Stock Analysis on Net
Stock Analysis on Net

Facebook Inc. (NASDAQ:FB)

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Beginner level


Long-term Activity Ratios (Summary)

Facebook Inc., long-term (investment) activity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Net fixed asset turnover 1.93 1.98 2.00 2.06 2.09 2.16 2.26 2.46 2.64 2.75 2.96 3.00 3.12 3.20 3.22 3.12 3.12 3.06 3.15
Net fixed asset turnover (including operating lease, right-of-use asset) 1.55 1.58 1.58 1.64 1.68 1.73 2.26 2.46 2.64 2.75 2.96 3.00 3.12 3.20 3.22 3.12 3.12 3.06 3.15
Total asset turnover 0.54 0.53 0.53 0.53 0.54 0.54 0.57 0.56 0.54 0.50 0.48 0.46 0.45 0.44 0.43 0.41 0.40 0.38 0.36
Equity turnover 0.68 0.70 0.70 0.71 0.71 0.68 0.66 0.65 0.61 0.57 0.55 0.51 0.50 0.49 0.47 0.46 0.44 0.42 0.41

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-01), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-01-28), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-23).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Facebook Inc.’s net fixed asset turnover ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Facebook Inc.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Facebook Inc.’s total asset turnover ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Facebook Inc.’s equity turnover ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Net Fixed Asset Turnover

Facebook Inc., net fixed asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Revenue 18,687  17,737  21,082  17,652  16,886  15,077  16,914  13,727  13,231  11,966  12,972  10,328  9,321  8,032  8,809  7,011  6,436  5,382  5,842  4,501  4,042  3,543 
Property and equipment, net 39,006  37,127  35,323  32,284  29,999  27,345  24,683  21,112  18,357  16,211  13,721  12,158  10,628  9,462  8,591  7,899  7,104  6,467  5,687  5,335  4,955  4,619 
Long-term Activity Ratio
Net fixed asset turnover1 1.93 1.98 2.00 2.06 2.09 2.16 2.26 2.46 2.64 2.75 2.96 3.00 3.12 3.20 3.22 3.12 3.12 3.06 3.15
Benchmarks
Net Fixed Asset Turnover, Competitors2
Adobe Inc. 8.68 8.70 8.64 8.56 8.38 8.65 8.40 8.41 8.18 7.76 7.79 7.35 7.06 7.49 7.17 6.84 6.67 6.38 6.09 5.72 5.54 5.43
Alphabet Inc. 2.11 2.17 2.20 2.24 2.29 2.35 2.29 2.35 2.40 2.40 2.62 2.61 2.63 2.64 2.64 2.61 2.60 2.59 2.58
Autodesk Inc. 19.36 17.99 17.17 16.49 15.26 13.47 14.18 13.38 12.78 13.33 12.81 13.07 13.36 13.55 14.79 16.23 16.05 16.36 15.78
International Business Machines Corp. 7.78 7.95 7.71 7.66 7.63 7.37 7.38 7.34 7.33 7.10 7.12 7.09 7.19 7.31 7.38 7.22 7.24 7.41 7.62
Intuit Inc. 9.40 8.97 8.70 8.48 7.94 7.57 7.34 6.12 5.52 5.20 5.03 4.89 4.63 4.55 4.55 4.69 4.56 6.12 6.15 6.27 6.94 7.15
Microsoft Corp. 3.31 3.38 3.45 3.63 3.62 3.66 3.75 3.71 3.76 3.79 3.79 3.97 4.01 4.44 4.65 5.16 5.58 6.03 6.35
Oracle Corp. 6.31 6.31 6.32 6.39 6.63 6.73 6.75 6.69 6.63 6.86 7.10 7.38 7.63 9.05 9.26 9.26 9.72 9.77 10.37
salesforce.com inc. 6.45 6.25 6.48 6.27 5.95 5.69 5.38 5.32 5.03 4.80 4.69 4.50 4.32 4.13 3.89 3.62 3.46 3.26 4.77
ServiceNow Inc. 7.23 7.89 7.39 8.04 8.27 8.01 7.51 8.20 7.89 7.87 7.89 7.66 7.64 7.92 7.66 7.33 7.17 7.13 6.95

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-01), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-01-28), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-23).

