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Amazon AMZN Free cash flow margin

Free cash flow margin at other companies

Target logo
TargetTGT
2.8%-0.5pp
Walmart
 logo
Walmart WMT
1.7%-0.2pp
Apple logo
AppleAAPL
29.3%+5.7pp
Microsoft logo
MicrosoftMSFT
20.2%-5.2pp
eBay logo
eBayEBAY
20.6%+3.5pp
Netflix logo
NetflixNFLX
23.1%+2.7pp

Other financials

Income statement

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Revenue$200.61B+19.6%
Gross profit$104.83B+20.6%
Operating income$27.5B+43.2%
Net income$62.6B+245%
EPS (diluted)$5.75+242%

Balance sheet

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Cash & equivalents$78.2B+35.5%
Total debt$128.89B-16.6%
Total equity$551.62B+65.3%
Total assets$1.10T+60.6%

Cash flow

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Operating cash flow$45.4B+39.6%
CapEx-$54.2B-268%
Free cash flow-$8.8B-2,757%

Valuation

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Market cap$2.92T+29.4%
Enterprise value$2.97T+26.3%
P/E23.6×-8.3×
P/S3.8×+0.4×

Profitability

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Gross margin50.8%+1.2pp
Operating margin12.1%+0.7pp
Net margin15.9%+5.4pp

Returns & leverage

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Return on equity27.9%+3.1pp
Debt / equity0.2×-0.2×
Current ratio0.0×

Where this comes from

Calculated from Amazon’s reported figures.

Based on trailing twelve months.

The source filing: Amazon’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 4:06 PM EDT
Accession
0001018724-26-000024

FAQ

What is Amazon's free cash flow margin?
Amazon (AMZN) reported free cash flow margin of 0.2% in Q2 2026.
How has Amazon's free cash flow margin changed year-over-year?
Amazon's free cash flow margin decreased by 90.5% year-over-year, from 2% to 0.2%.
What is the long-term trend for Amazon's free cash flow margin?
Over 3 years (2020 to 2025), Amazon's free cash flow margin has grown at a -24.4% compound annual growth rate (CAGR), from 6.7% to 2.9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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