Price to Operating Profit (P/OP)
since 2005
Difficulty: Beginner
Calculation
Alphabet Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Income from operations1 (in millions) |
÷ | No. shares of common stock outstanding2 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2005 | 49.92 | = | 169.39 | ÷ | 3.39 | 3.39 | = | 2,017 | ÷ | 594,474,450 |
| Dec 31, 2006 | 39.26 | = | 224.12 | ÷ | 5.71 | 5.71 | = | 3,550 | ÷ | 621,914,396 |
| Dec 31, 2007 | 32.64 | = | 264.82 | ÷ | 8.11 | 8.11 | = | 5,084 | ÷ | 626,757,776 |
| Dec 31, 2008 | 17.00 | = | 178.84 | ÷ | 10.52 | 10.52 | = | 6,632 | ÷ | 630,587,414 |
| Dec 31, 2009 | 20.39 | = | 266.56 | ÷ | 13.07 | 13.07 | = | 8,312 | ÷ | 635,958,582 |
| Dec 31, 2010 | 19.34 | = | 312.25 | ÷ | 16.14 | 16.14 | = | 10,381 | ÷ | 643,044,210 |
| Dec 31, 2011 | 15.73 | = | 284.05 | ÷ | 18.06 | 18.06 | = | 11,742 | ÷ | 650,272,660 |
| Dec 31, 2012 | 19.47 | = | 376.84 | ÷ | 19.35 | 19.35 | = | 12,760 | ÷ | 659,326,424 |
| Dec 31, 2013 | 28.55 | = | 593.35 | ÷ | 20.78 | 20.78 | = | 13,966 | ÷ | 672,101,662 |
| Dec 31, 2014 | 21.78 | = | 527.83 | ÷ | 24.24 | 24.24 | = | 16,496 | ÷ | 680,622,782 |
| Dec 31, 2015 | 24.29 | = | 683.11 | ÷ | 28.13 | 28.13 | = | 19,360 | ÷ | 688,319,767 |
| Dec 31, 2016 | 23.37 | = | 801.49 | ÷ | 34.30 | 34.30 | = | 23,716 | ÷ | 691,420,327 |
| Dec 31, 2017 | 28.74 | = | 1,080.60 | ÷ | 37.60 | 37.60 | = | 26,146 | ÷ | 695,297,530 |
1 USD $
2 Data adjusted for splits and stock dividends.
3 Close price on the filing date of Alphabet Inc.'s Annual Report.
Source: Based on data from Alphabet Inc. Annual Reports
Comparison to Competitors
Alphabet Inc., P/OP, long-term trends, comparison to competitors
| Alphabet Inc. | Adobe Systems Inc. | Facebook Inc. | Microsoft Corp. | Oracle Corp. | salesforce.com inc. | |
|---|---|---|---|---|---|---|
| Dec 31, 2005 | 49.92 | 31.95 | – | 59.14 | 17.01 | 233.65 |
| Dec 31, 2006 | 39.26 | 41.03 | – | 48.35 | 16.72 | 214.74 |
| Dec 31, 2007 | 32.64 | 22.98 | – | 56.63 | 16.87 | – |
| Dec 31, 2008 | 17.00 | 10.04 | – | 10.44 | 13.68 | 350.81 |
| Dec 31, 2009 | 20.39 | 26.10 | – | 10.42 | 12.94 | 59.54 |
| Dec 31, 2010 | 19.34 | 17.20 | 43.16 | 9.27 | 11.95 | 83.25 |
| Dec 31, 2011 | 15.73 | 14.01 | 28.78 | 8.55 | 13.61 | 166.46 |
| Dec 31, 2012 | 19.47 | 16.04 | 131.64 | 11.23 | 9.91 | – |
| Dec 31, 2013 | 28.55 | 71.49 | 56.90 | 9.91 | 9.51 | – |
| Dec 31, 2014 | 21.78 | 86.32 | 43.72 | 12.81 | 12.12 | – |
| Dec 31, 2015 | 24.29 | 49.21 | 49.89 | 20.57 | 12.84 | – |
| Dec 31, 2016 | 23.37 | 36.62 | 30.46 | 21.70 | 13.09 | 411.51 |
| Dec 31, 2017 | 28.74 | 44.86 | 27.76 | 24.93 | 16.52 | 908.77 |
Source: Based on data from Alphabet Inc. Annual Reports