GOOGL vs MAX vs APPS Stock Comparison

Alphabet, MediaAlpha and Digital Turbine Prices as of Nov 3, 2026 Peers: Industry group
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GOOGL Alphabet Inc.
$280.03 -18.5% 1M -1.3% 1Y
Market cap
$3.52T
P/E
15.0x
Revenue (TTM)
$471.10B
Div. yield
–
Digital Advertising Technology
6 wins
MAX MediaAlpha, Inc.
$15.16 +57.9% 1M +14.3% 1Y
Market cap
$813.00M
P/E
7.5x
Revenue (TTM)
$1.29B
Div. yield
–
Digital Advertising Technology
4 wins
APPS Digital Turbine, Inc.
$9.19 -17.7% 1M +45.6% 1Y
Market cap
$1.15B
P/E
–
Revenue (TTM)
$600.31M
Div. yield
–
Digital Advertising Technology
1 win

Head to Head

11 decided of 12

Alphabet leads on 6 of the 12 questions below (Alphabet 6, MediaAlpha 4, Digital Turbine 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGOOGLMAXAPPSLeader
Larger companyMarket capitalisation $3.52T $813.00M $1.15B GOOGL
Cheaper on earningsLower P/E, profitable companies only 15.0x 7.5x -32.9x MAX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.3x 11.4x 12.4x MAX
Faster revenue growthRevenue growth, trailing twelve months +22.2% +15.2% +19.2% GOOGL
More profitableNet margin, trailing twelve months 49.9% 8.4% -5.8% GOOGL
Better return on capitalReturn on invested capital 16.7% 47.0% 11.2% MAX
Less leveragedLower net debt / EBITDA -0.8x 1.6x 2.2x GOOGL
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -1.3% +14.3% +45.6% APPS
Better 5-year returnAnnualised price return, 5 years +13.6%/yr -2.7%/yr -33.9%/yr GOOGL
Less volatileAnnualised volatility, 1 year 34.0% 57.0% 95.7% GOOGL
Higher overall scoreMean of the five percentile scores vs peers 57/100 57/100 36/100 MAX

Percentile Scorecard

GOOGLMAXAPPS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGOOGLMAXAPPS
Valuation 39 #101 of 166 65 #59 of 166 46 #91 of 166
Growth 68 #50 of 154 94 #11 of 154 54 #71 of 154
Profitability 82 #28 of 154 70 #47 of 154 54 #72 of 154
Financial Health 73 #50 of 179 31 #124 of 179 19 #145 of 179
Shareholder Returns 22 #76 of 97 27 #71 of 97 9 #88 of 97
Overall 57 57 36
  • GOOGL ranked among 185 companies in Internet Platforms
  • MAX ranked among 185 companies in Internet Platforms
  • APPS ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGOOGLMAXAPPSSPY
1 month -18.5%+57.9%-17.7% -2.0%
3 months -25.8%+22.3%-3.4% -2.2%
6 months -27.9%+60.4%+136.2% +4.2%
Year to date -10.5%+17.1%+83.8% +10.6%
1 year -1.3%+14.3%+45.6% +10.4%
3 years +116.9%+55.2%+74.7% +73.6%
3 years, per year +29.5%+15.8%+20.5% +20.2%
5 years +88.9%-12.6%-87.4% +61.6%
5 years, per year +13.6%-2.7%-33.9% +10.1%
10 years +616.0%—+1,431.7% +261.3%
10 years, per year +21.8%—+31.4% +13.7%

