Symantec
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Symantec

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    • Technologycybersecuritydata managementdata storageenterprise softwaresecurity

    Symantec provides security, storage and systems management solutions. The Company operates through three segments. The consumer security segment offers Norton-branded services that provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals, families and small businesses. The enterprise security segment provides secure socket layer certificates, authentication, mail and web security, data center security, data loss prevention, information security services, endpoint security and management, encryption and mobile security services. The information management segment focuses on backup and recovery, archiving and e-discovery, storage and high availability solutions.

    Revenue(FY, 2018)
    $4.8 B
    Market capitalization(2018-12-14)
    $13.8 B

    Employee Rating

    3.5More
    TypePublic
    HQMountain View, US
    Founded1982
    Size (employees)13,000 (est)+19%
    Websitesymantec.com
    Symantec was founded in 1982 and is headquartered in Mountain View, US
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    Key People/Management at Symantec

    Greg Clark

    Greg Clark

    CEO
    Michael Fey

    Michael Fey

    President and Chief Operating Officer
    Nick Noviello

    Nick Noviello

    Executive Vice President and Chief Financial Officer
    Scott Taylor

    Scott Taylor

    Executive Vice President, General Counsel and Secretary
    Brian Kenyon

    Brian Kenyon

    Chief Strategy Officer
    Hugh Thompson

    Hugh Thompson

    Chief Technology Officer
    Show more

    Symantec Office Locations

    Symantec has offices in Mountain View, San Diego, Tempe, Draper and in 91 other locations
    Mountain View, US (HQ)
    350 Ellis Street
    Miami, US
    9155 South Dadeland Blvd Suite 1100
    Miami, US
    1100 9155 S Dadeland Blvd
    Sydney, AU
    207 Kent St
    Machelen, BE
    5 Pegasuslaan
    Morumbi, BR
    Av. Dr. Chucri Zaidan, 920 - 12.o andar Market Place Tower
    Show all (103)
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    Symantec Financials and Metrics

    Symantec Revenue

    Embed Graph
    View revenue for all periods
    Symantec's revenue was reported to be $4.83 b in FY, 2018 which is a 20.3% increase from the previous period.
    USD

    Revenue (Q2, 2019)

    		1.2b

    Gross profit (Q2, 2019)

    		919.0m

    Gross profit margin (Q2, 2019), %

    		78.2%

    Net income (Q2, 2019)

    		(8.0m)

    EBIT (Q2, 2019)

    		102.0m

    Market capitalization (14-Dec-2018)

    		13.8b

    Closing stock price (14-Dec-2018)

    		21.6

    Cash (28-Sep-2018)

    		2.1b

    EV

    		16.7b
    Symantec's current market capitalization is $13.8 b.
    Annual
    USDFY, 2015FY, 2016FY, 2017FY, 2018

    Revenue

    		4.0b3.6b4.0b4.8b

    Revenue growth, %

    		(9%)12%20%

    Cost of goods sold

    		727.0m615.0m853.0m1.0b

    Gross profit

    		3.2b3.0b3.2b3.8b
    Quarterly
    USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Revenue

    		1.6b1.7b1.6b1.7b1.6b1.5b1.5b909.0m884.0m979.0m1.2b1.2b3.6b1.2b1.2b

    Cost of goods sold

    		284.0m283.0m278.0m309.0m279.0m264.0m254.0m150.0m149.0m210.0m257.0m262.0m768.0m249.0m256.0m

    Gross profit

    		1.4b1.4b1.3b1.4b1.4b1.2b1.2b759.0m735.0m769.0m918.0m978.0m2.9b907.0m919.0m

    Gross profit Margin, %

    		83%83%83%82%83%82%83%83%83%79%78%79%79%78%78%
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Cash

    		3.7b2.8b6.0b4.2b1.8b

    Accounts Receivable

    		1.0b700.0m556.0m649.0m809.0m

    Inventories

    		14.0m

    Current Assets

    		5.7b5.4b7.0b5.3b3.5b
    Quarterly
    USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Cash

    		3.7b3.8b3.0b3.1b2.8b3.1b3.0b2.2b6.1b5.6b2.3b1.8b2.1b2.0b2.1b

    Accounts Receivable

    		573.0m892.0m722.0m685.0m982.0m738.0m604.0m490.0m314.0m459.0m468.0m514.0m666.0m502.0m537.0m

    Inventories

    		16.0m13.0m11.0m11.0m12.0m

    Current Assets

    		5.0b5.3b5.0b5.3b5.3b4.7b5.0b7.2b6.8b6.5b3.2b3.7b3.6b3.4b3.4b
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Net Income

    		898.0m878.0m2.5b(106.0m)1.1b

    Depreciation and Amortization

    		491.0m530.0m640.0m

    Inventories

    		10.0m

    Accounts Payable

    		(75.0m)(67.0m)(4.0m)
    Quarterly
    USDQ2, 2014Q3, 2014Q2, 2014Q1, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2016Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

    Net Income

    		241.0m283.0m244.0m236.0m222.0m273.0m117.0m443.0m135.0m(144.0m)(133.0m)(145.0m)1.2b(63.0m)(68.0m)

    Depreciation and Amortization

    		13.0m13.0m12.0m202.0m13.0m224.0m14.0m34.0m152.0m305.0m

    Accounts Payable

    		219.0m230.0m212.0m50.0m184.0m61.0m115.0m139.0m(32.0m)20.0m5.0m19.0m(12.0m)

