Reseach the last two years of financial statements for Alphabet Inc.

http://financials.morningstar.com/ratios/r.html?t=GOOG

2006-12	2007-12	2008-12	2009-12	2010-12	2011-12	2012-12	2013-12	2014-12	2015-12	TTM
Revenue USD Mil	10,605	16,594	21,796	23,651	29,321	37,905	46,039	55,519	66,001	74,989	85,537
Gross Margin %	60.2	59.9	60.4	62.6	64.5	65.2	62.7	60.4	61.1	62.4	61.8
Operating Income USD Mil	3,550	5,084	6,632	8,312	10,381	11,742	13,834	15,403	16,496	19,360	22,457
Operating Margin %	33.5	30.6	30.4	35.1	35.4	31.0	30.0	27.7	25.0	25.8	26.3
Net Income USD Mil	3,077	4,204	4,227	6,520	8,505	9,737	10,737	12,733	14,136	16,348	19,068
Earnings Per Share USD	4.97	6.65	6.66	10.21	13.17	14.89	16.16	18.79	20.57	22.84	27.33
Dividends USD
Payout Ratio % *
Shares Mil	618	632	634	638	646	654	665	678	687	693	696
Book Value Per Share * USD									145.08	169.12	194.57
Operating Cash Flow USD Mil	3,581	5,775	7,853	9,316	11,081	14,565	16,619	18,659	22,376	26,024	32,684
Cap Spending USD Mil	-1,903	-2,403	-2,358	-810	-4,018	-3,438	-3,273	-7,358	-10,959	-9,915	-9,201
Free Cash Flow USD Mil	1,678	3,373	5,494	8,506	7,063	11,127	13,346	11,301	11,417	16,109	23,483
Free Cash Flow Per Share * USD									16.92	21.15
Working Capital USD Mil	11,735	15,254	17,876	26,419	31,566	43,845	46,117	56,978	63,880	70,804

* Indicates calendar year-end data information

Key Ratios

• Profitability
• Growth
• Cash Flow
• Financial Health
• Efficiency Ratios

Margins % of Sales	2006-12	2007-12	2008-12	2009-12	2010-12	2011-12	2012-12	2013-12	2014-12	2015-12	TTM
Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
COGS	39.84	40.07	39.56	37.39	35.53	34.79	37.31	39.61	38.93	37.56	38.19
Gross Margin	60.16	59.93	60.44	62.61	64.47	65.21	62.69	60.39	61.07	62.44	61.81
SG&A	15.10	16.52	17.20	15.44	16.24	19.29	19.43	19.79	21.18	20.25	19.38
R&D	11.59	12.78	12.82	12.02	12.83	13.62	13.21	12.86	14.90	16.38	16.18
Other						1.32
Operating Margin	33.48	30.64	30.43	35.14	35.40	30.98	30.05	27.74	24.99	25.82	26.25
Net Int Inc & Other	4.35	3.55	-3.57	0.29	1.42	1.54	1.38	0.89	1.16	0.39	0.04
EBT Margin	37.82	34.19	26.86	35.44	36.82	32.52	31.43	28.64	26.15	26.21	26.30

Profitability	2006-12	2007-12	2008-12	2009-12	2010-12	2011-12	2012-12	2013-12	2014-12	2015-12	TTM
Tax Rate %	23.28	25.91	27.79	22.20	21.22	21.00	19.41	15.74	19.30	16.81	15.23
Net Margin %	29.02	25.33	19.39	27.57	29.01	25.69	21.40	21.60	21.88	21.10	22.29
Asset Turnover (Average)	0.74	0.76	0.76	0.65	0.60	0.58	0.60	0.58	0.55	0.54	0.56
Return on Assets %	21.41	19.19	14.80	18.05	17.30	14.93	12.91	12.62	11.93	11.36	12.54
Financial Leverage (Average)	1.08	1.12	1.13	1.12	1.25	1.25	1.31	1.27	1.25	1.23	1.19
Return on Equity %	23.26	21.16	16.60	20.30	20.68	18.66	16.54	16.25	15.06	14.08	15.23
Return on Invested Capital %	20.87	19.08	15.49	19.74	18.05	15.89	14.66	14.52	13.77	12.82	14.01
Interest Coverage						213.52	160.36	175.65	171.88	189.95	193.25

Then write a financial analysis that applies financial theories, methods, and analytical tools, including capital structure and financial statement ratio analysis.