Alphabet Inc Class C (GOOG)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 100,118,000 | 94,269,000 | 87,657,000 | 82,406,000 | 73,795,000 | 66,732,000 | 60,953,000 | 58,587,000 | 59,972,000 | 66,990,000 | 72,016,000 | 74,539,000 | 76,033,000 | 70,618,000 | 62,929,000 | 51,363,000 | 40,269,000 | 35,713,000 | 31,534,000 | 34,522,000 |
| Revenue (ttm) | US$ in thousands | 348,853,000 | 338,527,000 | 326,485,000 | 316,133,000 | 305,445,000 | 294,667,000 | 287,780,000 | 283,140,000 | 281,513,000 | 282,362,000 | 277,870,000 | 270,007,000 | 257,262,000 | 238,240,000 | 219,442,000 | 195,859,000 | 181,704,000 | 171,155,000 | 165,528,000 | 166,276,000 |
| Net profit margin | 28.70% | 27.85% | 26.85% | 26.07% | 24.16% | 22.65% | 21.18% | 20.69% | 21.30% | 23.72% | 25.92% | 27.61% | 29.55% | 29.64% | 28.68% | 26.22% | 22.16% | 20.87% | 19.05% | 20.76% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $100,118,000K ÷ $348,853,000K
= 28.70%
The net profit margin of Alphabet Inc Class C has shown fluctuating trends over the years, ranging from 19.05% in June 2020 to a peak of 29.64% in September 2021. The net profit margin measures the percentage of revenue that translates into profit after accounting for all expenses, including operating costs, interest, and taxes.
Alphabet Inc Class C demonstrated a strong performance with a net profit margin exceeding 20% consistently in recent years, indicating efficient cost management and profitability. The company experienced a notable improvement in profitability from March 2021 to December 2021, with the net profit margin increasing from 26.22% to 29.55%.
However, there was a slight decline recorded towards the end of 2022 and the beginning of 2023, with the net profit margin decreasing to 21.30% by December 2022. Despite this temporary setback, Alphabet Inc Class C managed to rebound, with the net profit margin recovering to 28.70% by December 2024.
Overall, the fluctuation in net profit margin reflects the dynamic business environment in which Alphabet Inc Class C operates. It is essential for investors and stakeholders to monitor these trends to assess the company's financial performance and sustainability in generating profits.
Peer comparison
Dec 31, 2024