Market Cap : 497.5 B | Enterprise Value : 460.77 B | PE Ratio : 13.77 | PB Ratio : 4.00 |
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Meta Platforms's net income for the three months ended in Mar. 2022 was $7,465 Mil. Its net income for the trailing twelve months (TTM) ended in Mar. 2022 was $37,338 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Meta Platforms's Earnings per Share (Diluted) for the three months ended in Mar. 2022 was $2.72.
The historical data trend for Meta Platforms's Net Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
Meta Platforms's Net Income for the fiscal year that ended in Dec. 2021 is calculated as
Net Income | (A: Dec. 2021 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 47284 | + | -7914 | + | 0 | + | 0 |
= | 39,370 |
Meta Platforms's Net Income for the quarter that ended in Mar. 2022 is calculated as
Net Income | (Q: Mar. 2022 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 8908 | + | -1443 | + | 0 | + | 0 |
= | 7,465 |
Net Income for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $37,338 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
Meta Platforms's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2022 is calculated as
Earnings per Share (Diluted) (Q: Mar. 2022 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (7465 | - | 0) | / | 2742.000 | |
= | 2.72 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of Meta Platforms's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Newstead Jennifer | officer: VP and General Counsel | C/O FACEBOOK, INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
Fischer David B. | officer: Chief Revenue Officer | C/O FACEBOOK, INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
Wehner David M. | officer: Chief Financial Officer | C/O FACEBOOK, INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
Taylor Susan J.s. | officer: Chief Accounting Officer | C/O LINKEDIN CORPORATION 2029 STIERLIN COURT MOUNTAIN VIEW CA 94043 |
Kimmitt Robert M | director | C/O FACEBOOK, INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
Travis Tracey Thomas | director | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: TRAVIS TRACEY THOMAS a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Sandberg Sheryl | director, officer: Chief Operating Officer | 1 FACEBOOK WAY MENLO PARK CA 94025 |
Killefer Nancy | director | 3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042 |
Houston Andrew | director | 333 BRANNAN STREET SAN FRANCISCO CA 94107 |
Schroepfer Michael Todd | officer: Chief Technology Officer | C/O FACEBOOK INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
Cox Christopher K | officer: Chief Product Officer | C/O FACEBOOK, INC. 1601 WILLOW ROAD MENLO PARK CA 94025 |
Andreessen Marc L | director | C/O ARNOLD & PORTER LLP 3 EMBARCADERO CENTER 7TH FLOOR SAN FRANCISCO CA 94111 |
Alford Peggy | director | 435 TASSO STREET PALO ALTO CA 94301 |
Thiel Peter | director | 9200 SUNSET BOULEVARD SUITE 1110 WEST HOLLYWOOD CA 90069 |
Zients Jeffrey D | director | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: ZIENTS JEFFREY D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
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