Meta Platforms Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Public

  • Employees
  • 67,317

Employees

  • Stock Symbol
  • META

Stock Symbol

  • Investments
  • 200

  • Share Price
  • $511.56
  • (As of Friday Closing)

Meta Platforms General Information

Description

Meta is the world's largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Contact Information

Website
www.meta.com
Formerly Known As
The Facebook
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Social/Platform Software
Other Industries
Media and Information Services (B2B)
Social Content
Stock Exchange
NAS
Corporate Office
  • 1601 Willow Road
  • Menlo Park, CA 94025
  • United States
+1 (650) 000-0000

Meta Platforms Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Meta Platforms Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$511.56 $523.16 $207.13 - $531.49 $1.31T 2.55B 17.5M $15.19

Meta Platforms Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 884,722,613 884,722,613 299,679,188 890,209,813
Revenue 134,902,000 134,902,000 116,609,000 117,929,000
EBITDA 57,416,000 57,416,000 37,228,000 54,790,000
Net Income 39,098,000 39,098,000 23,200,000 39,370,000
Total Assets 229,623,000 229,623,000 185,727,000 165,987,000
Total Debt 37,234,000 37,234,000 26,591,000 13,873,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Meta Platforms Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Meta Platforms Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Meta is the world's largest online social network, with nearly 4 billion family of apps monthly active users. Users enga
Social/Platform Software
Menlo Park, CA
67,317 As of 2023
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San Francisco, CA
0000 As of 0000
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Santa Monica, CA
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Meta Platforms Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Pinterest Formerly VC-backed San Francisco, CA 0000 00.00 00000000000 00.00
Snap Formerly VC-backed Santa Monica, CA 0000 00.000 000000000 00.000
Tango Live Venture Capital-Backed Mountain View, CA 000 00000 00000000000 00000
We Heart It Private Equity-Backed Los Angeles, CA 00 000.00 000000000000 000.00
Dailymotion Formerly VC-backed New York, NY 000 000.00 00000000000
You’re viewing 5 of 13 competitors. Get the full list »

Meta Platforms Patents

Meta Platforms Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240095304-A1 Flexible matrix processing Pending 23-Oct-2023 000000000
US-20240037879-A1 Artificial reality integrations with external devices Pending 11-May-2023 0000000000
US-11870852-B1 Systems and methods for local data transmission Active 31-Mar-2023 0000000000 00
US-11935208-B2 Virtual object structures and interrelationships Active 25-Jan-2023 000000000 000
US-20240095545-A1 Data transmission between two systems to improve outcome predictions Inactive 17-Jan-2023 G06N5/02
To view Meta Platforms’s complete patent history, request access »

Meta Platforms Executive Team (153)

Name Title Board Seat Contact Info
Mark Zuckerberg Founder, Chairman, Chief Executive Officer & Board Member
Nick Clegg President, Global Affairs
Susan Li Chief Financial Officer
Javier Olivan Chief Operating Officer
Andrew Bosworth Chief Technology Officer
You’re viewing 5 of 153 executive team members. Get the full list »

Meta Platforms Board Members (21)

Name Representing Role Since
Andrew Houston Self Board Member & Member of the Compensation, Nominating & Governance Committee 000 0000
Hock Tan Self Board Member 000 0000
Marc Andreessen Andreessen Horowitz Board Member & Member of the Compensation, Nominating & Governance Committee 000 0000
Mark Zuckerberg Meta Platforms Founder, Chairman, Chief Executive Officer & Board Member 000 0000
Nancy Killefer Self Board Member, Member of the Audit & Risk Oversight Committee & Chair of the Privacy Committee 000 0000
You’re viewing 5 of 21 board members. Get the full list »

Meta Platforms Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Meta Platforms Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Meta Platforms Investments & Acquisitions (200)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
PhotoRoom 01-Mar-2024 00000 0000 0000 Multimedia and Design Software
Whisper (Therapeutic Devices) 31-May-2023 0000000000 Therapeutic Devices
Gary Sharp Innovations 12-Jan-2023 0000000000 Computers, Parts and Peripherals
Fair.xyz 09-Jan-2023 0000 00000 00.000 Business/Productivity Software
PhotoRoom 18-Nov-2022 Early Stage VC 0000 Multimedia and Design Software
You’re viewing 5 of 200 investments and acquisitions. Get the full list »

Meta Platforms Subsidiaries (30)

Company Name Industry Location Founded
New Product Experimentation Corporate Venture Capital Menlo Park, CA 2019
Unit 2 Games Entertainment Software Leamington Spa, United Kingdom 0000
LemnisTech Other Hardware Singapore, Singapore 0000
BigBox VR Entertainment Software Seattle, WA 0000
Downpour Interactive Entertainment Software San Francisco, CA 0000
You’re viewing 5 of 30 subsidiaries. Get the full list »

Meta Platforms ESG

Risk Overview

Risk Rating

Updated March, 22, 2024

33.8 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,173

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,101

Rank

00.00

Percentile

Internet Software and Services

Subindustry

00 of 244

Rank

00.00

Percentile

To view Meta Platforms’s complete esg history, request access »

Meta Platforms Exits (21)

Company Name Exit Date Exit Type Exit Size Status Buyers
Network Capital (Educational and Training Services (B2C)) 05-Oct-2021 000000000000000000 Completed
  • 0000 000000000
GoTo Group (Application Software) 26-Jul-2021 00000 00000 00 00.00 Completed
  • 27 buyers
Kustomer 12-Jan-2021 000000000000000000 000 Completed
  • 0000 000000000
Giphy 15-May-2020 000000000000000000 00000 Completed
  • 0000 000000000
Gojek 17-Mar-2020 Later Stage VC 000 Completed
  • 19 buyers
You’re viewing 5 of 21 exits. Get the full list »

Meta Platforms FAQs

  • When was Meta Platforms founded?

    Meta Platforms was founded in 2004.

  • Who is the founder of Meta Platforms?

    Mark Zuckerberg, Sean Parker, Andrew McCollum, Chris Hughes, Dustin Moskovitz, and Eduardo Saverin are the founders of Meta Platforms.

  • Who is the CEO of Meta Platforms?

    Mark Zuckerberg is the CEO of Meta Platforms.

  • Where is Meta Platforms headquartered?

    Meta Platforms is headquartered in Menlo Park, CA.

  • What is the size of Meta Platforms?

    Meta Platforms has 67,317 total employees.

  • What industry is Meta Platforms in?

    Meta Platforms’s primary industry is Social/Platform Software.

  • Is Meta Platforms a private or public company?

    Meta Platforms is a Public company.

  • What is Meta Platforms’s stock symbol?

    The ticker symbol for Meta Platforms is META.

  • What is the current stock price of Meta Platforms?

    As of 12-Apr-2024 the stock price of Meta Platforms is $511.56.

  • What is the current market cap of Meta Platforms?

    The current market capitalization of Meta Platforms is $1.31T.

  • What is Meta Platforms’s current revenue?

    The trailing twelve month revenue for Meta Platforms is $135B.

  • Who are Meta Platforms’s competitors?

    Pinterest, Snap, Tango Live, We Heart It, and Dailymotion are some of the 13 competitors of Meta Platforms.

  • What is Meta Platforms’s annual earnings per share (EPS)?

    Meta Platforms’s EPS for 12 months was $15.19.

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