Return on Assets snapshot
Google's return on assets was 22.2% in FY2025, compared with 22.2% in FY2024. On a trailing-twelve-month basis it was 22.8% as of Q1 FY26. Return on assets (ROA) is net income divided by total assets. It measures how efficiently a company turns its asset base into profit.
Return on Assets (latest FY)
22.2%
Return on Assets (TTM)
22.8%
Return on equity (latest FY)
31.8%
Return on invested capital (latest FY)
24.7%
Google Return on Assets
Net income ÷ total assets
Return on Assets vs. related metrics
Google Return on Assets — by fiscal year
| Fiscal year | Return on assets | Return on equity | Return on invested capital |
|---|---|---|---|
| FY2025 | 22.2% | 31.8% | 24.7% |
| FY2024 | 22.2% | 30.8% | 29.7% |
| FY2023 | 18.3% | 26.0% | 26.6% |
| FY2022 | 16.4% | 23.4% | 25.2% |
| FY2021 | 21.2% | 30.2% | 26.9% |
| FY2020 | 12.6% | 18.1% | 16.4% |
| FY2019 | 12.4% | 17.0% | 15.8% |
| FY2018 | 13.2% | 17.3% | 14.7% |
| FY2017 | 6.4% | 8.3% | 8.4% |
| FY2016 | 11.6% | 14.0% | 14.7% |
| FY2015 | 11.1% | 13.6% | 14.7% |
| FY2014 | 10.9% | 13.6% | 14.3% |
| FY2013 | — | 14.6% | — |
| FY2012 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Return on assets | Return on equity | Return on invested capital |
|---|---|---|---|
| Q1 FY26 | 22.8% | 33.5% | 21.8% |
| Q4 FY25 | 22.2% | 31.8% | 24.7% |
| Q3 FY25 | 23.2% | 32.1% | 25.8% |
| Q2 FY25 | 23.0% | 31.8% | 27.0% |
| Q1 FY25 | 23.3% | 32.1% | 29.1% |
| Q4 FY24 | 22.2% | 30.8% | 29.7% |
| Q3 FY24 | 21.9% | 30.0% | 28.6% |
| Q2 FY24 | 21.1% | 29.1% | 29.4% |
| Q1 FY24 | 20.2% | 28.1% | 28.2% |
| Q4 FY23 | 18.3% | 26.0% | 26.6% |
| Q3 FY23 | 16.8% | 24.4% | 26.0% |
| Q2 FY23 | 15.9% | 22.8% | 24.1% |
Figures normalized from SEC filings. See the full Google ratios & metrics.