Meta Platforms (FRA:FB2A) ROCE % : 29.22% (As of Mar. 2024)

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

What is Meta Platforms ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Meta Platforms's annualized ROCE % for the quarter that ended in Mar. 2024 was 29.22%.

Meta Platforms ROCE % Historical Data

The historical data trend for Meta Platforms's ROCE % 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 ROCE % Chart

Meta Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

23.23

23.86

33.92

19.70

26.52

Meta Platforms Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															18.43	22.28	31.48	34.98	29.22

Meta Platforms ROCE % Calculation

Meta Platforms's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	43900.458	/	( ( (175326.288 - 25512.544)	+	(210564.291 - 29307.32) )	/ 2 )
	=	43900.458	/	( (149813.744	+	181256.971)	/ 2 )
	=	43900.458	/	165535.3575
	=	26.52 %

Meta Platforms's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	52660.8	/	( ( (210564.291 - 29307.32)	+	(205016.48 - 25852.92) )	/ 2 )
	=	52660.8	/	( ( 181256.971	+	179163.56 )	/ 2 )
	=	52660.8	/	180210.2655
	=	29.22 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Meta Platforms (FRA:FB2A) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Meta Platforms ROCE % Related Terms

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

Meta Platforms (FRA:FB2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (FRA:FB2A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

META:USA META:Peru META:Mexico FB:Italy FB2Ad:UK 0QZI:UK FB2A:Germany METACL:Chile META:Canada M1TA34:Brazil META:Austria

Address

1601 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.facebook.com

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.

Meta Platforms (FRA:FB2A) Headlines

No Headlines