— Know what they know.
/
Not Investment Advice

GOOGL

NASDAQ · USD
Alphabet Inc.
Communication Services · Internet Content & Information
CEO Sundar Pichai Employees 190,820 R&D / revenue 15.2%
Last price
$340.59−2.47%last session
Market cap
$4.14T
P/E (TTM)
16.7x
From 52w high
−16.6%
From 52w low
+39.5%
1-year return
+35.5%
RSI 14 · vs SMA200
44.5 · −0.1%
IS score
68.4/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

GOOGL   SPY   XLC (sector ETF) · weekly closes
100120140160Jan 26Apr 26Jul 26Oct 26GOOGL 136SPY 116XLC 97

Score DNA

Each bar is a 0-100 score within the scored universe
98
Profitability
77
Growth
59
Value
81
Momentum
100
Risk (safety)
80
Quality
95
Balance sheet
54
Earnings quality

Flags

Strengths
✓ Net cash✓ Congress buying
Warnings
▲ Beneish M above -1.78▲ Share count rising
Observations
Moat model: Narrow, Efficient ScalePiotroski 5 / 9Altman Z 12.0Beta 1.233 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
38 open-market sales, $4.4M
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
26
Last disclosed purchase 2026-09-14
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+160
329 new holders, 102 closed
5,769 filers hold 39.0% · 2,341 added, 2,597 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+362
2,297 funds adding shares
1,935 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
40.8%
20-day avg 43.5%, 50-day avg 39.8%
Latest 2.7 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$403.0B
Revenue growth YoY+15.1%
Gross margin59.7%
Operating income$129.2B
Operating margin32.1%
Net income$132.2B
Net margin32.8%
EPS (diluted)$10.81
Cash flow
Operating cash flow$164.7B
Capital expenditure$91.4B
Free cash flow$73.3B
FCF conversion (FCF / OCF)44.5%
Stock-based compensation$25.0B
FCF less SBC$48.3B
Buybacks$45.7B
Dividends$10.0B
Balance sheet & returns
Cash & short-term investments$126.8B
Total debt$59.3B
Net cash$67.6B
Shareholders' equity$415.3B
Goodwill & intangibles$33.4B
Debt / equity0.18
ROE (TTM)50.8%
ROIC (TTM)15.2%
Operating margin by fiscal year
30.6%FY202126.5%FY202227.4%FY202332.1%FY202432.0%FY2025
Revenue $257.6B (FY2021) to $403.0B (FY2025), a 11.8% CAGR.

Valuation

P/E (TTM)16.7x
EV / EBITDA12.8x
Price / sales9.24x
Price / FCF77.3x
FCF yield1.29%
Buyback yield1.10%
SBC / revenue6.3%
Price / book6.39x
Forward P/E FY202616.5x
Forward P/E FY202722.3x
Forward P/E FY202818.7x
Forward multiples divide today's price by Street EPS estimates. Street mean target $426.86 across 14 analysts last quarter is theirs, not ours.

GOOGL vs industry median

171 companies in Internet Content & Information
Gross margin 60.9% 46.9% Operating margin 33.1% -2.7% Net margin 54.8% -3.6% ROIC 15.2% 5.5%
GOOGL (TTM)Industry median Asset turnover 0.48 vs industry 0.61 · financial leverage 1.44

Earnings delivery

Next report 2026-10-28 · consensus EPS $2.97
100%
beat rate, 12 of 12 quarters
+8.6%
median EPS surprise
12
longest beat streak
+7+7+3+25+3+15+1+39+7+25+10+94
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-07-25 to 2026-04-29. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
GOOGL Alphabet Inc. $4.14T16.7x50.8%54.8%+15.1% +35.5%
META Meta Platforms, Inc. $1.81T26.4x29.8%26.1%+27.7% −0.3%
NFLX Netflix, Inc. $293.7B21.8x49.5%27.1%+16.0% −40.4%
DIS The Walt Disney Company $190.9B22.7x7.8%10.4%+4.6% +1.3%
VZ Verizon Communications Inc. $186.1B11.7x15.6%11.2%+1.4% +11.0%
TMUS T-Mobile US, Inc. $170.7B16.6x18.0%14.2%+9.7% —
T AT&T Inc. $160.6B7.7x19.9%14.7%+2.6% —
DASH DoorDash, Inc. $82.0B97.5x8.9%4.5%+33.6% —
12-month window: SPY +15.9%, sector ETF XLC −3.4%. Past returns describe history only.

