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.
Follow META
Meta Platforms, Inc. (META) Return on invested capital
Meta Platforms, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 21.3%, down 5.4 percentage points from fiscal 2025 (26.8%). Over the past ten years it has ranged from 15.0% (fiscal 2015) to 38.6% (fiscal 2017); the current reading is higher than 55% of that period. That is above the Internet Content & Information industry median of 0.00% and above the Communication Services sector median of 0.00%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 26.8% | (5.68) |
| FY2024 | 32.5% | 4.92 |
| FY2023 | 27.5% | 8.47 |
| FY2022 | 19.1% | (13.36) |
| FY2021 | 32.4% | 5.70 |
| FY2020 | 26.7% | 0.01 |
| FY2019 | 26.7% | (9.49) |
| FY2018 | 36.2% | (2.40) |
| FY2017 | 38.6% | 12.49 |
| FY2016 | 26.1% | 11.08 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| RDDT Reddit Inc. compare | 98.3% |
| MTCH Match Group Inc. compare | 22.6% |
| META Meta Platforms, Inc. | 21.3% |
| GOOGL Alphabet Inc. compare | 18.6% |
| GOOG Alphabet Inc. compare | 18.6% |
| PINS Pinterest, Inc. compare | 5.39% |
| SPOT Spotify Technology compare | 0.00% |
| BIDU Baidu, Inc. compare | −2.17% |
| SNAP Snap Inc. compare | −7.22% |
| Internet Content & Information industry median | 0.00% |
| Communication Services sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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