Alphabet Historical Income Statement
GOOG Stock | USD 170.82 0.20 0.12% |
Historical analysis of Alphabet income statement accounts such as Gross Profit of 182.8 B or Other Operating Expenses of 234.3 B can show how well Alphabet Inc Class C performed in making a profits. Evaluating Alphabet income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alphabet's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Alphabet Class C latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alphabet Class C is a good buy for the upcoming year.
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About Alphabet Income Statement Analysis
Alphabet Class C Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Alphabet shareholders. The income statement also shows Alphabet investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Alphabet Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Alphabet Class C. It is also known as Alphabet overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Alphabet Class C income statement and represents the costs associated with goods and services Alphabet provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Alphabet's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alphabet Class C current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Alphabet's Gross Profit is most likely to increase significantly in the upcoming years. The Alphabet's current Other Operating Expenses is estimated to increase to about 234.3 B, while Net Income From Continuing Ops is projected to decrease to roughly 41.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 68.0B | 81.8B | 89.8B | 94.3B | Cost Of Revenue | 110.9B | 126.2B | 133.3B | 140.0B |
Alphabet income statement Correlations
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Alphabet Account Relationship Matchups
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Alphabet income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 15.2B | 13.7B | 12.4B | 13.5B | 11.9B | 12.5B | |
Selling General Administrative | 9.6B | 11.1B | 13.5B | 15.7B | 16.4B | 17.2B | |
Gross Profit | 90.0B | 97.8B | 146.7B | 156.6B | 174.1B | 182.8B | |
Other Operating Expenses | 125.9B | 141.3B | 178.9B | 208.0B | 223.1B | 234.3B | |
Operating Income | 34.2B | 41.2B | 78.7B | 74.8B | 84.3B | 88.5B | |
Ebit | 34.2B | 48.2B | 91.1B | 77.9B | 86.0B | 90.3B | |
Research Development | 26.0B | 27.6B | 31.6B | 39.5B | 45.4B | 47.7B | |
Ebitda | 49.4B | 61.9B | 103.5B | 91.3B | 98.0B | 102.9B | |
Cost Of Revenue | 71.9B | 84.7B | 110.9B | 126.2B | 133.3B | 140.0B | |
Total Operating Expenses | 54.0B | 56.6B | 68.0B | 81.8B | 89.8B | 94.3B | |
Income Before Tax | 39.6B | 48.1B | 90.7B | 71.3B | 85.7B | 90.0B | |
Total Other Income Expense Net | 5.4B | 6.9B | 12.0B | (3.5B) | 1.4B | 1.2B | |
Net Income | 34.3B | 40.3B | 76.0B | 60.0B | 73.8B | 77.5B | |
Interest Expense | 100M | 135M | 346M | 357M | 308M | 323.4M | |
Total Revenue | 161.9B | 182.5B | 257.6B | 282.8B | 307.4B | 322.8B | |
Income Tax Expense | 5.3B | 7.8B | 14.7B | 11.4B | 11.9B | 12.5B | |
Selling And Marketing Expenses | 18.5B | 17.9B | 22.9B | 26.6B | 27.9B | 29.3B | |
Net Income From Continuing Ops | 34.3B | 40.3B | 76.0B | 60.0B | 73.8B | 41.5B | |
Net Income Applicable To Common Shares | 34.3B | 40.3B | 76.0B | 60.0B | 69.0B | 38.9B | |
Tax Provision | 5.3B | 7.8B | 14.7B | 11.4B | 11.9B | 9.5B | |
Interest Income | 2.4B | 1.9B | 1.5B | 2.2B | 3.9B | 2.0B | |
Non Operating Income Net Other | 5.4B | 6.9B | 12.0B | (3.5B) | (4.0B) | (3.8B) | |
Net Interest Income | 2.3B | 1.7B | 1.2B | 1.8B | 3.6B | 2.0B | |
Reconciled Depreciation | 11.8B | 13.7B | 12.4B | 15.9B | 11.9B | 12.8B |
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When determining whether Alphabet Class C is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.366 | Dividend Share 0.4 | Earnings Share 7.54 | Revenue Per Share 27.443 | Quarterly Revenue Growth 0.151 |
The market value of Alphabet Class C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.