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GuruFocus has detected 6 Warning Signs with MercadoLibre Inc \$MELI.
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Pre-Tax Income
\$185.3 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. MercadoLibre Inc's pretax income for the three months ended in Dec. 2016 was \$67.6 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was \$185.3 Mil. MercadoLibre Inc's pretax margin was 26.39%.

During the past 13 years, MercadoLibre Inc's highest Pretax Margin was 37.53%. The lowest was 16.94%. And the median was 23.90%.

Definition

This is the income that a company earns before paying income taxes.

MercadoLibre Inc's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 181.056 + -5.565 + -25.605 + 35.442 + -2.84217094304E-14 = 185.3

MercadoLibre Inc's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 64.672 + -0.503 + -6.798 + 10.25 + 0 = 67.6

MercadoLibre Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 37.203 (Mar. 2016 ) + 28.218 (Jun. 2016 ) + 52.286 (Sep. 2016 ) + 67.621 (Dec. 2016 ) = \$185.3 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

MercadoLibre Inc's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

 Pretax Margin = Pretax Income / Revenue = 67.621 / 256.275 = 26.39%

During the past 13 years, MercadoLibre Inc's highest Pretax Margin was 37.53%. The lowest was 16.94%. And the median was 23.90%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.