Alphabet Inc Class C (GOOG)

Return on equity (ROE)

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 stockholders’ equity US$ in thousands 325,084,000 314,119,000 300,753,000 292,844,000 283,379,000 273,202,000 267,141,000 260,894,000 256,144,000 253,626,000 255,419,000 254,004,000 251,635,000 244,567,000 237,565,000 230,013,000 222,544,000 212,920,000 207,322,000 203,659,000
ROE 30.80% 30.01% 29.15% 28.14% 26.04% 24.43% 22.82% 22.46% 23.41% 26.41% 28.20% 29.35% 30.22% 28.87% 26.49% 22.33% 18.09% 16.77% 15.21% 16.95%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $100,118,000K ÷ $325,084,000K
= 30.80%

Over the period from March 31, 2020, to December 31, 2024, Alphabet Inc Class C has shown a generally positive trend in its Return on Equity (ROE). The ROE started at 16.95% in March 2020 and steadily increased to 30.80% by December 2024.

The steady increase in ROE indicates that Alphabet Inc Class C has been effectively utilizing its shareholders' equity to generate profits. This can be a positive sign for investors, as a higher ROE typically suggests that the company is efficiently generating profits from its equity base.

The ROE of Alphabet Inc Class C experienced fluctuations quarterly but generally trended upwards over the analyzed period. However, it is worth noting that there was a slight dip in ROE in the second half of 2022, followed by a recovery in the following quarters.

Overall, the increasing trend in ROE for Alphabet Inc Class C suggests that the company has been effectively managing its operations and investments to generate higher returns for its shareholders. Investors and analysts may view this as a positive indicator of the company's financial health and operational efficiency.


See also:

Alphabet Inc Class C Return on Equity (ROE) (Quarterly Data)