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Alphabet Valuation Multiples

Discover revenue and EBITDA valuation multiples for Alphabet and similar public comparables like Microsoft, Amazon, Meta, Oracle and more.

Alphabet Overview

About Alphabet

Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google’s subscription services (YouTube TV and YouTube Music, among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google’s cloud computing platform accounts for roughly 10% of Alphabet’s revenue. The firm’s investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) make up the rest.


Founded

1998

HQ

United States

Employees

190.8K

Website

abc.xyz

Financials (LTM)

Revenue: $417B
EBITDA: $186B

EV

$3.6T

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Alphabet Financials

Alphabet reported last 12-month revenue of $417B and EBITDA of $186B.

In the same LTM period, Alphabet generated $252B in gross profit, $186B in EBITDA, and $134B in net income.

Revenue (LTM)


Alphabet P&L

In the most recent fiscal year, Alphabet reported revenue of $403B and EBITDA of $181B.

Alphabet expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Alphabet forward-looking valuation multiples
LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue$417BXXX$403BXXXXXXXXX
Gross Profit$252BXXX$240BXXXXXXXXX
Gross Margin60%XXX60%XXXXXXXXX
EBITDA$186BXXX$181BXXXXXXXXX
EBITDA Margin45%XXX45%XXXXXXXXX
EBIT Margin33%XXX32%XXXXXXXXX
Net Profit$134BXXX$132BXXXXXXXXX
Net Margin32%XXX33%XXXXXXXXX
Net Debt——$16BXXXXXXXXX

Financial data powered by Morningstar, Inc.

Alphabet Stock Performance

Alphabet has current market cap of $3.6T, and enterprise value of $3.6T.

Market Cap Evolution


Alphabet's stock price is $300.89.

See Alphabet trading valuation data
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$3.6T$3.6T0.0%XXXXXXXXX$10.93

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Alphabet Valuation Multiples

Alphabet trades at 8.6x EV/Revenue multiple, and 19.2x EV/EBITDA.

See valuation multiples for Alphabet and 15K+ public comps

EV / Revenue (LTM)


Alphabet Financial Valuation Multiples

As of March 22, 2026, Alphabet has market cap of $3.6T and EV of $3.6T.

Equity research analysts estimate Alphabet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Alphabet has a P/E ratio of 27.2x.

LTMNTMLast FYFY 2026FY 2027FY 2028
Market cap (current)$3.6TXXX$3.6TXXXXXXXXX
EV (current)$3.6TXXX$3.6TXXXXXXXXX
EV/Revenue8.6xXXX8.9xXXXXXXXXX
EV/EBITDA19.2xXXX19.8xXXXXXXXXX
EV/EBIT26.4xXXX27.7xXXXXXXXXX
EV/Gross Profit14.2xXXX14.9xXXXXXXXXX
P/E27.2xXXX27.5xXXXXXXXXX
EV/FCF55.6xXXX48.8xXXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Alphabet Margins & Growth Rates

Alphabet's revenue in the last 12 month grew by 16%.

Alphabet's revenue per employee in the last FY averaged $2.2M.

Alphabet's rule of 40 is 61% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Alphabet's rule of X is 86% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

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Alphabet Operational Valuation Multiples

LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue Growth16%XXX17%XXXXXXXXX
EBITDA Margin45%XXX45%XXXXXXXXX
EBITDA Growth22%XXX21%XXXXXXXXX
Rule of 40—XXX61%XXXXXXXXX
Bessemer Rule of X—XXX86%XXXXXXXXX
Revenue per Employee—XXX$2.2MXXXXXXXXX
S&M Expenses to Revenue7%XXX7%XXXXXXXXX
G&A Expenses to Revenue5%XXX5%XXXXXXXXX
R&D Expenses to Revenue15%XXX15%XXXXXXXXX
Opex to Revenue—XXX28%XXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

Alphabet Public Comps

See public comps and valuation multiples for other Search Engines and AdTech Software comps.

EV/RevenueEV/EBITDA
LTM2026E2027ELTM2026E2027E
MicrosoftXXXXXXXXXXXXXXXXXX
AmazonXXXXXXXXXXXXXXXXXX
MetaXXXXXXXXXXXXXXXXXX
OracleXXXXXXXXXXXXXXXXXX
NetflixXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX

Valuation data powered by FactSet, Inc.

Alphabet M&A Activity

Alphabet acquired XXX companies to date.

Last acquisition by Alphabet was on XXXXXXXX, XXXXX. Alphabet acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

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Latest Acquisitions by Alphabet

Acquired CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

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Alphabet Investment Activity

Alphabet invested in XXX companies to date.

Alphabet made its latest investment on XXXXXXXX, XXXXX. Alphabet invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).

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Latest Investments by Alphabet

CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

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About Alphabet

When was Alphabet founded?Alphabet was founded in 1998.
Where is Alphabet headquartered?Alphabet is headquartered in United States.
How many employees does Alphabet have?As of today, Alphabet has over 190K employees.
Who is the CEO of Alphabet?Alphabet's CEO is Sundar Pichai.
Is Alphabet publicly listed?Yes, Alphabet is a public company listed on Nasdaq.
What is the stock symbol of Alphabet?Alphabet trades under GOOGL ticker.
When did Alphabet go public?Alphabet went public in 2004.
Who are competitors of Alphabet?Alphabet main competitors are Microsoft, Amazon, Meta, Oracle.
What is the current market cap of Alphabet?Alphabet's current market cap is $3.6T.
What is the current revenue of Alphabet?Alphabet's last 12 months revenue is $417B.
What is the current revenue growth of Alphabet?Alphabet revenue growth (NTM/LTM) is 16%.
What is the current EV/Revenue multiple of Alphabet?Current revenue multiple of Alphabet is 8.6x.
Is Alphabet profitable?Yes, Alphabet is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Alphabet?Alphabet's last 12 months EBITDA is $186B.
What is Alphabet's EBITDA margin?Alphabet's last 12 months EBITDA margin is 45%.
What is the current EV/EBITDA multiple of Alphabet?Current EBITDA multiple of Alphabet is 19.2x.
What is the current FCF of Alphabet?Alphabet's last 12 months FCF is $64B.
What is Alphabet's FCF margin?Alphabet's last 12 months FCF margin is 15%.
What is the current EV/FCF multiple of Alphabet?Current FCF multiple of Alphabet is 55.6x.

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