Meta Platforms, Inc. META Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 81.9%+0.2pp | 82%+0.3pp | 82%+0.6pp | 81.9%+0.5pp | 81.7%+0.3pp | |
| Operating margin | 41.2%-1.7pp | 41.4%-0.7pp | 43.2%+3.3pp | 44%+4.8pp | 42.9%+5.5pp | |
| Net margin | 32.8%-6.3pp | 30.1%-7.8pp | 30.9%-4.7pp | 40%+5.7pp | 39.1%+7.1pp | |
| EBITDA margin | 50.8%-1.5pp | 50.7%-0.9pp | 52.6%+3.5pp | 53.4%+5.4pp | 52.3%+6.5pp | |
| Free cash flow margin | 22.4%-8.3pp | 22.9%-9.9pp | 23.7%-9.8pp | 28%-5.2pp | 30.7%-4.1pp | |
| Returns | ||||||
| Return on equity | 32.9%-6.9pp | 30.2%-6.9pp | 32.6%-3.5pp | 40.6%+5.3pp | 39.8%+6.5pp | |
| Return on assets | 20.9%-5.6pp | 18.8%-5.8pp | 20.9%-2.6pp | 27.2%+3.7pp | 26.5%+4.0pp | |
| Return on invested capital | 27.8%-8.5pp | 26%-10.5pp | 28.4%-6.6pp | 35.7%+2.5pp | 36.3%+5.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.3×-0.3× | 2.6×-0.4× | 2×-0.8× | 2×-0.9× | 2.7×0.0× | |
| Quick ratio | 2.3×-0.3× | 2.6×-0.4× | 2×-0.8× | 2×-0.9× | 2.7×0.0× | |
| Cash ratio | 0.7×-0.2× | 0.9×-0.4× | 0.3×-1.0× | 0.4×-0.9× | 0.9×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×+0.1× | 0.4×+0.1× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Debt-to-assets | 0.2×0.0× | 0.2×+0.1× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 0.5×+0.3× | 0.5×+0.4× | 0.4×+0.3× | 0.4×+0.3× | 0.2×+0.2× | |
| Per Share | ||||||
| Book value per share | $95.04+33.0% | $84.40+20.8% | $75.45+19.2% | $75.90+26.4% | $71.44+25.4% | |
| Valuation | ||||||
| Market capitalization | $1.45T-0.9% | $1.66T+12.6% | $1.84T+27.4% | $1.79T+40.0% | $1.46T+18.0% | |
| Enterprise value | $1.5T+1.6% | $1.71T+15.3% | $1.88T+29.7% | $1.83T+42.3% | $1.48T+19.1% | |
| Price / earnings | 20.5×-1.4× | 27.5×+3.8× | 31.5×+5.4× | 25×+0.2× | 21.9×-5.1× | |
| Price / sales | 6.7×-1.8× | 8.3×-0.7× | 9.7×+0.5× | 10×+1.5× | 8.6×-0.1× | |
| Price / book | 5.9×-2.0× | 7.7×-0.4× | 9.5×+0.7× | 9.2×+1.0× | 7.9×-0.4× | |
| EV / EBITDA | 13.7×-2.9× | 16.8×-0.7× | 18.9×0.0× | 19.1×+1.3× | 16.6×-2.4× | |
| EV / sales | 7×-1.7× | 8.5×-0.5× | 9.9×+0.6× | 10.2×+1.6× | 8.7×0.0× | |
| Free cash flow yield | 3.3%-0.2pp | 2.8%-0.9pp | 2.4%-1.2pp | 2.8%-1.1pp | 3.6%-0.4pp | |
| Earnings yield | 4.9%+0.3pp | 3.6%-0.6pp | 3.2%-0.7pp | 4%0.0pp | 4.6%+0.9pp | |
| Dividend yield | 0.4%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%+0.1pp | 0.4%+0.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Meta Platforms, Inc.'s profit margins?
- Meta Platforms, Inc. (META) runs a 81.9% gross margin and a 41.2% operating margin, with a 32.8% net margin.
- Where do Meta Platforms, Inc.'s ratios come from?
- Every ratio is computed from Meta Platforms, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
