Alphabet GOOGL
NASDAQ GOOGL
$343.50 +5.26 (+1.56%)
At close: Oct 2, 2026 · 4:00 PM EDT

Alphabet (GOOGL) Asset Utilization Ratio (2015 - 2026)

Updated

Alphabet's Asset Utilization Ratio came in at 0.55 for Q2 2026, down 27.8% from 0.76 a year earlier and down 15.7% from the prior quarter.

Analysis

Alphabet (GOOGL) Asset Utilization Ratio (2015 - 2026) Analysis & Trends

For FY2025, Alphabet's Asset Utilization Ratio was 0.77, down 6.1% from FY2024.

  • Going back by year, Asset Utilization Ratio was 0.82 in FY2024 (+2.5%), 0.80 in FY2023 (+2.6%), 0.78 in FY2022 (+2.9%) and 0.76 in FY2021 (+23.8%).
  • The Q2 2026 figure represents the lowest quarterly Asset Utilization Ratio since Q3 2016.
  • Year-over-year, Asset Utilization Ratio has declined for six consecutive quarters, with an average decline of 7.4% over the last eight quarters.
  • The fastest year-over-year change in Asset Utilization Ratio over five years came in Q1 2022 (growth of 24.1%), and the weakest in Q2 2026 (a decline of 27.8%).
  • Business Quant data shows GOOGL's Asset Utilization Ratio at 0.65 (Q1 2026), 0.71 (Q4 2025) and 0.74 (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Alphabet 4,173.87 Bn 3,931.39 Bn 73.85 Bn 0.55
2 Meta Platforms 1,849.67 Bn 1,552.19 Bn 49.47 Bn 0.54
3 Netflix 279.23 Bn 239.43 Bn 6.52 Bn 0.81
4 Alibaba Group Holding 245.86 Bn 63.73 Bn 15.11 Bn 0.53
5 Shopify 196.08 Bn 173.27 Bn 1.71 Bn 0.93
6 Uber Technologies 138.90 Bn 110.88 Bn 6.38 Bn 0.88
7 Booking Holdings 119.48 Bn 52.53 Bn - 0.98
8 PDD Holdings 107.30 Bn -144.64 Bn 9.45 Bn 0.68
9 Spotify Technology 97.33 Bn 54.56 Bn 1.86 Bn 1.35
10 Airbnb 95.83 Bn 49.06 Bn 2.98 Bn 0.47
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.55
Mar 31, 2026 0.65
Dec 31, 2025 0.71
Sep 30, 2025 0.74
Jun 30, 2025 0.76
Mar 31, 2025 0.78
Dec 31, 2024 0.80
Sep 30, 2024 0.80
Jun 30, 2024 0.80
Mar 31, 2024 0.79
Dec 31, 2023 0.77
Sep 30, 2023 0.76
Jun 30, 2023 0.77
Mar 31, 2023 0.77
Dec 31, 2022 0.78
Sep 30, 2022 0.79
Jun 30, 2022 0.78
Mar 31, 2022 0.75
Dec 31, 2021 0.73
Sep 30, 2021 0.70
API Access

Alphabet Asset Utilization Ratio 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=asset-utilization-ratio&ticker=GOOGL&period=max&api_key=YOUR_API_KEY