Akam Stock Quote and Financial Performance

Akamai Technologies, Inc. has consistently delivered strong financial performance, with a revenue growth rate of 20% in the past five years. This impressive growth has been driven by the increasing demand for its cloud-based services.

The company's net income has also seen a significant increase, rising from $134 million in 2015 to $434 million in 2020, a growth of 223%. This demonstrates Akamai's ability to deliver value to its shareholders.

Akamai's stock price has also reflected its financial performance, with a 5-year price appreciation of 250%. This makes it an attractive investment option for those looking to tap into the growing demand for cloud services.

Akam stock, also known as Akamai Technologies Inc, has been around for a long time - 26 years to be exact. Akamai Technologies Inc is a global provider of content delivery network and cloud infrastructure services.

The company's solutions accelerate and improve the delivery of content over the Internet, enabling faster response to requests for web pages, streaming of video & audio, business applications. Its offerings are intended to reduce the impact of traffic congestion, bandwidth constraints and capacity limitations on customers.

Akamai's solutions allow customers to operate their web transactions anywhere anytime with cost-effective outsourced infrastructure and carry out predictable, scalable and secure e-business at low cost. The company's cloud optimization solutions help organizations to improve performance, increase availability and enhance the security of applications and key web assets delivered from data-centers to the end user.

The company reorganized its business into two main divisions - Media and Carrier and Web Division. Akamai Technologies Inc is a part of the Computer and Technology sector, specifically in the Internet Services industry.

Akamai's revenue in 2023 was $3.81 billion, a 5.40% increase from the previous year. This growth is a positive sign for the company.

In terms of profitability, Akamai's earnings were $547.63 million in 2023, a 4.57% increase from the previous year. This suggests that the company is generating more income from its operations.

Here are some key financial metrics for Akamai:

Akamai's profit margin in 2023 was 13.3%, indicating that the company is able to retain a significant portion of its revenue as profit.

The management team at Akamai is a key factor in the company's financial performance. They are responsible for making strategic decisions that impact the company's bottom line.

Frank Thomson Leighton serves as the President, Chief Executive Officer, and Director. He's the one at the helm, guiding the company's overall direction.

The company has a strong leadership team with a diverse range of skills and expertise. This is reflected in the various roles held by team members.

Here are some key members of the management team, grouped by function:

These individuals are responsible for driving growth and innovation within the company. They work closely together to make strategic decisions that impact the company's financial performance.

The board of directors also plays a crucial role in overseeing the company's management team. Daniel R. Hesse serves as the Independent Chairman, ensuring that the company is being run in a responsible and sustainable manner.

Akamai's revenue has been steadily increasing over the years, with a notable jump of 5.40% in 2023 to $3.81 billion. This growth is a testament to the company's strong financial performance.

The revenue for 2023 is the highest it's been in the past five years, surpassing the $3.62 billion mark in 2022. This increase is a positive sign for the company's future prospects.

Here's a breakdown of Akamai's revenue over the past five years:

Akamai's revenue has shown a consistent increase over the years, with the exception of a slight dip in 2022. However, the company's revenue has still managed to grow by an average of 7.3% per year over the past five years.

In terms of profitability, Akamai's operating income has been fluctuating over the years. In 2023, the operating income was $707.33 million, which is a decrease of 1.60% compared to the previous year.

Akamai's financial strength is a crucial aspect of its overall performance. Its cash-to-debt ratio stands at 0.37, indicating that the company has a manageable level of debt.

The equity-to-asset ratio is 0.47, showing that equity makes up a significant portion of Akamai's assets. This is a positive sign for investors.

Akamai's debt-to-equity ratio is 0.97, which is relatively high but not alarming. However, the debt-to-EBITDA ratio of 3.63 is a concern, as it suggests that the company's debt is not being efficiently managed.

Here's a breakdown of Akamai's financial strength metrics:

The Piotroski F-Score is 5/9, indicating that Akamai's financial health is mediocre, but not poor. The Altman Z-Score of 2.73 suggests that the company is in a safe zone, but not far from distress.

Akamai's financial strength is a testament to its solid financial foundation. The company's cash-to-debt ratio is a healthy 0.37, indicating that it has a manageable level of debt.

Akamai's ability to pay its debts is impressive, with an interest coverage ratio of 24.31. This means that for every dollar of interest it owes, it has 24.31 dollars of earnings to cover it.

The company's debt-to-equity ratio is 0.97, which is a relatively low number. This suggests that Akamai's equity is sufficient to cover its debt.

Akamai's debt-to-EBITDA ratio is 3.63, which is a moderate level of debt compared to its earnings before interest, taxes, depreciation, and amortization (EBITDA).

In terms of creditworthiness, Akamai's Altman Z-Score is 2.73, which indicates that it is in a "safe" category. This means that the company is unlikely to experience financial distress.

Here's a summary of Akamai's financial strength metrics:

Overall, Akamai's financial strength is a result of its careful management of debt and its ability to generate strong earnings.

The GF Value Rank is a key indicator of a company's financial strength. It's calculated based on a variety of metrics, including the PE Ratio, which is currently 29.75.

A high GF Value Rank suggests that a company's stock price is undervalued, making it a potential buying opportunity. Conversely, a low GF Value Rank indicates that the stock price is overvalued and may be due for a correction.

The GF Value Rank can be influenced by various factors, including the company's earnings growth, dividend yield, and debt-to-equity ratio. For example, a company with high earnings growth and a low debt-to-equity ratio is likely to have a high GF Value Rank.

Here's a breakdown of the GF Value Rank metrics:

These metrics provide a comprehensive view of a company's financial health and can help investors make informed decisions. By analyzing these metrics, investors can gain a better understanding of a company's potential for long-term growth and profitability.