Meta Platforms (META) Return on Capital Employed (2012 - 2026)
Meta Platforms (META) posted quarterly Return on Capital Employed of 23.74% for Q2 2026, down 773.0% year-over-year from 3.53% in Q2 2025, and down 10.55% quarter-over-quarter from 26.53% in Q1 2026.
Meta Platforms (META) Return on Capital Employed (2012 - 2026) Analysis & Trends
Meta Platforms (META) has reported Return on Capital Employed for 15 consecutive years, with 23.74% the latest figure, recorded in Q2 2026.
- In Q2 2026, Return on Capital Employed fell 773.0% year-over-year to 23.74%; the TTM figure through Jun 2026 stood at 23.74% (down 773.0% YoY), while the FY2025 annual figure was 29.83%, down 182.0% from the prior year.
- Return on Capital Employed retreated to 23.74% in Q2 2026 per META's latest filing, from 26.53% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 31.46% in Q2 2025 and bottomed at 17.31% in Q1 2023.
- Historically, Return on Capital Employed has averaged 25.92% across 5 years, with a median of 27.24% in 2022.
- Annual changes were most pronounced in 2022 — Return on Capital Employed sank 1324 bps — and 2024, when it soared 1215 bps.
- Meta Platforms' Return on Capital Employed stood at 18.64% in 2022, then surged by 31 bps to 24.48% in 2023, then gained by 22 bps to 29.82% in 2024, then decreased by 5 bps to 28.41% in 2025, then decreased by 16 bps to 23.74% in 2026.
- Business Quant data shows META's Return on Capital Employed at 23.74% in Q2 2026, 26.53% in Q1 2026, and 28.41% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,253.34 Bn | 3,824.30 Bn | 73.85 Bn | 21.49% |
| 2 | Meta Platforms | 1,548.59 Bn | 1,458.33 Bn | 49.47 Bn | 23.74% |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn | 5.19% |
| 4 | Baidu | 289.09 Bn | 284.60 Bn | 1.88 Mn | -1.83% |
| 5 | Spotify Technology | 104.28 Bn | 94.04 Bn | 1.75 Bn | - |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | 1.52% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.00 Bn | 39.37 Bn | 295.20 Mn | -3.77% |
| 9 | 30.74 Bn | 27.96 Bn | 734.60 Mn | 24.36% | |
| 10 | Tencent Music Entertainment | 27.35 Bn | 24.65 Bn | 514.00 Mn | 13.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.74% |
| Mar 31, 2026 | 26.53% |
| Dec 31, 2025 | 28.41% |
| Sep 30, 2025 | 31.22% |
| Jun 30, 2025 | 31.46% |
| Mar 31, 2025 | 29.94% |
| Dec 31, 2024 | 29.82% |
| Sep 30, 2024 | 29.71% |
| Jun 30, 2024 | 29.47% |
| Mar 31, 2024 | 26.92% |
| Dec 31, 2023 | 24.48% |
| Sep 30, 2023 | 20.32% |
| Jun 30, 2023 | 17.31% |
| Mar 31, 2023 | 17.31% |
| Dec 31, 2022 | 18.64% |
| Sep 30, 2022 | 23.17% |
| Jun 30, 2022 | 27.55% |
| Mar 31, 2022 | 30.48% |
| Dec 31, 2021 | 31.88% |
| Sep 30, 2021 | 30.83% |