Mercadolibre Inc vs Progressive Corp — how do they compare? Mercadolibre Inc trades at $1,924.05 (market cap $98.35B), while Progressive Corp trades at $211.9 (market cap $123.45B). The key difference: Progressive Corp is the larger of the two by market cap, and Progressive Corp pays a 6.55% dividend while Mercadolibre Inc pays none. Which is the better fit depends on your goals.
| MELI | PGR | |
|---|---|---|
Market Cap | $98.35B | $123.45B |
Sector | Consumer Cyclical | Financials |
52-Week High | $2.51K | $252.68 |
52-Week Low | $1.55K | $190.40 |
Enterprise Value | $106.00B | $131.66B |
Dividend Yield | — | 6.55% |
Trailing returns across standard periods
Latest headlines on both assets
MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 140 million active users and 1 million active sellers as of the end of 2021 across an 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.
Read more on MELI →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →