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Side-by-side financial comparison of McDonald's (MCD) and MERCADOLIBRE INC (MELI). Click either name above to swap in a different company.
McDonald's is the larger business by last-quarter revenue ($7.0B vs $6.1B, roughly 1.1× MERCADOLIBRE INC). McDonald's runs the higher net margin — 30.9% vs 9.1%, a 21.8% gap on every dollar of revenue. On growth, MERCADOLIBRE INC posted the faster year-over-year revenue change (40.2% vs 9.7%). MERCADOLIBRE INC produced more free cash flow last quarter ($4.8B vs $1.6B). Over the past eight quarters, MERCADOLIBRE INC's revenue compounded faster (40.7% CAGR vs 6.6%).
McDonald's Corporation, doing business as McDonald's, is an American multinational fast food restaurant chain. As of 2024, it is the second-largest by number of locations in the world, behind the Chinese chain Mixue Ice Cream & Tea.
MercadoLibre, Inc., known as Mercado Livre in Brazil, literally meaning "free market" in both languages, is a company of Argentine origin and incorporated in Delaware in the United States that operates online marketplaces dedicated to e-commerce and online auctions. As of 2016, Mercado Libre had 174.2 million users in Latin America, making it the region's most popular e-commerce site by number of visitors.
MCD vs MELI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.0B | $6.1B |
| Net Profit | $2.2B | $559.0M |
| Gross Margin | — | 61.7% |
| Operating Margin | 45.0% | 14.5% |
| Net Margin | 30.9% | 9.1% |
| Revenue YoY | 9.7% | 40.2% |
| Net Profit YoY | 7.3% | -12.5% |
| EPS (diluted) | $3.03 | $11.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $7.0B | $6.1B | ||
| Q3 25 | $7.1B | $5.2B | ||
| Q2 25 | $6.8B | $4.8B | ||
| Q1 25 | $6.0B | $4.2B | ||
| Q4 24 | $6.4B | $4.4B | ||
| Q3 24 | $6.9B | $3.9B | ||
| Q2 24 | $6.5B | $3.8B | ||
| Q1 24 | $6.2B | $3.1B |
| Q4 25 | $2.2B | $559.0M | ||
| Q3 25 | $2.3B | $421.0M | ||
| Q2 25 | $2.3B | $523.0M | ||
| Q1 25 | $1.9B | $494.0M | ||
| Q4 24 | $2.0B | $639.0M | ||
| Q3 24 | $2.3B | $397.0M | ||
| Q2 24 | $2.0B | $531.0M | ||
| Q1 24 | $1.9B | $344.0M |
| Q4 25 | — | 61.7% | ||
| Q3 25 | 90.6% | 61.7% | ||
| Q2 25 | 90.4% | 64.4% | ||
| Q1 25 | 89.6% | 66.1% | ||
| Q4 24 | — | 62.8% | ||
| Q3 24 | 90.6% | 62.6% | ||
| Q2 24 | 90.3% | 62.8% | ||
| Q1 24 | 89.8% | 65.3% |
| Q4 25 | 45.0% | 14.5% | ||
| Q3 25 | 47.4% | 13.9% | ||
| Q2 25 | 47.2% | 17.2% | ||
| Q1 25 | 44.5% | 18.2% | ||
| Q4 24 | 44.9% | 18.7% | ||
| Q3 24 | 46.4% | 14.3% | ||
| Q2 24 | 45.0% | 19.3% | ||
| Q1 24 | 44.4% | 17.0% |
| Q4 25 | 30.9% | 9.1% | ||
| Q3 25 | 32.2% | 8.1% | ||
| Q2 25 | 32.9% | 10.9% | ||
| Q1 25 | 31.4% | 11.8% | ||
| Q4 24 | 31.6% | 14.6% | ||
| Q3 24 | 32.8% | 10.2% | ||
| Q2 24 | 31.2% | 14.1% | ||
| Q1 24 | 31.3% | 11.1% |
| Q4 25 | $3.03 | $11.03 | ||
| Q3 25 | $3.18 | $8.32 | ||
| Q2 25 | $3.14 | $10.31 | ||
| Q1 25 | $2.60 | $9.74 | ||
| Q4 24 | $2.80 | $12.60 | ||
| Q3 24 | $3.13 | $7.83 | ||
| Q2 24 | $2.80 | $10.48 | ||
| Q1 24 | $2.66 | $6.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $774.0M | $6.3B |
