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Held by 545 of 5,944 reporting institutions (97th percentile) — extremely crowded.
Data as of Q1 2026
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Ranked against 192 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GOOG | $4.10T | 31.4× | 27.4× | 10.2× | 15.1% | 59.7% | 32.8% | 31.8% | 28.5% | 0.3× | 4,874 |
| META | $1.70T | 28.7× | 16.9× | 8.4× | 22.2% | 82.0% | 30.1% | 27.8% | 21.9% | 0.6× | 4,839 |
| AMX | $1.40T | — | — | — | — | — | — | — | — | — | 318 |
| CHT | $350.5B | — | — | — | — | — | — | — | — | — | 206 |
| NFLX | $322.6B | 30.2× | 24.0× | 7.1× | 15.9% | 48.5% | 24.3% | 41.3% | 26.7% | 1.1× | 3,458 |
| CCZ | $239.2B | 12.0× | 6.4× | 1.9× | -0.0% | — | 16.2% | 20.6% | 19.4% | 0.2× | 1 |
| VZ | $210.3B | 12.3× | 4.3× | 1.5× | 2.5% | — | 12.4% | 16.2% | 16.2% | 0.0× | 3,122 |
| DIS | $203.3B | 15.6× | 10.5× | 2.1× | 3.4% | — | 13.1% | 11.3% | 8.2% | 1.8× | 2,883 |
| TMUS | $195.1B | 18.1× | 8.7× | 2.2× | 8.5% | — | 12.4% | 18.6% | 7.6% | 2.7× | 1,648 |
| T | $185.4B | 8.5× | 6.9× | 1.5× | 2.7% | — | 17.5% | 17.4% | 8.1% | 3.2× | 2,848 |
| VEON | $126.7B | — | — | — | — | — | — | — | — | — | 97 |
| DASH | $84.0B | 92.4× | 54.2× | 6.1× | 27.9% | — | 6.8% | 9.3% | 9.3% | — | 973 |
| WBD | $69.6B | 96.8× | 15.2× | 1.9× | -5.1% | — | 1.9% | 2.0% | 1.1% | 5.1× | 1,259 |
| EA | $52.6B | 59.7× | 36.1× | 7.0× | 0.9% | 79.0% | 11.8% | 13.1% | 13.1% | — | 998 |
| LYV | $40.3B | — | 25.5× | 1.6× | 8.8% | — | 2.0% | 183% | 5.9% | 5.0× | 779 |
| TTWO | $39.3B | — | 426.8× | 5.9× | 18.2% | 57.2% | -4.5% | -8.5% | -4.9% | 26.7× | 1,011 |
| TWLO | $36.4B | 1137.5× | 103.9× | 7.2× | 13.7% | 48.9% | 0.7% | 0.4% | 0.4% | 2.8× | 776 |
| RDDT | $29.4B | 60.1× | 62.1× | 13.3× | 69.4% | 91.2% | 24.1% | 18.1% | 18.1% | — | 765 |
| FOX | $27.3B | 12.1× | — | 1.7× | 16.6% | — | 14.1% | 19.2% | 12.4% | — | 505 |
| OMC | $24.8B | — | 57.9× | 1.4× | 10.1% | 8.5% | -0.3% | -0.5% | -0.3% | 15.8× | 1,083 |
| ROKU | $22.9B | 262.9× | 534.0× | 4.8× | 15.2% | 43.8% | 1.9% | 3.3% | 3.3% | — | 665 |
| FWONA | $21.9B | — | 40.0× | 4.9× | 22.7% | — | 12.4% | 7.2% | 4.3% | 7.9× | 283 |
| NWS | $19.0B | 16.1× | — | 2.3× | 2.4% | — | 14.0% | 13.4% | 11.0% | — | 304 |
| CHTR | $18.2B | 3.7× | 5.4× | 0.3× | -0.6% | — | 9.1% | 31.1% | 4.5% | 4.5× | 760 |
| TKO | $15.6B | 85.2× | 14.0× | 3.3× | -3.1% | — | 4.1% | 5.2% | 2.6% | 2.9× | 616 |
| SNAP | $10.0B | — | — | 1.7× | 10.6% | 55.0% | -7.8% | -20.2% | -7.9% | -9.6× | 545 |
Peers = companies sharing SNAP's sector (Communication Services) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
How management deployed cash over 10 years — and what it earned on reinvestment.
A balanced mix of reinvestment and shareholder returns.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -8%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~3.4% on $3.5B of debt.
Cash of $1.0B fully covers short-term debt of $47M.
