What is the Alphabet company?
Alphabet Inc. most people known as Google is the 4th largest company by market cap & one of the most innovative technology companies on the planet Earth.
In 1998 Larry Page & Sergey Brin started Google as a search engine algorithm & later they acquired YouTube for $1.65 billion in 2006, DoubleClick for $3.1 billion in 2008, and Motorola Mobility for $12.5 billion in 2012.
Today Google is the largest search engine in the world. They have dominated on many technological sides & they lead a major role in AI research also.
How much money does Alphabet generate?
From 2020 to 2023 the revenue of the company has increased from $182.5 billion to $307 billion. Net profit also increased from $40.2 billion to $73.8 billion. When it comes to the free cash flow figure it is a massive number they have generated $69.5 billion in free cash flow.
What is the financial position?
The total assets of the company are $402.4 billion for 31st December 2023 & shareholders’ equity is $283.4 billion. The equity has increased from $222.5 billion to $283 billion in the last couple of years.
How much a Google stock?
GOOGL stock is currently trading at $175 per share & earnings of the last twelve months are $6.51 per share which gives a PE of 27. The company has paid a $0.80 dividend per share & dividend yield is 0.46%.
Who owns the Alphabet?
The largest shareholder of the company is Vanguard, which owns 497.8 million shares worth $86.7 billion & which is 8.48% of the total value of the company.
