META vs SNAP
Meta Platforms, Inc. and Snap Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | META | SNAP |
|---|---|---|
| Revenue | $201.0B | $5.9B |
| Net income | $60.5B | $-460.5M |
| Gross margin | 82.0% | 55.0% |
| Net margin | 30.1% | −7.8% |
| Return on equity | 30.2% | −19.5% |
| Diluted EPS | $23.49 | −$0.27 |
| Dividend / share | $2.10 | · |
| Payout ratio | 8.8% | · |
| Free cash flow | $46.1B | $437.2M |
| Equity | $217.2B | $2.3B |
| Net debt / equity | 0.11× | 1.10× |
| Current ratio | 2.60× | 3.56× |
| Revenue CAGR 5y | 18.5% | 18.8% |
| Profit CAGR 5y | 15.7% | · |
META bills 33.9× the revenue of SNAP, and SNAP closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | META | SNAP |
|---|---|---|
| FY2025 | $201.0B | $5.9B |
| FY2024 | $164.5B | $5.4B |
| FY2023 | $134.9B | $4.6B |
| FY2022 | $116.6B | $4.6B |
| FY2021 | $117.9B | $4.1B |
| FY2020 | $86.0B | $2.5B |
| FY2019 | $70.7B | $1.7B |
| FY2018 | $55.8B | $1.2B |
| FY2017 | $40.7B | $824.9M |
| FY2016 | $27.6B | $404.5M |
Bottom line
| Fiscal year | META | SNAP |
|---|---|---|
| FY2025 | $60.5B | $-460.5M |
| FY2024 | $62.4B | $-697.9M |
| FY2023 | $39.1B | $-1.3B |
| FY2022 | $23.2B | $-1.4B |
| FY2021 | $39.4B | $-488.0M |
| FY2020 | $29.1B | $-944.8M |
| FY2019 | $18.5B | $-1.0B |
| FY2018 | $22.1B | $-1.3B |
| FY2017 | $15.9B | $-3.4B |
| FY2016 | $10.2B | $-514.6M |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$195,034,553,000 | META |
| FY2024 | +$159,139,602,000 | META |
| FY2023 | +$130,295,885,000 | META |
| FY2022 | +$112,007,153,000 | META |
| FY2021 | +$113,811,952,000 | META |
| FY2020 | +$83,458,374,000 | META |
| FY2019 | +$68,981,466,000 | META |
| FY2018 | +$54,657,554,000 | META |
| FY2017 | +$39,828,051,000 | META |
| FY2016 | +$27,233,518,000 | META |
| FY2015 | +$17,869,337,000 | META |
META has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 16 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +37.8 pp | META |
| FY2024 | +50.9 pp | META |
| FY2023 | +57.7 pp | META |
| FY2022 | +51.0 pp | META |
| FY2021 | +45.2 pp | META |
| FY2020 | +71.6 pp | META |
| FY2019 | +86.4 pp | META |
| FY2018 | +146.0 pp | META |
| FY2017 | +456.8 pp | META |
| FY2016 | +164.2 pp | META |
| FY2015 | +656.2 pp | META |
META has kept the higher net margin in every one of these 11 fiscal years.
11 of 16 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SNAP's net margin has been more volatile than META's over the 11 comparable fiscal years — 194.2 percentage points of standard deviation against 6.7.
11 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
META led in net margin in every one of the 11 comparable fiscal years — a structural lead, not a recent swing.
11 of 16 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SNAP's return on equity has been more volatile than META's over the 11 comparable fiscal years — 34.7 percentage points of standard deviation against 7.2.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
META led in return on equity in every one of the 11 comparable fiscal years — a structural lead, not a recent swing.
11 of 15 comparable fiscal years — a year missing data on either side is not counted.