Meta Platforms (META) Asset Writedowns and Impairment (2022 - 2024)
Meta Platforms (META) has disclosed Asset Writedowns and Impairment for 4 consecutive years, with $95.0 million as the latest value for Q4 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.
- Asset Writedowns and Impairment was $95.0 million for Q4 2024 at Meta Platforms, up from $8.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $1.8 billion in Q4 2022 to a low of $8.0 million in Q3 2024.
- A 3-year average of $503.3 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: dropped 17.68% in 2023, then tumbled 97.65% in 2024.
- Meta Platforms' Asset Writedowns and Impairment stood at $1.8 billion in 2022, then tumbled by 39.61% to $1.1 billion in 2023, then tumbled by 91.28% to $95.0 million in 2024.
- Per Business Quant, the three most recent readings for META's Asset Writedowns and Impairment are $95.0 million (Q4 2024), $8.0 million (Q3 2024), and $40.0 million (Q2 2024).