Meta Platforms Past Earnings Performance
Past criteria checks 6/6
Meta Platforms has been growing earnings at an average annual rate of 9.4%, while the Interactive Media and Services industry saw earnings growing at 4% annually. Revenues have been growing at an average rate of 16.7% per year. Meta Platforms's return on equity is 25.5%, and it has net margins of 29%.
Key information
9.4%
Earnings growth rate
11.4%
EPS growth rate
Interactive Media and Services Industry Growth | 6.2% |
Revenue growth rate | 16.7% |
Return on equity | 25.5% |
Net Margin | 29.0% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
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Mar 22Is Meta Platforms (NASDAQ:META) A Risky Investment?
Mar 17Meta Platforms: The EU's AI Act Is A Major Longer-Term Threat
Mar 15Meta's Dividend: Maturity Or More Smart Discipline?
Feb 29Meta: Still A Buy After The 408% Parabolic Run?
Feb 20A Look At The Intrinsic Value Of Meta Platforms, Inc. (NASDAQ:META)
Feb 19Meta Platforms: The Rally May Have Ended (Hold Reiteration)
Feb 08Meta Soars On Massive Beat And Dividends
Feb 01Meta Platforms Q4 Earnings Preview: Underestimation Abounds For 2024
Jan 26Why You Should Care About Meta Platforms' (NASDAQ:META) Strong Returns On Capital
Jan 23Meta's Stock Is Still Dirt Cheap
Jan 11At US$358, Is It Time To Put Meta Platforms, Inc. (NASDAQ:META) On Your Watch List?
Dec 28Charting the Course: Unlocking Potential in Tech
Dec 15Charting the Course: Unlocking Potential in Tech
Dec 15Is Meta Platforms (NASDAQ:META) Using Too Much Debt?
Dec 10Is Meta Platforms, Inc. (NASDAQ:META) Trading At A 39% Discount?
Nov 13Capital Allocation Trends At Meta Platforms (NASDAQ:META) Aren't Ideal
Oct 17Is It Time To Consider Buying Meta Platforms, Inc. (NASDAQ:META)?
Sep 20Meta Platforms (NASDAQ:META) Has A Pretty Healthy Balance Sheet
Sep 05An Intrinsic Calculation For Meta Platforms, Inc. (NASDAQ:META) Suggests It's 28% Undervalued
Aug 07Be Wary Of Meta Platforms (NASDAQ:META) And Its Returns On Capital
Jul 10Revenue & Expenses BreakdownBeta
How Meta Platforms makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 134,902 | 39,098 | 22,204 | 36,489 |
30 Sep 23 | 126,956 | 29,734 | 23,269 | 34,762 |
30 Jun 23 | 120,525 | 22,546 | 25,696 | 34,849 |
31 Mar 23 | 117,346 | 21,444 | 25,488 | 34,489 |
31 Dec 22 | 116,609 | 23,200 | 25,681 | 33,619 |
30 Sep 22 | 118,115 | 28,832 | 27,111 | 32,613 |
30 Jun 22 | 119,410 | 33,630 | 26,446 | 29,759 |
31 Mar 22 | 119,666 | 37,338 | 25,079 | 27,165 |
31 Dec 21 | 117,929 | 39,370 | 23,872 | 24,655 |
30 Sep 21 | 112,330 | 40,304 | 21,060 | 22,816 |
30 Jun 21 | 104,790 | 38,957 | 19,033 | 21,263 |
31 Mar 21 | 94,399 | 33,741 | 18,250 | 19,629 |
31 Dec 20 | 85,965 | 29,146 | 18,155 | 18,447 |
30 Sep 20 | 78,975 | 25,276 | 18,130 | 17,118 |
30 Jun 20 | 75,157 | 23,521 | 17,421 | 15,902 |
31 Mar 20 | 73,357 | 20,958 | 16,627 | 14,755 |
31 Dec 19 | 70,697 | 18,485 | 15,341 | 13,600 |
30 Sep 19 | 66,529 | 18,018 | 13,929 | 12,577 |
30 Jun 19 | 62,604 | 17,064 | 13,037 | 11,687 |
31 Mar 19 | 58,949 | 19,553 | 12,029 | 10,895 |
31 Dec 18 | 55,838 | 22,111 | 11,297 | 10,273 |
30 Sep 18 | 51,896 | 19,497 | 9,914 | 9,367 |
30 Jun 18 | 48,497 | 19,063 | 8,748 | 8,762 |
31 Mar 18 | 44,587 | 17,848 | 7,882 | 8,158 |
31 Dec 17 | 40,653 | 15,920 | 7,242 | 7,754 |
30 Sep 17 | 36,490 | 15,212 | 6,814 | 7,368 |
30 Jun 17 | 33,173 | 13,129 | 6,473 | 6,858 |
31 Mar 17 | 30,288 | 11,515 | 6,024 | 6,410 |
31 Dec 16 | 27,638 | 10,188 | 5,503 | 5,919 |
30 Sep 16 | 24,670 | 8,182 | 5,014 | 5,670 |
30 Jun 16 | 22,160 | 6,453 | 4,700 | 5,399 |
31 Mar 16 | 19,767 | 4,892 | 4,317 | 5,097 |
31 Dec 15 | 17,928 | 3,669 | 4,020 | 4,816 |
30 Sep 15 | 15,938 | 2,811 | 3,832 | 4,613 |
30 Jun 15 | 14,640 | 2,722 | 3,351 | 3,950 |
31 Mar 15 | 13,507 | 2,795 | 3,008 | 3,273 |
31 Dec 14 | 12,466 | 2,925 | 2,653 | 2,666 |
30 Sep 14 | 11,201 | 2,749 | 2,281 | 1,964 |
30 Jun 14 | 10,013 | 2,369 | 2,142 | 1,725 |
31 Mar 14 | 8,916 | 1,913 | 2,027 | 1,577 |
31 Dec 13 | 7,872 | 1,491 | 1,778 | 1,415 |
30 Sep 13 | 6,871 | 1,014 | 1,889 | 1,303 |
30 Jun 13 | 6,118 | 533 | 1,777 | 1,178 |
31 Mar 13 | 5,489 | 65 | 2,157 | 1,539 |
Quality Earnings: META has high quality earnings.
Growing Profit Margin: META's current net profit margins (29%) are higher than last year (19.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: META's earnings have grown by 9.4% per year over the past 5 years.
Accelerating Growth: META's earnings growth over the past year (68.5%) exceeds its 5-year average (9.4% per year).
Earnings vs Industry: META earnings growth over the past year (68.5%) exceeded the Interactive Media and Services industry 35%.
Return on Equity
High ROE: META's Return on Equity (25.5%) is considered high.