Mercadolibre (MELI) FCF Margin (2009 - 2026)

Mercadolibre (MELI) posted quarterly FCF Margin of 20.4% for Q1 2026, up 761.0% year-over-year from 2.37% in Q1 2025, and down 62.64% quarter-over-quarter from 54.6% in Q4 2025.

Mercadolibre (MELI) FCF Margin (2009 - 2026) Analysis & Trends

Mercadolibre's FCF Margin history runs 18 years deep, the most recent figure standing at 20.4% for Q1 2026.

  • In Q1 2026, FCF Margin rose 761.0% year-over-year to 20.4%; the TTM figure through Mar 2026 stood at 37.16% (up 832.0% YoY), while the FY2025 annual figure was 37.29%, up 332.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 20.4%, down from 54.6% in the prior quarter.
  • The five-year high for FCF Margin was 54.6% in Q4 2025, with the low at 16.46% in Q1 2022.
  • The 5-year median for FCF Margin is 31.48% (2024), against an average of 29.51%.
  • The sharpest annual moves came in 2023 and 2025: FCF Margin surged 4063 bps in 2023, then tumbled 1869 bps in 2025.
  • Mercadolibre's FCF Margin stood at 47.6% in 2022, then declined by 17 bps to 39.65% in 2023, then rose by 9 bps to 43.22% in 2024, then grew by 26 bps to 54.6% in 2025, then slumped by 63 bps to 20.4% in 2026.
  • Business Quant data shows MELI's FCF Margin at 20.4% in Q1 2026, 54.6% in Q4 2025, and 35.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Amazon Com 2,924.76 Bn 2,801.77 Bn 198.88 Bn -7.06%
2 PDD Holdings 506.26 Bn 446.72 Bn 9.83 Bn 19.47%
3 Mercadolibre 97.68 Bn 82.48 Bn 4.16 Bn 31.67%
4 DoorDash 93.06 Bn 87.71 Bn 2.35 Bn 18.03%
5 JD.com 87.50 Bn 58.32 Bn 7.66 Bn 0.67%
6 Sea 77.73 Bn 69.21 Bn 3.15 Bn 14.91%
7 Ebay 47.57 Bn 44.26 Bn 2.30 Bn 10.40%
8 Coupang 29.78 Bn 23.67 Bn 2.49 Bn 0.56%
9 Zkh 16.08 Bn 16.08 Bn 51.11 Mn -
10 Wayfair 13.68 Bn 12.54 Bn 1.05 Bn 9.49%

Historic Data

Download Data
DateValue
Jun 30, 2026 31.67%
Mar 31, 2026 20.40%
Dec 31, 2025 54.60%
Sep 30, 2025 35.12%
Jun 30, 2025 38.73%
Mar 31, 2025 12.79%
Dec 31, 2024 43.22%
Sep 30, 2024 25.92%
Jun 30, 2024 33.47%
Mar 31, 2024 31.48%
Dec 31, 2023 39.65%
Sep 30, 2023 20.75%
Jun 30, 2023 36.21%
Mar 31, 2023 24.17%
Dec 31, 2022 47.60%
Sep 30, 2022 22.97%
Jun 30, 2022 31.11%
Mar 31, 2022 -16.46%
Dec 31, 2021 25.96%
Sep 30, 2021 5.54%