Reading the tape
NASDAQ: GOOG
Alphabet Inc.
Communication Services · Internet Content & Information
Market Cap
$4.64T
52w High
$383.39
52w Low
$149.49
P/E
29.13
Volume
27.93M
Outstanding Shares
12.10B
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
1Y Price: 135.41%Revenue (TTM): 17.47%FCF (TTM): -2.16%P/FCF: 100th pct
What changed
The stock rose 135.41% over the last year. Revenue grew 17.47% over the trailing twelve months. Operating margin moved from 32.67% to 32.7%. Free cash flow declined 2.16% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (100th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 32.7% — continued expansion would be needed to justify the premium. Revenue growth of 17.47% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
CEOSundar Pichai
SectorCommunication Services
IndustryInternet Content & Information
Employees185,719
IPO dateAug 19, 2004
Valuation
Forward P/E—
EV/EBITDA21.23
Enterprise value$3.82T
Stock splits
Jul 18, 2022↑ Forward
Every 1 shares became 20
Mar 27, 2014↑ Forward
Every 500 shares became 1001
Profitability & growth
Revenue growth21.79%
Gross margin60.37%▲2.52%vs FY2024
Operating margin32.7%▼0.17%vs FY2024
ROE31.83%▲3.35%vs FY2024
Analyst consensus
RatingBuy
Target price$383.41▲0.05%
69
Buy
9
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 22, 2026
Q3 FY26 · EPS est $2.86 · Revenue est $116.07B
View
Dividends
$0.85/shareQuarterlySafeGOOG pays a dividend with a 0.22% declared yield, covered 7.3× by free cash flow.
Declared Yield
0.22%
Annual Div / Share
$0.85
CAGR
—
Payout Ratio
6.27%
Safe
Dividend Growth Rate
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$0.85+4.9%
2025$0.81—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$2/yr
$0/mo
In 5 yrs
$2/yr
$0/mo
In 10 yrs
$2/yr
$0/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$2/yr $0/mo | $2/yr $0/mo | $2/yr $0/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 7.3× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.
Congressional Activity
Congress Trades in GOOG
STOCK Act disclosures from senators and representatives.
Katie Britt
ALsenateRepublicanSale (Partial)Spouse2025-11-07$1,001 - $15,000+79d to discloseKatie Britt
ALsenateRepublicanPurchaseSpouse2025-04-14$1,001 - $15,000+286d to disclose