Alphabet (GOOG) Financials

$165.32 -2.55 (-1.52%)

As of 05/20/2025 04:00 PM Eastern

Annual Income Statements for Alphabet

This table shows Alphabet's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	100,118	73,795	59,972	76,033	40,269	34,343	30,736	12,662	19,478	15,826
Consolidated Net Income / (Loss)	100,118	73,795	59,972	76,033	40,269	34,343	30,736	12,662	19,478	16,348
Net Income / (Loss) Continuing Operations	100,118	73,795	59,972	76,033	40,269	34,343	30,736	12,662	19,478	16,348
Total Pre-Tax Income	119,815	85,717	71,328	90,734	48,082	39,625	34,913	27,193	24,150	19,651
Total Operating Income	112,390	84,293	74,842	78,714	41,224	34,231	27,524	26,178	23,716	19,360
Total Gross Profit	203,712	174,062	156,633	146,698	97,795	89,961	77,270	65,272	55,134	46,825
Total Revenue	350,018	307,394	282,836	257,637	182,527	161,857	136,819	110,855	90,272	74,989
Operating Revenue	350,018	307,394	282,836	257,637	182,527	161,857	136,819	110,855	90,272	74,989
Total Cost of Revenue	146,306	133,332	126,203	110,939	84,732	71,896	59,549	45,583	35,138	28,164
Operating Cost of Revenue	146,306	133,332	126,203	110,939	84,732	71,896	59,549	45,583	35,138	28,164
Total Operating Expenses	91,322	89,769	81,791	67,984	56,571	55,730	49,746	39,094	31,418	27,465
Selling, General & Admin Expense	14,188	16,425	15,724	13,510	11,052	9,551	6,923	6,840	6,985	6,136
Marketing Expense	27,808	27,917	26,567	22,912	17,946	18,464	16,333	12,893	10,485	9,047
Research & Development Expense	49,326	45,427	39,500	31,562	27,573	26,018	21,419	16,625	13,948	12,282
Total Other Income / (Expense), net	7,425	1,424	-3,514	12,020	6,858	5,394	7,389	1,015	434	291
Other Income / (Expense), net	7,425	1,424	-3,514	12,020	6,858	5,394	7,389	1,015	434	291
Income Tax Expense	19,697	11,922	11,356	14,701	7,813	5,282	4,177	14,531	4,672	3,303
Basic Earnings per Share	$8.13	$5.84	$4.59	$5.69	$2.96	$49.59	$44.22	$18.27	$28.32	$47.74
Weighted Average Basic Shares Outstanding	12.19B	12.43B	12.81B	660.97M	674.14M	687.29M	695.10M	693M	687.80M	684.80M
Diluted Earnings per Share	$8.04	$5.80	$4.56	$5.61	$2.93	$49.16	$43.70	$18.00	$27.85	$47.18
Weighted Average Diluted Shares Outstanding	12.19B	12.43B	12.81B	660.97M	674.14M	687.29M	695.10M	693M	687.80M	684.80M
Weighted Average Basic & Diluted Shares Outstanding	12.19B	12.43B	12.81B	660.97M	674.14M	687.29M	695.10M	693M	687.80M	684.80M
Cash Dividends to Common per Share	$0.60	-	-	-	-	-	-	-	-	-

This table shows Alphabet's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	34,540	26,536	26,301	23,619	23,662	20,687	19,689	18,368	15,051	13,624	13,910
Consolidated Net Income / (Loss)	34,540	26,536	26,301	23,619	23,662	20,687	19,689	18,368	15,051	13,624	13,910
Net Income / (Loss) Continuing Operations	34,540	26,536	26,301	23,619	23,662	20,687	19,689	18,368	15,051	13,624	13,910
Total Pre-Tax Income	41,789	32,243	31,706	27,551	28,315	24,412	21,197	21,903	18,205	17,147	16,233
Total Operating Income	30,606	30,972	28,521	27,425	25,472	23,697	21,343	21,838	17,415	18,160	17,135
Total Gross Profit	53,873	55,856	51,794	49,235	46,827	48,735	43,464	42,688	39,175	40,706	37,934
Total Revenue	90,234	96,469	88,268	84,742	80,539	86,310	76,693	74,604	69,787	76,048	69,092
Operating Revenue	90,234	96,469	88,268	84,742	80,539	86,310	76,693	74,604	69,787	76,048	69,092
Total Cost of Revenue	36,361	40,613	36,474	35,507	33,712	37,575	33,229	31,916	30,612	35,342	31,158
Operating Cost of Revenue	36,361	40,613	36,474	35,507	33,712	37,575	33,229	31,916	30,612	35,342	31,158
Total Operating Expenses	23,267	24,884	23,273	21,810	21,355	25,038	22,121	20,850	21,760	22,546	20,799
Selling, General & Admin Expense	3,539	4,405	3,599	3,158	3,026	5,206	3,979	3,481	3,759	5,096	3,597
Marketing Expense	6,172	7,363	7,227	6,792	6,426	7,719	6,884	6,781	6,533	7,183	6,929
Research & Development Expense	13,556	13,116	12,447	11,860	11,903	12,113	11,258	10,588	11,468	10,267	10,273
Total Other Income / (Expense), net	11,183	1,271	3,185	126	2,843	715	-146	65	790	-1,013	-902
Other Income / (Expense), net	11,183	1,271	3,185	126	2,843	715	-146	65	790	-1,013	-902
Income Tax Expense	7,249	5,707	5,405	3,932	4,653	3,725	1,508	3,535	3,154	3,523	2,323
Basic Earnings per Share	$2.84	$2.17	$2.14	$1.91	$1.91	$1.66	$1.56	$1.45	$1.18	$1.06	$1.07
Weighted Average Basic Shares Outstanding	12.14B	12.19B	12.24B	12.31B	12.36B	12.43B	12.52B	12.61B	12.70B	12.81B	12.94B
Diluted Earnings per Share	$2.81	$2.14	$2.12	$1.89	$1.89	$1.66	$1.55	$1.44	$1.17	$1.06	$1.06
Weighted Average Diluted Shares Outstanding	12.14B	12.19B	12.24B	12.31B	12.36B	12.43B	12.52B	12.61B	12.70B	12.81B	12.94B
Weighted Average Basic & Diluted Shares Outstanding	12.14B	12.19B	12.24B	12.31B	12.36B	12.43B	12.52B	12.61B	12.70B	12.81B	12.94B
Cash Dividends to Common per Share	$0.20	-	$0.20	$0.20	-	-	-	-	-	-	-