Recent 8-K filings

No 8-K filings on file.

Context

Shares outstanding12,157,528,694
Free float89.5%
Institutional ownership39.0%
Beta1.23
Dividend yield0.26%
Last dividend$0.22 on 2026-09-04
50 / 200-day average$344.92 / $340.77

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where GOOGL sits among 32 scored companies in Internet Content & Information (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureGOOGLIndustry medianIndustry percentileSector median
P/E (TTM) 17.0x 14.6x
68th		 16.6x
PEG (P/E ÷ 3-yr EPS CAGR) 0.28 0.28
50th		 0.47
Price / sales 9.3x 2.2x
84th		 1.6x
Price / book 6.5x 1.9x
83rd		 2.1x
Price / tangible book 7.7x 3.7x
83rd		 3.7x
Price / free cash flow 77.7x 13.2x
92nd		 10.4x
Price / operating cash flow 22.3x 11.6x
78th		 8.9x
Enterprise value $4.01T $1.7B
100th		 $3.9B
EV / sales 9.0x 2.2x
83rd		 2.2x
EV / EBITDA 12.4x 11.2x
60th		 10.0x
EV / EBIT 13.3x 13.3x
53rd		 15.8x
EV / free cash flow 75.3x 12.1x
92nd		 17.3x
Earnings yield 5.9% 2.5%
58th		 2.4%
FCF yield 1.3% 5.0%
23rd		 6.6%
Operating cash flow yield 4.5% 7.4%
32nd		 10.7%
Graham number (per share) $152.40 $18.65
89th		 $31.22

Profitability (TTM)

MeasureGOOGLIndustry medianIndustry percentileSector median
Gross margin 60.9% 72.9%
39th		 51.5%
EBITDA margin 72.7% 11.9%
97th		 18.1%
Operating margin 33.1% 5.2%
94th		 9.7%
EBIT margin 67.5% 6.8%
97th		 9.3%
Net margin 54.8% 5.8%
97th		 5.3%
NOPAT margin 27.0% 4.5%
90th		 7.1%
FCF margin 11.9% 12.3%
45th		 10.5%
Operating cash flow margin 41.6% 18.5%
93rd		 17.4%
R&D / revenue 15.5% 15.8%
45th		 0.0%
SG&A / revenue 12.3% 36.3%
7th		 26.0%
Stock comp / revenue 6.3% 6.3%
50th		 1.7%
Effective tax rate 18.4% 21.0%
32nd		 21.0%

Returns on capital

MeasureGOOGLIndustry medianIndustry percentileSector median
ROE (on average equity) 48.7% 7.3%
86th		 7.6%
ROA 34.3% 4.0%
94th		 3.1%
ROIC 23.6% 7.6%
71st		 7.6%
ROCE 37.8% 6.9%
94th		 7.2%
Return on tangible assets 42.3% 4.7%
97th		 5.5%
Cash ROIC (OCF / invested capital) 36.4% 32.0%
61st		 15.6%
Gross profitability (GP / assets) 29.5% 40.0%
32nd		 26.4%
ROIC, 3-yr average 54.9% 4.7%
96th		 4.1%
ROIC, 5-yr average 97.6% 6.3%
87th		 3.7%
ROE, 5-yr average 30.0% 2.5%
96th		 5.0%
Incremental ROIC 7.5% -0.1%
60th		 1.0%