1 Q2 2020 Calculation
Net fixed asset turnover = (RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019 + RevenueQ3 2019) ÷ Property and equipment, net
= (18,687 + 17,737 + 21,082 + 17,652) ÷ 39,006 = 1.93

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Facebook Inc.’s net fixed asset turnover ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Facebook Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Revenue 18,687  17,737  21,082  17,652  16,886  15,077  16,914  13,727  13,231  11,966  12,972  10,328  9,321  8,032  8,809  7,011  6,436  5,382  5,842  4,501  4,042  3,543 
 
Property and equipment, net 39,006  37,127  35,323  32,284  29,999  27,345  24,683  21,112  18,357  16,211  13,721  12,158  10,628  9,462  8,591  7,899  7,104  6,467  5,687  5,335  4,955  4,619 
Operating lease right-of-use assets, net 9,429  9,359  9,460  8,403  7,272  6,747  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Property and equipment, net (including operating lease, right-of-use asset) 48,435  46,486  44,783  40,687  37,271  34,092  24,683  21,112  18,357  16,211  13,721  12,158  10,628  9,462  8,591  7,899  7,104  6,467  5,687  5,335  4,955  4,619 
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 1.55 1.58 1.58 1.64 1.68 1.73 2.26 2.46 2.64 2.75 2.96 3.00 3.12 3.20 3.22 3.12 3.12 3.06 3.15
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Adobe Inc. 6.42 6.32 8.64 8.56 8.38 8.65 8.40 8.41 8.18 7.76 7.79 7.35 7.06 7.49 7.17 6.84 6.67 6.38 6.09 5.72 5.54 5.43
Alphabet Inc. 1.84 1.89 1.91 1.95 1.99 2.05 2.29 2.35 2.40 2.40 2.62 2.61 2.63 2.64 2.64 2.61 2.60 2.59 2.58
Autodesk Inc. 6.51 5.94 17.17 16.49 15.26 13.47 14.18 13.38 12.78 13.33 12.81 13.07 13.36 13.55 14.79 16.23 16.05 16.36 15.78
International Business Machines Corp. 5.21 5.28 5.14 5.15 5.12 5.14 7.38 7.34 7.33 7.10 7.12 7.09 7.19 7.31 7.38 7.22 7.24 7.41 7.62
Intuit Inc. 6.76 6.42 8.70 8.48 7.94 7.57 7.34 6.12 5.52 5.20 5.03 4.89 4.63 4.55 4.55 4.69 4.56 6.12 6.15 6.27 6.94 7.15
Microsoft Corp. 2.74 2.80 2.87 3.00 3.00 3.01 3.05 2.98 2.99 2.97 3.79 3.97 4.01 4.44 4.65 5.16 5.58 6.03 6.35
salesforce.com inc. 2.84 2.75 6.48 6.27 5.95 5.69 5.38 5.32 5.03 4.80 4.69 4.50 4.32 4.13 3.89 3.62 3.46 3.26 4.77
ServiceNow Inc. 3.91 3.97 3.98 4.00 3.95 3.77 7.51 8.20 7.89 7.87 7.89 7.66 7.64 7.92 7.66 7.33 7.17 7.13 6.95

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-01), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-01-28), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-23).

1 Q2 2020 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = (RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019 + RevenueQ3 2019) ÷ Property and equipment, net (including operating lease, right-of-use asset)
= (18,687 + 17,737 + 21,082 + 17,652) ÷ 48,435 = 1.55

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Facebook Inc.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Total Asset Turnover

Facebook Inc., total asset turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Revenue 18,687  17,737  21,082  17,652  16,886  15,077  16,914  13,727  13,231  11,966  12,972  10,328  9,321  8,032  8,809  7,011  6,436  5,382  5,842  4,501  4,042  3,543 
Total assets 139,691  138,371  133,376  124,418  117,006  109,477  97,334  92,452  90,291  88,945  84,524  78,998  73,843  68,714  64,961  59,674  55,739  52,075  49,407  46,469  44,130  42,007 
Long-term Activity Ratio
Total asset turnover1 0.54 0.53 0.53 0.53 0.54 0.54 0.57 0.56 0.54 0.50 0.48 0.46 0.45 0.44 0.43 0.41 0.40 0.38 0.36
Benchmarks
Total Asset Turnover, Competitors2
Adobe Inc. 0.56 0.55 0.54 0.53 0.51 0.49 0.48 0.56 0.54 0.51 0.50 0.50 0.49 0.47 0.46 0.45 0.43 0.43 0.41 0.40 0.39 0.39
Alphabet Inc. 0.60 0.61 0.59 0.59 0.58 0.58 0.59 0.59 0.59 0.57 0.56 0.55 0.56 0.55 0.54 0.53 0.53 0.52 0.51
Autodesk Inc. 0.60 0.57 0.54 0.63 0.58 0.54 0.50 0.48 0.45 0.45 0.42 0.46 0.46 0.46 0.45 0.48 0.48 0.54 0.51
International Business Machines Corp. 0.49 0.50 0.51 0.52 0.50 0.60 0.65 0.66 0.66 0.64 0.63 0.64 0.65 0.68 0.68 0.69 0.68 0.68 0.74
Intuit Inc. 1.06 1.12 1.08 0.98 1.21 1.24 1.15 1.01 1.11 1.30 1.27 1.02 1.11 1.21 1.10 0.94 1.03 1.12 0.84 0.80 0.85 0.89
Microsoft Corp. 0.47 0.47 0.44 0.46 0.46 0.45 0.43 0.42 0.39 0.38 0.37 0.39 0.38 0.40 0.44 0.48 0.49 0.52 0.53
Oracle Corp. 0.40 0.37 0.36 0.36 0.34 0.31 0.29 0.29 0.28 0.29 0.28 0.30 0.30 0.30 0.33 0.35 0.35 0.35 0.34
salesforce.com inc. 0.44 0.42 0.43 0.47 0.46 0.48 0.50 0.57 0.54 0.52 0.48 0.55 0.52 0.55 0.52 0.58 0.55 0.55 0.50
ServiceNow Inc. 0.61 0.60 0.57 0.68 0.65 0.64 0.67 0.68 0.65 0.57 0.57 0.58 0.56 0.69 0.68 0.71 0.70 0.59 0.56

