Question 1

What is MercadoLibre's P/FCF ratio?

Accepted Answer

MercadoLibre (MELI) P/FCF ratio is 7.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for MercadoLibre?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For MercadoLibre specifically, the relevant sector benchmark is the current sector median of 17.8×.

Question 5

Is MercadoLibre's P/FCF ratio high or low?

Accepted Answer

MercadoLibre's P/FCF ratio of 7.6× is below its own 5-year average of 52.7× and below the sector median of 17.8×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is MercadoLibre's historical P/FCF ratio range?

Accepted Answer

In the available daily series, MercadoLibre (MELI) P/FCF ratio has ranged from a low of 7.3× in 2026 to a high of 942.8× in 2007. The 5-year average is 52.7× and the 5-year median is 17.1×.

Question 7

What was MercadoLibre's P/FCF ratio in 2025?

Accepted Answer

MercadoLibre (MELI) P/FCF ratio at the end of 2025 was 10.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does MercadoLibre's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$102.12B	$10.10B	10.1×	-2.6×	Dec 31, 2025
2024	$86.21B	$6.77B	12.7×	-4.4×	Dec 31, 2024
2023	$79.57B	$4.63B	17.2×	+0.1×	Dec 31, 2023
2022	$42.55B	$2.48B	17.1×	-164.7×	Dec 31, 2022
2021	$67.15B	$369.36M	181.8×	+92.6×	Dec 31, 2021
2020	$83.46B	$935.41M	89.2×	-1.3×	Dec 31, 2020
2019	$28.43B	$314.22M	90.5×	-6.2×	Dec 31, 2019
2018	$12.88B	$133.15M	96.7×	+25.4×	Dec 31, 2018
2017	$13.84B	$194.13M	71.3×	+10.2×	Dec 31, 2017
2016	$6.89B	$112.89M	61.1×	+28.9×	Dec 31, 2016
2015	$5.05B	$157.09M	32.1×	-2.8×	Dec 31, 2015
2014	$5.64B	$161.51M	34.9×	-133.3×	Dec 31, 2014
2013	$4.76B	$28.30M	168.2×	+139.7×	Dec 31, 2013
2012	$3.47B	$121.75M	28.5×	-21.5×	Dec 31, 2012
2011	$3.51B	$70.22M	50.0×	-4.2×	Dec 31, 2011
2010	$2.94B	$54.27M	54.2×	+3.3×	Dec 31, 2010
2009	$2.29B	$44.95M	50.9×	+36.3×	Dec 31, 2009
2008	$725.15M	$49.58M	14.6×	-928.2×	Dec 31, 2008
2007	$3.46B	$3.68M	942.8×	—	Dec 31, 2007
2006	$370.81M	—	—	—	Dec 31, 2006
2005	$368.45M	—	—	—	Dec 31, 2005


Las Vegas Sands (LVS)	15.5×
DraftKings (DKNG)	15.5×
Avery Dennison (AVY)	15.2×
Wynn Resorts (WYNN)	15.1×
NVR (NVR)	14.9×
Booking Holdings (BKNG)	14.7×
Carnival Corporation (CCL)	14.6×
PulteGroup (PHM)	13.7×
Masco (MAS)	13.0×
V.F. (VFC)	12.6×
Deckers Outdoor (DECK)	12.0×
Lululemon Athletica (LULU)	11.6×
D.R. Horton (DHI)	11.3×
Toll Brothers (TOL)	11.1×
LKQ (LKQ)	9.3×
Hasbro (HAS)	9.3×
Mohawk Industries (MHK)	8.4×
Best Buy Co. (BBY)	7.9×
Etsy (ETSY)	7.2×
Leggett & Platt (LEG)	6.6×
Weyco Group (WEYS)	6.2×
Expedia Group (EXPE)	6.0×
General Motors (GM)	5.5×
MGM Resorts (MGM)	5.5×
Ford Motor (F)	3.9×

P/FCF Ratio for MercadoLibre (MELI)

P/FCF Ratio daily chart for MercadoLibre (MELI)

Historical P/FCF Ratio for MercadoLibre (MELI) from 2005 to 2025

About P/FCF Ratio at MercadoLibre (MELI)

MercadoLibre P/FCF Ratio by Year

MercadoLibre P/FCF Ratio 2025: 10.1×

MercadoLibre P/FCF Ratio 2024: 12.7×

MercadoLibre P/FCF Ratio 2023: 17.2×

MercadoLibre P/FCF Ratio 2022: 17.1×

MercadoLibre P/FCF Ratio 2021: 181.8×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

MercadoLibre (MELI) Key Financials

P/FCF Ratio daily chart for MercadoLibre (MELI)

Historical P/FCF Ratio for MercadoLibre (MELI) from 2005 to 2025

About P/FCF Ratio at MercadoLibre (MELI)

MercadoLibre P/FCF Ratio by Year

MercadoLibre P/FCF Ratio 2025: 10.1×

MercadoLibre P/FCF Ratio 2024: 12.7×

MercadoLibre P/FCF Ratio 2023: 17.2×

MercadoLibre P/FCF Ratio 2022: 17.1×

MercadoLibre P/FCF Ratio 2021: 181.8×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is MercadoLibre's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for MercadoLibre?

+Is MercadoLibre's P/FCF ratio high or low?

+What is MercadoLibre's historical P/FCF ratio range?

+What was MercadoLibre's P/FCF ratio in 2025?

+Why does MercadoLibre's P/FCF ratio change over time?

MercadoLibre (MELI) Key Financials