• MercadoLibre average operating margin for 2024 was 12.88%, a 8.33% decline from 2023.
• MercadoLibre average operating margin for 2023 was 14.05%, a 87.83% decline from 2022.
• MercadoLibre average operating margin for 2022 was 7.48%, a 27.43% increase from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.