MercadoLibre, Inc.

MELINASDAQConsumer Cyclical● Active

$1,623.76

+$15.96(+0.99%)

Market Cap$82.3B

P/E Ratio—

52W High$2645.22

52W Low$1495

Avg Volume546K

Open$1,606.08

Beta1.35

Free Cash Flow Financials Revenue

MercadoLibre, Inc. (MELI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MELI · free cash flow · updated Jun 8, 2026

Core FCF metrics

MELI · FCF · TTM · margin & CAGR

Free cash flow was $10.77B for FY2025 (fiscal year ending 2025-12-31), up 52.6% year-over-year The FCF margin was 37.3%. Five-year CAGR stands at +63.0%.

FY2025 Free Cash Flow$10.77B▲ +52.6% YoY

Trailing 12M (TTM)$10.71Btrailing 4 quarters sum

FCF Margin37.3%$10.77B ÷ revenue

3-Year CAGR+63.1%FY2022 → FY2025

5-Year CAGR+63.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MELI · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$12.12B(1.34B)$10.77B▲ +52.6%37.3%

FY2024$7.92B(860M)$7.06B▲ +52.4%34.0%

FY2023$5.14B(509M)$4.63B▲ +86.4%30.6%

FY2022$2.94B(455M)$2.48B▲ +598.9%23.1%

FY2021$965.0M(609M)$355.5M▼ 62.0%5.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MELI · P/FCF · FCF yield · FCF per share

MercadoLibre, Inc. (MELI) trades at a FCF yield of 13.02% and a price-to-free-cash-flow ratio of 7.7x. FCF per share stands at $211.21, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

13.02%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$211.21

TTM FCF ÷ Shares Outstanding

Price / FCF

x7.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x8.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MELI · cash flow statement · operating / investing / financing

For FY2025, MercadoLibre, Inc. generated $12.12B in operating cash flow and spent 1.34B in capital expenditures, yielding $10.77B in free cash flow.

Operating Activities

+$12.12B

Cash from core business operations

2025-12-31

Investing Activities

−$6.18B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$2.90B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($12.12B) − |CapEx| (1.34B) = FCF ($10.77B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

MELI vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

MercadoLibre, Inc.YOU

MELI

$10.77B+52.6%37.3%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

MercadoLibre, Inc. (MELI) reported free cash flow of $10.77B for FY2025 (fiscal year ending 2025-12-31), up 52.6% year-over-year. The FCF margin was 37.3%.

Based on available data, MercadoLibre, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $10.77B in FY2025. The 5-year CAGR stands at +63.0%.

MercadoLibre, Inc.'s FCF yield is 13.02% and price-to-FCF ratio is 7.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MELI free cash flow · 8 questions

MercadoLibre, Inc. free cash flow was $10.77B for FY2025, up 52.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $10.71B.

MELI free cash flowMELI FCFMELI FCF 2025MELI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · MercadoLibre, Inc. · MercadoLibre, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026