Company / Working Capital
Alphabet Inc. Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$103.3B
FY2025
5-year range
$74.6B / $123.9B
FY2021-FY2025
Trend
+38.5%
vs FY2024
Sector context
#1 of 77
Communication Services
What the data says
Among 77 Communication Services companies, Alphabet Inc. is in the top 1% for working capital. Working Capital returned to growth in FY2025 after 3 years of decline, reaching $103.3B.
Based on SEC 10-K filings.
$103.3B in FY2025 with a 5-year CAGR of -2.5%. Ranks 1st among 77 companies in Communication Services.
Improved from $89.7B to $103.3B over the past 2 years.
Communication Services sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +2.7%
- 5-Year CAGR
- -2.5%
- 10-Year CAGR
- -
Sector benchmark
+4861.9% above sector average
Key checks
Key Insights
- 5-year CAGR of -2.5%, indicating a declining trend.
- In FY2025, working capital increased 38.5% year-over-year.
- Ranks #1 out of 77 companies in the Communication Services sector.
- Peak working capital was recorded in FY2021.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $103.3B | +38.5% |
| FY2024 | $74.6B | -16.9% |
| FY2023 | $89.7B | -6.1% |
| FY2022 | $95.5B | -22.9% |
| FY2021 | $123.9B | +5.5% |
| FY2020 | $117.5B | +9.4% |
| FY2019 | $107.4B | +6.2% |
| FY2018 | $101.1B | +0.9% |
| FY2017 | $100.1B | +12.9% |
| FY2016 | $88.7B | +25.2% |
As of FY2025 · SEC 10-K Annual Filings · Updated Feb 28, 2026