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Amazon.com, Inc. (AMZN) 10-Year Financial Performance & Capital Metrics

AMZN • • Industrial / General
Consumer CyclicalSpecialty RetailE-commerce MarketplacesGeneral E-commerce Platforms
AboutAmazon.com, Inc. engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). Its products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, Blink, eero, and Echo; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products in its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program. The company serves consumers, sellers, developers, enterprises, content creators, and advertisers. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.Show more
  • Revenue $637.96B +11.0%
  • EBITDA $121.39B +41.9%
  • Net Income $59.25B +94.7%
  • EPS (Diluted) 5.53 +90.7%
  • Gross Margin 48.85% +4.0%
  • EBITDA Margin 19.03% +27.9%
  • Operating Margin 10.75% +67.7%
  • Net Margin 9.29% +75.5%
  • ROE 24.29% +38.9%
  • ROIC 17.09% +53.4%
  • Debt/Equity 0.46 -31.9%
  • Interest Coverage 28.51 +146.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 38.6%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 17.9%
  • ✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y21.77%
5Y17.86%
3Y10.74%
TTM11.48%

Profit (Net Income) CAGR

10Y-
5Y38.59%
3Y21.1%
TTM53.37%

EPS CAGR

10Y-
5Y36.9%
3Y19.51%
TTM51.61%

ROCE

10Y Avg11.12%
5Y Avg11.29%
3Y Avg10.72%
Latest16.97%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SESea Limited70.97B129.86177.8928.75%6.23%12.35%4.17%0.49
AMZNAmazon.com, Inc.2.59T242.6043.8710.99%11.06%20.69%1.27%0.46
LQDTLiquidity Services, Inc.971.59M31.7136.4531.2%5.89%13.82%6.07%0.07
ETSYEtsy, Inc.6.08B61.5726.202.18%6.38%12.15%
CARTInstacart (Maplebear Inc.)10.84B41.2826.1311.05%14.15%14.86%5.75%0.01
EBAYeBay Inc.42.66B94.3723.951.69%20.37%46.24%4.59%1.52
PDDPDD Holdings Inc.159.45B112.321.4859.04%24.43%26.13%75.86%0.03
VIPSVipshop Holdings Limited7.71B18.581.29-3.93%6.53%16.84%72.16%0.08