Risk

MeasureGOOGLMAXAPPSSPY
Volatility, 1Y 34.0%57.0%95.7% 12.8%
Downside volatility, 1Y 34.5%55.4%80.0% 12.8%
Beta vs S&P 500, 1Y 1.400.332.22 1.00
Return / volatility, 1Y -0.040.250.48 0.81
Max drawdown, 5Y -44.3%-71.0%-98.3% -25.4%
From 52-week high -30.4%0.0%-36.1% -3.2%
52-week high $402.62$15.16$14.39 $779.14
52-week low $273.50$7.17$2.82 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGOOGLMAXAPPS
P/E now vs peer median 14.5xmedian 17.5x 7.4xmedian 17.5x -31.7xmedian 17.5x
P/S now vs peer median 7.3xmedian 1.4x 0.6xmedian 1.4x 1.9xmedian 1.4x
EV/EBITDA now vs peer median 17.8xmedian 15.3x 9.9xmedian 15.3x 10.1xmedian 15.3x
P/FCF now vs peer median 173.8xmedian 12.1x 14.7xmedian 12.1x 52.4xmedian 12.1x
P/B now vs peer median 5.1xmedian 1.7x 15.6xmedian 1.7x 5.8xmedian 1.7x
PEG now vs peer median 0.25median 0.37 0.16median 0.37 0.49median 0.37

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGOOGLMAXAPPS
Revenue $471.10B $1.29B $600.31M
Gross profit $286.70B $192.01M $343.76M
Operating income $156.98B $93.48M $61.76M
Net income $235.69B $119.17M -$34.96M
Free cash flow $19.75B $54.20M $21.19M
R&D $74.46B $23.04M $40.92M
EPS (diluted) $19.12 $1.72 $-0.29
Cash & equivalents $56.33B $18.68M $43.21M
Total debt $125.10B $174.92M $352.86M
Shares (diluted) 12.31B 62.83M 120.67M
Enterprise value $3.26T $697.66M $990.34M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGOOGLMAXAPPS
P/E 14.5x 7.4x -31.7x
P/FCF 173.8x 14.7x 52.4x
P/Operating cash flow 19.1x 14.5x 21.8x
P/S 7.3x 0.6x 1.9x
P/B 5.1x 15.6x 5.8x
P/Tangible book 5.1x 16.2x -62.1x
EV/EBITDA 17.8x 9.9x 10.1x
EV/EBIT 21.0x 10.2x 23.0x
EV/Revenue 7.0x 0.7x 2.4x
EV/FCF 166.7x 17.6x 67.1x
EV/Operating cash flow 18.3x 17.3x 27.9x
PEG (3Y EPS CAGR) 0.25 0.16 0.49

Growth

14 metrics
MetricGOOGLMAXAPPS
Revenue growth (1Y) 22.2% 15.2% 19.2%
Revenue CAGR (3Y) 16.6% 48.5% -1.3%
Gross profit growth (1Y) 25.7% 11.8% 29.3%
Gross profit CAGR (3Y) 20.0% 43.8% 1.1%
Operating income growth (1Y) 26.5% 417.7% 244.8%
Operating income CAGR (3Y) 25.8% 58.6% 53.7%
Net income growth (1Y) 89.7% 154,671% 56.9%
Net income CAGR (3Y) 52.3% 51.3% -75.9%
EPS growth (1Y) 87.8% 8,620% 61.9%
EPS CAGR (3Y) 57.2% 47.7% -65.1%
Operating cash flow growth (1Y) 18.6% -37.0% 131.0%
Operating cash flow CAGR (3Y) 19.0% 88.4% -13.3%
Free cash flow growth (1Y) -73.2% -37.9% 396.8%
Free cash flow CAGR (3Y) -36.6% 87.7% -26.5%

Profitability

14 metrics
MetricGOOGLMAXAPPS
Gross margin 60.9% 14.8% 57.3%
EBITDA margin 39.3% 7.4% 23.5%
Operating margin 33.3% 7.2% 10.3%
Pretax margin 61.1% 0.7% -4.0%
Net margin 49.9% 8.4% -5.8%
FCF margin 4.2% 4.2% 3.5%
Operating cash flow margin 38.1% 4.3% 8.5%
Return on equity 35.8% 513.9% -17.9%
Return on assets 24.5% 32.6% -4.1%
Return on invested capital 16.7% 47.0% 11.2%
Return on capital employed 19.0% 42.4% 10.9%
Asset turnover 0.5x 3.5x 0.7x
Cash conversion (OCF / net income) 0.8x 0.5x -1.5x
Stock comp / revenue 6.5% 2.4% 2.1%