    Cash From Operating Activities

    		434.0m546.0m213.0m390.0m684.0m334.0m571.0m
    show all
    USDY, 2018

    EV/EBIT

    		163.5 x

    EV/CFO

    		29.2 x

    Financial Leverage

    		2.7 x
    Show all financial metrics

    Symantec Operating Metrics

    FY, 2014FY, 2015FY, 2016FY, 2017

    End Points Protected

    		175 m175 m175 m

    Patents (US)

    		2.20 k2.70 k1.70 k2.10 k

    Countries

    		50 50 35 40

    Threat Response Centers

    		9 9 9
    Show all operating metrics

    Symantec Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    AppthorityNovember 08, 2018
    Javelin NetworksNovember 08, 2018
    SurfEasyNovember 06, 2017
    FireglassJuly 06, 2017
    LifeLockNovember 20, 2016$2.30 b
    Blue CoatJune 13, 2016$4.65 b

    Symantec Revenue Breakdown

    Embed Graph

    Symantec revenue breakdown by business segment: 47.2% from Consumer Digital Safety and 52.8% from Enterprise Security

    Symantec revenue breakdown by geographic segment: 62.7% from Americas, 21.7% from EMEA and 15.6% from APJ

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    Competitors

    GlobalSCAPE
    Technology - Public
    Sophos
    Mobile & Telecommunications - Public
    Carbon Black
    Technology - Public
    Barracuda Networks
    Technology - Subsidiary
    Trend Micro
    Technology - Public
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    Symantec Online and Social Media Presence

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    Symantec News and Updates

    August 17, 2018

    Data Exfiltration Market 2018: Global Analysis By Key Players – Symantec, Mcafee, Palo Alto Networks, Fortinet, Zscaler

    Wiseguyreports.Com Publish New Market Research Report On -“Data Exfiltration Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2023” Posted via Industry Today. Follow us on Twitter @IndustryToday
    August 16, 2018

    Global Information Technology (IT) Security as A Service Market Trends, Applications, Regional Analysis to 2022 Covering Top Companies Like Cisco Systems Inc., Hewlett Packard Enterprise, Symantec Corporation

    This report studies the global Information Technology (IT) Security as A Service market, analyzes and researches the Information Technology (IT) Security as A Service development status and forecast in United States, EU, Japan, China, India and Southeast Asia. Posted via Industry Today. Follow us on…
    August 16, 2018

    Cybersecurity giant Symantec surges 10% after a $6 billion activist buys a stake (SYMC)

    Shares of Symantec jumped as much as 10% to $20.50 Thursday after Starboard reported a stake in the cybersecurity giant. Starboard, which manages roughly $6 billion, has taken a 5.8% stake in Symantec and nominated five directors to the board. The stock surge recovers some of the price loss after …
    August 16, 2018

    UPDATE 3-Starboard eyes Symantec board seats after taking stake

    * Cybersecurity firm is in midst of internal accounting probe
    August 16, 2018

    Starboard eyes Symantec board seats after taking stake

    (Reuters) - Hedge fund Starboard Value LP has nominated five directors to Symantec's board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance.
    August 16, 2018

    UPDATE 2-Starboard eyes Symantec board seats after taking stake

    Hedge fund Starboard Value LP has nominated five directors to Symantec's board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance.
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    Symantec Blogs

    December 12, 2018

    Microsoft Patch Tuesday – December 2018

    This month the vendor has patched 39 vulnerabilities, 9 of which are rated Critical.
    December 11, 2018

    Symantec and Fortinet: Two Leaders Come Together to Do What Leaders Do - Lead

    Teaming up on endpoint-firewall collaboration to help customers better battle growing security threats
    December 10, 2018

    Seedworm: Group Compromises Government Agencies, Oil & Gas, NGOs, Telecoms, and IT Firms

    Group remains highly active with more than 130 victims in 30 organizations hit since September 2018.
    December 10, 2018

    Creating a Welcoming Culture for Women In STEM

    Connie G, a former Software Engineer Intern at Symantec, shares her perspective on being a woman in tech, and why we need to cultivate a culture of collaboration.
    December 10, 2018

    On the Front Lines of Incident Response, It’s a Little Like “Groundhog Day”

    Many of the same e-mail-related mistakes continue to crop up. Here are some common-sense measures to escape this endless loop
    December 10, 2018

    Let's Stand up for Equality, Justice and Human Dignity

    Symantec celebrates International Human Rights day with a look at our support of the United Nations Global Compact and Sustainable Development Goals
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    Symantec Company Life and Culture

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     Symantec Frequently Asked Questions

    • When was Symantec founded?

      Symantec was founded in 1982.

    • Who are Symantec key executives?

      Symantec's key executives are Greg Clark, Michael Fey and Nick Noviello.

    • How many employees does Symantec have?

      Symantec has 13,000 employees.

    • What is Symantec revenue?

      Latest Symantec annual revenue is $4.8 b.

    • What is Symantec revenue per employee?

      Latest Symantec revenue per employee is $371.8 k.

    • Who are Symantec competitors?

      Competitors of Symantec include GlobalSCAPE, Sophos and Carbon Black.

    • Where is Symantec headquarters?

      Symantec headquarters is located at 350 Ellis Street, Mountain View.

    • Where are Symantec offices?

      Symantec has offices in Mountain View, San Diego, Tempe, Draper and in 91 other locations.

    • How many offices does Symantec have?

      Symantec has 103 offices.