Meta Platforms (META) Sales of Property, Plant and Equipment (2021 - 2023)
Meta Platforms (META) recorded Sales of Property, Plant and Equipment of $73 million in Q4 2023, up 32.7% from $55 million a year earlier and up 55.3% from the prior quarter.
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Analysis
Meta Platforms (META) Sales of Property, Plant and Equipment (2021 - 2023) Analysis & Trends
For FY2023, Meta Platforms reported Sales of Property, Plant and Equipment of $221 million, down 9.8% from FY2022.
- Annual Sales of Property, Plant and Equipment has a three-year compound annual growth rate of 66.4% (FY2020 to FY2023).
- Across earlier years, Sales of Property, Plant and Equipment came in at $245 million in FY2022 (+99.2%), $123 million in FY2021 (+156.3%) and $48 million in FY2020.
- Quarterly Sales of Property, Plant and Equipment has ranged from $19 million in Q1 2023 to $126 million in Q1 2022 over the past five years.
- On a year-over-year basis, Sales of Property, Plant and Equipment has increased for three consecutive quarters, with growth averaging 70.9% over the last eight quarters.
- Peak year-over-year performance for Sales of Property, Plant and Equipment in the last five years was growth of 306.5% in Q1 2022, against a decline of 84.9% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $47 million (Q3 2023), $82 million (Q2 2023) and $19 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Sale) (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, 2023 | 73.00 Mn |
| Sep 30, 2023 | 47.00 Mn |
| Jun 30, 2023 | 82.00 Mn |
| Mar 31, 2023 | 19.00 Mn |
| Dec 31, 2022 | 55.00 Mn |
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | 44.00 Mn |
| Mar 31, 2022 | 126.00 Mn |
| Dec 31, 2021 | 31.00 Mn |
| Sep 30, 2021 | 32.00 Mn |
| Jun 30, 2021 | 29.00 Mn |
| Mar 31, 2021 | 31.00 Mn |
API Access
Meta Platforms Sales of Property, Plant and Equipment 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=sales-of-property-plant-and-equipment&ticker=META&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "sales-of-property-plant-and-equipment", "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=sales-of-property-plant-and-equipment&ticker=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();