Growth

MeasureGOOGLIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 20.1% 13.0%
70th		 7.2%
Revenue growth (QoQ) 9.0% 6.4%
61st		 4.0%
Revenue CAGR, 3 yr 15.5% 12.9%
62nd		 5.0%
Revenue CAGR, 5 yr 15.2% 13.8%
54th		 7.4%
Gross profit CAGR, 3 yr 19.2% 10.5%
75th		 6.4%
Operating income CAGR, 3 yr 25.6% 25.6%
38th		 13.7%
Net income growth (TTM YoY) 111.3% 38.0%
75th		 12.6%
Net income CAGR, 3 yr 58.8% 44.0%
78th		 20.1%
EPS growth (TTM YoY) 109.4% 55.7%
75th		 15.5%
EPS CAGR, 3 yr 60.8% 48.2%
78th		 26.6%
EPS CAGR, 5 yr 33.8% 14.4%
75th		 14.4%
FCF growth (TTM YoY) -20.2% 18.1%
13th		 20.6%
FCF CAGR, 3 yr -9.2% 22.9%
0th		 16.7%
Operating cash flow CAGR, 3 yr 23.3% 23.3%
47th		 13.1%
Book value CAGR, 3 yr 35.5% 5.8%
87th		 3.9%
Dividend CAGR, 3 yr 2.7% 2.7%
43rd		 4.2%
Sustainable growth rate 46.6% 15.5%
82nd		 7.7%

Margin history & stability

MeasureGOOGLIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 59.1% 72.7%
37th		 52.4%
Operating margin, 3-yr average 31.9% 2.0%
93rd		 7.5%
Net margin, 3-yr average 37.5% 3.9%
96th		 4.7%
FCF margin, 3-yr average 16.1% 11.8%
60th		 9.7%
Revenue stability (0-1) 0.97 0.93
77th		 0.83
Earnings stability (0-1) 0.66 0.50
70th		 0.30
Margin stability (0-1) 0.96 0.96
50th		 0.88

Liquidity (latest quarter)

MeasureGOOGLIndustry medianIndustry percentileSector median
Cash & short-term investments $242.5B $424.6M
97th		 $479.5M
Net cash (− = net debt) $129.7B $130.6M
97th		 −$532.8M
Working capital $217.4B $219.9M
97th		 $125.0M
Current ratio 2.72 2.00
74th		 1.28
Quick ratio 2.64 2.00
74th		 1.28
Cash ratio (cash + ST investments / current liabilities) 1.92 1.03
77th		 0.70
Defensive interval (days) 918 days 380 days
90th		 395 days

Leverage & solvency (latest quarter)

MeasureGOOGLIndustry medianIndustry percentileSector median
Total debt $112.8B $379.7M
97th		 $1.2B
Debt / equity 0.18 0.18
48th		 0.67
Net debt / equity −0.20 −0.16
38th		 0.37
Debt / assets 12.2% 12.2%
48th		 30.9%
Debt / capital 15.0% 15.0%
48th		 40.7%
Debt / EBITDA 0.35 0.84
24th		 3.03
Net debt / EBITDA −0.40 −0.35
40th		 1.41
Interest coverage (EBIT / interest) 296.0x 6.2x
90th		 3.2x
Cash interest coverage 182.6x 23.6x
76th		 5.5x
Debt payback (years of OCF) 0.6 yrs 1.0 yrs
33rd		 2.8 yrs
Liabilities / assets 30.5% 38.4%
32nd		 56.1%
IS credit model rating AAA — —
Implied credit spread (bps) 50 125
0th		 400

Efficiency

MeasureGOOGLIndustry medianIndustry percentileSector median
Asset turnover 0.63 0.62
52nd		 0.52
Fixed asset turnover 1.32 10.70
17th		 3.99
Inventory turnover 34.9 34.9
25th		 23.8
Receivables turnover 7.2 8.3
35th		 8.1
Days sales outstanding 51 days 41 days
66th		 44 days
Days inventory outstanding 10 days 8 days
60th		 15 days
Days payables outstanding 30 days 49 days
23rd		 57 days
Cash conversion cycle (days) 31 days 3 days
81st		 1 days
Capex / revenue 29.7% 2.0%
87th		 3.5%
Capex / depreciation 5.70 0.55
97th		 0.60
Operating expense ratio 27.6% 68.3%
7th		 45.3%

