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Side-by-side financial comparison of MERCADOLIBRE INC (MELI) and SMITHFIELD FOODS INC (SFD). Click either name above to swap in a different company.

MERCADOLIBRE INC is the larger business by last-quarter revenue ($6.1B vs $3.8B, roughly 1.6× SMITHFIELD FOODS INC). MERCADOLIBRE INC runs the higher net margin — 9.1% vs 6.6%, a 2.6% gap on every dollar of revenue. On growth, MERCADOLIBRE INC posted the faster year-over-year revenue change (40.2% vs 0.8%). Over the past eight quarters, MERCADOLIBRE INC's revenue compounded faster (40.7% CAGR vs 6.8%).

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.

Smithfield Foods, Inc., is a Hong Kong-owned pork producer and food-processing company based in Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, S...

MELI vs SFD — Head-to-Head

Bigger by revenue
MELI
MELI
1.6× larger
MELI
$6.1B
$3.8B
SFD
Growing faster (revenue YoY)
MELI
MELI
+39.4% gap
MELI
40.2%
0.8%
SFD
Higher net margin
MELI
MELI
2.6% more per $
MELI
9.1%
6.6%
SFD
Faster 2-yr revenue CAGR
MELI
MELI
Annualised
MELI
40.7%
6.8%
SFD

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
MELI
MELI
SFD
SFD
Revenue
$6.1B
$3.8B
Net Profit
$559.0M
$249.0M
Gross Margin
61.7%
13.4%
Operating Margin
14.5%
8.8%
Net Margin
9.1%
6.6%
Revenue YoY
40.2%
0.8%
Net Profit YoY
-12.5%
9.8%
EPS (diluted)
$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.

