Meta Platforms, Inc. — Earnings Quality Grade B
META · Communication Services
Generally healthy
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 36 days, change -2 days YoY
AR growth 16.3% vs revenue growth 22.2%
Revenue 22.2%, CFFO 26.8%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 87.1% is >2x revenue growth 22.2%
SG&A/Gross Profit = 14.7%, excellent (<30%)
Gross margin 82.0%, change +0.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.92. Profits backed by cash
FCF $46.1B, FCF/NI = 0.76
Accruals ratio = -15.1%. Low accruals
Cash $81.6B covers 97% of debt $83.9B
Balance Sheet Health
Goodwill+Intangibles $28.2B = 13% of equity. Manageable
Debt/EBITDA = 0.8x. Healthy
Other assets -60.8% vs revenue 22.2%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 31% YoY
Manipulation Score
M-Score = -3.01 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-08