Debt to Equity
since 2012
Calculation
Meta Platforms Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Long-term debt1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.12 | = | 18,385) | ÷ | 153,168) |
| Dec 31, 2022 | 0.08 | = | 9,923) | ÷ | 125,713) |
| Dec 31, 2021 | 0.00 | = | —) | ÷ | 124,879) |
| Dec 31, 2020 | 0.00 | = | —) | ÷ | 128,290) |
| Dec 31, 2019 | 0.00 | = | —) | ÷ | 101,054) |
| Dec 31, 2018 | 0.00 | = | —) | ÷ | 84,127) |
| Dec 31, 2017 | 0.00 | = | —) | ÷ | 74,347) |
| Dec 31, 2016 | 0.00 | = | —) | ÷ | 59,194) |
| Dec 31, 2015 | 0.00 | = | 114) | ÷ | 44,218) |
| Dec 31, 2014 | 0.01 | = | 233) | ÷ | 36,096) |
| Dec 31, 2013 | 0.03 | = | 476) | ÷ | 15,470) |
| Dec 31, 2012 | 0.20 | = | 2,356) | ÷ | 11,755) |
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., debt to equity, long-term trends, comparison to competitors
| Meta Platforms Inc. | Alphabet Inc. | Comcast Corp. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.12 | 0.05 | 1.17 | 0.71 | 0.47 |
| Dec 31, 2022 | 0.08 | 0.06 | 1.17 | 0.69 | 0.51 |
| Dec 31, 2021 | 0.00 | 0.06 | 0.99 | 0.97 | 0.61 |
| Dec 31, 2020 | 0.00 | 0.06 | 1.15 | 1.47 | 0.70 |
| Dec 31, 2019 | 0.00 | 0.02 | 1.24 | 1.95 | 0.53 |
| Dec 31, 2018 | 0.00 | 0.02 | 1.56 | 1.98 | 0.43 |
| Dec 31, 2017 | 0.00 | 0.03 | 0.94 | 1.81 | 0.61 |
| Dec 31, 2016 | 0.00 | 0.03 | 1.13 | 1.26 | 0.47 |
| Dec 31, 2015 | 0.00 | 0.04 | 1.01 | 1.07 | 0.39 |
| Dec 31, 2014 | 0.01 | 0.05 | 0.92 | 0.48 | 0.33 |
| Dec 31, 2013 | 0.03 | 0.06 | 0.94 | 0.37 | 0.31 |
| Dec 31, 2012 | 0.20 | 0.08 | 0.82 | 0.54 | 0.36 |
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., debt to equity, long-term trends, comparison to sector (media & entertainment)
| Meta Platforms Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2023 | 0.12 | 0.30 |
| Dec 31, 2022 | 0.08 | 0.31 |
| Dec 31, 2021 | 0.00 | 0.31 |
| Dec 31, 2020 | 0.00 | 0.36 |
| Dec 31, 2019 | 0.00 | 0.35 |
| Dec 31, 2018 | 0.00 | 0.38 |
| Dec 31, 2017 | 0.00 | 0.29 |
| Dec 31, 2016 | 0.00 | 0.30 |
| Dec 31, 2015 | 0.00 | 0.29 |
| Dec 31, 2014 | 0.01 | 0.29 |
| Dec 31, 2013 | 0.03 | 0.34 |
| Dec 31, 2012 | 0.20 | 0.36 |
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., debt to equity, long-term trends, comparison to industry (communication services)
| Meta Platforms Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 0.12 | 0.62 |
| Dec 31, 2022 | 0.08 | 0.65 |
| Dec 31, 2021 | 0.00 | 0.65 |
| Dec 31, 2020 | 0.00 | 0.67 |
| Dec 31, 2019 | 0.00 | 0.62 |
| Dec 31, 2018 | 0.00 | 0.71 |
| Dec 31, 2017 | 0.00 | 0.75 |
| Dec 31, 2016 | 0.00 | 0.75 |
| Dec 31, 2015 | 0.00 | 0.81 |
| Dec 31, 2014 | 0.01 | 0.81 |
| Dec 31, 2013 | 0.03 | 0.75 |
| Dec 31, 2012 | 0.20 | 0.62 |
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).