Revenue
MELI
MELI
SFD
SFD
Q1 26
$3.8B
Q4 25
$6.1B
$4.2B
Q3 25
$5.2B
$3.7B
Q2 25
$4.8B
$3.8B
Q1 25
$4.2B
$3.8B
Q4 24
$4.4B
$4.0B
Q3 24
$3.9B
$3.3B
Q2 24
$3.8B
Net Profit
MELI
MELI
SFD
SFD
Q1 26
$249.0M
Q4 25
$559.0M
$327.0M
Q3 25
$421.0M
$248.0M
Q2 25
$523.0M
$188.0M
Q1 25
$494.0M
$224.0M
Q4 24
$639.0M
$205.0M
Q3 24
$397.0M
$291.0M
Q2 24
$531.0M
Gross Margin
MELI
MELI
SFD
SFD
Q1 26
13.4%
Q4 25
61.7%
14.2%
Q3 25
61.7%
12.8%
Q2 25
64.4%
13.2%
Q1 25
66.1%
13.5%
Q4 24
62.8%
13.5%
Q3 24
62.6%
14.3%
Q2 24
62.8%
Operating Margin
MELI
MELI
SFD
SFD
Q1 26
8.8%
Q4 25
14.5%
9.5%
Q3 25
13.9%
8.3%
Q2 25
17.2%
6.9%
Q1 25
18.2%
8.5%
Q4 24
18.7%
8.5%
Q3 24
14.3%
8.5%
Q2 24
19.3%
Net Margin
MELI
MELI
SFD
SFD
Q1 26
6.6%
Q4 25
9.1%
7.7%
Q3 25
8.1%
6.6%
Q2 25
10.9%
5.0%
Q1 25
11.8%
5.9%
Q4 24
14.6%
5.2%
Q3 24
10.2%
8.7%
Q2 24
14.1%
EPS (diluted)
MELI
MELI
SFD
SFD
Q1 26
Q4 25
$11.03
$0.83
Q3 25
$8.32
$0.63
Q2 25
$10.31
$0.48
Q1 25
$9.74
$0.57
Q4 24
$12.60
$0.54
Q3 24
$7.83
$0.77
Q2 24
$10.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MELI
MELI
SFD
SFD
Cash + ST InvestmentsLiquidity on hand
$6.3B
$1.4B
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$6.7B
$6.9B
Total Assets
$42.7B
$12.0B
Debt / EquityLower = less leverage
0.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MELI
MELI
SFD
SFD
Q1 26
$1.4B
Q4 25
$6.3B
Q3 25
$6.3B
Q2 25
$7.6B
Q1 25
$8.1B
Q4 24
$7.1B
Q3 24
$6.7B
Q2 24
$6.9B
Total Debt
MELI
MELI
SFD
SFD
Q1 26
Q4 25
$4.6B
$2.0B
Q3 25
$3.4B
$2.0B
Q2 25
$3.5B
$2.0B
Q1 25
$2.9B
$2.0B
Q4 24
$2.9B
$2.0B
Q3 24
$3.1B
Q2 24
$2.4B
Stockholders' Equity
MELI
MELI
SFD
SFD
Q1 26
$6.9B
Q4 25
$6.7B
$6.8B
Q3 25
$6.2B
$6.5B
Q2 25
$5.7B
$6.3B
Q1 25
$5.0B
$6.2B
Q4 24
$4.4B
$5.8B
Q3 24
$4.0B
Q2 24
$3.7B
Total Assets
MELI
MELI
SFD
SFD
Q1 26
$12.0B
Q4 25
$42.7B
$12.2B
Q3 25
$36.7B
$11.5B
Q2 25
$32.9B
$11.2B
Q1 25
$27.7B
$11.1B
Q4 24
$25.2B
$11.1B
Q3 24
$22.6B
Q2 24
$20.0B
Debt / Equity
MELI
MELI
SFD
SFD
Q1 26
Q4 25
0.68×
0.29×
Q3 25
0.55×
0.31×
Q2 25
0.61×
0.32×
Q1 25
0.57×
0.32×
Q4 24
0.66×
0.34×
Q3 24
0.78×
Q2 24
0.67×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MELI
MELI
SFD
SFD
Operating Cash FlowLast quarter
$5.2B
Free Cash FlowOCF − Capex
$4.8B
FCF MarginFCF / Revenue
77.9%
Capex IntensityCapex / Revenue
7.0%
2.3%
Cash ConversionOCF / Net Profit
9.32×
TTM Free Cash FlowTrailing 4 quarters
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MELI
MELI
SFD
SFD
Q1 26
Q4 25
$5.2B
$938.0M
Q3 25
$3.0B
$13.0M
Q2 25
$2.9B
$274.0M
Q1 25
$1.0B
$-166.0M
Q4 24
$2.9B
Q3 24
$1.6B
Q2 24
$1.9B
Free Cash Flow
MELI
MELI
SFD
SFD
Q1 26
Q4 25
$4.8B
$842.0M
Q3 25
$2.6B
$-75.0M
Q2 25
$2.6B
$196.0M
Q1 25
$759.0M
$-245.0M
Q4 24
$2.6B
Q3 24
$1.4B
Q2 24
$1.7B
FCF Margin
MELI
MELI
SFD
SFD
Q1 26
Q4 25
77.9%
19.9%
Q3 25
50.0%
-2.0%
Q2 25
54.8%
5.2%
Q1 25
18.1%
-6.5%
Q4 24
59.8%
Q3 24
35.4%
Q2 24
45.1%
Capex Intensity
MELI
MELI
SFD
SFD
Q1 26
2.3%
Q4 25
7.0%
2.3%
Q3 25
6.9%
2.3%
Q2 25
6.0%
2.1%
Q1 25
6.5%
2.1%
Q4 24
7.0%
2.1%
Q3 24
5.7%
2.8%
Q2 24
4.9%
Cash Conversion
MELI
MELI
SFD
SFD
Q1 26
Q4 25
9.32×
2.87×
Q3 25
7.03×
0.05×
Q2 25
5.58×
1.46×
Q1 25
2.09×
-0.74×
Q4 24
4.58×
Q3 24
4.03×
Q2 24
3.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MELI
MELI

Commerce$2.8B45%
Argentina Segment$1.6B26%
Products$1.2B20%
Other Countries Segment$414.0M7%

SFD
SFD

Segment breakdown not available.

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