MercadoLibre Inc Profit margin
What is the Profit margin of MercadoLibre Inc?
The Profit margin of MercadoLibre Inc is 6.82%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Consumer Discretionary sector on NASDAQ compared to MercadoLibre Inc
What does MercadoLibre Inc do?
founded in 1999 and headquartered in buenos aires, argentina, mercadolibre is latin america’s leading e-commerce technology company. through its primary platforms, mercadolibre.com and mercadopago.com, it provides solutions to individuals and companies buying, selling, advertising, and paying for goods online. mercadolibre.com serves millions of users and creates a market for a wide variety of goods and services in an easy, safe and efficient way. the site is among the top 50 in the world in terms of page views and is the leading retail platform in unique visitors in each country in which it operates according to metrics provided by comscore networks. mercadolibre maintains a leadership position in 13 latin american countries. the company listed on nasdaq (nasdaq: meli) following its initial public offering in 2007.
Companies with profit margin similar to MercadoLibre Inc
- Smart Parking has Profit margin of 6.81%
- Winox has Profit margin of 6.82%
- China Resources Power has Profit margin of 6.82%
- Ten Pao has Profit margin of 6.82%
- Caesars Entertainment Inc has Profit margin of 6.82%
- Cogelec SA has Profit margin of 6.82%
- MercadoLibre Inc has Profit margin of 6.82%
- Redde Plc has Profit margin of 6.82%
- Jia Yao has Profit margin of 6.82%
- MLP SE has Profit margin of 6.82%
- Skechers U S A has Profit margin of 6.82%
- Golden Nugget Online Gaming has Profit margin of 6.82%
- Beijing Tianyishangjia New Material has Profit margin of 6.82%