Alphabet Inc Class C (GOOG)

Return on assets (ROA)

		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
Total assets	US$ in thousands	450,256,000	430,266,000	414,770,000	407,350,000	402,392,000	396,711,000	383,044,000	369,491,000	365,264,000	358,255,000	355,185,000	357,096,000	359,268,000	347,403,000	335,387,000	327,095,000	319,616,000	299,243,000	278,492,000	273,403,000
ROA		22.24%	21.91%	21.13%	20.23%	18.34%	16.82%	15.91%	15.86%	16.42%	18.70%	20.28%	20.87%	21.16%	20.33%	18.76%	15.70%	12.60%	11.93%	11.32%	12.63%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $100,118,000K ÷ $450,256,000K
= 22.24%

The return on assets (ROA) for Alphabet Inc Class C has shown a generally positive trend over the period analyzed. In March 2020, the ROA stood at 12.63%, indicating that the company generated $0.1263 in net income for every dollar of assets. The ROA dipped slightly to 11.32% by June 2020 but started to improve in the following quarters, reaching 12.60% by December 2020.

Subsequently, there was a significant increase in ROA to 15.70% in March 2021, likely reflecting improved asset utilization or profitability. The upward trend continued, with ROA reaching 22.24% by December 2024, showing efficient use of assets to generate profits.

Overall, the increasing ROA indicates that Alphabet Inc Class C has been effectively utilizing its assets to generate earnings over the period under review, a positive signal for investors and stakeholders. However, it is essential to consider other financial metrics and factors when evaluating the company's overall performance and financial health.