Alphabet (GOOG) Asset Utilization Ratio (2016 - 2025)
Alphabet (GOOG) has disclosed Asset Utilization Ratio for 10 consecutive years, with 0.8 as the latest value for Q3 2024.
- On a quarterly basis, Asset Utilization Ratio rose 5.54% to 0.8 in Q3 2024 year-over-year; TTM through Sep 2024 was 0.8, a 5.54% increase, with the full-year FY2023 number at 0.8, up 2.58% from a year prior.
- Asset Utilization Ratio was 0.8 for Q3 2024 at Alphabet, up from 0.8 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.8 in Q3 2024 to a low of 0.59 in Q4 2020.
- A 5-year average of 0.72 and a median of 0.76 in 2023 define the central range for Asset Utilization Ratio.
- Peak YoY movement for Asset Utilization Ratio: skyrocketed 299.25% in 2020, then decreased 3.63% in 2023.
- Alphabet's Asset Utilization Ratio stood at 0.59 in 2020, then grew by 23.61% to 0.73 in 2021, then grew by 7.22% to 0.78 in 2022, then dropped by 1.6% to 0.77 in 2023, then increased by 4.55% to 0.8 in 2024.
- Per Business Quant, the three most recent readings for GOOG's Asset Utilization Ratio are 0.8 (Q3 2024), 0.8 (Q2 2024), and 0.79 (Q1 2024).