Alphabet (GOOGL) EV to CFO (2015 - 2026)
Alphabet's EV to CFO came in at 21.81 for Q3 2026, up 16.3% from 18.75 a year earlier but down 1.2% from the prior quarter.
Alphabet (GOOGL) EV to CFO (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Alphabet reported EV to CFO of 21.52, up 14.8% year-over-year; for FY2025, it was 22.25, up 24.7% from FY2024.
- EV to CFO has increased in each of the last three years.
- Going back by year, EV to CFO was 17.85 in FY2024 (+9.8%), 16.25 in FY2023 (+43.1%), 11.35 in FY2022 (-41.5%) and 19.41 in FY2021 (+20.7%).
- The five-year range for quarterly EV to CFO is 11.35 (Q4 2022) to 22.25 (Q4 2025).
- Year-over-year, EV to CFO has increased for five consecutive quarters, with growth averaging 12.0% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q2 2024 (growth of 45.0%), and the weakest in Q4 2022 (a decline of 41.5%).
- Business Quant data shows GOOGL's EV to CFO at 22.08 (Q2 2026), 19.23 (Q1 2026) and 22.25 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,522.13 Bn | 3,257.03 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,639.39 Bn | 1,303.91 Bn | 51.23 Bn |
| 3 | Netflix | 259.77 Bn | 221.06 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 238.46 Bn | 60.53 Bn | 15.16 Bn |
| 5 | Shopify | 188.67 Bn | 173.82 Bn | 1.78 Bn |
| 6 | Uber Technologies | 142.87 Bn | 114.08 Bn | 6.42 Bn |
| 7 | AppLovin | 131.04 Bn | 119.57 Bn | 1.94 Bn |
| 8 | Spotify Technology | 124.73 Bn | 81.65 Bn | 1.89 Bn |
| 9 | Booking Holdings | 119.44 Bn | 53.19 Bn | - |
| 10 | PDD Holdings | 113.02 Bn | -131.03 Bn | 9.48 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.01 |
| Jun 30, 2026 | 22.08 |
| Mar 31, 2026 | 19.23 |
| Dec 31, 2025 | 22.25 |
| Sep 30, 2025 | 18.75 |
| Jun 30, 2025 | 15.27 |
| Mar 31, 2025 | 13.49 |
| Dec 31, 2024 | 17.85 |
| Sep 30, 2024 | 18.51 |
| Jun 30, 2024 | 20.44 |
| Mar 31, 2024 | 16.49 |
| Dec 31, 2023 | 16.25 |
| Sep 30, 2023 | 14.34 |
| Jun 30, 2023 | 14.10 |
| Mar 31, 2023 | 13.47 |
| Dec 31, 2022 | 11.35 |
| Sep 30, 2022 | 12.16 |
| Jun 30, 2022 | 13.75 |
| Mar 31, 2022 | 17.42 |
| Dec 31, 2021 | 19.41 |
Alphabet EV to CFO 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=ev-to-cfo&ticker=GOOGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=GOOGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();