Return on Equity (ROE)
since 2005
Calculation
Alphabet Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 26.04% | = | 100 | × | 73,795) | ÷ | 283,379) |
| Dec 31, 2022 | 23.41% | = | 100 | × | 59,972) | ÷ | 256,144) |
| Dec 31, 2021 | 30.22% | = | 100 | × | 76,033) | ÷ | 251,635) |
| Dec 31, 2020 | 18.09% | = | 100 | × | 40,269) | ÷ | 222,544) |
| Dec 31, 2019 | 17.05% | = | 100 | × | 34,343) | ÷ | 201,442) |
| Dec 31, 2018 | 17.30% | = | 100 | × | 30,736) | ÷ | 177,628) |
| Dec 31, 2017 | 8.30% | = | 100 | × | 12,662) | ÷ | 152,502) |
| Dec 31, 2016 | 14.01% | = | 100 | × | 19,478) | ÷ | 139,036) |
| Dec 31, 2015 | 13.59% | = | 100 | × | 16,348) | ÷ | 120,331) |
| Dec 31, 2014 | 13.82% | = | 100 | × | 14,444) | ÷ | 104,500) |
| Dec 31, 2013 | 14.80% | = | 100 | × | 12,920) | ÷ | 87,309) |
| Dec 31, 2012 | 14.97% | = | 100 | × | 10,737) | ÷ | 71,715) |
| Dec 31, 2011 | 16.75% | = | 100 | × | 9,737) | ÷ | 58,145) |
| Dec 31, 2010 | 18.39% | = | 100 | × | 8,505) | ÷ | 46,241) |
| Dec 31, 2009 | 18.11% | = | 100 | × | 6,520) | ÷ | 36,004) |
| Dec 31, 2008 | 14.97% | = | 100 | × | 4,227) | ÷ | 28,239) |
| Dec 31, 2007 | 18.53% | = | 100 | × | 4,204) | ÷ | 22,690) |
| Dec 31, 2006 | 18.06% | = | 100 | × | 3,077) | ÷ | 17,040) |
| Dec 31, 2005 | 15.56% | = | 100 | × | 1,465) | ÷ | 9,419) |
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., ROE, long-term trends, comparison to competitors
| Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 26.04% | 18.61% | 25.53% | 26.27% | 2.37% |
| Dec 31, 2022 | 23.41% | 6.63% | 18.45% | 21.62% | 3.31% |
| Dec 31, 2021 | 30.22% | 14.73% | 31.53% | 32.28% | 2.25% |
| Dec 31, 2020 | 18.09% | 11.66% | 22.72% | 24.96% | -3.43% |
| Dec 31, 2019 | 17.05% | 15.78% | 18.29% | 24.62% | 12.44% |
| Dec 31, 2018 | 17.30% | 16.38% | 26.28% | 23.12% | 25.83% |
| Dec 31, 2017 | 8.30% | 33.11% | 21.43% | 15.60% | 21.74% |
| Dec 31, 2016 | 14.01% | 16.12% | 17.26% | 6.97% | 21.71% |
| Dec 31, 2015 | 13.59% | 15.62% | 8.34% | 5.52% | 18.83% |
| Dec 31, 2014 | 13.82% | 15.90% | 8.14% | 14.36% | 16.68% |
| Dec 31, 2013 | 14.80% | 13.45% | 9.70% | 8.43% | 13.51% |
| Dec 31, 2012 | 14.97% | 12.57% | 0.45% | 2.30% | 14.29% |
| Dec 31, 2011 | 16.75% | 8.80% | — | 35.18% | 12.86% |
| Dec 31, 2010 | 18.39% | 8.20% | — | 55.44% | 10.56% |
| Dec 31, 2009 | 18.11% | 8.52% | — | 58.18% | 9.80% |
| Dec 31, 2008 | 14.97% | 6.30% | — | 23.92% | 13.70% |
| Dec 31, 2007 | 18.53% | 6.26% | — | 15.54% | 15.24% |
| Dec 31, 2006 | 18.06% | 6.15% | — | 11.85% | 10.60% |
| Dec 31, 2005 | 15.56% | 2.31% | — | 18.58% | 9.66% |
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., ROE, long-term trends, comparison to sector (media & entertainment)
| Alphabet Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2023 | 26.04% | 21.29% |
| Dec 31, 2022 | 23.41% | 16.62% |
| Dec 31, 2021 | 30.22% | 23.69% |
| Dec 31, 2020 | 18.09% | 14.90% |
| Dec 31, 2019 | 17.05% | 16.36% |
| Dec 31, 2018 | 17.30% | 20.24% |
| Dec 31, 2017 | 8.30% | 17.88% |
| Dec 31, 2016 | 14.01% | 16.09% |
| Dec 31, 2015 | 13.59% | 13.93% |
| Dec 31, 2014 | 13.82% | 13.96% |
| Dec 31, 2013 | 14.80% | 13.73% |
| Dec 31, 2012 | 14.97% | 13.09% |
| Dec 31, 2011 | 16.75% | 13.20% |
| Dec 31, 2010 | 18.39% | 12.67% |
| Dec 31, 2009 | 18.11% | 12.06% |
| Dec 31, 2008 | 14.97% | 11.13% |
| Dec 31, 2007 | 18.53% | 12.13% |
| Dec 31, 2006 | 18.06% | 9.99% |
| Dec 31, 2005 | 15.56% | 6.53% |
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., ROE, long-term trends, comparison to industry (communication services)
| Alphabet Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 26.04% | 18.94% |
| Dec 31, 2022 | 23.41% | 13.32% |
| Dec 31, 2021 | 30.22% | 20.34% |
| Dec 31, 2020 | 18.09% | 11.50% |
| Dec 31, 2019 | 17.05% | 15.27% |
| Dec 31, 2018 | 17.30% | 17.89% |
| Dec 31, 2017 | 8.30% | 22.85% |
| Dec 31, 2016 | 14.01% | 16.35% |
| Dec 31, 2015 | 13.59% | 16.38% |
| Dec 31, 2014 | 13.82% | 14.00% |
| Dec 31, 2013 | 14.80% | 16.63% |
| Dec 31, 2012 | 14.97% | 10.32% |
| Dec 31, 2011 | 16.75% | 8.87% |
| Dec 31, 2010 | 18.39% | 13.88% |
| Dec 31, 2009 | 18.11% | 11.62% |
| Dec 31, 2008 | 14.97% | 12.77% |
| Dec 31, 2007 | 18.53% | 11.11% |
| Dec 31, 2006 | 18.06% | 8.87% |
| Dec 31, 2005 | 15.56% | 10.06% |
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).