Return on Assets (ROA)
since 2005
Calculation
Alphabet Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 18.34% | = | 100 | × | 73,795) | ÷ | 402,392) |
| Dec 31, 2022 | 16.42% | = | 100 | × | 59,972) | ÷ | 365,264) |
| Dec 31, 2021 | 21.16% | = | 100 | × | 76,033) | ÷ | 359,268) |
| Dec 31, 2020 | 12.60% | = | 100 | × | 40,269) | ÷ | 319,616) |
| Dec 31, 2019 | 12.45% | = | 100 | × | 34,343) | ÷ | 275,909) |
| Dec 31, 2018 | 13.20% | = | 100 | × | 30,736) | ÷ | 232,792) |
| Dec 31, 2017 | 6.42% | = | 100 | × | 12,662) | ÷ | 197,295) |
| Dec 31, 2016 | 11.63% | = | 100 | × | 19,478) | ÷ | 167,497) |
| Dec 31, 2015 | 11.09% | = | 100 | × | 16,348) | ÷ | 147,461) |
| Dec 31, 2014 | 11.01% | = | 100 | × | 14,444) | ÷ | 131,133) |
| Dec 31, 2013 | 11.65% | = | 100 | × | 12,920) | ÷ | 110,920) |
| Dec 31, 2012 | 11.45% | = | 100 | × | 10,737) | ÷ | 93,798) |
| Dec 31, 2011 | 13.42% | = | 100 | × | 9,737) | ÷ | 72,574) |
| Dec 31, 2010 | 14.70% | = | 100 | × | 8,505) | ÷ | 57,851) |
| Dec 31, 2009 | 16.10% | = | 100 | × | 6,520) | ÷ | 40,497) |
| Dec 31, 2008 | 13.31% | = | 100 | × | 4,227) | ÷ | 31,768) |
| Dec 31, 2007 | 16.59% | = | 100 | × | 4,204) | ÷ | 25,336) |
| Dec 31, 2006 | 16.66% | = | 100 | × | 3,077) | ÷ | 18,473) |
| Dec 31, 2005 | 14.27% | = | 100 | × | 1,465) | ÷ | 10,272) |
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$ in millions
Comparison to Competitors
Alphabet Inc., ROA, long-term trends, comparison to competitors
| Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 18.34% | 5.81% | 17.03% | 11.10% | 1.15% |
| Dec 31, 2022 | 16.42% | 2.09% | 12.49% | 9.24% | 1.54% |
| Dec 31, 2021 | 21.16% | 5.13% | 23.72% | 11.48% | 0.98% |
| Dec 31, 2020 | 12.60% | 3.85% | 18.29% | 7.03% | -1.42% |
| Dec 31, 2019 | 12.45% | 4.96% | 13.86% | 5.49% | 5.70% |
| Dec 31, 2018 | 13.20% | 4.66% | 22.72% | 4.66% | 12.78% |
| Dec 31, 2017 | 6.42% | 12.15% | 18.85% | 2.94% | 9.37% |
| Dec 31, 2016 | 11.63% | 4.82% | 15.73% | 1.37% | 10.20% |
| Dec 31, 2015 | 11.09% | 4.90% | 7.46% | 1.20% | 9.51% |
| Dec 31, 2014 | 11.01% | 5.26% | 7.32% | 3.78% | 8.91% |
| Dec 31, 2013 | 11.65% | 4.29% | 8.38% | 2.08% | 7.55% |
| Dec 31, 2012 | 11.45% | 3.76% | 0.35% | 0.43% | 7.59% |
| Dec 31, 2011 | 13.42% | 2.64% | — | 7.37% | 6.66% |
| Dec 31, 2010 | 14.70% | 3.07% | — | 16.38% | 5.73% |
| Dec 31, 2009 | 16.10% | 3.23% | — | 17.04% | 5.24% |
| Dec 31, 2008 | 13.31% | 2.25% | — | 13.44% | 7.08% |
| Dec 31, 2007 | 16.59% | 2.28% | — | 10.35% | 7.69% |
| Dec 31, 2006 | 16.66% | 2.29% | — | 8.06% | 5.62% |
| Dec 31, 2005 | 14.27% | 0.90% | — | 11.52% | 4.77% |
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).
Comparison to Sector (Media & Entertainment)
Alphabet Inc., ROA, long-term trends, comparison to sector (media & entertainment)
| Alphabet Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2023 | 18.34% | 11.82% |
| Dec 31, 2022 | 16.42% | 9.07% |
| Dec 31, 2021 | 21.16% | 13.02% |
| Dec 31, 2020 | 12.60% | 8.04% |
| Dec 31, 2019 | 12.45% | 8.75% |
| Dec 31, 2018 | 13.20% | 11.10% |
| Dec 31, 2017 | 6.42% | 10.43% |
| Dec 31, 2016 | 11.63% | 9.25% |
| Dec 31, 2015 | 11.09% | 7.95% |
| Dec 31, 2014 | 11.01% | 7.95% |
| Dec 31, 2013 | 11.65% | 7.34% |
| Dec 31, 2012 | 11.45% | 6.43% |
| Dec 31, 2011 | 13.42% | 6.19% |
| Dec 31, 2010 | 14.70% | 6.60% |
| Dec 31, 2009 | 16.10% | 6.26% |
| Dec 31, 2008 | 13.31% | 5.43% |
| Dec 31, 2007 | 16.59% | 5.76% |
| Dec 31, 2006 | 16.66% | 4.77% |
| Dec 31, 2005 | 14.27% | 2.98% |
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).
Comparison to Industry (Communication Services)
Alphabet Inc., ROA, long-term trends, comparison to industry (communication services)
| Alphabet Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 18.34% | 7.94% |
| Dec 31, 2022 | 16.42% | 5.43% |
| Dec 31, 2021 | 21.16% | 8.36% |
| Dec 31, 2020 | 12.60% | 4.69% |
| Dec 31, 2019 | 12.45% | 6.30% |
| Dec 31, 2018 | 13.20% | 7.37% |
| Dec 31, 2017 | 6.42% | 9.22% |
| Dec 31, 2016 | 11.63% | 6.13% |
| Dec 31, 2015 | 11.09% | 5.86% |
| Dec 31, 2014 | 11.01% | 4.94% |
| Dec 31, 2013 | 11.65% | 5.87% |
| Dec 31, 2012 | 11.45% | 3.63% |
| Dec 31, 2011 | 13.42% | 3.13% |
| Dec 31, 2010 | 14.70% | 5.26% |
| Dec 31, 2009 | 16.10% | 4.17% |
| Dec 31, 2008 | 13.31% | 4.53% |
| Dec 31, 2007 | 16.59% | 4.38% |
| Dec 31, 2006 | 16.66% | 3.48% |
| Dec 31, 2005 | 14.27% | 3.57% |
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).