Corpay (CPAY) vs MercadoLibre (MELI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Corpay (CPAY) has outperformed MercadoLibre (MELI) over the past year, gaining 37.6% versus a loss of 14.8%. Over five years, CPAY leads with a +47.7% price change compared with +18.8% for MELI. MercadoLibre is the larger company by market cap ($94.13 billion vs $26.40 billion), about 3.6 times the size.
On valuation, Corpay trades at a lower forward P/E (12.8x vs 33.1x for MercadoLibre). Corpay converts more of its revenue into profit, with a net margin of 23.6% versus 6.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CPAY | MELI |
|---|---|---|
| Share price | $402.08 | $1,856.66 |
| Market cap | $26.40B | $94.13B |
| 1-day change | -0.09% | -0.86% |
| YTD return | +33.61% | -7.82% |
| 1-year return | +37.57% | -14.83% |
| 5-year return | +47.68% | +18.78% |
| P/E ratio (TTM) | 24.44 | 50.49 |
| Forward P/E | 12.76 | 33.06 |
| EPS (TTM) | $16.45 | $36.77 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $4.53B | $28.89B |
| Revenue growth (YoY) | +13.93% | +39.06% |
| Net income (latest FY) | $1.07B | $2.00B |
| Gross margin | — | 44.50% |
| Operating margin | 44.04% | 11.08% |
| Net margin | 23.62% | 6.91% |
| 52-week high | $427.46 | $2,428.00 |
| 52-week low | $252.84 | $1,495.00 |
| Distance from 52-week high | -5.94% | -23.53% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +14.65% | +22.57% |
| Average volume | 497.90K | 508.97K |
| Shares outstanding | 65.66M | 50.70M |
| Employees | 11,800 | 123,670 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Business Services | Business Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MercadoLibre is about 3.6 times larger than Corpay by market value ($94.13B vs $26.40B).
- CPAY has outperformed MELI by 52.4 percentage points over the past year.
- MercadoLibre trades at a higher earnings multiple (50.5x vs 24.4x trailing P/E).
- Corpay is more profitable, keeping 23.6 cents of every revenue dollar as net income versus 6.9 cents for MercadoLibre.
- MercadoLibre grew revenue faster in its latest fiscal year (+39.06% vs +13.93%).
About Corpay
CPAY stock →Corpay, Inc. operates as a payments company that helps businesses and consumers to manage and pay their expenses.
Consumer Discretionary · Business Services · 11,800 employees
About MercadoLibre
MELI stock →MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally.
Consumer Discretionary · Business Services · 123,670 employees
CPAY vs MELI FAQ
Which is bigger, Corpay or MercadoLibre?
MercadoLibre (MELI) is larger, with a market capitalization of $94.13B compared with $26.40B for Corpay (CPAY).
Which stock has performed better over the past year, CPAY or MELI?
CPAY returned +37.57% over the past 12 months, compared with -14.83% for MELI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CPAY or MELI?
CPAY has the lower trailing P/E at 24.4, versus 50.5 for MELI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Corpay and MercadoLibre in the same industry?
Yes. Both are classified in the Business Services industry within the Consumer Discretionary sector.