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+107.01B135.99B177.87B232.89B280.52B386.06B469.82B513.98B574.78B637.96B
Revenue Growth %0.2%0.27%0.31%0.31%0.2%0.38%0.22%0.09%0.12%0.11%
Cost of Goods Sold+71.65B88.27B111.93B139.16B165.54B233.31B272.34B288.83B304.74B326.29B
COGS % of Revenue0.67%0.65%0.63%0.6%0.59%0.6%0.58%0.56%0.53%0.51%
Gross Profit+35.35B47.72B65.93B93.73B114.99B152.76B197.48B225.15B270.05B311.67B
Gross Margin %0.33%0.35%0.37%0.4%0.41%0.4%0.42%0.44%0.47%0.49%
Gross Profit Growth %0.35%0.35%0.38%0.42%0.23%0.33%0.29%0.14%0.2%0.15%
Operating Expenses+33.12B43.54B61.83B81.31B100.44B129.86B172.6B212.9B233.19B243.08B
OpEx % of Revenue0.31%0.32%0.35%0.35%0.36%0.34%0.37%0.41%0.41%0.38%
Selling, General & Admin7B9.66B13.74B18.15B24.08B28.68B41.37B54.13B56.19B55.27B
SG&A % of Revenue0.07%0.07%0.08%0.08%0.09%0.07%0.09%0.11%0.1%0.09%
Research & Development12.54B16.09B22.62B28.84B35.93B42.74B56.05B73.21B85.62B88.54B
R&D % of Revenue0.12%0.12%0.13%0.12%0.13%0.11%0.12%0.14%0.15%0.14%
Other Operating Expenses13.58B17.79B25.46B34.32B40.43B58.44B75.17B85.56B91.39B99.27B
Operating Income+2.23B4.35B4.11B12.42B14.54B22.9B24.88B12.25B36.85B68.59B
Operating Margin %0.02%0.03%0.02%0.05%0.05%0.06%0.05%0.02%0.06%0.11%
Operating Income Growth %11.54%0.95%-0.06%2.03%0.17%0.57%0.09%-0.51%2.01%0.86%
EBITDA+8.51B12.47B15.58B27.76B36.33B48.08B59.31B54.17B85.52B121.39B
EBITDA Margin %0.08%0.09%0.09%0.12%0.13%0.12%0.13%0.11%0.15%0.19%
EBITDA Growth %0.73%0.46%0.25%0.78%0.31%0.32%0.23%-0.09%0.58%0.42%
D&A (Non-Cash Add-back)6.28B8.12B11.48B15.34B21.79B25.18B34.43B41.92B48.66B52.8B
EBIT2.03B4.38B4.65B12.68B15.58B25.82B39.96B-3.57B40.74B71.02B
Net Interest Income+-409M-384M-646M-977M-768M-1.09B-1.36B-1.38B-233M2.27B
Interest Income50M100M202M440M832M555M448M989M2.95B4.68B
Interest Expense459M484M848M1.42B1.6B1.65B1.81B2.37B3.18B2.41B
Other Income/Expense-687M-557M-300M-1.15B-579M1.29B13.27B-18.18B705M-80M
Pretax Income+1.55B3.8B3.8B11.27B13.96B24.19B38.15B-5.94B37.56B68.51B
Pretax Margin %0.01%0.03%0.02%0.05%0.05%0.06%0.08%-0.01%0.07%0.11%
Income Tax+950M1.43B769M1.2B2.37B2.86B4.79B-3.22B7.12B9.27B
Effective Tax Rate %0.39%0.62%0.8%0.89%0.83%0.88%0.87%0.46%0.81%0.86%
Net Income+596M2.37B3.03B10.07B11.59B21.33B33.36B-2.72B30.43B59.25B
Net Margin %0.01%0.02%0.02%0.04%0.04%0.06%0.07%-0.01%0.05%0.09%
Net Income Growth %3.47%2.98%0.28%2.32%0.15%0.84%0.56%-1.08%12.18%0.95%
Net Income (Continuing)596M2.37B3.03B10.07B11.59B21.33B33.36B-2.72B30.43B59.25B
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+0.060.250.311.011.152.093.24-0.272.905.53
EPS Growth %3.4%3%0.24%2.26%0.14%0.82%0.55%-1.08%11.74%0.91%
EPS (Basic)0.060.250.321.031.172.133.30-0.272.955.66