This table details how cash moves in and out of Alphabet's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-582	2,169	934	-5,520	7,967	1,797	6,288	-2,608	-3,631	-1,798
Net Cash From Operating Activities	125,299	101,746	91,495	91,652	65,124	54,520	47,971	37,091	36,036	26,572
Net Cash From Continuing Operating Activities	125,299	101,746	91,495	91,652	65,124	54,520	47,971	37,091	36,036	26,572
Net Income / (Loss) Continuing Operations	100,118	73,795	59,972	76,033	40,269	34,343	30,736	12,662	19,478	16,348
Consolidated Net Income / (Loss)	100,118	73,795	59,972	76,033	40,269	34,343	30,736	12,662	19,478	16,348
Depreciation Expense	15,311	11,946	13,475	10,273	12,905	10,856	8,164	6,103	5,267	4,132
Non-Cash Adjustments To Reconcile Net Income	23,533	27,613	28,364	5,061	7,941	7,404	2,514	8,010	7,152	5,749
Changes in Operating Assets and Liabilities, net	-13,663	-11,608	-10,316	285	3,217	992	5,686	9,504	3,262	-588
Net Cash From Investing Activities	-45,536	-27,063	-20,298	-35,523	-32,773	-29,491	-28,504	-31,401	-31,165	-23,711
Net Cash From Continuing Investing Activities	-45,536	-27,063	-20,298	-35,523	-32,773	-29,491	-28,504	-31,401	-31,165	-23,711
Purchase of Property, Plant & Equipment	-52,535	-32,251	-31,485	-24,640	-22,281	-23,548	-25,139	-13,184	-10,212	-9,950
Acquisitions	-2,931	-495	-6,969	-2,618	-738	-2,515	-1,491	-287	-986	-236
Purchase of Investments	-91,713	-80,885	-81,405	-138,034	-143,751	-102,247	-52,231	-93,940	-88,046	-77,044
Sale and/or Maturity of Investments	104,310	87,619	97,972	129,228	133,929	98,230	50,259	75,911	67,389	63,059
Other Investing Activities, net	-2,667	-1,051	1,589	541	68	589	98	99	450	425
Net Cash From Financing Activities	-79,733	-72,093	-69,757	-61,362	-24,408	-23,209	-13,179	-8,298	-8,332	-4,225
Net Cash From Continuing Financing Activities	-79,733	-72,093	-69,757	-61,362	-24,408	-23,209	-13,179	-8,298	-8,332	-4,225
Repayment of Debt	-12,701	-11,550	-54,068	-21,435	-2,100	-585	-6,827	-4,377	-10,064	-13,728
Repurchase of Common Equity	-62,222	-61,504	-59,296	-50,274	-31,149	-18,396	-9,075	-4,846	-3,693	-1,780
Payment of Dividends	-7,363	0.00	0.00	-	-	-	-	-	-	-47
Issuance of Debt	13,589	10,790	52,872	20,199	11,761	317	6,766	4,291	8,729	13,705
Issuance of Common Equity	1,154	8.00	35	310	2,800	220	950	800	0.00	0.00
Other Financing Activities, net	-12,190	-9,837	-9,300	-10,162	-5,720	-4,765	-4,993	-4,166	-3,304	-2,375
Effect of Exchange Rate Changes	-612	-421	-506	-287	24	-23	-	-	-170	-434

This table details how cash moves in and out of Alphabet's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-202	3,507	-7,266	2,732	445	-6,654	4,773	5.00	4,045	-105	4,048
Net Cash From Operating Activities	36,150	39,113	30,698	26,640	28,848	18,915	30,656	28,666	23,509	23,614	23,353
Net Cash From Continuing Operating Activities	36,150	39,113	30,698	26,640	28,848	18,915	30,656	28,666	23,509	23,614	23,353
Net Income / (Loss) Continuing Operations	34,540	26,536	26,301	23,619	23,662	20,687	19,689	18,368	15,051	13,624	13,910
Consolidated Net Income / (Loss)	34,540	26,536	26,301	23,619	23,662	20,687	19,689	18,368	15,051	13,624	13,910
Depreciation Expense	4,487	4,205	3,985	3,708	3,413	3,316	3,171	2,824	2,635	2,253	3,933
Non-Cash Adjustments To Reconcile Net Income	-3,963	6,704	5,272	7,740	3,817	6,853	7,503	6,953	6,304	9,877	6,521
Changes in Operating Assets and Liabilities, net	1,086	1,668	-4,860	-8,427	-2,044	-11,941	293	521	-481	-1,635	-1,124
Net Cash From Investing Activities	-16,194	-16,180	-18,011	-2,781	-8,564	-6,167	-7,150	-10,800	-2,946	-6,227	-833
Net Cash From Continuing Investing Activities	-16,194	-16,180	-18,011	-2,781	-8,564	-6,167	-7,150	-10,800	-2,946	-6,227	-833
Purchase of Property, Plant & Equipment	-17,197	-14,276	-13,061	-13,186	-12,012	-11,019	-8,055	-6,888	-6,289	-7,595	-7,276
Acquisitions	-340	-91	-2,753	-26	-61	-29	-126	-298	-42	-84	-5,649
Purchase of Investments	-19,411	-23,445	-23,058	-23,320	-21,890	-29,287	-14,496	-22,249	-14,853	-12,524	-17,418
Sale and/or Maturity of Investments	20,604	21,799	23,329	33,884	25,298	34,234	16,155	18,867	18,363	13,754	28,719
Other Investing Activities, net	150	-167	-2,468	-133	101	-66	-628	-232	-125	222	791
Net Cash From Financing Activities	-20,201	-19,036	-20,094	-20,889	-19,714	-19,308	-18,382	-17,835	-16,568	-17,629	-18,097
Net Cash From Continuing Financing Activities	-20,201	-19,036	-20,094	-20,889	-19,714	-19,308	-18,382	-17,835	-16,568	-17,629	-18,097
Repayment of Debt	-4,521	-3,750	-3,449	-2,423	-3,079	-1,929	-1,414	-1,255	-6,952	-8,718	-15,768
Repurchase of Common Equity	-15,068	-15,551	-15,291	-15,684	-15,696	-16,191	-15,787	-14,969	-14,557	-15,407	-15,392
Payment of Dividends	-2,434	-2,442	-2,455	-	-	-	-	-	-	-	-
Issuance of Debt	4,532	4,895	3,819	2,893	1,982	1,492	1,248	1,123	6,927	8,550	15,094
Issuance of Common Equity	400	861	285	-	8.00	-	3.00	2.00	3.00	25	10
Other Financing Activities, net	-3,110	-3,049	-3,003	-3,209	-2,929	-2,680	-2,432	-2,736	-1,989	-2,079	-2,041
Effect of Exchange Rate Changes	43	-390	141	-238	-125	-94	-351	-26	50	137	-375

