Is MELI or SNOW more profitable?

MELI runs the higher net margin — MELI at 5.30% versus SNOW at -20.07%.

How have MELI and SNOW total returns compared?

Over the past 5 years, MELI delivered 0.53% and SNOW delivered 0.65% annualized total return. Past performance doesn't predict future results.

MercadoLibre, Inc. (MELI) vs Snowflake Inc. (SNOW)

A side-by-side comparison of MercadoLibre, Inc. and Snowflake 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: MELI is classified in Consumer Cyclical; SNOW is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

MELI

MercadoLibre, Inc.

$86.81B

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

SNOW

Snowflake Inc.

$113.73B

$328.12TechnologyDelayed quote: Sep 28, 2026, 4:00 PM EDT

Total return — MELI vs SNOW

growth of $100 · dividends reinvested · last 6y

MELI +83.7% (+10.7%/yr)SNOW +29.6% (+4.4%/yr)MELI compounded faster over this window

MELI SNOW

MELI vs SNOW: by the numbers

•SNOW is the larger company ($113.73B vs $86.81B market cap).
•MELI is profitable (5.30% net margin) while SNOW runs a net loss (-20.07%).

Metrics side by side

Valuation

Metric	MELI	SNOW
P/E ratio	46.60	N/A
Forward P/E	45.16	148.12
P/S ratio	2.47	20.93
P/B ratio	11.08	52.90
EV / EBITDA	24.75	N/A
FCF yield	13.73%	1.05%

Profitability

Metric	MELI	SNOW
Gross margin	42.68%	67.03%
Operating margin	8.26%	-22.76%
Net margin	5.30%	-20.07%
ROE	23.78%	-50.74%
ROIC	11.63%	-24.89%

Growth (annualized)

Metric	MELI	SNOW
Revenue CAGR (5Y)	44.82%	44.89%
FCF CAGR (5Y)	129.42%	N/A
Total return CAGR (5Y)	0.53%	0.65%

Frequently asked

Is MELI or SNOW more profitable?: MELI runs the higher net margin — MELI at 5.30% versus SNOW at -20.07%.
How have MELI and SNOW total returns compared?: Over the past 5 years, MELI delivered 0.53% and SNOW delivered 0.65% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MELI analysis Full SNOW analysis Interactive comparison tool

Dig into the metrics

MercadoLibre P/E ratio MercadoLibre ROE Snowflake ROE MercadoLibre operating margin Snowflake operating margin MercadoLibre revenue growth Snowflake revenue growth MercadoLibre free cash flow Snowflake free cash flow

MercadoLibre & Snowflake appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return 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.