MELI vs CMI

Comparison between MercadoLibre Inc (MELI, Company) and Cummins Inc (CMI, Company).

MELI is from the Consumer Cyclical sector, while CMI is from the Industrials sector.

5-Year PerformanceCMI has outperformed MELI, delivering a return of +25.4% compared to +3.3%

MELI vs CMI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MELI(COMPANY)	CMI(COMPANY)
Market Cap	$93B	$92B
Max Drawdown	89.49%	75.93%
Sharpe Ratio	-0.60	1.89
5Y Beta	0.87	1.27
Industry	Internet Retail	Specialty Industrial Machinery
P/E Ratio	48.67	30.43
Forward P/E	35.21	22.42
PEG Ratio	1.15	1.60
Dividend Yield	N/A	1.21%
5Y Dividends CAGR	7.77%	12.87%
5Y EPS CAGR	N/A	6.04%
Debt to Equity	136.34%	1.27%
Free Cash Flow Yield	14.08%	2.90%
P/S Ratio	2.99	2.75
P/B Ratio	13.00	7.42

Market Cap

Winner

MELI

$93B

CMI

$92B

Max Drawdown

MELI

89.49%

Winner

CMI

75.93%

Sharpe Ratio

MELI

-0.60

Winner

CMI

1.89

5Y Beta

Winner

MELI

0.87

CMI

1.27

Industry

MELI

Internet Retail

CMI

Specialty Industrial Machinery

P/E Ratio

MELI

48.67

Winner

CMI

30.43

Forward P/E

MELI

35.21

Winner

CMI

22.42

PEG Ratio

Winner

MELI

1.15

CMI

1.60

Dividend Yield

MELI

N/A

CMI

1.21%

5Y Dividends CAGR

MELI

7.77%

Winner

CMI

12.87%

5Y EPS CAGR

MELI

N/A

CMI

6.04%

Debt to Equity

MELI

136.34%

Winner

CMI

1.27%

Free Cash Flow Yield

Winner

MELI

14.08%

CMI

2.90%

P/S Ratio

MELI

2.99

Winner

CMI

2.75

P/B Ratio

MELI

13.00

Winner

CMI

7.42

MELI vs CMI - Historical Returns

Returns include dividend reinvestment.

Period	MELI	CMI
1 month	+14.67%	-8.92%
3 months	-1.70%	+3.65%
6 months	-11.43%	+14.18%
1 year	-23.39%	+94.62%
5 years(CAGR)	+3.29%	+25.40%
10 years(CAGR)	+28.14%	+21.86%
Max(CAGR)	+24.75%	+18.72%

Winner

MELI

+14.67%

CMI

-8.92%

MELI

-1.70%

Winner

CMI

+3.65%

MELI

-11.43%

Winner

CMI

+14.18%

MELI

-23.39%

Winner

CMI

+94.62%

5Y(CAGR)

MELI

+3.29%

Winner

CMI

+25.40%

10Y(CAGR)

Winner

MELI

+28.14%

CMI

+21.86%

Max(CAGR)

Winner

MELI

+24.75%

CMI

+18.72%

MELI vs CMI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MELI	CMI
2026	-7.65%	+27.30%
2025	+14.12%	+49.77%
2024	+11.20%	+47.90%
2023	+90.23%	+2.24%
2022	-36.51%	+13.37%
2021	-17.78%	+0.88%
2020	+174.54%	+30.26%
2019	+91.92%	+38.35%
2018	-9.22%	-22.27%
2017	+95.87%	+29.79%
2016	+42.60%	+57.21%
2015	-8.82%	-38.15%
2014	+24.25%	+6.08%
2013	+31.69%	+26.66%
2012	-3.46%	+21.06%
2011	+13.96%	-20.14%
2010	+31.74%	+137.11%
2009	+195.05%	+60.12%
2008	-76.59%	-56.05%
2007	+159.23%	+117.98%
2006	N/A	+31.56%
2005	N/A	+10.76%
2004	N/A	+75.22%
2003	N/A	+74.78%
2002	N/A	-25.25%
2001	N/A	+5.32%
2000	N/A	-16.94%
1999	N/A	-3.05%

MELI vs CMI Drawdown Comparison

The maximum drawdown for MELI was -89.49%, occurring on Nov 20, 2008. Recovery took 819 trading sessions.

The maximum drawdown for CMI was -75.65%, occurring on Nov 20, 2008. Recovery took 469 trading sessions.

The current MELI drawdown is -30.26%. The current CMI drawdown is -9.25%.

Rank	MELI	CMI
#1	-89.49% Dec 28, 2007 - Mar 30, 2011	-75.65% Jun 16, 2008 - Apr 27, 2010
#2	-69.12% Jan 20, 2021 - Aug 15, 2024	-60.07% Apr 10, 2002 - Aug 12, 2003
#3	-46.15% May 2, 2011 - Dec 6, 2011	-45.90% Jun 10, 2014 - Feb 9, 2017
#4	-43.49% May 4, 2015 - Jul 20, 2016	-45.05% Nov 2, 1999 - Mar 19, 2002
#5	-43.45% Oct 21, 2013 - Apr 29, 2015	-44.05% Nov 11, 2019 - Jun 8, 2020
#6	-40.82% Jun 30, 2025 - May 15, 2026	-39.06% Oct 15, 2007 - May 13, 2008
#7	-39.77% Feb 19, 2020 - May 6, 2020	-34.48% Mar 19, 2012 - Aug 12, 2013
#8	-37.79% Mar 9, 2018 - Feb 27, 2019	-33.03% Apr 29, 2011 - Feb 3, 2012
#9	-36.07% Feb 27, 2012 - May 3, 2013	-32.87% Jan 26, 2018 - Nov 8, 2019
#10	-30.02% Aug 9, 2019 - Jan 13, 2020	-30.48% Mar 15, 2021 - Jul 31, 2023
#11	-25.39% May 16, 2017 - Dec 13, 2017	-30.47% Feb 19, 2025 - Aug 7, 2025
#12	-23.29% Oct 30, 2007 - Nov 15, 2007	-24.05% Dec 28, 2004 - Jul 22, 2005
#13	-22.15% Sep 12, 2024 - Feb 21, 2025	-18.18% Aug 1, 2023 - Feb 15, 2024
#14	-20.83% Sep 22, 2016 - Feb 6, 2017	-17.06% Apr 19, 2004 - Jul 26, 2004
#15	-20.59% Feb 21, 2025 - Apr 29, 2025	-16.89% Oct 16, 2006 - Feb 2, 2007

Correlation

Correlation between MELI and CMI is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (1999 - 2026)

MELI vs CMI dividend yield comparison.

Year	MELI	CMI
2026	0.00%	0.61%
2025	0.00%	1.50%
2024	0.00%	2.01%
2023	0.00%	2.71%
2022	0.00%	2.49%
2021	0.00%	2.57%
2020	0.00%	2.33%
2019	0.00%	2.74%
2018	0.00%	3.32%
2017	0.19%	2.38%
2016	0.38%	2.93%
2015	0.36%	3.99%
2014	0.52%	1.95%
2013	0.53%	1.60%
2012	0.56%	1.66%
2011	0.40%	1.51%
2010	0.00%	0.80%
2009	0.00%	1.53%
2008	0.00%	2.24%
2007	0.00%	0.68%
2006	0.00%	1.12%
2005	0.00%	1.34%
2004	0.00%	1.43%
2003	0.00%	2.45%
2002	0.00%	4.27%
2001	0.00%	3.11%
2000	0.00%	3.16%
1999	0.00%	0.62%