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
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: GOOGL stock price at discount vs AAPL $313.00 current versus $393.94 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at AAPL's multiple
Implied fair value · at GOOGL's multiple
Live quote
As of 2025-12-31
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: GOOGL FY 2025 (ended Dec 31, 2025) · AAPL FY 2025 (ended Sep 27, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 99% equity / 1% debt · EV / Revenue 9.31x · EV / EBITDA 20.81x
Capital structure 97% equity / 3% debt · EV / Revenue 9.65x · EV / EBITDA 26.83x
AAPL carries the larger enterprise value at $4.02T against $3.75T; GOOGL trades on the lower EV / Revenue multiple (9.31x vs 9.65x); GOOGL on the lower EV / EBITDA (20.81x vs 26.83x).
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
Alphabet Inc. · implied price per share
Bear
$113.84
Base
$133.93
Bull
$154.02
Apple Inc. · implied price per share
Bear
$70.37
Base
$82.78
Bull
$95.20
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.12x
1.40x
Net debt / EBITDA
Leverage against operating earnings
-0.42x
0.32x
Cash and equivalents
Liquid reserves on the balance sheet
$126.84B
$54.70B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
$51.08B
$103.03B
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe GOOGL can sustain its 15.1% revenue growth while maintaining its margin advantage over AAPL, then a modestly bullish relative-value position makes sense because GOOGL already trades at a lower P/E of 29.0x versus AAPL’s 36.4x and offers 8.7% implied upside.
GOOGL’s current price of $362.43 sits below the P/E-implied value of $393.94, implying 8.7% upside. The gap is supported by GOOGL’s lower P/E multiple than AAPL, but the picture is less compelling on revenue-based valuation because P/S is essentially in line.
Supporting Metrics