Price to Operating Profit (P/OP)
since 2005
Calculation
Alphabet Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Income from operations1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 31, 2024 | 20.92 | = | 141.80 | ÷ | 6.78 | 6.78 | = | 84,293 | ÷ | 12,433,000,000 | |
| Feb 3, 2023 | 18.01 | = | 105.22 | ÷ | 5.84 | 5.84 | = | 74,842 | ÷ | 12,807,000,000 | |
| Feb 2, 2022 | 24.86 | = | 148.04 | ÷ | 5.95 | 5.95 | = | 78,714 | ÷ | 13,219,426,420 | |
| Feb 3, 2021 | 33.85 | = | 103.50 | ÷ | 3.06 | 3.06 | = | 41,224 | ÷ | 13,482,733,300 | |
| Feb 4, 2020 | 29.05 | = | 72.35 | ÷ | 2.49 | 2.49 | = | 34,231 | ÷ | 13,745,721,800 | |
| Feb 5, 2019 | 30.27 | = | 57.30 | ÷ | 1.89 | 1.89 | = | 26,321 | ÷ | 13,903,727,920 | |
| Feb 6, 2018 | 28.74 | = | 54.03 | ÷ | 1.88 | 1.88 | = | 26,146 | ÷ | 13,905,950,600 | |
| Feb 3, 2017 | 23.36 | = | 40.07 | ÷ | 1.72 | 1.72 | = | 23,716 | ÷ | 13,828,406,540 | |
| Feb 11, 2016 | 24.29 | = | 34.16 | ÷ | 1.41 | 1.41 | = | 19,360 | ÷ | 13,766,395,340 | |
| Feb 9, 2015 | 21.78 | = | 26.39 | ÷ | 1.21 | 1.21 | = | 16,496 | ÷ | 13,612,455,640 | |
| Feb 12, 2014 | 28.56 | = | 29.67 | ÷ | 1.04 | 1.04 | = | 13,966 | ÷ | 13,442,033,240 | |
| Jan 29, 2013 | 19.47 | = | 18.84 | ÷ | 0.97 | 0.97 | = | 12,760 | ÷ | 13,186,528,480 | |
| Jan 26, 2012 | 15.73 | = | 14.20 | ÷ | 0.90 | 0.90 | = | 11,742 | ÷ | 13,005,453,200 | |
| Feb 11, 2011 | 19.34 | = | 15.61 | ÷ | 0.81 | 0.81 | = | 10,381 | ÷ | 12,860,884,200 | |
| Feb 12, 2010 | 20.40 | = | 13.33 | ÷ | 0.65 | 0.65 | = | 8,312 | ÷ | 12,719,171,640 | |
| Feb 13, 2009 | 17.00 | = | 8.94 | ÷ | 0.53 | 0.53 | = | 6,632 | ÷ | 12,611,748,280 | |
| Feb 15, 2008 | 32.64 | = | 13.24 | ÷ | 0.41 | 0.41 | = | 5,084 | ÷ | 12,535,155,520 | |
| Mar 1, 2007 | 39.28 | = | 11.21 | ÷ | 0.29 | 0.29 | = | 3,550 | ÷ | 12,438,287,920 | |
| Mar 16, 2006 | 49.92 | = | 8.47 | ÷ | 0.17 | 0.17 | = | 2,017 | ÷ | 11,889,489,000 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Alphabet Inc. Annual Report.
Comparison to Competitors
Alphabet Inc., P/OP, long-term trends, comparison to competitors
| Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | |
|---|---|---|---|---|
| Jan 31, 2024 | 20.92 | 7.93 | 25.90 | 35.50 |
| Feb 3, 2023 | 18.01 | 12.00 | 16.91 | 28.85 |
| Feb 2, 2022 | 24.86 | 10.89 | 13.84 | 27.71 |
| Feb 3, 2021 | 33.85 | 13.47 | 23.10 | 52.02 |
| Feb 4, 2020 | 29.05 | 9.51 | 24.90 | 57.82 |
| Feb 5, 2019 | 30.27 | 8.71 | 19.10 | 89.46 |
| Feb 6, 2018 | 28.74 | 10.98 | 27.76 | 147.25 |
| Feb 3, 2017 | 23.36 | 10.61 | 30.46 | 161.44 |
| Feb 11, 2016 | 24.29 | 9.07 | 49.89 | 132.15 |
| Feb 9, 2015 | 21.78 | 10.12 | 43.72 | 66.68 |
| Feb 12, 2014 | 28.56 | 10.62 | 56.90 | 105.92 |
| Jan 29, 2013 | 19.47 | 8.69 | 131.64 | 184.56 |
| Jan 26, 2012 | 15.73 | 7.53 | — | 18.26 |
| Feb 11, 2011 | 19.34 | 8.79 | — | 43.91 |
| Feb 12, 2010 | 20.40 | 6.35 | — | 18.20 |
| Feb 13, 2009 | 17.00 | 5.49 | — | 17.28 |
| Feb 15, 2008 | 32.64 | 10.88 | — | 21.19 |
| Mar 1, 2007 | 39.28 | 17.88 | — | 24.04 |
| Mar 16, 2006 | 49.92 | 15.37 | — | 472.05 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).