Meta Platforms, Inc.

Meta Platforms, Inc.

$589.95
6.12 (1.05%)
NASDAQ
USD, US
Internet Content & Information

META Price Chart

Basic
Market Cap$1.44T
Price$589.95
52 Week Range279.4-577.36
Beta1.21
Margins
Gross Profit Margin81.40%
Operating Profit Margin40.28%
Net Profit Margin34.34%
Valuation (TTM)
P/E Ratio29.07
Price to Sales Ratio9.97
Price to Book Ratio9.54
PEG Ratio2.28

Industry

Internet Content & Information

Sector

Communication Services

Full-Time Employees

70,799

IPO Date

2012-05-18T00:00:00.000Z

Description

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

Phone

650 543 4800

Address

1601 Willow Road, Menlo Park, CA, 94025, US

CIK

0001326801