Meta Inc (formerly Facebook Inc) witnessed a substantial reduction in its free cashflow during the year 2022, which plummeted to less than fifty percent of the free cashflow recorded in the preceding year. The social media giant’s free cashflow dwindled to $18,439 million in 2022, in contrast to $38,439 million in 2021.
Meta Free Cashflow 2012-2022
Amounts are in $millions.
| Year | Free Cash Flow |
| 2022 | $18,439 |
| 2021 | $38,439 |
| 2020 | $23,028 |
| 2019 | $ 20,660 |
| 2018 | $15,359 |
| 2017 | $17,483 |
| 2016 | $11,617 |
| 2015 | $7,797 |
| 2014 | $5,495 |
| 2013 | $3,458 |
| 2012 | $1,070 |
Meta defines free cash flow as net cash provided by operating activities minus net purchases of property and equipment and principal payments on finance leases. Its free cashflow in 2021 was $38,439 million compared to $23,028 in 2020.
In 2019, Facebook’s net cash provided by operating actvities was $ 36,314 million. The company spent $15,102 million on purchases of property and equipment and $552 million on principal payments on financial leases.
2019 Free Cash Flow of Facebook = $36,314 million – ($15,102 million + $552 million) = $20,660 million.