akamai technologies inc. - AKAM
AKAM
Close Chg Chg %
87.96 3.12 3.55%
Closed Market
91.08
+3.12 (3.55%)
Volume: 2.08M
Last Updated:
Nov 21, 2024, 4:00 PM EDT
Company Overview: akamai technologies inc. - AKAM
AKAM Key Data
| Open $88.42 | Day Range 88.00 - 91.20 |
| 52 Week Range 84.71 - 129.17 | Market Cap $13.21B |
| Shares Outstanding 150.23M | Public Float 147.41M |
| Beta 0.68 | Rev. Per Employee N/A |
| P/E Ratio 26.06 | EPS $3.47 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 2.27M |
AKAM Performance
| 1 Week | 4.17% | ||
| 1 Month | -10.68% | ||
| 3 Months | -10.56% | ||
| 1 Year | -19.86% | ||
| 5 Years | 3.54% |
AKAM Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
24
Full Ratings ➔
About akamai technologies inc. - AKAM
Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing, and securing content and business applications over the Internet. Its products include security, web performance, media delivery, and network operator. The company was founded by Frank T. Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel M. Lewin on August 20, 1998 and is headquartered in Cambridge, MA.
AKAM At a Glance
Akamai Technologies, Inc.
145 Broadway
Cambridge, Massachusetts 02142-1413
| Phone | 1-617-444-3000 | Revenue | 3.81B | |
| Industry | Data Processing Services | Net Income | 547.63M | |
| Sector | Technology Services | 2023 Sales Growth | 5.399% | |
| Fiscal Year-end | 12 / 2024 | Employees | 10,250 | |
| View SEC Filings |
AKAM Valuation
| P/E Current | 26.057 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 33.583 |
| Price to Sales Ratio | 4.825 |
| Price to Book Ratio | 3.893 |
| Price to Cash Flow Ratio | 13.639 |
| Enterprise Value to EBITDA | 17.262 |
| Enterprise Value to Sales | 5.788 |
| Total Debt to Enterprise Value | 0.206 |
AKAM Efficiency
| Revenue/Employee | 371,894.634 |
| Income Per Employee | 53,427.22 |
| Receivables Turnover | 5.263 |
| Total Asset Turnover | 0.419 |
AKAM Liquidity
| Current Ratio | 2.106 |
| Quick Ratio | 2.106 |
| Cash Ratio | 1.034 |
AKAM Profitability
| Gross Margin | 56.965 |
| Operating Margin | 18.556 |
| Pretax Margin | 17.118 |
| Net Margin | 14.366 |
| Return on Assets | 6.017 |
| Return on Equity | 12.227 |
| Return on Total Capital | 5.996 |
| Return on Invested Capital | 6.741 |
AKAM Capital Structure
| Total Debt to Total Equity | 98.669 |
| Total Debt to Total Capital | 49.665 |
| Total Debt to Total Assets | 45.818 |
| Long-Term Debt to Equity | 93.82 |
| Long-Term Debt to Total Capital | 47.224 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Akamai Technologies Inc. - AKAM
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 3.20B | 3.46B | 3.62B | 3.81B | |
Sales Growth
| +10.52% | +8.23% | +4.49% | +5.40% | |
Cost of Goods Sold (COGS) incl D&A
| 1.26B | 1.40B | 1.52B | 1.64B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 478.39M | 550.63M | 592.75M | 570.78M | |
Depreciation
| 436.34M | 502.61M | 527.77M | 504.02M | |
Amortization of Intangibles
| 42.05M | 48.02M | 64.98M | 66.75M | |
COGS Growth
| +13.83% | +11.24% | +8.52% | +8.06% | |
Gross Income
| 1.94B | 2.06B | 2.10B | 2.17B | |
Gross Income Growth
| +8.48% | +6.27% | +1.76% | +3.47% | |
Gross Profit Margin
| +60.68% | +59.58% | +58.03% | +56.97% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 1.24B | 1.26B | 1.38B | 1.46B | |
Research & Development
| 269.31M | 335.37M | 388.60M | 405.33M | |
Other SG&A
| 969.58M | 919.74M | 991.15M | 1.06B | |
SGA Growth
| +2.32% | +1.31% | +9.93% | +6.12% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 323.84M | 310.85M | 270.78M | 258.09M | |
EBIT after Unusual Expense
| 377.83M | 496.35M | 448.07M | 449.24M | |
Non Operating Income/Expense
| 307.37M | 304.20M | 221.03M | 221.00M | |
Non-Operating Interest Income
| 29.12M | 15.62M | 3.26M | 45.19M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 69.12M | 72.33M | 11.10M | 17.71M | |
Interest Expense Growth
| +40.02% | +4.65% | -84.66% | +59.60% | |
Gross Interest Expense
| 73.45M | 76.00M | 11.39M | 18.17M | |
Interest Capitalized
| 4.33M | 3.67M | 293.00K | 462.00K | |
Pretax Income
| 616.08M | 728.22M | 658.00M | 652.53M | |
Pretax Income Growth
| +15.70% | +18.20% | -9.64% | -0.83% | |
Pretax Margin
| +19.26% | +21.04% | +18.19% | +17.12% | |
Income Tax
| 45.92M | 62.57M | 126.70M | 106.37M | |
Income Tax - Current - Domestic
| 10.14M | 24.88M | 63.13M | 34.59M | |
Income Tax - Current - Foreign
| 76.16M | 90.03M | 172.65M | 99.22M | |
Income Tax - Deferred - Domestic
| (34.35M) | (47.98M) | (92.48M) | (24.91M) | |
Income Tax - Deferred - Foreign
