MercadoLibre, Inc. (MELI) vs Cloudflare, Inc. (NET)

A side-by-side comparison of MercadoLibre, Inc. and Cloudflare, 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.

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

Total return — MELI vs NET

growth of $100 · dividends reinvested · last 7y
MELI +232.2% (+18.7%/yr)NET +1602.9% (+49.9%/yr)NET compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $100202120232025$332$1,703
MELI NET

MELI vs NET: by the numbers

  • •NET is the larger company ($125.72B vs $86.81B market cap).
  • •MELI is profitable (5.30% net margin) while NET runs a net loss (-8.21%).
  • •MELI grew revenue faster over the past five years (44.82% vs 36.49% CAGR).

Metrics side by side

Valuation

MetricMELINET
P/E ratio46.60N/A
Forward P/E45.16280.80
P/S ratio2.4750.04
P/B ratio11.0877.61
EV / EBITDA24.75N/A
FCF yield13.73%0.30%

Profitability

MetricMELINET
Gross margin42.68%72.58%
Operating margin8.26%-14.11%
Net margin5.30%-8.21%
ROE23.78%-12.73%
ROIC11.63%-6.90%

Growth (annualized)

MetricMELINET
Revenue CAGR (5Y)44.82%36.49%
FCF CAGR (5Y)129.42%N/A
Total return CAGR (5Y)0.53%19.17%

Frequently asked

Which has grown faster, MELI or NET?
Over the past five years, MELI grew revenue faster — MELI at a 44.82% CAGR versus NET at 36.49%.
Is MELI or NET more profitable?
MELI runs the higher net margin — MELI at 5.30% versus NET at -8.21%.
How have MELI and NET total returns compared?
Over the past 5 years, MELI delivered 0.53% and NET delivered 19.17% annualized total return. 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 September 13, 2026.