Company / FCF Margin
Alphabet Inc. FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
18.2%
FY2025
5-year range
18.2% / 26.0%
FY2021-FY2025
Trend
-12.5%
vs FY2024
Sector context
#20 of 62
Communication Services
What the data says
At 18.2%, Alphabet Inc.'s fcf margin ranks #20 of 62 in the Communication Services sector. FCF Margin has fluctuated over the past 10 years, ranging from 16.7% in FY2018 to 28.6% in FY2016.
Based on SEC 10-K filings.
18.2% in FY2025 with a 5-year CAGR of -5.3%.
Declined from 22.6% to 18.2% over the past 2 years.
Communication Services sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- -3.0pp
- 5-Year Change
- -5.3pp
- 10-Year Change
- -
Sector benchmark
#20 of 62 in Communication ServicesTop 32% of 62This company 18.2% Sector average -96.4%
▼
+118.9% above sector average
Key checks
Key Insights
- In FY2025, fcf margin decreased 12.5% year-over-year.
- Currently 114.6pp above the Communication Services sector average.
- Peak fcf margin was recorded in FY2016.
- Lowest fcf margin in the period was in FY2018.
Company context
Key Data Points
- Strong profit margin: 32.2%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 38.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 18.2% | -12.5% |
| FY2024 | 20.8% | -8.0% |
| FY2023 | 22.6% | +6.6% |
| FY2022 | 21.2% | -18.4% |
| FY2021 | 26.0% | +10.8% |
| FY2020 | 23.5% | +22.6% |
| FY2019 | 19.1% | +14.7% |
| FY2018 | 16.7% | -22.6% |
| FY2017 | 21.6% | -24.6% |
| FY2016 | 28.6% | +29.0% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026