1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year.
Alphabet(Google)'s 1-Year ROIIC % for the quarter that ended in Dec. 2023 was 29.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Alphabet(Google)'s 1-Year ROIIC % or its related term are showing as below:
GOOGL's 1-Year ROIIC % is ranked better than 64.61% of 568
companies
in the Interactive Media industry
Industry Median: 4.975
vs GOOGL: 29.69
Alphabet(Google) 1-Year ROIIC % Historical Data
The historical data trend for Alphabet(Google)'s 1-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Alphabet(Google)'s 1-Year ROIIC %
For the Internet Content & Information subindustry, Alphabet(Google)'s 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alphabet(Google)'s 1-Year ROIIC % Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Alphabet(Google)'s 1-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Alphabet(Google)'s 1-Year ROIIC % falls into.
Alphabet(Google) 1-Year ROIIC % Calculation
Alphabet(Google)'s 1-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
1-Year ROIIC %
=
1-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Alphabet(Google) 1-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Alphabet(Google)'s 1-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GOOGL has been successfully added to your 