Alphabet (GOOGL) Return on Capital Employed (2015 - 2026)

Alphabet has disclosed Return on Capital Employed across 12 years of filings, most recently posting 25.65% for Q1 2026.

• In Q1 2026, Return on Capital Employed fell 601.0% year-over-year to 25.65%; the TTM figure through Mar 2026 stood at 25.65% (down 601.0% YoY), while the FY2025 annual figure was 30.72%, down 261.0% from the prior year.
• Return on Capital Employed fell to 25.65% in Q1 2026, from 27.86% in the prior quarter.
• Over the last five years, Return on Capital Employed for GOOGL reached as high as 32.01% in Q4 2024 and fell as low as 24.17% in Q1 2023.
• The 5-year median for Return on Capital Employed is 27.86% (2025), against an average of 27.96%.
• Annual changes were most pronounced in 2022 — Return on Capital Employed surged 926 bps — and 2026, when it tumbled 601 bps.
• A 5-year view of Return on Capital Employed shows it stood at 25.59% in 2022, then gained by 4 bps to 26.53% in 2023, then advanced by 21 bps to 32.01% in 2024, then declined by 13 bps to 27.86% in 2025, then decreased by 8 bps to 25.65% in 2026.
• According to Business Quant data, Return on Capital Employed over the past three periods registered 25.65%, 27.86%, and 29.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.