MercadoLibre (LIM:MELI) Gross-Profit-to-Asset % : 45.75% (As of Sep. 2024)

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What is MercadoLibre Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. MercadoLibre's annualized Gross Profit for the quarter that ended in Sep. 2024 was $9,756 Mil. MercadoLibre's average Total Assets over the quarter that ended in Sep. 2024 was $21,327 Mil. Therefore, MercadoLibre's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 45.75%.

MercadoLibre Gross-Profit-to-Asset % Historical Data

The historical data trend for MercadoLibre's Gross-Profit-to-Asset % 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.

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MercadoLibre Gross-Profit-to-Asset % Chart

MercadoLibre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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31.39

30.23

36.15

43.32

45.92

MercadoLibre Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															53.43	39.47	44.11	48.40	45.75

Competitive Comparison of MercadoLibre's Gross-Profit-to-Asset %

For the Internet Retail subindustry, MercadoLibre's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MercadoLibre's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where MercadoLibre's Gross-Profit-to-Asset % falls into.

MercadoLibre Gross-Profit-to-Asset % Calculation

MercadoLibre's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	7206	/	( (13736	+	17646)	/ 2 )
	=	7206	/	15691
	=	45.92 %

MercadoLibre's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	9756	/	( (20030	+	22623)	/ 2 )
	=	9756	/	21326.5
	=	45.75 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

MercadoLibre Gross-Profit-to-Asset % Related Terms

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MercadoLibre Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MercadoLibre Inc (LIM:MELI) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

MELI:USA MELI:Mexico 0K0E:UK MLB1:Germany MLB1:Germany MLB1:Germany MELI34:Brazil MELI:Austria MELI:Argentina

Address

WTC Free Zone, Dr. Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, URY, 11300

Website

https://www.mercadolibre.com

MercadoLibre runs the largest e-commerce marketplace in Latin America, with more than 218 million active users and 1 million active sellers across 18 countries stitching into its commerce network or fintech solutions as of the end of 2023. The company operates a host of complementary businesses to its core online shop, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago and Mercado Credito), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.