Alphabet Inc.
$3.75T- Market cap
- $3.83T
- Debt
- +$51.08B
- Cash
- −$126.84B
Capital structure 99% equity / 1% debt · EV / Revenue 9.31x · EV / EBITDA 20.81x
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
GOOGL · current priceP/E 28.95x
$313.00Latest available close
Implied fair value · at MSFT's multiple
$291.256.9% below market
10.81 GOOGL EPS (TTM)×26.94x MSFT P/E=$291.25
Market $313.00Implied $291.25
MSFT · current priceP/E 26.94x
$483.62Latest available close
Implied fair value · at GOOGL's multiple
$519.747.5% above market
17.95 MSFT EPS (TTM)×28.95x GOOGL P/E=$519.74
Market $483.62Implied $519.74
Metric by metric
Smart diff
Where each company leads, and how wide the gap is.
6 metrics shown
MetricGOOGLMSFTLeads · spread
Revenue growth (YoY)
Growth lag
15.1%
17.8%
MSFT leads by 15.2%
Gross margin
Pricing power
59.7%
67.9%
MSFT leads by 12.2%
EBITDA margin
Operating leverage
44.8%
62.7%
MSFT leads by 28.6%
EV/Revenue
Multiple discount
9.31x
10.74x
GOOGL leads by 13.3%
P/E
Expensive
28.95x
26.94x
MSFT leads by 7.5%
Net debt / EBITDA
Lower leverage
-0.4
-0.1
GOOGL leads by 219.7%
Statements
Side-by-side financials
Core statements aligned to each company's latest fiscal year.
Income statement · USDGOOGL · FY 2025MSFT · FY 2026Delta
Revenue$402.84B$331.84B21.4% higher
Gross profit$240.30B$225.47B6.6% higher
Operating income$129.04B$155.24B16.9% lower
EBITDA$180.34B$207.92B13.3% lower
Net income$132.17B$133.75B1.2% lower
EPS10.817.939.8% lower
Revenue growth15.1%17.8%15.2% lower
Gross margin59.7%67.9%12.2% lower
Operating margin32.0%46.8%31.5% lower
EBITDA margin44.8%62.7%28.6% lower
Net margin32.8%40.3%18.6% lower
SEC periods: GOOGL FY 2025 (ended Dec 31, 2025) · MSFT FY 2026 (ended Jun 30, 2026). Fiscal years are not aligned.
Trendline
Historical trends
Seven fiscal years of revenue, earnings, and margins before underwriting a re-rating.
GOOGLMSFT
Price framework
Enterprise value
Market cap plus debt, less cash.
Microsoft Corporation
Price framework
Intrinsic value (DCF)
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
Alphabet Inc. · implied price per share
$133.93−57.2% vs $313.00
$1.56T intrinsic value÷12.23B shares=$133.93
Bear
$113.84
Base
$133.93
Bull
$154.02
Profit base$180B
Growth10.0%
Balance sheet health
Solvency
Financial health checks to separate durable balance sheets from potential value traps.
Piotroski F-Score
Financial strength on a 0–9 scale.
5/ 9 · GOOGLModerate
6/ 9 · MSFTModerate
Altman Z-Score
Bankruptcy-risk signal from balance sheet and earnings power.
15.12
Comparable set
Relative positioning
Where the pair sits against the wider comparable set.
Keep comparing
More comparisons
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
