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Meta Platforms (WBO:META) Market Cap : €1,048,156 Mil (As of Apr. 27, 2024)


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What is Meta Platforms Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Meta Platforms's share price for the quarter that ended in Mar. 2024 was €449.8. Meta Platforms's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,625 Mil. Therefore, Meta Platforms's market cap for the quarter that ended in Mar. 2024 was €1,180,725 Mil.

Meta Platforms's quarterly market cap increased from Sep. 2023 (€742,376 Mil) to Dec. 2023 (€830,148 Mil) and increased from Dec. 2023 (€830,148 Mil) to Mar. 2024 (€1,180,725 Mil).

Meta Platforms's annual market cap declined from Dec. 2021 (€832,716 Mil) to Dec. 2022 (€291,147 Mil) but then increased from Dec. 2022 (€291,147 Mil) to Dec. 2023 (€830,148 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Meta Platforms's Enterprise Value for Today is €1,029,059 Mil.


Meta Platforms Market Cap Historical Data

The historical data trend for Meta Platforms's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meta Platforms Market Cap Chart

Meta Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 529,160.08 644,158.90 832,715.80 291,147.32 830,148.15

Meta Platforms Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 496,110.44 677,084.95 742,376.25 830,148.15 1,180,725.00

Competitive Comparison of Meta Platforms's Market Cap

For the Internet Content & Information subindustry, Meta Platforms's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meta Platforms's Market Cap Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Market Cap distribution charts can be found below:

* The bar in red indicates where Meta Platforms's Market Cap falls into.



Meta Platforms Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Meta Platforms's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€324.15*2561
=€830,148

Meta Platforms's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€449.8*2625.000
=€1,180,725

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Meta Platforms  (WBO:META) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Meta Platforms Market Cap Related Terms

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Meta Platforms (WBO:META) Business Description

Address
1601 Willow Road, Menlo Park, CA, USA, 94025
Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (WBO:META) Headlines