Alphabet (Google) stock: fundamental analysis

Stocks · GOOGL · Communication Services

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. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.

Data as of September 18, 2026 · Yahoo Finance

Quick read

Business quality

ROE of 48.7%: it earns a high return on shareholders' money. Out of every 100 in sales, 54.8 end up as profit.

Financial health

It holds more cash than debt (net debt/EBITDA of -0.7x): a very comfortable position.

Growth

Revenue is growing 24.2% year on year: a solid pace. Earnings are up 294.0%.

Valuation

It trades at a P/E of 17.5, below the 21.9 median of the communication services companies we track. A low P/E is not automatically a bargain: it can reflect risks or slower growth.

Dividend

Dividend yield of 0.3% (0.88 USD per share per year) with a payout ratio of 4.3%.

Tools

All metrics

Alphabet (Google)Sector median
Business quality
ROE48.7%39.3%
ROA13.0%13.0%
Gross margin60.9%49.1%
Operating margin34.0%33.4%
Net margin54.8%29.0%
Financial health
Net debt/EBITDA-0.7x1.2x
Debt/equity0.2x0.4x
Current ratio2.7x1.1x
Growth
Revenue growth24.2%18.8%
Earnings growth294.0%
Valuation
P/E ratio17.5x21.9x
Forward P/E23.5x18.8x
EV/EBITDA23.9x16.1x
Price/book6.9x6.5x
FCF yield0.5%2.7%
Dividend
Dividend yield0.3%0.9%
Payout ratio4.3%19.4%
Beta (volatility)1.2x1.2x

Frequently asked questions

What is Alphabet (Google)'s P/E ratio?

Alphabet (Google)'s P/E is 17.5 based on trailing 12-month earnings and 23.5 on expected earnings. The median for its sector among the companies we track is 21.9. Data as of September 18, 2026.

What dividend does Alphabet (Google) pay?

Dividend yield of 0.3% (0.88 USD per share per year) with a payout ratio of 4.3%.

Is Alphabet (Google) stock expensive?

It trades at a P/E of 17.5, below the 21.9 median of the communication services companies we track. A low P/E is not automatically a bargain: it can reflect risks or slower growth. This is an educational reading based on ratios, not a buy or sell recommendation.

Does Alphabet (Google) have a lot of debt?

It holds more cash than debt (net debt/EBITDA of -0.7x): a very comfortable position.

What is Alphabet (Google)'s market cap?

Alphabet (Google) has a market cap of 4.3T USD and its shares trade at 349.54 USD, with a 52-week range of 235.84 USD to 408.61 USD (data as of September 18, 2026).

Other companies in the sector

Trailing 12-month metrics. Educational content, not investment advice.