Alphabet (GOOGL) Asset Utilization Ratio (2015 - 2026)
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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "GOOGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GOOGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();