Analysis of Geographic Areas
Alphabet Inc. operates in 2 regions: United States and International.
Area Asset Turnover
Alphabet Inc., asset turnover by geographic area
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 1.33 | 1.44 | 1.47 | 1.23 | 0.79 |
| International | 4.19 | 4.36 | 4.60 | 3.52 | 3.05 |
Based on: 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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
| International | International area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: United States
Alphabet Inc.; United States; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 146,286) | 134,814) | 117,854) | 85,014) | 74,843) |
| Long-lived assets | 110,053) | 93,565) | 80,207) | 69,315) | 94,907) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.33 | 1.44 | 1.47 | 1.23 | 0.79 |
Based on: 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).
1 2023 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 146,286 ÷ 110,053 = 1.33
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: International
Alphabet Inc.; International; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 160,872) | 146,062) | 139,634) | 97,337) | 86,559) |
| Long-lived assets | 38,383) | 33,484) | 30,351) | 27,645) | 28,424) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.19 | 4.36 | 4.60 | 3.52 | 3.05 |
Based on: 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).
1 2023 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 160,872 ÷ 38,383 = 4.19
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | International | International area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Revenues
Alphabet Inc., revenues by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 146,286) | 134,814) | 117,854) | 85,014) | 74,843) |
| International | 160,872) | 146,062) | 139,634) | 97,337) | 86,559) |
| Hedging gains (losses) | 236) | 1,960) | 149) | 176) | 455) |
| Total | 307,394) | 282,836) | 257,637) | 182,527) | 161,857) |
Based on: 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).
Long-lived assets
Alphabet Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 110,053) | 93,565) | 80,207) | 69,315) | 94,907) |
| International | 38,383) | 33,484) | 30,351) | 27,645) | 28,424) |
| Total | 148,436) | 127,049) | 110,558) | 96,960) | 123,331) |
Based on: 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).