Meta Platforms Inc. (META)

Profitability ratios

Return on sales

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 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%
Operating profit margin 42.35% 40.07% 39.42% 37.58% 34.87% 29.09% 23.88% 23.62% 24.88% 29.78% 33.45% 36.73% 39.70% 41.84% 42.58% 40.48% 38.07% 36.47% 37.18% 36.27%
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%
Net profit margin 38.07% 35.67% 34.49% 32.23% 29.16% 23.52% 18.77% 18.32% 19.94% 24.44% 28.20% 31.24% 33.43% 35.93% 37.23% 35.80% 33.96% 32.05% 31.35% 28.62%

Meta Platforms Inc.'s profitability ratios show a fluctuating trend over the years.

- The Gross Profit Margin has shown a gradual decline from 81.69% in March 2020 to 78.30% in December 2022, before recovering to 80.64% in December 2023 and reaching 81.59% in December 2024.

- The Operating Profit Margin experienced an initial increase from 36.27% in March 2020 to 43.20% in June 2021, declined significantly to 24.88% in December 2022, and then steadily rose to 42.35% by December 2024.

- The Pretax Margin also followed a similar pattern, starting at 37.13% in March 2020, peaking at 43.20% in June 2021, dropping to 24.77% in December 2022, and finally recovering to 43.14% by December 2024.

- The Net Profit Margin displayed a relatively consistent decline from 28.62% in March 2020 to a low of 18.32% in March 2023, before gradually increasing to 38.07% by December 2024.

Overall, while there have been fluctuations in the profitability margins of Meta Platforms Inc., there is a general trend of recovery and improvement in profitability ratios towards the end of the period.


Return on investment

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 return on assets (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%
Return on assets (ROA) 22.59% 21.66% 22.34% 20.53% 17.03% 13.75% 10.91% 11.62% 12.49% 16.12% 19.81% 22.74% 23.72% 23.77% 22.83% 20.63% 18.29% 17.26% 16.84% 15.15%
Return on total capital 32.81% 32.27% 33.57% 31.77% 27.25% 22.80% 18.82% 20.52% 21.34% 26.21% 31.72% 35.62% 37.44% 35.20% 32.24% 28.55% 25.47% 24.42% 25.26% 25.22%
Return on equity (ROE) 34.14% 33.76% 32.81% 30.60% 25.53% 20.81% 16.82% 17.18% 18.45% 23.23% 26.74% 30.30% 31.53% 30.22% 28.18% 25.24% 22.72% 21.47% 21.30% 19.90%

Meta Platforms Inc.'s profitability ratios exhibit fluctuating trends over the period indicated in the data. The Operating Return on Assets (Operating ROA) was strong in the initial periods, demonstrating stability around the 20% mark, before experiencing a peak in December 2021 and a subsequent decline. The ratio saw a slight recovery towards the end of the period but remained below the high levels observed earlier.

The Return on Assets (ROA) followed a similar pattern to the Operating ROA, with a consistent performance in the first half of the period, reaching a peak in December 2021, before decreasing in the latter half of the period. The ratio ended the period slightly higher than the Operating ROA but displayed a similar downward trend.

The Return on Total Capital exhibited a more pronounced fluctuation compared to the ROA ratios. The ratio experienced a steady rise until December 2021, reaching its peak, followed by a sharp decline in the subsequent periods. However, it showed signs of recovery towards the end of the period, although it did not reach the high levels seen earlier.

The Return on Equity (ROE) ratio displayed a consistent increase in the initial period, reaching its peak in December 2021. Similar to the other ratios, it experienced a decline in the latter half of the period, albeit at a slower pace compared to the ROA ratios. The ROE ratio remained relatively higher compared to the other ratios throughout the period, showcasing Meta Platforms Inc.'s ability to generate returns for its equity holders.

Overall, Meta Platforms Inc.'s profitability ratios indicate a mix of stable performance and fluctuations, with certain periods showing strong profitability metrics followed by temporary declines. These fluctuations suggest potential variability in the company's ability to generate profits and returns for its stakeholders in the future.


See also:

Meta Platforms Inc. Profitability Ratios (Quarterly Data)