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    Meta Platforms Overview

    Company: Meta Platforms
    CEO: Mr. Mark Elliot Zuckerberg
    Symbol: META
    Exchange: NASDAQ
    Industry: Internet Content & Information
    Sector: Communication Services
    About

    Meta Platforms 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 and changed its name to Meta Platforms in October 2021. Meta Platforms wasorporated in 2004 and is headquartered in Menlo Park, California.

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    • Address:

      1601 Willow Road

    • City | State | Zip | Country:

      Menlo Park | CA | 94025 | US

    • Phone:

      650 543 4800

    • Website:

      https://investor.fb.com

    Meta Platforms (META)

    • Stock Price
    • Volume
    632.68 +435.93 +221.57%
    Past 5 Years
    • 1D
    • 1W
    • 1M
    • 3M
    • 6M
    • YTD
    • 1Y
    • 2Y
    • 5Y
    • 10Y
    • ALL

    Revenue

    Meta Platforms annual revenue was $134.90B in 2023.

    Net Income

    Meta Platforms annual net income was $39.10B in 2023.

    Employees

    Meta Platforms annual employee count was 67,317 in 2023.

    Revenue by Segment

    Meta Platforms’s revenue by segment: Family of Apps: $133.01B, and Reality Labs: $1.90B in 2023.

    Revenue by Region

    Meta Platforms’s revenue by region: Asia Pacific: $36.15B, Europe: $31.21B, Rest Of World: $14.65B, and US & Canada: $52.89B in 2023.

    Income Statement

    Operating Income

    Meta Platforms annual operating income was $46.75B in 2023.

    Research & Development

    Meta Platforms annual research & development expense was $38.48B in 2023.

    Tax Rate (%)

    Meta Platforms annual Tax Rate was 18.00% in 2023.

    Assets & Liabilities | Cash Flow

    Total Assets

    Meta Platforms annual total assets was $229.62B in 2023.

    Total Liabilities

    Meta Platforms annual total liabilities was $76.46B in 2023.

    Capital Expenditure

    Meta Platforms annual capital expenditures was -$27.27B in 2023.

    Ratios

    Return on Equity (ROE)

    Meta Platforms annual return on equity(ROE) was 25.53% in 2023.

    Return on Assets (ROA)

    Meta Platforms annual return on assets(ROA) was 17.03% in 2023.

    Debt to Equity

    Meta Platforms annual debt to equity was 12.00% in 2023.

    Profitability

    Gross Profit Margin (%)

    Meta Platforms annual gross profit margin was 80.76% in 2023.

    Operating Income Margin (%)

    Meta Platforms annual operating income margin was 34.66% in 2023.

    Net Income Margin (%)

    Meta Platforms annual net income margin was 28.98% in 2023.

    Earning Per Share

    Meta Platforms annual earning per share was $15.19 in 2023.

    EBITDA

    Meta Platforms annual EBITDA was $59.05B in 2023.

    Free Cash Flow (FCF)

    Meta Platforms annual free cash flow(FCF) was $43.85B in 2023.

    Valuation

    Enterprise value

    Meta Platforms annual enterprise value was $906.47B in 2023.

    Enterprise value to Revenue

    Meta Platforms annual enterprise value to revenue was 6.72 in 2023.

    Enterprise value to EBITDA

    Meta Platforms annual enterprise value to EBITDA was 15.35 in 2023.

    Competitors’ Revenue

    Related company

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