Meta Platforms Inc (META)
567.16
-0.42
(-0.07%)
USD |
NASDAQ |
Nov 01, 16:00
565.50
-1.66
(-0.29%)
After-Hours: 20:00
Meta Platforms Gross Profit Margin (Quarterly): 81.83% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 81.83% |
| June 30, 2024 | 81.30% |
| 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% |
| Date | Value |
|---|---|
| June 30, 2018 | 83.27% |
| March 31, 2018 | 83.90% |
| 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% |
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
80.50%
Average
80.98%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Alphabet Inc | 58.68% |
| Snap Inc | 53.45% |
| Pinterest Inc | 78.35% |
| DoorDash Inc | 49.22% |
| Netflix Inc | 47.89% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 36.21% |
| Return on Assets | 24.03% |
| Return on Invested Capital | 31.95% |
| Profit Margin (Quarterly) | 38.65% |
| Operating Margin (Quarterly) | 42.75% |
| Return on Net Operating Assets | 35.67% |