Cash flow & earnings quality

MeasureGOOGLIndustry medianIndustry percentileSector median
Operating cash flow / net income 0.76 1.91
11th		 2.40
FCF / net income 0.22 1.71
5th		 1.69
FCF / operating cash flow 28.7% 90.1%
4th		 72.9%
Capex / operating cash flow 71.3% 9.9%
93rd		 27.1%
Accruals ratio 8.2% -9.6%
90th		 -8.0%
Sloan accruals ratio 16.2% -5.6%
90th		 -5.6%
Earnings quality score (0-1) 0.50 0.75
5th		 0.75

Dividends & buybacks

MeasureGOOGLIndustry medianIndustry percentileSector median
Dividend yield 0.3% 0.0%
81st		 0.0%
Dividend per share (TTM) $0.86 $0.00
90th		 $0.00
Payout ratio (dividends / net income) 4.2% 0.0%
68th		 5.7%
Dividends / FCF 19.3% 0.0%
88th		 0.0%
Dividend growth (YoY) 3.4% 3.4%
33rd		 3.2%
Buyback yield 0.4% 2.3%
26th		 1.7%
Shareholder yield (dividends + buybacks) 0.7% 4.1%
23rd		 3.5%
Share count change (YoY) 0.9% -0.2%
63rd		 -0.8%
Buybacks, last 5 years $208.7B $248.8M
97th		 $152.3M

Scores & forensic checks

MeasureGOOGLIndustry medianIndustry percentileSector median
IS score 68 57
77th		 44
IS profitability 98 33
97th		 36
IS growth 77 65
77th		 56
IS value 59 49
65th		 44
IS momentum 81 73
57th		 66
IS risk (safety) 100 65
61st		 30
IS quality 80 69
77th		 58
IS balance sheet 95 79
94th		 48
IS earnings quality 54 52
52nd		 58
IS cash flow 36 67
23rd		 56
Piotroski F-score (0-9) 5 6
26th		 5
Altman Z-score 12.0 2.8
97th		 1.7
Beneish M-score −1.78 −2.67
77th		 −2.74
Ohlson O-score −13.02 −8.88
3rd		 −7.27
IS credit score 99 75
100th		 49

Per share

MeasureGOOGLIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $19.84 $0.51
94th		 $0.86
Book value per share $52.03 $6.25
90th		 $14.63
Tangible book per share $47.20 $3.38
87th		 $1.25
Revenue per share $36.23 $11.89
90th		 $17.81
FCF per share $4.33 $1.81
77th		 $1.98
Operating cash flow per share $15.08 $1.87
94th		 $2.77
Cash per share $19.70 $2.24
87th		 $3.75

Size (TTM)

MeasureGOOGLIndustry medianIndustry percentileSector median
Market cap $4.14T $1.9B
100th		 $2.7B
Revenue $445.9B $1.3B
97th		 $1.8B
EBITDA $324.3B $137.4M
97th		 $326.9M
Net income $244.2B $60.0M
97th		 $65.3M
Free cash flow $53.3B $211.2M
97th		 $211.5M
Total assets $922.0B $2.1B
97th		 $3.6B
Shareholders' equity $640.5B $1.1B
97th		 $1.1B
Employees 198,933 1,900
100th		 3,872

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-09-01Schindler Philipp
SVP, Chief Business Officer
 Gift 295——23
2026-09-01Chavez R. Martin
Director
 Gift 1,181——9,989
2026-08-28Arnold Frances
Director
 Open-market sale 82$337.71$27,69218,995
2026-08-25Ashkenazi Anat
SVP, Chief Financial Officer
 Conversion 1,764——60,732
2026-08-25Ashkenazi Anat
SVP, Chief Financial Officer
 Tax withholding 1,781$344.59$613,71558,951
2026-08-25Ashkenazi Anat
SVP, Chief Financial Officer
 Conversion 1,764——140,506
2026-08-25Saraci Marsida
VP, Chief Accounting Officer
 Conversion 121——1,582
2026-08-25Saraci Marsida
VP, Chief Accounting Officer
 Tax withholding 122$344.59$42,0401,459
2026-08-25Saraci Marsida
VP, Chief Accounting Officer
 Conversion 101——3,747
2026-08-25Saraci Marsida
VP, Chief Accounting Officer
 Tax withholding 101$344.59$34,8043,646
2026-08-25Saraci Marsida
VP, Chief Accounting Officer
 Conversion 69——4,216
2026-08-25Saraci Marsida
VP, Chief Accounting Officer
 Tax withholding 69$344.59$23,7774,146

