Alphabet GOOGL
NASDAQ GOOGL
$348.40 +7.48 (+2.19%)
As of: Sep 30, 2026 · 3:43 PM EDT

Alphabet (GOOGL) EV to EBITDA (2015 - 2026)

Updated

Alphabet's (GOOGL) EV to EBITDA came in at 23.72 for Q2 2026, up 61.6% from 14.68 a year earlier and up 14.1% from the prior quarter.

Analysis

Alphabet (GOOGL) EV to EBITDA (2015 - 2026) Analysis & Trends

For FY2025, Alphabet's EV to EBITDA stood at 24.41, up 39.4% from FY2024.

  • Annual EV to EBITDA has increased for three consecutive years.
  • In prior years, Alphabet's EV to EBITDA was 17.51 in FY2024 (+1.9%), 17.18 in FY2023 (+50.1%), 11.44 in FY2022 (-41.3%) and 19.51 in FY2021 (+2.4%).
  • Quarterly EV to EBITDA has run from a low of 11.44 in Q4 2022 to a high of 24.41 in Q4 2025 over five years.
  • On a year-over-year basis, EV to EBITDA has increased in each of the last four quarters, with growth averaging 17.3% over the last eight quarters.
  • The strongest year-over-year quarter for EV to EBITDA in the past five years was Q2 2026, with growth of 61.6%; the weakest was Q4 2022, with a decline of 41.3%.
  • According to Business Quant data, EV to EBITDA for the three prior quarters was 20.79 (Q1 2026), 24.41 (Q4 2025) and 19.81 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,142.52 Bn 3,900.05 Bn 73.85 Bn
2 Meta Platforms 1,882.44 Bn 1,584.96 Bn 49.47 Bn
3 Netflix 292.72 Bn 252.92 Bn 6.52 Bn
4 Alibaba Group Holding 250.25 Bn 68.12 Bn 15.11 Bn
5 Shopify 192.03 Bn 169.21 Bn 1.71 Bn
6 Uber Technologies 141.56 Bn 113.53 Bn 6.38 Bn
7 Booking Holdings 121.98 Bn 55.03 Bn -
8 PDD Holdings 110.31 Bn -141.62 Bn 9.45 Bn
9 AppLovin 102.49 Bn 92.52 Bn 1.70 Bn
10 Spotify Technology 101.54 Bn 58.77 Bn 1.86 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.72
Mar 31, 2026 20.79
Dec 31, 2025 24.41
Sep 30, 2025 19.81
Jun 30, 2025 14.68
Mar 31, 2025 13.36
Dec 31, 2024 17.51
Sep 30, 2024 16.27
Jun 30, 2024 19.14
Mar 31, 2024 16.61
Dec 31, 2023 16.87
Sep 30, 2023 16.35
Jun 30, 2023 15.64
Mar 31, 2023 13.84
Dec 31, 2022 11.44
Sep 30, 2022 12.04
Jun 30, 2022 13.48
Mar 31, 2022 17.72
Dec 31, 2021 19.51
Sep 30, 2021 19.19
API Access

Alphabet EV to EBITDA 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-ebitda&ticker=GOOGL&period=max&api_key=YOUR_API_KEY