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Alphabet Inc. GOOG

Nasdaq · stock · Services-Computer Programming, Data Processing, Etc. · website · IPO 2004-08-19 · LEI

Alphabet Inc. statistics & valuation

Market cap$4.11T
P / E31.1×
P / S10.2×
P / B9.9×
P / FCF56.1×
Dividend yield0.24%
Net margin32.8%
Return on equity31.8%
FCF margin18.2%
Net debt$18.4B
Net debt / EBITDA0.1×
Enterprise value USD$4.13T
EV / EBITDA27.5×
Earnings yield EBIT/EV3.1%
Return on capital26.2%
Graham number -73.5%$90.88

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($90.88); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
21.60% 11.40% 22.50% 21.20% 22.10% 29.50% 21.20% 24.00% 28.60% 32.80% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
26.30% 23.60% 20.10% 21.10% 22.60% 30.60% 26.50% 27.40% 32.10% 32.00% 2016201720182019202020212022202320242025
Return on equity (%)
14.00% 8.30% 17.30% 17.00% 18.10% 30.20% 23.40% 26.00% 30.80% 31.80% 2016201720182019202020212022202320242025
Shares outstanding
13.83B 13.90B 13.91B 13.77B 13.50B 13.24B 13.16B 12.72B 12.45B 12.23B 2016201720182019202020212022202320242025
Net debt ($)
-$8.92B -$6.69B -$12.64B -$13.81B -$11.15B -$5.50B -$6.57B -$11.05B -$11.47B $18.38B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
11.60% 6.40% 13.20% 12.40% 12.60% 21.20% 16.40% 18.30% 22.20% 22.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
28.60% 21.60% 16.70% 19.10% 23.50% 26.00% 21.20% 22.60% 20.80% 18.20% 2016201720182019202020212022202320242025
Debt / equity (×)
0.03× 0.03× 0.02× 0.02× 0.07× 0.06× 0.06× 0.05× 0.04× 0.12× 2016201720182019202020212022202320242025
EPS ($)
$1.39 $0.90 $2.19 $2.46 $0.15 $5.61 $4.56 $5.80 $8.04 $10.81 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Alphabet Inc. trades at about 31.7× earnings — above its 10-year norm (10-year range 21.9×–626.5×, median 28.6×).

21.9× 626.5×

Shaded band = 10-year range (21.9×–626.5×); dot = today's 31.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin32.0%32.1%27.4%26.5%30.6%22.6%21.1%20.1%23.6%26.3%
Net margin32.8%28.6%24.0%21.2%29.5%22.1%21.2%22.5%11.4%21.6%
FCF margin18.2%20.8%22.6%21.2%26.0%23.5%19.1%16.7%21.6%28.6%
Return on assets22.2%22.2%18.3%16.4%21.2%12.6%12.4%13.2%6.4%11.6%
Return on equity31.8%30.8%26.0%23.4%30.2%18.1%17.0%17.3%8.3%14.0%
Debt / equity0.12×0.04×0.05×0.06×0.06×0.07×0.02×0.02×0.03×0.03×
Current ratio2.011.842.102.382.933.073.373.925.146.29

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.