Alphabet (GOOG) Return on Capital Employed (2015 - 2026)

Alphabet (GOOG) reported Return on Capital Employed of 25.65% for Q1 2026, down 601.0% year-over-year from 5.12% in Q1 2025, and down 7.92% quarter-over-quarter from 27.86% in Q4 2025.

Alphabet (GOOG) Return on Capital Employed (2015 - 2026) Analysis & Trends

Alphabet (GOOG) has 12 years of Return on Capital Employed data on file, last reported at 25.65% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 25.65%, down 601.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.65% (down 601.0% YoY), and the FY2025 annual result was 30.72%, down 261.0% from the prior year.
  • Return on Capital Employed eased to 25.65% in Q1 2026 per GOOG's latest filing, from 27.86% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 32.01% in Q4 2024 and troughed at 24.17% in Q1 2023.
  • A 5-year average of 27.96% and a median of 27.86% in 2025 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2026: Return on Capital Employed surged 926 bps in 2022, then sank 601 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 25.59% in 2022, then gained by 4 bps to 26.53% in 2023, then advanced by 21 bps to 32.01% in 2024, then declined by 13 bps to 27.86% in 2025, then decreased by 8 bps to 25.65% in 2026.
  • Business Quant data shows GOOG's Return on Capital Employed at 25.65% in Q1 2026, 27.86% in Q4 2025, and 29.56% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -3.77%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 25.65%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 26.53%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn -
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 20.06%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 6.06%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 12,960.00%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 26.54%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -6.47%
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 0.23%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.65%
Dec 31, 2025 27.86%
Sep 30, 2025 29.56%
Jun 30, 2025 30.24%
Mar 31, 2025 31.66%
Dec 31, 2024 32.01%
Sep 30, 2024 30.76%
Jun 30, 2024 29.40%
Mar 31, 2024 28.17%
Dec 31, 2023 26.53%
Sep 30, 2023 25.94%
Jun 30, 2023 24.97%
Mar 31, 2023 24.17%
Dec 31, 2022 25.59%
Sep 30, 2022 27.02%
Jun 30, 2022 27.97%
Mar 31, 2022 27.81%
Dec 31, 2021 27.23%
Sep 30, 2021 25.92%
Jun 30, 2021 22.74%