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Alphabet Inc. GOOG Debt-to-equity

Debt-to-equity at other companies

Microsoft logo
MicrosoftMSFT
0.3×0.0×
Amazon logo
AmazonAMZN
0.2×-0.2×
Meta Platforms, Inc. logo
Meta Platforms, Inc.META
0.3×+0.1×
Apple logo
AppleAAPL
0.8×-0.6×
International Business Machines logo
International Business MachinesIBM
2.3×-0.4×
Snowflake logo
SnowflakeSNOW
0.3×+0.1×

Other financials

Income statement

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Revenue$119.80B+24.2%
Gross profit$73.9B+28.7%
Operating income$40.8B+30.4%
Net income$112.19B+298%
EPS (diluted)$9.11+294%

Balance sheet

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Cash & equivalents$55.9B+166%
Total debt$120.79B+190%
Total equity$640.48B+76.5%
Total assets$921.98B+83.6%

Cash flow

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Operating cash flow$39.1B+40.8%
CapEx$44.9B+100%
Free cash flow$10.1B-46.6%

Valuation

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Market cap$4.36T+84.2%
Enterprise value$4.43T+85.4%
P/E17.9×-2.6×
P/S9.8×+3.4×

Profitability

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Gross margin60.9%+2.0pp
Operating margin33.1%+0.4pp
Net margin54.8%+23.7pp
FCF margin15.2%-5.6pp

Returns & leverage

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Return on equity48.7%+13.8pp
Current ratio2.7×+0.8×

Where this comes from

Calculated from Alphabet Inc.’s reported figures.

Based on the most recent quarter.

The source filing: Alphabet Inc.’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 22, 2026, 9:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001652044-26-000071

FAQ

What is Alphabet Inc.'s debt-to-equity?
Alphabet Inc. (GOOG) reported debt-to-equity of 0.2× in Q2 2026.
How has Alphabet Inc.'s debt-to-equity changed year-over-year?
Alphabet Inc.'s debt-to-equity increased by 64.3% year-over-year, from 0.1× to 0.2×.
What is the long-term trend for Alphabet Inc.'s debt-to-equity?
Over 5 years (2020 to 2025), Alphabet Inc.'s debt-to-equity has grown at a 19.0% compound annual growth rate (CAGR), from 0.1× to 0.2×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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