MELIMercadoLibre, Inc.

$1,951.22

Is it safe?

Can MELI take a bad year?

MercadoLibre, Inc. carries $4.54B of net debt at 1.28× EBITDA: a load its earnings can carry.

$4.54B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.28×

Net debt / EBITDA · −0.47× a year ago · the load is going up

Debt / equity
1.40×

Debt / equity

Annualised volatility
41%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ1 2026
$10.2B
Cash and short-term investments
$5.65B
Net debt
$4.54B
EBITDA, trailing twelve months
$3.54B
Operating profit, trailing twelve months
$3.05B
Debt / equity
1.40×
Total debt / EBITDA
2.88×
Annualised volatilitytwo years of daily moves
41%
Worst drawdown on file
−69%
Below its 52-week high
−22%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.