Amazon.com, Inc. — AMZN
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $233.61 | $2.49T | 35.7 | 38.0 | 17.6% | 18.4% | - | 7.5 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $386.1B | $21.3B | $2.13 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $469.8B | $33.4B | $3.30 | 21.7% | 56.4% | 54.7% |
| 2 | 2022-12-31 | $514.0B | $-2.7B | $-0.27 | 9.4% | -108.2% | -108.2% |
| 3 | 2023-12-31 | $574.8B | $30.4B | $2.95 | 11.8% | -1217.7% | -1192.6% |
| 4 | 2024-12-31 | $638.0B | $59.2B | $2.95 | 11.0% | 94.7% | 0.0% |
| 5 | TTM 2025-03-31 | $650.3B | $65.9B | $6.14 | 1.9% | 11.3% | 108.1% |
| 6 | Average | 11.2% | -232.7% | -227.6% |
EPS
Forecasts
Y/Y % Change
AMZN Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 21.7% | 9.4% | 11.8% | 11.0% | 10.9% | 10.3% | 12.5% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 15 | 15 | |
| EPS Growth (%) | 56.4% | -108.2% | -1217.7% | 94.7% | 21.1% | 12.2% | -190.2% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 16 | 16 |
Expenses
| Year | Revenue ($) | 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 |
| TTM | $670.0B | $279.1B | $44.9B | $11.2B | $56.1B | $58.6B |
| 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 |
| TTM | 5.03 | 2.05 | 2.29 | -1.67 | 1.47 | 10.92 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-09-05 14:55 UTC — Values are shown in a single scale for this table: $B. TTM values are bold. “% of Total (TTM)” shows revenue mix.
| Segment | 2022 Rev ($B) | 2022 OI ($B) | 2023 Rev ($B) | 2023 OI ($B) | 2024 Rev ($B) | 2024 OI ($B) | TTM Rev ($B) | TTM OI ($B) | % of Total (TTM) |
|---|---|---|---|---|---|---|---|---|---|
| Service | 271B | 0.00B | 319B | 0.00B | 366B | 0.00B | 401B | 0.00B | 29.1% |
| Product | 243B | 0.00B | 256B | 0.00B | 272B | 0.00B | 289B | 0.00B | 20.9% |
| Online Stores | 220B | 0.00B | 232B | 0.00B | 247B | 0.00B | 262B | 0.00B | 19.0% |
| Third Party Seller Services | 118B | 0.00B | 140B | 0.00B | 156B | 0.00B | 166B | 0.00B | 12.1% |
| Amazon Web Services | 80.1B | 0.00B | 90.8B | 0.00B | 108B | 0.00B | 121B | 0.00B | 8.8% |
| Advertising | 37.7B | 0.00B | 46.9B | 0.00B | 56.2B | 0.00B | 56.2B | 0.00B | 4.1% |
| Subscription Services | 35.2B | 0.00B | 40.2B | 0.00B | 44.4B | 0.00B | 48.1B | 0.00B | 3.5% |
| Physical Stores | 19.0B | 0.00B | 20.0B | 0.00B | 21.2B | 0.00B | 22.3B | 0.00B | 1.6% |
| Advertising Services | – | – | – | – | – | – | 7.94B | 0.00B | 0.6% |
| Other Services | 4.25B | 0.00B | 4.96B | 0.00B | 5.42B | 0.00B | 5.95B | 0.00B | 0.4% |
SEGMENTS v2025-09-09 · 2025-09-05 14:55 UTC — Values are shown in a single scale for this table: $B. TTM values are bold. “% of Total (TTM)” shows revenue mix.
| Segment | 2022 Rev ($B) | 2022 OI ($B) | 2023 Rev ($B) | 2023 OI ($B) | 2024 Rev ($B) | 2024 OI ($B) | TTM Rev ($B) | TTM OI ($B) | % of Total (TTM) |
|---|---|---|---|---|---|---|---|---|---|
| North America | 316B | -2.85B | 353B | 14.9B | 387B | 25.0B | 414B | 30.7B | 72.8% |
| International | 118B | -7.75B | 131B | -2.66B | 143B | 3.79B | 155B | 6.35B | 27.2% |
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $643,256M |
| 1 | Cash | $66,207M |
| 2 | Total Liabilities | $337,389M |
| 3 | Total Debt | $133,245M |
| 4 | Total Equity | $305,867M |
| 5 | Debt to Equity Ratio | 0.44 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $209.69 | 4.4% | Nicks Growth: 20% Nick's Expected Margin: 5% FINVIZ Growth: 17% |
Nicks: 43 Finviz: 33 |
Nick's: 2.135 | 3.4 | 34.2 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $6.14 EPS | TTM | $262.23 | 25.1% | $205.40 | -2.0% |
| $6.22 EPS | 2025 | $265.65 | 26.7% | $208.08 | -0.8% |
| $7.18 EPS | 2026 | $306.65 | 46.2% | $240.19 | 14.5% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 17.78% | 18.13% | 17.71% | 18.16% | 0.52% | 0.31% | 17.36% | 18.55% | 25.9% | 93.1% |
| 3 Years | 17.78% | 18.13% | 17.71% | 18.16% | 0.52% | 0.31% | 17.36% | 18.55% | 25.9% | 93.1% |
| 5 Years | 17.78% | 18.13% | 17.71% | 18.16% | 0.52% | 0.31% | 17.36% | 18.55% | 25.9% | 93.1% |
| 10 Years | 17.78% | 18.13% | 17.71% | 18.16% | 0.52% | 0.31% | 17.36% | 18.55% | 25.9% | 93.1% |