Meta Platforms Inc. (META)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 69,379,000 | 62,399,000 | 58,797,000 | 53,342,000 | 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 | 32,671,000 | 28,754,000 | 27,899,000 | 26,562,000 |
| Long-term debt | US$ in thousands | 28,826,000 | 28,823,000 | 18,389,000 | 18,387,000 | 18,385,000 | 18,383,000 | 18,382,000 | 9,925,000 | 9,923,000 | 9,922,000 | — | — | 0 | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 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 | 128,290,000 | 117,731,000 | 110,447,000 | 105,304,000 |
| 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% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $69,379,000K ÷ ($28,826,000K + $182,637,000K)
= 32.81%
Meta Platforms Inc.'s return on total capital has shown fluctuations over the period analyzed. Starting at 25.22% on March 31, 2020, the return increased gradually, reaching its peak at 37.44% on December 31, 2021. Subsequently, there was a slight decline before a notable decrease to 18.82% on June 30, 2023. However, the return on total capital improved again, reaching 33.57% on June 30, 2024. Despite some volatility, the return on total capital generally indicated the company's ability to generate profits from both its equity and debt capital investments. Further analysis and comparison with industry peers can provide a deeper understanding of Meta Platforms Inc.'s financial performance.
Peer comparison
Dec 31, 2024