MercadoLibre Past Earnings Performance
Past criteria checks 4/6
MercadoLibre has been growing earnings at an average annual rate of 73.4%, while the Multiline Retail industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 38.6% per year. MercadoLibre's return on equity is 35.9%, and it has net margins of 7.8%.
Key information
73.4%
Earnings growth rate
73.3%
EPS growth rate
| Multiline Retail Industry Growth | 6.5% |
| Revenue growth rate | 38.6% |
| Return on equity | 35.9% |
| Net Margin | 7.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MercadoLibre makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 18,493 | 1,437 | 4,623 | 1,847 |
| 30 Jun 24 | 17,108 | 1,399 | 4,159 | 1,739 |
| 31 Mar 24 | 15,620 | 1,130 | 3,774 | 1,647 |
| 31 Dec 23 | 14,473 | 987 | 3,551 | 1,570 |
| 30 Sep 23 | 13,533 | 987 | 3,306 | 1,470 |
| 30 Jun 23 | 12,463 | 757 | 3,166 | 1,352 |
| 31 Mar 23 | 11,475 | 618 | 3,135 | 1,246 |
| 31 Dec 22 | 10,537 | 482 | 3,018 | 1,099 |
| 30 Sep 22 | 9,665 | 271 | 2,884 | 953 |
| 30 Jun 22 | 8,833 | 237 | 2,618 | 813 |
| 31 Mar 22 | 7,939 | 182 | 2,289 | 698 |
| 31 Dec 21 | 7,069 | 83 | 1,965 | 590 |
| 30 Sep 21 | 6,266 | 78 | 1,713 | 528 |
| 30 Jun 21 | 5,524 | -3 | 1,513 | 479 |
| 31 Mar 21 | 4,699 | -16 | 1,334 | 405 |
| 31 Dec 20 | 3,974 | -4 | 1,228 | 353 |
| 30 Sep 20 | 3,320 | -8 | 1,151 | 294 |
| 30 Jun 20 | 2,808 | -169 | 1,150 | 264 |
| 31 Mar 20 | 2,475 | -209 | 1,126 | 245 |
| 31 Dec 19 | 2,296 | -181 | 1,031 | 224 |
| 30 Sep 19 | 2,050 | -128 | 879 | 205 |
| 30 Jun 19 | 1,802 | 9 | 717 | 181 |
| 31 Mar 19 | 1,592 | -18 | 641 | 160 |
| 31 Dec 18 | 1,440 | -37 | 620 | 146 |
| 30 Sep 18 | 1,370 | -102 | 602 | 141 |
| 30 Jun 18 | 1,319 | -64 | 572 | 138 |
| 31 Mar 18 | 1,268 | -48 | 526 | 135 |
| 31 Dec 17 | 1,217 | 14 | 448 | 127 |
| 30 Sep 17 | 1,115 | 133 | 371 | 119 |
| 30 Jun 17 | 1,041 | 144 | 321 | 113 |
| 31 Mar 17 | 956 | 155 | 269 | 107 |
| 31 Dec 16 | 844 | 136 | 244 | 98 |
| 30 Sep 16 | 769 | 124 | 233 | 95 |
| 30 Jun 16 | 707 | 131 | 217 | 86 |
| 31 Mar 16 | 661 | 134 | 210 | 81 |
| 31 Dec 15 | 652 | 106 | 205 | 76 |
| 30 Sep 15 | 632 | 101 | 196 | 70 |
| 30 Jun 15 | 612 | 89 | 190 | 66 |
| 31 Mar 15 | 589 | 44 | 181 | 59 |
| 31 Dec 14 | 557 | 72 | 174 | 54 |
| 30 Sep 14 | 530 | 79 | 158 | 47 |
| 30 Jun 14 | 505 | 75 | 154 | 46 |
| 31 Mar 14 | 485 | 130 | 150 | 44 |
| 31 Dec 13 | 473 | 117 | 148 | 41 |
Quality Earnings: MELI has high quality earnings.
Growing Profit Margin: MELI's current net profit margins (7.8%) are higher than last year (7.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MELI has become profitable over the past 5 years, growing earnings by 73.4% per year.
Accelerating Growth: MELI's earnings growth over the past year (45.6%) is below its 5-year average (73.4% per year).
Earnings vs Industry: MELI earnings growth over the past year (45.6%) exceeded the Multiline Retail industry 20.4%.
Return on Equity
High ROE: Whilst MELI's Return on Equity (35.91%) is high, this metric is skewed due to their high level of debt.