Debt to Equity snapshot
Meta Platforms's debt to equity was 0.28 in FY2025, compared with 0.16 in FY2024. On a trailing-twelve-month basis it was 0.24 as of Q1 FY26. The debt-to-equity ratio is total debt divided by shareholders' equity. It measures how much a company is financed by debt relative to equity.
Debt to Equity (latest FY)
0.28
Debt to Equity (TTM)
0.24
Debt to assets (latest FY)
0.16
Net debt / EBITDA (latest FY)
0.24
Meta Platforms Debt to Equity
Total debt ÷ shareholders' equity
Debt to Equity vs. related metrics
Meta Platforms Debt to Equity — by fiscal year
| Fiscal year | Debt to equity | Debt to assets | Net debt / EBITDA |
|---|---|---|---|
| FY2025 | 0.28 | 0.16 | 0.24 |
| FY2024 | 0.16 | 0.11 | -0.17 |
| FY2023 | 0.12 | 0.08 | -0.39 |
| FY2022 | 0.08 | 0.06 | -0.11 |
| FY2021 | 0.00 | 0.00 | -0.29 |
| FY2020 | — | — | — |
| FY2019 | — | — | — |
| FY2018 | — | — | — |
| FY2017 | — | — | — |
| FY2016 | — | — | — |
| FY2015 | — | — | — |
| FY2014 | — | — | — |
| FY2013 | 0.03 | 0.03 | -0.75 |
| FY2012 | 0.20 | 0.16 | -0.02 |
| FY2011 | 0.14 | 0.11 | -0.40 |
| FY2010 | — | — | — |
| FY2009 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Debt to equity | Debt to assets | Net debt / EBITDA |
|---|---|---|---|
| Q1 FY26 | 0.24 | 0.15 | 0.32 |
| Q4 FY25 | 0.28 | 0.16 | 0.24 |
| Q3 FY25 | 0.15 | 0.09 | 0.19 |
| Q2 FY25 | 0.15 | 0.10 | 0.18 |
| Q1 FY25 | 0.16 | 0.10 | 0.00 |
| Q4 FY24 | 0.16 | 0.11 | -0.17 |
| Q3 FY24 | 0.18 | 0.11 | -0.20 |
| Q2 FY24 | 0.12 | 0.08 | -0.19 |
| Q1 FY24 | 0.12 | 0.08 | -0.21 |
| Q4 FY23 | 0.12 | 0.08 | -0.39 |
| Q3 FY23 | 0.13 | 0.09 | -0.38 |
| Q2 FY23 | 0.14 | 0.09 | -0.25 |
Figures normalized from SEC filings. See the full Meta Platforms ratios & metrics.