Alphabet (GOOGL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Alphabet

NasdaqGS•Communication Services•Internet Content & Information

$280.03+1.04(<0.01%)After hours

Market Cap

$3.42T

P/E

14.5x

P/S

7.3x

P/B

5.1x

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in Google Play and YouTube; and devices, as well as the provision of YouTube consumer subscription services, such as YouTube TV, YouTube Music and Premium, NFL Sunday Ticket, and Google One. The Google Cloud segment offers consumption-based fees and subscriptions for AI solutions, including AI infrastructure, Vertex AI platform, and Gemini enterprise. It also provides cybersecurity, and data and analytics services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet; and other enterprise services. The Other Bets segment sells transportation and internet services. Alphabet Inc. was incorporated in 1998 and is headquartered in Mountain View, California.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Growth (24/25); weakest: Cash & Earnings Quality (8/25).

Profitability22/25

Growth24/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality8/25

Strengths

Growing revenueStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.5x5y range 14.5x – 28.7x

Currently below its 20-quarter median.

P/S · 7.3x5y range 4.0x – 9.6x

Currently near its 20-quarter median.

P/B · 5.1x5y range 4.5x – 9.1x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.4x) — earnings may be inflated by non-cash items or aggressive accounting.

Leverage Risk

Watch

Debt-to-equity has risen 230.3% recently — increasing financial risk even if the current ratio is manageable.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $3.42T

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $471.10B
Q. Revenue: $127.58B
TTM EBITDA: $184.97B
TTM Op. Income: $156.98B
Q. Op. Income: $40.58B
TTM Net Income: $235.69B
Q. Net Income: $26.47B
EPS: $2.14
Shares Out.: $12.26B

$471.10B in TTM revenue grew 22.2% YoY, reaching $127.58B last quarter. TTM EBITDA of $184.97B and TTM operating income of $156.98B show growth is flowing through to the bottom line. TTM net income of $235.69B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 38.4%
Op. Margin: 31.8%
Net Margin: 20.7%

Op. margin of 31.8% is up 1.3% YoY — cost efficiency is improving. Net margin at 20.7% Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 14.5x
P/S Ratio: 7.3x
P/B Ratio: 5.1x

At 14.5x P/E, the stock trades below typical market levels. P/S of 7.3x and P/B of 5.1x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.00T
Cash: $56.33B
Long-Term Debt: $125.10B
Book Value: $676.72B
D/E Ratio: 0.2
Debt/EBITDA: 2.6

With $1.00T in assets and $125.10B in long-term debt, D/E is 0.2and book value is $676.72B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 230% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $42.29B
TTM Free Cash Flow: $19.75B
FCF Margin: 4.2%
FCF / Net Income: 0.1

TTM FCF of $19.75B on $42.29B in operating cash flow. The FCF / Net Income ratio of 0.1x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.