Alphabet (GOOG) Return on Invested Capital (2016 - 2025)
Alphabet (GOOG) has disclosed Return on Invested Capital for 10 consecutive years, with 0.29% as the latest value for Q3 2024.
- On a quarterly basis, Return on Invested Capital rose 4.0% to 0.29% in Q3 2024 year-over-year; TTM through Sep 2024 was 0.29%, a 4.0% increase, with the full-year FY2023 number at 0.26%, up 2.0% from a year prior.
- Return on Invested Capital was 0.29% for Q3 2024 at Alphabet, up from 0.29% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.29% in Q3 2024 to a low of 0.13% in Q2 2020.
- A 5-year average of 0.23% and a median of 0.24% in 2023 define the central range for Return on Invested Capital.
- Peak YoY movement for Return on Invested Capital: increased 10bps in 2021, then decreased -5bps in 2023.
- Alphabet's Return on Invested Capital stood at 0.14% in 2020, then surged by 65bps to 0.23% in 2021, then rose by 20bps to 0.28% in 2022, then decreased by -8bps to 0.25% in 2023, then rose by 13bps to 0.29% in 2024.
- Per Business Quant, the three most recent readings for GOOG's Return on Invested Capital are 0.29% (Q3 2024), 0.29% (Q2 2024), and 0.27% (Q1 2024).