GOOGL
Alphabet Inc.
GOOGL has the edge over MANU overall, supported by stronger fundamentals and stronger modeled upside.
MANU
Manchester United plc
MANU's outlook is improving, though it still trails on the overall score.
GOOGL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Under pressure | |
| Healthy |
GOOGL's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
MANU Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Weak | |
| Stable |
MANU's revenue is currently healthy, and its balance sheet is stable, but its profitability and cash flow are under pressure.
GOOGL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 16x | $299 | — |
| Cheap | 20x | $378 | +27% |
| Forward | 22x | $299 | — |
| Fair | 26x | $497 | +66% |
| Expensive | 31x | $586 | +96% |
Historical ranges are pointers, not guarantees.
GOOGL's PE is in its cheap range at 16x, but its recent earnings include one-off gains. On analysts' estimates for next year's earnings, today's price would be 22x.
MANU PE Valuation
MANU has no meaningful PE right now: it lost money over the past year.
GOOGL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for GOOGL, but weaker profitability.
MANU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
MANU has the edge over GOOGL on the outlook, with more favorable profitability expectations.
GOOGL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.89 | -28% |
| Q3 2026 | $19.16 | +89% |
| Q2 2026 | $19.91 | +112% |
| Q1 2026 | $13.11 | +46% |
| Q4 2025 | $10.81 | +34% |
| Q3 2025 | $10.13 | +34% |
| Q2 2025 | $9.38 | +35% |
| Q1 2025 | $8.96 | +37% |
| Q4 2024 | $8.04 | +39% |
GOOGL has the edge over MANU on earnings quality, reporting a profit while its opponent remains loss making.
MANU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.34 | -$0.09 |
| Q1 2026 | -$0.14 | +$0.38 |
| Q4 2025 | -$0.07 | +$1.00 |
| Q3 2025 | -$0.31 | +$0.38 |
| Q2 2025 | -$0.25 | +$0.67 |
| Q1 2025 | -$0.52 | +$0.13 |
| Q4 2024 | -$1.07 | -$0.95 |
| Q3 2024 | -$0.69 | -$0.46 |
MANU is still losing money, but far less than before: $0.34 per share over the past year, against $1.24 at its worst in early 2022.
GOOGL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $127.6B | +25% |
| Q2 2026 | $119.8B | +24% |
| Q1 2026 | $109.9B | +22% |
| Q4 2025 | $113.8B | +18% |
| Q3 2025 | $102.3B | +16% |
| Q2 2025 | $96.4B | +14% |
| Q1 2025 | $90.2B | +12% |
| Q4 2024 | $96.5B | +12% |
GOOGL has the edge over MANU on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | +1.3 points |
| Q2 2026 | 34% | +1.6 points |
| Q1 2026 | 36% | +2.2 points |
| Q4 2025 | 32% | -0.5 points |
| Q3 2025 | 31% | -1.8 points |
| Q2 2025 | 32% | +0.1 points |
| Q1 2025 | 34% | +2.3 points |
| Q4 2024 | 32% | +4.6 points |
GOOGL has the edge over MANU on profitability, with a higher operating margin.
MANU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $211.2M | -0.6% |
| Q1 2026 | $252.1M | +21% |
| Q4 2025 | $249.9M | -7.7% |
| Q3 2025 | $187.2M | +1.2% |
| Q2 2025 | $212.5M | +13% |
| Q1 2025 | $207.9M | +13% |
| Q4 2024 | $270.7M | -8.2% |
| Q3 2024 | $184.9M | -15% |
MANU's revenue fell from its 2023 peak and has held roughly level since: $211M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -12% | -5.4 points |
| Q1 2026 | 5.4% | +4.7 points |
| Q4 2025 | 8.6% | +0.2 points |
| Q3 2025 | -19% | +0.7 points |
| Q2 2025 | -6.6% | +14 points |
| Q1 2025 | 0.7% | +28 points |
| Q4 2024 | 8.5% | -7.8 points |
| Q3 2024 | -20% | -2.4 points |
MANU's operating margin was −12% last quarter, down 5.4 points from the same quarter a year ago.
GOOGL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$9.1B | -137% |
| Q2 2026 | -$5.9B | -210% |
| Q1 2026 | $10.1B | -47% |
| Q4 2025 | $24.6B | -1.2% |
| Q3 2025 | $24.5B | +39% |
| Q2 2025 | $5.3B | -61% |
| Q1 2025 | $19B | +13% |
| Q4 2024 | $24.8B | +215% |
GOOGL has the edge over MANU on cash generation, producing positive trailing cash flow while its opponent burns cash.