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSep

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired559,861—
Award / grantDisposed11—
ConversionDisposed57787,287—
ConversionAcquired28786,388—
GiftDisposed111,448,769—
GiftAcquired6188,116—
Open-market saleDisposed3812,476$4.4M
Tax withholdingDisposed55114,690$32.5M
—Disposed100—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

FiledFilerShares proposedEst. proceeds
None on file.
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 148 trades (72 purchases) · Senate 20 (7 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-14Cleo FieldsHousePurchase$1,001 - $15,0002026-10-02
2026-09-14Pete SessionsHouseSale$15,001 - $50,0002026-09-21
2026-09-04Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-08-27Thomas H. KeanHouseSale$1,001 - $15,0002026-09-14
2026-06-23Jerry MoranSenatePurchase$1,001 - $15,0002026-07-21
2026-05-27Jerry MoranSenateSale$1,001 - $15,0002026-06-25
2026-03-30John FettermanSenatePurchase$1,001 - $15,0002026-04-03
2026-03-30John Karl FettermanSenatePurchase$1,001 - $15,0002026-04-03
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.460,972,803$164.7B3.79%
VANGUARD CAPITAL MANAGEMENT LLC382,951,664$136.9B3.15%
FMR LLC250,714,005$89.6B2.06%
STATE STREET CORP238,977,259$85.4B1.97%
GEODE CAPITAL MANAGEMENT, LLC150,078,198$53.5B1.23%
PRICE T ROWE ASSOCIATES INC /MD/101,316,099$36.2B0.83%
VANGUARD PORTFOLIO MANAGEMENT LLC98,896,291$35.3B0.81%
Invesco Ltd.91,277,658$32.6B0.75%
JPMORGAN CHASE & CO87,429,127$30.9B0.72%
NORGES BANK80,931,418$28.9B0.67%
Capital World Investors73,349,871$26.2B0.60%
BANK OF AMERICA CORP /DE/72,422,160$25.9B0.60%
Capital Research Global Investors62,527,250$22.3B0.51%
MORGAN STANLEY62,375,065$22.3B0.51%
GOLDMAN SACHS GROUP INC58,584,981$20.9B0.48%

Institutional ownership by quarter

2023-092026-0639.0%
% of shares held by 13F filers
2023-092026-065,769
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-305,76939.0%3292,3412,597102
2026-03-315,60937.1%2442,2252,681195
2025-12-315,66637.5%8001,9622,47782
2025-09-305,07436.5%3522,1542,100108
2025-06-304,91637.4%2732,2741,987136
2025-03-314,85037.6%2182,2072,044237
2024-12-314,95637.7%6962,0661,788105
2024-09-304,45037.5%1852,0061,837158
2024-06-304,47537.6%2811,9381,858111
2024-03-314,36537.6%2412,0041,729124
2023-12-314,31437.6%4931,7511,649102
2023-09-303,99737.4%2131,6851,63588

Schedule 13D / 13G filers

FiledFormFiler% of classShares
None on file.
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX2.76%$64.2B
VTI2.76%$64.2B
VSMPX2.76%$64.2B
VTSAX2.76%$64.2B
VFIAX3.07%$53.1B
VOO3.07%$53.1B

Share structure

Shares outstanding12,157,528,694
Float10,879,318,800
Free float89.5%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$257.6B$282.8B$307.4B$350.0B$403.0B
Cost of revenue$110.9B$126.2B$133.3B$146.3B$162.5B
Gross profit$146.7B$156.6B$174.1B$203.7B$240.4B
R&D$31.6B$39.5B$45.4B$49.3B$61.1B
SG&A$36.4B$42.3B$44.3B$42.0B$50.2B
Operating income$78.7B$74.8B$84.3B$112.4B$129.2B
EBITDA$103.5B$85.2B$98.0B$135.4B$180.0B
Pretax income$90.7B$71.3B$85.7B$119.8B$158.8B
Income tax$14.7B$11.4B$11.9B$19.7B$26.7B
Net income$76.0B$60.0B$73.8B$100.1B$132.2B
EPS, diluted$5.61$4.56$5.80$8.04$10.81
Diluted shares13.6B13.2B12.7B12.4B12.2B

