Alphabet Inc Class C (GOOG)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 202,657,000 | 172,227,000 | 155,076,000 | 146,698,000 | 97,795,000 |
| Revenue | US$ in thousands | 348,963,000 | 305,559,000 | 281,279,000 | 257,637,000 | 182,527,000 |
| Gross profit margin | 58.07% | 56.36% | 55.13% | 56.94% | 53.58% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $202,657,000K ÷ $348,963,000K
= 58.07%
The gross profit margin of Alphabet Inc Class C has shown a steady improvement over the years based on the provided data. From December 31, 2020, where it stood at 53.58%, the margin increased to 56.94% by December 31, 2021. Subsequently, it slightly decreased to 55.13% by December 31, 2022, before rebounding to 56.36% by December 31, 2023. The most recent data point, December 31, 2024, shows a significant improvement with a gross profit margin of 58.07%. Overall, the trend indicates an upward trajectory in the gross profit margin of Alphabet Inc Class C, which suggests improved efficiency in managing production costs and generating revenue from its core operations.
Peer comparison
Dec 31, 2024