Meta Platforms Inc. (META)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 87,348,000 | 85,090,000 | 81,230,000 | 75,689,000 | 71,377,000 | 63,958,000 | 59,676,000 | 53,834,000 | 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 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 217,243,000 | 194,066,000 | 195,070,000 | 185,029,000 | 182,637,000 | 164,529,000 | 156,763,000 | 149,529,000 | 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 |
| Return on total capital | 40.21% | 43.85% | 41.64% | 40.91% | 39.08% | 38.87% | 38.07% | 36.00% | 30.52% | 25.73% | 21.40% | 22.15% | 23.02% | 28.31% | 31.72% | 35.62% | 37.44% | 35.20% | 32.24% | 28.55% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $87,348,000K ÷ ($—K + $217,243,000K)
= 40.21%