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-01), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-01-28), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-23).

1 Q2 2020 Calculation
Total asset turnover = (RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019 + RevenueQ3 2019) ÷ Total assets
= (18,687 + 17,737 + 21,082 + 17,652) ÷ 139,691 = 0.54

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Facebook Inc.’s total asset turnover ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Equity Turnover

Facebook Inc., equity turnover calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Revenue 18,687  17,737  21,082  17,652  16,886  15,077  16,914  13,727  13,231  11,966  12,972  10,328  9,321  8,032  8,809  7,011  6,436  5,382  5,842  4,501  4,042  3,543 
Stockholders’ equity 110,447  105,304  101,054  93,999  88,762  86,516  84,127  80,342  79,382  77,620  74,347  71,208  66,481  62,188  59,194  54,115  50,383  47,150  44,218  41,420  39,452  37,501 
Long-term Activity Ratio
Equity turnover1 0.68 0.70 0.70 0.71 0.71 0.68 0.66 0.65 0.61 0.57 0.55 0.51 0.50 0.49 0.47 0.46 0.44 0.42 0.41
Benchmarks
Equity Turnover, Competitors2
Adobe Inc. 1.11 1.11 1.06 1.04 1.02 0.97 0.96 0.97 0.93 0.89 0.86 0.84 0.84 0.81 0.79 0.76 0.73 0.72 0.68 0.67 0.66 0.65
Alphabet Inc. 0.80 0.82 0.80 0.80 0.77 0.77 0.77 0.76 0.76 0.73 0.73 0.67 0.67 0.65 0.65 0.64 0.64 0.63 0.62
Autodesk Inc. 18.47 6.20 3.95 2.77 2.07 1.74 1.65 1.55 1.45 1.33 1.15 1.13
International Business Machines Corp. 3.67 3.83 3.70 4.30 4.41 4.78 4.74 4.06 4.36 4.41 4.50 3.99 4.26 4.33 4.38 4.72 5.10 5.42 5.73
Intuit Inc. 1.91 1.91 1.81 1.67 2.30 2.19 2.53 2.46 4.70 4.39 3.82 3.00 6.18 5.08 4.04 3.71 6.97 4.08 1.80 1.81 1.90 1.54
Microsoft Corp. 1.22 1.22 1.23 1.29 1.29 1.34 1.33 1.31 1.26 1.05 1.24 1.25 1.25 1.21 1.19 1.16 1.15 1.17 1.17
Oracle Corp. 2.54 2.14 1.81 1.67 1.30 1.05 0.87 0.83 0.70 0.68 0.70 0.74 0.77 0.78 0.78 0.81 0.82 0.81 0.79
salesforce.com inc. 0.86 0.85 0.85 0.85 0.87 1.00 1.12 1.12 1.11 1.12 1.12 1.16 1.22 1.27 1.33 1.33 1.32 1.34 1.35
ServiceNow Inc. 1.60 1.64 1.63 2.26 2.39 2.35 2.35 2.39 2.54 2.43 3.31 3.21 3.38 3.51 3.59 3.56 3.68 3.64 1.77

Based on: 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-31), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-31), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-26), 10-K (filing date: 2018-02-01), 10-Q (filing date: 2017-11-02), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-04), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-07-28), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-01-28), 10-Q (filing date: 2015-11-05), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-04-23).

1 Q2 2020 Calculation
Equity turnover = (RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019 + RevenueQ3 2019) ÷ Stockholders’ equity
= (18,687 + 17,737 + 21,082 + 17,652) ÷ 110,447 = 0.68

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Facebook Inc.’s equity turnover ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.