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Meta Platforms, Inc. META

Nasdaq · stock · Services-Computer Programming, Data Processing, Etc. · website · IPO 2012-05-18 · LEI

Meta Platforms, Inc. statistics & valuation

Market cap$1.40T
P / E23.1×
P / S7.0×
P / B6.4×
P / FCF30.3×
Dividend yield0.38%
Net margin30.1%
Return on equity27.8%
FCF margin22.9%
Net debt$22.9B
Net debt / EBITDA0.2×
Enterprise value USD$1.42T
EV / EBITDA13.9×
Earnings yield EBIT/EV5.9%
Return on capital25.7%
Graham number -63.5%$211.20

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($211.20); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
37.00% 39.20% 39.60% 26.10% 33.90% 33.40% 19.90% 29.00% 37.90% 30.10% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
45.00% 49.70% 44.60% 33.90% 38.00% 39.60% 24.80% 34.70% 42.20% 41.40% 2016201720182019202020212022202320242025
Return on equity (%)
17.30% 21.40% 26.30% 18.30% 22.70% 31.50% 18.50% 25.50% 34.10% 27.80% 2016201720182019202020212022202320242025
Shares outstanding
2.92B 2.96B 2.92B 2.88B 2.89B 2.86B 2.70B 2.63B 2.61B 2.57B 2016201720182019202020212022202320242025
Net debt ($)
-$16.60B -$4.76B -$23.48B -$15.06B $22.87B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
15.70% 18.90% 22.70% 13.90% 18.30% 23.70% 12.50% 17.00% 22.60% 16.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
42.00% 43.00% 27.50% 30.00% 27.40% 33.10% 16.50% 32.70% 32.90% 22.90% 2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.08× 0.12× 0.16× 0.27× 2016201720182019202020212022202320242025
EPS ($)
$3.49 $5.39 $7.57 $6.43 $10.09 $13.77 $8.59 $14.87 $23.86 $23.49 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Meta Platforms, Inc. trades at about 24.6× earnings — below its 10-year norm (10-year range 17.3×–37.3×, median 28.9×).

17.3× 37.3×

Shaded band = 10-year range (17.3×–37.3×); dot = today's 24.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin41.4%42.2%34.7%24.8%39.6%38.0%33.9%44.6%49.7%45.0%
Net margin30.1%37.9%29.0%19.9%33.4%33.9%26.1%39.6%39.2%37.0%
FCF margin22.9%32.9%32.7%16.5%33.1%27.4%30.0%27.5%43.0%42.0%
Return on assets16.5%22.6%17.0%12.5%23.7%18.3%13.9%22.7%18.9%15.7%
Return on equity27.8%34.1%25.5%18.5%31.5%22.7%18.3%26.3%21.4%17.3%
Debt / equity0.27×0.16×0.12×0.08×0.00×—————
Current ratio2.602.982.672.203.155.054.407.1912.9211.97

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.