MercadoLibre, Inc. (MELI) Operating Margin: 9.59%
Is MercadoLibre, Inc.’s operating margin high or low?
MercadoLibre, Inc.'s operating margin of 9.59% is in line with its 5-year average of 9.62%, around the middle of its 5-year range (3.22%–14.61%).
As of Wednesday, June 17, 2026. 19.21% below its 12-month average of 11.87%.
MELI Operating Margin Chart
MELI Average Operating Margin Chart
MELI Current vs Average Operating Margin Chart
MELI Operating Margin Metrics
OPERATING MARGIN
9.59%
OPERATING MARGIN AVG TTM
11.87%
OPERATING MARGIN AVG 3Y
12.07%
OPERATING MARGIN AVG 5Y
9.62%
OPERATING MARGIN AVG 10Y
8.51%
OPERATING MARGIN AVG 15Y
15.64%
OPERATING MARGIN AVG 20Y
16.61%
CURRENT VS TTM AVG
-19.21%
CURRENT VS 3Y AVG
-20.53%
CURRENT VS 5Y AVG
-0.33%
CURRENT VS 10Y AVG
+12.63%
CURRENT VS 15Y AVG
-38.70%
CURRENT VS 20Y AVG
-42.26%
MELI Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MercadoLibre, Inc. (MELI) | $85.84B | 9.59% | 11.87% | 12.07% | 9.62% |
| Airbnb, Inc. (ABNB)vs › | $84.36B | 20.49% | 21.89% | 20.13% | -3.09% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $79.52B | 23.08% | 21.79% | 22.30% | 16.16% |
| Ross Stores, Inc. (ROST)vs › | $74.82B | 12.22% | 12.07% | 11.53% | 10.31% |
| General Motors Company (GM)vs › | $74.66B | 1.34% | 4.20% | 5.10% | 5.52% |
| Carvana Co. (CVNA)vs › | $71.60B | 9.19% | 8.29% | 1.23% | -0.31% |
| NIKE, Inc. (NKE)vs › | $67.20B | 6.03% | 10.14% | 11.53% | 11.67% |
| Marriott International, Inc. (MAR)vs › | $105.80B | 16.02% | 15.41% | 15.95% | 12.87% |
| Starbucks Corporation (SBUX)vs › | $113.76B | 9.28% | 12.29% | 13.81% | 13.10% |
| Sea Limited (SE)vs › | $56.89B | 8.20% | 6.04% | 0.46% | -7.31% |
Operating Efficiency
Gross Margin
43.9%
Operating Margin
9.6%
MercadoLibre, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MercadoLibre, Inc. Operating Margin FAQ
- What is the operating margin for MercadoLibre, Inc. (MELI)?
- The operating margin for MELI stock is 9.59%.
- Is MercadoLibre, Inc.'s operating margin high or low?
- MercadoLibre, Inc.'s operating margin of 9.59% is in line with its 5-year average of 9.62%, around the middle of its 5-year range (3.22%–14.61%).
- What is the TTM average operating margin for MercadoLibre, Inc. (MELI)?
- The TTM average operating margin for MELI stock is 11.87%.
- What is the 3Y average operating margin for MercadoLibre, Inc. (MELI)?
- The 3Y average operating margin for MELI stock is 12.07%.
- What is the 5Y average operating margin for MercadoLibre, Inc. (MELI)?
- The 5Y average operating margin for MELI stock is 9.62%.
- What is the 10Y average operating margin for MercadoLibre, Inc. (MELI)?
- The 10Y average operating margin for MELI stock is 8.51%.
- What is the 15Y average operating margin for MercadoLibre, Inc. (MELI)?
- The 15Y average operating margin for MELI stock is 15.64%.
- What is the 20Y average operating margin for MercadoLibre, Inc. (MELI)?
- The 20Y average operating margin for MELI stock is 16.61%.
MercadoLibre, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 11.08% |
| 2024-12-31 | 12.66% |
| 2023-12-31 | 14.61% |
| 2022-12-31 | 9.92% |
| 2021-12-31 | 6.24% |
| 2020-12-31 | 3.22% |
| 2019-12-31 | -6.67% |
| 2018-12-31 | -4.83% |
| 2017-12-31 | 4.63% |
| 2016-12-31 | 21.44% |
| 2015-12-31 | 21.36% |
| 2014-12-31 | 21.65% |
| 2013-12-31 | 32.49% |
| 2012-12-31 | 34.70% |
| 2011-12-31 | 33.38% |
| 2010-12-31 | 34.42% |
| 2009-12-31 | 32.42% |
| 2008-12-31 | 27.39% |
| 2007-12-31 | 25.45% |
| 2006-12-31 | 10.37% |
| 2005-12-31 | 2.87% |
| 2004-12-31 | -26.45% |
| 2003-12-31 | -62.50% |
| 2002-12-31 | -170.59% |
About MercadoLibre, Inc.
MercadoLibre, Inc. operates as a prominent provider of digital commerce platforms throughout Latin America. Its primary service, the Mercado Libre Marketplace, is an automated online system allowing businesses, independent vendors, and private individuals to list merchandise and finalize sales. Supporting this, the Mercado Pago FinTech platform offers a financial technology solution, facilitating transactions both on and off its e-commerce sites by enabling users to securely send and receive online payments and transfer funds via web and mobile applications. The company further expands its financial offerings through Mercado Fondo, a service that permits users to invest balances held in their Mercado Pago accounts, and Mercado Credito, which extends credit options to qualified merchants and consumers. For logistics, Mercado Envios provides a comprehensive solution, empowering sellers on its platform to utilize third-party delivery services and other logistical partners, including warehousing and fulfillment capabilities. Beyond these core services, MercadoLibre also runs Mercado Libre Classifieds, an online classifieds platform for motor vehicles, real estate, and professional services. Mercado Libre Ads serves as an advertising platform, assisting major retailers and brands in promoting their products and services across the internet. Lastly, Mercado Shops offers a solution for users to establish, manage, and market their personalized online storefronts. Founded in 1999, MercadoLibre, Inc. is headquartered in Montevideo, Uruguay.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Ariel Szarfsztejn