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Alphabet Inc. Depositary Shares representing a 1/20th Interest in a Share of Series A Mandatory Convertible Preferred Stock

Rank #258Capital Return

GOOGM · Nasdaq

Alphabet Inc. Depositary Shares representing a 1/20th Interest in a Share of Series A Mandatory Convertible Preferred Stock (GOOGM) — Rank #258 by gross profitability (GP/assets 0.26) · ROE 20.6% · Piotroski F-Score 6 / 9.

As-of 2026-09-28 · CIK 0001652044 · all metrics point-in-time as of the filing date.

About

State
DE
Filer Category
Large accelerated filer
Fiscal Year End
December 31

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

—

Industry

—

Exchange

Nasdaq

Signal Flags

4 green1 yellow1 red
Revenue growth acceleratingGrowth rate increasing year over year
Deferred revenue growingRevenue and deferred revenue both growing — retention signal
RPO outpacing revenueRemaining performance obligations growing faster than recognized revenue — forward demand building
Sequential beat (rev + EPS)Both revenue and EPS exceeded prior quarter — 2-quarter streak
Disclosure regressionA previously-disclosed line item is no longer reported — worth checking the filing for why
Operating margin decliningOperating margin lower than prior year

Quality Profile

Profitability

1/1 pass
GP / assets
0.26
Return on equity
20.6%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.44
Current ratio
2.72×
Net cash
$273.77B

Cash Flow

2/3 pass
Positive FCF
PASS
Cash-backed earnings
WARN
Accruals healthy
PASS
SBC / revenue
6.2%

Growth

2/2 pass
Revenue growth
15.1%
Piotroski F-Score
6 / 9
Share dilution
-1.7%

Terry Smith quality gate

Passes 3/5 Terry Smith thresholds

1 of 5 threshold not computable from filed data.

FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.26

Primary signal (Novy-Marx).

11th of 15 SIC 7370 peers

Return on equity

20.6%

Gross margin

59.7%

10th of 15 SIC 7370 peers

Revenue growth (YoY)

15.1%

RPO growth (YoY)

160.5%

Remaining performance obligations growth — RPO > revenue = forward demand building.

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

12.5%

Revenue CAGR (5Y)

17.2%

Earnings CAGR (3Y)

30.1%

FCF CAGR (3Y)

6.9%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.44

4th of 14 SIC 7370 peers (best = lowest)

Current ratio

2.72×

7th of 15 SIC 7370 peers

Quick ratio

2.47×

Net cash

$273.77B

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

$73.27B

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

-0.45

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

WARN

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

6.2%

Stock-based comp intensity.

Dividend safety

Composite score

3.2 / 5

Good
Payout ratio
7.6%5/5 Strong
FCF coverage
7.29×5/5 Strong
Dividend growth streak
1 yr1/5 Weak
Balance-sheet health
D/E 0.44 · IC N/A2/5 Fair

Piotroski F-Score

F-Score

6 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20202025
Capital Return
Hypergrowth
View full financial statements →