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Meta Platforms (META)

(Real Time Quote from BATS)

$494.27 USD

494.27
5,247,800

+14.83 (3.09%)

Updated Apr 23, 2024 11:20 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value B Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (65 out of 252)

Industry: Internet - Software

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for META

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Meta Platforms, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 65,403 40,738 47,998 61,954 54,855
Receivables 16,169 13,466 14,039 11,335 9,518
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 3,793 5,345 4,629 2,381 1,852
Total Current Assets 85,365 59,549 66,666 75,670 66,225
Net Property & Equipment 96,587 79,518 57,809 45,633 35,323
Investments & Advances 6,141 6,201 6,775 6,234 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 21,442 21,203 19,831 19,673 19,609
Deposits & Other Assets 6,794 6,583 2,751 2,758 2,759
Total Assets 229,623 185,727 165,987 159,316 133,376
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 4,849 4,990 4,083 1,331 1,363
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 24,625 19,552 14,312 11,152 11,735
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 863 1,117 1,613 1,475 1,155
Total Current Liabilities 31,960 27,026 21,135 14,981 15,053
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 18,385 9,923 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 8,884 7,764 7,227 6,414 7,745
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 76,455 60,014 41,108 31,026 32,322
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 73,253 64,444 55,811 50,018 45,851
Retained Earnings 82,070 64,799 69,761 77,345 55,692
Other Equity -2,155 -3,530 -693 927 -489
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 153,168 125,713 124,879 128,290 101,054
Total Liabilities & Shareholder's Equity 229,623 185,727 165,987 159,316 133,376
Total Common Equity 153,168 125,713 124,879 128,290 101,054
Shares Outstanding 2,549.40 2,592.60 2,721.90 2,847.60 2,852.00
Book Value Per Share 60.08 48.49 45.88 45.05 35.43

Fiscal Year End for Meta Platforms, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 65,403 61,123 53,446 37,439
Receivables NA 16,169 12,944 12,511 11,044
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 3,793 4,311 3,603 4,000
Total Current Assets NA 85,365 78,378 69,560 52,483
Net Property & Equipment NA 96,587 91,772 87,949 84,156
Investments & Advances NA 6,141 6,142 6,208 6,167
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 21,442 21,481 21,515 21,598
Deposits & Other Assets NA 6,794 5,468 8,501 7,188
Total Assets NA 229,623 216,274 206,688 184,491
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 4,849 4,372 3,093 3,672
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 24,625 23,929 24,660 19,345
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 863 770 772 885
Total Current Liabilities NA 31,960 30,531 29,921 25,381
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 18,385 18,383 18,382 9,925
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 8,113 7,912 8,219
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 76,455 73,401 72,655 59,696
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 73,253 71,224 69,159 66,535
Retained Earnings NA 82,070 75,205 67,980 61,241
Other Equity NA -2,155 -3,556 -3,106 -2,981
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 153,168 142,873 134,033 124,795
Total Liabilities & Shareholder's Equity NA 229,623 216,274 206,688 184,491
Total Common Equity 0 153,168 142,873 134,033 124,795
Shares Outstanding 2,549.40 2,549.40 2,569.80 2,573.10 2,562.70
Book Value Per Share 0.00 60.08 55.60 52.09 48.70