RCMECredit materiality pre-analysisIncludes illustrative values
Analytical aid.Not a rating or rating recommendation. Public data only.

AI infrastructure surveillance · analysis completed 2026-10-20 18:49:10 UTC

Meta Platforms

CIK 0001326801 · status watch · overall tier elevated. Business risk scores 4 of 5 (elevated).

Composite2.0/5 · Low
Score breakdownRisk profileEvidence: AI infra watchAudit trail

FFO to debt (%, TTM)

S&P Corporate Methodology Table 17 band boundaries shown as horizontal lines.

2024-09-30: 219.2%2024-12-31: 256.1%2025-03-31: 270.7%2025-06-30: 295.4%2025-09-30: 313.2%2025-12-31: 159.4%2026-03-31: 171.9%2026-06-30: 124.7%24-0924-1225-0325-0625-0925-1226-0326-06332%105.8%

Source: SEC XBRL company facts; TTM through each quarter end, as-reported proxy (S&P adjustments not applied). derived (TTM through this quarter end, as-reported proxy)

Debt to EBITDA (x, TTM)

S&P Corporate Methodology Table 17 band boundaries shown as horizontal lines.

1.5xS&P stated level 1x2024-09-30: 0.4x2024-12-31: 0.3x2025-03-31: 0.3x2025-06-30: 0.3x2025-09-30: 0.3x2025-12-31: 0.6x2026-03-31: 0.5x2026-06-30: 0.8x24-0924-1225-0325-0625-0925-1226-0326-061.6x0.2x

Source: SEC XBRL company facts; TTM through each quarter end, as-reported proxy (S&P adjustments not applied). derived (TTM through this quarter end, as-reported proxy)