Alphabet Inc.GOOG

Where GOOG's FCF Yield sits inside its own 10-year distribution, with the yearly high, low and average.

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GOOG FCF Yield: current value, 10-year range and year-by-year history

1.3%Near historic low

GOOG's fcf yield is lower than 95% of the last 10 years.

FCF Yield History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
GOOG FCF Yield historyGOOG FCF Yield from Sep 2023 to Sep 2026: low 1.15%, high 4.95%, latest 1.31%.0.85%1.95%3.05%4.15%5.25%Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med 2.88%

GOOG FCF Yield by year

Yearly range of GOOG’s fcf yield from 2016 to 2026. Over the full period it ranged from 1.2% to 5.7%, averaging 3.4%.

GOOG FCF Yield — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.2%1.6%2.2%1.3%
20251.9%2.9%4.2%1.9%
20242.3%3.1%4.2%3.1%
20233.8%4.5%5.3%4.3%
20223.4%4.4%5.7%5.4%
20212.9%3.2%3.6%3.4%
20202.6%3.1%4.2%3.6%
20192.6%3.2%3.6%3.3%
20182.4%2.9%3.4%3.2%
20173.2%4.0%4.8%3.3%
20163.7%4.3%4.6%4.4%

Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.

FormulaFree Cash Flow / Market Cap × 100%
Full guide
How to read this chart

Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.

Key caveats
  • FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
  • Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.

Is GOOG FCF Yield High or Low Right Now?

Alphabet Inc.'s FCF Yield is currently 1.3%, which is near historic low relative to its 10-year historical range. The 10-year median FCF Yield for GOOG is approximately 3.3%. See all GOOG valuation metrics →

Pro — up to 30-year history

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