CHARGED ALPHATMFrontier AI stock research

META · NasdaqGS

Meta Platforms Inc.

Internet Content & Information · United States

USD 606.73-1.3% daily changeQuote 2026-11-02 · USD
Market cap (USD)
US$1.55T
Trailing P/E
20.98x
Forward P/E
17.05x
Quarterly revenue growth
26.1%
Trailing net margin
31.1%
Indicated dividend yield
0.3%

Snapshot 2026-11-03 · Latest financial period 2026-09-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2027-01-27 (provider estimate; issuer confirmation unavailable here).

Company background

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through Instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Meta AI, an assistant that's available across apps, as a stand-alone app, on AI glasses, and on the web; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact. The RL segment provides virtual and augmented reality products, including consumer hardware, software, and content that help people feel connected, as well as Meta Quest devices that enable social experiences across gaming, fitness, entertainment, and more. The segment also includes wearables such as AI glasses like Ray Ban Meta and Oakley Meta glasses; and the Meta Ray Ban Display, which combines AI glasses with an integrated lens display and the Meta Neural Band, a wrist worn device using electromyography that lets people control their AI glasses through neuromuscular signals. Meta Platforms, Inc. has a collaboration with Microsoft Corporation, NVIDIA Corporation, Advanced Micro Devices, Inc., Broadcom Inc., and OpenAI, L.L.C. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.

Company website

Q2 2026

Go beyond the headline.

Meta (META): Free Cash Flow Fell 91% While Revenue Grew 28% — Moat or Money Pit?

Published 2026-07-30

Comparable businesses

META peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricMETAMeta Platforms, Inc.Snapshot 2026-11-03Financial period: 2026-09-30GOOGAlphabet Inc.Snapshot 2026-11-03Financial period: 2026-09-30RDDTReddit, Inc.Snapshot 2026-11-03Financial period: 2026-09-30
Market capMarket value, converted to USDUS$1.55TUS$3.42TUS$17.57B
Forward P/EProvider forward earnings estimate17.05x18.31x9.87x
EV / EBITDAEnterprise value / trailing EBITDA13.63x17.90x15.75x
Revenue growthLatest quarter vs prior-year quarter26.1%24.7%53.0%
Operating marginLatest reported quarter35.4%31.8%29.2%
Free cash flow yieldTrailing cash flow / market cap1.1%-0.0%4.6%
Net debt / EBITDANet debt / trailing EBITDA0.28x-0.62x-3.25x
Debt / equityTotal debt / positive book equity0.42x0.22x0.01x
Trailing P/ETrailing twelve-month earnings20.98x14.53x18.72x
Price / bookPrice / positive book equity per share5.69x5.18x4.90x
EV / salesEnterprise value / trailing revenue6.55x7.05x4.71x
Earnings growthLatest quarter vs prior-year quarter264.8%-25.3%74.9%
Gross marginTrailing twelve months81.0%60.9%91.5%
Net marginTrailing twelve months31.1%50.0%32.1%
Return on equityProvider trailing return; positive equity only32.3%44.3%32.0%
Free cash flow marginTrailing free cash flow / revenue7.0%-0.2%26.3%
Dividend yieldIndicated annual dividend / price0.3%0.3%—
Earnings payoutProvider trailing dividend payout7.2%4.5%0.0%
Current ratioCurrent assets / current liabilities1.90x2.79x10.80x
BetaProvider historical market sensitivity1.281.232.27

Alphabet Inc. (GOOG)

Extended size range · 2.20x market cap

Search & social advertising

No Charged Alpha episode is linked for this listing yet.

Choose a comparison stock

Search covered companies, or search all listed stocks.

Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

Reporting period
Financial history
Chart style
Comparison stocks

Financial statements load separately from the research page.

Market context

Valuation & price history

Adjusted closing price

Price history

Price history loads separately.

Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-11-03. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for META

All available reporting periods
Q2 20262026-07-30
Q1 20262026-04-29
Q4 20252026-04-09

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.