Mercadolibre (MELI) FCF Margin (2009 - 2026)
Mercadolibre's quarterly FCF Margin came in at 20.4% in Q1 2026, up 761.0% year-on-year from 2.37% in Q1 2025, and down 62.64% quarter-over-quarter from 54.6% in Q4 2025.
Mercadolibre has reported FCF Margin for 18 years, with the latest figure at 20.4% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 761.0% year-over-year to 20.4%; the trailing twelve-month figure through Mar 2026 stood at 37.16% (up 832.0% YoY), and the FY2025 full-year result 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.
- Average FCF Margin over 5 years is 29.51%, with a median of 31.48% recorded in 2024.
- Year-over-year, FCF Margin surged 4063 bps in 2023 and plunged 1869 bps in 2025.
- Tracing MELI's FCF Margin over 5 years: stood at 47.6% in 2022, then retreated by 17 bps to 39.65% in 2023, then advanced by 9 bps to 43.22% in 2024, then rose by 26 bps to 54.6% in 2025, then slumped by 63 bps to 20.4% in 2026.
- The last three FCF Margin figures came in at 20.4% (Q1 2026), 54.6% (Q4 2025), and 35.12% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | -10.01% |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | 3.87% |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 20.40% |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 11.82% |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | 29.07% |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | -1.32% |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 24.73% |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | -1.98% |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 7.11% |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | 14.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 6.69% |
| Mar 31, 2021 | -27.43% |
| Dec 31, 2020 | 12.71% |
| Sep 30, 2020 | 26.55% |
| Jun 30, 2020 | 68.41% |
| Mar 31, 2020 | -20.07% |
| Dec 31, 2019 | 6.26% |
| Sep 30, 2019 | 29.44% |
| Jun 30, 2019 | -2.00% |
| Mar 31, 2019 | 22.26% |
| Dec 31, 2018 | 1.59% |
| Sep 30, 2018 | 18.55% |
| Jun 30, 2018 | 36.26% |
| Mar 31, 2018 | -17.62% |
| Dec 31, 2017 | 3.00% |
| Sep 30, 2017 | 0.96% |
| Jun 30, 2017 | 37.23% |
| Mar 31, 2017 | 35.04% |
| Dec 31, 2016 | 11.53% |
| Sep 30, 2016 | 34.61% |
| Jun 30, 2016 | 19.34% |
| Mar 31, 2016 | -16.72% |
| Dec 31, 2015 | 49.80% |
| Sep 30, 2015 | 6.93% |
| Jun 30, 2015 | 32.18% |
| Mar 31, 2015 | 20.84% |
| Dec 31, 2014 | 29.98% |
| Sep 30, 2014 | 27.53% |
| Jun 30, 2014 | 39.90% |
| Mar 31, 2014 | 17.91% |
| Dec 31, 2013 | -32.80% |
| Sep 30, 2013 | 42.14% |
| Jun 30, 2013 | -5.49% |
| Mar 31, 2013 | 26.51% |
| Dec 31, 2012 | 49.27% |
| Sep 30, 2012 | 22.47% |
| Jun 30, 2012 | 39.25% |
| Mar 31, 2012 | 18.26% |
| Dec 31, 2011 | 29.25% |
| Sep 30, 2011 | 30.29% |
| Jun 30, 2011 | 11.82% |
| Mar 31, 2011 | 19.99% |
| Dec 31, 2010 | 37.31% |
| Sep 30, 2010 | 16.53% |
| Jun 30, 2010 | 23.10% |
| Mar 31, 2010 | 82.45% |
| Dec 31, 2009 | 44.65% |
| Sep 30, 2009 | 26.03% |