Mercadolibre (MELI) Return on Capital Employed (2010 - 2026)

Mercadolibre (MELI) posted quarterly Return on Capital Employed of 23.76% for Q1 2026, down 1046.0% year-over-year from 2.51% in Q1 2025, and down 18.0% quarter-over-quarter from 28.98% in Q4 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 for Q1 2026 stood at 23.76%, down from 28.98% in the prior quarter.
  • The five-year high for Return on Capital Employed was 41.95% in Q3 2023, with the low at 11.28% in Q1 2022.
  • The 5-year median for Return on Capital Employed is 30.6% (2024), against an average of 29.35%.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed surged 2688 bps in 2023, then sank 1135 bps in 2024.
  • Mercadolibre's Return on Capital Employed stood at 24.94% in 2022, then jumped by 58 bps to 39.38% in 2023, then fell by 9 bps to 36.01% in 2024, then retreated by 20 bps to 28.98% in 2025, then declined by 18 bps to 23.76% in 2026.
  • Business Quant data shows MELI's Return on Capital Employed at 23.76% in Q1 2026, 28.98% in Q4 2025, and 30.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Amazon Com 2,924.76 Bn 2,801.77 Bn 198.88 Bn 21.93%
2 PDD Holdings 506.26 Bn 446.72 Bn 9.83 Bn 0.03%
3 Mercadolibre 97.68 Bn 82.48 Bn 4.16 Bn 22.76%
4 DoorDash 93.06 Bn 87.71 Bn 2.35 Bn 5.28%
5 JD.com 87.50 Bn 58.32 Bn 7.66 Bn 4.20%
6 Sea 77.73 Bn 69.21 Bn 3.15 Bn 136.27%
7 Ebay 47.57 Bn 44.26 Bn 2.30 Bn 20.50%
8 Coupang 29.78 Bn 23.67 Bn 2.49 Bn -9.29%
9 Zkh 16.08 Bn 16.08 Bn 51.11 Mn 246,132.27%
10 Wayfair 13.68 Bn 12.54 Bn 1.05 Bn 32.77%

Historic Data

Download Data
DateValue
Jun 30, 2026 22.76%
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%