Meta Platforms, Inc. (META) Stock

About Meta Platforms, Inc.

Meta Platforms Inc., which operated as Facebook, Inc. until its October 2021 rebranding, is a technology enterprise focused on developing innovative products that empower people globally to connect and share with their friends and family. These services are accessible across a variety of digital platforms, including mobile phones, personal computers, virtual reality devices, and wearables. The company's activities are organized into two principal divisions: the Family of Apps and Reality Labs. The Family of Apps segment encompasses well-known platforms such as: Facebook, where users can share content, participate in discussions, explore new interests, and build connections. Instagram, a vibrant community dedicated to sharing visual media like photos and videos, sending private messages, and utilizing features such as user feeds, ephemeral stories, short video reels, live streams, and integrated shopping functionalities. Messenger, a dedicated application that facilitates text, audio, and video communications, enabling individuals to communicate with their social networks, communities, and even businesses across different devices and operating systems. WhatsApp, a widely adopted and secure messaging service employed by individuals and enterprises for private communication and financial transactions. The Reality Labs division concentrates on pioneering augmented and virtual reality technologies. This segment is responsible for creating consumer-grade hardware, sophisticated software, and engaging content, all aimed at fostering a sense of connection among people, regardless of their physical location or time zone. Meta Platforms Inc. was founded in 2004 and its corporate headquarters are situated in Menlo Park, California.

Meta Platforms, Inc. is led by CEO Mark Elliot Zuckerberg, employs 76,834 people, headquartered in Menlo Park, US, publicly traded since 2012.

Meta Platforms, Inc. (META) stock trades at $592.10 with a market capitalization of $1.51T. The stock is valued at a price-to-earnings (P/E) ratio of 21.47, price-to-book of 6.24, price-to-sales of 7.09. Over the past 52 weeks the stock has ranged between $520.26 and $796.25, and currently trades 25.6% below its 52-week high. It pays a dividend yielding 0.35%.

On profitability, Meta Platforms, Inc. generates a return on equity (ROE) of 33.22% — well above the market average, a sign of a high-quality business, return on capital employed of 25.42%, an operating margin of 41.21%, a net profit margin of 32.84%.

In its most recent fiscal year, Meta Platforms, Inc. reported annual revenue of $201.0B, net profit of $60.5B, revenue has compounded at 18.5% a year over the last five years, profit at 15.7% a year.

The balance sheet shows a debt-to-equity ratio of 0.36 — a conservative balance sheet with little leverage risk, a current ratio of 2.35, total assets of $366.0B, $35.9B in cash and equivalents.

META has an average daily trading volume of 17,880,000 shares, a beta of 1.25.

Official website: www.meta.com