What if you invested $1,000 in Alphabet (Google) in 2004? (Inflation-Adjusted)
GOOGL · Technology · Adjusted to 2026 dollars using BLS CPI-U data
View nominal (non-adjusted) versionA $1,000 investment in Alphabet (Google) in 2004 grew to $112,938 in nominal terms. But 2004 dollars had 78% more purchasing power than today. After adjusting for cumulative inflation using BLS CPI-U data, the real value of that growth works out to $63,448 in constant 2004 dollars, equivalent to a +20.6% real annualized return.
Nominal final value
$112,938
+11,194% total return
Real value (2004 dollars)
$63,448
+6244.8% real total return
Real annualized return
+20.6%
vs. +23.7% nominal annualized
Year-by-Year (Inflation-Adjusted)
$1,000 in Alphabet (Google) since 2004, values in constant 2004 dollars
| Year | Nominal Value | Real Value (2004 $) |
|---|---|---|
| 2004 | $1,000 | $1,000 |
| 2005 | $1,911 | $1,846 |
| 2006 | $4,226 | $3,965 |
| 2007 | $4,899 | $4,459 |
| 2008 | $5,512 | $4,831 |
| 2009 | $3,307 | $2,917 |
| 2010 | $5,177 | $4,450 |
| 2011 | $5,865 | $4,843 |
| 2012 | $5,667 | $4,584 |
| 2013 | $7,382 | $5,847 |
| 2014 | $11,536 | $9,009 |
| 2015 | $10,492 | $8,193 |
| 2016 | $14,860 | $11,437 |
| 2017 | $16,008 | $12,051 |
| 2018 | $23,074 | $16,852 |
| 2019 | $21,974 | $15,678 |
| 2020 | $27,964 | $19,638 |
| 2021 | $35,665 | $23,844 |
| 2022 | $52,816 | $32,342 |
| 2023 | $38,582 | $22,759 |
| 2024 | $54,688 | $31,338 |
| 2025 | $79,928 | $44,903 |
| 2026 | $132,935 | $74,682 |
Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2004 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.