Alphabet (GOOGL) Return on Equity [ROE] (2015 - 2026)
Alphabet's Return on Equity [ROE] came in at 35.76% for Q3 2026, up 2.62 percentage points from 33.14% a year earlier but down 7.87 percentage points from the prior quarter.
Powered by 
Analysis
Alphabet (GOOGL) Return on Equity [ROE] (2015 - 2026) Analysis & Trends
For FY2025, Alphabet's Return on Equity [ROE] was 35.70%, up 2.80 percentage points from FY2024.
- Return on Equity [ROE] has increased in each of the last three years, with a five-year change of +16.71 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 32.91% in FY2024 (+5.55 pp), 27.36% in FY2023 (+3.73 pp), 23.62% in FY2022 (-8.45 pp) and 32.07% in FY2021 (+13.07 pp).
- The five-year range for quarterly Return on Equity [ROE] is 22.66% (Q1 2023) to 43.64% (Q2 2026).
- Year-over-year, Return on Equity [ROE] has increased for 12 consecutive quarters, with an average year-over-year change of +4.11 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2021 (a gain of 12.15 percentage points), and the weakest in Q4 2022 (a drop of 7.12 percentage points).
- Business Quant data shows GOOGL's Return on Equity [ROE] at 43.64% (Q2 2026), 35.84% (Q1 2026) and 32.95% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 35.76% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 28.20% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 49.69% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 6.20% |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 16.72% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 12.62% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 155.17% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 35.30% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | 21.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.76% |
| Jun 30, 2026 | 43.64% |
| Mar 31, 2026 | 35.84% |
| Dec 31, 2025 | 32.95% |
| Sep 30, 2025 | 33.14% |
| Jun 30, 2025 | 32.64% |
| Mar 31, 2025 | 33.12% |
| Dec 31, 2024 | 31.33% |
| Sep 30, 2024 | 30.66% |
| Jun 30, 2024 | 29.53% |
| Mar 31, 2024 | 28.60% |
| Dec 31, 2023 | 26.52% |
| Sep 30, 2023 | 24.70% |
| Jun 30, 2023 | 23.09% |
| Mar 31, 2023 | 22.66% |
| Dec 31, 2022 | 23.53% |
| Sep 30, 2022 | 26.32% |
| Jun 30, 2022 | 28.27% |
| Mar 31, 2022 | 29.48% |
| Dec 31, 2021 | 30.65% |
API Access
Alphabet Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=GOOGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=GOOGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();