Meta Platforms

Facebook dominates social media through its family of apps that include Instagram, WhatsApp, Messenger, and the original Facebook. The company, led by founder and CEO Mark Zuckerberg, debuted in 2004 as a social network for Harvard University students, one of whom was Zuckerberg himself. The service then spread to other colleges before becoming generally available in 2006. Since then, Facebook has attracted billions of users and has become a behemoth in digital advertising. But it also been plagued by controversy for mismanaging users’ data, spreading misinformation and hate speech, and gobbling up companies that could someday threaten its business. As a result, Facebook has become a target for politicians and regulators who want to crack down on the service.
F500-2020-046-Facebook
Michael Short—Bloomberg via Getty Images

Company Information

As of 6/5/23
Country/Territory
U.S.
Headquarters
Menlo Park, Calif.
Industry
Internet Services and Retailing
CEO
Mark Zuckerberg
Company Type
Public
Ticker
META
Revenues ($M)
$116,609
Profits ($M)
$23,200
Market Value ($M)
$549,484
Employees
86,482
Market value as of March 31, 2023.

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
8.59
EPS % Change (from 2021)
-37.6%
EPS % Change (5 year annual rate)
9.8%
EPS % Change (10 year annual rate)
96.5%

Total Return

Total Return to Investors (2022)
-64.2%
Total Return to Investors (5 year, annualized)
-7.4%
Total Return to Investors (10 year, annualized)
16.3%

America's Most Innovative Companies

Sector
Technology
Culture rank
255
Process rank
238
Product rank
108

World's Most Admired Companies

Sector
Computers and Communication
Industry
Internet Services and Retailing
Current All-Star Rank
-
Previous All-Star Rank
-
Industry Rank
6
Previous Industry Rank
11
Overall Score
5.52
Innovation
5
People Management
3
Use of Corporate Assets
14
Social Responsibility
12
Quality of Management
8
Financial Soundness
3
Long-Term Investment Value
11
Quality of Products/Services
13
Global Competitiveness
4

Key Financials (Last Fiscal Year)

($ Millions)
% change
Revenues ($M)
$117,929
37.2%
Profits ($M)
$39,370
35.1%
Assets ($M)
$165,987
-
Total Stockholder Equity ($M)
$124,879
-

Profit Ratios

Profit as % of Revenues
33.4%
Profits as % of Assets
23.7%
Profits as % of Stockholder Equity
31.5%

Fastest-Growing Companies

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, 2021)
21%
Beat S&P 500 3 Yr Return (18.6%)
yes
Current Streak
7
Years on List
7
Sector
Technology

Future 50

Overall Score
1.5
Sector
Communication Services
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