Alphabet (GOOGM) Return on Invested Capital [ROIC] (2015 - 2026)
Alphabet (GOOGM) recorded Return on Invested Capital [ROIC] of 18.61% in Q2 2026, down 8.44 percentage points from 27.05% a year earlier and down 3.75 percentage points from the prior quarter.
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Analysis
Alphabet (GOOGM) Return on Invested Capital [ROIC] (2015 - 2026) Analysis & Trends
For FY2025, Alphabet reported Return on Invested Capital [ROIC] of 26.92%, down 2.84 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +11.31 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 29.76% in FY2024 (+4.12 pp), 25.64% in FY2023 (+2.22 pp), 23.42% in FY2022 (-2.81 pp) and 26.23% in FY2021 (+10.62 pp).
- The Q2 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q1 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for five consecutive quarters, with an average year-over-year change of -1.38 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 10.21 percentage points in Q4 2021, against a drop of 8.44 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.36% (Q1 2026), 24.68% (Q4 2025) and 25.52% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.69% |
| Jun 30, 2026 | 18.61% |
| Mar 31, 2026 | 22.36% |
| Dec 31, 2025 | 24.68% |
| Sep 30, 2025 | 25.52% |
| Jun 30, 2025 | 27.05% |
| Mar 31, 2025 | 28.28% |
| Dec 31, 2024 | 28.36% |
| Sep 30, 2024 | 27.63% |
| Jun 30, 2024 | 27.29% |
| Mar 31, 2024 | 26.41% |
| Dec 31, 2023 | 24.93% |
| Sep 30, 2023 | 23.60% |
| Jun 30, 2023 | 22.26% |
| Mar 31, 2023 | 21.96% |
| Dec 31, 2022 | 23.34% |
| Sep 30, 2022 | 24.88% |
| Jun 30, 2022 | 25.80% |
| Mar 31, 2022 | 25.96% |
| Dec 31, 2021 | 25.11% |
API Access
Alphabet Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=GOOGM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "GOOGM", "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-invested-capital-%5Broic%5D&ticker=GOOGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();