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Mercadolibre (MELI) Operating Margin: 2009-2024

Historic Operating Margin for Mercadolibre (MELI) over the last 16 years, with FY2024 value amounting to 12.66%.

  • Mercadolibre's Operating Margin fell 7100.0% to 9.77% in Q3 2025 from the same period last year, while for Sep 2025 it was 11.96%, marking a year-over-year increase of 7400.0%. This contributed to the annual value of 12.66% for FY2024, which is 19500.0% down from last year.
  • Per Mercadolibre's latest filing, its Operating Margin stood at 12.66% for FY2024, which was down 19500.0% from 14.61% recorded in FY2023.
  • In the past 5 years, Mercadolibre's Operating Margin ranged from a high of 14.61% in FY2023 and a low of 3.22% during FY2020
  • Over the past 5 years, Mercadolibre's median Operating Margin value was 9.92% (recorded in 2022), while the average stood at 9.33%.
  • Per our database at Business Quant, Mercadolibre's Operating Margin skyrocketed by 98900bps in 2020 and then tumbled by -19500bps in 2024.
  • Mercadolibre's Operating Margin (Annual) stood at 3.22% in 2020, then surged by 94bps to 6.24% in 2021, then soared by 59bps to 9.92% in 2022, then skyrocketed by 47bps to 14.61% in 2023, then decreased by -13bps to 12.66% in 2024.
  • Its Operating Margin was 12.66% in FY2024, compared to 14.61% in FY2023 and 9.92% in FY2022.