{"id":32014,"date":"2024-12-20T23:56:00","date_gmt":"2024-12-20T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=32014"},"modified":"2025-07-13T10:47:03","modified_gmt":"2025-07-13T02:47:03","slug":"godaddy-largest-hosting","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/","title":{"rendered":"GoDaddy, world&#8217;s largest hosting platform, snapped the best year of share performance since listing"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Company_Profile\" >Company Profile<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Founder\" >Founder<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Services_provided\" >Services provided<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Initial_Public_Offering\" >Initial Public Offering<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Company_operations\" >Company operations<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Advantages_of_the_business\" >Advantages of the business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Business_covered\" >Business covered<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Biz_metrics\" >Biz metrics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Acquisitions\" >Acquisitions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Capital_market_performance\" >Capital market performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#2024_Q3_Financial_Report\" >2024 Q3 Financial Report<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Market_Cap\" >Market Cap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Price-to-Earnings_Ratio\" >Price-to-Earnings Ratio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Stock_price_performance\" >Stock price performance<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_Profile\"><\/span>Company Profile<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Founder\"><\/span>Founder<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.godaddy.com\/\" target=\"_blank\" rel=\"noopener\">GoDaddy (ticker: GDDY)<\/a> was founded in 1997 by Bob Parsons in Phoenix, Arizona. Parsons decided to retire after selling his financial software services company Parsons Technology to Intuit in the mid-1990s.<\/p>\n\n\n\n<p>In 1997, he founded Jomax Technologies, which later became GoDaddy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Services_provided\"><\/span>Services provided<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>It is a multinational listed company engaged in Internet domain name registration, web hosting, and website management tools.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Initial_Public_Offering\"><\/span>Initial Public Offering<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>GoDaddy&#8217;s initial public offering (IPO) took place on April 1, 2015.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_operations\"><\/span>Company operations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advantages_of_the_business\"><\/span>Advantages of the business<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Since the company&#8217;s main business is domain name registration and hosting, it has the following advantages:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Customers are all long-term contract customers and will not be lost to competitors unless there are special reasons; that is, customers and revenue will only increase, not decrease, so the company&#8217;s cash flow grows very steadily.<\/li>\n\n\n\n<li>With domain name registration and hosting, the two most basic Internet entry-level businesses, GoDaddy can easily expand to other Internet-related businesses based on this. Therefore, GoDaddy can be said to have a very promising future.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_covered\"><\/span>Business covered<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In addition to domain name registration and hosting, GoDaddy also sells e-commerce software and services, including domain name services (domain name transfer and privacy protection), domain name auctions, domain name investment tools, websites, website hosting and cloud servers, website security ( SSL digital certificates, malware removal services and code signing certificates), online marketing, professional email and Microsoft Office office applications.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Biz_metrics\"><\/span>Biz metrics<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of 2023, GoDaddy hosts more than 62 million registered domains, making it the world&#8217;s largest ICANN-accredited registrar, serving more than 21 million customers.<\/p>\n\n\n\n<p>In terms of market share, GoDaddy is the fifth largest web hosting provider in the world.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Acquisitions\"><\/span>Acquisitions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In July 2012, GoDaddy announced the acquisition of Outright, but did not disclose the amount.<\/li>\n\n\n\n<li>In August 2013, GoDaddy announced the acquisition of Locu for $70 million.<\/li>\n\n\n\n<li>In September 2013, GoDaddy purchased the domain name trading platform Afternic from NameMedia. GoDaddy also acquired domain parking service company SmartName and domain search service company NameFind.<\/li>\n\n\n\n<li>On October 15, 2013, GoDaddy acquired MediaTemple, a domain hosting and website services company. MediaTemple said in a client newsletter that the company &#8220;will continue to operate as an independent and autonomous entity.