Alphabet Return on Equity (ROE) Growth & History (GOOGL)
Alphabet's return on equity was 35.70% for fiscal 2025.
View full Alphabet company overviewAlphabet annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 35.70% | +2.80 pp |
| 2024 | 2024-12-31 | 32.91% | +5.55 pp |
| 2023 | 2023-12-31 | 27.36% | +3.73 pp |
| 2022 | 2022-12-31 | 23.62% | −8.45 pp |
| 2021 | 2021-12-31 | 32.07% | +13.07 pp |
| 2020 | 2020-12-31 | 19.00% | +0.88 pp |
| 2019 | 2019-12-31 | 18.12% | −0.50 pp |
| 2018 | 2018-12-31 | 18.62% | +9.93 pp |
| 2017 | 2017-12-31 | 8.69% | −6.33 pp |
| 2016 | 2016-12-31 | 15.02% | +0.44 pp |
| 2015 | 2015-12-31 | 14.58% | −0.23 pp |
| 2014 | 2014-12-31 | 14.81% | — |
Alphabet quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 20.05% | +12.09 pp |
| Q1 2026 | 2026-03-31 | 14.00% | +3.69 pp |
| Q4 2025 | 2025-12-31 | 8.59% | +0.29 pp |
| Q3 2025 | 2025-09-30 | 9.33% | +0.78 pp |
| Q2 2025 | 2025-06-30 | 7.96% | +0.00 pp |
| Q1 2025 | 2025-03-31 | 10.31% | +2.09 pp |
| Q4 2024 | 2024-12-31 | 8.30% | +0.87 pp |
| Q3 2024 | 2024-09-30 | 8.55% | +1.27 pp |
| Q2 2024 | 2024-06-30 | 7.96% | +1.00 pp |
| Q1 2024 | 2024-03-31 | 8.21% | +2.39 pp |
| Q4 2023 | 2023-12-31 | 7.43% | +2.09 pp |
| Q3 2023 | 2023-09-30 | 7.29% | +1.82 pp |
| Q2 2023 | 2023-06-30 | 6.96% | +0.67 pp |
| Q1 2023 | 2023-03-31 | 5.82% | −0.68 pp |
| Q4 2022 | 2022-12-31 | 5.35% | −2.97 pp |
| Q3 2022 | 2022-09-30 | 5.47% | −2.39 pp |
| Q2 2022 | 2022-06-30 | 6.28% | −1.64 pp |
| Q1 2022 | 2022-03-31 | 6.50% | −1.42 pp |
| Q4 2021 | 2021-12-31 | 8.32% | +1.33 pp |
| Q3 2021 | 2021-09-30 | 7.86% | +2.50 pp |
| Q2 2021 | 2021-06-30 | 7.92% | +4.54 pp |
| Q1 2021 | 2021-03-31 | 7.92% | +4.55 pp |
| Q4 2020 | 2020-12-31 | 6.99% | +1.61 pp |
| Q3 2020 | 2020-09-30 | 5.35% | +1.70 pp |
| Q2 2020 | 2020-06-30 | 3.39% | −1.91 pp |
| Q1 2020 | 2020-03-31 | 3.37% | −0.31 pp |
| Q4 2019 | 2019-12-31 | 5.38% | +0.23 pp |
| Q3 2019 | 2019-09-30 | 3.65% | −1.89 pp |
| Q2 2019 | 2019-06-30 | 5.30% | +3.32 pp |
| Q1 2019 | 2019-03-31 | 3.69% | −2.31 pp |
| Q4 2018 | 2018-12-31 | 5.15% | +7.10 pp |
| Q3 2018 | 2018-09-30 | 5.54% | +1.13 pp |
| Q2 2018 | 2018-06-30 | 1.98% | −0.42 pp |
| Q1 2018 | 2018-03-31 | 6.00% | +2.18 pp |
| Q4 2017 | 2017-12-31 | −1.95% | −5.86 pp |
| Q3 2017 | 2017-09-30 | 4.41% | +0.55 pp |
| Q2 2017 | 2017-06-30 | 2.40% | −1.48 pp |
| Q1 2017 | 2017-03-31 | 3.82% | +0.37 pp |
| Q4 2016 | 2016-12-31 | 3.90% | −0.26 pp |
| Q3 2016 | 2016-09-30 | 3.86% | +0.25 pp |
| Q2 2016 | 2016-06-30 | 3.88% | — |
| Q1 2016 | 2016-03-31 | 3.45% | — |
| Q4 2015 | 2015-12-31 | 4.16% | — |
| Q3 2015 | 2015-09-30 | 3.62% | — |
Alphabet return on equity trends
Over the last five fiscal years, Alphabet's return on equity increased from 19.00% to 35.70%, a change of +16.71 percentage points. The latest reported quarter, Q2 2026, shows 20.05%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Alphabet source filings ↗Community posts
Google unveils Gemini 4 Argon with restricted initial access
Google ($GOOGL) announced Gemini 4 Argon, a new AI model designed for extended software-engineering, enterprise and cybersecurity tasks. Initial access is being provided to trusted cyber defenders through its Fairwind Program rather than to ...
Google named in lawsuit alleging coordinated AI slowdown
Google ($GOOGL) is among four AI companies named in a proposed US class action alleging that competitors coordinated efforts to slow AI development. Four subscribers to ChatGPT, Claude, Grok or Gemini argue that such an agreement would redu ...
Google Cloud and Avid expand browser-based editing and AI partnership
Google Cloud ($GOOGL) and Avid expanded their partnership with browser-based Media Composer and an upgraded Content Core platform. The systems embed Gemini Enterprise and BigQuery into Avid’s post-production environment, combining professio ...
Google revamps European search results to address EU requirements
Google ($GOOGL) began changing its European search results to address EU competition requirements. Specialist search services will receive more prominent placement, while some features, including up-to-date prices in certain results blocks, ...