Amazon.com, Inc. — AMZN

Close PriceMarket CapP/E RatioForward P/E RatioImplied Growth*Implied Forward Growth*DividendP/B Ratio
$270.64$2.91T31.327.416.5%15.1%-6.6

Latest Headlines

Revenue & Net Income

Revenue & Net Income
Date Revenue Net_Income EPS Last_Updated Revenue_Change Net_Income_Change EPS_Change
0 2020-12-31 $386,064M $21,331M $2.13 2024-02-03 03:17:10 N/A N/A N/A
1 2021-12-31 $469,822M $33,364M $-0.27 2026-02-09 08:39:22 21.7% 56.4% -112.7%
2 2022-12-31 $513,983M $-2,722M $-0.27 2026-05-29 09:04:42 9.4% -108.2% 0.0%
3 2023-12-31 $574,785M $30,425M $2.95 2026-05-29 09:04:42 11.8% -1217.7% -1192.6%
4 2024-12-31 $637,959M $59,248M $5.66 2026-05-29 09:04:42 11.0% 94.7% 91.9%
5 2025-12-31 $716,924M $77,670M $7.29 2026-05-29 09:04:42 12.4% 31.1% 28.8%
6 TTM 2026-03-31 $742,776M $90,798M $8.66 2026-05-01 08:37:34 3.6% 16.9% 18.8%

EPS

EPS

Forecasts

Revenue/Net Income Forecast EPS Forecast

Y/Y % Change

Revenue YoY Change EPS YoY Change
YoY Growth Rates

AMZN Year-over-Year Growth

  2020 2021 2022 2023 2024 2025 2026 2027 Average
Revenue Growth (%) 21.7% 9.4% 11.8% 11.0% 12.4% 14.8% 12.9% 13.4%
Revenue Analysts (#) 0 0 0 0 0 0 61 62
EPS Growth (%) 56.4% -108.2% -1217.7% 94.7% 31.1% 19.7% 14.0% -158.6%
EPS Analysts (#) 0 0 0 0 0 0 58 56

Forward Estimate History

How the next-FY EPS and revenue estimates have drifted over time. One line per fiscal year – past lines end when that FY became current.

Forward EPS projection history by FY Forward revenue projection history by FY

Expenses

Revenue vs Expenses
Year Revenue ($) Cost of Revenue ($) Sales & Marketing ($) G&A ($) SG&A ($) Facilities / D&A ($)
2021 $469.8B $237.9B $32.6B $8.8B $41.4B $34.4B
2022 $514.0B $246.9B $42.2B $11.9B $54.1B $41.9B
2023 $574.8B $256.1B $44.4B $11.8B $56.2B $48.7B
2024 $638.0B $273.5B $43.9B $11.4B $55.3B $52.8B
2025 $716.9B $290.7B $47.1B $11.2B $58.3B $65.8B
TTM $742.8B $296.5B $47.7B $11.1B $58.8B $70.4B
Expenses % of Revenue
Year Revenue Change (%) Cost of Revenue Change (%) Sales & Marketing Change (%) G&A Change (%) SG&A Change (%) Facilities / D&A Change (%)
2022 9.40 3.78 29.76 34.77 30.83 21.75
2023 11.83 3.71 5.05 -0.63 3.80 16.08
2024 10.99 6.80 -1.04 -3.87 -1.64 8.49
2025 12.38 6.28 7.34 -1.65 5.49 24.55
TTM 3.61 2.00 1.17 -0.37 0.87 7.12
No unmapped expenses.

Segment Performance

axis1_AMZN_Service.png axis1_AMZN_Product.png axis1_AMZN_Online_Stores.png axis1_AMZN_Third_Party_Seller_Services.png axis1_AMZN_Amazon_Web_Services.png axis1_AMZN_Subscription_Services.png axis1_AMZN_Physical_Stores.png axis1_AMZN_Other_Services.png axis1_AMZN_Advertising.png
SEGMENTS v2025-09-09 · 2026-05-29 09:04 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
Year Services Rev Prod Rev Online Stores Rev Third Party Seller Services Rev Amazon Web Services Rev Subscription Services Rev Physical Stores Rev Other Services Rev Advertising Rev Total Rev
2023 318.9B 255.9B 231.9B 140.1B 90.8B 40.2B 20B 4.96B 46.9B 1149.6B
2024 365.6B 272.3B 247B 156.1B 107.6B 44.4B 21.2B 5.42B 56.2B 1275.9B
2025 420.7B 296.3B 269.3B 172.2B 128.7B 49.6B 22.6B 5.93B 68.6B 1433.8B
TTM 988.2B 703.9B 638B 406.4B 303.1B 119.1B 55.1B 14.3B 3228.1B
% of Total (TTM) 30.6% 21.8% 19.8% 12.6% 9.4% 3.7% 1.7% 0.4% 100%

Segment Performance (Axis 2)

axis2_AMZN_North_America.png axis2_AMZN_International.png
SEGMENTS v2025-09-09 · 2026-05-29 09:04 UTC — Units: $T. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
Year North America Rev North America OI International Rev International OI Total Rev Total OI
2023 0.35T 0.01T 0.13T -0.00T 0.48T 0.01T
2024 0.39T 0.02T 0.14T 0.00T 0.53T 0.03T
2025 0.43T 0.03T 0.16T 0.00T 0.59T 0.03T
TTM 1.01T 0.07T 0.38T 0.01T 1.39T 0.08T
% of Total (TTM) 72.8% 27.2% 100%

Balance Sheet

Balance Sheet
  Metric Value
0 Total Assets $916,630M
1 Cash $101,816M
2 Total Liabilities $474,716M
3 Total Debt $209,888M
4 Total Equity $441,914M
5 Debt to Equity Ratio 0.47

EPS & Dividend

EPS & Dividend

Valuation

Valuation
Share Price Treasury Yield Estimates Fair Value (P/E) Fair Value (P/S) Current P/S Current P/E
$270.64 4.5% Nicks Growth: 20%
Nick's Expected Margin: 5%
FINVIZ Growth: 22%
Nicks: 42
Finviz: 49
Nick's: 2.121 3.9 31.3
Basis Year Nicks Valuation Nicks vs Share Price Finviz Valuation Finviz vs Share Price
$8.66 EPS TTM $367.37 35.7% $420.81 55.5%
$8.65 EPS 2026 $366.79 35.5% $420.14 55.2%
$9.86 EPS 2027 $418.24 54.5% $479.08 77.0%

Implied Growth

Implied Growth
Average Median Std Dev Current Percentile
TTM Forward TTM Forward TTM Forward TTM Forward TTM Forward
Timeframe
1 Year 16.92% 16.31% 16.99% 17.49% 0.87% 2.21% 16.66% 15.22% 28.7% 34.2%
3 Years 16.92% 16.31% 16.99% 17.49% 0.87% 2.21% 16.66% 15.22% 28.7% 34.2%
5 Years 16.92% 16.31% 16.99% 17.49% 0.87% 2.21% 16.66% 15.22% 28.7% 34.2%
10 Years 16.92% 16.31% 16.99% 17.49% 0.87% 2.21% 16.66% 15.22% 28.7% 34.2%

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