This table presents Alphabet's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	450,256	402,392	365,264	359,268	319,616	275,909	232,792	197,295	167,497	147,461
Total Current Assets	163,711	171,530	164,795	188,143	174,296	152,578	135,676	124,308	105,408	90,114
Cash & Equivalents	23,466	24,048	21,879	20,945	26,465	18,498	16,701	10,715	12,918	16,549
Short-Term Investments	72,191	86,868	91,883	118,704	110,229	101,177	92,439	91,156	73,415	56,967
Accounts Receivable	52,340	47,964	40,258	39,304	30,930	25,326	20,838	18,336	14,137	11,556
Other Current Assets	15,714	12,650	10,775	8,020	5,490	4,412	4,236	2,983	4,575	-
Plant, Property, & Equipment, net	171,036	134,345	112,668	97,599	84,749	73,646	59,719	42,383	34,234	29,016
Total Noncurrent Assets	115,509	96,517	87,801	73,526	60,571	49,685	37,397	30,604	27,855	28,331
Long-Term Investments	37,982	31,008	30,492	29,549	20,703	13,078	13,859	7,813	5,878	5,183
Goodwill	31,885	29,198	28,960	22,956	21,175	20,624	17,888	16,747	16,468	15,869
Noncurrent Deferred & Refundable Income Taxes	17,180	12,169	5,261	1,284	1,084	721	737	680	383	251
Other Noncurrent Operating Assets	28,462	24,142	23,088	18,320	16,164	13,283	2,693	2,672	1,819	3,181
Total Liabilities & Shareholders' Equity	450,256	402,392	365,264	359,268	319,616	275,909	232,792	197,295	167,497	147,461
Total Liabilities	125,172	119,013	109,120	107,633	97,072	74,467	55,164	44,793	28,461	27,130
Total Current Liabilities	89,122	81,814	69,300	64,254	56,834	45,221	34,620	24,183	16,756	19,310
Accounts Payable	7,987	7,493	5,128	6,037	5,589	5,561	4,378	3,137	2,041	1,931
Accrued Expenses	61,030	55,044	46,236	41,040	36,131	28,983	21,550	14,152	9,086	7,097
Current Deferred Revenue	5,036	4,137	3,908	3,288	2,543	1,908	-	1,432	1,099	788
Current Employee Benefit Liabilities	15,069	15,140	14,028	13,889	11,086	8,495	6,839	4,581	3,976	3,539
Total Noncurrent Liabilities	36,050	37,199	39,820	43,379	40,238	29,246	20,544	20,610	11,705	7,820
Long-Term Debt	10,883	11,870	14,701	14,817	13,932	4,554	4,012	3,969	3,935	1,995
Noncurrent Deferred Revenue	8,782	8,474	9,857	9,711	9,330	10,243	11,723	13,152	202	151
Other Noncurrent Operating Liabilities	16,385	16,855	14,748	13,594	13,415	12,748	3,545	3,059	2,665	1,822
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	325,084	283,379	256,144	251,635	222,544	201,442	177,628	152,502	139,036	120,331
Total Preferred & Common Equity	325,084	283,379	256,144	251,635	222,544	201,442	177,628	152,502	139,036	120,331
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	325,084	283,379	256,144	251,635	222,544	201,442	177,628	152,502	139,036	120,331
Common Stock	84,800	76,534	68,184	61,774	58,510	50,552	45,049	40,247	36,307	32,982
Retained Earnings	245,084	211,247	195,563	191,484	163,401	152,122	134,885	113,247	105,131	89,223
Accumulated Other Comprehensive Income / (Loss)	-4,800	-4,402	-7,603	-1,623	633	-1,232	-2,306	-992	-2,402	-1,874

This table presents Alphabet's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	475,374	450,256	430,266	414,770	407,350	402,392	396,711	383,044	369,491	365,264	358,255
Total Current Assets	162,052	163,711	157,541	161,995	165,471	171,530	176,310	168,788	161,985	164,795	166,109
Cash & Equivalents	23,264	23,466	19,959	27,225	24,493	24,048	30,702	25,929	25,924	21,879	21,984
Short-Term Investments	72,064	72,191	73,271	73,500	83,597	86,868	89,233	92,403	89,178	91,883	94,275
Accounts Receivable	51,000	52,340	49,104	47,087	44,552	47,964	41,020	38,804	36,036	40,258	34,697
Other Current Assets	15,724	15,714	15,207	14,183	12,829	12,650	12,398	9,421	8,532	10,775	10,518
Plant, Property, & Equipment, net	185,062	171,036	161,270	151,155	143,182	134,345	125,705	121,208	117,560	112,668	108,363
Total Noncurrent Assets	128,260	115,509	111,455	101,620	98,697	96,517	94,696	93,048	89,946	87,801	83,783
Long-Term Investments	51,029	37,982	36,177	34,172	33,994	31,008	30,907	31,224	31,213	30,492	30,419
Goodwill	32,173	31,885	31,935	29,185	29,183	29,198	29,146	29,210	28,994	28,960	28,834
Noncurrent Deferred & Refundable Income Taxes	18,386	17,180	15,915	14,958	11,687	12,169	10,983	9,357	6,885	5,261	2,991
Other Noncurrent Operating Assets	26,672	28,462	27,428	23,305	23,833	24,142	21,827	21,291	20,886	23,088	19,347
Total Liabilities & Shareholders' Equity	475,374	450,256	430,266	414,770	407,350	402,392	396,711	383,044	369,491	365,264	358,255
Total Liabilities	130,107	125,172	116,147	114,017	114,506	119,013	123,509	115,903	108,597	109,120	104,629
Total Current Liabilities	91,654	89,122	80,803	77,913	76,997	81,814	86,295	77,709	68,854	69,300	65,979
Accounts Payable	8,497	7,987	7,049	6,092	6,198	7,493	5,803	5,313	4,184	5,128	6,303
Accrued Expenses	68,265	61,030	55,950	56,197	57,123	55,044	63,627	57,290	51,001	46,236	42,700
Current Deferred Revenue	4,908	5,036	4,896	4,251	3,973	4,137	4,303	3,846	3,715	3,908	-
Current Employee Benefit Liabilities	9,984	15,069	12,908	11,373	9,703	15,140	12,562	11,260	9,954	14,028	12,366
Total Noncurrent Liabilities	38,453	36,050	35,344	36,104	37,509	37,199	37,214	38,194	39,743	39,820	38,650
Long-Term Debt	10,886	10,883	12,297	13,238	13,228	11,870	13,781	13,705	13,697	14,701	14,653
Noncurrent Deferred Revenue	9,773	8,782	9,234	8,688	10,155	8,474	8,922	9,420	10,332	9,857	9,166
Other Noncurrent Operating Liabilities	17,794	16,385	13,107	13,461	13,640	16,855	13,983	14,511	15,172	14,748	14,355
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	345,267	325,084	314,119	300,753	292,844	283,379	273,202	267,141	260,894	256,144	253,626
Total Preferred & Common Equity	345,267	325,084	314,119	300,753	292,844	283,379	273,202	267,141	260,894	256,144	253,626
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	345,267	325,084	314,119	300,753	292,844	283,379	273,202	267,141	260,894	256,144	253,626
Common Stock	86,725	84,800	82,030	79,732	77,913	76,534	74,591	72,248	70,269	68,184	66,258
Retained Earnings	262,628	245,084	235,317	226,033	219,770	211,247	205,647	200,884	196,625	195,563	196,220
Accumulated Other Comprehensive Income / (Loss)	-4,086	-4,800	-3,228	-5,012	-4,839	-4,402	-7,036	-5,991	-6,000	-7,603	-8,852

