Alphabet Inc Class A (GOOGL)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 202,657,000 | 172,227,000 | 155,076,000 | 146,698,000 | 97,795,000 |
| Revenue | US$ in thousands | 348,963,000 | 305,559,000 | 281,279,000 | 257,637,000 | 182,527,000 |
| Gross profit margin | 58.07% | 56.36% | 55.13% | 56.94% | 53.58% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $202,657,000K ÷ $348,963,000K
= 58.07%
Alphabet Inc Class A has shown a consistent improvement in its gross profit margin over the past five years. Starting at 53.58% as of December 31, 2020, the gross profit margin has steadily increased to 58.07% as of December 31, 2024. This upward trend indicates the company's ability to effectively control its production costs and generate more profit from its core business activities. It suggests that Alphabet Inc Class A has been able to enhance its operational efficiency and potentially increase its pricing power in the market. Overall, the improving gross profit margin reflects positively on the company's financial performance and competitive positioning in the industry.
Peer comparison
Dec 31, 2024