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