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Amazon AMZN Price / sales

Price / sales at other companies

International Business Machines logo
International Business MachinesIBM
3.3×-0.4×
Lowe's Companies logo
Lowe's CompaniesLOW
1.5×0.0×
Walmart
 logo
Walmart WMT
1.4×+0.3×
TJX Companies logo
TJX CompaniesTJX
2.8×+0.3×
Apple logo
AppleAAPL
8.3×-0.1×
Best Buy logo
Best BuyBBY
0.3×0.0×

Other financials

Income statement

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Revenue$181.52B+16.6%
Gross profit$94.1B+19.5%
Operating income$23.9B+29.6%
Net income$30.3B+76.6%
EPS (diluted)$2.78+74.8%

Balance sheet

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Cash & equivalents$101.82B+53.8%
Total debt$232.71B+52.2%
Total equity$441.91B+44.5%
Total assets$916.63B+42.5%

Cash flow

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Operating cash flow$26.0B+53.0%
CapEx$44.2B+76.7%
Free cash flow-$18.2B-127%

Valuation

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Market cap$2.55T+10.9%
Enterprise value$2.69T+12.5%
P/E32.3×-2.6×

Profitability

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Gross margin50.6%+1.4pp
Operating margin11.5%+0.5pp
Net margin10.6%+0.5pp

Returns & leverage

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Return on equity21.1%-4.1pp
Debt / equity0.5×0.0×
Current ratio1.2×+0.1×

Where this comes from

Calculated from Amazon’s reported figures.

Based on the most recent quarter.

The official record: Amazon’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Amazon's price / sales?
Amazon (AMZN) reported price / sales of 3× in Q1 2026.
How has Amazon's price / sales changed year-over-year?
Amazon's price / sales decreased by 2.9% year-over-year, from 3.1× to 3×.
What is the long-term trend for Amazon's price / sales?
Over 4 years (2021 to 2025), Amazon's price / sales has grown at a -2.8% compound annual growth rate (CAGR), from 14.9× to 13.3×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.