Alphabet Inc Class A (GOOGL)

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%

Alphabet Inc Class A's return on assets (ROA) has shown a generally positive trend over the past few years. ROA increased from 12.63% as of March 31, 2020, to a peak of 22.24% as of December 31, 2024. The company's ability to generate profits from its assets has improved consistently, with fluctuations along the way but with an overall upward trajectory. This indicates that Alphabet Inc has been effectively utilizing its assets to generate earnings for its shareholders. The increasing ROA suggests that the company's operational efficiency and profitability have been improving over the period under review. Investors and stakeholders may view the upward trend in ROA positively, reflecting the company's effective management of its assets to generate returns.