|GOOGL Overview
GOOGL

Alphabet Inc.

Technology • CIK: 0001652044

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Market Cap
$2.95T
P/E (TTM)
23.8x
Rev Growth (TTM)
+13.4%
Net Margin (TTM)
32.2%
FCF Yield (TTM)
2.5%
FCF Margin (TTM)
19.1%

LATEST EARNINGS

Q4 2025
9 days ago
View source
Revenue
Net Income
EPS
  • Consolidated Alphabet revenues increased 18% to $113.8 billion, accelerating from prior periods.
  • Google Cloud revenues surged 48% to $17.7 billion, driven by enterprise AI infrastructure and solutions.
  • Net income increased 30% to $34.5 billion, and diluted EPS grew 31% to $2.82.
  • YouTube's annual revenues surpassed $60 billion for the full year 2025.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$73.6B
Q3 '25
$24.5B+361%
Q2 '25
$5.3B-72%
FCF Margin
TTM19.1%
Q3 '2523.9%+335%
Sector: 14.5%Above Avg
OCF Margin39.3%
OCF/NI1.22x
CapEx Coverage1.9x
FCF Yield2.5%
FCF Growth (2Y)+6%
Cash Conversion Cycle
31 days
DSO: 50+DIO: 0DPO: 19

Capital Allocation & Returns

Balanced
Total Shareholder YieldTTM
TTM2.2%
Div Yield0.3%
+
Buyback (TTM)1.9%

Balancing returns with reinvestment

Dividend & Payout Metrics
Dividend Yield (TTM)0.3%
FCF Payout Ratio13.6%
Free Cash Flow (TTM)$73.6B
Stock Repurchases (TTM)$55.8B
Capital Return / FCF89.3%
Est. Dividends Paid (TTM)$10.0B
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
37.6%
Stable
+0.0% YoY-1.0%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
26.3%
8Q: 26.6%
Asset Turnover
0.81x
8Q: 0.81x
Leverage (1+D/E)
1.07x
D/E: 0.07x
DuPont: 22.7%37.6% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
2.05x
8Q:2.28x
-73.8%
Invested Cap Turn
1.43x
8Q:1.59x
-61.2%
CapEx Intensity
28.9%
8Q:25.4%
CapEx/Depreciation
4.03x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023
Revenue
$385.5B
$102.3B6.1%
$96.4B6.9%
$90.2B6.5%
$96.5B9.3%
$88.3B4.2%
$84.7B5.2%
$80.5B6.7%
$86.3B
Operating Income
$124.1B
$31.2B0.1%
$31.3B2.2%
$30.6B1.2%
$31.0B8.6%
$28.5B4.0%
$27.4B7.7%
$25.5B7.5%
$23.7B
Net Income
$124.3B
$35.0B24.1%
$28.2B18.4%
$34.5B30.2%
$26.5B0.9%
$26.3B11.4%
$23.6B0.2%
$23.7B14.4%
$20.7B
Operating Cash Flow
$151.4B
$48.4B74.5%
$27.7B23.2%
$36.1B7.6%
$39.1B27.4%
$30.7B15.2%
$26.6B7.7%
$28.8B52.5%
$18.9B
Free Cash Flow
$73.6B
$24.5B361.4%
$5.3B72.0%
$19.0B23.7%
$24.8B40.8%
$17.6B31.1%
$13.5B20.1%
$16.8B113.2%
$7.9B
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
23.8x
Valuation Lenses
Earnings
23.8x
vs sector
Cash Flow
28.9x
EV/FCF vs
Growth-Adj
0.7xPEG
Undervalued for growth
Quality-Adj
0.6P/E per %ROIC
ROIC: 37.6%
Shareholder Returns
Dividend
0.3%
Buyback
1.9%
Total Yield
2.2%
Market Cap$2.95T
EV
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
97/100
Exceptional

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Top 25%
35.9%
8Q:
Return on Invested Capital (ROIC)Top 25%
37.6%
8Q:
Flat
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 26.3%
Asset Turnover: 0.81x

Earnings Quality

Cash Conversion

1.22x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin59.2%

Capital Efficiency

Invested Capital Turnover1.43x

Working Capital

Cash Conversion Cycle31 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
66/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
13.4%
OpInc Growth YoY
9.5%
EPS Growth YoY
34.4%
FCF 3Y CAGR
5.6%

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
59.2%
Operating
32.2%
Top 25% in sector
Net
32.2%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
-13.2 pts
FCF: 19.1% | Net: 32.2%
FCF margin lags net margin by 13.2 pts

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $71.89B
Interest Coverage
+Net cash position: $71.89B
Leverage Metrics
Debt-to-Equity
0.07x
Balance sheet risk & solvency analysis