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.
Peer comparison
Dec 31, 2024
See also:
Alphabet Inc Class C Return on Equity (ROE) (Quarterly Data)