Meta Platforms, Inc.

NasdaqGS META

Meta Platforms, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 41.45%

Meta Platforms, Inc. EBIT Margin is 41.45% for the Trailing 12 Months (TTM) ending September 30, 2024, a 23.65% change year over year. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.

Meta Platforms, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 33.53%, a 12.72% change year over year.
Meta Platforms, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 29.74%, a -28.83% change year over year.
Meta Platforms, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 41.79%, a 14.78% change year over year.
Meta Platforms, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 36.41%, a -13.33% change year over year.

Key data

Date	EBIT Margin	EPS (Basic)	EPS (Diluted)	Shares (Basic, Weighted)

NasdaqGS: META

Meta Platforms, Inc.

CEO	Mr. Mark Elliot Zuckerberg
IPO Date	May 18, 2012
Location	United States
Headquarters	1601 Willow Road
Employees	72,404
Sector	Technology
Industries Virtual Reality (VR) Smartphones

Description

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.

Key trends

Past 5 years