Which has the lower trailing P/E, DLO or MELI?

DLO has the lower trailing P/E: DLO trades at 20.32 and MELI at 46.60. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, DLO or MELI?

Over the past five years, DLO grew revenue faster — DLO at a 52.45% CAGR versus MELI at 44.82%.

Does DLO or MELI pay a bigger dividend?

DLO pays a dividend (1.32% yield), while MELI is a former payer with no current dividend run rate.

Is DLO or MELI more profitable?

DLO runs the higher net margin — DLO at 15.04% versus MELI at 5.30%.

How have DLO and MELI total returns compared?

Over the past 5 years, DLO delivered -24.08% and MELI delivered 0.53% annualized total return. Past performance doesn't predict future results.

Dlocal Limited (DLO) vs MercadoLibre, Inc. (MELI)

A side-by-side comparison of Dlocal Limited and MercadoLibre, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Different business models: DLO is classified in Technology; MELI is classified in Consumer Cyclical. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

DLO

Dlocal Limited

$4.06B

$13.82TechnologyDelayed quote: Sep 28, 2026, 4:00 PM EDT

MELI

MercadoLibre, Inc.

$86.81B

$1,712.41Consumer CyclicalDelayed quote: Sep 28, 2026, 4:00 PM EDT

Total return — DLO vs MELI

growth of $100 · dividends reinvested · last 5y

DLO -51.2% (-13.4%/yr)MELI +38.6% (+6.7%/yr)MELI compounded faster over this window

DLO MELI

DLO vs MELI: by the numbers

•MELI is the larger company ($86.81B vs $4.06B market cap).
•DLO trades at the lower trailing earnings multiple (20.32 vs 46.60 P/E), one valuation lens rather than an overall verdict.
•DLO converts more revenue to profit (15.04% vs 5.30% net margin).
•DLO grew revenue faster over the past five years (52.45% vs 44.82% CAGR).
•DLO pays a dividend (1.32% yield), while MELI is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	DLO	MELI
P/E ratio	20.32	46.60
Forward P/E	16.66	45.16
P/S ratio	2.99	2.47
P/B ratio	7.51	11.08
EV / EBITDA	12.44	24.75
FCF yield	10.45%	13.73%

Profitability

Metric	DLO	MELI
Gross margin	34.28%	42.68%
Operating margin	17.44%	8.26%
Net margin	15.04%	5.30%
ROE	37.76%	23.78%
ROIC	31.82%	11.63%

Dividends

Metric	DLO	MELI
Dividend yield	1.32%	N/A
Payout ratio	28.92%	N/A

Growth (annualized)

Metric	DLO	MELI
Revenue CAGR (5Y)	52.45%	44.82%
EPS CAGR (5Y)	47.44%	N/A
FCF CAGR (5Y)	45.96%	129.42%
Total return CAGR (5Y)	-24.08%	0.53%

Frequently asked

Which has the lower trailing P/E, DLO or MELI?: DLO has the lower trailing P/E: DLO trades at 20.32 and MELI at 46.60. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DLO or MELI?: Over the past five years, DLO grew revenue faster — DLO at a 52.45% CAGR versus MELI at 44.82%.
Does DLO or MELI pay a bigger dividend?: DLO pays a dividend (1.32% yield), while MELI is a former payer with no current dividend run rate.
Is DLO or MELI more profitable?: DLO runs the higher net margin — DLO at 15.04% versus MELI at 5.30%.
How have DLO and MELI total returns compared?: Over the past 5 years, DLO delivered -24.08% and MELI delivered 0.53% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DLO analysis Full MELI analysis Interactive comparison tool

Dig into the metrics

Dlocal P/E ratio MercadoLibre P/E ratio Dlocal dividend yield Dlocal ROE MercadoLibre ROE Dlocal operating margin MercadoLibre operating margin Dlocal revenue growth MercadoLibre revenue growth Dlocal free cash flow MercadoLibre free cash flow

Dlocal & MercadoLibre appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.