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$139.6B$113.8B$110.9B$95.7B$126.8B
Receivables$39.3B$40.3B$48.0B$52.3B$62.9B
Inventory$1.2B$2.7B$0$0$0
Total current assets$188.1B$164.8B$171.5B$163.7B$206.0B
PP&E, net$110.6B$127.0B$148.4B$184.6B$261.8B
Goodwill & intangibles$24.4B$31.0B$29.2B$31.9B$33.4B
Total assets$359.3B$365.3B$402.4B$450.3B$595.3B
Accounts payable$6.0B$5.1B$7.5B$8.0B$12.2B
Total current liabilities$64.3B$69.3B$81.8B$89.1B$102.7B
Long-term debt$12.8B$12.9B$11.9B$10.9B$59.3B
Total liabilities$107.6B$109.1B$119.0B$125.2B$180.0B
Shareholders' equity$251.6B$256.1B$283.4B$325.1B$415.3B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$76.0B$60.0B$73.8B$100.1B$132.2B
Depreciation & amortization$12.4B$15.9B$11.9B$15.3B$21.1B
Stock-based compensation$15.4B$19.4B$22.5B$22.8B$25.0B
Change in working capital−$1.5B−$2.2B−$3.8B−$8.4B$17.6B
Operating cash flow$91.7B$91.5B$101.7B$125.3B$164.7B
Capital expenditure−$24.6B−$31.5B−$32.3B−$52.5B−$91.4B
Free cash flow$67.0B$60.0B$69.5B$72.8B$73.3B
Investing cash flow−$35.5B−$20.3B−$27.1B−$45.5B−$120.3B
Net debt issued / repaid−$1.2B−$1.2B−$760.0M$888.0M$32.1B
Buybacks−$50.3B−$59.3B−$61.5B−$62.2B−$45.7B
Dividends paid$0$0$0−$7.4B−$10.0B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin56.9%55.4%56.6%58.2%59.7%
Operating margin30.6%26.5%27.4%32.1%32.0%
Net margin29.5%21.2%24.0%28.6%32.8%
FCF margin26.0%21.2%22.6%20.8%18.2%
ROE32.1%23.6%27.4%32.9%35.7%
ROIC47.0%36.6%36.4%36.8%29.8%
ROA22.4%16.6%19.2%23.5%25.3%
Debt / equity0.110.120.100.080.17
Interest coverage263.2x200.8x279.3x448.1x—
Current ratio2.932.382.101.842.01
Revenue growth+41.2%+9.8%+8.7%+13.9%+15.1%
EPS growth+91.8%−18.1%+26.4%+38.5%+33.3%
P/E at year end25.4x18.9x23.7x23.3x29.0x
EV / EBITDA at year end17.6x12.0x17.3x16.7x20.9x
FCF yield at year end3.47%5.29%3.98%3.13%1.91%
Dividend payout0.0%0.0%0.0%7.4%7.6%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Subscriptions, Platforms, And Devices Revenue————$342.7B
Google Search & Other$149.0B$162.4B$175.0B$198.1B$224.5B
Google Search & other$149.0B$162.4B$175.0B$198.1B$224.5B
Google Cloud$19.2B$26.3B$33.1B$43.2B$58.7B
Google Inc.————$48.0B
Google subscriptions, platforms, and devices$28.0B$29.1B$34.7B$40.3B$48.0B
YouTube ads$28.8B$29.2B$31.5B$36.1B$40.4B
YouTube Advertising Revenue————$40.4B
Google Subscriptions, Platforms, And Devices$28.0B$29.1B$34.7B$40.3B—
YouTube Ads$28.8B$29.2B$31.5B$36.1B—
Google Network$31.7B$32.8B$31.3B$30.4B$29.8B
Hedging gains (losses)$149.0M$2.0B$236.0M$211.0M−$127.0M
Other Bets$753.0M$1.1B$1.5B$1.6B$1.5B
Other Segments————−$127.0M

