Meta Platforms, Inc. financial data

Symbol
META on Nasdaq
Industry
Services-Computer Programming, Data Processing, Etc.
Location
1 Meta Way, Menlo Park, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Facebook Inc (to 10/27/2021)
Latest financial report
Q1 2024 - Apr 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 256 % +10.1%
Debt-to-equity 51 % +16.9%
Return On Equity 31.6 % +84.2%
Return On Assets 20.9 % +75.3%

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 2.55B shares -1.62%
Weighted Average Number of Shares Outstanding, Diluted 2.63B shares +1.12%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 143B USD +21.6%
Cost of Revenue 26.5B USD +4.49%
Research and Development Expense 39.1B USD +5.59%
Selling and Marketing Expense 11.8B USD -21.2%
General and Administrative Expense 12B USD -2.94%
Costs and Expenses 89.4B USD -0.37%
Operating Income (Loss) 53.3B USD +92.9%
Nonoperating Income (Expense) 962M USD +356%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 54.3B USD +99.5%
Income Tax Expense (Benefit) 8.55B USD +48%
Net Income (Loss) Attributable to Parent 45.8B USD +113%
Earnings Per Share, Basic 17.8 USD/shares +120%
Earnings Per Share, Diluted 17.4 USD/shares +115%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 32.3B USD +180%
Marketable Securities, Current 25.8B USD -0.29%
Accounts Receivable, after Allowance for Credit Loss, Current 13.4B USD +21.6%
Assets, Current 75.3B USD +43.5%
Operating Lease, Right-of-Use Asset 13.6B USD +5.09%
Intangible Assets, Net (Excluding Goodwill) 829M USD -12.6%
Goodwill 20.7B USD +0.02%
Other Assets, Noncurrent 8.18B USD +13.8%
Assets 223B USD +20.8%
Employee-related Liabilities, Current 3.33B USD -1.74%
Accrued Liabilities, Current 22.6B USD +17%
Contract with Customer, Liability, Current 599M USD +30.2%
Liabilities, Current 28.1B USD +10.7%
Accrued Income Taxes, Noncurrent 7.8B USD +12.2%
Operating Lease, Liability, Noncurrent 17.6B USD +8.65%
Other Liabilities, Noncurrent 1.46B USD -82.2%
Liabilities 73.3B USD +22.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.66B USD +10.9%
Retained Earnings (Accumulated Deficit) 76.8B USD +25.4%
Stockholders' Equity Attributable to Parent 150B USD +19.8%
Liabilities and Equity 223B USD +20.8%

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 33.3B USD +168%
Interest Paid, Excluding Capitalized Interest, Operating Activities 121M USD -33.5%
Deferred Tax Assets, Valuation Allowance 2.88B USD +15.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 18.8B USD +15.2%
Operating Lease, Liability 18.8B USD +13.1%
Depreciation 11.9B USD +34%
Payments to Acquire Property, Plant, and Equipment 6.4B USD -6.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 46.1B USD +125%
Lessee, Operating Lease, Liability, to be Paid 24.2B USD +9.75%
Operating Lease, Liability, Current 1.68B USD +13.3%
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%
Deferred Federal Income Tax Expense (Benefit) 67M USD
Current Income Tax Expense (Benefit) 8.2B USD -7.84%
Unrecognized Tax Benefits 12.1B USD +10.5%
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 75.4B USD +13.3%
Current State and Local Tax Expense (Benefit) 577M USD -34%
Current Federal Tax Expense (Benefit) 4.93B USD -19%
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 14.5B USD +15.9%
Deferred State and Local Income Tax Expense (Benefit) 123M USD
Interest Expense 446M USD +141%