Akamai Technologies, Inc. (AKAM) Stock

About Akamai Technologies, Inc.

Akamai Technologies, Inc. (AKAM) is a leading global provider of cloud services, specializing in the secure delivery, optimization, and protection of online content and business applications across the internet. The company's primary focus involves offering sophisticated cloud-based solutions designed to shield digital infrastructure, websites, applications (including APIs), and end-users from a wide array of cyberattacks and online threats, all while simultaneously enhancing performance. Akamai further excels in accelerating web and mobile experiences, facilitating dynamic and highly responsive websites and applications. Its extensive media delivery offerings encompass seamless video streaming and player services, efficient game and software distribution, robust broadcast operations, authoritative Domain Name System (DNS) resolution, and comprehensive data analytics. Additionally, Akamai provides cutting-edge edge compute solutions, empowering developers to deploy and run their code directly at the network's edge for improved efficiency and reduced latency. The company also extends its expertise to telecommunications carriers, offering specialized services such as advanced cybersecurity protection, parental controls, resilient DNS infrastructure, and content delivery solutions. To ensure client success, Akamai offers a full suite of support services to assist with the seamless integration, configuration, optimization, and ongoing management of its diverse product portfolio. Akamai distributes its solutions through both its dedicated direct sales and service organizations and an extensive network of channel partners. Founded in 1998, Akamai Technologies, Inc. is headquartered in Cambridge, Massachusetts.

Akamai Technologies, Inc. is led by CEO F. Thomson Leighton, employs 11,000 people, headquartered in Cambridge, US, publicly traded since 1999.

Akamai Technologies, Inc. (AKAM) stock trades at $112.85 with a market capitalization of $16.41B. The stock is valued at a price-to-earnings (P/E) ratio of 50.53, price-to-book of 4.35, price-to-sales of 5.14. Over the past 52 weeks the stock has ranged between $69.78 and $156.32, and currently trades 27.8% below its 52-week high.

On profitability, Akamai Technologies, Inc. generates a return on equity (ROE) of 9.17%, return on capital employed of 12.62%, an operating margin of 10.61%, a net profit margin of 10.20%.

In its most recent fiscal year, Akamai Technologies, Inc. reported annual revenue of $4.2B, net profit of $452.0M, revenue has compounded at 5.6% a year over the last five years, profit at -4.1% a year.

The balance sheet shows a debt-to-equity ratio of 1.20, a current ratio of 2.06, total assets of $11.5B, $930.0M in cash and equivalents.

AKAM has an average daily trading volume of 5,058,867 shares, a beta of 0.60 (less volatile than the overall market).

Official website: www.akamai.com