Added to YB: 2026-02-27
Pitch date: 2026-02-25
MELI [neutral]
MercadoLibre, Inc.
-2.8%
current return
Author Info
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Company Info
MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Market Cap
$97.5B
Pitch Price
$1.8K
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.15
P/E
48.81
EV/Sales
3.55
Sector
Broadline Retail
Category
growth
Mercado Libre Q4 2025
MELI (earnings): Q4 rev $8.8B (+45% YoY), op margin compressed to 10.1% (from 13.5%) due to strategic investments (shipping subsidies, credit cards, 1P inventory) worth 5-6pp drag. Brazil items sold +45% on R$19 free shipping threshold. Credit portfolio +90% to $12.5B, NIMAL 23.3% (up from 21%), card cohorts reach breakeven in 12-18mo. Shipping cost/unit -11% despite lower AOV shows improving unit economics. Mgmt prioritizing market share over near-term margins; investing for long-term dominance in LatAm commerce & fintech.
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