META
Meta Platforms, Inc.
META has the edge over THRY overall, supported by stronger fundamentals and lower modeled downside.
THRY
Thryv Holdings, Inc.
THRY offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
META Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Healthy |
META's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
THRY Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Stable | |
| Under pressure |
THRY's cash flow is currently stable, but its revenue, profitability and balance sheet are under pressure.
META PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $624 | — |
| Cheap | 21x | $613 | -1.7% |
| Current | 21x | $624 | — |
| Fair | 27x | $803 | +29% |
| Expensive | 32x | $934 | +50% |
Historical ranges are pointers, not guarantees.
META's PE is in its cheap range at 21x. If earnings grow as analysts expect, today's price would be 19x next year's earnings.
THRY PE Valuation
THRY has no meaningful PE right now: it lost money over the past year.
META Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for META, but weaker profitability. However, they disagree widely on these estimates.
THRY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Decline | |
| Stable | |
| Limited | |
| High |
Analysts expect THRY's losses to grow, with revenue declining.
META Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $32.16 | +9.7% |
| Q3 2026 | $29.32 | +30% |
| Q2 2026 | $26.54 | -3.7% |
| Q1 2026 | $27.50 | +7.5% |
| Q4 2025 | $23.49 | -1.6% |
| Q3 2025 | $22.58 | +6.5% |
| Q2 2025 | $27.56 | +41% |
| Q1 2025 | $25.58 | +47% |
| Q4 2024 | $23.86 | +60% |
META has the edge over THRY on earnings quality, reporting a profit while its opponent remains loss making.
THRY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.81 | -662% |
| Q2 2026 | -$0.36 | +$1.92 |
| Q1 2026 | $0.33 | +$2.77 |
| Q4 2025 | $0.01 | +$2.01 |
| Q3 2025 | $0.50 | +$10.15 |
| Q2 2025 | -$2.28 | +$5.50 |
| Q1 2025 | -$2.44 | +$5.06 |
| Q4 2024 | -$2.00 | +$5.47 |
THRY has swung to a loss: it lost $2.81 per share over the past year, after a profit the year before.
META Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $64.6B | +26% |
| Q2 2026 | $60.8B | +28% |
| Q1 2026 | $56.3B | +33% |
| Q4 2025 | $59.9B | +24% |
| Q3 2025 | $51.2B | +26% |
| Q2 2025 | $47.5B | +22% |
| Q1 2025 | $42.3B | +16% |
| Q4 2024 | $48.4B | +21% |
META has the edge over THRY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | -20 points |
| Q2 2026 | 31% | -12 points |
| Q1 2026 | 41% | -0.9 points |
| Q4 2025 | 41% | -7 points |
| Q3 2025 | 40% | -2.7 points |
| Q2 2025 | 43% | +5 points |
| Q1 2025 | 41% | +3.6 points |
| Q4 2024 | 48% | +7.4 points |
META has the edge over THRY on profitability, with a higher operating margin.
THRY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $118.9M | -41% |
| Q2 2026 | $150.7M | -28% |
| Q1 2026 | $167.7M | -7.5% |
| Q4 2025 | $191.6M | +2.7% |
| Q3 2025 | $201.6M | +12% |
| Q2 2025 | $210.5M | -6.1% |
| Q1 2025 | $181.4M | -22% |
| Q4 2024 | $186.6M | -21% |
THRY's revenue has slid since its 2020 peak: $119M last quarter, down 41% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -93% | -103 points |
| Q2 2026 | -0.8% | -15 points |
| Q1 2026 | 2.4% | +4.1 points |
| Q4 2025 | 5.3% | +9.2 points |
| Q3 2025 | 9.9% | +59 points |
| Q2 2025 | 14% | +0.1 points |
| Q1 2025 | -1.7% | -15 points |
| Q4 2024 | -3.9% | +99 points |
THRY's operating margin was −93% last quarter, down 103 points from the same quarter a year ago, near the bottom of its range since 2019.
META Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.2B | -110% |
| Q2 2026 | $1.7B | -81% |
| Q1 2026 | $13.2B | +19% |
| Q4 2025 | $14.8B | +9.3% |
| Q3 2025 | $11.2B | -32% |
| Q2 2025 | $9B | -19% |
| Q1 2025 | $11.1B | -14% |
| Q4 2024 | $13.6B | +16% |
META has the edge over THRY on cash flow, with more consistent year-over-year improvement.
THRY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.7M | -68% |
| Q2 2026 | $16.7M | -23% |
| Q1 2026 | -$5.5M | +$12.1M |
| Q4 2025 | $12.3M | -29% |
| Q3 2025 | $14.6M | -47% |
| Q2 2025 | $21.8M | +64% |
| Q1 2025 | -$17.6M | -$15.7M |
| Q4 2024 | $17.3M | -49% |
THRY still generates free cash flow, though less than at its 2019 peak: $28M over the past year.
META Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +7M shares |
| 1 year | 0% | +1M shares |
| 3 years | -2.6% | -68M shares |
| 5 years | -10% | -286M shares |
| Available history | -11% | -303M shares |
META has 2.6B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $3.3B |
| Q2 2025 | $10.2B |
| Q1 2025 | $12.8B |
| Q4 2024 | — |
META hasn't bought back shares in the past year.
THRY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +80K shares |
| 1 year | 0% | -20.9K shares |
| 3 years | +28% | +9.6M shares |
| 5 years | +18% | +6.8M shares |
| Available history | +27% | +9.4M shares |
THRY has the edge over META on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | $5M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
META Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.0x | Very low |
| Q4 2024 | -0.2x | Net Cash |
META has the edge over THRY on leverage, with a lower net debt burden relative to earnings.
THRY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q4 2024 | 13.8x | High |
| Q3 2023 | 8.2x | High |
| Q2 2023 | 4.1x | High |
| Q1 2023 | 2.7x | Moderate |
THRY's net debt is about 3.3 years of its operating earnings (EBITDA), down from 14 years a year ago.
META Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.2 | Neutral |
| Stochastic | 33.7 | Neutral |
META's weekly RSI is 48 (neutral) and its Stochastic is 34 (neutral).
THRY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 25.7 | Oversold |
| Stochastic | 4.1 | Oversold |
THRY's weekly RSI is 26 (oversold) and its Stochastic is 4 (oversold).
META PE vs Communication Services Sector
| Metric | META | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 16x | 29% above |
| PE % | 18 | 26 | 8 pts below |
META is trading at 21x earnings, a 29% premium to the Communication Services sector's median of 16x.
THRY PE vs Communication Services Sector
| Metric | THRY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
THRY has no meaningful PE right now: it lost money over the past year.
META Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $674.9 | 7.6% below |
| 20 week MA | $634.5 | 1.7% below |
| 50 week MA | $630.8 | 1.1% below |
| 100 week MA | $647.8 | 3.7% below |
| 200 week MA | $517.5 | 21% above |
META has the edge over THRY on trend strength, trading above more of its moving averages.
THRY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.32 | 26% below |
| 20 week MA | $2.25 | 56% below |
| 50 week MA | $3.33 | 71% below |
| 100 week MA | $8.17 | 88% below |
| 200 week MA | $14.3 | 93% below |
THRY is in a downtrend: it's below all five of its weekly moving averages, and 93% below its 200-week average.
META Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $208.1 | $267.4 | +28% |
| 2021 | $267.4 | $335.2 | +25% |
| 2022 | $335.2 | $118.0 | -65% |
| 2023 | $118.0 | $354.0 | +200% |
| 2024 | $354.0 | $599.8 | +69% |
| 2025 | $599.8 | $663.3 | +11% |
| 2026 YTD | $663.3 | $623.6 | -6% |
META has the edge over THRY on returns for 2026, with the stronger performance.
THRY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.7 | $11.5 | +7.8% |
| 2021 | $11.5 | $39.7 | +246% |
| 2022 | $39.7 | $18.6 | -53% |
| 2023 | $18.6 | $20.4 | +9.7% |
| 2024 | $20.4 | $14.8 | -27% |
| 2025 | $14.8 | $6.10 | -59% |
| 2026 YTD | $6.10 | $0.98 | -84% |
THRY's yearly returns have swung widely, from +246% in 2021 to −59% in 2025. It's down 84% so far in 2026.