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.
Peer comparison
Dec 31, 2024