Meta Platforms, Inc.

NasdaqGS META

Meta Platforms, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 81.43%

Meta Platforms, Inc. Gross Profit Margin is 81.43% for the Trailing 12 Months (TTM) ending September 30, 2024, a 3.01% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Meta Platforms, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 79.05%, a -1.57% change year over year.
  • Meta Platforms, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 80.31%, a -0.67% change year over year.
  • Meta Platforms, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 80.85%, a -0.23% change year over year.
  • Meta Platforms, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 81.04%, a -0.99% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NasdaqGS: META

Meta Platforms, Inc.

CEO Mr. Mark Elliot Zuckerberg
IPO Date May 18, 2012
Location United States
Headquarters 1601 Willow Road
Employees 72,404
Sector Technology
Industries
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.

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StockViz Staff

January 15, 2025

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