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Alphabet Inc. GOOGL Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin236.4%+5.8pp230.5%+7.3pp223.2%-1.9pp225.2%+1.7pp
Operating margin129.6%+7.7pp121.9%+16.9pp105%-9.4pp114.4%-0.1pp
Net margin127%+18.1pp108.9%+20.8pp88.1%-10.3pp98.4%-15.3pp
EBITDA margin149.1%+10.5pp138.7%+17.0pp121.6%-10.4pp132.1%
Free cash flow margin76.1%-1.4pp77.5%-17.6pp95%+2.7pp92.3%-13.5pp
Returns
Return on equity140.8%+15.1pp125.6%+26.9pp98.8%-11.8pp110.5%-4.4pp
Return on assets101.3%+11.9pp89.5%+19.9pp69.5%-8.6pp78.2%-3.7pp
Return on invested capital116.9%-5.1pp122%+20.3pp101.7%-9.8pp111.5%+11.3pp
Efficiency
Asset turnover3.2×-0.1×3.3×+0.1×3.2×0.0×3.2×+0.3×
Liquidity
Current ratio7.4×-0.6×-0.6×8.7×-1.9×10.6×-1.6×
Quick ratio7.4×-0.6×-0.6×8.6×-1.9×10.4×-1.7×
Cash ratio-0.2×1.2×-0.2×1.4×+0.1×1.3×-0.3×
Leverage
Debt-to-equity0.4×+0.2×0.3×0.0×0.3×0.0×0.3×0.0×
Debt-to-assets0.3×+0.1×0.2×0.0×0.2×0.0×0.2×0.0×
Net debt / EBITDA0.5×+0.6×-0.1×+0.2×-0.4×-0.2×-0.2×
Valuation
Market capitalization$10.67T+24.8%$8.55T+35.8%$6.29T+10.6%$5.69T-15.4%
Enterprise value$10.74T+25.9%$8.53T+36.3%$6.26T+10.4%$5.67T-15.3%
Price / earnings87.1×-6.8×93.9×-2.8×96.7×+14.1×82.6×-20.8×
Price / sales27.8×+2.2×25.6×+4.3×21.3×+0.8×20.5×-8.9×
Price / book27.9×+0.1×27.7×+4.6×23.2×+0.8×22.3×-5.5×
EV / EBITDA75.1×+1.4×73.7×+4.0×69.7×+8.1×61.6×
EV / sales28×+2.5×25.5×+4.3×21.2×+0.8×20.5×-8.8×
Free cash flow yield11.6%-0.5pp12.2%-5.7pp17.9%-0.6pp18.5%+4.1pp
Earnings yield19.2%+2.1pp17.1%+0.5pp16.6%-3.0pp19.6%+4.1pp
Dividend yield1.6%
PEG ratio2.7×+0.4×2.3×

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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.