Diluted Shares Outstanding9.54B9.68B9.86B10B10.08B10.2B10.3B10.19B10.49B10.72B
Basic Shares Outstanding9.34B9.48B9.6B9.74B9.88B10B10.12B10.19B10.3B10.47B
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+35.7B45.78B60.2B75.1B96.33B132.73B161.58B146.79B172.35B190.87B
Cash & Short-Term Investments19.81B25.98B30.99B41.25B55.02B84.4B96.05B70.03B86.78B101.2B
Cash Only15.89B19.33B20.52B31.75B36.09B42.12B36.22B53.89B73.39B78.78B
Short-Term Investments3.92B6.65B10.46B9.5B18.93B42.27B59.83B16.14B13.39B22.42B
Accounts Receivable5.65B8.34B13.16B16.68B20.82B24.54B32.89B42.36B52.25B55.45B
Days Sales Outstanding19.2922.3827.0126.1427.0823.225.5530.0833.1831.73
Inventory10.24B11.46B16.05B17.17B20.5B23.8B32.64B34.41B33.32B34.21B
Days Inventory Outstanding52.1847.3952.3345.0545.237.2343.7443.4839.9138.27
Other Current Assets0000000000
Total Non-Current Assets+29.04B37.62B71.11B87.55B128.91B188.46B258.97B315.88B355.5B434.03B
Property, Plant & Equipment21.84B29.11B48.87B61.8B97.85B150.67B216.36B252.84B276.69B328.81B
Fixed Asset Turnover4.90x4.67x3.64x3.77x2.87x2.56x2.17x2.03x2.08x1.94x
Goodwill3.76B3.78B13.35B14.55B14.75B15.02B15.37B20.29B22.79B23.07B
Intangible Assets992M854M3.37B4.11B4.05B4.98B5.11B6.1B7.69B8.6B
Long-Term Investments0000000000
Other Non-Current Assets2.45B3.87B5.53B7.09B12.27B17.8B22.13B36.66B48.34B73.55B
Total Assets+64.75B83.4B131.31B162.65B225.25B321.19B420.55B462.68B527.85B624.89B
Asset Turnover1.65x1.63x1.35x1.43x1.25x1.20x1.12x1.11x1.09x1.02x
Asset Growth %0.19%0.29%0.57%0.24%0.38%0.43%0.31%0.1%0.14%0.18%
Total Current Liabilities+33.89B43.82B57.88B68.39B87.81B126.39B142.27B155.39B164.92B179.43B
Accounts Payable20.4B25.31B34.62B38.19B47.18B72.54B78.66B79.6B84.98B94.36B
Days Payables Outstanding103.91104.66112.88100.18104.04113.48105.43100.59101.79105.56
Short-Term Debt0000000000
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities0000000000
Current Ratio1.05x1.04x1.04x1.10x1.10x1.05x1.14x0.94x1.05x1.06x
Quick Ratio0.75x0.78x0.76x0.85x0.86x0.86x0.91x0.72x0.84x0.87x
Cash Conversion Cycle-32.44-34.88-33.54-28.99-31.76-53.06-36.13-27.03-28.7-35.56
Total Non-Current Liabilities+17.48B20.3B45.72B50.71B75.38B101.41B140.04B161.24B161.06B159.49B
Long-Term Debt8.23B7.69B24.74B23.5B23.41B31.82B48.74B67.15B58.31B52.62B
Capital Lease Obligations5.95B7.52B13.18B9.65B39.79B52.57B67.65B72.97B77.3B78.28B
Deferred Tax Liabilities1.34B1.79B1.99B2.39B000000
Other Non-Current Liabilities1.96B3.3B5.8B15.18B12.17B17.02B23.64B21.12B25.45B28.59B
Total Liabilities51.36B64.12B103.6B119.1B163.19B227.79B282.3B316.63B325.98B338.92B
Total Debt+14.18B15.21B37.93B33.15B63.2B84.39B116.39B140.12B135.61B130.9B
Net Debt-1.72B-4.12B17.4B1.4B27.11B42.27B80.17B86.23B62.22B52.12B
Debt / Equity1.06x0.79x1.37x0.76x1.02x0.90x0.84x0.96x0.67x0.46x
