Meta Platforms, Inc. (META): Valuation

TTM figures as of June 30, 2026

Meta Platforms, Inc. trades at 24.2 times trailing earnings and a 2.48% free-cash-flow yield. On P/E that is higher than 19% of its own month-end history back to 2012. The Communication Services median P/E is 17.0.

Earnings yield 4.13%. Shareholder yield 0.53%. ROIC 26.6%. Piotroski F-score 5 of 9. Net cash $6.6B.

172 month-end valuation observations are on file, starting May 2012.

Sector comparison uses 1006 Communication Services names.

Frequently asked questions

Is META cheap versus its own history?

Meta Platforms, Inc. trades at 24.2 times trailing earnings and a 2.48% free-cash-flow yield. On P/E that is higher than 19% of its own month-end history back to 2012. The Communication Services median P/E is 17.0.

What is META's free-cash-flow yield?

Meta Platforms, Inc. currently yields 2.48% of market cap as trailing free cash flow.

Where do these valuation figures come from?

Yields and quality metrics are computed from the same SEC TTM figures as the financials page, against the live market cap. Historical bands reconstruct month-end market cap from split-adjusted closes and the share count in the units it was filed, then divide by those dollar totals. Nothing here is a third-party estimate.

Source: SEC filings for the fundamentals; split-adjusted Yahoo closes and recorded stock splits for historical market cap.

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