Meta Platforms, Inc.
METANASDAQ
$635.95
Last price · USD
- Market cap
- $1.64T
- P/E
- 27.1x
- EV / EBITDA
- 16.1x
- P/S
- 8.1x
- FCF yield
- 2.8%
- Div. yield
- 0.33%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Meta Platforms, Inc. cash flow statement
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | 60,458 | 62,360 | 39,098 | 23,200 | 39,370 | +11.3% | |
| Depreciation & amortization | 18,616 | 15,498 | 11,178 | 8,686 | 7,967 | +23.6% | |
| Deferred income tax | 18,738 | (4,738) | 131 | (3,286) | 609 | +135.5% | |
| Stock-based compensation | 20,427 | 16,690 | 14,027 | 11,992 | 9,164 | +22.2% | |
| Change in working capital | (885) | 1,048 | 3,836 | 5,683 | 700 | — | |
| Accounts receivables | (1,815) | (1,485) | (2,399) | 231 | (3,110) | — | |
| Accounts payables | (14) | 373 | 51 | 210 | 1,436 | — | |
| Other working capital | 944 | 2,160 | 6,184 | 5,242 | 2,374 | -20.6% | |
| Other non-cash items | (1,554) | 470 | 2,843 | 4,200 | (127) | — | |
| Net cash from operating activities | 115,800 | 91,328 | 71,113 | 50,475 | 57,683 | +19.0% | |
| Operating cash flow | 115,800 | 91,328 | 71,113 | 50,475 | 57,683 | +19.0% | |
| Investing activities | |||||||
| Investments in PP&E | (69,691) | (37,256) | (27,266) | (31,431) | (18,567) | — | |
| Capital expenditure | (69,691) | (37,256) | (27,266) | (31,431) | (18,567) | — | |
| Acquisitions, net | (4,231) | (270) | (629) | (1,312) | (898) | — | |
| Purchases of investments | (55,259) | (25,542) | (2,982) | (9,631) | (30,407) | — | |
| Sales / maturities of investments | 29,428 | 15,789 | 6,184 | 13,158 | 42,586 | -8.8% | |
| Other investing activities | (2,250) | 129 | 198 | 246 | (284) | — | |
| Net cash from investing activities | (102,003) | (47,150) | (24,495) | (28,970) | (7,570) | — | |
| Financing activities | |||||||
| Net debt issuance | 27,382 | 8,463 | 7,397 | 9,071 | (663) | — | |
| Short-term net debt issuance | 0 | 0 | 0 | 0 | 14 | — | |
| Long-term net debt issuance | 27,382 | 8,463 | 7,397 | 9,071 | (677) | — | |
| Net stock issuance | (26,248) | (30,125) | (26,786) | (31,551) | (44,537) | — | |
| Common stock repurchased | (26,248) | (30,125) | (19,774) | (27,956) | (44,537) | — | |
| Net common stock issuance | (26,248) | (30,125) | (19,774) | (27,956) | (44,537) | — | |
| Common dividends paid | (5,324) | (5,072) | 0 | 0 | 0 | — | |
| Net dividends paid | (5,324) | (5,072) | 0 | 0 | 0 | — | |
| Net preferred stock issuance | 0 | 0 | (7,012) | (3,595) | 0 | — | |
| Other financing activities | (16,180) | (14,047) | (111) | 344 | (5,528) | — | |
| Net cash from financing activities | (20,370) | (40,781) | (19,500) | (22,136) | (50,728) | — | |
| Cash summary | |||||||
| Effect of forex changes on cash | 235 | (786) | 113 | (638) | (474) | — | |
| Net change in cash | (6,338) | 2,611 | 27,231 | (1,269) | (1,089) | — | |
| Cash at beginning of period | 45,438 | 42,827 | 15,596 | 16,865 | 17,954 | +26.1% | |
| Cash at end of period | 39,100 | 45,438 | 42,827 | 15,596 | 16,865 | +23.4% | |
| Free cash flow | 46,109 | 54,072 | 43,847 | 19,044 | 39,116 | +4.2% | |
| Income taxes paid | 7,578 | 10,554 | 6,607 | 6,407 | 8,525 | -2.9% | |
| Interest paid | 0 | 486 | 448 | 0 | 0 | — | |