Alphabet Inc Class A (GOOGL)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 172,113,000 | 163,568,000 | 158,752,000 | 155,924,000 | 155,310,000 | 158,513,000 | 157,558,000 | 153,572,000 | 146,323,000 | 134,209,000 | 121,915,000 | 106,006,000 | 96,972,000 | 91,789,000 | 89,711,000 | 91,716,000 | 89,866,000 | 86,369,000 | 82,893,000 | 79,918,000 |
| Revenue (ttm) | US$ in thousands | 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 | 161,456,000 | 155,163,000 | 148,400,000 | 142,012,000 |
| Gross profit margin | 56.35% | 55.51% | 55.16% | 55.07% | 55.17% | 56.14% | 56.70% | 56.88% | 56.88% | 56.33% | 55.56% | 54.12% | 53.37% | 53.63% | 54.20% | 55.16% | 55.66% | 55.66% | 55.86% | 56.28% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $172,113,000K ÷ $305,445,000K
= 56.35%
The gross profit margin of Alphabet Inc has shown consistency in the range of 55% to 57% over the past eight quarters. This indicates the company's ability to efficiently manage its production costs and generate profits from its core business activities. The slight fluctuations in the gross profit margin suggest that Alphabet Inc has been able to effectively maintain profitability despite potential changes in economic conditions or competitive pressures. Overall, the trend in the gross profit margin reflects a level of stability and effectiveness in the company's operational performance.
Peer comparison
Dec 31, 2023