Founded in 2004 as Facebook, Meta operates the world’s largest social media platforms and has heavily influenced the development of the internet over the past two decades through Its pioneering use of personal data collection and targeted advertising. Meta’s products include Facebook, image-sharing app Instagram, and messaging platforms Messenger and WhatsApp; together, they enable users to keep in touch, share images and videos, and buy and sell goods. Meta’s Reality Labs segment develops virtual-reality-related consumer hardware and software, while Meta AI develops artificial intelligence tools including language-processing models. Facebook renamed itself Meta in 2021.
Meta Platforms
Meta Platforms in Fortune Rankings
- Fastest-growing Companies
- Company Info
- Fortune Rankings
- Future 50
- America's Most Innovative Companies
- World's Most Admired Companies
- Key Financials (last Fiscal Year)
- Profit Ratios
- Updated:8/5/24
- Country:U.S.
- Headquarters:Menlo Park, Calif.
- Industry:Internet Services and Retailing
- CEO:Mark Zuckerberg
- Website:https://investor.fb.com
- Ticker:META
- Company type:Public
- Revenues ($M):$134,902
- Profits ($M):$39,098
- Market value ($M):$1,258,678
- Number of employees:67,317
Market value as of July 15, 2024.
- Revenue 3 Yr Growth Rank:47
- Revenue 3 Yr Annual Growth Rate:27%
- EPS 3 Yr Growth Rank:97
- EPS 3 Yr Annual Growth Rate:19%
- Total Return 3 Yr Rank:62
- Total Return 3 Yr Annual Rate (Through June 30, 2023):21%
- Beat S&P 500 3 Yr Return (14.6%):yes
- Current Streak:7
- Years on List:7
- Sector:Technology
- Sector:Technology
- Industry:Internet Software & Services
- Country:U.S.
- Revenues ($M) (Last Fiscal Year):$12,466
- Company type:Public
- CEO:Mark Zuckerberg
- Website:https://www.facebook.com
- Impact Segment:Connecting the World
- Fortune 500 Rank:242
- Fortune 500 Profile:https://fortune.com/fortune500/facebook-242
- World's Greatest Leaders Rank:25
- World's Greatest Leaders Profile:https://fortune.com/worlds-greatest-leaders/mark-zuckerberg-25/
- Overall Score:1.5
- Sector:Communication Services
- Sector:Technology
- Culture rank:255
- Process rank:238
- Product rank:108
- Sector:Computers and Communication
- Industry:Internet Services and Retailing
- Current All-Star Rank:-
- Previous All-Star Rank:-
- Industry Rank:4
- Previous Industry Rank:6
- Overall Score:6.48
- Innovation:3
- People Management:3
- Use of Corporate Assets:8
- Social Responsibility:14
- Quality of Management:6
- Financial Soundness:5
- Long-Term Investment Value:4
- Quality of Products/Services:7
- Global Competitiveness:4
- $ Millions% change
- Revenues ($M):$134,90215.7%
- Profits ($M):$39,09868.5%
- Assets ($M):$229,623-
- Total Stockholder Equity ($M):$153,168-
- Profit as % of Revenues:29%
- Profits as % of Assets:17%
- Profits as % of Stockholder Equity:25.5%
Meta Platforms stock chart
Latest news on Meta Platforms
Meta Platforms in Fortune Rankings
- Fortune Global 500
- Fortune Sector Leaders: Technology
- World's Most Admired Companies
- America's Most Innovative Companies
- 100 Fastest-Growing Companies
- The Future 50
- Change the World