Mercadolibre (MELI) Return on Capital Employed (2010 - 2026)
Mercadolibre (MELI) recorded quarterly Return on Capital Employed of 23.76% in Q1 2026, down 18.0% quarter-over-quarter from 28.98% in Q4 2025, and down 1046.0% on a YoY basis from 2.51% in Q1 2025.
Mercadolibre (MELI) Return on Capital Employed (2010 - 2026) Analysis & Trends
Mercadolibre's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 23.76% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 1046.0% year-over-year to 23.76%; the TTM figure through Mar 2026 stood at 23.76% (down 1046.0% YoY), while the FY2025 annual figure was 60.41%, up 561.0% from the prior year.
- Return on Capital Employed was 23.76% for Q1 2026 at Mercadolibre, down from 28.98% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 41.95% in Q3 2023 to a low of 11.28% in Q1 2022.
- Historically, Return on Capital Employed has averaged 29.35% across 5 years, with a median of 30.6% in 2024.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed soared 2688 bps in 2023, then slumped 1135 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 24.94% in 2022, then surged by 58 bps to 39.38% in 2023, then retreated by 9 bps to 36.01% in 2024, then decreased by 20 bps to 28.98% in 2025, then fell by 18 bps to 23.76% in 2026.
- The last three Return on Capital Employed figures came in at 23.76% (Q1 2026), 28.98% (Q4 2025), and 30.42% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 12.12% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 23.76% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 5.26% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 0.03% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 18.13% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | 0.97% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 246,132.27% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | 11.64% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 20.87% |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn | 30.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.76% |
| Dec 31, 2025 | 28.98% |
| Sep 30, 2025 | 30.42% |
| Jun 30, 2025 | 34.62% |
| Mar 31, 2025 | 34.22% |
| Dec 31, 2024 | 36.01% |
| Sep 30, 2024 | 30.60% |
| Jun 30, 2024 | 35.80% |
| Mar 31, 2024 | 38.10% |
| Dec 31, 2023 | 39.38% |
| Sep 30, 2023 | 41.95% |
| Jun 30, 2023 | 34.61% |
| Mar 31, 2023 | 26.22% |
| Dec 31, 2022 | 24.94% |
| Sep 30, 2022 | 15.08% |
| Jun 30, 2022 | 12.99% |
| Mar 31, 2022 | 11.28% |
| Dec 31, 2021 | 16.87% |
| Sep 30, 2021 | 17.95% |
| Jun 30, 2021 | 17.50% |