Amazon.com, Inc. AMZN

Business rating

Price rating

$231.23Price on 18 Sept

$269.52 +16.6%Fair value estimate

Income statement

currency values in millions of USD

Strong long-term growth and margin expansion, but net-income volatility from one-offs and cost swings makes fundamentals mixed.

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
Revenue	637,959	574,785	513,983	469,822	386,064	280,522	232,887	177,866	135,987	107,006
Cost of Revenue	326,288	304,739	288,831	272,344	233,307	165,536	139,156	111,934	88,265	71,651
Gross Profit	311,671	270,046	225,152	197,478	152,757	114,986	93,731	65,932	47,722	35,355
Selling, General & Admin	55,266	56,186	54,129	41,374	28,676	24,081	18,150	13,743	9,665	7,001
Research & Development	88,544	85,622	73,213	56,052	42,740	35,931	28,837	22,620	16,085	12,540
Selling & Marketing	43,907	44,370	42,238	32,551	22,008	18,878	13,814	10,069	7,233	5,254
General & Administrative	11,359	11,816	11,891	8,823	6,668	5,203	4,336	3,674	2,432	1,747
Other Operating Expenses	99,268	91,386	85,562	75,173	58,442	40,433	34,323	25,463	17,786	13,581
Operating Expenses	243,078	233,194	212,904	172,599	129,858	100,445	81,310	61,826	43,536	33,122
Operating Income	68,593	36,852	12,248	24,879	22,899	14,541	12,421	4,106	4,186	2,233
Interest Income	4,677	2,949	989	448	555	832	440	202	100	50
Interest Expense	2,406	3,182	2,367	1,809	1,647	1,600	1,417	848	484	459
Net Interest Income	2,271	-233	-1,378	-1,361	-1,092	-768	-977	-646	-384	-409
Total Net Other Income	21	705	-18,184	13,272	1,279	-565	-1,160	-300	-294	-665
Pretax Income	68,614	37,557	-5,936	38,151	24,178	13,976	11,261	3,806	3,892	1,568
Income Tax	9,265	7,120	-3,217	4,791	2,863	2,374	1,197	769	1,425	950
Net Inc. Continuing Ops.	59,248	30,425	-2,722	33,364	21,331	11,588	10,073	3,033	2,371	596
Net Inc. Discontinued Ops.	0	0	0	0	0	0	0	0	0	0
Other Adj. to Net Income	0	0	0	0	0	0	0	0	0	0
Net Income	59,248	30,425	-2,722	33,364	21,331	11,588	10,073	3,033	2,371	596
Shares Outstanding (Basic)	10,473	10,304	10,189	10,120	10,000	9,880	9,740	9,600	9,480	9,340
Shares Outstanding (Diluted)	10,721	10,492	10,189	10,300	10,200	10,080	10,000	9,860	9,680	9,540
EBITDA	123,815	89,402	38,352	74,393	51,005	37,365	28,019	16,132	12,492	8,308
Depreciation & Amortization	52,795	48,663	41,921	34,433	25,180	21,789	15,341	11,478	8,116	6,281
EBIT	71,020	40,739	-3,569	39,960	25,825	15,576	12,678	4,654	4,376	2,027
Effective Tax Rate	13.50%	18.96%	54.19%	12.56%	11.84%	16.99%	10.63%	20.20%	36.61%	60.59%
Revenue Per Share	60.91	55.78	50.44	46.43	38.61	28.39	23.91	18.53	14.34	11.46
Net Income Per Share	5.66	2.95	-0.27	3.30	2.13	1.17	1.03	0.32	0.25	0.06
Earnings Per Share (Diluted)	5.53	2.90	-0.27	3.24	2.09	1.15	1.01	0.31	0.25	0.06
Gross Margin	48.85%	46.98%	43.81%	42.03%	39.57%	40.99%	40.25%	37.07%	35.09%	33.04%
EBITDA Margin	19.41%	15.55%	7.46%	15.83%	13.21%	13.32%	12.03%	9.07%	9.19%	7.76%
EBIT Margin	11.13%	7.09%	-0.69%	8.51%	6.69%	5.55%	5.44%	2.62%	3.22%	1.89%
Operating Margin	10.75%	6.41%	2.38%	5.30%	5.93%	5.18%	5.33%	2.31%	3.08%	2.09%
Profit Margin	9.29%	5.29%	-0.53%	7.10%	5.53%	4.13%	4.33%	1.71%	1.74%	0.56%
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.