This table displays calculated financial ratios and metrics derived from Alphabet's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.87%	8.68%	9.78%	41.15%	12.77%	18.30%	23.42%	22.80%	20.38%	13.62%
EBITDA Growth	38.36%	15.16%	-16.04%	63.50%	20.18%	16.97%	28.85%	12.59%	22.58%	11.13%
EBIT Growth	39.78%	20.17%	-21.39%	88.71%	21.34%	13.50%	28.39%	12.60%	22.89%	13.86%
NOPAT Growth	29.41%	15.32%	-4.60%	91.05%	16.37%	22.44%	98.79%	-36.27%	18.76%	23.72%
Net Income Growth	35.67%	23.05%	-21.12%	88.81%	17.26%	11.74%	142.74%	-34.99%	19.15%	15.65%
EPS Growth	38.62%	27.19%	-18.72%	88.81%	17.26%	12.49%	142.78%	-35.37%	-40.97%	14.68%
Operating Cash Flow Growth	23.15%	11.20%	-0.17%	40.73%	19.45%	13.65%	29.33%	2.93%	35.62%	15.41%
Free Cash Flow Firm Growth	-2.02%	36.46%	-29.71%	66.56%	90.42%	21.73%	-23.42%	6.19%	52.17%	148.13%
Invested Capital Growth	31.96%	21.12%	30.17%	22.98%	7.97%	24.90%	25.34%	-7.83%	8.34%	14.98%
Revenue Q/Q Growth	2.99%	3.45%	0.26%	7.70%	6.30%	4.38%	5.35%	5.98%	5.54%	4.50%
EBITDA Q/Q Growth	6.90%	9.32%	-7.56%	3.33%	15.51%	2.93%	6.31%	4.60%	6.84%	3.39%
EBIT Q/Q Growth	6.99%	9.26%	-9.23%	6.72%	19.91%	1.62%	6.25%	4.46%	7.37%	3.55%
NOPAT Q/Q Growth	6.13%	8.33%	-6.05%	9.57%	11.26%	6.87%	57.13%	-39.89%	0.48%	10.49%
Net Income Q/Q Growth	6.20%	10.58%	-10.48%	7.67%	12.76%	5.28%	63.77%	-39.75%	2.15%	2.05%
EPS Q/Q Growth	4.42%	8.82%	-11.97%	7.67%	12.76%	3.93%	64.16%	-39.78%	0.65%	109.41%
Operating Cash Flow Q/Q Growth	19.22%	-4.41%	-1.42%	2.52%	14.51%	2.71%	6.01%	2.36%	8.44%	-1.49%
Free Cash Flow Firm Q/Q Growth	62.61%	-12.61%	-7.02%	-2.52%	70.31%	-11.96%	-13.66%	1.60%	14.87%	20.54%
Invested Capital Q/Q Growth	2.70%	12.62%	4.10%	7.17%	-0.62%	12.02%	7.13%	-12.80%	3.00%	7.73%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	58.20%	56.63%	55.38%	56.94%	53.58%	55.58%	56.48%	58.88%	61.08%	62.44%
EBITDA Margin	38.61%	31.77%	29.98%	39.21%	33.85%	31.76%	32.12%	30.77%	33.56%	32.96%
Operating Margin	32.11%	27.42%	26.46%	30.55%	22.59%	21.15%	20.12%	23.61%	26.27%	25.82%
EBIT Margin	34.23%	27.89%	25.22%	35.22%	26.34%	24.48%	25.52%	24.53%	26.75%	26.21%
Profit (Net Income) Margin	28.60%	24.01%	21.20%	29.51%	22.06%	21.22%	22.46%	11.42%	21.58%	21.80%
Tax Burden Percent	83.56%	86.09%	84.08%	83.80%	83.75%	86.67%	88.04%	46.56%	80.65%	83.19%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	16.44%	13.91%	15.92%	16.20%	16.25%	13.33%	11.96%	53.44%	19.35%	16.81%
Return on Invested Capital (ROIC)	52.81%	51.85%	56.22%	74.81%	45.33%	44.99%	45.97%	24.99%	39.19%	36.77%
ROIC Less NNEP Spread (ROIC-NNEP)	47.90%	50.91%	58.30%	68.05%	41.10%	41.21%	40.18%	24.50%	38.76%	36.42%
Return on Net Nonoperating Assets (RNNOA)	-19.90%	-24.50%	-32.60%	-42.74%	-26.34%	-26.87%	-27.35%	-16.31%	-24.17%	-15.16%
Return on Equity (ROE)	32.91%	27.36%	23.62%	32.07%	19.00%	18.12%	18.62%	8.69%	15.02%	21.61%
Cash Return on Invested Capital (CROIC)	25.26%	32.75%	30.01%	54.20%	37.67%	22.85%	23.48%	33.14%	31.18%	22.84%
Operating Return on Assets (OROA)	28.10%	22.33%	19.69%	26.73%	16.15%	15.58%	16.24%	14.91%	15.34%	9.68%
Return on Assets (ROA)	23.48%	19.23%	16.55%	22.40%	13.52%	13.50%	14.29%	6.94%	12.37%	8.06%
Return on Common Equity (ROCE)	32.91%	27.36%	23.62%	32.07%	19.00%	18.12%	18.62%	8.69%	15.02%	21.61%
Return on Equity Simple (ROE_SIMPLE)	30.80%	26.04%	23.41%	30.22%	18.09%	17.05%	17.30%	8.30%	14.01%	13.59%
Net Operating Profit after Tax (NOPAT)	93,914	72,569	62,927	65,961	34,525	29,668	24,231	12,189	19,128	16,106
NOPAT Margin	26.83%	23.61%	22.25%	25.60%	18.92%	18.33%	17.71%	11.00%	21.19%	21.48%
Net Nonoperating Expense Percent (NNEP)	4.91%	0.94%	-2.08%	6.76%	4.23%	3.78%	5.79%	0.49%	0.43%	0.35%
Return On Investment Capital (ROIC_SIMPLE)	27.95%	24.58%	23.23%	24.76%	14.60%	14.40%	13.34%	7.79%	13.38%	12.83%
Cost of Revenue to Revenue	41.80%	43.38%	44.62%	43.06%	46.42%	44.42%	43.52%	41.12%	38.92%	37.56%
SG&A Expenses to Revenue	4.05%	5.34%	5.56%	5.24%	6.06%	5.90%	5.06%	6.17%	7.74%	8.18%
R&D to Revenue	14.09%	14.78%	13.97%	12.25%	15.11%	16.07%	15.66%	15.00%	15.45%	16.38%
Operating Expenses to Revenue	26.09%	29.20%	28.92%	26.39%	30.99%	34.43%	36.36%	35.27%	34.80%	36.63%
Earnings before Interest and Taxes (EBIT)	119,815	85,717	71,328	90,734	48,082	39,625	34,913	27,193	24,150	19,651
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	135,126	97,663	84,803	101,007	61,779	51,406	43,948	34,108	30,294	24,714
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.09	6.10	4.39	0.38	0.26	4.55	4.07	4.76	3.90	4.41
Price to Tangible Book Value (P/TBV)	7.86	6.80	4.95	0.42	0.29	5.12	4.59	5.46	4.55	5.27
Price to Revenue (P/Rev)	6.59	5.62	3.98	0.37	0.32	5.66	5.28	6.55	6.01	7.07
Price to Earnings (P/E)	23.02	23.42	18.75	1.25	1.46	26.68	23.52	57.38	27.85	33.50
Dividend Yield	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.34%	4.27%	5.33%	79.79%	68.49%	3.75%	4.25%	1.74%	3.59%	2.98%
Enterprise Value to Invested Capital (EV/IC)	10.79	10.43	7.86	0.00	0.00	10.76	10.30	13.27	8.95	9.75
Enterprise Value to Revenue (EV/Rev)	6.23	5.20	3.52	0.00	0.00	4.87	4.41	5.60	5.03	6.09
Enterprise Value to EBITDA (EV/EBITDA)	16.15	16.37	11.73	0.00	0.00	15.33	13.74	18.20	14.99	18.48
Enterprise Value to EBIT (EV/EBIT)	18.21	18.65	13.95	0.00	0.00	19.89	17.30	22.83	18.81	23.24
Enterprise Value to NOPAT (EV/NOPAT)	23.24	22.03	15.81	0.00	0.00	26.56	24.92	50.93	23.74	28.36
Enterprise Value to Operating Cash Flow (EV/OCF)	17.42	15.71	10.88	0.00	0.00	14.45	12.59	16.74	12.60	17.19
Enterprise Value to Free Cash Flow (EV/FCFF)	48.59	34.87	29.62	0.00	0.00	52.30	48.79	38.41	29.84	45.67
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.03	0.04	0.06	0.06	0.06	0.02	0.02	0.03	0.03	0.04
