Meta Platforms Inc. (META)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 133,650,000 | 108,131,000 | 91,103,000 | 95,125,000 | 69,130,000 |
| Revenue | US$ in thousands | 163,811,000 | 134,090,000 | 116,352,000 | 117,774,000 | 85,822,000 |
| Gross profit margin | 81.59% | 80.64% | 78.30% | 80.77% | 80.55% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $133,650,000K ÷ $163,811,000K
= 81.59%
The gross profit margin of Meta Platforms Inc. has shown a consistent and strong performance over the past five years based on the provided data. In December 2020, the gross profit margin stood at 80.55%, and there has been a slight increase to 80.77% by December 2021. However, in December 2022, there was a slight decrease to 78.30%. Subsequently, the margin rebounded and increased to 80.64% in December 2023, and further improved to 81.59% by December 2024.
This trend indicates that Meta Platforms Inc. has been effectively managing its production costs and generating strong revenues from its core business activities. The company's ability to maintain consistently high gross profit margins demonstrates efficiency in its operations and pricing strategies. Overall, the company's gross profit margin performance reflects a healthy and stable financial position.
Peer comparison
Dec 31, 2024