Return on Assets (ROA)
since 2012
Calculation
Meta Platforms Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| 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: 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
Comparison to Competitors
Meta Platforms Inc., ROA, long-term trends, comparison to competitors
| Meta Platforms Inc. | Alphabet Inc. | Comcast Corp. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 17.03% | 18.34% | 5.81% | 11.10% | 1.15% |
| Dec 31, 2022 | 12.49% | 16.42% | 2.09% | 9.24% | 1.54% |
| Dec 31, 2021 | 23.72% | 21.16% | 5.13% | 11.48% | 0.98% |
| Dec 31, 2020 | 18.29% | 12.60% | 3.85% | 7.03% | -1.42% |
| Dec 31, 2019 | 13.86% | 12.45% | 4.96% | 5.49% | 5.70% |
| Dec 31, 2018 | 22.72% | 13.20% | 4.66% | 4.66% | 12.78% |
| Dec 31, 2017 | 18.85% | 6.42% | 12.15% | 2.94% | 9.37% |
| Dec 31, 2016 | 15.73% | 11.63% | 4.82% | 1.37% | 10.20% |
| Dec 31, 2015 | 7.46% | 11.09% | 4.90% | 1.20% | 9.51% |
| Dec 31, 2014 | 7.32% | 11.01% | 5.26% | 3.78% | 8.91% |
| Dec 31, 2013 | 8.38% | 11.65% | 4.29% | 2.08% | 7.55% |
| Dec 31, 2012 | 0.35% | 11.45% | 3.76% | 0.43% | 7.59% |
Based on: 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, 2023 | 17.03% | 11.82% |
| Dec 31, 2022 | 12.49% | 9.07% |
| Dec 31, 2021 | 23.72% | 13.02% |
| Dec 31, 2020 | 18.29% | 8.04% |
| Dec 31, 2019 | 13.86% | 8.75% |
| Dec 31, 2018 | 22.72% | 11.10% |
| Dec 31, 2017 | 18.85% | 10.43% |
| Dec 31, 2016 | 15.73% | 9.25% |
| Dec 31, 2015 | 7.46% | 7.95% |
| Dec 31, 2014 | 7.32% | 7.95% |
| Dec 31, 2013 | 8.38% | 7.34% |
| Dec 31, 2012 | 0.35% | 6.43% |
Based on: 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, 2023 | 17.03% | 7.94% |
| Dec 31, 2022 | 12.49% | 5.43% |
| Dec 31, 2021 | 23.72% | 8.36% |
| Dec 31, 2020 | 18.29% | 4.69% |
| Dec 31, 2019 | 13.86% | 6.30% |
| Dec 31, 2018 | 22.72% | 7.37% |
| Dec 31, 2017 | 18.85% | 9.22% |
| Dec 31, 2016 | 15.73% | 6.13% |
| Dec 31, 2015 | 7.46% | 5.86% |
| Dec 31, 2014 | 7.32% | 4.94% |
| Dec 31, 2013 | 8.38% | 5.87% |
| Dec 31, 2012 | 0.35% | 3.63% |
Based on: 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).