Long-Term Debt to Equity	0.03	0.04	0.06	0.06	0.06	0.02	0.02	0.03	0.03	0.02
Financial Leverage	-0.42	-0.48	-0.56	-0.63	-0.64	-0.65	-0.68	-0.67	-0.62	-0.42
Leverage Ratio	1.40	1.42	1.43	1.43	1.40	1.34	1.30	1.25	1.21	1.24
Compound Leverage Factor	1.40	1.42	1.43	1.43	1.40	1.34	1.30	1.25	1.21	1.24
Debt to Total Capital	3.24%	4.02%	5.43%	5.56%	5.89%	2.21%	2.21%	2.54%	2.75%	4.16%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.57%
Long-Term Debt to Total Capital	3.24%	4.02%	5.43%	5.56%	5.89%	2.21%	2.21%	2.54%	2.75%	1.59%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	96.76%	95.98%	94.57%	94.44%	94.11%	97.79%	97.79%	97.46%	97.25%	95.84%
Debt to EBITDA	0.08	0.12	0.17	0.15	0.23	0.09	0.09	0.12	0.13	0.21
Net Debt to EBITDA	-0.91	-1.33	-1.53	-1.53	-2.32	-2.49	-2.71	-3.10	-2.91	-2.97
Long-Term Debt to EBITDA	0.08	0.12	0.17	0.15	0.23	0.09	0.09	0.12	0.13	0.08
Debt to NOPAT	0.12	0.16	0.23	0.22	0.40	0.15	0.17	0.33	0.21	0.32
Net Debt to NOPAT	-1.31	-1.79	-2.06	-2.34	-4.16	-4.32	-4.91	-8.67	-4.62	-4.56
Long-Term Debt to NOPAT	0.12	0.16	0.23	0.22	0.40	0.15	0.17	0.33	0.21	0.12
Altman Z-Score	13.66	11.18	8.67	3.24	2.59	9.68	10.28	12.16	13.96	14.10
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.84	2.10	2.38	2.93	3.07	3.37	3.92	5.14	6.29	4.67
Quick Ratio	1.66	1.94	2.22	2.79	2.95	3.21	3.75	4.97	6.00	4.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	44,911	45,835	33,590	47,786	28,689	15,066	12,377	16,162	15,220	10,002
Operating Cash Flow to CapEx	238.51%	315.48%	290.60%	371.96%	292.28%	231.53%	190.82%	281.33%	361.37%	268.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.80	0.78	0.76	0.61	0.64	0.64	0.61	0.57	0.37
Accounts Receivable Turnover	6.98	6.97	7.11	7.34	6.49	7.01	6.99	6.83	7.03	4.95
Inventory Turnover	0.00	0.00	0.00	116.90	98.13	68.28	64.17	89.64	92.59	0.00
Fixed Asset Turnover	2.29	2.49	2.69	2.83	2.30	2.43	2.68	2.89	2.85	1.95
Accounts Payable Turnover	18.90	21.13	22.61	19.08	15.20	14.47	15.85	17.61	17.69	10.51
Days Sales Outstanding (DSO)	52.30	52.38	51.34	49.75	56.25	52.05	52.25	53.46	51.94	73.79
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	3.12	3.72	5.35	5.69	4.07	3.94	0.00
Days Payable Outstanding (DPO)	19.31	17.28	16.15	19.13	24.02	25.23	23.03	20.73	20.63	34.74
Cash Conversion Cycle (CCC)	32.99	35.10	35.19	33.75	35.95	32.17	34.91	36.80	35.26	39.06
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	202,328	153,325	126,591	97,254	79,079	73,243	58,641	46,787	50,760	46,852
Invested Capital Turnover	1.97	2.20	2.53	2.92	2.40	2.45	2.60	2.27	1.85	1.71
Increase / (Decrease) in Invested Capital	49,003	26,734	29,337	18,175	5,836	14,602	11,854	-3,973	3,908	6,104
Enterprise Value (EV)	2,182,156	1,598,448	995,032	-59,094	-84,670	787,964	603,909	620,818	454,178	456,767
Market Capitalization	2,304,912	1,728,502	1,124,585	95,287	58,795	916,163	722,896	726,533	542,454	530,246
Book Value per Share	$26.56	$22.64	$19.79	$379.10	$329.00	$292.08	$255.41	$219.49	$201.72	$174.97
Tangible Book Value per Share	$23.95	$20.31	$17.55	$342.38	$295.56	$259.30	$226.50	$191.51	$173.03	$146.30
Total Capital	335,967	295,249	270,845	266,452	236,476	205,996	181,640	156,471	142,971	125,551
Total Debt	10,883	11,870	14,701	14,817	13,932	4,554	4,012	3,969	3,935	5,220
Total Long-Term Debt	10,883	11,870	14,701	14,817	13,932	4,554	4,012	3,969	3,935	1,995
Net Debt	-122,756	-130,054	-129,553	-154,381	-143,465	-128,199	-118,987	-105,715	-88,276	-73,479
Capital Expenditures (CapEx)	52,535	32,251	31,485	24,640	22,281	23,548	25,139	13,184	9,972	9,915
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-21,068	-21,200	-18,267	-15,760	-19,232	-12,318	-8,084	-1,746	2,319	513
Debt-free Net Working Capital (DFNWC)	74,589	89,716	95,495	123,889	117,462	107,357	101,056	100,125	88,652	74,029
Net Working Capital (NWC)	74,589	89,716	95,495	123,889	117,462	107,357	101,056	100,125	88,652	70,804
Net Nonoperating Expense (NNE)	-6,204	-1,226	2,955	-10,072	-5,744	-4,675	-6,505	-473	-350	-242
Net Nonoperating Obligations (NNO)	-122,756	-130,054	-129,553	-154,381	-143,465	-128,199	-118,987	-105,715	-88,276	-73,479
Total Depreciation and Amortization (D&A)	15,311	11,946	13,475	10,273	13,697	11,781	9,035	6,915	6,144	5,063
Debt-free, Cash-free Net Working Capital to Revenue	-6.02%	-6.90%	-6.46%	-6.12%	-10.54%	-7.61%	-5.91%	-1.58%	2.57%	0.68%
Debt-free Net Working Capital to Revenue	21.31%	29.19%	33.76%	48.09%	64.35%	66.33%	73.86%	90.32%	98.21%	98.72%
Net Working Capital to Revenue	21.31%	29.19%	33.76%	48.09%	64.35%	66.33%	73.86%	90.32%	98.21%	94.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$8.13	$5.84	$4.59	$5.69	$2.96	$2.48	$2.21	$1.83	$2.83	$2.39
Adjusted Weighted Average Basic Shares Outstanding	12.19B	12.43B	12.81B	13.22B	13.48B	13.75B	13.90B	13.91B	13.83B	13.77B
Adjusted Diluted Earnings per Share	$8.04	$5.80	$4.56	$5.61	$2.93	$2.46	$2.19	$1.80	$2.79	$2.36
Adjusted Weighted Average Diluted Shares Outstanding	12.19B	12.43B	12.81B	13.22B	13.48B	13.75B	13.90B	13.91B	13.83B	13.77B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	12.19B	12.43B	12.81B	13.22B	13.48B	13.75B	13.90B	13.91B	13.83B	13.77B
Normalized Net Operating Profit after Tax (NOPAT)	93,914	72,569	62,927	65,961	34,525	31,139	28,695	20,240	19,128	16,106
Normalized NOPAT Margin	26.83%	23.61%	22.25%	25.60%	18.92%	19.24%	20.97%	18.26%	21.19%	21.48%
Pre Tax Income Margin	34.23%	27.89%	25.22%	35.22%	26.34%	24.48%	25.52%	24.53%	26.75%	26.21%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	7.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.29%
Augmented Payout Ratio	69.50%	83.34%	98.87%	66.12%	77.35%	53.57%	29.53%	38.27%	18.96%	11.18%

