GOOGL
Alphabet Inc.
GOOGL trails on the overall score without a compensating advantage in the available component scores.
WMG
Warner Music Group Corp.
WMG has the edge over GOOGL overall, supported by stronger valuation and stronger fundamentals.
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.
WMG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Stable |
WMG's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
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.
WMG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 18x | $31.67 | — |
| Current | 25x | $31.67 | — |
| Cheap | 31x | $39.57 | +25% |
| Fair | 36x | $46.67 | +47% |
| Expensive | 44x | $57.23 | +81% |
Historical ranges are pointers, not guarantees.
WMG has the edge over GOOGL in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
WMG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
WMG has the edge over GOOGL on the outlook, with more favorable valuation and 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 WMG on earnings, with more consistent year-over-year improvement.
WMG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.72 | +33% |
| Q2 2026 | $1.29 | +126% |
| Q1 2026 | $0.87 | +1.2% |
| Q4 2025 | $0.59 | -39% |
| Q3 2025 | $0.70 | -15% |
| Q2 2025 | $0.57 | -45% |
| Q1 2025 | $0.86 | -16% |
| Q4 2024 | $0.97 | +6.6% |
| Q3 2024 | $0.82 | -3.5% |
WMG earned $1.29 per share over the past year, up 126% from the year before.
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 WMG 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 WMG on profitability, with a higher operating margin.
WMG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.9B | +10% |
| Q1 2026 | $1.7B | +17% |
| Q4 2025 | $1.8B | +10% |
| Q3 2025 | $1.9B | +15% |
| Q2 2025 | $1.7B | +8.7% |
| Q1 2025 | $1.5B | -0.7% |
| Q4 2024 | $1.7B | -4.7% |
| Q3 2024 | $1.6B | +2.8% |
WMG's revenue has grown year over year for five quarters in a row: $1.9B last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 16% | +6.3 points |
| Q1 2026 | 16% | +4.3 points |
| Q4 2025 | 18% | +4.9 points |
| Q3 2025 | 7.7% | -1.1 points |
| Q2 2025 | 10% | -3.3 points |
| Q1 2025 | 11% | +3.4 points |
| Q4 2024 | 13% | -7.4 points |
| Q3 2024 | 8.8% | -4.6 points |
WMG's operating margin was 16% last quarter, up 6.3 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 usually generates cash, though not every quarter: the latest was −$9.1B, but it generated $19.7B over the past year.
WMG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $114M | +1529% |
| Q1 2026 | $107M | +$153M |
| Q4 2025 | $390M | +32% |
| Q3 2025 | $203M | -1.9% |
| Q2 2025 | $7M | -96% |
| Q1 2025 | -$46M | +$34M |
| Q4 2024 | $296M | +44% |
| Q3 2024 | $207M | -13% |
WMG has the edge over GOOGL on cash flow, with more consistent year-over-year improvement.
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.
WMG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +5.4M shares |
| 1 year | +0.6% | +3.2M shares |
| 3 years | +1.6% | +8.5M shares |
| 5 years | +2% | +10.1M shares |
| Available history | +4.5% | +22.4M shares |
WMG has the edge over GOOGL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $48M |
| Q1 2026 | $22M |
| Q4 2025 | $26M |
| Q3 2025 | $13M |
| Q2 2025 | $1M |
| Q1 2025 | $17M |
| Q4 2024 | $2M |
| Q3 2024 | — |
WMG spent $109M buying back its own shares over the past year, about five times what it spent the year before.
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 WMG on leverage, with a lower net debt burden relative to earnings.
WMG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.0x | Moderate |
| Q1 2026 | 3.6x | Elevated |
| Q4 2025 | 4.2x | High |
| Q3 2025 | 4.0x | Elevated |
| Q2 2025 | 4.3x | High |
| Q1 2025 | 3.5x | Elevated |
| Q4 2024 | 3.0x | Moderate |
| Q3 2024 | 3.3x | Elevated |
WMG's net debt is about 3.0 years of its operating earnings (EBITDA), down from 4.3 years 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).
WMG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.0 | Neutral |
| Stochastic | 80.8 | Overbought |
WMG's weekly RSI is 60 (neutral) and its Stochastic is 81 (overbought).
GOOGL PE vs Communication Services Sector
| Metric | GOOGL | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 6% below |
| PE % | 1 | 26 | 25 pts below |
GOOGL has the edge over WMG on valuation relative to its sector.
WMG PE vs Communication Services Sector
| Metric | WMG | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 16x | 49% above |
| PE % | 2 | 25 | 23 pts below |
WMG is trading at 25x earnings, a 49% premium to the Communication Services sector's median of 16x.
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.
WMG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 6.2% above |
| 20 week MA | $28.5 | 11% above |
| 50 week MA | $28.9 | 9.6% above |
| 100 week MA | $29.9 | 6% above |
| 200 week MA | $30.8 | 2.9% above |
WMG 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.
WMG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.9 | $37.5 | +25% |
| 2021 | $37.5 | $43.5 | +16% |
| 2022 | $43.5 | $35.6 | -18% |
| 2023 | $35.6 | $35.8 | +0.5% |
| 2024 | $35.8 | $31.5 | -12% |
| 2025 | $31.5 | $30.0 | -4.8% |
| 2026 YTD | $30.0 | $31.7 | +5.7% |
WMG has the edge over GOOGL on returns for 2026, with the stronger performance.