MercadoLibre, Inc.(MELI) Stock Research - Grey Stern Research

MercadoLibre, Inc. (MELI) Stock Analysis

$1958.92 (-0.60%)

MELI Financial Performance


Use the table below to view MercadoLibre, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $1970.72 -
52 Week Low $1141.04 -
52 Week High $2161.73 -
Market Cap $99.9 Billion 3/11
Gross Margin 47% 3/11
Profit Margin 10% 2/11
EBITDA margin 17% 3/11
Q2 - 2024 Revenue $5.1 Billion 5/11
Q2 - 2024 Earnings $531.0 Million 5/11
Q2 - 2024 Free Cash Flow $1.3 Million 3/11
Trailing 4 Quarters Revenue $17.1 Billion 5/11
Trailing 4 Quarters Earnings $1.4 Billion 5/11
Quarterly Earnings Growth 103% 2/11
Annual Earnings Growth 62% 2/11
Quarterly Revenue Growth 49% 2/11
Annual Revenue Growth 36% 2/11
Cash On Hand $3.8 Billion 6/11
Short Term Debt $3.8 Billion 2/11
Long Term Debt $2.4 Billion 5/11

MercadoLibre, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare MercadoLibre, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 71.42 2/11
PS 5.85 3/11
PB 27.33 2/11
PC 26.13 3/11
Liabilities to Equity 4.48 4/11
ROA 0.07 1/11
ROE 0.38 1/11
Current Ratio 1.22 7/11
Quick Ratio 0.48 8/11
Long Term Debt to Equity 0.65 3/11
Debt to Equity 1.89 2/11
Burn Rate 7.36 7/11
Cash to Cap 0.04 9/11
CCR 2.52 4/11
EV to EBITDA 117.04 4/11
EV to Revenue 6.03 2/11

Company Details

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

CEO: Mr. Marcos Galperin

Website: https://www.mercadolibre.com

Address: 7th Floor, Calle Arias 3751 Buenos Aires, BUENOS AIRES

Exchange: NASDAQ Global Select

Industry: Internet Retail

MercadoLibre, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to MercadoLibre, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
JD.com, Inc. JD $63.3 Billion
Vipshop Holdings Limited VIPS $8.9 Billion
Alibaba Group Holding Limited BABA $277.7 Billion
Sea Limited SE $52.9 Billion
Wayfair Inc. W $6.5 Billion
Chewy, Inc. CHWY $12.1 Billion
Farfetch Limited FTCH $254.2 Million
Jumia Technologies AG JMIA $592.4 Million
Pinduoduo Inc. PDD $212.1 Billion
Global-e Online Ltd. GLBE $6.3 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
MELI Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 5.1 Billion $531.0 Million
Q1 2024 $ 4.3 Billion $344.0 Million
Q4 2023 $ 4.3 Billion $165.0 Million
Q3 2023 $ 3.4 Billion $359.0 Million
Q2 2023 $ 3.4 Billion $262.0 Million
Q1 2023 $ 3.0 Billion $201.0 Million
Q4 2022 $ 3.0 Billion $165.0 Million
Q3 2022 $ 2.4 Billion $129.0 Million

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MELI Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $3.8 Billion $20.0 Billion $6.9 Billion $3.7 Billion
Q1 2024 $3.8 Billion $19.1 Billion $6.6 Billion $3.4 Billion
Q4 2023 $3.8 Billion $17.6 Billion $6.4 Billion $3.1 Billion
Q3 2023 $2.2 Billion $16.1 Billion $5.2 Billion $2.7 Billion
Q2 2023 $1.9 Billion $15.2 Billion $5.5 Billion $2.3 Billion
Q1 2023 $2.1 Billion $14.2 Billion $5.5 Billion $2.0 Billion
Q4 2022 $1.9 Billion $13.7 Billion $5.4 Billion $1.8 Billion
Q3 2022 $1.5 Billion $12.0 Billion $591.0 Million $1.6 Billion

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MELI Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $1.3 Billion -$174.5 Million $5.0 Million
Q1 2024 $1.1 Billion -$148.0 Million -$30.0 Million
Q4 2023 $639.3 Million -$90.8 Million $592.0 Million
Q3 2023 $815.0 Million -$126.0 Million -$568.0 Million
Q2 2023 $1.3 Billion -$114.0 Million $300.0 Million
Q1 2023 $770.0 Million -$89.0 Million $161.0 Million
Q4 2022 $1.4 Billion -$112.0 Million $835.0 Million
Q3 2022 $618.0 Million -$106.0 Million $275.0 Million

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