Revenue by region · FY2025

UNITED STATES$194.2B · 48%
EMEA$117.0B · 29%
Asia Pacific$67.7B · 17%
Americas Excluding United States$23.9B · 6%

Street estimates by fiscal year

Next report 2026-10-28 · consensus EPS $2.97 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$498.7B$490.4B – $511.9B$20.59$20.01 – $21.844116.5x
2027$619.6B$578.3B – $672.6B$15.27$14.02 – $16.574122.3x
2028$748.5B$660.2B – $896.0B$18.18$13.86 – $20.813718.7x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-04-29$2.64$5.11+93.6%$107.0B$109.9B+2.7%
2026-02-04$2.57$2.82+9.7%$111.3B$113.8B+2.2%
2025-10-29$2.30$2.87+24.8%$99.9B$102.3B+2.4%
2025-07-23$2.15$2.31+7.4%$99.8B$96.4B−3.4%
2025-04-24$2.02$2.81+39.1%$89.2B$90.2B+1.2%
2025-02-04$2.12$2.15+1.4%$96.7B$96.5B−0.2%
2024-10-29$1.85$2.12+14.6%$86.3B$88.3B+2.3%
2024-07-23$1.84$1.89+2.7%$84.2B$84.7B+0.7%
2024-04-25$1.51$1.89+25.2%$78.6B$80.5B+2.5%
2024-01-30$1.59$1.64+3.1%$85.3B$86.3B+1.2%
2023-10-24$1.45$1.55+6.9%$75.9B$76.7B+1.0%
2023-07-25$1.34$1.44+7.5%$72.8B$74.6B+2.5%
2023-04-25$1.07$1.17+9.3%$68.9B$69.8B+1.3%
2023-02-02$1.18$1.05−11.0%$76.2B$76.0B−0.2%
2022-10-25$1.25$1.06−15.2%$71.0B$69.1B−2.7%
2022-07-26$1.28$1.21−5.5%$69.8B$69.7B−0.2%
2022-04-26$1.30$1.23−5.4%$68.1B$68.0B−0.1%
2022-02-01$1.37$1.53+11.7%$72.3B$75.3B+4.2%
2021-10-26$1.17$1.40+19.7%$63.3B$65.1B+2.9%
2021-07-27$0.97$1.36+40.2%$63.2B$61.9B−2.1%
2021-04-27$0.79$1.31+65.8%$46.3B$55.3B+19.5%
2021-02-02$0.80$1.12+40.0%$53.1B$56.9B+7.2%
2020-10-29$0.56$0.82+46.4%$31.8B$46.2B+45.3%
2020-07-30$0.41$0.51+24.4%$31.0B$38.3B+23.4%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
7.106-1515.606-228.606-298.307-0610.007-1312.207-2012.307-2713.608-037.308-106.108-176.808-246.808-31
Week ofNotionalSharesTrades
2026-08-31$6.8B19,959,812567,162
2026-08-24$6.8B19,683,686482,940
2026-08-17$6.1B17,791,182445,022
2026-08-10$7.3B21,060,441493,928
2026-08-03$13.6B36,983,648756,171
2026-07-27$12.3B36,397,286742,124

