Growth Metrics

Alphabet (GOOG) Return on Assets (2016 - 2025)

Alphabet (GOOG) has disclosed Return on Assets for 10 consecutive years, with 0.22% as the latest value for Q3 2024.

  • On a quarterly basis, Return on Assets rose 4.0% to 0.22% in Q3 2024 year-over-year; TTM through Sep 2024 was 0.22%, a 4.0% increase, with the full-year FY2023 number at 0.19%, up 3.0% from a year prior.
  • Return on Assets was 0.22% for Q3 2024 at Alphabet, up from 0.21% in the prior quarter.
  • In the past five years, Return on Assets ranged from a high of 0.24% in Q4 2021 to a low of 0.11% in Q2 2020.
  • A 5-year average of 0.19% and a median of 0.19% in 2022 define the central range for Return on Assets.
  • Peak YoY movement for Return on Assets: increased 11bps in 2021, then decreased -5bps in 2022.
  • Alphabet's Return on Assets stood at 0.14% in 2020, then skyrocketed by 68bps to 0.24% in 2021, then dropped by -22bps to 0.19% in 2022, then dropped by -1bps to 0.18% in 2023, then increased by 21bps to 0.22% in 2024.
  • Per Business Quant, the three most recent readings for GOOG's Return on Assets are 0.22% (Q3 2024), 0.21% (Q2 2024), and 0.2% (Q1 2024).