Meta Platforms, Inc. logo META - Meta Platforms, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
2
BUY 41
HOLD 5
SELL 3
STRONG
SELL
0
| PRICE TARGET: $854.00 DETAILS
HIGH: $1117.00
LOW: $718.00
MEDIAN: $825.00
CONSENSUS: $854.00
UPSIDE: 37.69%
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 164,501.0 134,902.0 116,609.0 117,929.0 85,965.0 70,697.0 55,838.0 40,653.0 27,638.0 17,928.0
Cost of Revenue 30,161.0 25,959.0 25,249.0 22,649.0 16,692.0 12,770.0 9,355.0 5,454.0 3,789.0 2,867.0
Gross Profit 134,340.0 108,943.0 91,360.0 95,280.0 69,273.0 57,927.0 46,483.0 35,199.0 23,849.0 15,061.0
Operating Expenses
R&D Expenses 43,873.0 38,483.0 35,338.0 24,655.0 18,447.0 13,600.0 10,273.0 7,754.0 5,919.0 4,816.0
SG&A Expenses 21,087.0 23,709.0 27,078.0 23,872.0 18,155.0 20,341.0 11,297.0 7,242.0 5,503.0 4,020.0
Other Expenses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Operating Expenses 64,960.0 62,192.0 62,416.0 48,527.0 36,602.0 33,941.0 21,570.0 14,996.0 11,422.0 8,836.0
Operating Income
Operating Income 69,380.0 46,751.0 28,944.0 46,753.0 32,671.0 23,986.0 24,913.0 20,203.0 12,427.0 6,225.0
Interest Expense 715.0 446.0 185.0 23.0 0.0 20.0 9.0 6.0 10.0 23.0
Interest Income 2,517.0 1,639.0 461.0 484.0 672.0 904.0 652.0 398.0 176.0 52.0
Profitability
EBITDA 86,876.0 59,052.0 37,690.0 55,274.0 39,533.0 34,727.0 29,228.0 23,625.0 14,769.0 8,170.0
EBIT 71,378.0 47,874.0 29,004.0 47,307.0 32,671.0 28,986.0 24,913.0 20,600.0 12,427.0 6,225.0
Income Before Tax 70,663.0 47,428.0 28,819.0 47,284.0 33,180.0 24,812.0 25,361.0 20,594.0 12,518.0 6,194.0
Income Tax Expense 8,303.0 8,330.0 5,619.0 7,914.0 4,034.0 6,327.0 3,249.0 4,660.0 2,301.0 2,506.0
Net Income 62,360.0 39,098.0 23,200.0 39,370.0 29,146.0 18,485.0 22,112.0 15,920.0 10,188.0 3,688.0
Per Share Data
EPS (Basic) 24.61 15.19 8.63 13.99 10.22 6.48 7.65 5.49 3.56 1.31
EPS (Diluted) 23.86 14.87 8.59 13.77 10.09 6.43 7.57 5.39 3.49 1.29
Shares Outstanding 2,534.0 2,574.0 2,687.0 2,815.0 2,851.0 2,854.0 2,890.0 2,953.4 2,916.7 2,838.3
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Current Assets
Cash & Cash Equivalents 43,889.0 41,862.0 14,681.0 16,601.0 17,576.0 19,079.0 10,019.0 8,079.0 8,903.0 4,907.0
Short-Term Investments 33,926.0 23,541.0 26,057.0 31,397.0 44,378.0 35,776.0 31,095.0 33,632.0 20,546.0 13,527.0
Net Receivables 16,994.0 16,169.0 13,466.0 14,039.0 11,335.0 9,518.0 7,587.0 5,832.0 3,993.0 2,559.0
Inventory 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Current Assets 5,236.0 3,793.0 5,345.0 149.0 241.0 8.0 10.0 0.0 0.0 0.0
Total Current Assets 100,045.0 85,365.0 59,549.0 66,666.0 75,670.0 66,225.0 50,480.0 48,563.0 34,401.0 21,652.0
Non-Current Assets
Property, Plant & Equipment 136,268.0 109,881.0 92,191.0 69,964.0 54,981.0 44,783.0 24,683.0 13,721.0 8,591.0 5,687.0
Goodwill 20,654.0 20,654.0 20,306.0 19,197.0 19,050.0 18,715.0 18,301.0 18,221.0 18,122.0 18,026.0
