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Alphabet Inc. GOOGL Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin60.4%+0.7pp59.7%+0.5pp59.2%+0.2pp58.9%+0.4pp58.6%+0.4pp
Operating margin32.7%+0.7pp32%-0.2pp32.2%-0.5pp32.7%0.0pp32.7%+0.6pp
Net margin37.9%+5.1pp32.8%+0.6pp32.2%+1.1pp31.1%+0.3pp30.9%+2.3pp
EBITDA margin38.2%+0.9pp37.3%+0.1pp37.2%-0.2pp37.4%+0.2pp37.2%+0.7pp
Free cash flow margin15.2%-2.9pp18.2%-0.9pp19.1%+1.1pp18%-2.9pp20.8%0.0pp
Returns
Return on equity38.9%+3.2pp35.7%+0.3pp35.5%+0.6pp34.8%0.0pp34.8%+1.9pp
Return on assets27.2%+1.9pp25.3%-0.4pp25.7%+0.5pp25.2%+0.1pp25.1%+1.7pp
Return on invested capital25.9%-1.6pp27.5%-0.8pp28.3%-1.5pp29.8%-1.5pp31.3%+0.4pp
Efficiency
Asset turnover0.7×-0.1×0.8×0.0×0.8×0.0×0.8×0.0×0.8×0.0×
Liquidity
Current ratio1.9×-0.1×+0.3×1.7×-0.2×1.9×+0.1×1.8×-0.1×
Quick ratio1.9×-0.1×+0.3×1.7×-0.2×1.9×+0.1×1.8×-0.1×
Cash ratio0.3×0.0×0.3×+0.1×0.2×0.0×0.2×0.0×0.3×0.0×
Leverage
Debt-to-equity0.2×0.0×0.2×+0.1×0.1×0.0×0.1×+0.1×0.1×0.0×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.0×
Net debt / EBITDA0.4×+0.1×0.2×+0.1×0.1×0.0×0.1×+0.2×-0×-0.1×
Valuation
Market capitalization$3.47T-8.4%$3.79T+28.6%$2.95T+44.7%$2.04T+6.9%$1.9T-18.3%
Enterprise value$3.53T-7.7%$3.82T+29.0%$2.96T+44.1%$2.06T+8.3%$1.9T-18.7%
Price / earnings21.7×-7.0×28.6×+4.9×23.7×+6.1×17.6×+0.5×17.2×-6.1×
Price / sales8.2×-1.2×9.4×+1.8×7.6×+2.2×5.5×+0.2×5.3×-1.4×
Price / book7.2×-1.9×9.1×+1.5×7.6×+2.0×5.6×+0.1×5.5×-1.7×
EV / EBITDA21.9×-3.6×25.5×+4.8×20.7×+5.9×14.8×+0.6×14.2×-4.1×
EV / sales8.4×-1.1×9.5×+1.8×7.7×+2.2×5.5×+0.3×5.3×-1.4×
Free cash flow yield1.9%-0.1pp1.9%-0.6pp2.5%-0.8pp3.3%-0.7pp3.9%+0.8pp
Earnings yield4.6%+1.1pp3.5%-0.7pp4.2%-1.5pp5.7%-0.2pp5.8%+1.5pp
Dividend yield0.3%0.0pp0.3%-0.1pp0.3%-0.1pp0.5%0.0pp0.5%+0.2pp
PEG ratio0.5×-0.4×0.9×+0.1×0.7×+0.2×0.6×+0.1×0.5×-0.2×

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Questions, answered.

What are Alphabet Inc.'s profit margins?
Alphabet Inc. (GOOGL) runs a 60.4% gross margin and a 32.7% operating margin, with a 37.9% net margin.
Where do Alphabet Inc.'s ratios come from?
Every ratio is computed from Alphabet Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.