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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. MercadoLibre's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was €1,131 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €4,083 Mil.
MercadoLibre (FRA:MLB1) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
MercadoLibre Selling, General, & Admin. Expense Related Terms
MercadoLibre Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for MercadoLibre's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart
FRA:MLB1 vs DASH, PDD, SE: Selling, General, & Admin. Expense Comparison
For the Internet Retail subindustry, MercadoLibre's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, MercadoLibre's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where MercadoLibre's Selling, General, & Admin. Expense falls into.
MercadoLibre Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,083 Mil.
* 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.
What does a Selling, General, & Admin. Expense of €4,083 Mil mean?
MercadoLibre (FRA:MLB1) has a Selling, General, & Admin. Expense of €4,083 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on MercadoLibre and its competitors.
Is MercadoLibre's Selling, General, & Admin. Expense too high?
MercadoLibre's current Selling, General, & Admin. Expense is €4,083 Mil. Overall, MercadoLibre has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MercadoLibre's Selling, General, & Admin. Expense compare to DASH and PDD?
MercadoLibre's Selling, General, & Admin. Expense of €4,083 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Retail - Cyclical company?
A good Selling, General, & Admin. Expense depends on the Retail - Cyclical industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on MercadoLibre and its competitors. MercadoLibre's current Selling, General, & Admin. Expense is €4,083 Mil. 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 (FRA:MLB1) is currently considered Significantly Undervalued. The stock's GF Value™ is €3,188.30, compared to a current price of €1,619.60 — trading 49.2% below its estimated fair value. The current Selling, General, & Admin. Expense is €4,083 Mil. MercadoLibre's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For MercadoLibre (FRA:MLB1), the current Selling, General, & Admin. Expense is €4,083 Mil 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 (FRA:MLB1) Overvalued in 2026?
Based on GuruFocus' analysis, MercadoLibre stock appears to be undervalued.
The current stock price of €1,619.60 is trading 49.2% below its estimated GF Value™ of €3,188.30.
GuruFocus considers MercadoLibre to be Significantly Undervalued.
Key valuation signals for FRA:MLB1:
Selling, General, & Admin. Expense: €4,083 Mil
GF Value™: €3,188.30 vs. price of €1,619.60 (49.2% below fair value)
No single metric tells the full story. See the FRA:MLB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
80GF Score
Get the complete analysis for FRA:MLB1
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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