Intangible Assets 915.0 788.0 897.0 634.0 623.0 894.0 1,294.0 1,884.0 2,535.0 3,246.0
Long-Term Investments 6,070.0 6,141.0 6,201.0 6,775.0 6,234.0 86.0 0.0 0.0 0.0 0.0
Other Non-Current Assets 12,102.0 6,794.0 6,583.0 2,751.0 2,758.0 2,865.0 2,576.0 2,135.0 1,312.0 796.0
Total Non-Current Assets 176,009.0 144,258.0 126,178.0 99,321.0 83,646.0 67,151.0 46,854.0 35,961.0 30,560.0 27,755.0
Total Assets 276,054.0 229,623.0 185,727.0 165,987.0 159,316.0 133,376.0 97,334.0 84,524.0 64,961.0 49,407.0
Current Liabilities
Account Payables 7,687.0 4,849.0 4,990.0 4,083.0 1,331.0 1,363.0 820.0 380.0 302.0 196.0
Short-Term Debt 0.0 0.0 0.0 0.0 0.0 0.0 500.0 340.0 0.0 201.0
Deferred Revenue 0.0 0.0 15,763.0 561.0 382.0 269.0 147.0 98.0 90.0 56.0
Other Current Liabilities 12,424.0 15,174.0 (3,141.0) 8,410.0 6,078.0 4,031.0 2,987.0 1,527.0 1,717.0 1,056.0
Total Current Liabilities 33,596.0 31,960.0 27,026.0 21,135.0 14,981.0 15,053.0 7,017.0 3,760.0 2,875.0 1,925.0
Non-Current Liabilities
Long-Term Debt 28,826.0 18,385.0 9,923.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Deferred Tax Liabilities 0.0 0.0 5,490.0 0.0 0.0 1,039.0 673.0 50.0 0.0 163.0
Other Non-Current Liabilities 12,703.0 8,884.0 7,764.0 7,227.0 6,414.0 6,706.0 5,517.0 6,367.0 2,892.0 2,994.0
Total Non-Current Liabilities 59,821.0 44,495.0 32,988.0 19,973.0 16,045.0 17,269.0 6,190.0 6,417.0 2,892.0 3,264.0
Total Liabilities 93,417.0 76,455.0 60,014.0 41,108.0 31,026.0 32,322.0 13,207.0 10,177.0 5,767.0 5,189.0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings 102,506.0 82,070.0 64,799.0 69,761.0 77,345.0 55,692.0 41,981.0 33,990.0 21,670.0 9,787.0
Accumulated Other Comprehensive Income (3,097.0) (2,155.0) (3,530.0) (693.0) 927.0 (489.0) (760.0) (227.0) (703.0) (455.0)
Total Stockholders' Equity 182,637.0 153,168.0 125,713.0 124,879.0 128,290.0 101,054.0 84,127.0 74,347.0 59,194.0 44,218.0
Total Liabilities & Equity 276,054.0 229,623.0 185,727.0 165,987.0 159,316.0 133,376.0 97,334.0 84,524.0 64,961.0 49,407.0
Debt Metrics
Total Debt 49,060.0 37,234.0 26,591.0 13,873.0 10,654.0 10,324.0 500.0 340.0 0.0 315.0
Net Debt 5,171.0 (4,628.0) 11,910.0 (2,728.0) (6,922.0) (8,755.0) (9,519.0) (7,739.0) (8,903.0) (4,793.0)
Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Operating Activities
Net Income 62,360.0 39,098.0 23,200.0 39,370.0 29,146.0 18,485.0 22,112.0 15,934.0 10,217.0 3,688.0
Depreciation & Amortization 15,498.0 11,178.0 8,686.0 7,967.0 6,862.0 5,741.0 4,315.0 3,025.0 2,342.0 1,945.0
Stock-Based Compensation 16,690.0 14,027.0 11,992.0 9,164.0 6,536.0 4,836.0 4,152.0 3,723.0 3,218.0 2,960.0
Change in Working Capital 1,048.0 3,836.0 5,683.0 700.0 (2,723.0) 7,250.0 (1,527.0) 1,887.0 758.0 784.0
Other Non-Cash Items 470.0 2,843.0 4,200.0 (127.0) 118.0 39.0 (64.0) 24.0 30.0 17.0
Operating Cash Flow 91,328.0 71,113.0 50,475.0 57,683.0 38,747.0 36,314.0 29,274.0 24,216.0 16,108.0 8,599.0
Investing Activities