Debt / EBITDA1.66x1.22x2.43x1.19x1.74x1.76x1.96x2.59x1.59x1.08x
Net Debt / EBITDA-0.20x-0.33x1.12x0.05x0.75x0.88x1.35x1.59x0.73x0.43x
Interest Coverage4.86x8.99x4.84x8.77x9.09x13.90x13.75x5.17x11.58x28.51x
Total Equity+13.38B19.29B27.71B43.55B62.06B93.4B138.25B146.04B201.88B285.97B
Equity Growth %0.25%0.44%0.44%0.57%0.43%0.51%0.48%0.06%0.38%0.42%
Book Value per Share1.401.992.814.356.169.1613.4214.3319.2426.67
Total Shareholders' Equity13.38B19.29B27.71B43.55B62.06B93.4B138.25B146.04B201.88B285.97B
Common Stock5M5M5M5M5M5M106M108M109M111M
Retained Earnings2.54B4.92B8.64B19.63B31.22B52.55B85.92B83.19B113.62B172.87B
Treasury Stock-1.84B-1.84B-1.84B-1.84B-1.84B-1.84B-1.84B-7.84B-7.84B-7.84B
Accumulated OCI-723M-985M-484M-1.03B-986M-180M-1.38B-4.49B-3.04B-34M
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+12.04B17.2B18.36B30.72B38.51B66.06B46.33B46.75B84.95B115.88B
Operating CF Margin %0.11%0.13%0.1%0.13%0.14%0.17%0.1%0.09%0.15%0.18%
Operating CF Growth %0.76%0.43%0.07%0.67%0.25%0.72%-0.3%0.01%0.82%0.36%
Net Income596M2.37B3.03B10.07B11.59B21.33B33.36B-2.72B30.43B59.25B
Depreciation & Amortization6.28B8.12B11.48B15.34B21.79B25.25B34.3B41.92B48.66B52.8B
Stock-Based Compensation2.12B2.98B4.21B5.42B6.86B9.21B12.76B19.62B24.02B22.01B
Deferred Taxes81M-246M-29M441M796M-554M-310M-8.15B-5.88B-4.65B
Other Non-Cash Items-5.82B-10.66B-90M493M-85M-2.65B-14.17B16.97B-748M2.01B
Working Capital Changes2.56B3.85B-242M-1.04B-2.44B13.48B-19.61B-20.89B-11.54B-15.54B
Change in Receivables-1.75B-3.44B-4.78B-4.62B-7.68B-8.17B-9.14B-8.62B-8.35B-3.25B
Change in Inventory-2.19B-1.43B-3.58B-1.31B-3.28B-2.85B-9.49B-2.59B1.45B-1.88B
Change in Payables4.29B5.03B7.1B3.26B8.19B17.48B3.6B2.94B5.47B2.97B
Cash from Investing+-6.45B-9.52B-27.08B-12.37B-24.28B-59.61B-58.15B-37.6B-49.83B-94.34B
Capital Expenditures-5.39B-7.8B-11.96B-13.43B-16.86B-40.14B-61.05B-63.65B-52.73B-83B
CapEx % of Revenue0.05%0.06%0.07%0.06%0.06%0.1%0.13%0.12%0.09%0.13%
Acquisitions----------
Investments----------
Other Investing798M1.07B1.9B2.1B4.17B5.1B5.66B5.32B4.6B5.34B
Cash from Financing+-3.88B-3.72B9.93B-7.69B-10.07B-1.1B6.29B9.72B-15.88B-11.81B
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing0000000000
Net Change in Cash----------
Free Cash Flow+6.65B9.4B6.41B17.3B21.65B25.92B-14.73B-16.89B32.22B32.88B
FCF Margin %0.06%0.07%0.04%0.07%0.08%0.07%-0.03%-0.03%0.06%0.05%
FCF Growth %2.41%0.41%-0.32%1.7%0.25%0.2%-1.57%-0.15%2.91%0.02%
FCF per Share0.700.970.651.732.152.54-1.43-1.663.073.07
FCF Conversion (FCF/Net Income)20.20x7.26x6.06x3.05x3.32x3.10x1.39x-17.18x2.79x1.96x
Interest Paid478M496M647M1.43B1.56B1.63B1.77B2.14B3.11B2.36B
Taxes Paid273M412M957M1.18B881M1.71B3.69B6.04B11.18B12.31B

