Meta Platforms (NEOE:META) 3-Year Revenue Growth Rate : 19.90% (As of Mar. 2024)

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What is Meta Platforms 3-Year Revenue Growth Rate?

Meta Platforms's Revenue per Share for the three months ended in Mar. 2024 was C$0.88.

During the past 12 months, Meta Platforms's average Revenue per Share Growth Rate was 18.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 19.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 22.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 33.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Meta Platforms was 58.60% per year. The lowest was 19.90% per year. And the median was 38.80% per year.

Competitive Comparison of Meta Platforms's 3-Year Revenue Growth Rate

For the Internet Content & Information subindustry, Meta Platforms's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Meta Platforms's 3-Year Revenue Growth Rate falls into.

Meta Platforms 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Meta Platforms (NEOE:META) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Meta Platforms 3-Year Revenue Growth Rate Related Terms

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Meta Platforms (NEOE:META) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (NEOE:META) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

META:USA META:Peru META:Mexico FB:Italy FB2Ad:UK 0QZI:UK FB2A:Germany METACL:Chile M1TA34:Brazil META:Austria

Address

1601 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.facebook.com

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.