Meta Platforms, Inc.

Technology
Computer Software: Programming, Data Processing
about.meta.com

Earnings Score
Moat Score
Safety Score
Final Score

Market Cap $1.58T
PE 28
Debt $29.00B
Cash $45.13B
EV $1.56T
FCF $52.25B

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$55.54B
EBIT	$63.92B
ROE	34%
ROA	25%
FCF	$52.25B
Equity	$164.53B
Growth Stability	80%
PE	28.4
PEG	2.2
PB	9.59
P/FCF	30.19
P/S	10.1
Price/Cash	0.03
Debt/Equity	0.18
Debt/FCF	0.56
Net Margins	36%
Gross Margins	81%
Op. Margins	41%
Earnings CAGR	24%
Sales Growth YoY	19%
Sales Growth QoQ	4%
Sales CAGR	27%
FCF CAGR	20%
Equity CAGR	16%
Earnings Stability	0.76
Earnings Growth YoY	35%
Earnings Growth QoQ	17%

Earnings CAGR 5Y	13%
Sales CAGR 5Y	17%
FCF CAGR 5Y	17%
Equity CAGR 5Y	8%
Earnings CAGR 3Y	11%
Sales CAGR 3Y	11%
FCF CAGR 3Y	19%
Equity CAGR 3Y	12%
Market Cap	$1.58T
Revenue	$156.23B
Assets	$256.41B
Total Debt	$29.00B
Cash	$45.13B
Shares Outstanding	2.53B
EV	1.56T
Earnings Score	93%
Moat Score	98%
Safety Score	95%
Final Score	95%
Working Capital	57.74B
Current Ratio	2.73
Gross Profit	$127.21B
Shares Growth 3y	-4%
Equity Growth QoQ	5%
Equity Growth YoY	15%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Meta is the world's largest online social network, with over 3.6 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Meta refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada and 25% from Europe. With gross margins above 80%, Meta operates at a 30%-plus margin.

SEC Filings

Direct access to Meta Platforms, Inc. (META) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Meta Platforms, Inc. compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Meta Platforms, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 24%

Stability 76%

loading chart...

Meta Platforms, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Meta Platforms, Inc..

Years

Calculation mode

= $2.1T

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$52B	$63B	$75B	$91B	$109B	$131B	$157B	$189B	$227B	$273B	$328B	$3.3T
DCF		$57B	$62B	$68B	$74B	$81B	$89B	$97B	$106B	$116B	$127B	$1.3T
Value	$2.1T

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	23%	20%	37%	39%	40%	26%	34%	33%	20%	29%	36%
ROA	-	13%	19%	24%	26%	19%	21%	28%	16%	21%	25%
ROE	-	8%	17%	21%	26%	18%	23%	32%	18%	26%	34%

Good Net Margins (35.76%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	0.03	0	-	-	-	-	0	0.53	0.42	0.56
Debt over Equity	0	0	0	-	-	-	-	0	0.08	0.12	0.18
Growth Stability	-	-	-	100%	100%	100%	100%	100%	80%	100%	80%

Good Debt/FCF ratio (0.56)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.18)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (80%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	44%	54%	47%	37%	27%	22%	37%	-1%	16%	17%
Earnings YoY growth	-	25%	178%	56%	39%	-16%	58%	35%	-41%	69%	13%
Equity YoY growth	-	23%	34%	26%	13%	20%	27%	-3%	1%	22%	8%
FCF YoY growth	-	68%	91%	50%	-12%	38%	11%	66%	-51%	130%	17%