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Meta Platforms Inc   (META)
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Meta Platforms Inc 's Net Profit Margin by quarter

Trends, Rankings, Statistics



META Net Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change 24.71 % 23.21 % 11.02 % 2.64 % -4.47 %
Seq. Revenue Change 17.47 % 6.71 % 11.71 % -10.94 % 16.06 %
Revenue In Millions $40,112.00 $34,146.00 $31,999.00 $28,645.00 $32,165.00
Net Profit Margin 34.95 % 33.92 % 24.34 % 19.93 % 14.47 %
Net Profit Margin Total Ranking # 254 # 328 # 629 # 823 # 1337
Net Income In Millions $14,018.00 $11,583.00 $7,788.00 $5,709.00 $4,653.00
Y / Y Net Income Change 201.27 % 163.55 % 16.46 % -23.52 % -54.76 %
Seq. Net Income Change 21.02 % 48.73 % 36.42 % 22.7 % 5.87 %


Commenting fourth Quarter 2023 Net Profit Margin
Meta Platforms Inc Net Income grew by 21.02 % in IV. Quarter sequentially to 14,018 millions, while Revenue increased by 17.47 %, this led to improvement in the company's Net Profit Margin to 34.95 %, above the Meta Platforms Inc average Net Profit Margin.

Observing fourth quarter 2023 results within Internet Services & Social Media industry only one other company has achieved higher Net Profit Margin. While Net Profit Margin total ranking has impoved so far to 254, from total ranking in previous quarter at 328.
Net Margin Formula
META's Net Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Internet Services & Social Media Industry # 2
Technology Sector # 23
Overall # 254

Net Profit Margin Statistics
High Average Low
48.38 % 27.73 % 4.04 %
(Dec 31 2016)   (Dec. 31, 2012)




Other Net Profit Margin Profitability Ratios
META's Cumulative Net Profit Margin
Internet Services & Social Media Industry Net Profit Margin Trends and Statistics
Technology Sector Net Profit Margin Statistics
Net Profit Margin Profitability Trends for overall market
META's Net Profit Margin Profitability versus Internet Services & Social Media Industry, Technology Sector and total Market
Highest Ranking Net Profit Margin
Lowest Ranking Net Profit Margin
Net Profit Margin Profit Margin for META's Competitors
Net Profit Margin Profit Margin for Meta Platforms Inc 's Suppliers
Net Profit Margin Profit Margin for META's Customers

You may also want to know
META's Annual Growth Rates META's Profitability Ratios META's Asset Turnover Ratio META's Dividend Growth
META's Roe META's Valuation Ratios META's Financial Strength Ratios META's Net Income Growth
META's Roa META's Inventory Turnover Ratio META's Growth Rates META's Dividend Comparisons


Companies with similar Net Profit Margin in the quarter ending Dec 31 2023, within Internet Services & Social Media Industry Net Profit MarginDec 31 2023 MRQ Net IncomeDec 31 2023 MRQ Revenue
Thomson Reuters Corporation  39.67 %$ 2,695.000 $ 6,794.000 
Meta Platforms Inc   34.95 %$ 14,018.000 $ 40,112.000 
Factset Research Systems Inc   27.40 %$ 148.555 $ 542.216 
Match Group Inc   26.49 %$ 229.444 $ 866.228 
Alphabet Inc   23.97 %$ 20,687.000 $ 86,310.000 
Pubmatic Inc   22.12 %$ 18.702 $ 84.529 
Pinterest Inc   20.50 %$ 201.178 $ 981.262 
Doubleverify Holdings Inc   19.22 %$ 33.105 $ 172.231 
Applovin Corporation  18.07 %$ 172.233 $ 953.261 
Magnite Inc   16.54 %$ 30.914 $ 186.932 
Trade Desk Inc   16.07 %$ 97.323 $ 605.797 
Baidu Inc   16.01 %$ 3,036.000 $ 18,958.000 
Premier Inc   15.81 %$ 52.866 $ 334.283 
Gartner Inc   12.84 %$ 208.631 $ 1,624.644 
Digitalocean Holdings Inc   8.78 %$ 15.939 $ 181.469 
Ceva Inc   7.94 %$ 3.769 $ 47.455 
Vimeo inc   7.94 %$ 8.395 $ 105.770 
Franklin Covey Co   7.09 %$ 4.851 $ 68.399 
Rentokil Initial Plc  7.09 %$ 381.000 $ 5,375.000 




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