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Alphabet Inc. GOOGL Debt-to-equity

Debt-to-equity at other companies

International Business Machines logo
International Business MachinesIBM
2.3×-0.4×
Apple logo
AppleAAPL
0.8×-0.6×
Microsoft logo
MicrosoftMSFT
0.3×0.0×
Amazon logo
AmazonAMZN
0.5×0.0×
Netflix logo
NetflixNFLX
0.5×-0.2×
Akamai Technologies logo
Akamai TechnologiesAKAM
0.4×+0.1×

Other financials

Income statement

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Revenue$109.90B+21.8%
Gross profit$68.6B+27.4%
Operating income$39.7B+29.7%
Net income$62.6B+81.2%
EPS (diluted)$5.11+81.9%

Balance sheet

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Cash & equivalents$38.1B+63.6%
Total debt$97.9B+456%
Total equity$478.75B+38.7%
Total assets$703.92B+48.1%

Cash flow

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Operating cash flow$45.8B+26.7%
CapEx$35.7B+107%
Free cash flow$10.1B-46.6%

Valuation

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Market cap$4.42T+82.2%
Enterprise value$4.48T+85.9%
P/E27.6×+5.7×
P/S10.5×+3.7×

Profitability

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Gross margin60.4%+1.8pp
Operating margin32.7%0.0pp
Net margin37.9%+7.1pp

Returns & leverage

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Return on equity38.9%+4.1pp
Current ratio1.9×+0.2×

Where this comes from

Calculated from Alphabet Inc.’s reported figures.

Based on the most recent quarter.

The official record: Alphabet Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alphabet Inc.'s debt-to-equity?
Alphabet Inc. (GOOGL) reported debt-to-equity of 0.2× in Q1 2026.
How has Alphabet Inc.'s debt-to-equity changed year-over-year?
Alphabet Inc.'s debt-to-equity increased by 300.8% year-over-year, from 0.1× to 0.2×.
What is the long-term trend for Alphabet Inc.'s debt-to-equity?
Over 4 years (2021 to 2025), Alphabet Inc.'s debt-to-equity has grown at a 14.1% compound annual growth rate (CAGR), from 0.3× to 0.4×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.