MercadoLibre, Inc.

MELI Consumer Cyclical Internet Retail

MercadoLibre, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $28.9 billion, up 39.1% from fiscal 2024.

Revenue
+49.8%
EPS
−10.9%
Free cash flow
+22.5%
Total debt
+45.5%

Quarter to June 2026, against a year earlier

1,739.14 76.98 +4.63%
Market cap
$84.3B
P/E
45.4×
Fwd P/E
42.6×
Dividend yield
—
F-score
5/9
Altman Z
2.96
Beneish M
−3.04
Dividend safety
n/a

MercadoLibre, Inc. (MELI) Debt to equity

Alert me on Debt to equity

MercadoLibre, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.4×, down 0.0× from fiscal 2025 (1.4×). Over the past ten years it has ranged from 0.4× (fiscal 2019) to 2.6× (fiscal 2022); the current reading is higher than 64% of that period. That is above the Internet Retail industry median of 0.1× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.4× 3.72%
FY2024 1.3× (10.26%)
FY2023 1.5× (43.80%)
FY2022 2.6× 13.34%
FY2021 2.3× 169.28%
FY2020 0.9× 107.01%
FY2019 0.4× (81.12%)
FY2018 2.2× 93.08%
FY2017 1.1× 54.68%
FY2016 0.7× (16.24%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 1.4× (0.51%)
Mar 2026 1.4× 0.08%
Dec 2025 1.4× 8.04%
Sep 2025 1.3× (1.35%)
42 more quarters

Against its own ten years

Low 0.4× High 2.6×
Ten-year median 1.3×
Current reading's percentile 64

Debt to equity against peers

Company Debt to equity
W Wayfair Inc. compare −1.0×
PDD PDD Holdings Inc. Sponsored ADR compare 0.0×
CPNG Coupang, Inc. compare 0.0×
SE Sea Limited Sponsored ADR compare 0.1×
JD JD.com, Inc. compare 0.2×
BABA Alibaba Group Holding Limited compare 0.2×
DASH DoorDash, Inc. compare 0.3×
MELI MercadoLibre, Inc. 1.4×
EBAY eBay Inc. compare 1.5×
Internet Retail industry median 0.1×
Consumer Cyclical sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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