Total Asset Turnover
since 2012
Calculation
Meta Platforms Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.59 | = | 134,902) | ÷ | 229,623) |
| Dec 31, 2022 | 0.63 | = | 116,609) | ÷ | 185,727) |
| Dec 31, 2021 | 0.71 | = | 117,929) | ÷ | 165,987) |
| Dec 31, 2020 | 0.54 | = | 85,965) | ÷ | 159,316) |
| Dec 31, 2019 | 0.53 | = | 70,697) | ÷ | 133,376) |
| Dec 31, 2018 | 0.57 | = | 55,838) | ÷ | 97,334) |
| Dec 31, 2017 | 0.48 | = | 40,653) | ÷ | 84,524) |
| Dec 31, 2016 | 0.43 | = | 27,638) | ÷ | 64,961) |
| Dec 31, 2015 | 0.36 | = | 17,928) | ÷ | 49,407) |
| Dec 31, 2014 | 0.31 | = | 12,466) | ÷ | 40,184) |
| Dec 31, 2013 | 0.44 | = | 7,872) | ÷ | 17,895) |
| Dec 31, 2012 | 0.34 | = | 5,089) | ÷ | 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., total asset turnover, long-term trends, comparison to competitors
| Meta Platforms Inc. | Alphabet Inc. | Comcast Corp. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.59 | 0.76 | 0.46 | 0.69 | 0.43 |
| Dec 31, 2022 | 0.63 | 0.77 | 0.47 | 0.65 | 0.41 |
| Dec 31, 2021 | 0.71 | 0.72 | 0.42 | 0.67 | 0.33 |
| Dec 31, 2020 | 0.54 | 0.57 | 0.38 | 0.64 | 0.32 |
| Dec 31, 2019 | 0.53 | 0.59 | 0.41 | 0.59 | 0.36 |
| Dec 31, 2018 | 0.57 | 0.59 | 0.38 | 0.61 | 0.60 |
| Dec 31, 2017 | 0.48 | 0.56 | 0.45 | 0.61 | 0.58 |
| Dec 31, 2016 | 0.43 | 0.54 | 0.45 | 0.65 | 0.60 |
| Dec 31, 2015 | 0.36 | 0.51 | 0.45 | 0.66 | 0.59 |
| Dec 31, 2014 | 0.31 | 0.50 | 0.43 | 0.78 | 0.58 |
| Dec 31, 2013 | 0.44 | 0.54 | 0.41 | 0.81 | 0.55 |
| Dec 31, 2012 | 0.34 | 0.53 | 0.38 | 0.91 | 0.56 |
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., total asset turnover, long-term trends, comparison to sector (media & entertainment)
| Meta Platforms Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2023 | 0.59 | 0.60 |
| Dec 31, 2022 | 0.63 | 0.60 |
| Dec 31, 2021 | 0.71 | 0.56 |
| Dec 31, 2020 | 0.54 | 0.47 |
| Dec 31, 2019 | 0.53 | 0.48 |
| Dec 31, 2018 | 0.57 | 0.51 |
| Dec 31, 2017 | 0.48 | 0.52 |
| Dec 31, 2016 | 0.43 | 0.51 |
| Dec 31, 2015 | 0.36 | 0.49 |
| Dec 31, 2014 | 0.31 | 0.48 |
| Dec 31, 2013 | 0.44 | 0.49 |
| Dec 31, 2012 | 0.34 | 0.46 |
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., total asset turnover, long-term trends, comparison to industry (communication services)
| Meta Platforms Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 0.59 | 0.48 |
| Dec 31, 2022 | 0.63 | 0.47 |
| Dec 31, 2021 | 0.71 | 0.45 |
| Dec 31, 2020 | 0.54 | 0.41 |
| Dec 31, 2019 | 0.53 | 0.43 |
| Dec 31, 2018 | 0.57 | 0.45 |
| Dec 31, 2017 | 0.48 | 0.46 |
| Dec 31, 2016 | 0.43 | 0.48 |
| Dec 31, 2015 | 0.36 | 0.46 |
| Dec 31, 2014 | 0.31 | 0.49 |
| Dec 31, 2013 | 0.44 | 0.47 |
| Dec 31, 2012 | 0.34 | 0.48 |
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).