Price to Operating Profit (P/OP)
since 2005
Paying user area
Try for free
Alphabet Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Cash Flow Statement
- Common-Size Balance Sheet: Assets
- Analysis of Liquidity Ratios
- Analysis of Solvency Ratios
- Common Stock Valuation Ratios
- Operating Profit Margin since 2005
- Current Ratio since 2005
- Total Asset Turnover since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Alphabet Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
Alphabet Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Income from operations1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 5, 2025 | = | ÷ | = | ÷ | |||||||
| Jan 31, 2024 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2023 | = | ÷ | = | ÷ | |||||||
| Feb 2, 2022 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2021 | = | ÷ | = | ÷ | |||||||
| Feb 4, 2020 | = | ÷ | = | ÷ | |||||||
| Feb 5, 2019 | = | ÷ | = | ÷ | |||||||
| Feb 6, 2018 | = | ÷ | = | ÷ | |||||||
| Feb 3, 2017 | = | ÷ | = | ÷ | |||||||
| Feb 11, 2016 | = | ÷ | = | ÷ | |||||||
| Feb 9, 2015 | = | ÷ | = | ÷ | |||||||
| Feb 12, 2014 | = | ÷ | = | ÷ | |||||||
| Jan 29, 2013 | = | ÷ | = | ÷ | |||||||
| Jan 26, 2012 | = | ÷ | = | ÷ | |||||||
| Feb 11, 2011 | = | ÷ | = | ÷ | |||||||
| Feb 12, 2010 | = | ÷ | = | ÷ | |||||||
| Feb 13, 2009 | = | ÷ | = | ÷ | |||||||
| Feb 15, 2008 | = | ÷ | = | ÷ | |||||||
| Mar 1, 2007 | = | ÷ | = | ÷ | |||||||
| Mar 16, 2006 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Alphabet Inc. Annual Report.
- Share Price Trend
- The share price exhibited a general upward trend over the observed periods, rising from $8.47 in 2006 to $193.3 in 2025. Initial growth was moderate, with some fluctuations between 2006 and 2013, where the price ranged roughly between $8.94 and $18.84. From 2014 onward, the share price showed more pronounced increases, reaching $103.5 in 2021. A notable peak occurred in 2022 at $148.04, followed by a dip to $105.22 in 2023, then rising again to $193.3 by 2025, indicating increased volatility in recent years but strong overall growth.
- Operating Profit per Share (OPPS) Trend
- Operating profit per share displayed a consistent and steady upward trend across the entire timeframe. Starting at $0.17 in 2006, OPPS grew year-over-year, reaching $1.04 by 2014, then continuing to accelerate, hitting $3.06 in 2021 and culminating at $9.22 in 2025. This reflects improving operational efficiency and profitability on a per-share basis, suggesting stronger earnings capacity independent of share price volatility.
- Price to Operating Profit Ratio (P/OP)
- The P/OP ratio showed significant variability. Initially, it declined sharply from 49.92 in 2006 to a low of 15.73 in 2012, suggesting that the market valuation relative to operating profit became more reasonable or undervalued during that period. Post-2012, the ratio fluctuated, often rising above 20, peaking around 33.85 in 2021, which may indicate periods where the market price outpaced earnings improvements or reflected heightened investor expectations. By 2025, the ratio stabilized near 21.0, hinting at a more balanced valuation relative to operating profitability.
- Overall Insights
- The data indicates robust growth in both market share price and operating profitability, with operating profit per share showing continuous and strong improvement. Market valuation multiples experienced wide swings, likely influenced by economic cycles, investor sentiment, and company performance expectations. Despite recent volatility in share price and P/OP ratio, the long-term patterns suggest strengthening financial health and increasing investor confidence.
Comparison to Competitors
Alphabet Inc., P/OP, long-term trends, comparison to competitors
| Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Trade Desk Inc. | |
|---|---|---|---|---|---|
| Feb 5, 2025 | |||||
| Jan 31, 2024 | |||||
| Feb 3, 2023 | |||||
| Feb 2, 2022 | |||||
| Feb 3, 2021 | |||||
| Feb 4, 2020 | |||||
| Feb 5, 2019 | |||||
| Feb 6, 2018 | |||||
| Feb 3, 2017 | |||||
| Feb 11, 2016 | |||||
| Feb 9, 2015 | |||||
| Feb 12, 2014 | |||||
| Jan 29, 2013 | |||||
| Jan 26, 2012 | |||||
| Feb 11, 2011 | |||||
| Feb 12, 2010 | |||||
| Feb 13, 2009 | |||||
| Feb 15, 2008 | |||||
| Mar 1, 2007 | |||||
| Mar 16, 2006 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).