Alphabet Inc (GOGL34) - Net Assets
Based on the latest financial reports, Alphabet Inc (GOGL34) has net assets worth R$415.26 Billion BRL as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$595.28 Billion) and total liabilities (R$180.02 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$415.26 Billion |
| % of Total Assets | 69.76% |
| Annual Growth Rate | 13.18% |
| 5-Year Change | 65.03% |
| 10-Year Change | 198.67% |
| Growth Volatility | 6.22 |
Alphabet Inc - Net Assets Trend (2015–2025)
This chart illustrates how Alphabet Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alphabet Inc (2015–2025)
The table below shows the annual net assets of Alphabet Inc from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$415.26 Billion | +27.74% |
| 2024-12-31 | R$325.08 Billion | +14.72% |
| 2023-12-31 | R$283.38 Billion | +10.63% |
| 2022-12-31 | R$256.14 Billion | +1.79% |
| 2021-12-31 | R$251.63 Billion | +13.07% |
| 2020-12-31 | R$222.54 Billion | +10.48% |
| 2019-12-31 | R$201.44 Billion | +13.41% |
| 2018-12-31 | R$177.63 Billion | +16.48% |
| 2017-12-31 | R$152.50 Billion | +9.69% |
| 2016-12-31 | R$139.04 Billion | +15.54% |
| 2015-12-31 | R$120.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alphabet Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 263.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$324.06 Billion | 78.04% |
| Other Components | R$91.21 Billion | 21.96% |
| Total Equity | R$415.26 Billion | 100.00% |
Alphabet Inc Competitors by Market Cap
The table below lists competitors of Alphabet Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alphabet Inc Class A
NASDAQ:GOOGL
|
$1.85 Trillion |
|
Amazon.com Inc
NASDAQ:AMZN
|
$2.25 Trillion |
|
Microsoft Corporation
NASDAQ:MSFT
|
$2.77 Trillion |
|
Apple Inc
NASDAQ:AAPL
|
$3.82 Trillion |
|
Taiwan Semiconductor Manufacturing
NYSE:TSM
|
$1.84 Trillion |
|
Broadcom Inc
NASDAQ:AVGO
|
$1.54 Trillion |
|
Meta Platforms Inc.
NASDAQ:META
|
$1.37 Trillion |
|
Facebook Inc. Cl A
LSE:0QZI
|
$1.36 Trillion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alphabet Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 325,084,000,000 to 415,265,000,000, a change of 90,181,000,000 (27.7%).
- Net income of 132,170,000,000 contributed positively to equity growth.
- Dividend payments of 10,049,000,000 reduced retained earnings.
- Share repurchases of 45,709,000,000 reduced equity.
- Other factors increased equity by 13,769,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$132.17 Billion | +31.83% |
| Dividends Paid | R$10.05 Billion | -2.42% |
| Share Repurchases | R$45.71 Billion | -11.01% |
| Other Changes | R$13.77 Billion | +3.32% |
| Total Change | R$- | 27.74% |
Book Value vs Market Value Analysis
This analysis compares Alphabet Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.61x to 3.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | R$219.50 | R$134.50 | x |
| 2018-12-31 | R$255.38 | R$134.50 | x |
| 2019-12-31 | R$292.65 | R$134.50 | x |
| 2020-12-31 | R$329.59 | R$134.50 | x |
| 2021-12-31 | R$380.04 | R$134.50 | x |
| 2022-12-31 | R$19.93 | R$134.50 | x |
| 2023-12-31 | R$22.74 | R$134.50 | x |
| 2024-12-31 | R$26.62 | R$134.50 | x |
| 2025-12-31 | R$34.35 | R$134.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alphabet Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 31.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.81%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.43x
- Recent ROE (31.83%) is above the historical average (20.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 13.59% | 21.80% | 0.51x | 1.23x | R$4.31 Billion |
| 2016 | 14.01% | 21.58% | 0.54x | 1.20x | R$5.57 Billion |
| 2017 | 8.30% | 11.42% | 0.56x | 1.29x | R$-2.59 Billion |
| 2018 | 17.30% | 22.46% | 0.59x | 1.31x | R$12.97 Billion |
| 2019 | 17.05% | 21.22% | 0.59x | 1.37x | R$14.20 Billion |
| 2020 | 18.09% | 22.06% | 0.57x | 1.44x | R$18.01 Billion |
| 2021 | 30.22% | 29.51% | 0.72x | 1.43x | R$50.87 Billion |
| 2022 | 23.41% | 21.20% | 0.77x | 1.43x | R$34.36 Billion |
| 2023 | 26.04% | 24.01% | 0.76x | 1.42x | R$45.46 Billion |
| 2024 | 30.80% | 28.60% | 0.78x | 1.39x | R$67.61 Billion |
| 2025 | 31.83% | 32.81% | 0.68x | 1.43x | R$90.64 Billion |
Industry Comparison
This section compares Alphabet Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $1,813,084,000
- Average return on equity (ROE) among peers: -39.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alphabet Inc (GOGL34) | R$415.26 Billion | 13.59% | 0.43x | $1.84 Trillion |
| Méliuz S.A (CASH3) | $8.68 Million | -86.62% | 1.41x | $89.31 Million |
| IAC/InterActiveCorp (I1AC34) | $3.62 Billion | 6.82% | 0.90x | $2.81 Billion |
About Alphabet Inc
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, … Read more