Meta Platforms Inc (META)
430.17
-2.45
(-0.57%)
USD |
NASDAQ |
Apr 30, 16:00
427.50
-2.67
(-0.62%)
After-Hours: 20:00
Meta Platforms Gross Profit Margin (Quarterly): 81.79% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 81.79% |
| December 31, 2023 | 80.82% |
| September 30, 2023 | 81.81% |
| June 30, 2023 | 81.42% |
| March 31, 2023 | 78.68% |
| December 31, 2022 | 74.08% |
| September 30, 2022 | 79.38% |
| June 30, 2022 | 81.99% |
| March 31, 2022 | 78.48% |
| December 31, 2021 | 81.15% |
| September 30, 2021 | 80.11% |
| June 30, 2021 | 81.43% |
| March 31, 2021 | 80.39% |
| December 31, 2020 | 81.44% |
| September 30, 2020 | 80.47% |
| June 30, 2020 | 79.51% |
| March 31, 2020 | 80.50% |
| December 31, 2019 | 83.44% |
| September 30, 2019 | 82.13% |
| June 30, 2019 | 80.42% |
| March 31, 2019 | 81.32% |
| December 31, 2018 | 83.47% |
| September 30, 2018 | 82.39% |
| June 30, 2018 | 83.27% |
| March 31, 2018 | 83.90% |
| Date | Value |
|---|---|
| December 31, 2017 | 87.58% |
| September 30, 2017 | 85.98% |
| June 30, 2017 | 86.73% |
| March 31, 2017 | 85.57% |
| December 31, 2016 | 88.11% |
| September 30, 2016 | 85.92% |
| June 30, 2016 | 85.75% |
| March 31, 2016 | 84.43% |
| December 31, 2015 | 85.89% |
| September 30, 2015 | 84.00% |
| June 30, 2015 | 83.47% |
| March 31, 2015 | 81.54% |
| December 31, 2014 | 83.07% |
| September 30, 2014 | 82.36% |
| June 30, 2014 | 83.75% |
| March 31, 2014 | 81.53% |
| December 31, 2013 | 81.01% |
| September 30, 2013 | 74.85% |
| June 30, 2013 | 74.35% |
| March 31, 2013 | 71.67% |
| December 31, 2012 | 74.95% |
| September 30, 2012 | 74.48% |
| June 30, 2012 | 69.00% |
| March 31, 2012 | 73.82% |
| December 31, 2011 | 78.16% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
74.08%
Minimum
Dec 2022
83.44%
Maximum
Dec 2019
80.47%
Average
80.66%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Alphabet Inc | 58.14% |
| Snap Inc | 51.89% |
| Pinterest Inc | 81.85% |
| Getty Images Holdings Inc | 72.26% |
| Match Group Inc | 75.97% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 32.48% |
| Return on Assets | 21.59% |
| Return on Invested Capital | 29.04% |
| Profit Margin (Quarterly) | 33.93% |
| Operating Margin (Quarterly) | 37.90% |
| Return on Net Operating Assets | 31.44% |