Meta Platforms (META) EV to EBITDA (2012 - 2026)
Meta Platforms' EV to EBITDA came in at 16.98 for Q3 2026, down 6.4% from 18.15 a year earlier but up 38.4% from the prior quarter.
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Analysis
Meta Platforms (META) EV to EBITDA (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Meta Platforms reported EV to EBITDA of 14.55, down 10.1% year-over-year; for FY2025, it was 15.59, down 5.9% from FY2024.
- Going back by year, EV to EBITDA was 16.56 in FY2024 (+14.1%), 14.52 in FY2023 (+99.5%), 7.28 in FY2022 (-54.4%) and 15.97 in FY2021 (-11.9%).
- The five-year range for quarterly EV to EBITDA is 7.28 (Q4 2022) to 18.96 (Q2 2025).
- Year-over-year, EV to EBITDA has declined for four consecutive quarters, with an average decline of 6.7% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2023 (growth of 117.4%), and the weakest in Q3 2022 (a decline of 54.7%).
- Business Quant data shows META's EV to EBITDA at 12.27 (Q2 2026), 12.54 (Q1 2026) and 15.59 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.98 |
| Jun 30, 2026 | 12.27 |
| Mar 31, 2026 | 12.54 |
| Dec 31, 2025 | 15.59 |
| Sep 30, 2025 | 18.15 |
| Jun 30, 2025 | 18.96 |
| Mar 31, 2025 | 15.53 |
| Dec 31, 2024 | 16.56 |
| Sep 30, 2024 | 17.93 |
| Jun 30, 2024 | 16.97 |
| Mar 31, 2024 | 17.96 |
| Dec 31, 2023 | 14.52 |
| Sep 30, 2023 | 15.07 |
| Jun 30, 2023 | 17.85 |
| Mar 31, 2023 | 13.80 |
| Dec 31, 2022 | 7.28 |
| Sep 30, 2022 | 7.36 |
| Jun 30, 2022 | 8.21 |
| Mar 31, 2022 | 10.75 |
| Dec 31, 2021 | 15.97 |
API Access
Meta Platforms EV to EBITDA 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=ev-to-ebitda&ticker=META&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();