| Total DebtLower is stronger | $40.0B | $4.6B |
| Stockholders' EquityBook value | $-1.8B | $6.7B |
| Total Assets | $59.5B | $42.7B |
| Debt / EquityLower = less leverage | — | 0.68× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $774.0M | $6.3B | ||
| Q3 25 | $2.4B | $6.3B | ||
| Q2 25 | $1.9B | $7.6B | ||
| Q1 25 | $1.2B | $8.1B | ||
| Q4 24 | $1.1B | $7.1B | ||
| Q3 24 | $1.2B | $6.7B | ||
| Q2 24 | $792.0M | $6.9B | ||
| Q1 24 | $838.0M | $6.3B |
| Q4 25 | $40.0B | $4.6B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.5B | ||
| Q1 25 | — | $2.9B | ||
| Q4 24 | $38.4B | $2.9B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.2B |
| Q4 25 | $-1.8B | $6.7B | ||
| Q3 25 | $-2.2B | $6.2B | ||
| Q2 25 | $-2.8B | $5.7B | ||
| Q1 25 | $-3.5B | $5.0B | ||
| Q4 24 | $-3.8B | $4.4B | ||
| Q3 24 | $-5.2B | $4.0B | ||
| Q2 24 | $-4.8B | $3.7B | ||
| Q1 24 | $-4.8B | $3.4B |
| Q4 25 | $59.5B | $42.7B | ||
| Q3 25 | $60.6B | $36.7B | ||
| Q2 25 | $59.6B | $32.9B | ||
| Q1 25 | $56.3B | $27.7B | ||
| Q4 24 | $55.2B | $25.2B | ||
| Q3 24 | $56.2B | $22.6B | ||
| Q2 24 | $53.8B | $20.0B | ||
| Q1 24 | $53.5B | $19.1B |
| Q4 25 | — | 0.68× | ||
| Q3 25 | — | 0.55× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.78× | ||
| Q2 24 | — | 0.67× | ||
| Q1 24 | — | 0.66× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.7B | $5.2B |
| Free Cash FlowOCF − Capex | $1.6B | $4.8B |
| FCF MarginFCF / Revenue | 23.4% | 77.9% |
| Capex IntensityCapex / Revenue | 15.1% | 7.0% |
| Cash ConversionOCF / Net Profit | 1.25× | 9.32× |
| TTM Free Cash FlowTrailing 4 quarters | $7.2B | $10.8B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.7B | $5.2B | ||
| Q3 25 | $3.4B | $3.0B | ||
| Q2 25 | $2.0B | $2.9B | ||
| Q1 25 | $2.4B | $1.0B | ||
| Q4 24 | $2.6B | $2.9B | ||
| Q3 24 | $2.7B | $1.6B | ||
| Q2 24 | $1.7B | $1.9B | ||
| Q1 24 | $2.4B | $1.5B |
| Q4 25 | $1.6B | $4.8B | ||
| Q3 25 | $2.4B | $2.6B | ||
| Q2 25 | $1.3B | $2.6B | ||
| Q1 25 | $1.9B | $759.0M | ||
| Q4 24 | $1.8B | $2.6B | ||
| Q3 24 | $1.9B | $1.4B | ||
| Q2 24 | $1.1B | $1.7B | ||
| Q1 24 | $1.8B | $1.4B |
| Q4 25 | 23.4% | 77.9% | ||
| Q3 25 | 34.1% | 50.0% | ||
| Q2 25 | 18.3% | 54.8% | ||
| Q1 25 | 31.5% | 18.1% | ||
| Q4 24 | 28.6% | 59.8% | ||
| Q3 24 | 28.3% | 35.4% | ||
| Q2 24 | 16.3% | 45.1% | ||
| Q1 24 | 29.9% | 44.1% |
| Q4 25 | 15.1% | 7.0% | ||
| Q3 25 | 14.3% | 6.9% | ||
| Q2 25 | 10.9% | 6.0% | ||
| Q1 25 | 9.3% | 6.5% | ||
| Q4 24 | 12.6% | 7.0% | ||
| Q3 24 | 11.6% | 5.7% | ||
| Q2 24 | 9.7% | 4.9% | ||
| Q1 24 | 8.9% | 4.7% |
| Q4 25 | 1.25× | 9.32× | ||
| Q3 25 | 1.50× | 7.03× | ||
| Q2 25 | 0.89× | 5.58× | ||
| Q1 25 | 1.30× | 2.09× | ||
| Q4 24 | 1.30× | 4.58× | ||
| Q3 24 | 1.21× | 4.03× | ||
| Q2 24 | 0.84× | 3.54× | ||
| Q1 24 | 1.24× | 4.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MCD
| International Operated Markets | $3.6B | 51% |
| Other | $2.8B | 40% |
| International Developmental Licensed Marketsand Corporate | $633.0M | 9% |
MELI
| Commerce | $2.8B | 45% |
| Argentina Segment | $1.6B | 26% |
| Products | $1.2B | 20% |
| Other Countries Segment | $414.0M | 7% |
