Ticker League

TTM

33.7%

YoY change

+3.32pp

Trough year (2004)

-27.0%

Peak year (2025)

37.3%

FCF Margin history chart for MercadoLibre (MELI) from 2002 to 2025

Latest: 37.3%

FCF Margin change chart for MercadoLibre (MELI) from 2002 to 2025

Latest: +3.32pp

FCF Margin history table for MercadoLibre (MELI) from 2002 to 2025

  • 202537.3%+3.32pp
  • 202434.0%+3.32pp
  • 202330.7%+7.60pp
  • 202223.1%+18.02pp
  • 20215.0%-18.51pp
  • 202023.5%+9.85pp
  • 201913.7%+4.43pp
  • 20189.2%-6.71pp
  • 201716.0%+2.59pp
  • 201613.4%-10.73pp
  • 201524.1%-4.92pp
  • 201429.0%+23.03pp
  • 20136.0%-26.60pp
  • 201232.6%+9.10pp
  • 201123.5%-1.55pp
  • 201025.0%-0.96pp
  • 200926.0%-10.18pp
  • 200836.2%+31.87pp
  • 20074.3%-2.82pp
  • 20067.1%+2.06pp
  • 20055.1%+32.07pp
  • 2004-27.0%-10.92pp
  • 2003-16.1%-16.07pp
  • 20020.0%

FCF Margin values are taken from MercadoLibre's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at MercadoLibre (MELI)

According to MercadoLibre's latest reported financial statements, the company's latest reported free cash flow margin is 33.7%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual free cash flow margin for MercadoLibre (MELI) came in at 37.29% – expanded 3.3 percentage points year-over-year.

The record annual free cash flow margin stands at 37.29%, reached in 2025; the historical low of -26.99% was recorded in 2004.

MercadoLibre FCF Margin by Year

MercadoLibre FCF Margin 2025: 37.3%

MercadoLibre free cash flow margin in 2025 was 37.29%, expanded 3.3 percentage points from 2024. This figure represents the highest annual value in the available history.

MercadoLibre FCF Margin 2024: 34.0%

2024's free cash flow margin for MercadoLibre came in at 33.97%, expanded 3.3 percentage points from 2023.

MercadoLibre FCF Margin 2023: 30.7%

MercadoLibre posted free cash flow margin of 30.65% in 2023, expanded 7.6 percentage points from 2022.

MercadoLibre FCF Margin 2022: 23.1%

In 2022, MercadoLibre reported free cash flow margin of 23.05%, expanded 18.0 percentage points from 2021.

MercadoLibre FCF Margin 2021: 5.0%

MercadoLibre free cash flow margin in 2021 was 5.03%.

See more financial history for MercadoLibre (MELI).

Sector peers by FCF Margin

Consumer Cyclical peers of MercadoLibre (MELI), ranked by their latest free cash flow margin

Frequently asked questions