Meta Platforms, Inc. META

751.66 (25.93) (3.33%) as of 25 Sep
Market cap
$1.98T
P/E
27.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Meta Platforms, Inc. (META) Free cash flow margin

Meta Platforms, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 18.0%, down 5.0 percentage points from fiscal 2025 (22.9%). Over the past ten years it has ranged from 16.5% (fiscal 2022) to 43.5% (fiscal 2015); the current reading is higher than 18% of that period. That is above the Internet Content & Information industry median of 1.75% and above the Communication Services sector median of 0.63%.

Free cash flow margin, annual

Annual

Period Free cash flow margin Change (points)
FY2025 22.9% (9.93)
FY2024 32.9% 0.20
FY2023 32.7% 16.13
FY2022 16.5% (16.63)
FY2021 33.2% 5.68
FY2020 27.5% (2.51)
FY2019 30.0% 2.49
FY2018 27.5% (15.50)
FY2017 43.0% 0.98
FY2016 42.0% (1.46)

Against its own ten years

Low 16.5% High 43.5%
Ten-year median 32.7%
Current reading's percentile 18

Free cash flow margin against peers

Company Free cash flow margin
RDDT Reddit Inc. compare 36.7%
MTCH Match Group Inc. compare 32.5%
PINS Pinterest, Inc. compare 28.1%
META Meta Platforms, Inc. 18.0%
SPOT Spotify Technology compare 17.7%
GOOGL Alphabet Inc. compare 12.0%
GOOG Alphabet Inc. compare 12.0%
SNAP Snap Inc. compare 11.1%
BIDU Baidu, Inc. compare 0.00%
Internet Content & Information industry median 1.75%
Communication Services sector median 0.63%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

More on META