Amazon AMZN Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 199.1%+6.2pp | 192.9%+9.4pp | 183.5%+11.9pp | 171.6%+7.6pp | |
| Operating margin | 44.6%+7.0pp | 37.5%+20.5pp | 17%+4.8pp | 12.2%-12.6pp | |
| Net margin | 40.9%+9.9pp | 31.1%— | —— | —— | |
| Returns | |||||
| Return on equity | 93.3%+4.2pp | 89.1%— | —— | —— | |
| Return on invested capital | 65.9%+2.4pp | 63.5%+31.9pp | 31.7%+5.1pp | 26.6%-29.8pp | |
| Efficiency | |||||
| Asset turnover | 4.2×-0.4× | 4.6×-0.1× | 4.8×-0.2× | 5×-0.7× | |
| Liquidity | |||||
| Current ratio | 4.1×-0.2× | 4.3×+0.4× | 3.9×+0.1× | 3.8×-0.7× | |
| Leverage | |||||
| Debt-to-equity | 1.8×-0.6× | 2.5×-1.1× | 3.6×-0.7× | 4.3×+0.1× | |
| Net debt / EBITDA | 2.7×-0.2× | 2.9×-3.1× | 6×-1.9× | 7.9×+1.8× | |
| Per Share | |||||
| Book value per share | $131.28+40.9% | $93.20+37.8% | $67.64+25.9% | $53.73-77.4% | |
| Valuation | |||||
| Market capitalization | $9.08T+11.5% | $8.15T+54.4% | $5.28T+11.2% | $4.75T-28.8% | |
| Price / earnings | 130.6×-42.6× | 173.1×— | —— | —— | |
| Price / sales | 13.3×0.0× | 13.3×+3.7× | 9.6×-0.1× | 9.7×-5.3× | |
| Price / book | 25.7×-7.1× | 32.8×+3.0× | 29.7×-5.1× | 34.8×-21.6× | |
| EV / EBITDA | 70.5×-7.6× | 78.1×-3.6× | 81.7×-14.2× | 95.9×-24.3× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Amazon's profit margins?
- Amazon (AMZN) runs a 50.6% gross margin and a 11.5% operating margin, with a 10.6% net margin.
- Where do Amazon's ratios come from?
- Every ratio is computed from Amazon's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