&#8221;<\/li>\n\n\n\n<li>In July 2014, GoDaddy acquired Canary, a small business based in Cambridge, UK, that provides smart calendar services.<\/li>\n\n\n\n<li>On August 20, 2014, GoDaddy acquired MadMimi, an email marketing service provider headquartered in Brooklyn, USA.<\/li>\n\n\n\n<li>In April 2015, GoDaddy acquired Elto, a San Francisco-based startup that provides a marketplace platform that allows business owners and non-technical people to contact web developers to help them build web pages and improve their online presence. Rate.&#8221;<\/li>\n\n\n\n<li>In April and November 2015, GoDaddy purchased a large number of domain names from Marchex and WorldwideMedia respectively.<\/li>\n\n\n\n<li>In December 2020, GoDaddy acquired Poynt, a company headquartered in Palo Alto, California, USA, which mainly provides payment processing services, including contactless in-store terminals and online and telephone payment acceptance technologies.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_market_performance\"><\/span>Capital market performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2024_Q3_Financial_Report\"><\/span>2024 Q3 Financial Report<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>GoDaddy reported revenue of $1.15 billion, up 7.3% year over year. The figure was in line with analysts&#8217; expectations. Overall, it was a strong quarter as its EBITDA far exceeded analysts&#8217; expectations and its order intake also beat analysts&#8217; expectations by a wide margin.<\/p>\n\n\n\n<p>Since the report, the stock has risen 26.1%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Cap\"><\/span>Market Cap<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of December 13, 2024, GoDaddy&#8217;s market value is US$29.03 billion. At this level, it can only be considered a mid-cap stock in the U.S. stock market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Price-to-Earnings_Ratio\"><\/span>Price-to-Earnings Ratio<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of December 13, 2024, GoDaddy&#8217;s P\/E ratio is 16.25 times.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_price_performance\"><\/span>Stock price performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of December 13, 2024, GoDaddy stock:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Since the beginning of 2024, it has risen by 100.76%.<\/li>\n\n\n\n<li>Since the company went public, it has risen by 680.3%.<\/li>\n\n\n\n<li>It is one of the top ten stocks in terms of stock price performance in 2024 among all the components of the S&amp;P 500 index!<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"180\" height=\"37\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2024\/12\/GoDaddy-Custom.png\" alt=\"GoDaddy\" class=\"wp-image-32015\"\/><figcaption class=\"wp-element-caption\">credit: GoDaddy<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/20\/godaddy-largest-hosting\/\">GoDaddy, world&#8217;s largest hosting platform, snapped the best year of share performance since listing<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/07\/12\/wix-website-building\/\">Wix, the leading brand of online website building<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/03\/28\/reddit-making-money\/\">Reddit first profitability sent stock rally 2.5 folds<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/01\/03\/verisign-buffett\/\">VeriSign, one of Buffett&#8217;s few long-term tech holding, performance is not that good<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/12\/palo-alto-networks\/\">How Palo Alto Networks, a rare long-term continuous and stable growth security giant, makes money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/03\/17\/crowdstrike\/\" target=\"_blank\" rel=\"noreferrer noopener\">How perform well and high growing CrowdStrike makes money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/02\/28\/cloudflare\/\">Cloudflare, a rising star in cloud computing infrastructure<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/13\/fastly-outage-stock-soaring\/\">Why Fastly shutdown thousands websites but its stock soaring 11%?<\/a>&#8221; <\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>As of 2023, GoDaddy hosts more than 62 million registered domains, making it the world&#8217;s largest ICANN-accredited registrar, serving more than 21 million customers. In terms of market share, GoDaddy is the fifth largest web hosting provider in the world.<\/p>\n","protected":false},"author":1,"featured_media":32015,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118,127,437],"tags":[1410],"class_list":["post-32014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","category-cloud-computing","category-security","tag-gddy"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/32014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=32014"}],"version-history":[{"count":17,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/32014\/revisions"}],"predecessor-version":[{"id":37348,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/32014\/revisions\/37348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/32015"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=32014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=32014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=32014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}