Meta Platforms, Inc. financial data

Symbol
META on Nasdaq
Industry
Services-Computer Programming, Data Processing, Etc.
Location
1 Meta Way, Menlo Park, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Facebook Inc (to 10/27/2021)
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 268 % +17.4%
Debt-to-equity 49.3 % +1.36%
Return On Equity 34.2 % +92.7%
Return On Assets 22.9 % +91.8%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 637B USD +68.5%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 2.53B shares -1.32%
Weighted Average Number of Shares Outstanding, Diluted 2.61B shares -0.08%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 150B USD +24.3%
Cost of Revenue 27.9B USD +6.7%
Research and Development Expense 40.3B USD +6.92%
Selling and Marketing Expense 11.4B USD -21.7%
General and Administrative Expense 11.5B USD -15.1%
Costs and Expenses 91B USD -0.93%
Operating Income (Loss) 58.8B USD +105%
Nonoperating Income (Expense) 1.32B USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 60.1B USD +112%
Income Tax Expense (Benefit) 8.68B USD +50.2%
Net Income (Loss) Attributable to Parent 51.4B USD +128%
Earnings Per Share, Basic 20.1 USD/shares +132%
Earnings Per Share, Diluted 19.6 USD/shares +128%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 32B USD +11.3%
Marketable Securities, Current 26B USD +5.57%
Accounts Receivable, after Allowance for Credit Loss, Current 14.5B USD +15.9%
Assets, Current 76.4B USD +9.88%
Operating Lease, Right-of-Use Asset 14.1B USD +8.51%
Intangible Assets, Net (Excluding Goodwill) 984M USD +15%
Goodwill 20.7B USD -0.02%
Other Assets, Noncurrent 9.93B USD +16.8%
Assets 230B USD +11.4%
Employee-related Liabilities, Current 4.13B USD -4.8%
Accrued Liabilities, Current 21.9B USD -11.1%
Contract with Customer, Liability, Current 637M USD +28.9%
Liabilities, Current 27B USD -9.75%
Accrued Income Taxes, Noncurrent 7.9B USD +20.2%
Operating Lease, Liability, Noncurrent 17.7B USD +7.57%
Other Liabilities, Noncurrent 2.5B USD -68.4%
Liabilities 73.5B USD +1.13%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.7B USD +13.2%
Retained Earnings (Accumulated Deficit) 81.2B USD +19.4%
Stockholders' Equity Attributable to Parent 157B USD +17%
Liabilities and Equity 230B USD +11.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 19.2B USD +37.5%
Net Cash Provided by (Used in) Financing Activities -19.8B USD -88%
Net Cash Provided by (Used in) Investing Activities -8.73B USD -29.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -9.54B USD -200%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 33B USD +10.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 121M USD -33.5%
Deferred Tax Assets, Valuation Allowance 2.88B USD +15.5%
Deferred Tax Assets, Gross 18.8B USD +15.2%
Operating Lease, Liability 18.8B USD +13.1%
Depreciation 12.9B USD +35.3%
Payments to Acquire Property, Plant, and Equipment 6.4B USD -6.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 51.8B USD +127%
Lessee, Operating Lease, Liability, to be Paid 24.5B USD +9.88%
Operating Lease, Liability, Current 1.92B USD +37.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.33B USD +14.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.22B USD +27.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -456M USD +26.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.8B USD +17.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.26B USD +27.8%
Deferred Tax Assets, Operating Loss Carryforwards 353M USD +50.9%
Unrecognized Tax Benefits 12.9B USD +17.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.23B USD +29.6%
Operating Lease, Payments 709M USD +48.3%
Additional Paid in Capital 78.3B USD +13.2%
Amortization of Intangible Assets 161M USD -13%
Depreciation, Depletion and Amortization 3.37B USD +33.7%
Deferred Tax Assets, Net of Valuation Allowance 15.9B USD +15.2%
Share-based Payment Arrangement, Expense 15.1B USD +13.9%