Alphabet Inc. (GOOG) Return on Capital Employed [ROCE] (2015 - 2026)
Alphabet (GOOG) posted Return on Capital Employed [ROCE] of 21.49% for Q2 2026, down 8.74 percentage points from 30.24% a year earlier and down 4.16 percentage points from the prior quarter.
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Alphabet Inc. (GOOG) Return on Capital Employed [ROCE] (2015 - 2026) Analysis & Trends
For FY2025, Alphabet's Return on Capital Employed [ROCE] came in at 30.72%, down 2.61 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +13.61 percentage points (FY2020 to FY2025).
- In prior years, Alphabet's Return on Capital Employed [ROCE] was 33.33% in FY2024 (+5.42 pp), 27.91% in FY2023 (+2.36 pp), 25.55% in FY2022 (-3.06 pp) and 28.60% in FY2021 (+11.49 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since Q1 2021.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last four quarters, with an average year-over-year change of -0.68 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q3 2021, with a gain of 11.45 percentage points; the weakest was Q2 2026, with a drop of 8.74 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 25.65% (Q1 2026), 27.86% (Q4 2025) and 29.56% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.49% |
| 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% |
API Access
Alphabet Inc. Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=GOOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "GOOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=GOOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();