ValueScreener
Alphabet Inc.GOOGNASDAQ

Debt/Equity stays at or below 0.2. It has not broken in 10 filed years.

Today it reads 0.16x. Tested against 10 filed years.

Write a thesis
Named tests met7 of 30
295.35 USD Market data. Sources for Share priceClose of Nov 12, 2026

Market data as of Nov 12, 2026. Ratios computed Nov 12, 2026.

ValueScreener company report

NASDAQ / Communication Services / Internet Content & Information

Reading

The evidence behind it

Overview

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on invested capital, after tax

23.8% Computed

From the FY2025 filing

Read quality

Valuation

Price to earnings

27.07x Computed

FY2025 accounts, priced at 21:00 UTC

Read valuation

Cash generation

Free cash flow yield

2.0% Computed

FY2025 accounts, priced at 21:00 UTC

Read cash generation

Strength

Debt to equity

0.16 Computed

From the FY2025 filing

Read strength

Revenue and net income, as filed

FY2016 Revenue: 90.27B USDFY2016 Net income: 19.48B USDFY2017 Revenue: 110.86B USDFY2017 Net income: 12.66B USDFY2018 Revenue: 136.82B USDFY2018 Net income: 30.74B USDFY2019 Revenue: 161.86B USDFY2019 Net income: 34.34B USDFY2020 Revenue: 182.53B USDFY2020 Net income: 40.27B USDFY2021 Revenue: 257.64B USDFY2021 Net income: 76.03B USDFY2022 Revenue: 282.84B USDFY2022 Net income: 59.97B USDFY2023 Revenue: 307.39B USDFY2023 Net income: 73.80B USDFY2024 Revenue: 350.02B USDFY2024 Net income: 100.12B USDFY2025 Revenue: 402.84B USDFY2025 Net income: 132.17B USD
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Market capitalisation
3.63T USD Market data. Sources for Market capitalisation21:00 UTC
Filed accounts
FY2025, filed Feb 5, 2026
Filed years
10, FY2016 to FY2025
The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 27.07x at the close of 2026-11-12 on FY2025 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits between 25.00x and 40.00x.

Today, against the Internet Content & Information industry (33 companies), 27.07x sits at the 62nd percentile; the middle half of that group runs from 5.25x to 35.05x.

Is it good

Return on invested capital was 23.8% in FY2025, in the band labelled "Exceptional" (20.0% and above), on lines anchored on Damodaran's cost-of-capital data, suggesting returns on the capital in the business well above the usual cost of that capital.

Today, against the Communication Services sector (84 companies), 23.8% sits at the 91st percentile; the middle half of that group runs from -1.6% to 9.0%.

Is it safe

Interest coverage was 175.32x in FY2025, in the band labelled "Comfortable" (6.00x and above), on lines anchored on Damodaran's interest-coverage table, suggesting an interest bill operating profit covers many times over.

Year by year against peers
Whether Alphabet Inc.'s return on invested capital stayed above the median of the Communication Services sector, year by year. (FY2018 to FY2025, 8 fiscal years of Alphabet Inc. with a comparable figure)
The direction
Which way Alphabet Inc.'s return on equity has moved, and how steadily. (FY2016 to FY2025, 10 filed years of Alphabet Inc.)
What could explain it
What in Alphabet Inc.'s filed statements could explain the movements. (11 readings drawn from the statement lines Alphabet Inc. filed)
What to check next
What to check next on Alphabet Inc., and where in its filings. (4 questions for Alphabet Inc.)
In one paragraph
One paragraph on Alphabet Inc.'s returns, cash, balance sheet and price. (16 of sixteen figures read for Alphabet Inc.)

These are GOOG’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

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What changed

SEC filingCompany statement

The newest accounts on file are the FY2025 annual report: 10-K, filed Feb 5, 2026, accession 0001652044-26-000018.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

What this cannot tell you

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Then we check your line against newly filed data and write to you the night our data shows it broke. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published. It is Professional, the plan a new account starts on for 30 days, one trial per person.

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ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Margin Notes

Once a week, what changed in the filings of US-listed companies, and what it can mean for a thesis.

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