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Meta Platforms Overview

Company: Meta Platforms
CEO: Mark Elliot Zuckerberg
Founded: Jan 4, 2004
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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Meta Platforms (META)

  • Stock Price
  • Volume
738.7 +445.50 +151.94%
Past 5 Years
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Revenue

Meta Platforms annual revenue was $164.50 B in 2024.

Net Income

Meta Platforms annual net income was $62.36 B in 2024.

Employees

Meta Platforms annual employee count was 74,067 in 2024.

Revenue by Segment

Meta Platforms’s revenue by segment: Family of Apps: $162.36 B, and Reality Labs: $2.15 B in 2024.

Revenue by Region

Meta Platforms’s revenue by region: Asia Pacific: $45.01 B, Europe: $38.36 B, Rest Of World: $17.92 B, and US & Canada: $63.21 B in 2024.

Executive Salary

Javier Olivan Chief Operating Officer, at Meta Platforms, makes $25...

Revenue per Employee

Meta Platforms revenue per employee was $2.22 M in 2024.

Profit per Employee

Meta Platforms profit per employee was $841.94 K in 2024.

Income Statement

Operating Income

Meta Platforms annual operating income was $69.38 B in 2024.

Research & Development

Meta Platforms annual research & development expense was $43.87 B in 2024.

Tax Rate (%)

Meta Platforms annual Tax Rate was 12.00% in 2024.

Assets & Liabilities | Cash Flow

Total Assets

Meta Platforms annual total assets was $276.05 B in 2024.

Total Liabilities

Meta Platforms annual total liabilities was $93.42 B in 2024.

Capital Expenditure

Meta Platforms annual capital expenditures was -$37.26 B in 2024.

Ratios

Return on Equity (ROE)

Meta Platforms annual return on equity(ROE) was 34.14% in 2024.

Return on Assets (ROA)

Meta Platforms annual return on assets(ROA) was 22.59% in 2024.

Debt to Equity

Meta Platforms annual debt to equity was 26.86% in 2024.

Profitability

Gross Profit Margin (%)

Meta Platforms annual gross profit margin was 81.67% in 2024.

Operating Income Margin (%)

Meta Platforms annual operating income margin was 42.18% in 2024.

Net Income Margin (%)

Meta Platforms annual net income margin was 37.91% in 2024.

Earning Per Share

Meta Platforms annual earning per share was $24.61 in 2024.

EBITDA

Meta Platforms annual EBITDA was $86.88 B in 2024.

Free Cash Flow (FCF)

Meta Platforms annual free cash flow(FCF) was $54.07 B in 2024.

Valuation

Enterprise value

Meta Platforms annual enterprise value was $1.49 T in 2024.

Enterprise value to Revenue

Meta Platforms annual enterprise value to revenue was 9.05 in 2024.

Enterprise value to EBITDA

Meta Platforms annual enterprise value to EBITDA was 17.14 in 2024.

Competitors’ Revenue

Frequently Asked Questions

When was Meta Platforms founded?

Meta Platforms was founded on Jan 4, 2004, which makes the company 21 years old.

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Who is the CEO of Meta Platforms?

Mark Elliot Zuckerberg is the CEO of Meta Platforms.

What industry and sector is Meta Platforms in?

Meta Platforms operates in the Internet Content & Information industry and the Communication Services sector.

What are Meta Platforms's CIK, SIC, and ISIN codes?

  • CIK (Central Index Key): 0001326801
  • SIC (Standard Industrial Classification): 7370
  • ISIN (International Securities Identification Number): US30303M1027

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How many employees does Meta Platforms have?

Meta Platforms has 74,067 employees.

What is the revenue of Meta Platforms?

In fiscal year 2024, Meta Platforms generated a revenue of $164.50 Billion.

What is the net income of Meta Platforms?

In fiscal year 2024, Meta Platforms reported a net income of $62.36 Billion.

What is Meta Platforms's biggest product segment?

Family of Apps is Meta Platforms's biggest product segment, representing 98.7% of its total revenue.

When was Meta Platforms listed on the stock exchange?

Meta Platforms went public on May 18, 2012, through its Initial Public Offering (IPO), and it has been 13 years since then.

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What is the ticker symbol of Meta Platforms, and where is it listed?

Meta Platforms's ticker symbol is META, and the company is listed on the NASDAQ stock market exchange.

What is Meta Platforms's current stock price?

Meta Platforms's current stock price is $738.93 as of Aug 29, 2025.

What is Meta Platforms's market capitalization?

As of , Meta Platforms's market cap is .

What is Meta Platforms's ranking in the world?

Ranked #6among 30,373 companies based on market cap.

Who are the top competitors of Meta Platforms?

Competitors of Meta Platforms include Alphabet, DoorDash and Reddit, and more.

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