Meta Platforms Inc. (META)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 133,648,000 | 126,702,000 | 121,287,000 | 115,463,000 | 108,131,000 | 99,805,000 | 94,000,000 | 91,687,000 | 91,103,000 | 94,698,000 | 95,939,000 | 95,987,000 | 95,124,000 | 90,675,000 | 84,712,000 | 75,892,000 | 69,131,000 | 63,876,000 | 61,097,000 | 59,819,000 |
| Revenue (ttm) | US$ in thousands | 163,810,000 | 155,720,000 | 149,140,000 | 141,953,000 | 134,089,000 | 126,404,000 | 120,105,000 | 117,039,000 | 116,352,000 | 117,959,000 | 119,255,000 | 119,510,000 | 117,773,000 | 112,186,000 | 104,646,000 | 94,256,000 | 85,823,000 | 78,849,000 | 75,031,000 | 73,231,000 |
| Gross profit margin | 81.59% | 81.37% | 81.32% | 81.34% | 80.64% | 78.96% | 78.26% | 78.34% | 78.30% | 80.28% | 80.45% | 80.32% | 80.77% | 80.83% | 80.95% | 80.52% | 80.55% | 81.01% | 81.43% | 81.69% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $133,648,000K ÷ $163,810,000K
= 81.59%
Meta Platforms Inc.'s gross profit margin has shown fluctuations over the years based on the provided data. It started at a high of 81.69% in March 31, 2020, and gradually declined to 78.30% by December 31, 2022. However, there was a slight increase in the margin in the following quarters, reaching 80.64% by December 31, 2023.
Subsequently, the gross profit margin increased further to 81.34% in March 31, 2024, and remained relatively stable around the range of 81% in the following quarters, reaching 81.59% by December 31, 2024.
Despite the fluctuations observed, the general trend indicates that Meta Platforms Inc. has managed to maintain a relatively high gross profit margin over the years, showcasing the company's ability to efficiently manage its production costs and generate profits from its core business activities.
Peer comparison
Dec 31, 2024