Meta Platforms (META) Asset Writedowns and Impairment (2011 - 2024)
Meta Platforms (META) recorded Asset Writedowns and Impairment of $95 million in Q4 2024, down 91.3% from $1.09 billion a year earlier.
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Analysis
Meta Platforms (META) Asset Writedowns and Impairment (2011 - 2024) Analysis & Trends
For FY2024, Meta Platforms reported Asset Writedowns and Impairment of $383 million, down 84.3% from FY2023.
- Across earlier years, Asset Writedowns and Impairment came in at $2.43 billion in FY2023 (+9.5%) and $2.22 billion in FY2022.
- Quarterly Asset Writedowns and Impairment has ranged from $8 million in Q3 2024 to $1.81 billion in Q4 2022 over the past five years.
- On a year-over-year basis, Asset Writedowns and Impairment has declined for six consecutive quarters, with an average decline of 66.3% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $8 million (Q3 2024), $40 million (Q2 2024) and $240 million (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 95.00 Mn |
| Sep 30, 2024 | 8.00 Mn |
| Jun 30, 2024 | 40.00 Mn |
| Mar 31, 2024 | 240.00 Mn |
| Dec 31, 2023 | 1.09 Bn |
| Sep 30, 2023 | 340.00 Mn |
| Jun 30, 2023 | 232.00 Mn |
| Mar 31, 2023 | 770.00 Mn |
| Dec 31, 2022 | 1.81 Bn |
| Sep 30, 2022 | 413.00 Mn |
| Dec 31, 2012 | 7.00 Mn |
| Sep 30, 2012 | 4.00 Mn |
| Dec 31, 2011 | -2.00 Mn |
API Access
Meta Platforms Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=META&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "META", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();