Meta Platforms Inc. (META)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 69,379,000 | 62,399,000 | 58,797,000 | 53,342,000 | 46,751,000 | 36,766,000 | 28,682,000 | 27,648,000 | 28,945,000 | 35,131,000 | 39,890,000 | 43,899,000 | 46,753,000 | 46,943,000 | 44,560,000 | 38,156,000 | 32,671,000 | 28,754,000 | 27,899,000 | 26,562,000 |
| Total assets | US$ in thousands | 276,054,000 | 256,408,000 | 230,238,000 | 222,844,000 | 229,623,000 | 216,274,000 | 206,688,000 | 184,491,000 | 185,727,000 | 178,894,000 | 169,779,000 | 164,218,000 | 165,987,000 | 169,585,000 | 170,609,000 | 163,523,000 | 159,316,000 | 146,437,000 | 139,691,000 | 138,371,000 |
| Operating ROA | 25.13% | 24.34% | 25.54% | 23.94% | 20.36% | 17.00% | 13.88% | 14.99% | 15.58% | 19.64% | 23.50% | 26.73% | 28.17% | 27.68% | 26.12% | 23.33% | 20.51% | 19.64% | 19.97% | 19.20% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $69,379,000K ÷ $276,054,000K
= 25.13%
Operating return on assets (Operating ROA) for Meta Platforms Inc. experienced fluctuations over the analyzed period. The metric started at 19.20% as of March 31, 2020, showing a slight increase to 19.97% by June 30, 2020. Subsequently, it hovered around the 19-20% range until December 31, 2020. From March 31, 2021, the Operating ROA registered a notable improvement, reaching 23.33%, and continued an upward trend to peak at 28.17% by December 31, 2021.
However, a reversal in trend was observed from March 31, 2022, with the Operating ROA declining to 14.99% by March 31, 2023. The metric continued to decrease and hit its lowest point at 13.88% by June 30, 2023. A recovery was seen in the subsequent period, with the Operating ROA gradually climbing back up and reaching 25.13% by December 31, 2024.
The fluctuations in Operating ROA indicate varying efficiency in generating operating profits from the company's assets over time, which can be influenced by changes in operating performance, asset utilization, or a combination of both factors. Analysis of the underlying reasons for the fluctuations in Operating ROA could provide further insights into Meta Platforms Inc.'s operating efficiency and profitability dynamics.
Peer comparison
Dec 31, 2024