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

$349.54+2.21(0.01%)After hours

Market Cap

$4.22T

P/E

17.3x

P/S

9.5x

P/B

6.6x

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: 76/100

Strongest: Growth (25/25); weakest: Cash & Earnings Quality (11/25).

Profitability22/25

Growth25/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality11/25

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 · 17.3x5y range 17.0x – 28.7x

Currently below its 20-quarter median.

P/S · 9.5x5y range 4.0x – 9.5x

Currently above its 20-quarter median.

P/B · 6.6x5y 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 0.5x) — earnings may be inflated by non-cash items or aggressive accounting.

Leverage Risk

Watch

Debt-to-equity has risen 135.2% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $4.22T

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $445.87B
Q. Revenue: $119.80B
TTM EBITDA: $172.87B
TTM Op. Income: $147.63B
Q. Op. Income: $40.77B
TTM Net Income: $244.21B
Q. Net Income: $112.19B
EPS: $9.23
Shares Out.: $12.15B

$445.87B in TTM revenue grew 20.1% YoY, reaching $119.80B last quarter. TTM EBITDA of $172.87B and TTM operating income of $147.63B show growth is flowing through to the bottom line. TTM net income of $244.21B 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: 40.0%
Op. Margin: 34.0%
Net Margin: 93.7%

Op. margin of 34.0% is up 1.6% YoY — cost efficiency is improving. Net margin at 93.7% Over the past year, operating margin is up 5% — a weakening trend.

Price Ratios

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

P/E Ratio: 17.3x
P/S Ratio: 9.5x
P/B Ratio: 6.6x

At 17.3x P/E, the stock trades within typical market levels. P/S of 9.5x and P/B of 6.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

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

Total Assets: $921.98B
Cash: $55.91B
Long-Term Debt: $98.17B
Book Value: $639.66B
D/E Ratio: 0.2
Debt/EBITDA: 2.1

With $921.98B in assets and $98.17B in long-term debt, D/E is 0.2and book value is $639.66B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 135% — an improving trend.

Cash Flow

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

Op. Cash Flow: $39.07B
TTM Free Cash Flow: $53.27B
FCF Margin: 11.9%
FCF / Net Income: 0.2

TTM FCF of $53.27B on $39.07B in operating cash flow. The FCF / Net Income ratio of 0.2x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.