Mostly long-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.93B 100.0% | $5.36B 100.0% | $4.61B 100.0% | $4.60B 100.0% | $4.12B 100.0% | $2.51B 100.0% | $1.72B 100.0% | $1.18B 100.0% | $824.9M 100.0% | $404.5M 100.0% |
| Cost of Revenue | $2.67B 45.0% | $2.47B 46.1% | $2.11B 45.9% | $1.82B 39.4% | $1.75B 42.5% | $1.18B 47.2% | $895.8M 52.2% | $798.9M 67.7% | $717.5M 87.0% | $451.7M 111.7% |
| Research & Development | $1.79B 30.2% | $1.69B 31.6% | $1.91B 41.5% | $2.11B 45.8% | $1.57B 38.0% | $1.10B 43.9% | $883.5M 51.5% | $772.2M 65.4% | $1.53B 186.1% | $183.7M 45.4% |
| Selling, General & Admin | $979.1M 16.5% | $919.1M 17.1% | $857.4M 18.6% | $953.3M 20.7% | $710.6M 17.3% | $529.2M 21.1% | $580.9M 33.9% | $477.0M 40.4% | $1.54B 186.1% | $165.2M 40.8% |
| Total Operating Expenses | $6.46B 109.0% | $6.15B 114.7% | $6.00B 130.4% | $6.00B 130.3% | $4.82B 117.1% | $3.37B 134.4% | $2.82B 164.3% | $2.45B 207.5% | $4.31B 522.5% | $924.9M 228.7% |
| Operating Income | -$532.2M -9.0% | -$787.3M -14.7% | -$1.40B -30.4% | -$1.40B -30.3% | -$702.1M -17.1% | -$862.1M -34.4% | -$1.10B -64.3% | -$1.27B -107.5% | -$3.49B -422.5% | -$520.4M -128.7% |
| Interest Expense | $122.0M 2.1% | $21.6M 0.4% | $22.0M 0.5% | $21.5M 0.5% | $17.7M 0.4% | $97.2M 3.9% | $25.0M 1.5% | $3.9M 0.3% | $3.5M 0.4% | $1.4M 0.4% |
| Interest & Investment Income | $134.2M 2.3% | $153.5M 2.9% | $168.4M 3.7% | $58.6M 1.3% | $5.2M 0.1% | $18.1M 0.7% | $36.0M 2.1% | $27.2M 2.3% | $21.1M 2.6% | $4.7M 1.2% |
| Other Income (Expense), net | $68.9M 1.2% | -$16.8M -0.3% | -$42.4M -0.9% | -$42.5M -0.9% | $240.2M 5.8% | $15.0M 0.6% | $59.0M 3.4% | -$8.2M -0.7% | $4.5M 0.5% | -$4.6M -1.1% |
| Pretax Income | -$451.1M -7.6% | -$672.2M -12.5% | -$1.29B -28.1% | -$1.40B -30.4% | -$474.4M -11.5% | -$926.2M -36.9% | -$1.03B -60.2% | -$1.25B -106.2% | -$3.46B -419.8% | -$521.7M -129.0% |
| Income Tax Expense | $9.4M 0.2% | $25.6M 0.5% | $28.1M 0.6% | $29.0M 0.6% | $13.6M 0.3% | $18.7M 0.7% | $393K 0.0% | $2.5M 0.2% | -$18.3M -2.2% | -$7.1M -1.8% |
| Net Income | -$460.5M -7.8% | -$697.9M -13.0% | -$1.32B -28.7% | -$1.43B -31.1% | -$488.0M -11.9% | -$944.8M -37.7% | -$1.03B -60.3% | -$1.26B -106.4% | -$3.45B -417.6% | -$514.6M -127.2% |
| Per Share | ||||||||||
| EPS (Basic) | $-0.27 | $-0.42 | $-0.82 | $-0.89 | $-0.31 | $-0.65 | $-0.75 | $-0.97 | $-2.95 | $-0.64 |
| EPS (Diluted) | $-0.27 | $-0.42 | $-0.82 | $-0.89 | $-0.31 | $-0.65 | $-0.75 | $-0.97 | $-2.95 | $-0.64 |
| Weighted Avg Shares (Basic) | 1.69B | 1.66B | 1.61B | 1.61B | 1.56B | 1.46B | 1.38B | 1.30B | 1.17B | 807.9M |
| Weighted Avg Shares (Diluted) | 1.69B | 1.66B | 1.61B | 1.61B | 1.56B | 1.46B | 1.38B | 1.30B | 1.17B | 807.9M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $5.65 today, the market must believe free cash flow compounds 21.3%/yr for a decade (off $230M normalized FCF).
The market's 21.3% is more optimistic than its 4-yr track record.
2-stage DCF · 1.76B shares · net debt $2.5B
mean 129.0% · volatility σ 277% · implied rate exceeded in 2/4 yrs
Central path = implied 21.3%/yr growth; shaded band = ±1σ (277%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $751M buybacks = $751M returned on $437M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
Where each multiple sits in its own 9-yr range · 6th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 9-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 67.7 | 52.2 | 47.2 | 42.5 | 39.4 | 45.9 | 46.1 | 45.0 |
| R&D | 65.4 | 51.5 | 43.9 | 38.0 | 45.8 | 41.5 | 31.6 | 30.2 |
| SG&A | 40.4 | 33.9 | 21.1 | 17.3 | 20.7 | 18.6 | 17.1 | 16.5 |
| Operating Income | -107.5 | -64.3 | -34.4 | -17.1 | -30.3 | -30.4 | -14.7 | -9.0 |
| Income Tax | 0.2 | 0.0 | 0.7 | 0.3 | 0.6 | 0.6 | 0.5 | 0.2 |
| Net Income | -106.4 | -60.3 | -37.7 | -11.9 | -31.1 | -28.7 | -13.0 | -7.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on SNAP: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.