Amazon.com, Inc. AMZN

Business rating

Price rating

$231.23Price on 18 Sept

$269.52 +16.6%Fair value estimate

Cash flow statement

currency values in millions of USD

Strong operating cash generation, solid liquidity and manageable debt, with planned capex driving FCF swings rather than structural weakness.

Fiscal Year	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period Ending	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31
Net Income	59,248	30,425	-2,722	33,364	21,331	11,588	10,073	3,033	2,371	596
Depreciation & Amortization	52,795	48,663	41,921	34,296	25,251	21,789	15,341	11,478	8,116	6,281
Stock-Based Compensation	22,011	24,023	19,621	12,757	9,208	6,864	5,418	4,215	2,975	2,119
Change in Working Capital	-15,541	-11,541	-20,886	-19,611	13,481	-2,438	-1,043	-173	13,892	8,666
Accounts Receivables	-3,249	-8,348	-21,897	-18,163	-8,169	-7,681	-4,615	-4,786	-3,367	-1,755
Inventory	-1,884	1,449	-2,592	-9,487	-2,849	-3,278	-1,314	-3,583	-1,426	-2,187
Accounts Payables	2,972	5,473	2,945	3,602	17,480	8,193	3,263	7,175	5,030	4,294
Other Working Capital	-13,380	-10,115	658	4,437	7,019	328	1,623	1,021	13,655	8,314
Other Non-Cash Items	2,012	-748	16,966	-14,169	-2,653	-85	493	-90	-10,665	-5,823
Operating Cash Flow	115,877	84,946	46,752	46,327	66,064	38,514	30,723	18,434	16,443	11,920
Investments in PP&E	-82,999	-52,729	-63,645	-61,053	-40,140	-16,861	-13,427	-11,955	-6,737	-4,589
Capital Expenditure	-82,999	-52,729	-63,645	-61,053	-40,140	-16,861	-13,427	-11,955	-6,737	-4,589
Acquisitions	-7,082	-5,839	-8,316	-1,985	-2,325	-2,461	-2,186	-13,972	-116	-795
Purchases of Investments	-26,005	-1,488	-2,565	-60,157	-72,479	-31,812	-7,100	-13,777	-7,756	-4,091
Sales/Maturities of Investments	16,403	5,627	31,601	59,384	50,237	22,681	8,240	9,988	4,733	3,025
Other Investing Activities	5,341	4,596	5,324	5,657	5,096	4,172	2,104	1,897	-1,596	-268
Investing Cash Flow	-94,342	-49,833	-37,601	-58,154	-59,611	-24,281	-12,369	-27,819	-9,876	-6,450
Net Debt Issuance	-11,812	-15,879	15,718	6,291	-1,104	-10,066	-7,686	9,928	-3,716	-3,882
Long-Term Net Debt Issuance	-11,894	-8,331	11,719	6,088	-1,723	-10,066	-7,686	9,928	-3,716	-3,882
Short-Term Net Debt Issuance	82	-7,548	3,999	203	619	-116	73	0	0	0
Net Stock Issuance	0	0	-6,000	0	0	0	0	0	0	0
Net Common Stock Issuance	0	0	-6,000	0	0	0	0	0	0	0
Common Stock Issuance	0	0	0	0	0	0	0	0	0	0
Common Stock Repurchased	0	0	-6,000	0	0	0	0	0	0	0
Net Preferred Stock Issuance	0	0	0	0	0	0	0	0	0	0
Net Dividends Paid	0	0	0	0	0	0	0	0	0	0
Common Dividends Paid	0	0	0	0	0	0	0	0	0	0
Preferred Dividends Paid	0	0	0	0	0	0	0	0	0	0
Other Financing Activities	0	0	0	0	0	0	0	0	805	119
Financing Cash Flow	-11,812	-15,879	9,718	6,291	-1,104	-10,066	-7,686	9,860	-2,911	-3,763
Effect of Forex Changes on Cash	-1,301	403	-1,093	-364	618	70	-351	713	-212	-374
Cash at Beginning of Period	73,890	54,253	36,477	42,377	36,410	32,173	21,856	19,334	15,890	14,557
Cash at End of Period	82,312	73,890	54,253	36,477	42,377	36,410	32,173	20,522	19,334	15,890
Net Cash Flow	8,422	19,637	17,776	-5,900	5,967	4,237	10,317	1,188	3,444	1,333
Free Cash Flow	32,878	32,217	-16,893	-14,726	25,924	21,653	17,296	6,479	9,706	7,331
Cash Interest Paid	2,364	3,112	2,142	1,772	1,630	1,561	1,429	647	496	478
Cash Income Taxes Paid	12,308	11,179	6,035	3,688	1,713	881	1,184	957	412	273
All data is from our financial data partners, who compile data from SEC filings. Data errors are possible. If you spot one, please let us know.