MercadoLibre (MEX:MELIN) FCF Margin %: 20.40% (As of Mar. 2026) — Near Median


MEX:MELIN MercadoLibre Inc MEX:MELIN
71 GF Score
Price MXN28,406.70
GF Value MXN62,504.41
Valuation Significantly Undervalued
! 3 Warning Signs
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What is MercadoLibre FCF Margin %?

MercadoLibre MEX:MELIN -3.44% 71 FCF Margin % is 20.40% as of Mar. 2026, which is 5% above its 10-year median of 19.51. GuruFocus rates MEX:MELIN with a GF Score™ of 71/100 and a GF Value™ of MXN62,504.41 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,125 Retail - Cyclical companies, MercadoLibre ranks better than 98.22% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. MercadoLibre's Free Cash Flow for the three months ended in Mar. 2026 was MXN32,531 Mil. MercadoLibre's Revenue for the three months ended in Mar. 2026 was MXN159,499 Mil. Therefore, MercadoLibre's FCF Margin % for the quarter that ended in Mar. 2026 was 20.40%.

As of today, MercadoLibre's current FCF Yield % is 14.34%.

The historical rank and industry rank for MercadoLibre's FCF Margin % or its related term are showing as below:

MEX:MELIN' s FCF Margin % Range Over the Past 10 Years
Min: 5.04   Med: 19.51   Max: 37.29
Current: 37.24


During the past 13 years, the highest FCF Margin % of MercadoLibre was 37.29%. The lowest was 5.04%. And the median was 19.51%.

MEX:MELIN's FCF Margin % is ranked better than
98.22% of 1125 companies
in the Retail - Cyclical industry
Industry Median: 3.02 vs MEX:MELIN: 37.24


MercadoLibre FCF Margin % Related Terms


MercadoLibre FCF Margin % Historical Data

* Premium members only.

The historical data trend for MercadoLibre's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MercadoLibre FCF Margin % Chart

MercadoLibre Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 23.05 30.65 33.97 37.29

MercadoLibre Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.79 38.73 35.12 54.60 20.40

MEX:MELIN vs DASH, SE, PDD: FCF Margin % Comparison

For the Internet Retail subindustry, MercadoLibre's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MercadoLibre FCF Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MercadoLibre's FCF Margin % distribution charts can be found below:

* The bar in red indicates where MercadoLibre's FCF Margin % falls into.


MEX:MELIN
71GF Score
MercadoLibre Inc MEX:MELIN
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MercadoLibre FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

MercadoLibre's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=193975.406/520238.69
=37.29 %

MercadoLibre's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=32530.991/159499.232
=20.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 20.40% mean?
MercadoLibre (MEX:MELIN) has a FCF Margin % of 20.40% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on MercadoLibre and its competitors. This is near median its historical median of 19.51. Over the past decade, MercadoLibre's FCF Margin % has ranged from 5.04 to 37.29. According to the industry distribution chart, MercadoLibre ranks #20 out of 1125 companies in the Retail - Cyclical industry, placing it in the top 1.8%.
Is MercadoLibre's FCF Margin % too high?
MercadoLibre's current FCF Margin % of 20.40% is near median its 10-year median of 19.51. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 37.29. The Retail - Cyclical industry median FCF Margin % is 3.02. MercadoLibre's value of 20.40% is 575.5% above this industry median. Based on the distribution chart, MercadoLibre ranks #20 out of 1125 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, MercadoLibre has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MercadoLibre's FCF Margin % compare to DASH and SE?
According to the Retail - Cyclical industry distribution chart, MercadoLibre ranks #20 out of 1125 companies for FCF Margin %. This places MercadoLibre in the top 2% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.02. MercadoLibre's value of 20.40% is 575.5% above this benchmark. Historically, MercadoLibre's own FCF Margin % has ranged from 5.04 to 37.29 over the past decade. While the company's 10-year median is 19.51 vs. the industry median of 3.02, MercadoLibre has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Retail - Cyclical company?
The median FCF Margin % among Retail - Cyclical companies is 3.02, based on 1,125 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MercadoLibre's current FCF Margin % of 20.40% is 575.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on MercadoLibre and its competitors. For the Retail - Cyclical industry, the median FCF Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MercadoLibre's current FCF Margin % is 20.40%, which is near median its own 10-year median of 19.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MercadoLibre stock overvalued right now?
Based on GuruFocus' analysis, MercadoLibre (MEX:MELIN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN62,504.41, compared to a current price of MXN28,406.70 — trading 54.6% below its estimated fair value. The current FCF Margin % is 20.40%, which is near median its 10-year median of 19.51 and 575.5% above the Retail - Cyclical industry median of 3.02. MercadoLibre's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For MercadoLibre (MEX:MELIN), the current FCF Margin % is 20.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MercadoLibre (MEX:MELIN) Overvalued in 2026?

Based on GuruFocus' analysis, MercadoLibre stock appears to be undervalued. The current stock price of MXN28,406.70 is trading 54.6% below its estimated GF Value™ of MXN62,504.41. GuruFocus considers MercadoLibre to be Significantly Undervalued.

Key valuation signals for MEX:MELIN:

  • FCF Margin %: 20.40% (near median its 10-year median of 19.51)
  • GF Value™: MXN62,504.41 vs. price of MXN28,406.70 (54.6% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 575.5% above the Retail - Cyclical median (#20 of 1125)

No single metric tells the full story. See the MEX:MELIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MercadoLibre Business Description

Address WTC Free Zone, Dr Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, URY, 11300
MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025. The company is roughly split between its e-commerce business, which includes its fulfillment and advertising services, and its fintech segment, which comprises its rapidly expanding payment and digital wallet platform (Mercado Pago) and its lending business (Mercado Credito). While the company operates in 18 countries, its primary markets are Brazil, Argentina, and Mexico, which account for more than 95% of its revenue.
71GF Score

Get the complete analysis for MEX:MELIN

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN28,406.70
Price
MXN62,504.41
GF Value