Alphabet (GOOG) stock
Communication Services · Interactive Media & Services
Alphabet (GOOG) is an Interactive Media & Services company in the Communication Services sector, headquartered in Mountain View, California. As of October 23, 2026, GOOG closed at $317.28, a market capitalization of $3.88 trillion, the 5th largest company in the S&P 500. Over the last twelve months it generated $445.87 billion in revenue (+24% year over year) and $53.27 billion in free cash flow. The stock trades at 15.9x trailing earnings and 20.7x forward earnings.
- 1-year total return: +25.4% (dividends reinvested)
- 5-year return: +18.2% a year
- 52-week range: $264.94 – $404.47
- Gross margin 60.9%, operating margin 34.0%
- Dividend yield: 0.28%, 1 straight years of increases
- FI Handbook report card: B+ across 10 metrics
- 2nd largest of 22 Communication Services stocks in the S&P 500
GOOG price chart
1Y price change: +25.0% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| GOOG | -5.3% | +1.3% | +25.4% | +32.4% | +18.2% | +23.1% | +24.5% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2004.
GOOG key statistics
- Market cap
- $3.9T
- #5 in S&P 500
- P/E (TTM)
- 15.9x
- Forward P/E
- 20.7x
- EPS (TTM)
- $19.93
- Revenue (TTM)
- $445.9B
- +24%
- Free cash flow
- $53.3B
- Gross margin
- 60.9%
- Operating margin
- 34.0%
- Return on equity
- 48.7%
- Dividend yield
- 0.28%
- 52-week range
- $264.94 – $404.47
- Beta
- 1.21
- Price / sales
- 8.7x
- EV / EBITDA
- 21.8x
- Debt / equity
- 0.19x
- Employees
- 198,933
GOOG report card
B+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth24.2%A
- Gross margin60.9%A
- Operating margin34.0%A
- FCF margin11.9%C
- Return on equity48.7%A
- Net debt / EBITDA-0.7xA
- Forward P/E20.7xC
- PEG ratio1.1xB
- Shareholder yield1.5%D
- Share count change / yr-2.4%A
Alphabet financials
Revenue went from $90.3B in fiscal 2016 to $402.8B in fiscal 2025, growing 18.1% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.3B | $110.9B | $136.8B | $161.9B | $182.5B | $257.6B | $282.8B | $307.4B | $350.0B | $402.8B |
| Gross profit | $55.1B | $65.3B | $77.3B | $90.0B | $97.8B | $146.7B | $156.6B | $174.1B | $203.7B | $240.3B |
| Operating income | $23.7B | $26.2B | $27.5B | $34.2B | $41.2B | $78.7B | $74.8B | $84.3B | $112.4B | $129.0B |
| Net income | $19.5B | $12.7B | $30.7B | $34.3B | $40.3B | $76.0B | $60.0B | $73.8B | $100.1B | $132.2B |
| EPS (diluted) | $1.39 | $0.90 | $2.19 | $2.46 | $2.93 | $5.61 | $4.56 | $5.80 | $8.04 | $10.81 |
| Free cash flow | $25.8B | $23.9B | $22.8B | $31.0B | $42.8B | $67.0B | $60.0B | $69.5B | $72.8B | $73.3B |
| Buybacks | $3.7B | $4.8B | $9.1B | $18.4B | $31.1B | $50.3B | $59.3B | $61.5B | $62.2B | $45.7B |
| Dividends paid | $0 | $0 | — | — | — | — | $0 | $0 | $7.4B | $10.0B |
| Diluted shares | — | — | — | — | — | — | 13.2B | 12.7B | 12.4B | 12.2B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into GOOG?
A reverse DCF asks what growth the current price requires. With an enterprise value of $3.8T and $53.3B of trailing free cash flow, Alphabet needs to grow free cash flow about 44.2% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 11.3% a year over the last five years.
