eBay Inc. (EBAY) vs MercadoLibre, Inc. (MELI)

EBAY leads on 10 of 15 compared metrics.

A side-by-side comparison of eBay Inc. and MercadoLibre, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — EBAY vs MELI

growth of $100 · last 19y
EBAY +616.9%MELI +5536.9%MELI compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002011201520192023$717$5,637
EBAY MELI

EBAY vs MELI: by the numbers

  • MELI is the larger company ($80.59B vs $48.22B market cap).
  • EBAY trades at the lower earnings multiple (24.68 vs 41.96 P/E).
  • EBAY converts more revenue to profit (17.58% vs 6.04% net margin).
  • MELI grew revenue faster over the past five years (46.59% vs 2.81% CAGR).
  • EBAY pays a dividend (1.10% yield) while MELI does not currently pay one.

Which is better, EBAY or MELI?

Metric tally: EBAY 10 · MELI 5

It depends on what you're optimizing for:

ValueEBAY(lower P/E)
GrowthMELI(faster 5Y revenue CAGR)
QualityEBAY(higher ROIC)

Valuation

MetricEBAYMELI
P/E ratio24.6841.96
Forward P/E16.0928.09
P/S ratio4.282.53
P/B ratio11.2511.07
PEG ratio1.6711.34
EV / EBITDA18.9326.36
FCF yield3.40%13.28%

Profitability

MetricEBAYMELI
Gross margin72.01%43.86%
Operating margin19.58%9.59%
Net margin17.58%6.04%
ROE46.24%26.37%
ROIC14.36%11.78%

Dividends

MetricEBAYMELI
Dividend yield1.10%
Payout ratio27.03%

Growth (annualized)

MetricEBAYMELI
Revenue CAGR (5Y)2.81%46.59%
EPS CAGR (5Y)-11.07%83.23%
FCF CAGR (5Y)-6.70%73.42%
Total return CAGR (5Y)12.03%2.68%

Frequently asked

Which is better, EBAY or MELI?
It depends on your goal. value: EBAY (lower P/E); growth: MELI (faster 5Y revenue CAGR); quality: EBAY (higher ROIC). Across all compared metrics, EBAY leads 10 to 5.
Is EBAY or MELI cheaper?
On trailing earnings, EBAY is cheaper: EBAY trades at a 24.68 P/E and MELI at 41.96.
Which has grown faster, EBAY or MELI?
Over the past five years, MELI grew revenue faster — EBAY at a 2.81% CAGR versus MELI at 46.59%.
Does EBAY or MELI pay a bigger dividend?
EBAY pays a dividend (1.10% yield) while MELI does not currently pay one.
Is EBAY or MELI more profitable?
EBAY runs the higher net margin — EBAY at 17.58% versus MELI at 6.04%.
Which has been the better investment, EBAY or MELI?
Over the past 10-year, MELI delivered the higher annualized total return — EBAY at 17.69% versus MELI at 28.09%. Past performance doesn't predict future results.

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 June 14, 2026.