Stock Analysis on Net

Meta Platforms Inc. (NASDAQ:META)

Common-Size Balance Sheet: Assets 
Quarterly Data

Meta Platforms Inc., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Cash and cash equivalents 10.26 15.90 17.10 13.92 14.50 18.23 17.06 13.93 6.26 7.90 8.00 7.47 9.06 10.00 8.55 9.49 11.93 11.03 7.93 15.07 17.07
Marketable securities 14.80 12.29 10.55 11.31 11.58 10.25 11.20 11.93 14.03 14.03 15.35 16.38 17.66 18.92 25.70 28.07 27.34 27.86 30.05 26.63 26.50
Accounts receivable, net 5.18 6.16 5.73 6.30 6.03 7.04 5.99 6.05 5.99 7.25 6.28 6.79 6.94 8.46 7.13 6.86 6.28 7.11 5.48 5.36 5.27
Prepaid expenses and other current assets 1.96 1.90 2.13 1.67 1.70 1.65 1.99 1.74 2.17 2.88 2.97 2.34 2.43 2.79 3.10 2.88 1.73 1.49 1.47 1.72 1.28
Current assets 32.20% 36.24% 35.52% 33.20% 33.80% 37.18% 36.24% 33.65% 28.45% 32.06% 32.60% 32.98% 36.09% 40.16% 44.47% 47.30% 47.29% 47.50% 44.93% 48.77% 50.12%
Non-marketable equity securities 2.20 2.20 2.37 2.70 2.79 2.67 2.84 3.00 3.34 3.34 3.65 3.85 4.13 4.08 3.99 3.75 3.88 3.91 4.21 0.00 0.00
Property and equipment, net 47.67 43.96 43.74 44.72 44.38 42.06 42.43 42.55 45.62 42.81 41.22 39.81 37.50 34.83 31.68 29.84 29.18 28.64 28.88 27.92 26.83
Operating lease right-of-use assets 5.53 5.41 5.78 6.11 6.08 5.79 6.03 6.27 6.99 6.82 7.63 8.32 7.45 7.32 6.52 6.17 6.24 5.87 6.45 6.75 6.76
Goodwill 7.37 7.48 8.06 8.97 9.27 8.99 9.56 10.00 11.19 10.93 11.33 11.91 12.13 11.57 11.24 11.26 11.65 11.96 13.00 13.62 13.59
Other assets 5.03 4.72 4.54 4.31 3.67 3.30 2.90 4.53 4.41 4.03 3.58 3.13 2.70 2.04 2.09 1.68 1.76 2.12 2.54 2.93 2.69
Non-current assets 67.80% 63.76% 64.48% 66.80% 66.20% 62.82% 63.76% 66.35% 71.55% 67.94% 67.40% 67.02% 63.91% 59.84% 55.53% 52.70% 52.71% 52.50% 55.07% 51.23% 49.88%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Cash and cash equivalents as a percentage of total assets
This metric exhibited volatility over the period analyzed. Initially, it decreased from 17.07% in March 2020 to a low of 6.26% in March 2023, demonstrating a declining trend in liquidity. However, it rebounded significantly reaching 18.23% by December 2023 before declining again to 10.26% by March 2025.
Marketable securities as a percentage of total assets
Marketable securities declined generally over the entire period, starting at 26.5% in March 2020 and gradually decreasing to 14.8% by March 2025. The decline indicates a shift away from marketable securities relative to total assets.
Accounts receivable, net as a percentage of total assets
Accounts receivable showed mild fluctuations but remained relatively stable around the 5% to 8% range. Initial growth was observed up to December 2021 (8.46%), followed by a general decline, reaching 5.18% by March 2025.
Prepaid expenses and other current assets as a percentage of total assets
These assets fluctuated moderately, increasing from 1.28% in March 2020 to a peak of 3.10% in September 2020, then showing a general decreasing trend to around 1.9% by March 2025, indicating modest variation in this asset class.
Current assets as a percentage of total assets
There was a clear downward trend in current assets, declining from 50.12% in March 2020 to 32.20% by March 2025. This decrease suggests a strategic shift towards non-current assets or changes in asset composition.
Non-marketable equity securities as a percentage of total assets
Starting with no data in early periods, these assets appeared at 4.21% in September 2020 and gradually diminished to 2.20% by March 2025, indicating a reduction in non-marketable equity holdings relative to total assets.
Property and equipment, net as a percentage of total assets
This asset category increased steadily from 26.83% in March 2020 to 47.67% by March 2025. The consistent rise highlights significant investment or capital expenditure in property and equipment over the period.
Operating lease right-of-use assets as a percentage of total assets
These assets remained relatively stable, fluctuating mildly between approximately 5.41% and 8.32%, indicating consistent lease-related asset holdings without significant strategic shifts.
Goodwill as a percentage of total assets
Goodwill showed a declining trend, falling from 13.59% in March 2020 to 7.37% by March 2025. This decrease could reflect impairments or amortization reducing intangible assets.
Other assets as a percentage of total assets
Other assets increased steadily from 2.69% in March 2020 to 5.03% by March 2025, suggesting either diversification or growth in miscellaneous asset categories.
Non-current assets as a percentage of total assets
Non-current assets increased from 49.88% in March 2020 to a peak of 71.55% in March 2023, followed by fluctuations around the mid-60% range through early 2025. This indicates a strategic emphasis on long-term asset investments.
Total assets
Total assets are consistently represented as 100%, serving as a baseline reference for all percentages presented.