Latin America's top growth stocks cluster around a handful of platforms, and MercadoLibre is still the anchor: an MGI of 69 at an $88B cap, with revenue compounding 35% a year and per-share growth to match. dLocal follows at 68, while Inter & Co posts the region's most striking per-share figure at 75% annual growth.
Only 17 companies made the list and the median MGI is 45, so depth is the honest caveat. The bottom of the top ten shows the failure mode: LATAM Airlines grew revenue 25% a year while revenue per share fell 66%, headline growth handed to new shares rather than compounded. The full citation-backed analysis behind each name is one click away.
20companies qualify
44median MGI
1joined this week
The ranking
Sorted by MGIShare
1
MercadoLibre, Inc.MELI🇺🇾
Revenue +38%/yr · +37%/yr per share · scale economics
G 73V 72O 84Cap $89.8B
MGI
73
MVI
72
MTI
38
MOI
84
Cap
$89.8B
Growth
+50%Rev CAGR +50%
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2
dLocalDLO🇺🇾
Revenue +41%/yr · +42%/yr per share · scale economics
G 68V 77O 79Cap $4.0B
MGI
68
MVI
77
MTI
48
MOI
79
Cap
$4.0B
Growth
+55%Rev CAGR +55%
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3
BBB Foods Inc.TBBB🇲🇽
Revenue +32%/yr · -17%/yr per share · scale economics
G 57V 41O 54Cap $5.8B
MGI
57
MVI
41
MTI
48
MOI
54
Cap
$5.8B
Growth
+33%Rev CAGR +33%
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4
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.OMAB🇲🇽
Revenue +13%/yr · +14%/yr per share · asset light
G 56V 51O 56Cap $5.0B
MGI
56
MVI
51
MTI
38
MOI
56
Cap
$5.0B
Growth
+3%Rev CAGR +3%
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5
Afya LimitedAFYA🇧🇷
Revenue +17%/yr · +18%/yr per share · asset light
G 56V 71O 64Cap $1.3B
MGI
56
MVI
71
MTI
48
MOI
64
Cap
$1.3B
Growth
+19%Rev CAGR +19%
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6
XP Inc.XP🇧🇷
Revenue +9%/yr · +11%/yr per share · asset light
G 55V 56O 56Cap $8.2B
MGI
55
MVI
56
MTI
56
MOI
56
Cap
$8.2B
Growth
+17%Rev CAGR +17%
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7
Grupo Aeroportuario del Sureste, S.A.B. de C.V.ASR🇲🇽
Revenue +15%/yr · +15%/yr per share · asset light
G 55V 32O 46Cap $7.9B
MGI
55
MVI
32
MTI
50
MOI
46
Cap
$7.9B
Growth
-2%Rev CAGR -2%
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8
Andean Precious Metals Corp.APM.MX🇲🇽
Revenue +26%/yr · +26%/yr per share · scale economics
G 53V 53O 54Cap $818.2M
MGI
53
MVI
53
MTI
57
MOI
54
Cap
$818.2M
Growth
+163%Rev CAGR +163%
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9
Hochschild Mining PLCHOC.PE🇵🇪
Revenue +14%/yr · +14%/yr per share · scale economics
G 47V 52O 47Cap $3.1B
MGI
47
MVI
52
MTI
63
MOI
47
Cap
$3.1B
Growth
+25%Rev CAGR +25%
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10
LATAM Airlines Group S.A.LTM🇨🇱
Revenue +27%/yr · -68%/yr per share · scale economics
G 45V 63O 51Cap $16.0B
MGI
45
MVI
63
MTI
50
MOI
51
Cap
$16.0B
Growth
+27%Rev CAGR +27%
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11
Vista Energy, S.A.B. de C.V.VIST🇲🇽
Revenue +40%/yr · +35%/yr per share · asset light
G 43V 56O 44Cap $7.1B
MGI
43
MVI
56
MTI
55
MOI
44
Cap
$7.1B
Growth
+102%Rev CAGR +102%
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12
CI&T IncCINT🇧🇷
Revenue +16%/yr · +15%/yr per share · scale economics
G 42V 68O 45Cap $448.3M
MGI
42
MVI
68
MTI
62
MOI
45
Cap
$448.3M
Growth
+23%Rev CAGR +23%
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13
Fresnillo plcFRES.MX🇲🇽
Revenue +17%/yr · +17%/yr per share · asset light
G 42V 42O 39Cap $28.3B
MGI
42
MVI
42
MTI
55
MOI
39
Cap
$28.3B
Growth
+31%Rev CAGR +31%
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14
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.PAC🇲🇽
Revenue +17%/yr · +17%/yr per share · asset light
G 41V 16O 29Cap $12.3B
MGI
41
MVI
16
MTI
52
MOI
29
Cap
$12.3B
Growth
+4%Rev CAGR +4%
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15
PagSeguro Digital Ltd.PAGS🇧🇷
Revenue +14%/yr · +17%/yr per share · asset light
G 40V 63O 42Cap $2.4B
MGI
40
MVI
63
MTI
62
MOI
42
Cap
$2.4B
Growth
+3%Rev CAGR +3%
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16
Tenaris S.A.TS🇦🇷
Revenue +13%/yr · +16%/yr per share · scale economics
G 37V 53O 39Cap $27.5B
MGI
37
MVI
53
MTI
52
MOI
39
Cap
$27.5B
Growth
-4%Rev CAGR -4%
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17
Companhia de Saneamento Básico do Estado de São Paulo - SABESPSBS🇧🇷
Revenue +16%/yr · +17%/yr per share · scale economics
G 36V 45O 34Cap $16.2B
MGI
36
MVI
45
MTI
28
MOI
34
Cap
$16.2B
Growth
+27%Rev CAGR +27%
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18
Compañía de Minas Buenaventura S.A.A.BVN🇵🇪
Revenue +20%/yr · +20%/yr per share · asset light
G 34V 44O 33Cap $8.0B
MGI
34
MVI
44
MTI
52
MOI
33
Cap
$8.0B
Growth
+103%Rev CAGR +103%
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19
Sociedad Química y Minera de Chile S.A.SQM🇨🇱
Revenue +13%/yr · +13%/yr per share · scale economics
G 31V 48O 31Cap $23.1B
MGI
31
MVI
48
MTI
55
MOI
31
Cap
$23.1B
Growth
+70%Rev CAGR +70%
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20
Arcos Dorados Holdings Inc.ARCO🇺🇾
Revenue +13%/yr · +13%/yr per share · scale economics
G 28V 54O 29Cap $1.7B
MGI
28
MVI
54
MTI
53
MOI
29
Cap
$1.7B
Growth
+13%Rev CAGR +13%
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-08-17.
