Recent results indicate strong and steady growth
Apple, the largest company among the group at $861 billion capitalization, was the only company that reported its first-quarter results. The other big tech giants reported its full-year results for 2017.
For its first quarter operations, Apple had 13% rise in revenue and had a healthy 23% profit margin. The company also had $285 billion in cash and $103.7 billion in debt (0.89x debt-equity ratio). Apple also had a free cash flow of $25.5 billion in the quarter.
Twelve-month results (Google, Netflix, Facebook, Amazon)
Google, $816 billion online search engine, reported 23% rise in revenue and kept 11% of its revenue in profits (low compared to prior year secondary to tax adjustments). The company had $101.9 billion in cash, $3+ billion in debt (0.03x debt-equity).
Netflix, $11.7 billion online video streaming company, reported 32% increase in revenue with 5% profit margin. The company had -$2 billion in free cash with $2.8 billion in cash with debt-equity ratio 1.8x (highest among the group).
Facebook, $40.7 billion social media company, delivered 47% revenue rise and 39% profit margin (most profitable among the group). The company had $41.7 billion in cash and a book value of $74.3 billion.
Amazon, $670 billion multi-purpose company, reported 31% increase in revenue and 2% profit margin (lowest among the group). The company had $31 billion in cash.
**Microsoft/Twitter/etc. are related companies and were not included in this brief review.