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1540.8%
DateShort shareShort volumeTotal volume
2026-10-1540.8%3,243,5377,942,698
2026-10-1442.7%4,244,9149,938,314
2026-10-1351.1%4,403,0538,624,250
2026-10-1249.0%3,503,2817,143,571
2026-10-0945.9%3,295,8937,175,840
2026-10-0851.2%4,220,7158,250,335
2026-10-0736.9%2,831,0857,681,639
2026-10-0642.6%2,887,3196,778,655
2026-10-0534.4%2,673,1787,759,818
2026-10-0250.7%4,420,8618,727,469
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+1.4Jan-2.3Feb+0.9Mar+2.2Apr+2.3May-0.3Jun+5.1Jul+0.2Aug+1.3Sep+5.9Oct+1.5Nov+2.1Dec
MonthAvg returnUp yearsYears
Jan+1.4%75%20
Feb−2.3%40%20
Mar+0.9%48%21
Apr+2.2%60%20
May+2.3%60%20
Jun−0.3%45%20
Jul+5.1%70%20
Aug+0.2%50%20
Sep+1.3%60%20
Oct+5.9%70%20
Nov+1.5%60%20
Dec+2.1%65%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1444.5
MFI61.6
ADX16.8
Stochastic %K / %D43.1 / 58.6
Williams %R-78.7
CCI-59
TSI / signal3.8 / 3.3
Chaikin money flow-0.17
ATR$8.91
Bollinger width5.8%
Volume vs 20-day avg1.12x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$346.41 (−1.7%)
SMA 50$344.53 (−1.1%)
SMA 200$340.87 (−0.1%)
EMA 21$346.50 (−1.7%)
EMA 50$346.42 (−1.7%)
EMA 200$330.90 (+2.9%)
Bollinger upper$356.44 (−4.4%)
Bollinger lower$336.38 (+1.3%)
Parabolic SAR$359.40 (−5.2%)
Open the live chart, 110+ indicators

About Alphabet Inc.

Alphabet Inc. provides a diverse range of products and digital platforms to consumers across multiple global regions, including North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's operations are organized into three primary divisions: Google Services, Google Cloud, and "Other Bets." The Google Services segment delivers core offerings such as its advertising solutions, the Android operating system, the Chrome browser, and various hardware. It also features popular applications like Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. This division further handles the sale of applications, in-app purchases, and digital content via the Google Play store, alongside marketing devices such as Fitbit wearables, Google Nest smart home products, Pixel smartphones, and other proprietary hardware. It also provides non-advertising services for YouTube. The Google Cloud segment offers a comprehensive suite of infrastructure, platform, and other cloud computing services for businesses. This includes Google Workspace, a collection of cloud-native collaboration tools for enterprises, featuring applications like Gmail, Docs, Drive, Calendar, and Meet, among other specialized services for corporate clients. Lastly, the "Other Bets" segment is engaged in developing and selling health technology and internet services. Established in 1998, Alphabet Inc. maintains its principal executive offices in Mountain View, California.

https://www.abc.xyz

Key executives

NameTitlePayBorn
Sundar PichaiChief Executive Officer & Director$10.9M1973
Philipp SchindlerSenior Vice President & Chief Business Officer of Google$1.6M1971
Anat AshkenaziSenior Vice President & Chief Financial Officer$1.1M1973
J. Kent WalkerPresident of Global Affairs, Chief Legal Officer & Company Secretary$1.0M1961
Ruth PoratPresident & Chief Investment Officer$1.0M1958
Lawrence Edward PageCo-Founder & Director$11973
Sergey BrinCo-Founder & Director$11974
Marsida SaraciPrincipal Accounting Officer, VP & Controller—1979

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Philipp Schindler Senior Vice President, Chief Business Officer, Google2025$1.0M$40.6M$0$42.2M
Anat Ashkenazi Senior Vice President, Chief Financial Officer, Alphabet and Google, as of July 31, 20242025$1.0M$30.2M$0$31.3M
Ruth M. Porat President and Chief Investment Officer, Alphabet and Google;2025$1.0M$28.1M$0$29.1M
Kent Walker President, Global Affairs, Chief Legal Officer, and Secretary, Alphabet and Google2025$1.0M$28.1M$0$29.1M
Sundar Pichai Chief Executive Officer, Alphabet and Google, and Director2025$2.0M$0$0$10.9M

Employees

99k2018119k2019135k2020156k2021190k2022183k2023183k2024191k2025

Dividends

Ex-dateAmountPaid
2026-09-04$0.222026-09-14
2026-06-08$0.222026-06-15
2026-03-09$0.212026-03-16
2025-12-08$0.212025-12-15
2025-09-08$0.212025-09-15
2025-06-09$0.212025-06-16
2025-03-10$0.22025-03-17
2024-12-09$0.22024-12-16

Moat model

Narrow · Efficient Scale · 2026-06-30
Cost advantage75
Intangibles55
Switching costs49
Network effect70
Efficient scale100
Our component scores (0-100) and overall 66.5; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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