Meta Platforms Inc. (META)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 70,663,000 63,918,000 60,116,000 54,303,000 47,427,000 36,769,000 28,325,000 27,218,000 28,819,000 35,373,000 40,362,000 44,689,000 47,284,000 47,636,000 45,204,000 38,822,000 33,180,000 29,294,000 28,490,000 27,191,000
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
Pretax margin 43.14% 41.05% 40.31% 38.25% 35.37% 29.09% 23.58% 23.26% 24.77% 29.99% 33.85% 37.39% 40.15% 42.46% 43.20% 41.19% 38.66% 37.15% 37.97% 37.13%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $70,663,000K ÷ $163,810,000K
= 43.14%

The pretax margin of Meta Platforms Inc. has displayed varying trends over the analyzed period. It started at a high of 37.13% in March 2020, showing relatively stable levels until June 2021 when it began an upward trajectory, reaching a peak of 43.20% in June 2021. Subsequently, there was a gradual decline in pretax margin, hitting a low of 23.26% in March 2023.

However, from that point onwards, the pretax margin began to recover, with a notable improvement evident by December 2024, standing at 43.14%. Despite the fluctuations observed, Meta Platforms Inc. managed to maintain relatively healthy pretax margins overall. It is essential for stakeholders to monitor these fluctuations closely to understand the company's profitability performance and strategic decision-making.