This table displays calculated financial ratios and metrics derived from Alphabet's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.04%	11.77%	15.09%	13.59%	15.41%	13.49%	11.00%	7.06%	2.61%	0.96%	6.10%
EBITDA Growth	45.85%	31.45%	46.47%	26.42%	52.25%	42.93%	20.16%	7.92%	-8.26%	-26.33%	-23.09%
EBIT Growth	47.59%	32.08%	49.58%	25.79%	55.53%	42.37%	30.58%	15.19%	-3.85%	-29.73%	-29.62%
NOPAT Growth	18.84%	26.94%	19.34%	28.38%	47.84%	39.17%	35.02%	11.86%	-17.46%	-22.06%	-14.96%
Net Income Growth	45.97%	28.27%	33.58%	28.59%	57.21%	51.84%	41.55%	14.79%	-8.43%	-34.00%	-26.54%
EPS Growth	48.68%	28.92%	36.77%	31.25%	61.54%	56.60%	46.23%	19.01%	-4.88%	-96.61%	-24.29%
Operating Cash Flow Growth	25.31%	106.78%	0.14%	-7.07%	22.71%	-19.90%	31.27%	47.60%	-6.36%	-5.29%	-8.56%
Free Cash Flow Firm Growth	-42.18%	-253.43%	-804.10%	-1,704.04%	-50.31%	55.37%	132.69%	119.87%	-187.68%	-4,512.86%	-365.65%
Invested Capital Growth	27.93%	31.96%	44.71%	36.41%	27.84%	21.12%	11.96%	14.67%	23.01%	30.17%	33.99%
Revenue Q/Q Growth	-6.46%	9.29%	4.16%	5.22%	-6.69%	12.54%	2.80%	6.90%	-8.23%	10.07%	-0.85%
EBITDA Q/Q Growth	26.96%	2.12%	14.18%	-1.48%	14.43%	13.79%	-1.45%	18.65%	7.42%	-4.33%	-11.50%
EBIT Q/Q Growth	29.61%	1.69%	15.08%	-2.70%	15.99%	15.17%	-3.22%	20.31%	6.17%	5.63%	-14.63%
NOPAT Q/Q Growth	-0.76%	7.74%	0.63%	10.45%	6.00%	1.29%	8.25%	27.20%	-0.21%	-1.73%	-10.31%
Net Income Q/Q Growth	30.16%	0.89%	11.36%	-0.18%	14.38%	5.07%	7.19%	22.04%	10.47%	-2.06%	-13.07%
EPS Q/Q Growth	31.31%	0.94%	12.17%	0.00%	13.86%	7.10%	7.64%	23.08%	10.38%	0.00%	-12.40%
Operating Cash Flow Q/Q Growth	-7.58%	27.41%	15.23%	-7.65%	52.51%	-38.30%	6.94%	21.94%	-0.44%	1.12%	20.24%
Free Cash Flow Firm Q/Q Growth	12.77%	36.81%	-53.17%	-68.40%	-116.84%	-225.89%	248.94%	115.78%	35.62%	7.79%	-112.12%
Invested Capital Q/Q Growth	3.69%	2.70%	10.00%	9.21%	6.95%	12.62%	3.69%	2.35%	1.33%	4.10%	6.21%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	59.70%	57.90%	58.68%	58.10%	58.14%	56.47%	56.67%	57.22%	56.14%	53.53%	54.90%
EBITDA Margin	51.28%	37.78%	40.43%	36.89%	39.39%	32.13%	31.77%	33.14%	29.86%	25.51%	29.35%
Operating Margin	33.92%	32.11%	32.31%	32.36%	31.63%	27.46%	27.83%	29.27%	24.95%	23.88%	24.80%
EBIT Margin	46.31%	33.42%	35.92%	32.51%	35.16%	28.28%	27.64%	29.36%	26.09%	22.55%	23.49%
Profit (Net Income) Margin	38.28%	27.51%	29.80%	27.87%	29.38%	23.97%	25.67%	24.62%	21.57%	17.92%	20.13%
Tax Burden Percent	82.65%	82.30%	82.95%	85.73%	83.57%	84.74%	92.89%	83.86%	82.68%	79.45%	85.69%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	17.35%	17.70%	17.05%	14.27%	16.43%	15.26%	7.11%	16.14%	17.32%	20.55%	14.31%
Return on Invested Capital (ROIC)	53.96%	52.01%	54.69%	58.69%	57.54%	51.10%	59.60%	57.83%	50.50%	47.95%	56.47%
ROIC Less NNEP Spread (ROIC-NNEP)	46.97%	51.18%	52.61%	58.60%	55.72%	50.63%	59.70%	57.80%	50.04%	48.51%	57.01%
Return on Net Nonoperating Assets (RNNOA)	-19.45%	-21.27%	-22.77%	-26.57%	-26.31%	-24.36%	-30.49%	-30.61%	-27.44%	-27.13%	-32.71%
Return on Equity (ROE)	34.50%	30.74%	31.92%	32.11%	31.23%	26.74%	29.11%	27.22%	23.06%	20.82%	23.76%
Cash Return on Invested Capital (CROIC)	27.86%	25.26%	16.58%	23.71%	29.91%	32.75%	40.70%	36.65%	30.87%	30.01%	34.03%
Operating Return on Assets (OROA)	37.74%	27.44%	29.52%	26.76%	28.80%	22.65%	21.76%	23.03%	20.44%	17.60%	18.79%
Return on Assets (ROA)	31.20%	22.58%	24.49%	22.94%	24.06%	19.20%	20.21%	19.31%	16.90%	13.99%	16.10%
Return on Common Equity (ROCE)	34.50%	30.74%	31.92%	32.11%	31.23%	26.74%	29.11%	27.22%	23.06%	20.82%	23.76%
Return on Equity Simple (ROE_SIMPLE)	32.15%	0.00%	30.01%	29.15%	28.14%	0.00%	24.43%	22.82%	22.46%	0.00%	26.41%
Net Operating Profit after Tax (NOPAT)	25,297	25,490	23,659	23,511	21,286	20,081	19,825	18,313	14,398	14,429	14,683
NOPAT Margin	28.03%	26.42%	26.80%	27.74%	26.43%	23.27%	25.85%	24.55%	20.63%	18.97%	21.25%
Net Nonoperating Expense Percent (NNEP)	6.99%	0.83%	2.08%	0.08%	1.82%	0.47%	-0.10%	0.04%	0.46%	-0.57%	-0.54%
Return On Investment Capital (ROIC_SIMPLE)	7.10%	7.59%	7.25%	7.49%	6.95%	6.80%	6.91%	6.52%	5.24%	5.33%	5.47%
Cost of Revenue to Revenue	40.30%	42.10%	41.32%	41.90%	41.86%	43.53%	43.33%	42.78%	43.86%	46.47%	45.10%
SG&A Expenses to Revenue	3.92%	4.57%	4.08%	3.73%	3.76%	6.03%	5.19%	4.67%	5.39%	6.70%	5.21%
R&D to Revenue	15.02%	13.60%	14.10%	14.00%	14.78%	14.03%	14.68%	14.19%	16.43%	13.50%	14.87%
Operating Expenses to Revenue	25.79%	25.79%	26.37%	25.74%	26.52%	29.01%	28.84%	27.95%	31.18%	29.65%	30.10%
Earnings before Interest and Taxes (EBIT)	41,789	32,243	31,706	27,551	28,315	24,412	21,197	21,903	18,205	17,147	16,233
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	46,276	36,448	35,691	31,259	31,728	27,728	24,368	24,727	20,840	19,400	20,279
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.44	7.09	6.45	7.43	6.34	6.10	5.97	5.62	5.02	4.39	4.86
Price to Tangible Book Value (P/TBV)	5.99	7.86	7.18	8.23	7.04	6.80	6.73	6.37	5.70	4.95	5.54
Price to Revenue (P/Rev)	5.22	6.59	5.96	6.81	5.83	5.62	5.49	5.19	4.61	3.98	4.37
Price to Earnings (P/E)	16.91	23.02	21.49	25.49	22.53	23.42	24.43	24.64	22.37	18.75	18.41
Dividend Yield	0.52%	0.32%	0.24%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.91%	4.34%	4.65%	3.92%	4.44%	4.27%	4.09%	4.06%	4.47%	5.33%	5.43%
Enterprise Value to Invested Capital (EV/IC)	8.30	10.79	9.69	11.80	10.53	10.43	10.97	10.41	9.18	7.86	9.06
Enterprise Value to Revenue (EV/Rev)	4.84	6.23	5.62	6.44	5.43	5.20	5.02	4.72	4.14	3.52	3.90
Enterprise Value to EBITDA (EV/EBITDA)	11.63	16.15	15.10	18.36	15.91	16.37	16.71	16.05	14.17	11.73	12.01
Enterprise Value to EBIT (EV/EBIT)	13.06	18.21	17.04	20.82	18.03	18.65	19.03	18.59	16.69	13.95	14.02
Enterprise Value to NOPAT (EV/NOPAT)	17.79	23.24	21.57	24.97	21.75	22.03	22.29	22.10	19.67	15.81	16.45
Enterprise Value to Operating Cash Flow (EV/OCF)	13.13	17.42	18.16	20.11	16.13	15.71	14.03	13.78	13.11	10.88	11.87
Enterprise Value to Free Cash Flow (EV/FCFF)	33.44	48.59	69.10	57.41	39.53	34.87	28.46	30.34	32.83	29.62	30.49
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.03	0.03	0.04	0.04	0.05	0.04	0.05	0.05	0.05	0.06	0.06
