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) Price to free cash flow

As of 25 September 2026, Meta Platforms, Inc. (META) trades at a price to free cash flow of 46.6×. Over the past ten years it has ranged from 9.0× (November 2022) to 48.3× (September 2026); the current reading is higher than 100% of that period. That is above the Internet Content & Information industry median of 8.9× and above the Communication Services sector median of 9.8×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 36.1× 31.53%
FY2024 27.4× 35.66%
FY2023 20.2× 16.40%
FY2022 17.4× (28.21%)
FY2021 24.2× (26.55%)
FY2020 33.0× 19.33%
FY2019 27.6× 11.96%
FY2018 24.7× (18.06%)
FY2017 30.1× 4.53%
FY2016 28.8× (23.46%)

Quarterly

Period Price to free cash flow Change
Jun 2026 35.0× 16.35%
Mar 2026 30.0× (16.75%)
Dec 2025 36.1× (12.45%)
Sep 2025 41.2× 11.20%
42 more quarters

Against its own ten years

Low 9.0× High 48.3×
Ten-year median 31.4×
Current reading's percentile 100

Price to free cash flow against peers

Company Price to free cash flow
MTCH Match Group Inc. compare 8.3×
PINS Pinterest, Inc. compare 8.3×
BIDU Baidu, Inc. compare 9.8×
SNAP Snap Inc. compare 13.0×
SPOT Spotify Technology compare 28.0×
RDDT Reddit Inc. compare 28.3×
META Meta Platforms, Inc. 46.6×
GOOG Alphabet Inc. compare 77.8×
GOOGL Alphabet Inc. compare 78.4×
Internet Content & Information industry median 8.9×
Communication Services sector median 9.8×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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