Google parent Alphabet had a banner year, surpassing $200 billion in revenue for the first time. Alphabet boasted the top-performing Big Tech stock of 2021 as its shares soared by more than 65%, nearly three times the Nasdaq’s 22% gain. It also set aside a whopping $50 billion to buy back shares and announced a 20-for-1 stock split to encourage more investment. Alphabet’s stellar performance was boosted in part by its Google Cloud services, which registered a revenue increase of almost 50%. But while financials were booming, Alphabet faced many challenges on the HR front. Hundreds of workers opted to unionize, after which the company offered enhanced employee benefits including extended parental leave and vacation time; the company’s hybrid-work plans also irked employees who had grown accustomed to working remotely. On the geopolitical front, Alphabet barred Russian media outlets from receiving ad revenue via its online platforms after Russia invaded Ukraine, and transformed its Google offices in Poland into a safe haven for Ukrainian refugees.
Noah Seelam—AFP/Getty Images
Company Information
As of 3/29/23
Country
U.S.
Headquarters
Mountain View, Calif.
Industry
Internet Services and Retailing
CEO
Sundar Pichai
Website
Company Type
Public
Ticker
GOOGL
Revenues ($M)
$282,836
Profits ($M)
$59,972
Market Value ($M)
$1,209,624
Employees
190,234
Figures are for fiscal year ended Dec. 31, 2022. Market value as of March 8, 2023. Sources: S&P Global; Bloomberg.
Key Financials (Last Fiscal Year)As of 8/3/2022
($ Millions)
% change
Revenues ($M)
$257,637
41.2%
Profits ($M)
$76,033
88.8%
Assets ($M)
$359,268
-
Total Stockholder Equity ($M)
$251,635
-
Profit RatiosAs of 8/3/2022
Profit as % of Revenues
29.5%
Profits as % of Assets
21.2%
Profits as % of Stockholder Equity
30.2%
Alphabet Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $182,52712.8% | $40,26917.3% | $319,616 | $222,544 |
| 2020 | $161,85718.3% | $34,34311.7% | $275,909 | $201,442 |
| 2019 | $136,81923.4% | $30,736142.7% | $232,792 | $177,628 |
| 2018 | $110,85522.8% | $12,662-35% | $197,295 | $152,502 |
| 2017 | $90,27220.4% | $19,47819.1% | $167,497 | $139,036 |
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