# Meta Platforms Inc. (META) fundamentals

Data as of 2026-10-23. NASDAQ, United States. Sector: Communication Services / Diversified Telecommunication Services. Price $648.85, market value $1.65 trillion.

## Valuation
- **P/E (trailing): 22.1×** (5-yr avg 22.8×, 3-yr avg 25.4×). Meta Platforms Inc. trades at 22.1× trailing earnings, close to its own five-year average of 22.8×. The Communication Services median in the September 2026 study was 21.1×. Forward P/E is 18.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 7.2×**. Each dollar of revenue is priced at 7.2×.
- **Price / book: 6.1×**. The shares trade at 6.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 15.3×**. Enterprise value is 15.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 2.5%** (5-yr avg 4.2%). Free cash flow equals 2.5% of the market value, below its five-year average of 4.2%, so the shares are pricier on cash than usual.
- **Earnings yield: 4.5%**. The inverse of the P/E: 4.5% of the price is earned each year.

## Profitability
- **Operating margin: 38.1%**. 38.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 30.1%**. 30.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 27.8%**. 27.8% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 28.6%**. Return on all capital, debt included, is 28.6%: comfortably above what that capital costs.
- **Return on assets: 18.6%**. Each dollar of assets produces 18.6% of profit.

## Growth
- **Revenue growth (1 yr): 22.2%** (3-yr 19.9%/yr, 5-yr 18.5%/yr). Revenue grew 22.2% over the last year, against 18.5% a year compounded over five years.
- **EPS growth (1 yr): -1.6%** (3-yr 39.8%/yr, 5-yr 18.4%/yr). Earnings per share fell 1.6%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 33.7%/yr**. Free cash flow has compounded at 33.7% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.27**. Debt is 0.27 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.2×**. It would take 0.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 2.60** (quick 2.60). Current assets cover the next year's liabilities 2.60 times.
- **Altman Z-score: 9.02**. A Z-score of 9.02 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.32%** ($2.10 per share, trailing). Meta Platforms Inc. yields 0.32%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 9%**. 9% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.

## Analyst view
- **Analyst consensus: strong_buy** (58 analysts). 58 analysts cover Meta Platforms Inc.; the consensus is strong_buy, with an average price target of $814.51 (+26% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -11.3%** (YTD -1.5%, 3-mo 7.1%). The shares are down 11.3% over twelve months including dividends.
- **From 52-week high: -16.8%** (24.7% above the low). Trading 17% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): 1.44** (volatility 43%). Beta of 1.44 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=META · Page: https://foliofundamentals.com/stocks/meta

Not investment advice.