Long-Term Debt to Equity	0.03	0.03	0.04	0.04	0.05	0.04	0.05	0.05	0.05	0.06	0.06
Financial Leverage	-0.41	-0.42	-0.43	-0.45	-0.47	-0.48	-0.51	-0.53	-0.55	-0.56	-0.57
Leverage Ratio	1.38	1.40	1.41	1.40	1.40	1.42	1.43	1.41	1.41	1.43	1.42
Compound Leverage Factor	1.38	1.40	1.41	1.40	1.40	1.42	1.43	1.41	1.41	1.43	1.42
Debt to Total Capital	3.06%	3.24%	3.77%	4.22%	4.32%	4.02%	4.80%	4.88%	4.99%	5.43%	5.46%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	3.06%	3.24%	3.77%	4.22%	4.32%	4.02%	4.80%	4.88%	4.99%	5.43%	5.46%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	96.94%	96.76%	96.23%	95.78%	95.68%	95.98%	95.20%	95.12%	95.01%	94.57%	94.54%
Debt to EBITDA	0.07	0.08	0.10	0.12	0.12	0.12	0.15	0.16	0.16	0.17	0.16
Net Debt to EBITDA	-0.91	-0.91	-0.93	-1.06	-1.19	-1.33	-1.53	-1.60	-1.60	-1.53	-1.44
Long-Term Debt to EBITDA	0.07	0.08	0.10	0.12	0.12	0.12	0.15	0.16	0.16	0.17	0.16
Debt to NOPAT	0.11	0.12	0.14	0.16	0.17	0.16	0.21	0.22	0.23	0.23	0.22
Net Debt to NOPAT	-1.38	-1.31	-1.32	-1.44	-1.62	-1.79	-2.05	-2.20	-2.21	-2.06	-1.97
Long-Term Debt to NOPAT	0.11	0.12	0.14	0.16	0.17	0.16	0.21	0.22	0.23	0.23	0.22
Altman Z-Score	10.65	13.02	12.48	13.77	11.75	10.68	9.84	9.74	9.22	8.18	9.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.77	1.84	1.95	2.08	2.15	2.10	2.04	2.17	2.35	2.38	2.52
Quick Ratio	1.60	1.66	1.76	1.90	1.98	1.94	1.87	2.02	2.20	2.22	2.29
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-20,511	-23,513	-37,209	-24,293	-14,426	-6,653	5,285	1,514	-9,597	-14,908	-16,167
Operating Cash Flow to CapEx	210.21%	273.98%	235.04%	202.03%	240.16%	171.66%	380.58%	416.17%	373.81%	310.92%	320.96%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.82	0.82	0.82	0.82	0.80	0.79	0.78	0.78	0.78	0.80
Accounts Receivable Turnover	7.53	6.98	7.54	7.64	7.90	6.97	7.85	7.77	8.05	7.11	8.21
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	42.89	61.28	69.06	0.00	55.86
Fixed Asset Turnover	2.19	2.29	2.37	2.41	2.44	2.49	2.54	2.55	2.57	2.69	0.00
Accounts Payable Turnover	20.27	18.90	22.30	24.55	26.28	21.13	21.66	26.54	33.39	22.61	22.69
Days Sales Outstanding (DSO)	48.48	52.30	48.40	47.75	46.23	52.38	46.51	46.97	45.36	51.34	44.47
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	8.51	5.96	5.28	0.00	6.53
Days Payable Outstanding (DPO)	18.00	19.31	16.37	14.86	13.89	17.28	16.85	13.75	10.93	16.15	16.09
Cash Conversion Cycle (CCC)	30.47	32.99	32.02	32.88	32.34	35.10	38.16	39.17	39.71	35.19	34.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	209,796	202,328	197,009	179,094	163,988	153,325	136,141	131,290	128,276	126,591	121,601
Invested Capital Turnover	1.92	1.97	2.04	2.12	2.18	2.20	2.31	2.36	2.45	2.53	2.66
Increase / (Decrease) in Invested Capital	45,808	49,003	60,868	47,804	35,712	26,734	14,540	16,799	23,995	29,337	30,850
Enterprise Value (EV)	1,741,085	2,182,156	1,908,403	2,112,500	1,727,461	1,598,448	1,492,989	1,366,264	1,178,175	995,032	1,101,501
Market Capitalization	1,876,556	2,304,912	2,025,513	2,234,159	1,856,317	1,728,502	1,630,050	1,502,115	1,310,793	1,124,585	1,233,526
Book Value per Share	$28.32	$26.56	$25.52	$24.34	$23.70	$22.64	$21.67	$21.04	$20.37	$19.79	$19.44
Tangible Book Value per Share	$25.68	$23.95	$22.92	$21.98	$21.34	$20.31	$19.21	$18.58	$17.95	$17.55	$17.07
Total Capital	356,153	335,967	326,416	313,991	306,072	295,249	286,983	280,846	274,591	270,845	268,279
Total Debt	10,886	10,883	12,297	13,238	13,228	11,870	13,781	13,705	13,697	14,701	14,653
Total Long-Term Debt	10,886	10,883	12,297	13,238	13,228	11,870	13,781	13,705	13,697	14,701	14,653
Net Debt	-135,471	-122,756	-117,110	-121,659	-128,856	-130,054	-137,061	-135,851	-132,618	-129,553	-132,025
Capital Expenditures (CapEx)	17,197	14,276	13,061	13,186	12,012	11,019	8,055	6,888	6,289	7,595	7,276
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-24,930	-21,068	-16,492	-16,643	-19,616	-21,200	-29,920	-27,253	-21,971	-18,267	-16,129
Debt-free Net Working Capital (DFNWC)	70,398	74,589	76,738	84,082	88,474	89,716	90,015	91,079	93,131	95,495	100,130
Net Working Capital (NWC)	70,398	74,589	76,738	84,082	88,474	89,716	90,015	91,079	93,131	95,495	100,130
Net Nonoperating Expense (NNE)	-9,243	-1,046	-2,642	-108	-2,376	-606	136	-55	-653	805	773
Net Nonoperating Obligations (NNO)	-135,471	-122,756	-117,110	-121,659	-128,856	-130,054	-137,061	-135,851	-132,618	-129,553	-132,025
Total Depreciation and Amortization (D&A)	4,487	4,205	3,985	3,708	3,413	3,316	3,171	2,824	2,635	2,253	4,046
Debt-free, Cash-free Net Working Capital to Revenue	-6.93%	-6.02%	-4.85%	-5.07%	-6.17%	-6.90%	-10.07%	-9.41%	-7.72%	-6.46%	-5.72%
Debt-free Net Working Capital to Revenue	19.57%	21.31%	22.58%	25.61%	27.81%	29.19%	30.29%	31.46%	32.72%	33.76%	35.49%
Net Working Capital to Revenue	19.57%	21.31%	22.58%	25.61%	27.81%	29.19%	30.29%	31.46%	32.72%	33.76%	35.49%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.84	$2.17	$2.14	$1.91	$1.91	$1.66	$1.56	$1.45	$1.18	$1.06	$1.07
Adjusted Weighted Average Basic Shares Outstanding	12.14B	12.19B	12.24B	12.31B	12.36B	12.43B	12.52B	12.61B	12.70B	12.81B	12.94B
Adjusted Diluted Earnings per Share	$2.81	$2.14	$2.12	$1.89	$1.89	$1.66	$1.55	$1.44	$1.17	$1.06	$1.06
Adjusted Weighted Average Diluted Shares Outstanding	12.14B	12.19B	12.24B	12.31B	12.36B	12.43B	12.52B	12.61B	12.70B	12.81B	12.94B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$1.66	$0.00	$0.00	$0.00	$1.06	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	12.14B	12.19B	12.24B	12.31B	12.36B	12.43B	12.52B	12.61B	12.70B	12.81B	12.94B
Normalized Net Operating Profit after Tax (NOPAT)	25,297	25,490	23,659	23,511	21,286	20,081	19,825	18,313	14,398	14,429	14,683
Normalized NOPAT Margin	28.03%	26.42%	26.80%	27.74%	26.43%	23.27%	25.85%	24.55%	20.63%	18.97%	21.25%
Pre Tax Income Margin	46.31%	33.42%	35.92%	32.51%	35.16%	28.28%	27.64%	29.36%	26.09%	22.55%	23.49%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	8.83%	7.35%	5.22%	2.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	64.32%	69.50%	71.90%	75.09%	76.02%	83.34%	90.99%	98.97%	103.36%	98.87%	85.63%