Financial Health

11 metrics
MetricGOOGLMAXAPPS
Debt / assets 12.5% 47.0% 41.8%
Debt / equity 0.2x 3.4x 1.9x
Net debt / EBITDA -0.8x 1.6x 2.2x
Debt / FCF 6.3x 3.2x 16.6x
Liabilities / assets 32.5% 86.2% 77.4%
Equity / assets 67.5% 13.8% 22.6%
Interest coverage – 8.8x –
Current ratio 2.8x 1.3x 1.2x
Quick ratio 2.5x 1.3x 1.5x
Cash ratio 2.0x 0.1x 0.2x
Altman Z-score 8.32 4.43 0.85

Shareholder Returns

7 metrics
MetricGOOGLMAXAPPS
Dividend yield 0.3% – –
Net buyback yield -0.2% -0.1% -5.2%
Shareholder yield 0.1% -0.1% -5.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGOOGLMAXAPPS
Forward P/E 13.3xFY2026 11.4xFY2026 12.4xFY2026
EPS, next fiscal year $21.10FY2026 $1.33FY2026 $0.74FY2026
EPS growth, next FY +95.2%FY2026 +241.0%FY2026 +32.1%FY2026
EPS growth, the year after -31.6% -7.5% +32.4%
Revenue, next fiscal year $528.22BFY2026 $1.26BFY2026 $690.88MFY2026
Revenue growth, next FY +31.1%FY2026 +13.6%FY2026 +22.2%FY2026
Revenue growth, the year after +21.6% +17.4% +3.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGOOGLMAXAPPS
Held by institutions 70.1% 91.9% 64.5%
Institutions holding 5,746 156 211
Change in shares held, QoQ +4.6% -0.3% +7.1%
Institutions buying 2,659 70 128
Institutions selling 2,576 66 62
Buyers to sellers 1.03 1.06 2.06

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GOOGLMAXAPPS
GOOGL 1.00 -0.13 0.13
MAX -0.13 1.00 0.22
APPS 0.13 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GOOGL, MAX and APPS?

Alphabet (GOOGL) is the largest by market capitalisation: Alphabet (GOOGL) $3.52T, MediaAlpha (MAX) $813.00M, Digital Turbine (APPS) $1.15B.

Which stock is cheaper, GOOGL, MAX and APPS?

MediaAlpha (MAX) trades on the lowest price-to-earnings ratio (Alphabet (GOOGL) 15.0x, MediaAlpha (MAX) 7.5x, Digital Turbine (APPS) -32.9x). On next year's consensus earnings, MediaAlpha (MAX) is cheapest (Alphabet (GOOGL) 13.3x, MediaAlpha (MAX) 11.4x, Digital Turbine (APPS) 12.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Alphabet (GOOGL) grew revenue fastest over the trailing twelve months: Alphabet (GOOGL) +22.2%, MediaAlpha (MAX) +15.2%, Digital Turbine (APPS) +19.2%.

Which company is more profitable?

Alphabet (GOOGL) has the highest net margin (Alphabet (GOOGL) 49.9%, MediaAlpha (MAX) 8.4%, Digital Turbine (APPS) -5.8%). On return on invested capital, MediaAlpha (MAX) leads (Alphabet (GOOGL) 16.7%, MediaAlpha (MAX) 47.0%, Digital Turbine (APPS) 11.2%).

Which stock has performed better?

Over the past year Digital Turbine (APPS) returned the most: Alphabet (GOOGL) -1.3%, MediaAlpha (MAX) +14.3%, Digital Turbine (APPS) +45.6%. Over five years, Alphabet (GOOGL) compounded fastest (Alphabet (GOOGL) +13.6%/yr, MediaAlpha (MAX) -2.7%/yr, Digital Turbine (APPS) -33.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Alphabet (GOOGL) has been the steadiest (Alphabet (GOOGL) 34.0%, MediaAlpha (MAX) 57.0%, Digital Turbine (APPS) 95.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GOOGL, MAX and APPS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Alphabet (GOOGL) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.