Capital Expenditure (37,256.0) (27,266.0) (31,431.0) (18,567.0) (15,115.0) (15,102.0) (13,915.0) (6,733.0) (4,491.0) (2,523.0)
Acquisitions (270.0) (629.0) (1,312.0) (898.0) (6,749.0) (508.0) (137.0) (122.0) (123.0) (313.0)
Purchases of Investments (25,542.0) (2,982.0) (9,631.0) (30,407.0) (33,930.0) (23,910.0) (14,656.0) (25,682.0) (22,341.0) (15,938.0)
Sales/Maturities of Investments 15,789.0 6,184.0 13,158.0 42,586.0 25,771.0 19,717.0 17,130.0 12,432.0 15,155.0 9,238.0
Other Investing Activities 129.0 198.0 246.0 (284.0) (36.0) (61.0) (25.0) 67.0 61.0 102.0
Investing Cash Flow (47,150.0) (24,495.0) (28,970.0) (7,570.0) (30,059.0) (19,864.0) (11,603.0) (20,038.0) (11,739.0) (9,434.0)
Financing Activities
Net Debt Issuance 8,463.0 7,397.0 9,071.0 (663.0) (580.0) (775.0) 500.0 0.0 (312.0) (119.0)
Stock Repurchased (30,125.0) (19,774.0) (27,956.0) (44,537.0) (6,272.0) (4,202.0) (12,879.0) (1,976.0) (6.0) (20.0)
Dividends Paid (5,072.0) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Financing Activities (14,047.0) (111.0) 344.0 (5,528.0) (3,440.0) 15.0 15.0 (3,259.0) 8.0 1,701.0
Financing Cash Flow (40,781.0) (19,500.0) (22,136.0) (50,728.0) (10,292.0) (7,299.0) (15,572.0) (5,235.0) (310.0) 1,582.0
Cash Position
Net Change in Cash 2,611.0 27,231.0 (1,269.0) (1,089.0) (1,325.0) 9,155.0 1,920.0 (824.0) 3,996.0 592.0
Cash at Beginning 42,827.0 15,596.0 16,865.0 17,954.0 19,279.0 10,124.0 8,204.0 8,903.0 4,907.0 4,315.0
Cash at End 45,438.0 42,827.0 15,596.0 16,865.0 17,954.0 19,279.0 10,124.0 8,079.0 8,903.0 4,907.0
Free Cash Flow 54,072.0 43,847.0 19,044.0 39,116.0 23,632.0 21,212.0 15,359.0 17,483.0 11,617.0 6,076.0
Key Metrics 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 164,501.0 134,902.0 116,609.0 117,929.0 85,965.0 70,697.0 55,838.0 40,653.0 27,638.0 17,928.0
Gross Profit 134,340.0 108,943.0 91,360.0 95,280.0 69,273.0 57,927.0 46,483.0 35,199.0 23,849.0 15,061.0
Operating Income 69,380.0 46,751.0 28,944.0 46,753.0 32,671.0 23,986.0 24,913.0 20,203.0 12,427.0 6,225.0
Net Income 62,360.0 39,098.0 23,200.0 39,370.0 29,146.0 18,485.0 22,112.0 15,920.0 10,188.0 3,688.0
EPS (Diluted) 23.86 14.87 8.59 13.77 10.09 6.43 7.57 5.39 3.49 1.29
Balance Sheet
Cash & Equivalents 43,889.0 41,862.0 14,681.0 16,601.0 17,576.0 19,079.0 10,019.0 8,079.0 8,903.0 4,907.0
Total Assets 276,054.0 229,623.0 185,727.0 165,987.0 159,316.0 133,376.0 97,334.0 84,524.0 64,961.0 49,407.0
Total Debt 49,060.0 37,234.0 26,591.0 13,873.0 10,654.0 10,324.0 500.0 340.0 0.0 315.0
Stockholders' Equity 182,637.0 153,168.0 125,713.0 124,879.0 128,290.0 101,054.0 84,127.0 74,347.0 59,194.0 44,218.0
Cash Flow
Operating Cash Flow 91,328.0 71,113.0 50,475.0 57,683.0 38,747.0 36,314.0 29,274.0 24,216.0 16,108.0 8,599.0
Capital Expenditure (37,256.0) (27,266.0) (31,431.0) (18,567.0) (15,115.0) (15,102.0) (13,915.0) (6,733.0) (4,491.0) (2,523.0)
Free Cash Flow 54,072.0 43,847.0 19,044.0 39,116.0 23,632.0 21,212.0 15,359.0 17,483.0 11,617.0 6,076.0