- Internet Content & Information
- Communication Services
-
20.30
EPS
-
25.96
P/E
-
1.33T
MARKET CAP
-
0.19%
DIV YIELD
Company Overview
1601 WILLOW ROAD,MENLO PARK CA 94025,650-618-7714
CEO
Mr. Mark Elliot Zuckerberg
Employess
70799
Sector
Communication Services
Industry
Internet Content & Information
Website
https://investor.fb.com
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
Next Earnings Date
Oct. 23, 2024
Ex Dividends date
Jun. 26, 2024
Dividend Date
June 14, 2024
YTD Performance
52.11%
Fiscal Year End
12-31
IPO Date
2012-05-18
Growth Rates
| (avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
|---|---|---|---|---|
| Sales/Revenue | 32.86% | 19.29% | 16.21% | 15.69% |
| EPS | 37.69% | 14.70% | 14.12% | 76.01% |
| Equity | 25.77% | 12.73% | 6.09% | 21.84% |
| Cash | 28.83% | 33.11% | 33.55% | 185.14% |
| Return On Capital (ROIC) | 17.98% | 20.06% | 21.20% | 20.24% |
Debt
| year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Short Term Debt | 1,620 | 1,370 | 1,130 | 1,020 | 800 |
| Long Term Debt | 35,600 | 25,200 | 12,700 | 9,630 | 9,520 |
| LT Finance Leases | 18,800 | 16,700 | 13,900 | 10,700 | 10,300 |
| Shares Outstanding | 2,570 | 2,690 | 2,820 | 2,850 | 2,850 |
| Market Cap | 911,000 | 323,000 | 947,000 | 779,000 | 586,000 |
Price
News
RWE signs long-term power purchase agreements with Meta to generate clean electricity from two solar farms with a combined capacity of 374 megawatts
1 monthElectricity generated by RWE's two solar farms will help support Meta's operations with 100% renewable energy Electricity generated by RWE's two solar farms will help support Meta's operations with 100% renewable energy
globenewswire.com
Final Trades: IBM, Dell Technologies and Meta Platforms
1 monthThe Investment Committee give you their stocks to watch.
youtube.com
Magnificent 7 rebounds after tech rout
1 monthCNBC's Deirdre Bosa reports on the recent rebound in mega cap tech.
youtube.com
META Platform (META) Expands Global Music Deal With UMG
1 monthMETA Platforms (META) and Universal Music Group expand its partnership, enhancing creative and commercial opportunities for artists across Meta's platforms.
zacks.com
Market Volatility Continues: 4 Tech Stocks to Buy on the Dip
1 monthIt would be wise to buy tech stocks like Meta Platforms, Inc. (META), Arista Networks, Inc. (ANET), NetApp, Inc. (NTAP) and NVIDIA Corporation (NVDA) on the dip now as the upcoming rate cuts are expected to benefit growth assets.
zacks.com
Market Turbulence: Time to Snap Up Magnificent Seven Stocks?
1 monthThe recent market turbulence has left many investors and spectators on the sidelines, questioning whether now is the time to invest in some of the most prominent names in the stock market.
marketbeat.com
Meta Continues To Crush The Market And Shares Could Continue Outperforming
1 monthMeta Platforms shares are up 46.28% YTD, outperforming the S&P 500 by 34.24%. Meta continues to see growth across its platforms, adding 30 million daily active users in Q2. Despite risks, Meta delivered a strong Q2 earnings beat, with revenue up 22.1% YoY and net income increasing by 72.89% YoY.
seekingalpha.com
Nasdaq Sell-Off: Buy the Dip on This "Magnificent Seven" Stock Before It Takes Off
1 monthMeta Platforms' shares are down along with other big tech stocks recently. However, this means very little for the company's long-term prospects.
fool.com
Meta welcomes Turkey lifting access ban on Instagram, spokesperson says
1 monthInstagram parent Meta said on Tuesday that the company welcomed Turkey's reopening of access to the social media platform and said it continued to remain in dialogue with Turkish authorities for violating content and accounts.
reuters.com
7 Strong Buy Stocks That Should Continue to Rally
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investorplace.com
Prediction: 2 Stocks That Will Be Worth More Than Microsoft 10 Years From Now
1 monthNvidia's dominant position in the AI chip market should set the company up for terrific long-term growth and may even help it grow at a faster pace than Microsoft. Meta Platforms is gaining share in the lucrative digital ad market, which could allow the company to significantly increase its revenue in the long run.
fool.com
Tuesday's big stock stories: What's likely to move the market in the next trading session
1 monthHere's what's on the radar for CNBC TV heading into Tuesday's session as traders try to build on last week's big comeback.
cnbc.com