Meta Platforms Inc. (META)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 69,380,000 | 46,751,000 | 28,944,000 | 46,753,000 | 32,671,000 |
Revenue | US$ in thousands | 163,811,000 | 134,090,000 | 116,352,000 | 117,774,000 | 85,822,000 |
Operating profit margin | 42.35% | 34.87% | 24.88% | 39.70% | 38.07% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $69,380,000K ÷ $163,811,000K
= 42.35%
The operating profit margin of Meta Platforms Inc. has shown fluctuations over the past five years. In December 2020, the operating profit margin was 38.07%, which increased to 39.70% by December 2021, reflecting an improvement in profitability. However, in December 2022, the operating profit margin declined to 24.88%, indicating a decrease in profitability possibly due to increased operating expenses or declining revenues.
By December 2023, the operating profit margin had rebounded to 34.87%, showing a recovery in profitability. Finally, as of December 2024, the operating profit margin reached 42.35%, demonstrating a significant improvement in profitability compared to the previous years.
Overall, the trend in Meta Platforms Inc.'s operating profit margin indicates fluctuations in profitability over the five-year period, with varying levels of performance. It is essential for stakeholders to monitor the company's operational efficiency and cost management strategies to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024