P/E ratio history
Current 29.4x vs. median 30.6x (10th–90th percentile 22.9x–48.4x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
GOOG dividend
- Dividend yield
- 0.28%
- Annual dividend
- $0.88
- Years of increases
- 1
- 5-yr dividend growth
- —
- per year
- Payout ratio
- 4%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
GOOG analyst price targets
14 analysts' average 12-month target is $422.36 (+33% vs. $317.28). Targets range from $340.00 to $485.00. 92% rate it a buy.
GOOG earnings
Next report: October 28, 2026. Last quarter's revenue was $119.8B (+24% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 22, 2026 | $2.91 | $2.85 | -2.1% |
| Apr 29, 2026 | $2.63 | $2.76 | +5.0% |
| Feb 4, 2026 | $2.64 | $2.82 | +6.8% |
| Oct 29, 2025 | $2.26 | $2.87 | +26.9% |
| Jul 23, 2025 | $2.20 | $2.31 | +5.1% |
| Apr 24, 2025 | $2.01 | $2.81 | +39.8% |
| Feb 4, 2025 | $2.13 | $2.15 | +1.2% |
| Oct 29, 2024 | $1.85 | $2.12 | +14.7% |
Stocks like GOOG
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 GOOGL Alphabet | -1.24% | +27% | $3.9T | 16.1x | Compare |
 META Meta Platforms | -0.96% | -12% | $1.6T | 21.9x | Compare |
 RDDT Reddit | -4.00% | -28% | $27.8B | 33.5x | Compare |
 NFLX Netflix | -1.79% | -41% | $274.2B | 19.0x | Compare |
 DIS Walt Disney | -0.54% | +1% | $194.3B | 23.2x | Compare |
 VZ Verizon Communications | -1.19% | +24% | $185.6B | 11.6x | Compare |
 TMUS T-Mobile US | -7.71% | -32% | $157.2B | 15.3x | Compare |
 T AT&T | -7.96% | -11% | $141.0B | 11.2x | Compare |
GOOG news
- Sundar Pichai Reported Alphabet's Cloud Revenue Grew 82% Last Quarter While the Gemini App Reached 950 Million Monthly Users. Is Google Cloud Becoming a Bigger Growth Driver Than Search? · Oct 25, 2026
- What To Expect In Markets This Week: GOOGL, MSFT, AMZN, INTC, HOOD, LLY Earnings, Fed Meeting And More · Oct 25, 2026
- Alphabet Stock Is Up 26.5% Over the Past Year. Still a Buy at $320? · Oct 25, 2026
- Dow Jones Futures Due For Doom-And-Bloom Market; Microsoft, Google, Amazon Ahead · Oct 25, 2026
- GOOGL's $250B AI Chip Opportunity Takes Aim At NVDA — Beth Kindig Says Google Is Going After ‘One Of The Most Profitable Hardware Businesses’ · Oct 25, 2026
GOOG stock FAQ
What is GOOG's market cap?
Alphabet's market capitalization is $3.88 trillion as of October 23, 2026, ranking 5th in the S&P 500.
What is GOOG's P/E ratio?
GOOG trades at a trailing price-to-earnings ratio of 15.9x and a forward P/E of 20.7x. Its median P/E over the period we track is 30.6x.
Does GOOG pay a dividend?
Yes. Alphabet pays $0.88 per share a year, a 0.28% yield. It has raised its dividend 1 years in a row.
How much has GOOG stock returned?
Including reinvested dividends, GOOG returned +25.4% over one year, +18.2% a year over five years, +23.1% a year over ten years through October 23, 2026.
Is GOOG stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Alphabet must grow free cash flow about 44% a year for the next decade. Its free cash flow grew 11% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the GOOG price target?
14 analysts cover GOOG with an average 12-month price target of $422.36, +33% from the current price. 92% of them rate it a buy.
When does GOOG report earnings?
Alphabet is expected to report earnings on October 28, 2026.
How many employees does Alphabet have?
Alphabet has about 198,933 full-time employees, or $2.2 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology