Snap Inc

NYSE SNAP

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Snap Inc Retention Ratio for the year ending December 31, 2023

Snap Inc Retention Ratio is NA for the year ending December 31, 2023. The retention ratio, also known as the plowback ratio, measures the proportion of a company's earnings that are retained after paying dividends. It is calculated by dividing the net income minus dividends paid by the net income. This ratio indicates the percentage of earnings that are reinvested back into the company rather than being distributed to shareholders as dividends. A higher retention ratio suggests a higher level of reinvestment, indicating potential future growth opportunities.
  • Snap Inc Retention Ratio for the year ending December 31, 2022 was 203.56%.
NYSE: SNAP

Snap Inc

CEO Mr. Evan T. Spiegel
IPO Date March 2, 2017
Location United States
Headquarters 3000 31st Street, Santa Monica, CA, United States, 90405
Employees 4,835
Sector Communication Services
Industry Internet content & information
Description

Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

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StockViz Staff

September 19, 2024

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