Earnings Summary

Meta Platforms Inc’s revenue jumped 27.26% since last year same period to $36455Mn in the Q1 2024. On a quarterly growth basis, Meta Platforms Inc has generated -9.11% fall in its revenue since last 3-months.

Meta Platforms Inc’s net profit jumped 116.66% since last year same period to $12369Mn in the Q1 2024. On a quarterly growth basis, Meta Platforms Inc has generated -11.76% fall in its net profits since last 3-months.

Meta Platforms Inc’s net profit margin jumped 70.24% since last year same period to 33.93% in the Q1 2024. On a quarterly growth basis, Meta Platforms Inc has generated -2.91% fall in its net profit margins since last 3-months.

Meta Platforms Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 26.53.

Meta Platforms Inc’s earning per share (EPS) estimates for the current quarter stand at 4.72 - a 9.26% jump from last quarter’s estimates.

Meta Platforms Inc’s earning per share (EPS) estimates for the current year stand at 4.72.

Meta Platforms Inc’s earning per share (EPS) jumped 114.09% since last year same period to 4.71 in the Q1 2024. This indicates that the Meta Platforms Inc has generated 114.09% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Meta Platforms Inc’s return on assets (ROA) stands at 0.17.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Meta Platforms Inc’s return on equity (ROE) stands at 0.33.

Meta Platforms Inc declared 0.5 dividend per share during the earnings announcement for Q1 2024.