Earnings Summary

Alphabet Inc. - Class C Shares’s revenue jumped 13.45% since last year same period to $84640Mn in the Q2 2024. On a quarterly growth basis, Alphabet Inc. - Class C Shares has generated 5.09% jump in its revenue since last 3-months.

Alphabet Inc. - Class C Shares’s net profit jumped 28.59% since last year same period to $23619Mn in the Q2 2024. On a quarterly growth basis, Alphabet Inc. - Class C Shares has generated -0.18% fall in its net profits since last 3-months.

Alphabet Inc. - Class C Shares’s net profit margin jumped 13.34% since last year same period to 27.91% in the Q2 2024. On a quarterly growth basis, Alphabet Inc. - Class C Shares has generated -5.02% fall in its net profit margins since last 3-months.

Alphabet Inc. - Class C Shares’s price-to-earnings ratio after this Q2 2024 earnings stands at 23.6.

Alphabet Inc. - Class C Shares’s earning per share (EPS) estimates for the current quarter stand at 1.84 - a 0% jump from last quarter’s estimates.

Alphabet Inc. - Class C Shares’s earning per share (EPS) estimates for the current year stand at 1.84.

Alphabet Inc. - Class C Shares’s earning per share (EPS) jumped 31.25% since last year same period to 1.89 in the Q2 2024. This indicates that the Alphabet Inc. - Class C Shares has generated 31.25% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Alphabet Inc. - Class C Shares’s return on assets (ROA) stands at 0.16.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Alphabet Inc. - Class C Shares’s return on equity (ROE) stands at 0.31.

Alphabet Inc. - Class C Shares declared 0.4 dividend per share during the earnings announcement for Q2 2024.