Alphabet Inc Class C (GOOG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 100,118,000 | 73,795,000 | 59,972,000 | 76,033,000 | 40,269,000 |
| Revenue | US$ in thousands | 348,963,000 | 305,559,000 | 281,279,000 | 257,637,000 | 182,527,000 |
| Net profit margin | 28.69% | 24.15% | 21.32% | 29.51% | 22.06% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $100,118,000K ÷ $348,963,000K
= 28.69%
The net profit margin of Alphabet Inc Class C has shown fluctuations over the years based on the data provided. As of December 31, 2020, the net profit margin stood at 22.06%, indicating that the company generated $0.22 of profit for every dollar of revenue. Subsequently, the net profit margin increased to 29.51% by December 31, 2021, showcasing improved profitability. However, by the end of 2022, the net profit margin dropped to 21.32%, suggesting a decrease in profitability compared to the previous year.
In the following years, there was a recovery in the net profit margin as of December 31, 2023, reaching 24.15%. This improvement continued into December 31, 2024, with a net profit margin of 28.69%, indicating that Alphabet Inc Class C was able to enhance its profitability further.
Overall, the trend in net profit margin for Alphabet Inc Class C reflects varying profitability levels over the years, with fluctuations that may have been influenced by factors such as changes in revenue, expenses, and operational efficiency.
Peer comparison
Dec 31, 2024