Frequently Asked Questions About Alphabet's Financials

When does Alphabet's fiscal year end?

According to the most recent income statement we have on file, Alphabet's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Alphabet's net income changed over the last 9 years?

Alphabet's net income appears to be on an upward trend, with a most recent value of $100.12 billion in 2024, rising from $16.35 billion in 2015. The previous period was $73.80 billion in 2023. Find out what analysts predict for Alphabet in the coming months.

What is Alphabet's operating income?

Alphabet's total operating income in 2024 was $112.39 billion, based on the following breakdown:

Total Gross Profit: $203.71 billion
Total Operating Expenses: $91.32 billion

How has Alphabet revenue changed over the last 9 years?

Over the last 9 years, Alphabet's total revenue changed from $74.99 billion in 2015 to $350.02 billion in 2024, a change of 366.8%.

How much debt does Alphabet have?

Alphabet's total liabilities were at $125.17 billion at the end of 2024, a 5.2% increase from 2023, and a 361.4% increase since 2015.

How much cash does Alphabet have?

In the past 9 years, Alphabet's cash and equivalents has ranged from $10.72 billion in 2017 to $26.47 billion in 2020, and is currently $23.47 billion as of their latest financial filing in 2024.

How has Alphabet's book value per share changed over the last 9 years?

Over the last 9 years, Alphabet's book value per share changed from 174.97 in 2015 to 26.56 in 2024, a change of -84.8%.

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This page (NASDAQ:GOOG) was last updated on 5/21/2025 by MarketBeat.com Staff

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