Meta Platforms, Inc.(META)
Internet Content & Information · Menlo Park, CA
$653.69+0.00 (+0.00%)
Delayed quote: Sep 9, 2026, 4:00 PM EDT
Internet Content & Information · Menlo Park, CA
Delayed quote: Sep 9, 2026, 4:00 PM EDT
Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 17.18% is 20% below its 5-year average of 21.37%, near the low end of its 5-year range (12.91%–27.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 17.33% below its 12-month average of 20.79%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
17.18%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
20.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
21.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
21.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
19.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
16.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-17.33%
CURRENT VS 3Y AVG
-19.11%
CURRENT VS 5Y AVG
-19.58%
CURRENT VS 10Y AVG
-13.64%
CURRENT VS 15Y AVG
+4.81%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
6.70%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
+156.48%
vs the sector median at left
Meta Platforms, Inc.
Market Cap
$1.67T
Return on Invested Capital (ROIC)
17.18%
TTM Avg
20.79%
3Y Avg
21.24%
5Y Avg
21.37%
Market Cap
$4.00T
Return on Invested Capital (ROIC)
15.14%
TTM Avg
23.91%
3Y Avg
22.93%
5Y Avg
21.17%
Market Cap
$8.98B
Return on Invested Capital (ROIC)
-5.19%
TTM Avg
-9.98%
3Y Avg
-15.23%
5Y Avg
-15.20%
Market Cap
$11.63B
Return on Invested Capital (ROIC)
5.38%
TTM Avg
4.75%
3Y Avg
0.70%
5Y Avg
1.11%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Meta Platforms, Inc. (META) | $1.67T | 17.18% | 20.79% | 21.24% | 21.37% |
| Alphabet Inc. (GOOGL)vs › | $4.00T | 15.14% | 23.91% | 22.93% | 21.17% |
| Snap Inc. (SNAP)vs › | $8.98B | -5.19% | -9.98% | -15.23% | -15.20% |
| Pinterest, Inc. (PINS)vs › | $11.63B | 5.38% | 4.75% | 0.70% | 1.11% |
| Netflix, Inc. (NFLX)vs › | $316.58B | 24.34% | 22.80% | 18.12% | 16.60% |
ROIC
17.2%
ROE
26.1%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-30 | 17.18% |
| 2026-03-31 | 20.09% |
| 2025-12-31 | 18.07% |
| 2025-09-30 | 21.35% |
| 2025-06-30 | 27.23% |
| 2025-03-31 | 26.42% |
| 2024-12-31 | 25.25% |
| 2024-09-30 | 24.31% |
| 2024-06-30 | 24.75% |
| 2024-03-31 | 23.08% |
| 2023-12-31 | 19.50% |
| 2023-09-30 | 16.01% |
| 2023-06-30 | 12.91% |
| 2023-03-31 | 13.69% |
| 2022-12-31 | 14.68% |
| 2022-09-30 | 18.33% |
| 2022-06-30 | 22.52% |
| 2022-03-31 | 25.63% |
| 2021-12-31 | 26.87% |
| 2021-09-30 | 26.17% |
| 2021-06-30 | 24.66% |
| 2021-03-31 | 21.99% |
| 2020-12-31 | 19.88% |
| 2020-09-30 | 18.45% |
| 2020-06-30 | 17.94% |
| 2020-03-31 | 16.60% |
| 2019-12-31 | 15.07% |
| 2019-09-30 | 15.76% |
| 2019-06-30 | 15.92% |
| 2019-03-31 | 19.26% |
| 2018-12-31 | 23.92% |
| 2018-09-30 | 22.05% |
| 2018-06-30 | 21.91% |
| 2018-03-31 | 20.85% |
| 2017-12-31 | 19.27% |
| 2017-09-30 | 19.84% |
| 2017-06-30 | 18.43% |
| 2017-03-31 | 17.40% |
| 2016-12-31 | 16.34% |
| 2016-09-30 | 14.22% |
| 2016-06-30 | 12.04% |
| 2016-03-31 | 9.74% |
| 2015-12-31 | 7.77% |
| 2015-09-30 | 6.39% |
| 2015-06-30 | 6.59% |
| 2015-03-31 | 7.10% |
| 2014-12-31 | 7.71% |
| 2014-09-30 | 12.20% |
| 2014-06-30 | 12.22% |
| 2014-03-31 | 10.78% |
| 2013-12-31 | 9.18% |
| 2013-09-30 | 8.65% |
| 2013-06-30 | 6.89% |
| 2013-03-31 | 2.07% |
| 2012-12-31 | 2.11% |
| 2012-09-30 | 2.15% |
| 2012-06-30 | 4.31% |
| 2012-03-31 | 16.51% |
| 2011-12-31 | 19.11% |