GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (NEOE:META) » Definitions » 1-Year ROIIC %

Meta Platforms (NEOE:META) 1-Year ROIIC % : 83.73% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Meta Platforms 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Meta Platforms's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 83.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Meta Platforms's 1-Year ROIIC % or its related term are showing as below:

NEOE:META's 1-Year ROIIC % is ranked better than
79.64% of 560 companies
in the Interactive Media industry
Industry Median: -1.045 vs NEOE:META: 83.73

Meta Platforms 1-Year ROIIC % Historical Data

The historical data trend for Meta Platforms's 1-Year ROIIC % 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 1-Year ROIIC % Chart

Meta Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.74 57.27 55.91 -56.66 72.67

Meta Platforms Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % 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 4.07 72.67 142.78 152.43 83.73

Competitive Comparison of Meta Platforms's 1-Year ROIIC %

For the Internet Content & Information subindustry, Meta Platforms's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Meta Platforms's 1-Year ROIIC % falls into.



Meta Platforms 1-Year ROIIC % Calculation

Meta Platforms's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 73470.8872 (Sep. 2024) - 40131.3758 (Sep. 2023) )/( 241823.192 (Sep. 2024) - 201956.94 (Sep. 2023) )
=33339.5114/39866.252
=83.63%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Meta Platforms  (NEOE:META) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Meta Platforms 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Meta Platforms's 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Meta Platforms Business Description

Address
1 Meta Way, Menlo Park, CA, USA, 94025
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.