Net Profit Margin
since 2012
Calculation
Meta Platforms Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 28.98% | = | 100 | × | 39,098) | ÷ | 134,902) |
| Dec 31, 2022 | 19.90% | = | 100 | × | 23,200) | ÷ | 116,609) |
| Dec 31, 2021 | 33.38% | = | 100 | × | 39,370) | ÷ | 117,929) |
| Dec 31, 2020 | 33.90% | = | 100 | × | 29,146) | ÷ | 85,965) |
| Dec 31, 2019 | 26.15% | = | 100 | × | 18,485) | ÷ | 70,697) |
| Dec 31, 2018 | 39.60% | = | 100 | × | 22,112) | ÷ | 55,838) |
| Dec 31, 2017 | 39.20% | = | 100 | × | 15,934) | ÷ | 40,653) |
| Dec 31, 2016 | 36.97% | = | 100 | × | 10,217) | ÷ | 27,638) |
| Dec 31, 2015 | 20.57% | = | 100 | × | 3,688) | ÷ | 17,928) |
| Dec 31, 2014 | 23.58% | = | 100 | × | 2,940) | ÷ | 12,466) |
| Dec 31, 2013 | 19.05% | = | 100 | × | 1,500) | ÷ | 7,872) |
| Dec 31, 2012 | 1.04% | = | 100 | × | 53) | ÷ | 5,089) |
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., net profit margin, long-term trends, comparison to competitors
| Meta Platforms Inc. | Alphabet Inc. | Comcast Corp. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 28.98% | 24.01% | 12.66% | 16.04% | 2.65% |
| Dec 31, 2022 | 19.90% | 21.20% | 4.42% | 14.21% | 3.80% |
| Dec 31, 2021 | 33.38% | 29.51% | 12.17% | 17.23% | 2.96% |
| Dec 31, 2020 | 33.90% | 22.06% | 10.17% | 11.05% | -4.38% |
| Dec 31, 2019 | 26.15% | 21.22% | 11.99% | 9.26% | 15.89% |
| Dec 31, 2018 | 39.60% | 22.46% | 12.41% | 7.67% | 21.20% |
| Dec 31, 2017 | 39.20% | 11.42% | 26.87% | 4.78% | 16.29% |
| Dec 31, 2016 | 36.97% | 21.58% | 10.81% | 2.11% | 16.88% |
| Dec 31, 2015 | 20.57% | 21.80% | 10.96% | 1.81% | 15.98% |
| Dec 31, 2014 | 23.58% | 21.88% | 12.18% | 4.85% | 15.37% |
| Dec 31, 2013 | 19.05% | 21.60% | 10.54% | 2.57% | 13.62% |
| Dec 31, 2012 | 1.04% | 21.40% | 9.91% | 0.48% | 13.44% |
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., net profit margin, long-term trends, comparison to sector (media & entertainment)
| Meta Platforms Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2023 | 28.98% | 19.82% |
| Dec 31, 2022 | 19.90% | 15.14% |
| Dec 31, 2021 | 33.38% | 23.20% |
| Dec 31, 2020 | 33.90% | 17.27% |
| Dec 31, 2019 | 26.15% | 18.28% |
| Dec 31, 2018 | 39.60% | 21.63% |
| Dec 31, 2017 | 39.20% | 20.09% |
| Dec 31, 2016 | 36.97% | 18.25% |
| Dec 31, 2015 | 20.57% | 16.19% |
| Dec 31, 2014 | 23.58% | 16.64% |
| Dec 31, 2013 | 19.05% | 15.12% |
| Dec 31, 2012 | 1.04% | 13.86% |
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., net profit margin, long-term trends, comparison to industry (communication services)
| Meta Platforms Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 28.98% | 16.68% |
| Dec 31, 2022 | 19.90% | 11.47% |
| Dec 31, 2021 | 33.38% | 18.71% |
| Dec 31, 2020 | 33.90% | 11.50% |
| Dec 31, 2019 | 26.15% | 14.63% |
| Dec 31, 2018 | 39.60% | 16.42% |
| Dec 31, 2017 | 39.20% | 19.83% |
| Dec 31, 2016 | 36.97% | 12.81% |
| Dec 31, 2015 | 20.57% | 12.78% |
| Dec 31, 2014 | 23.58% | 10.11% |
| Dec 31, 2013 | 19.05% | 12.57% |
| Dec 31, 2012 | 1.04% | 7.58% |
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).