Business description: Meta Platforms, Inc.

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows:

- operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ;

- sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc.

Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%).

Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

Number of employees: 72,404

Sales by Activity: Meta Platforms, Inc.

Fiscal Period: December20192020202120222023

Family of Apps

- - 116B 114B 133B

Internet Information Providers

70.7B 85.96B - - -

Reality Labs

- - 2.27B 2.16B 1.9B
See all business segments

Geographical breakdown of sales: Meta Platforms, Inc.

Fiscal Period: December20192020202120222023

United States

30.23B 36.25B 48.38B 47.2B 49.78B

Europe

16.83B 20.35B 29.06B 26.68B 31.21B

Asia-Pacific

15.41B 19.85B 26.74B 27.76B 22.46B

Rest of The World

6.26B 7.34B 10.59B 12.02B 14.65B

China

- - - - 13.69B

Canada

1.98B 2.18B 3.16B 2.95B 3.11B
See all geographic segments

Managers: Meta Platforms, Inc.

Director TitleAgeSince
Chief Executive Officer 39 03/02/2004
Director of Finance/CFO 38 31/10/2022
Chief Operating Officer 46 31/07/2022
Compliance Officer 59 31/01/2021
Chief Tech/Sci/R&D Officer 59 30/09/2016
See META PLATFORMS, INC. governance

Members of the board: Meta Platforms, Inc.

Manager TitleAgeSince
Chairman 39 31/12/2011
Director/Board Member 52 31/05/2008
Director/Board Member 52 29/05/2019
Director/Board Member 41 02/02/2020
Director/Board Member 70 08/03/2020
Director/Board Member 61 08/03/2020
Director/Board Member 76 25/03/2020
Director/Board Member 39 10/01/2022
Director/Board Member - 12/02/2024
Director/Board Member 72 12/02/2024
Composition of the Board of Directors

Shareholders: Meta Platforms, Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.702 %
189,695,452 8.702 % 109 B $
Fidelity Management & Research Co. LLC
6.341 %
138,225,242 6.341 % 79 386 M $
BlackRock Advisors LLC
5.755 %
125,453,703 5.755 % 72 051 M $
84,996,038 3.899 % 48 815 M $
JPMorgan Investment Management, Inc.
2.388 %
52,062,597 2.388 % 29 901 M $
NameEquities%Valuation
343,613,874 99.57 % 197 B $
NameEquities%Valuation
Safra Asset Management Ltda.
0.000000 %
0 0.000000 % - $
FOX Investimentos Ltda.
0.000000 %
0 0.000000 % - $
Daycoval Asset Management Administração de Recursos Ltda.
0.000000 %
0 0.000000 % - $
GCB Capital Gestao de Recursos de Valores Mobiliarios Ltda.
0.000000 %
0 0.000000 % - $
Verde Asset Management SA
0.000000 %
0 0.000000 % - $
List of META PLATFORMS, INC. shareholders

Company details: Meta Platforms, Inc.

Meta Platforms, Inc.

1 Meta Way

94025, Menlo Park

+650 543 4800

http://meta.com
address Meta Platforms, Inc.(META)

Group companies: Meta Platforms, Inc.

NameCategory and Sector
Sidecat LLC
Miscellaneous
Finance/Rental/Leasing
Miscellaneous
Real Estate Development
Data Processing Services
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Social Media & Networking

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Change 5d. change 1-year change 3-years change Capi. ($)
-1.66%+1.88%+85.61%+88.13%1,592B
+5.59%+12.78% - - 28.71B
-2.62%-0.53%-15.15%-46.12%26.38B
+1.08%+8.45%+109.09%-34.68%7.85B
+2.84%-3.50%-1.78%-75.87%7.68B
-0.96%+7.92%+7.58%-67.27%2.55B
-1.18%+1.61%+45.66%-73.58%974M
+0.48%+1.09%-42.06%-77.06%896M
-2.50%+0.52%+111.96%+26.62%498M
+0.60%+0.90% - - 392M
Average +0.49%+3.00%+37.61%-32.48% 166.83B
Weighted average by Cap. -0.76%+3.60%+83.49%+84.16%
See all sector performances
Trading Rating
Investor Rating
ESG Refinitiv
C
surperformance-ratings-light-chart META-PLATFORMS-INCMore Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
68
Last Close Price
630.79USD
Average target price
649.33USD
Spread / Average Target
+2.94%
Consensus

Quarterly revenue - Rate of surprise

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