MANU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $131M | +9.9% |
| Q1 2026 | -$20.1M | +$20.6M |
| Q4 2025 | -$88.9M | +$4.5M |
| Q3 2025 | -$240.6M | -$40.1M |
| Q2 2025 | $119.3M | -25% |
| Q1 2025 | -$40.7M | +$8.1M |
| Q4 2024 | -$93.3M | +$19.8M |
| Q3 2024 | -$200.5M | -$41.2M |
MANU has burned cash in most quarters: −$219M over the past year, against −$215M the year before.
GOOGL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +59M shares |
| 1 year | +1.4% | +165M shares |
| 3 years | -1.2% | -148M shares |
| 5 years | -6.8% | -907M shares |
| Available history | -10% | -1.4B shares |
GOOGL has 12.4B diluted shares, up 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $5.5B |
| Q3 2025 | $11.5B |
| Q2 2025 | $13.6B |
| Q1 2025 | $15.1B |
| Q4 2024 | $15.6B |
GOOGL spent $5.5B buying back its own shares over the past year, down 90% from the year before.
MANU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | +81K shares |
| 3 years | +5.7% | +9.4M shares |
| 5 years | +5.8% | +9.5M shares |
| Available history | +4.7% | +7.7M shares |
MANU has the edge over GOOGL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
MANU hasn't bought back shares in the past year.
GOOGL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.0x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
GOOGL has the edge over MANU on leverage, with a lower net debt burden relative to earnings.
MANU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.4x | Moderate |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.8x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 2.5x | Moderate |
| Q1 2025 | 3.5x | Elevated |
| Q4 2024 | 6.1x | High |
| Q3 2024 | 3.5x | Elevated |
MANU's net debt is about 2.4 years of its operating earnings (EBITDA), about the same as a year ago.
GOOGL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 11.7 | Oversold |
GOOGL's weekly RSI is 40 (neutral) and its Stochastic is 12 (oversold).
MANU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.5 | Neutral |
| Stochastic | 57.7 | Neutral |
MANU's weekly RSI is 61 (neutral) and its Stochastic is 58 (neutral).
GOOGL PE vs Communication Services Sector
| Metric | GOOGL | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 6% below |
| PE % | 1 | 26 | 25 pts below |
GOOGL is trading at 16x earnings, in line with the Communication Services sector's median of 16x, though its recent earnings include one-off gains.
MANU PE vs Communication Services Sector
| Metric | MANU | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
MANU has no meaningful PE right now: it lost money over the past year.
GOOGL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $320.4 | 6.8% below |
| 20 week MA | $336.1 | 11% below |
| 50 week MA | $334.5 | 11% below |
| 100 week MA | $267.8 | 12% above |
| 200 week MA | $204.7 | 46% above |
GOOGL has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 46% above its 200-week average.
MANU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.1 | 8.5% above |
| 20 week MA | $21.7 | 5.3% above |
| 50 week MA | $19.5 | 17% above |
| 100 week MA | $17.7 | 29% above |
| 200 week MA | $18.3 | 25% above |
MANU has the edge over GOOGL on trend strength, trading above more of its moving averages.
GOOGL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $67.7 | $86.7 | +28% |
| 2021 | $86.7 | $146.9 | +69% |
| 2022 | $146.9 | $89.2 | -39% |
| 2023 | $89.2 | $139.7 | +57% |
| 2024 | $139.7 | $192.8 | +38% |
| 2025 | $192.8 | $313.5 | +63% |
| 2026 YTD | $313.5 | $298.7 | -4.7% |
GOOGL has finished higher in five of the last six years, three of them by more than 50%. It's down 4.7% so far in 2026.
MANU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.8 | $16.6 | -16% |
| 2021 | $16.6 | $14.2 | -14% |
| 2022 | $14.2 | $22.5 | +58% |
| 2023 | $22.5 | $20.4 | -9.3% |
| 2024 | $20.4 | $17.0 | -17% |
| 2025 | $17.0 | $15.9 | -6.8% |
| 2026 YTD | $15.9 | $22.8 | +44% |
MANU has the edge over GOOGL on returns for 2026, with the stronger performance.