MercadoLibre (MELI) | Financial Analysis & Statements

MercadoLibre Inc. | Large-cap | Consumer Cyclical

$2,514.05

1.70%

MercadoLibre vs Amazon.com MercadoLibre vs Coupang MercadoLibre vs eBay MercadoLibre vs Chewy MercadoLibre vs Maplebear MercadoLibre vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 20.8B

Gross Profit 9.6B 46.09%

Operating Income 2.6B 12.66%

Net Income 1.9B 9.20%

EPS (Diluted) $37.69

Balance Sheet Metrics

Total Assets 25.2B

Total Liabilities 20.8B

Shareholders Equity 4.4B

Debt to Equity 4.79

Cash Flow Metrics

Operating Cash Flow 357.0M

Free Cash Flow 7.1B

Revenue & Profitability Trend

MercadoLibre Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	20.8B	14.5B	10.5B	7.1B	4.0B
Cost of Goods Sold	11.2B	7.3B	5.4B	4.1B	2.3B
Gross Profit	9.6B	7.2B	5.2B	3.0B	1.7B
Operating Expenses	5.1B	4.3B	3.1B	2.1B	1.4B
Operating Income	2.6B	1.8B	1.0B	441.0M	128.0M
Pre-tax Income	2.4B	1.6B	780.0M	241.0M	81.0M
Income Tax	521.0M	569.0M	298.0M	149.0M	82.0M
Net Income	1.9B	987.0M	482.0M	83.0M	-1.0M
EPS (Diluted)	$37.69	$19.46	$9.53	$1.67	-$0.08

Income Statement Trend

MercadoLibre Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	20.1B	14.3B	11.0B	8.2B	5.3B
Non-Current Assets	5.1B	3.4B	2.8B	1.9B	1.2B
Total Assets	25.2B	17.6B	13.7B	10.1B	6.5B
Liabilities
Current Liabilities	16.6B	11.3B	8.6B	5.8B	3.6B
Non-Current Liabilities	4.2B	3.3B	3.3B	2.7B	1.2B
Total Liabilities	20.8B	14.6B	11.9B	8.6B	4.9B
Equity
Total Shareholders Equity	4.4B	3.1B	1.8B	1.5B	1.7B

Balance Sheet Composition

MercadoLibre Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	1.9B	987.0M	482.0M	83.0M	-1.0M
Operating Cash Flow	357.0M	1.3B	84.0M	-730.2M	-48.0M
Investing Activities
Capital Expenditures	-860.0M	-509.0M	-454.0M	-573.0M	-247.0M
Investing Cash Flow	-8.3B	-3.4B	-3.9B	-1.6B	-252.0M
Financing Activities
Dividends Paid	-	-	0	0	-3.0M
Financing Cash Flow	2.0B	-267.0M	916.0M	1.9B	242.0M
Free Cash Flow	7.1B	4.6B	2.5B	356.0M	935.0M

Cash Flow Trend

MercadoLibre Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 60.39

Forward P/E 50.70

Price to Book 24.85

Price to Sales 5.56

PEG Ratio 50.70

Profitability Ratios

Profit Margin 9.21%

Operating Margin 13.06%

Return on Equity 49.11%

Return on Assets 7.74%

Financial Health

Current Ratio 1.20

Debt to Equity 155.02

Beta 1.51

Per Share Data

EPS (TTM) $40.62

Book Value per Share $98.70

Revenue per Share $441.42

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
meli	124.4B	60.39	24.85	49.11%	9.21%	155.02
Amazon.com	2.3T	34.84	7.41	25.24%	10.14%	51.64
Coupang	51.5B	202.71	11.73	4.75%	0.82%	92.77
eBay	35.4B	18.48	7.19	36.48%	19.78%	145.01
Chewy	18.0B	47.65	47.91	76.24%	3.21%	142.52
Maplebear	11.4B	28.86	3.63	12.96%	12.53%	0.65

Financial data is updated regularly. All figures are in the company's reporting currency.