Alphabet Inc.
$4.07T- Market cap
- $4.15T
- Debt
- +$51.08B
- Cash
- −$126.84B
Capital structure 99% equity / 1% debt · EV / Revenue 10.10x · EV / EBITDA 22.61x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $4.15T · View financials
Snapshot Sep 8, 2026, 1:59 PM ET
Decision snapshot: GOOGL stock price at premium vs ADP $338.95 current versus $265.91 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 ADP's multiple
Implied fair value · at GOOGL's multiple
Snapshot Sep 8, 2026, 1:59 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Premium justified
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: GOOGL FY 2025 (ended Dec 31, 2025) · ADP FY 2026 (ended Jun 30, 2026). Fiscal years are not aligned.
Trendline
Seven 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 10.10x · EV / EBITDA 22.61x
Capital structure 96% equity / 4% debt · EV / Revenue 4.90x · EV / EBITDA 15.35x
GOOGL carries the larger enterprise value at $4.07T against $107.64B; ADP trades on the lower EV / Revenue multiple (4.90x vs 10.10x); ADP on the lower EV / EBITDA (15.35x vs 22.61x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Alphabet Inc. · implied price per share
Bear
$101.71
Base
$124.15
Bull
$141.60
AUTOMATIC DATA PROCESSING, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
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
0.82x
Net debt / EBITDA
Leverage against operating earnings
-0.42x
0.10x
Cash and equivalents
Liquid reserves on the balance sheet
$126.84B
$4.23B
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
$4.97B
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe GOOGL can sustain its 15.1% revenue growth and 32.8% net margin, then hold or add selectively because its operating quality is much stronger than ADP even though the current valuation is still below the model-implied price.
GOOGL trades at 29.0x P/E versus ADP at 25.0x, but it also has materially stronger growth and profitability, which helps explain part of the premium. Even so, the implied price of $270.26 sits 24.5% below the current price of $357.75, while the stock remains above ADP implied range midpoint and near the upper end of its historical band.
Supporting Metrics