Meta Platforms Inc. (META)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 62,360,000 | 55,539,000 | 51,434,000 | 45,757,000 | 39,097,000 | 29,733,000 | 22,545,000 | 21,444,000 | 23,200,000 | 28,832,000 | 33,631,000 | 37,338,000 | 39,370,000 | 40,304,000 | 38,956,000 | 33,740,000 | 29,145,000 | 25,275,000 | 23,520,000 | 20,958,000 |
| 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 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $62,360,000K ÷ $276,054,000K
= 22.59%
Meta Platforms Inc.'s return on assets (ROA) has shown a generally increasing trend from March 31, 2020, to December 31, 2021, reaching a peak of 23.77% on September 30, 2021. This indicates the company's ability to generate profit relative to its total assets during this period.
However, starting from March 31, 2022, the ROA began to decline gradually. The ROA decreased to 16.12% on September 30, 2022, representing a significant drop from the peak.
The trend continued to decrease up to March 31, 2024, hitting a low of 10.91%. Nevertheless, there was a slight recovery in the following quarters, with the ROA reaching 22.59% by December 31, 2024.
The fluctuations in ROA can be influenced by changes in the company's profitability and asset management efficiency. It is essential for investors and stakeholders to monitor these changes closely to assess the company's performance and financial health over time.
Peer comparison
Dec 31, 2024