Alphabet (GOOGL) Debt Ratio (2014 - 2026)
Alphabet's Debt Ratio was 0.11 in Q2 2026, up 126.4% from 0.05 a year earlier but down 3.3% from the prior quarter.
Analysis
Alphabet (GOOGL) Debt Ratio (2014 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Alphabet came in at 0.08, up 223.5% from FY2024.
- In earlier years, Debt Ratio was 0.02 in FY2024 (-18.1%), 0.03 in FY2023 (-26.7%), 0.04 in FY2022 (-2.4%) and 0.04 in FY2021 (-5.4%).
- Quarterly Debt Ratio has moved between 0.02 (Q1 2025) and 0.11 (Q1 2026) over five years.
- Compared with a year earlier, Debt Ratio has increased for five straight quarters, with growth averaging 94.2% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q1 2026 (growth of 380.8%); the worst was Q1 2025 (a decline of 29.5%).
- Per Business Quant data, GOOGL's Debt Ratio in the three quarters before Q2 2026 was 0.11 (Q1 2026), 0.08 (Q4 2025) and 0.04 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,624.96 Bn | 3,359.86 Bn | 76.16 Bn | 0.12 |
| 2 | Meta Platforms | 1,640.16 Bn | 1,304.68 Bn | 51.23 Bn | 0.17 |
| 3 | Netflix | 255.21 Bn | 216.51 Bn | 6.80 Bn | 0.26 |
| 4 | Alibaba Group Holding | 219.23 Bn | 41.30 Bn | 15.16 Bn | 0.07 |
| 5 | Shopify | 189.29 Bn | 174.44 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 142.08 Bn | 113.28 Bn | 6.42 Bn | 0.22 |
| 7 | AppLovin | 135.54 Bn | 124.07 Bn | 1.94 Bn | 0.41 |
| 8 | Spotify Technology | 126.14 Bn | 83.06 Bn | 1.89 Bn | 0.00 |
| 9 | Booking Holdings | 119.69 Bn | 53.43 Bn | - | 0.71 |
| 10 | PDD Holdings | 112.41 Bn | -131.65 Bn | 9.48 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.12 |
| Jun 30, 2026 | 0.11 |
| Mar 31, 2026 | 0.11 |
| Dec 31, 2025 | 0.08 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.02 |
| Dec 31, 2024 | 0.02 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.04 |
API Access
Alphabet Debt 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=debt-ratio&ticker=GOOGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=GOOGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();