Meta Platforms, Inc.
META Communication Services Internet Content & Information
Meta Platforms, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $201.0 billion, up 22.2% from fiscal 2024. In the quarter to June 2026, revenue grew 28.0%, EPS fell 14.4%, free cash flow fell 80.7% and total debt rose 190.2%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years, revenue growth for three, operating cash flow growth for three.
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Meta Platforms, Inc. (META) EV/EBITDA
As of 16 October 2026, Meta Platforms, Inc. (META) trades at a EV/EBITDA of 16.4×. Over the past ten years it has ranged from 4.8× (November 2022) to 43.8× (November 2015); the current reading is higher than 29% of that period. That is above the Internet Content & Information industry median of 8.7× and above the Communication Services sector median of 8.4×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 16.1× | (4.71%) |
| FY2024 | 16.9× | 15.97% |
| FY2023 | 14.6× | 80.20% |
| FY2022 | 8.1× | (51.47%) |
| FY2021 | 16.7× | (9.35%) |
| FY2020 | 18.4× | 1.06% |
| FY2019 | 18.2× | 57.40% |
| FY2018 | 11.6× | (44.61%) |
| FY2017 | 20.9× | 0.97% |
| FY2016 | 20.7× | (38.61%) |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 13.0× | (0.42%) |
| Mar 2026 | 13.1× | (18.93%) |
| Dec 2025 | 16.1× | (12.50%) |
| Sep 2025 | 18.4× | (4.53%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| SNAP Snap Inc. compare | n/m |
| BIDU Baidu, Inc. compare | n/m |
| MTCH Match Group Inc. compare | 12.1× |
| META Meta Platforms, Inc. | 16.4× |
| GOOG Alphabet Inc. compare | 22.8× |
| GOOGL Alphabet Inc. compare | 23.1× |
| SPOT Spotify Technology compare | 31.1× |
| RDDT Reddit Inc. compare | 33.8× |
| PINS Pinterest, Inc. compare | 49.3× |
| Internet Content & Information industry median | 8.7× |
| Communication Services sector median | 8.4× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on META
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement