Return On Asset ratio Analysis of Meta Platforms Inc. - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Good ROA
12.95
Period Ending - Dec-22
Good ROA
12.49
Growth
3.66 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Excellent ROA
21.59
Most recent Quarter ROA
Period Ending - Mar-24
Excellent ROA
5.55
ROA Analysis of Meta Platforms Inc.
ROA Ratio of Meta Platforms Inc. with value of 21.59 means good return on Assets in trailing twelve months. |
ROA Ratio of META has grown by 3.66 % Compared to previous Financial Year. |
ROA Ratio with value of 23.72 was highest in Year Dec-21 in last Five Years. |
ROA Ratio with value of 12.49 was lowest in Year Dec-22 in last Five Years. |
Latest ROA Ratio with value of 12.95 is lower than Average ROA of 16.26 in last five years. |
Other ROA Related Info of META that may interest you.
Meta Platforms Inc. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
META | 466.83 | 467.05 | 0.0471 % | Internet Content & Information |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Mild Profitability |
FY - Historical Return On Asset of Meta Platforms Inc.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 12.95 | 12.49 | 23.72 | 18.29 | 13.86 | 22.72 | 18.85 |
Change | 3.66 % | -47.34 % | 29.65 % | 32.00 % | -38.99 % | 20.51 % | 19.86 % |
FY Chart of Return On Asset of Meta Platforms Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)