GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (NAS:META) » Definitions » Pre-Tax Income
中文

Meta Platforms (Meta Platforms) Pre-Tax Income : $47,427 Mil (TTM As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Meta Platforms Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Meta Platforms's pretax income for the three months ended in Dec. 2023 was $16,807 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $47,427 Mil. Meta Platforms's pretax margin was 41.90%.

During the past 13 years, Meta Platforms's highest Pretax Margin was 50.66%. The lowest was 24.71%. And the median was 39.00%.


Meta Platforms Pre-Tax Income Historical Data

The historical data trend for Meta Platforms's Pre-Tax 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.

* Premium members only.

Meta Platforms Pre-Tax Income Chart

Meta Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,812.00 33,180.00 47,284.00 28,819.00 47,428.00

Meta Platforms Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,149.00 7,307.00 9,293.00 14,020.00 16,807.00

Competitive Comparison of Meta Platforms's Pre-Tax Income

For the Internet Content & Information subindustry, Meta Platforms's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meta Platforms's Pre-Tax Income Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Meta Platforms's Pre-Tax Income falls into.



Meta Platforms Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Meta Platforms's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=46751+-366+-446+1639+-150
=47,428

Meta Platforms's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=16384+-61+-136+588+32
=16,807

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $47,427 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.


Meta Platforms  (NAS:META) Pre-Tax Income Explanation

Meta Platforms's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=16807/40111
=41.90%

During the past 13 years, Meta Platforms's highest Pretax Margin was 50.66%. The lowest was 24.71%. And the median was 39.00%.

* 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.


Meta Platforms Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Meta Platforms's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Meta Platforms (Meta Platforms) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.
Executives
Mark Zuckerberg director, 10 percent owner, officer: COB and CEO C/O META PLATFORMS, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Jennifer Newstead officer: VP and General Counsel C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Christopher K Cox officer: Chief Product Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Javier Olivan officer: Chief Operating Officer 62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Nicholas Clegg officer: President, Global Affairs C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Andrew Bosworth officer: Chief Technology Officer C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Susan J Li officer: Chief Financial Officer ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Aaron Anderson officer: Chief Accounting Officer C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Taylor Susan J.s. officer: Chief Accounting Officer C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Marne L. Levine officer: Chief Business Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
David M. Wehner officer: Chief Financial Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Tony Xu director C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
David B. Fischer officer: Chief Revenue Officer C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Michael Todd Schroepfer officer: Chief Technology Officer C/O FACEBOOK INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Marc L Andreessen director C/O ARNOLD & PORTER LLP, 3 EMBARCADERO CENTER 7TH FLOOR, SAN FRANCISCO CA 94111

Meta Platforms (Meta Platforms) Headlines

From GuruFocus

Q2 2021 Facebook Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Facebook Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2020 Facebook Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2022 Meta Platforms Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2021 Facebook Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2019 Facebook Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Facebook Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Facebook Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024