Meta Platforms, Inc.(META) Stock Research - Grey Stern Research

Meta Platforms, Inc. (META) Stock Analysis

$580.41 (1.33%)

META Financial Performance


Use the table below to view Meta Platforms, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $572.81 -
52 Week Low $279.40 -
52 Week High $583.04 -
Market Cap $1.4 Trillion 2/6
Gross Margin 81% 1/6
Profit Margin 34% 1/6
EBITDA margin 38% 1/6
Q2 - 2024 Revenue $39.1 Billion 2/6
Q2 - 2024 Earnings $13.5 Billion 2/6
Q2 - 2024 Free Cash Flow $11.2 Billion 2/6
Trailing 4 Quarters Revenue $149.8 Billion 2/6
Trailing 4 Quarters Earnings $51.4 Billion 2/6
Quarterly Earnings Growth 73% 3/6
Annual Earnings Growth 106% 2/6
Quarterly Revenue Growth 22% 1/6
Annual Revenue Growth 27% 2/6
Cash On Hand $32.0 Billion 1/6
Short Term Debt $1.9 Billion 3/6
Long Term Debt $36.1 Billion 1/6

Meta Platforms, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Meta Platforms, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 28.18 2/6
PS 9.68 1/6
PB 9.24 1/6
PC 45.23 2/6
Liabilities to Equity 0.47 3/6
ROA 0.22 1/6
ROE 0.33 1/6
Current Ratio 3.13 4/6
Quick Ratio 0.79 5/6
Long Term Debt to Equity 0.23 3/6
Debt to Equity 0.24 3/6
Burn Rate -2.78 5/6
Cash to Cap 0.02 5/6
CCR 0.83 2/6
EV to EBITDA 98.01 2/6
EV to Revenue 9.72 1/6

Company Details

Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.

CEO:

Website: https://investor.fb.com

Address: 1601 Willow Road Menlo Park, CA

Exchange: NASDAQ Global Market

Industry: Internet Content & Information

Meta Platforms, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Meta Platforms, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Snap Inc. SNAP $18.1 Billion
Baidu, Inc. BIDU $41.2 Billion
Alphabet Inc. GOOG $2.1 Trillion
Twilio Inc. TWLO $10.7 Billion
Pinterest, Inc. PINS $22.8 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
META Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 39.1 Billion $13.5 Billion
Q1 2024 $ 36.5 Billion $12.4 Billion
Q4 2023 $ 40.1 Billion $14.0 Billion
Q3 2023 $ 34.1 Billion $11.6 Billion
Q2 2023 $ 32.0 Billion $7.8 Billion
Q1 2023 $ 28.6 Billion $5.7 Billion
Q4 2022 $ 32.2 Billion $4.7 Billion
Q3 2022 $ 27.7 Billion $4.4 Billion

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META Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $32.0 Billion $230.2 Billion $38.0 Billion $156.8 Billion
Q1 2024 $32.4 Billion $222.8 Billion $37.6 Billion $149.5 Billion
Q4 2023 $41.9 Billion $229.6 Billion $37.2 Billion $153.2 Billion
Q3 2023 $36.9 Billion $216.3 Billion $36.2 Billion $142.9 Billion
Q2 2023 $28.8 Billion $206.7 Billion $36.2 Billion $134.0 Billion
Q1 2023 $11.6 Billion $184.5 Billion $27.6 Billion $124.8 Billion
Q4 2022 $14.7 Billion $185.7 Billion $26.6 Billion $125.7 Billion
Q3 2022 $14.3 Billion $178.9 Billion $25.9 Billion $124.1 Billion

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META Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $11.2 Billion -$8.2 Billion -$258.0 Million
Q1 2024 $12.8 Billion -$6.4 Billion -$9.6 Billion
Q4 2023 $11.7 Billion -$7.7 Billion $4.9 Billion
Q3 2023 $13.9 Billion -$6.5 Billion $8.1 Billion
Q2 2023 $11.1 Billion -$6.2 Billion $17.4 Billion
Q1 2023 $7.2 Billion -$6.8 Billion -$3.2 Billion
Q4 2022 $5.5 Billion -$9.0 Billion $345.0 Million
Q3 2022 $316.0 Million -$9.4 Billion $1.8 Billion

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