Amazon.com, Inc. — AMZN
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $244.41 | $2.61T | 34.5 | 39.7 | 17.3% | 18.9% | - | 7.1 |
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 | $6.14 | 1.9% | 11.3% | 108.1% |
| 6 | Average | 11.2% | -232.7% | -227.6% |
EPS
Forecasts
Y/Y % Change
AMZN Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 21.7% | 9.4% | 11.8% | 11.0% | 11.8% | 11.2% | 12.8% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 15 | 15 | |
| EPS Growth (%) | 56.4% | -108.2% | -1217.7% | 94.7% | 29.0% | 9.9% | -189.3% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 16 | 16 |
Expenses
| Year | Revenue ($) | 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 · 2025-11-10 08:17 UTC — Units: $B. 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 | Services Rev | Services OI | Prod Rev | Prod OI | Online Stores Rev | Online Stores OI | Third Party Seller Services Rev | Third Party Seller Services OI | Amazon Web Services Rev | Amazon Web Services OI | Advertising Rev | Advertising OI | Subscription Services Rev | Subscription Services OI | Physical Stores Rev | Physical Stores OI | Advertising Services Rev | Advertising Services OI | Other Services Rev | Other Services OI | Total Rev | Total OI |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 271.1B | 0.00B | 242.9B | 0.00B | 220B | 0.00B | 117.7B | 0.00B | 80.1B | 0.00B | 37.7B | 0.00B | 35.2B | 0.00B | 19B | 0.00B | – | – | 4.25B | 0.00B | 1028B | 0.00B |
| 2023 | 318.9B | 0.00B | 255.9B | 0.00B | 231.9B | 0.00B | 140.1B | 0.00B | 90.8B | 0.00B | 46.9B | 0.00B | 40.2B | 0.00B | 20B | 0.00B | – | – | 4.96B | 0.00B | 1149.6B | 0.00B |
| 2024 | 365.6B | 0.00B | 272.3B | 0.00B | 247B | 0.00B | 156.1B | 0.00B | 107.6B | 0.00B | 56.2B | 0.00B | 44.4B | 0.00B | 21.2B | 0.00B | – | – | 5.42B | 0.00B | 1275.9B | 0.00B |
| TTM | 417.7B | 0.00B | 295B | 0.00B | 267.9B | 0.00B | 171.5B | 0.00B | 127.5B | 0.00B | 56.2B | 0.00B | 49.3B | 0.00B | 22.6B | 0.00B | 11.8B | 0.00B | 5.92B | 0.00B | 1425.2B | 0.00B |
| % of Total (TTM) | 29.3% | — | 20.7% | — | 18.8% | — | 12.0% | — | 8.9% | — | 3.9% | — | 3.5% | — | 1.6% | — | 0.8% | — | 0.4% | — | 100% | — |
SEGMENTS v2025-09-09 · 2025-11-10 08:17 UTC — Units: $B. 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 |
|---|---|---|---|---|---|---|
| 2022 | 315.9B | -2.85B | 118B | -7.75B | 433.9B | -10.6B |
| 2023 | 352.8B | 14.9B | 131.2B | -2.66B | 484B | 12.2B |
| 2024 | 387.5B | 25B | 142.9B | 3.79B | 530.4B | 28.8B |
| TTM | 425.5B | 26.5B | 159.6B | 4.92B | 585.1B | 31.5B |
| % of Total (TTM) | 72.7% | — | 27.3% | — | 100% | — |
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $682,170M |
| 1 | Cash | $57,741M |
| 2 | Total Liabilities | $348,395M |
| 3 | Total Debt | $133,939M |
| 4 | Total Equity | $333,775M |
| 5 | Debt to Equity Ratio | 0.40 |
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 | 17.51% | 18.08% | 17.45% | 18.11% | 0.53% | 0.41% | 17.27% | 18.89% | 32.4% | 97.2% |
| 3 Years | 17.51% | 18.08% | 17.45% | 18.11% | 0.53% | 0.41% | 17.27% | 18.89% | 32.4% | 97.2% |
| 5 Years | 17.51% | 18.08% | 17.45% | 18.11% | 0.53% | 0.41% | 17.27% | 18.89% | 32.4% | 97.2% |
| 10 Years | 17.51% | 18.08% | 17.45% | 18.11% | 0.53% | 0.41% | 17.27% | 18.89% | 32.4% | 97.2% |