Meta Platforms Inc. (META)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 18,485,000 | 18,018,000 | 17,064,000 | 19,554,000 |
| Total stockholders’ equity | US$ in thousands | 153,168,000 | 142,873,000 | 134,033,000 | 124,795,000 | 125,713,000 | 124,094,000 | 125,767,000 | 123,228,000 | 124,879,000 | 133,360,000 | 138,227,000 | 133,657,000 | 128,290,000 | 117,731,000 | 110,447,000 | 105,304,000 | 101,054,000 | 93,999,000 | 88,762,000 | 86,516,000 |
| ROE | 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% | 18.29% | 19.17% | 19.22% | 22.60% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $39,097,000K ÷ $153,168,000K
= 25.53%
Meta Platforms Inc's return on equity (ROE) has exhibited fluctuations over the past eight quarters. In Q4 2023, the ROE stood at 25.53%, reflecting an increase from the previous quarter's 20.81%. This suggests an improvement in the company's ability to generate profit from shareholder equity.
However, compared to Q2 and Q3 2022 where the ROE was higher at 26.74% and 23.23% respectively, the Q4 2023 ROE remains below these levels. This indicates a potential decline in the efficiency of the company in utilizing shareholder equity to generate profits compared to previous periods.
Overall, the ROE trend indicates some level of volatility, with fluctuations in performance over the quarters. Further analysis of the company's financial statements and operations may be needed to fully understand the factors driving these fluctuations.
Peer comparison
Dec 31, 2023