Return on Assets (ROA)
since 2012
Calculation
Meta Platforms Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 22.59% | = | 100 | × | 62,360) | ÷ | 276,054) |
| Dec 31, 2023 | 17.03% | = | 100 | × | 39,098) | ÷ | 229,623) |
| Dec 31, 2022 | 12.49% | = | 100 | × | 23,200) | ÷ | 185,727) |
| Dec 31, 2021 | 23.72% | = | 100 | × | 39,370) | ÷ | 165,987) |
| Dec 31, 2020 | 18.29% | = | 100 | × | 29,146) | ÷ | 159,316) |
| Dec 31, 2019 | 13.86% | = | 100 | × | 18,485) | ÷ | 133,376) |
| Dec 31, 2018 | 22.72% | = | 100 | × | 22,112) | ÷ | 97,334) |
| Dec 31, 2017 | 18.85% | = | 100 | × | 15,934) | ÷ | 84,524) |
| Dec 31, 2016 | 15.73% | = | 100 | × | 10,217) | ÷ | 64,961) |
| Dec 31, 2015 | 7.46% | = | 100 | × | 3,688) | ÷ | 49,407) |
| Dec 31, 2014 | 7.32% | = | 100 | × | 2,940) | ÷ | 40,184) |
| Dec 31, 2013 | 8.38% | = | 100 | × | 1,500) | ÷ | 17,895) |
| Dec 31, 2012 | 0.35% | = | 100 | × | 53) | ÷ | 15,103) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 US$ in millions
The analyzed financial data reveals significant trends in profitability and asset growth over the reviewed period. Net income exhibits a pronounced upward trajectory, with initial modest values rising sharply, peaking in 2024. Although there are fluctuations in certain years, the overall pattern indicates strong earnings expansion, particularly after 2015.
Total assets demonstrate consistent growth throughout the period, increasing from 15,103 million US dollars in 2012 to a substantial 276,054 million US dollars by 2024. This steady asset accumulation reflects ongoing investment and asset base expansion, supporting the company's operational scale and capacity.
The return on assets (ROA) ratio outlines the company's efficiency in generating profit relative to its asset base. Starting from a low 0.35% in 2012, ROA rapidly improves in the following years, reaching above 20% in intermittent periods. Despite some declines around 2019 and 2022, the ratio consistently rebounds, reflecting effective asset utilization aligned with net income growth.
- Net Income
- From 2012 to 2024, net income increases substantially, from 53 million US dollars to 62,360 million US dollars. Notable growth phases occur between 2013 and 2014, as well as a significant surge in 2020 and onward despite a dip in 2022.
- Total Assets
- Total assets expand steadily across the timeframe, with consistent year-over-year increases. The asset base more than triples from 2012 to 2024, highlighting ongoing investment and growth strategies.
- Return on Assets (ROA)
- The ROA shows marked improvement from a minimal 0.35% in 2012 to a range fluctuating mostly between 12% and 23% in later years. Peaks occurred around 2017 and 2021, indicating periods of especially effective asset utilization. Periodic declines suggest temporary challenges but do not detract from an overall positive trend.
In summary, the data reveals a company with robust growth in both income and assets, complemented by effective management of asset profitability. The fluctuations in ROA underscore the dynamic nature of operational efficiency, but the combined trends suggest sustained financial strengthening over the period analyzed.
Comparison to Competitors
Meta Platforms Inc., ROA, long-term trends, comparison to competitors
| Meta Platforms Inc. | Alphabet Inc. | Comcast Corp. | Netflix Inc. | Take-Two Interactive Software Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Dec 31, 2024 | 22.59% | 22.24% | 6.08% | 16.24% | -30.65% | 2.53% |
| Dec 31, 2023 | 17.03% | 18.34% | 5.81% | 11.10% | -7.09% | 1.15% |
| Dec 31, 2022 | 12.49% | 16.42% | 2.09% | 9.24% | 6.39% | 1.54% |
| Dec 31, 2021 | 23.72% | 21.16% | 5.13% | 11.48% | 9.77% | 0.98% |
| Dec 31, 2020 | 18.29% | 12.60% | 3.85% | 7.03% | 8.17% | -1.42% |
| Dec 31, 2019 | 13.86% | 12.45% | 4.96% | 5.49% | 7.87% | 5.70% |
| Dec 31, 2018 | 22.72% | 13.20% | 4.66% | 4.66% | 4.64% | 12.78% |
| Dec 31, 2017 | 18.85% | 6.42% | 12.15% | 2.94% | 2.14% | 9.37% |
| Dec 31, 2016 | 15.73% | 11.63% | 4.82% | 1.37% | -0.32% | 10.20% |
| Dec 31, 2015 | 7.46% | 11.09% | 4.90% | 1.20% | -12.53% | 9.51% |
| Dec 31, 2014 | 7.32% | 11.01% | 5.26% | 3.78% | 20.09% | 8.91% |
| Dec 31, 2013 | 8.38% | 11.65% | 4.29% | 2.08% | -2.31% | 7.55% |
| Dec 31, 2012 | 0.35% | 11.45% | 3.76% | 0.43% | -9.47% | 7.59% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Sector (Media & Entertainment)
Meta Platforms Inc., ROA, long-term trends, comparison to sector (media & entertainment)
| Meta Platforms Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2024 | 22.59% | 15.03% |
| Dec 31, 2023 | 17.03% | 11.56% |
| Dec 31, 2022 | 12.49% | 9.05% |
| Dec 31, 2021 | 23.72% | 13.01% |
| Dec 31, 2020 | 18.29% | 8.04% |
| Dec 31, 2019 | 13.86% | 8.75% |
| Dec 31, 2018 | 22.72% | 11.06% |
| Dec 31, 2017 | 18.85% | 10.38% |
| Dec 31, 2016 | 15.73% | 9.20% |
| Dec 31, 2015 | 7.46% | 7.85% |
| Dec 31, 2014 | 7.32% | 8.00% |
| Dec 31, 2013 | 8.38% | 7.31% |
| Dec 31, 2012 | 0.35% | 6.38% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Industry (Communication Services)
Meta Platforms Inc., ROA, long-term trends, comparison to industry (communication services)
| Meta Platforms Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2024 | 22.59% | 10.19% |
| Dec 31, 2023 | 17.03% | 7.83% |
| Dec 31, 2022 | 12.49% | 5.43% |
| Dec 31, 2021 | 23.72% | 8.37% |
| Dec 31, 2020 | 18.29% | 4.70% |
| Dec 31, 2019 | 13.86% | 6.31% |
| Dec 31, 2018 | 22.72% | 7.37% |
| Dec 31, 2017 | 18.85% | 9.20% |
| Dec 31, 2016 | 15.73% | 6.11% |
| Dec 31, 2015 | 7.46% | 5.83% |
| Dec 31, 2014 | 7.32% | 4.97% |
| Dec 31, 2013 | 8.38% | 5.86% |
| Dec 31, 2012 | 0.35% | 3.61% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).