Google is 23% Cheaper

ALPHABET CLASS A (GOOGL)

Google is a multinational technology company best known for its search engine, which is the most widely used in the world. Founded in 1998 by Larry Page and Sergey Brin, Google has expanded its operations to include a wide range of products and services. These include advertising (Google Ads), cloud computing (Google Could), mobile operating systems (Android), hardware (Pixel devices, Nest), and productivity software (Google Workspace). Google also owns YouTube, the largest video-sharing platform.

Chart

Financial Snapshot

Income Statement (*values displayed in millions)

2024

2023

2022

Total Revenue

350,018

307,394

282,836

Gross Profit

203,712

175,022

156,633

Operating Income

112,390

84,293

74,842

Net Income

100,118

73,795

59,972

Source: CNBC.COM

How do they make money?

  • Advertising: Google makes it easy for advertisers to create text, image, video and other interactive ads that run on Google’s various platforms and devices to build brand awareness and engagement with advertisers’ products and services. This category is Google’s largest revenue source.

  • Google Cloud: Google Cloud generates revenues primarily from consumption-based fees and subscriptions for infrastructure, platform, applications, and other cloud services. Customers use Google Cloud in multiple ways such as: AI-optimized infrastructure, Developer Platform, Cybersecurity, Data and Analytics, and Applications.

  • Other Google Services:

    1. Consumer Subscriptions: revenue from YouTube services, such as YouTube TV, YouTube Music and Premium, and NFL Sunday Ticket, as well as Google One

    2. Platforms: revenue from Google Play sales of apps and-in app purchases

    3. Devices: sales of the Pixel family of devices

Source: Google 2024 10-K Statement

Good Time to Buy?

At the time of writing, GOOGL is down 23% since its February 2025 52 Week High of 207.05/share. What more is there to say?

FYI

Market Cap

1.93T

Shares Outstanding 

12.21B

Dividend

0.80

Earnings/share

8.12

Next Earnings Release

04/29/2025

Source: SCHWAB.COM

If You Invested In GOOGL…

Initial Amount Invested

5 Years Ago

10 Years Ago

15 Years Ago

$10,000

$26,800 (Today’s Value)

$60,000 (Today’s Value)

$115,250 (Today’s Value)

$50,000

$134,000 (Today’s Value)

$300,000 (Today’s Value)

$576,250 (Today’s Value)

$100,000

$268,000 (Today’s Value)

$600,000 (Today’s Value)

$1,152,500 (Today’s Value)

Source: SCHWAB.COM (thinkorswim)