Alphabet Inc. Annual Return On Equity in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Alphabet Inc. quarterly/annual Return On Equity history and growth rate from 2016 to 2023.
  • Alphabet Inc. Return On Equity for the quarter ending September 30, 2024 was 31.7 %, a 25.4% increase year-over-year.
  • Alphabet Inc. annual Return On Equity for 2023 was 27.2 %, a 15.6% increase from 2022.
  • Alphabet Inc. annual Return On Equity for 2022 was 23.5 %, a 25.4% decline from 2021.
  • Alphabet Inc. annual Return On Equity for 2021 was 31.6 %, a 65.8% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 27.2 +3.68 +15.6% Jan 1, 2023 Dec 31, 2023
2022 23.5 -8.02 -25.4% Jan 1, 2022 Dec 31, 2022
2021 31.6 +12.5 +65.8% Jan 1, 2021 Dec 31, 2021
2020 19 +1.24 +6.97% Jan 1, 2020 Dec 31, 2020
2019 17.8 -0.55 -3% Jan 1, 2019 Dec 31, 2019
2018 18.3 +9.94 +118% Jan 1, 2018 Dec 31, 2018
2017 8.4 -6.45 -43.4% Jan 1, 2017 Dec 31, 2017
2016 14.9 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.