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
DateValue
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%