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. key metrics & ratios

Annual · USD millions except per-share data · 36 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Growth (year over year)
Revenue growth	22.2%	21.9%	15.7%	-1.1%	—	—
Operating income growth	20.0%	48.4%	61.5%	-38.1%	—	—
Net income growth	-3.1%	59.5%	68.5%	-41.1%	—	—
EPS (diluted) growth	-1.6%	60.5%	73.1%	-37.6%	—	—
Free cash flow growth	-14.7%	23.3%	130.2%	-51.3%	—	—
Margins
Gross margin	82.0%	81.7%	80.8%	78.3%	80.8%	—
Operating margin	41.4%	42.2%	34.7%	24.8%	39.6%	—
EBITDA margin	52.0%	52.8%	43.8%	32.3%	46.9%	—
Net margin	30.1%	37.9%	29.0%	19.9%	33.4%	—
FCF margin	22.9%	32.9%	32.5%	16.3%	33.2%	—
Returns on capital
Return on equity	27.8%	34.1%	25.5%	18.5%	31.5%	—
Return on assets	16.5%	22.6%	17.0%	12.5%	23.7%	—
Return on invested capital	22.1%	32.6%	25.9%	16.9%	31.9%	—
Leverage & liquidity
Debt / equity	0.39x	0.27x	0.24x	0.21x	0.11x	—
Net debt / EBITDA	0.46x	0.06x	-0.08x	0.32x	-0.05x	—
Current ratio	2.60x	2.98x	2.67x	2.20x	3.15x	—
Interest coverage	—	97.03x	104.82x	156.45x	2032.74x	—
Profitability & operating
EBIT	85,932	71,378	47,874	29,004	47,307	+16.1%
EBITDA	104,548	86,876	59,052	37,690	55,274	+17.3%
Operating income	83,276	69,380	46,751	28,944	46,753	+15.5%
Income before tax	85,932	70,663	47,428	28,819	47,284	+16.1%
Net income	60,458	62,360	39,098	23,200	39,370	+11.3%
Earnings per share
EPS (basic)	$23.98	$24.61	$15.19	$8.63	$13.99	+14.4%
EPS (diluted)	$23.49	$23.86	$14.87	$8.59	$13.77	+14.3%
Share count (millions)
Weighted avg shares outstanding	2,521	2,534	2,574	2,687	2,815	-2.7%
Weighted avg shares outstanding (diluted)	2,574	2,614	2,629	2,702	2,859	-2.6%
Balance sheet highlights
Net debt	48,024	5,171	(4,628)	11,910	(2,728)	—
Total debt	83,897	49,060	37,234	26,591	13,873	+56.8%
Total investments	73,243	39,996	29,682	32,258	38,172	+17.7%
Total stockholders' equity	217,243	182,637	153,168	125,713	124,879	+14.8%
Total assets	366,021	276,054	229,623	185,727	165,987	+21.9%
Cash flow highlights
Free cash flow	46,109	54,072	43,847	19,044	39,116	+4.2%
Operating cash flow	115,800	91,328	71,113	50,475	57,683	+19.0%
Capital expenditure	(69,691)	(37,256)	(27,266)	(31,431)	(18,567)	—
Net cash from operating activities	115,800	91,328	71,113	50,475	57,683	+19.0%
Additional fields
Accrued Expenses	30,729	8,105	8,805	7,716	4,646	+60.4%

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. key metrics & ratios

Annual · USD millions except per-share data · 36 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Growth (year over year)
Revenue growth	22.2%	21.9%	15.7%	-1.1%	—	—
Operating income growth	20.0%	48.4%	61.5%	-38.1%	—	—
Net income growth	-3.1%	59.5%	68.5%	-41.1%	—	—
EPS (diluted) growth	-1.6%	60.5%	73.1%	-37.6%	—	—
Free cash flow growth	-14.7%	23.3%	130.2%	-51.3%	—	—
Margins
Gross margin	82.0%	81.7%	80.8%	78.3%	80.8%	—
Operating margin	41.4%	42.2%	34.7%	24.8%	39.6%	—
EBITDA margin	52.0%	52.8%	43.8%	32.3%	46.9%	—
Net margin	30.1%	37.9%	29.0%	19.9%	33.4%	—
FCF margin	22.9%	32.9%	32.5%	16.3%	33.2%	—
Returns on capital
Return on equity	27.8%	34.1%	25.5%	18.5%	31.5%	—
Return on assets	16.5%	22.6%	17.0%	12.5%	23.7%	—
Return on invested capital	22.1%	32.6%	25.9%	16.9%	31.9%	—
Leverage & liquidity
Debt / equity	0.39x	0.27x	0.24x	0.21x	0.11x	—
Net debt / EBITDA	0.46x	0.06x	-0.08x	0.32x	-0.05x	—
Current ratio	2.60x	2.98x	2.67x	2.20x	3.15x	—
Interest coverage	—	97.03x	104.82x	156.45x	2032.74x	—
Profitability & operating
EBIT	85,932	71,378	47,874	29,004	47,307	+16.1%
EBITDA	104,548	86,876	59,052	37,690	55,274	+17.3%
Operating income	83,276	69,380	46,751	28,944	46,753	+15.5%
Income before tax	85,932	70,663	47,428	28,819	47,284	+16.1%
Net income	60,458	62,360	39,098	23,200	39,370	+11.3%
Earnings per share
EPS (basic)	$23.98	$24.61	$15.19	$8.63	$13.99	+14.4%
EPS (diluted)	$23.49	$23.86	$14.87	$8.59	$13.77	+14.3%
Share count (millions)
Weighted avg shares outstanding	2,521	2,534	2,574	2,687	2,815	-2.7%
Weighted avg shares outstanding (diluted)	2,574	2,614	2,629	2,702	2,859	-2.6%
Balance sheet highlights
Net debt	48,024	5,171	(4,628)	11,910	(2,728)	—
Total debt	83,897	49,060	37,234	26,591	13,873	+56.8%
Total investments	73,243	39,996	29,682	32,258	38,172	+17.7%
Total stockholders' equity	217,243	182,637	153,168	125,713	124,879	+14.8%
Total assets	366,021	276,054	229,623	185,727	165,987	+21.9%
Cash flow highlights
Free cash flow	46,109	54,072	43,847	19,044	39,116	+4.2%
Operating cash flow	115,800	91,328	71,113	50,475	57,683	+19.0%
Capital expenditure	(69,691)	(37,256)	(27,266)	(31,431)	(18,567)	—
Net cash from operating activities	115,800	91,328	71,113	50,475	57,683	+19.0%
Additional fields
Accrued Expenses	30,729	8,105	8,805	7,716	4,646	+60.4%