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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,746.20 Bn | 2,623.21 Bn | 198.88 Bn | 21.93% |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn | 0.03% |
| 3 | DoorDash | 98.95 Bn | 93.61 Bn | 2.35 Bn | 5.28% |
| 4 | Mercadolibre | 98.90 Bn | 83.71 Bn | 4.16 Bn | 22.76% |
| 5 | Sea | 67.51 Bn | 59.11 Bn | 3.55 Bn | 146.68% |
| 6 | Ebay | 46.90 Bn | 43.59 Bn | 2.30 Bn | 20.50% |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn | 4.25% |
| 8 | Coupang | 28.35 Bn | 22.24 Bn | 2.49 Bn | -9.29% |
| 9 | Wayfair | 12.44 Bn | 11.30 Bn | 1.05 Bn | 32.77% |
| 10 | Maplebear | 11.73 Bn | 10.88 Bn | 751.00 Mn | 22.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |