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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargetsShould I Buy?

Meta Platforms, Inc. (META) Quarterly Financial Ratios

Last 48 quarters of trend data · Technology · Internet Content & Information

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Meta Platforms, Inc.'s quarterly P/E stands at 13.7x, down 38.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 24.9% YoY to 13.3x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →25.7513.7018.60174.8525.8422.4118.2523.7324.4325.7716.6017.1024.08
—-38.9%+1.9%+636.7%+5.8%-13.1%+9.9%+38.8%+1.5%+7.0%-2.9%-17.3%+46.9%
P/S Ratio7.636.517.099.229.988.827.919.178.428.745.805.805.86
—-26.2%-10.3%+0.5%+18.5%+0.9%+36.3%+57.9%+43.8%+82.0%+135.0%+76.5%+54.3%
P/B Ratio7.176.027.829.739.728.078.389.058.398.526.085.555.59
—-25.4%-6.7%+7.6%+15.8%-5.4%+37.9%+63.0%+50.1%+93.4%+140.5%+88.9%+60.8%
P/FCF33.2527.7228.6442.2752.5633.6728.2122.6029.3824.8119.8314.3016.89
—-17.7%+1.5%+87.1%+78.9%+35.7%+42.3%+58.0%+73.9%+29.1%+36.5%-95.0%-28.6%
EV / EBITDA15.5213.2514.4818.9219.5117.6413.8017.4717.8818.6111.8411.9315.75
—-24.9%+5.0%+8.3%+9.1%-5.2%+16.5%+46.5%+13.5%+28.2%+26.1%-0.6%+47.7%
EV / EBIT18.9915.9516.7622.0423.2820.3216.1320.7121.6922.3613.6713.9920.11
—-21.5%+3.9%+6.4%+7.3%-9.1%+18.0%+48.1%+7.9%+16.3%+6.1%-16.1%+49.5%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Meta Platforms, Inc.'s operating margin was 40.6% in Q1 2026, down 0.7 pp QoQ and down 0.9 pp YoY.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin82.0%81.9%81.8%82.0%82.1%82.1%81.7%81.8%81.3%81.8%80.8%81.8%81.4%
—-0.3%+0.1%+0.2%+1.0%+0.4%+1.1%+0.0%-0.2%+4.0%+9.1%+3.1%-0.7%
Operating Margin41.4%40.6%41.3%40.1%43.0%41.5%48.3%42.7%38.0%37.9%40.8%40.3%29.4%
—-2.1%-14.4%-6.2%+13.2%+9.5%+18.2%+6.2%+29.5%+50.2%+105.3%+97.0%+1.2%
Net Margin30.1%47.5%38.0%5.3%38.6%39.3%43.1%38.7%34.5%33.9%34.9%33.9%24.3%
—+20.9%-11.7%-86.3%+12.0%+15.9%+23.2%+13.9%+41.6%+70.2%+141.6%+113.9%+4.9%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE30.2%11.6%11.1%1.4%9.6%9.1%12.0%9.8%8.8%8.2%9.5%8.4%6.0%
—+28.3%-7.8%-85.7%+9.7%+10.8%+26.8%+16.7%+46.1%+79.3%+154.2%+137.8%+12.0%
ROA18.8%7.0%6.8%0.9%6.4%6.0%7.8%6.4%5.9%5.5%6.3%5.5%4.0%
—+17.5%-13.1%-86.0%+7.3%+9.5%+24.5%+17.7%+49.3%+77.3%+146.3%+117.3%-0.6%
ROIC27.6%6.0%7.4%6.6%7.0%6.7%9.8%7.8%7.0%6.8%8.5%7.3%5.0%
—-10.4%-24.3%-15.8%-0.3%-2.1%+16.0%+7.7%+40.5%+75.5%+140.7%+126.6%+0.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Meta Platforms, Inc.'s Debt/EBITDA ratio is 3.0x, up from 2.8x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 11.8% YoY to 2.35x, tightening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.390.360.390.260.250.270.270.300.240.250.240.250.27
—+33.0%+43.8%-11.7%+4.8%+6.3%+10.5%+17.6%-10.3%+13.9%+14.9%+21.5%+111.5%
Debt / EBITDA0.823.012.782.002.002.311.762.292.062.191.902.183.01
—+30.2%+57.8%-12.7%-2.7%+5.4%-7.4%+5.2%-31.8%-22.6%-37.2%-34.0%+93.9%
Current Ratio2.602.352.601.981.972.662.982.732.832.682.672.572.32
—-11.8%-12.7%-27.6%-30.3%-0.7%+11.5%+6.4%+21.7%+29.6%+21.2%-0.1%-7.7%
Quick Ratio2.602.352.601.981.972.662.982.732.832.682.672.572.32
—-11.8%-12.7%-27.6%-30.3%-0.7%+11.5%+6.4%+21.7%+29.6%+21.2%-0.1%-7.7%
Interest Coverage——36.8196.4386.2077.5994.8386.68119.02112.68124.58101.8681.11
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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META — Frequently Asked Questions

Quick answers to the most common questions about buying META stock.

What is Meta Platforms, Inc.'s quarterly P/E ratio trend?

Meta Platforms, Inc.'s current P/E is 25.8x. The average P/E over the last 4 quarters is 58.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Meta Platforms, Inc.'s margins change by quarter?

Meta Platforms, Inc.'s current operating margin is 41.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at META quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Meta Platforms, Inc.'s business trajectory between earnings reports.

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