MercadoLibre, Inc. (MELI) Return on Invested Capital (ROIC): 11.78%
Is MercadoLibre, Inc.’s return on invested capital (ROIC) high or low?
MercadoLibre, Inc.'s return on invested capital (ROIC) of 11.78% is 24% above its 5-year average of 9.51%, around the middle of its 5-year range (-0.05%–17.73%).
The return on invested capital (ROIC) for MercadoLibre, Inc. (MELI) is 11.78% as of Wednesday, June 10, 2026. It is below its 12-month average by 20.16% (14.75%).
MELI Return on Invested Capital (ROIC) Chart
MELI Average Return on Invested Capital (ROIC) Chart
MELI Current vs Average Return on Invested Capital (ROIC) Chart
MELI Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
11.78%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
14.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.57%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
9.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
7.44%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
13.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
13.95%
CURRENT VS TTM AVG
-20.16%
CURRENT VS 3Y AVG
-13.19%
CURRENT VS 5Y AVG
+23.93%
CURRENT VS 10Y AVG
+58.26%
CURRENT VS 15Y AVG
-11.74%
CURRENT VS 20Y AVG
-15.57%
MELI Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MercadoLibre, Inc. (MELI) | — | 11.78% | 14.75% | 13.57% | 9.51% |
| Hilton Worldwide Holdings Inc. (HLT) | $76.74B | 11.29% | 13.84% | 13.21% | 9.40% |
| Airbnb, Inc. (ABNB) | $76.62B | 19.16% | 18.93% | 18.27% | 2.36% |
| Ross Stores, Inc. (ROST) | $74.06B | 17.10% | 16.96% | 16.07% | 14.27% |
| General Motors Company (GM) | $71.59B | 1.16% | 2.58% | 3.32% | 3.26% |
| NIKE, Inc. (NKE) | $65.15B | 11.57% | 15.04% | 16.70% | 16.54% |
| Marriott International, Inc. (MAR) | $101.90B | 15.59% | 15.33% | 16.05% | 12.10% |
| Ford Motor Company (F) | $56.36B | 0.75% | 1.26% | 1.78% | 1.23% |
| Starbucks Corporation (SBUX) | $112.74B | 8.48% | 12.44% | 15.12% | 13.40% |
| eBay Inc. (EBAY) | $48.06B | 14.36% | 13.88% | 11.58% | 11.14% |
Capital Efficiency
ROIC
11.8%
ROE
26.4%
MercadoLibre, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MercadoLibre, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for MercadoLibre, Inc. (MELI)?
- The return on invested capital (ROIC) for MELI stock is 11.78%.
- Is MercadoLibre, Inc.'s return on invested capital (ROIC) high or low?
- MercadoLibre, Inc.'s return on invested capital (ROIC) of 11.78% is 24% above its 5-year average of 9.51%, around the middle of its 5-year range (-0.05%–17.73%).
- What is the TTM average return on invested capital (ROIC) for MercadoLibre, Inc. (MELI)?
- The TTM average return on invested capital (ROIC) for MELI stock is 14.75%.
- What is the 3Y average return on invested capital (ROIC) for MercadoLibre, Inc. (MELI)?
- The 3Y average return on invested capital (ROIC) for MELI stock is 13.57%.
- What is the 5Y average return on invested capital (ROIC) for MercadoLibre, Inc. (MELI)?
- The 5Y average return on invested capital (ROIC) for MELI stock is 9.51%.
- What is the 10Y average return on invested capital (ROIC) for MercadoLibre, Inc. (MELI)?
- The 10Y average return on invested capital (ROIC) for MELI stock is 7.44%.
- What is the 15Y average return on invested capital (ROIC) for MercadoLibre, Inc. (MELI)?
- The 15Y average return on invested capital (ROIC) for MELI stock is 13.35%.
- What is the 20Y average return on invested capital (ROIC) for MercadoLibre, Inc. (MELI)?
- The 20Y average return on invested capital (ROIC) for MELI stock is 13.95%.
MercadoLibre, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 11.78% |
| 2024-12-31 | 17.73% |
| 2023-12-31 | 15.90% |
| 2022-12-31 | 8.87% |
| 2021-12-31 | 2.80% |
| 2020-12-31 | -0.05% |
| 2019-12-31 | -4.73% |
| 2018-12-31 | -3.22% |
| 2017-12-31 | 1.88% |
| 2016-12-31 | 16.60% |
| 2015-12-31 | 14.32% |
| 2014-12-31 | 10.63% |
| 2013-12-31 | 28.99% |
| 2012-12-31 | 30.31% |
| 2011-12-31 | 29.69% |
| 2010-12-31 | 32.06% |
| 2009-12-31 | 34.76% |
| 2008-12-31 | 20.77% |
| 2007-12-31 | 14.21% |
| 2006-12-31 | 7.30% |
| 2005-12-31 | 2.41% |
| 2004-12-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2002-12-31 | 0.00% |
Related Metrics
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