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 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 20.06% | |
| 6 | 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| Date | Value |
|---|---|
| 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% |