| (6.02M) | (4.36M) | (16.59M) | (2.54M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 557.05M | 651.64M | 523.67M | 547.63M | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 557.05M | 651.64M | 523.67M | 547.63M | |
Net Income Growth
| +16.53% | +16.98% | -19.64% | +4.57% | |
Net Margin Growth
| +17.42% | +18.83% | +14.48% | +14.37% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 557.05M | 651.64M | 523.67M | 547.63M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 557.05M | 651.64M | 523.67M | 547.63M | |
EPS (Basic)
| 3.4282 | 4.006 | 3.2917 | 3.5908 | |
EPS (Basic) Growth
| +16.68% | +16.85% | -17.83% | +9.09% | |
Basic Shares Outstanding
| 162.49M | 162.66M | 159.09M | 152.51M | |
EPS (Diluted)
| 3.3717 | 3.9302 | 3.2634 | 3.5241 | |
EPS (Diluted) Growth
| +16.08% | +16.56% | -16.97% | +7.99% | |
Diluted Shares Outstanding
| 165.21M | 165.80M | 160.47M | 155.40M | |
EBITDA
| 1.18B | 1.36B | 1.31B | 1.28B | |
EBITDA Growth
| +15.84% | +15.06% | -3.40% | -2.55% | |
EBITDA Margin
| +36.90% | +39.23% | +36.27% | +33.53% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 113.647 | |
| Number of Ratings | 24 | Current Quarters Estimate | 1.532 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 6.346 | |
| Last Quarter’s Earnings | 1.59 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 6.20 | Next Fiscal Year Estimate | 6.58 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 19 | 16 | 20 | 20 |
| Mean Estimate | 1.53 | 1.59 | 6.35 | 6.58 |
| High Estimates | 1.59 | 1.74 | 6.41 | 7.14 |
| Low Estimate | 1.50 | 0.80 | 6.26 | 3.40 |
| Coefficient of Variance | 1.26 | 13.71 | 0.44 | 11.58 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 13 | 11 | 12 |
| OVERWEIGHT | 4 | 4 | 4 |
| HOLD | 6 | 8 | 9 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 1 | 1 | 1 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Akamai Technologies Inc. - AKAM
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Akamai Technologies Inc. - AKAM
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Sep 13, 2024 | Laura Howell SVP, Chief Accounting Officer | 2,577 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Sep 13, 2024 | Laura Howell SVP, Chief Accounting Officer | 15,930 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Sep 13, 2024 | Laura Howell SVP, Chief Accounting Officer | 15,557 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $96.66 per share | 1,503,739.62 |
| Jun 18, 2024 | Robert Blumofe Chief Technology Officer | 24,510 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $88.34 per share | 2,165,213.40 |
| Jun 4, 2024 | Sharon Y. Bowen Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 4, 2024 | Sharon Y. Bowen Director | 5,455 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| May 29, 2024 | William Raymond Wagner Director | 14,519 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $93.54 per share | 1,358,107.26 |
| May 16, 2024 | Anthony Williams EVP and CHRO | 9,938 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $93.58 per share | 929,998.04 |
| May 15, 2024 | Frank Thomson Leighton Chief Executive Officer; Director | 2,342,621 | Open market or private purchase of non-derivative security Non-derivative transaction at $92.68 per share | 217,114,114.28 |
| May 14, 2024 | Bernardus Johannes Maria Verwaayen Director | 3,344 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 14, 2024 | Marianne C. Brown Director | 3,344 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 14, 2024 | Daniel R. Hesse Director | 3,838 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 14, 2024 | Jonathan F. Miller Director | 3,015 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 14, 2024 | Madhu Ranganathan Director | 3,344 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 14, 2024 | Peter Thomas Killalea Director | 3,015 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 14, 2024 | Monte E. Ford Director | 3,344 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 13, 2024 | Aaron S. Ahola EVP & General Counsel | 16,178 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $109.68 per share | 1,774,403.04 |
| Mar 13, 2024 | Edward J. McGowan Chief Financial Officer | 23,255 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $110.55 per share | 2,570,840.25 |
| Mar 13, 2024 | Aaron S. Ahola EVP & General Counsel | 17,281 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $110.74 per share | 1,913,697.94 |
| Mar 11, 2024 | Robert Blumofe Chief Technology Officer | 27,621 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $110.16 per share | 3,042,729.36 |