Meta Platforms Inc Tax Rate

Meta Platforms Inc: Tax Rate (%)

Meta Platforms Inc annual tax rate was $0.19 in fiscal year 2022. The annual tax rate Increased $0.03 from $0.17 (in 2019) to $0.19 (in 2022).
This Increased represents a tax rate growth of +16.49% Billion year over year.

Meta Platforms Inc quarterly tax rate was $0.22 in the quarter ending in Mar 23. The quarterly tax rate Increased $0.06 from $0.16 (in Mar 22) to $0.22 (in Mar 23).
This Increased represents a tax rate growth of +35.01% year over year.

In the last 5 years from 2018 to 2022 :

Highest tax rate of Meta Platforms Inc was $0.25 in fiscal year 2019
Lowest tax rate of Meta Platforms Inc was $0.12 in fiscal year 2020
Average tax rate of Meta Platforms Inc was $0.17

Explore additional financial metrics for Meta Platforms Inc
Check out competitors to Meta Platforms Inc.

Definition of Tax Rate (%) :
The tax rate is the percentage of income that an individual or a business is required to pay to the government. For more details on tax rate, examples and formulas, refer to our glossary.

Meta Platforms Inc: Tax Rate (%)

Embed & Share

Meta Platforms Inc : Tax Rate (%) Details

2022

Meta Platforms Inc annual tax rate was $0.19 in fiscal year 2022.
Meta Platforms Inc quarterly tax rate was $0.16 (Mar) , $0.18 (Jun) , $0.21 (Sep) , and $0.24 (Dec) in fiscal year 2022.

2021

Meta Platforms Inc annual tax rate was $0.17 in fiscal year 2021.
Meta Platforms Inc quarterly tax rate was $0.17 (Mar) , $0.17 (Jun) , $0.13 (Sep) , and $0.19 (Dec) in fiscal year 2021.

2020

Meta Platforms Inc annual tax rate was $0.12 in fiscal year 2020.
Meta Platforms Inc quarterly tax rate was $0.16 (Mar) , $0.16 (Jun) , $0.04 (Sep) , and $0.14 (Dec) in fiscal year 2020.

2019

Meta Platforms Inc annual tax rate was $0.25 in fiscal year 2019.
Meta Platforms Inc quarterly tax rate was $0.30 (Mar) , $0.46 (Jun) , $0.17 (Sep) , and $0.20 (Dec) in fiscal year 2019.

2018

Meta Platforms Inc annual tax rate was $0.13 in fiscal year 2018.
Meta Platforms Inc quarterly tax rate was $0.13 (Jun) , $0.13 (Sep) , $0.14 (Dec) 0 () in fiscal year 2018.

Meta Platforms Inc : Tax Rate (%) (year over year growth)

Embed & Share

Meta Platforms Inc : Tax Rate (%) (Year Over Year Growth) Details

2022

Meta Platforms Inc annual tax rate Increased +16.49% during fiscal year 2022 compared to 2021.
This represents an Increased in tax rate of +$0.03 from $0.19 (in 2022) to $0.17 (in 2021).

2021

Meta Platforms Inc annual tax rate Increased +37.66% during fiscal year 2021 compared to 2020.
This represents an Increased in tax rate of +$0.05 from $0.17 (in 2021) to $0.12 (in 2020).

2020

Meta Platforms Inc annual tax rate Decreased -52.32% during fiscal year 2020 compared to 2019.
This represents an Decreased in tax rate of -$0.13 from $0.12 (in 2020) to $0.25 (in 2019).

2019

Meta Platforms Inc annual tax rate Increased +99.05% during fiscal year 2019 compared to 2018.
This represents an Increased in tax rate of +$0.13 from $0.25 (in 2019) to $0.13 (in 2018).

Meta Platforms Inc : Tax Rate (%) - Annual (Tabular)

Period	Tax Rate (%)	Y/Y Growth
2022	$0.19	+16.49%
2021	$0.17	+37.66%
2020	$0.12	-52.32%
2019	$0.25	+99.05%

Meta Platforms Inc : Tax Rate (%) - Quarterly (Tabular)

Period	Tax Rate (%)	Y/Y Growth
Mar 23	$0.22	+35.01%
Dec 22	$0.24	+27.81%
Sep 22	$0.21	+63.21%
Jun 22	$0.18	+8.13%
Mar 22	$0.16	-7.11%
Dec 21	$0.19	+35.42%
Sep 21	$0.13	+267.74%
Jun 21	$0.17	+8.95%
Mar 21	$0.17	+6.58%
Dec 20	$0.14	-29.19%
Sep 20	$0.04	-79.11%
Jun 20	$0.16	-66.11%
Mar 20	$0.16	-45.89%
Dec 19	$0.20	+45.16%
Sep 19	$0.17	+28.86%
Jun 19	$0.46	+253.17%