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| Date | Value |
|---|---|
| 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% |