | 606 | 155.0 | 644.6 | 42.9 | 4.8 | 12.0 | 0.0 | 0 | 0 |
| Stock Repurchased | (1) | (1) | (356) | (148) | (486) | (54.1) | (0.7) | (148.9) | (67.3) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | (3.4) | (2.8) | (6.6) | (26.5) | (24.4) | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0 | 293 | (306.4) | 1,869.5 | (16.3) | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 2,904 | 1,959 | (267) | 916 | 1,925 | 242.3 | 2,021.0 | 608.9 | (50.9) | (19.7) | 12.0 | 0.0 | 0 | 0 |
| Cash Position | ||||||||||||||
| Net Change in Cash | 8,838 | 851 | 485 | (285) | 1,139.7 | 1,056.8 | 986.7 | 76.4 | 154.1 | 67.3 | 2.0 | 0 | (0.9) | 0 |
| Cash at Beginning | 4,699 | 3,848 | 3,363 | 3,648 | 2,508.2 | 1,451.4 | 464.7 | 388.3 | 234.1 | 166.9 | 7.0 | 0 | 0 | 0 |
| Cash at End | 13,537 | 4,699 | 3,848 | 3,363 | 3,648.0 | 2,508.2 | 1,451.4 | 464.7 | 388.3 | 234.1 | 9.0 | 0 | (0.9) | 0 |
| Free Cash Flow | 10,773 | 7,058 | 4,631 | 2,485 | 355.5 | 935.4 | 314.2 | 133.2 | 194.1 | 112.9 | 1.4 | (3.4) | (0.9) | 0 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||
| Revenue | 28,893 | 20,777 | 15,107 | 10,780 | 7,069 | 3,974 | 2,296.3 | 1,439.7 | 1,216.5 | 844.4 | 651.8 | 556.5 | 472.6 | 373.6 | 298.9 | 216.7 | 172.8 | 137.0 | 85.1 | 52.1 | 28.2 | 12.7 | 5.6 | 1.7 |
| Gross Profit | 12,858 | 9,577 | 7,590 | 5,198 | 3,005 | 1,709 | 1,102.1 | 697.0 | 719.6 | 536.9 | 436.8 | 397.6 | 342.5 | 275.5 | 226.9 | 170.2 | 136.9 | 109.5 | 66.9 | 40.0 | 22.1 | 10.2 | 4.5 | 1 |
| Operating Income | 3,201 | 2,631 | 2,207 | 1,069 | 441 | 128 | (153.2) | (69.5) | 56.3 | 181.1 | 139.2 | 120.5 | 153.5 | 129.7 | 99.8 | 74.6 | 56.0 | 37.5 | 21.7 | 5.4 | 0.8 | (3.3) | (3.5) | (2.9) |
| Net Income | 1,997 | 1,911 | 987 | 482 | 83 | (1) | (172.0) | (36.6) | 13.8 | 136.4 | 105.8 | 72.6 | 117.5 | 101.2 | 76.8 | 56.0 | 33.2 | 18.8 | 9.7 | 1.1 | 2.4 | (2.2) | (3.2) | (2.5) |
| EPS (Diluted) | 39.39 | 37.69 | 19.46 | 9.53 | 1.67 | -0.01 | -3.53 | -0.82 | 0.31 | 3.09 | 2.40 | 1.64 | 2.66 | 2.29 | 1.74 | 1.27 | 0.75 | 0.42 | 0.38 | 0.08 | 0.17 | -0.17 | -0.31 | -0.24 |
| Balance Sheet | ||||||||||||||||||||||||
| Cash & Equivalents | 3,670 | 2,635 | 2,556 | 1,910 | 2,585 | 1,856.4 | 1,384.7 | 440.3 | 388.3 | 234.1 | 49.8 | 17.5 | 0 | 0 | ||||||||||
| Total Assets | 42,667 | 25,196 | 17,612 | 13,736 | 10,101 | 6,526.3 | 4,781.7 | 2,239.5 | 1,673.2 | 1,367.4 | 182.6 | 156.7 | 24.1 | 27.3 | ||||||||||
| Total Debt | 11,392 | 6,850 | 5,333 | 5,414 | 3,982 | 1,708.1 | 1,017.4 | 735.2 | 368.4 | 314.5 | 4.6 | 18.4 | 0 | 0 | ||||||||||
| Stockholders' Equity | 6,748 | 4,351 | 3,071 | 1,827 | 1,531 | 1,651.6 | 2,082.0 | 336.7 | 325.8 | 428.9 | 114.2 | 93.4 | (40.9) | (36.8) | ||||||||||
| Cash Flow | ||||||||||||||||||||||||
| Operating Cash Flow | 12,116 | 7,918 | 5,140 | 2,940 | 965.0 | 1,182.6 | 451.1 | 230.9 | 269.0 | 190.3 | 3.4 | (1.5) | 0 | 0 | ||||||||||
| Capital Expenditure | (1,343) | (860) | (509) | (455) | (609.5) | (247.1) | (136.9) | (97.8) | (74.9) | (77.4) | (2.0) | (1.9) | (0.9) | 0 | ||||||||||
| Free Cash Flow | 10,773 | 7,058 | 4,631 | 2,485 | 355.5 | 935.4 | 314.2 | 133.2 | 194.1 | 112.9 | 1.4 | (3.4) | (0.9) | 0 | ||||||||||