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)4.94%14.52%12.91%28.27%21.95%27.44%28.81%-1.92%17.49%24.29%
Return on Invested Capital (ROIC)16.47%24.33%10.22%20.69%16.26%15.28%10.54%4.08%11.14%17.09%
Gross Margin33.04%35.09%37.07%40.25%40.99%39.57%42.03%43.81%46.98%48.85%
Net Margin0.56%1.74%1.71%4.33%4.13%5.53%7.1%-0.53%5.29%9.29%
Debt / Equity1.06x0.79x1.37x0.76x1.02x0.90x0.84x0.96x0.67x0.46x
Interest Coverage4.86x8.99x4.84x8.77x9.09x13.90x13.75x5.17x11.58x28.51x
FCF Conversion20.20x7.26x6.06x3.05x3.32x3.10x1.39x-17.18x2.79x1.96x
Revenue Growth20.25%27.08%30.8%30.93%20.45%37.62%21.7%9.4%11.83%10.99%

Revenue by Segment

2015201620172018201920202021202220232024
Online Stores-91.43B108.35B122.99B141.25B197.35B222.07B220B231.87B247.03B
Online Stores Growth--18.51%13.50%14.85%39.72%12.53%-0.93%5.39%6.54%
Third-Party Seller Services-22.99B31.88B42.74B53.76B80.46B103.37B117.72B140.05B156.15B
Third-Party Seller Services Growth--38.66%34.08%25.77%49.66%28.47%13.88%18.98%11.49%
Amazon Web Services7.88B12.22B17.46B25.66B35.03B45.37B62.2B80.1B90.76B107.56B
Amazon Web Services Growth-55.06%42.88%46.94%36.53%29.53%37.10%28.77%13.31%18.51%
Advertising Services------31.16B37.74B46.91B56.21B
Advertising Services Growth-------21.11%24.29%19.84%
Subscription Services-6.39B9.72B14.17B19.21B25.21B31.77B35.22B40.21B44.37B
Subscription Services Growth--52.03%45.75%35.59%31.22%26.03%10.86%14.17%10.36%
Physical Stores--5.8B17.22B17.19B16.23B17.07B18.96B20.03B21.21B
Physical Stores Growth---197.07%-0.19%-5.61%5.23%11.06%5.63%5.92%
Other Services-2.95B4.65B10.11B14.09B21.45B2.18B4.25B4.96B5.42B
Other Services Growth--57.73%117.24%39.35%52.31%-89.86%95.17%16.74%9.42%
Electronics And Other General Merchandise75.6B---------
Electronics And Other General Merchandise Growth----------
Media22.51B---------
Media Growth----------
Other Non Retail1.02B---------
Other Non Retail Growth----------

Revenue by Geography

2015201620172018201920202021202220232024
North America63.71B90.35B120.49B160.15B193.64B263.52B314.01B356.11B395.64B438.01B
North America Growth-41.82%33.36%32.92%20.91%36.09%19.16%13.41%11.10%10.71%
International35.42B11.15B17.15B24.51B31.13B46.03B63.51B69.8B81.97B93.83B
International Growth--68.53%53.87%42.90%27.00%47.90%37.95%9.92%17.43%14.48%
GERMANY-14.15B16.95B19.88B22.23B29.57B37.33B33.6B37.59B40.86B
GERMANY Growth--19.81%17.29%11.83%32.98%26.25%-9.99%11.88%8.69%
UNITED KINGDOM-9.55B11.37B14.52B17.53B26.48B31.91B30.07B33.59B37.85B
UNITED KINGDOM Growth--19.12%27.72%20.68%51.10%20.51%-5.77%11.69%12.69%
JAPAN-10.8B11.91B13.83B16B20.46B23.07B24.4B26B27.4B
JAPAN Growth--10.28%16.14%15.71%27.87%12.76%5.74%6.58%5.38%
Amazon Web Services7.88B---------
Amazon Web Services Growth----------

Frequently Asked Questions

Valuation & Price

Amazon.com, Inc. (AMZN) has a price-to-earnings (P/E) ratio of 43.9x. This suggests investors expect higher future growth.

Growth & Financials

Amazon.com, Inc. (AMZN) reported $691.33B in revenue for fiscal year 2024. This represents a 1338% increase from $48.08B in 2011.

Amazon.com, Inc. (AMZN) grew revenue by 11.0% over the past year. This is steady growth.

Yes, Amazon.com, Inc. (AMZN) is profitable, generating $76.48B in net income for fiscal year 2024 (9.3% net margin).

Dividend & Returns

Amazon.com, Inc. (AMZN) has a return on equity (ROE) of 24.3%. This is excellent, indicating efficient use of shareholder capital.

Amazon.com, Inc. (AMZN) generated $10.56B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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