Alphabet Financial Ratios
NASDAQ: GOOGTechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Alphabet ratio analysis
Alphabet earned a net margin of 32.8% in FY 2025, up from 28.6% a year earlier. Gross margin was 59.7% compared with a median of 56.6% over the prior 9 years. Return on equity reached 31.8%, meaning Alphabet generated 0.32 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.12 versus 0.04 the year before, and the current ratio was 2.01. At the end of FY 2025, GOOG traded at 29.2 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 1.2 to 29.9, with a median of 21.7. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Alphabet financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 29.17 | 24.02 | 24.30 | 19.46 | 25.79 | 29.90 | 1.38 | 1.23 | 2.91 | 1.39 |
| Price / sales | 9.48 | 6.80 | 5.79 | 4.10 | — | — | — | — | — | — |
| Price / book | 9.20 | 7.32 | 6.28 | 4.53 | — | — | — | — | — | — |
| Gross margin | 59.7% | 58.2% | 56.6% | 55.4% | 56.9% | 53.6% | 55.6% | 56.5% | 58.9% | 61.1% |
| Operating margin | 32.0% | 32.1% | 27.4% | 26.5% | 30.6% | 22.6% | 21.1% | 20.1% | 23.6% | 26.3% |
| Net margin | 32.8% | 28.6% | 24.0% | 21.2% | 29.5% | 22.1% | 21.2% | 22.5% | 11.4% | 21.6% |
| Free cash flow margin | 18.2% | 20.8% | 22.6% | 21.2% | 26.0% | 23.5% | 19.1% | 16.7% | 21.6% | 28.6% |
| Return on equity (ROE) | 31.8% | 30.8% | 26.0% | 23.4% | 30.2% | 18.1% | 17.0% | 17.3% | 8.3% | 14.0% |
| Return on assets (ROA) | 22.2% | 22.2% | 18.3% | 16.4% | 21.2% | 12.6% | 12.4% | 13.2% | 6.4% | 11.6% |
| Debt / equity | 0.12 | 0.04 | 0.05 | 0.06 | 0.06 | 0.07 | 0.02 | 0.02 | 0.03 | 0.03 |
| Current ratio | 2.01 | 1.84 | 2.10 | 2.38 | 2.93 | 3.07 | 3.37 | 3.92 | 5.14 | 6.29 |
| Revenue growth | 15.1% | 13.9% | 8.7% | 9.8% | 41.2% | 12.8% | 18.3% | 23.4% | 22.8% | 20.4% |
| EPS growth | 34.5% | 38.6% | 27.2% | -18.7% | 91.5% | -94.0% | 12.5% | 142.8% | -35.4% | — |