ALPHABET INC. (GOOG) Return on equity 2016–2025
ALPHABET INC. (GOOG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
31.8%FY2025 · since FY2016: 14.0% → 31.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 31.8% | +1.0 pp |
| FY2024 | 30.8% | +4.8 pp |
| FY2023 | 26.0% | +2.6 pp |
| FY2022 | 23.4% | -6.8 pp |
| FY2021 | 30.2% | +12.1 pp |
| FY2020 | 18.1% | +1.0 pp |
| FY2019 | 17.0% | -0.3 pp |
| FY2018 | 17.3% | +9.0 pp |
| FY2017 | 8.3% | -5.7 pp |
| FY2016 | 14.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice