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Alphabet Inc
NASDAQ:GOOGL

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Alphabet Inc Logo
Alphabet Inc
NASDAQ:GOOGL
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Price: 154.09 USD -1.23% Market Closed
Updated: Apr 20, 2024

ROA
Return on Assets

19.2%
Current
19%
Average
-0.9%
Industry
Positive for the last year
19.2%
Positive average
19%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
19.2%
=
Net Income
73.8B
/
Total Assets
385.9B

ROA Across Competitors

ROA Comparison
Alphabet Inc Competitors

Country US
Market Cap 1.9T USD
ROA
19%
Country US
Market Cap 1.2T USD
ROA
19%
Country CN
Market Cap 2.9T HKD
ROA
7%
Country CN
Market Cap 33.3B USD
ROA
5%
Country JP
Market Cap 29.7B EUR
ROA
1%
Country CN
Market Cap 192.3B HKD
ROA
7%
Country US
Market Cap 22B USD
ROA
-1%
Country KR
Market Cap 27.5T KRW
ROA
3%
Country US
Market Cap 18.4B USD
ROA
-17%
Country JP
Market Cap 2.6T JPY
ROA
1%
Country KR
Market Cap 21.3T KRW
ROA
-4%

Profitability Report

View the profitability report to see the full profitability analysis for Alphabet Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
19.2%
=
Net Income
73.8B
/
Total Assets
385.9B
What is the ROA of Alphabet Inc?

Based on Alphabet Inc's most recent financial statements, the company has ROA of 19.2%.