Meta Platforms (META) Asset Writedowns and Impairment (2022 - 2024)
On a quarterly basis, Asset Writedowns and Impairment fell 91.28% to $95.0 million in Q4 2024 year-over-year; TTM through Dec 2024 was $383.0 million, a 84.25% decrease, with the full-year FY2024 number at $383.0 million, down 84.25% from a year prior.
Meta Platforms (META) has 4 years of Asset Writedowns and Impairment data on record, last reported at $95.0 million in Q4 2024.
- Asset Writedowns and Impairment reached $95.0 million in Q4 2024 per META's latest filing, up from $8.0 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for META hit a ceiling of $1.8 billion in Q4 2022 and a floor of $8.0 million in Q3 2024.
- A 3-year average of $503.5 million and a median of $290.0 million in 2023 define the central range for Asset Writedowns and Impairment.
- Peak YoY movement for Asset Writedowns and Impairment: fell 17.68% in 2023, then plummeted 97.65% in 2024.
- Tracing META's Asset Writedowns and Impairment over 3 years: stood at $1.8 billion in 2022, then tumbled by 39.68% to $1.1 billion in 2023, then plummeted by 91.28% to $95.0 million in 2024.
- Business Quant data shows Asset Writedowns and Impairment for META at $95.0 million in Q4 2024, $8.0 million in Q3 2024, and $40.0 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Meta Platforms | 1,539.18 Bn | 1,458.00 Bn | 46.09 Bn |
| 2 | Spotify Technology | 118.05 Bn | 107.81 Bn | 1.75 Bn |
| 3 | 28.76 Bn | 25.99 Bn | 511.94 Mn | |
| 4 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn |
| 5 | 12.01 Bn | 10.71 Bn | 768.96 Mn | |
| 6 | Strive | 9.69 Bn | 9.62 Bn | - |
| 7 | Snap | 9.60 Bn | 6.78 Bn | 1.29 Bn |
| 8 | Match | 8.34 Bn | 7.31 Bn | 653.28 Mn |
| 9 | Baidu | 5.09 Bn | -5.87 Bn | 1.88 Mn |
| 10 | Iac | 3.16 Bn | 2.06 Bn | 289.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 95.00 Mn |
| Dec 31, 2024 | 95.00 Mn |
| Sep 30, 2024 | 8.00 Mn |
| Sep 30, 2024 | 8.00 Mn |
| Jun 30, 2024 | 40.00 Mn |
| Jun 30, 2024 | 40.00 Mn |
| Mar 31, 2024 | 240.00 Mn |
| Mar 31, 2024 | 240.00 Mn |
| Dec 31, 2023 | 1.09 Bn |
| Dec 31, 2023 | 1.09 Bn |
| Sep 30, 2023 | 340.00 Mn |
| Sep 30, 2023 | 340.00 Mn |
| Jun 30, 2023 | 232.00 Mn |
| Jun 30, 2023 | 232.00 Mn |
| Mar 31, 2023 | 770.00 Mn |
| Mar 31, 2023 | 770.00 Mn |
| Dec 31, 2022 | 1.81 Bn |
| Dec 31, 2022 | 1.81 Bn |
| Sep 30, 2022 | 413.00 Mn |
| Sep 30, 2022 | 413.00 Mn |