Return on Equity (ROE)
since 2012
Calculation
Meta Platforms Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 25.53% | = | 100 | × | 39,098) | ÷ | 153,168) |
| Dec 31, 2022 | 18.45% | = | 100 | × | 23,200) | ÷ | 125,713) |
| Dec 31, 2021 | 31.53% | = | 100 | × | 39,370) | ÷ | 124,879) |
| Dec 31, 2020 | 22.72% | = | 100 | × | 29,146) | ÷ | 128,290) |
| Dec 31, 2019 | 18.29% | = | 100 | × | 18,485) | ÷ | 101,054) |
| Dec 31, 2018 | 26.28% | = | 100 | × | 22,112) | ÷ | 84,127) |
| Dec 31, 2017 | 21.43% | = | 100 | × | 15,934) | ÷ | 74,347) |
| Dec 31, 2016 | 17.26% | = | 100 | × | 10,217) | ÷ | 59,194) |
| Dec 31, 2015 | 8.34% | = | 100 | × | 3,688) | ÷ | 44,218) |
| Dec 31, 2014 | 8.14% | = | 100 | × | 2,940) | ÷ | 36,096) |
| Dec 31, 2013 | 9.70% | = | 100 | × | 1,500) | ÷ | 15,470) |
| Dec 31, 2012 | 0.45% | = | 100 | × | 53) | ÷ | 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., ROE, long-term trends, comparison to competitors
| Meta Platforms Inc. | Alphabet Inc. | Comcast Corp. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 25.53% | 26.04% | 18.61% | 26.27% | 2.37% |
| Dec 31, 2022 | 18.45% | 23.41% | 6.63% | 21.62% | 3.31% |
| Dec 31, 2021 | 31.53% | 30.22% | 14.73% | 32.28% | 2.25% |
| Dec 31, 2020 | 22.72% | 18.09% | 11.66% | 24.96% | -3.43% |
| Dec 31, 2019 | 18.29% | 17.05% | 15.78% | 24.62% | 12.44% |
| Dec 31, 2018 | 26.28% | 17.30% | 16.38% | 23.12% | 25.83% |
| Dec 31, 2017 | 21.43% | 8.30% | 33.11% | 15.60% | 21.74% |
| Dec 31, 2016 | 17.26% | 14.01% | 16.12% | 6.97% | 21.71% |
| Dec 31, 2015 | 8.34% | 13.59% | 15.62% | 5.52% | 18.83% |
| Dec 31, 2014 | 8.14% | 13.82% | 15.90% | 14.36% | 16.68% |
| Dec 31, 2013 | 9.70% | 14.80% | 13.45% | 8.43% | 13.51% |
| Dec 31, 2012 | 0.45% | 14.97% | 12.57% | 2.30% | 14.29% |
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., ROE, long-term trends, comparison to sector (media & entertainment)
| Meta Platforms Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2023 | 25.53% | 21.29% |
| Dec 31, 2022 | 18.45% | 16.62% |
| Dec 31, 2021 | 31.53% | 23.69% |
| Dec 31, 2020 | 22.72% | 14.90% |
| Dec 31, 2019 | 18.29% | 16.36% |
| Dec 31, 2018 | 26.28% | 20.24% |
| Dec 31, 2017 | 21.43% | 17.88% |
| Dec 31, 2016 | 17.26% | 16.09% |
| Dec 31, 2015 | 8.34% | 13.93% |
| Dec 31, 2014 | 8.14% | 13.96% |
| Dec 31, 2013 | 9.70% | 13.73% |
| Dec 31, 2012 | 0.45% | 13.09% |
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., ROE, long-term trends, comparison to industry (communication services)
| Meta Platforms Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 25.53% | 18.94% |
| Dec 31, 2022 | 18.45% | 13.32% |
| Dec 31, 2021 | 31.53% | 20.34% |
| Dec 31, 2020 | 22.72% | 11.50% |
| Dec 31, 2019 | 18.29% | 15.27% |
| Dec 31, 2018 | 26.28% | 17.89% |
| Dec 31, 2017 | 21.43% | 22.85% |
| Dec 31, 2016 | 17.26% | 16.35% |
| Dec 31, 2015 | 8.34% | 16.38% |
| Dec 31, 2014 | 8.14% | 14.00% |
| Dec 31, 2013 | 9.70% | 16.63% |
| Dec 31, 2012 | 0.45% | 10.32% |
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).