Mercadolibre (MELI) Return on Capital Employed (2010 - 2026)
Mercadolibre's quarterly Return on Capital Employed came in at 23.76% in Q1 2026, down 1046.0% year-on-year from 2.51% in Q1 2025, and down 18.0% quarter-over-quarter from 28.98% in Q4 2025.
Mercadolibre has reported Return on Capital Employed for 17 years, with the latest figure at 23.76% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 1046.0% year-over-year to 23.76%; the trailing twelve-month figure through Mar 2026 stood at 23.76% (down 1046.0% YoY), and the FY2025 full-year result 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.
- Average Return on Capital Employed over 5 years is 29.35%, with a median of 30.6% recorded in 2024.
- Year-over-year, Return on Capital Employed surged 2688 bps in 2023 and slumped 1135 bps in 2024.
- Tracing MELI's Return on Capital Employed over 5 years: stood at 24.94% in 2022, then soared by 58 bps to 39.38% in 2023, then decreased by 9 bps to 36.01% in 2024, then slipped by 20 bps to 28.98% in 2025, then retreated 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 | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | 12.12% |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | - |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 23.76% |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 5.26% |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | 18.13% |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | 0.97% |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 20.87% |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | 11.64% |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 24.72% |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | 27.16% |
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% |
| Mar 31, 2021 | 9.36% |
| Dec 31, 2020 | 5.13% |
| Sep 30, 2020 | 3.24% |
| Jun 30, 2020 | -3.53% |
| Mar 31, 2020 | -6.34% |
| Dec 31, 2019 | -5.36% |
| Sep 30, 2019 | -2.72% |
| Jun 30, 2019 | -0.46% |
| Mar 31, 2019 | -1.43% |
| Dec 31, 2018 | -7.22% |
| Sep 30, 2018 | -17.10% |
| Jun 30, 2018 | -14.70% |
| Mar 31, 2018 | -5.97% |
| Dec 31, 2017 | 8.30% |
| Sep 30, 2017 | 25.00% |
| Jun 30, 2017 | 25.77% |
| Mar 31, 2017 | 27.15% |
| Dec 31, 2016 | 24.63% |
| Sep 30, 2016 | 21.38% |
| Jun 30, 2016 | 20.54% |
| Mar 31, 2016 | 21.93% |
| Dec 31, 2015 | 19.50% |
| Sep 30, 2015 | 22.25% |
| Jun 30, 2015 | 23.37% |
| Mar 31, 2015 | 17.28% |
| Dec 31, 2014 | 18.24% |
| Sep 30, 2014 | 20.19% |
| Jun 30, 2014 | 23.41% |
| Mar 31, 2014 | 43.17% |
| Dec 31, 2013 | 43.05% |
| Sep 30, 2013 | 109.91% |
| Jun 30, 2013 | -190.31% |
| Mar 31, 2013 | 111.04% |
| Dec 31, 2012 | 128.03% |
| Sep 30, 2012 | -148.48% |
| Jun 30, 2012 | -167.52% |
| Mar 31, 2012 | 118.13% |
| Dec 31, 2011 | 44.87% |
| Sep 30, 2011 | 43.15% |
| Jun 30, 2011 | 41.20% |
| Mar 31, 2011 | 42.53% |
| Dec 31, 2010 | 44.72% |
| Sep 30, 2010 | 47.42% |