Meta Platforms (META) Construction in Progress (2022 - 2023)
Meta Platforms' (META) quarterly Construction in Progress came in at $1.4 billion in Q4 2023, down 35.78% year-over-year from $2.2 billion in Q4 2022, and down 7.28% quarter-over-quarter from $1.5 billion in Q3 2023.
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Meta Platforms (META) Construction in Progress (2022 - 2023) Analysis & Trends
Meta Platforms (META) has reported Construction in Progress for 2 consecutive years, with $1.4 billion the latest figure, recorded in Q4 2023.
- On a quarterly basis, Construction in Progress fell 35.78% year-over-year to $1.4 billion in Q4 2023; TTM through Dec 2023 was $1.4 billion, a 35.78% decrease from a year earlier, with the FY2023 full-year figure at $1.4 billion, down 35.78% from the prior year.
- Construction in Progress was $1.4 billion for Q4 2023 at Meta Platforms, down from $1.5 billion in the prior quarter.
- Over five years, Construction in Progress peaked at $2.2 billion in Q4 2022 and troughed at $1.4 billion in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | - |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | - | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | - |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | - | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | - |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | - |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | - |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | - |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 1.40 Bn |
| Sep 30, 2023 | 1.51 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.64 Bn |
| Dec 31, 2022 | 2.18 Bn |