AMAZON.COM INC (AMZN) Fundamental Analysis & Valuation

NASDAQ:AMZN • US0231351067

Current stock price

211.71 USD
+4.47 (+2.16%)
At close:
210.9 USD
-0.81 (-0.38%)
After Hours:

This AMZN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. AMZN Profitability Analysis

1.1 Basic Checks

  • In the past year AMZN was profitable.
  • In the past year AMZN had a positive cash flow from operations.
  • Of the past 5 years AMZN 4 years were profitable.
  • AMZN had a positive operating cash flow in each of the past 5 years.
AMZN Yearly Net Income VS EBIT VS OCF VS FCFAMZN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50B 100B

1.2 Ratios

  • With an excellent Return On Assets value of 9.49%, AMZN belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
  • The Return On Equity of AMZN (18.89%) is better than 83.33% of its industry peers.
  • AMZN has a better Return On Invested Capital (11.12%) than 76.67% of its industry peers.
  • AMZN had an Average Return On Invested Capital over the past 3 years of 10.81%. This is above the industry average of 8.76%.
  • The 3 year average ROIC (10.81%) for AMZN is below the current ROIC(11.12%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 9.49%
ROE 18.89%
ROIC 11.12%
ROA(3y)8.25%
ROA(5y)6.42%
ROE(3y)18.23%
ROE(5y)15.39%
ROIC(3y)10.81%
ROIC(5y)8.68%
AMZN Yearly ROA, ROE, ROICAMZN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20

1.3 Margins

  • Looking at the Profit Margin, with a value of 10.83%, AMZN belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
  • AMZN's Profit Margin has improved in the last couple of years.
  • AMZN has a better Operating Margin (11.16%) than 86.67% of its industry peers.
  • In the last couple of years the Operating Margin of AMZN has grown nicely.
  • Looking at the Gross Margin, with a value of 50.29%, AMZN is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of AMZN has grown nicely.
Industry RankSector Rank
OM 11.16%
PM (TTM) 10.83%
GM 50.29%
OM growth 3Y62.56%
OM growth 5Y13.47%
PM growth 3YN/A
PM growth 5Y14.42%
GM growth 3Y4.71%
GM growth 5Y4.91%
AMZN Yearly Profit, Operating, Gross MarginsAMZN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. AMZN Health Analysis

2.1 Basic Checks

  • AMZN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, AMZN has more shares outstanding
  • Compared to 5 years ago, AMZN has more shares outstanding
  • The debt/assets ratio for AMZN has been reduced compared to a year ago.
AMZN Yearly Shares OutstandingAMZN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B
AMZN Yearly Total Debt VS Total AssetsAMZN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200B 400B 600B 800B

2.2 Solvency

  • AMZN has an Altman-Z score of 4.92. This indicates that AMZN is financially healthy and has little risk of bankruptcy at the moment.
  • AMZN has a Altman-Z score of 4.92. This is in the better half of the industry: AMZN outperforms 80.00% of its industry peers.
  • AMZN has a debt to FCF ratio of 8.53. This is a slightly negative value and a sign of low solvency as AMZN would need 8.53 years to pay back of all of its debts.
  • The Debt to FCF ratio of AMZN (8.53) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.16 indicates that AMZN is not too dependend on debt financing.
  • AMZN's Debt to Equity ratio of 0.16 is fine compared to the rest of the industry. AMZN outperforms 73.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 8.53
Altman-Z 4.92
ROIC/WACC1.22
WACC9.14%
AMZN Yearly LT Debt VS Equity VS FCFAMZN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100B 200B 300B 400B

2.3 Liquidity

  • AMZN has a Current Ratio of 1.05. This is a normal value and indicates that AMZN is financially healthy and should not expect problems in meeting its short term obligations.
  • AMZN's Current ratio of 1.05 is on the low side compared to the rest of the industry. AMZN is outperformed by 83.33% of its industry peers.
  • A Quick Ratio of 0.88 indicates that AMZN may have some problems paying its short term obligations.
  • AMZN's Quick ratio of 0.88 is on the low side compared to the rest of the industry. AMZN is outperformed by 73.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.05
Quick Ratio 0.88
AMZN Yearly Current Assets VS Current LiabilitesAMZN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. AMZN Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 29.66% over the past year.
  • Measured over the past years, AMZN shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.98% on average per year.
  • AMZN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.38%.
  • AMZN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.18% yearly.
EPS 1Y (TTM)29.66%
EPS 3Y94.86%
EPS 5Y27.98%
EPS Q2Q%4.84%
Revenue 1Y (TTM)12.38%
Revenue growth 3Y11.73%
Revenue growth 5Y13.18%
Sales Q2Q%13.63%

3.2 Future

  • AMZN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.52% yearly.
  • The Revenue is expected to grow by 11.37% on average over the next years. This is quite good.
EPS Next Y10.67%
EPS Next 2Y16%
EPS Next 3Y19.5%
EPS Next 5Y18.52%
Revenue Next Year12.63%
Revenue Next 2Y12.14%
Revenue Next 3Y12.22%
Revenue Next 5Y11.37%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
AMZN Yearly Revenue VS EstimatesAMZN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500B 1T 1.5T
AMZN Yearly EPS VS EstimatesAMZN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 5 10 15 20

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Find the best growth stocksShow best growing peers

2

4. AMZN Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 29.53, AMZN can be considered very expensive at the moment.
  • AMZN's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 25.61, AMZN is valued at the same level.
  • AMZN is valuated quite expensively with a Price/Forward Earnings ratio of 26.68.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AMZN indicates a slightly more expensive valuation: AMZN is more expensive than 60.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.79, AMZN is valued at the same level.
Industry RankSector Rank
PE 29.53
Fwd PE 26.68
AMZN Price Earnings VS Forward Price EarningsAMZN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AMZN is on the same level as its industry peers.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of AMZN indicates a slightly more expensive valuation: AMZN is more expensive than 63.33% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 295.35
EV/EBITDA 14.62
AMZN Per share dataAMZN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • AMZN has an outstanding profitability rating, which may justify a higher PE ratio.
  • AMZN's earnings are expected to grow with 19.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.77
PEG (5Y)1.06
EPS Next 2Y16%
EPS Next 3Y19.5%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. AMZN Dividend Analysis

5.1 Amount

  • No dividends for AMZN!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

AMZN Fundamentals: All Metrics, Ratios and Statistics

AMAZON.COM INC

NASDAQ:AMZN (3/25/2026, 8:10:31 PM)

After market: 210.9 -0.81 (-0.38%)

211.71

+4.47 (+2.16%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners67.02%
Inst Owner Change4.23%
Ins Owners8.98%
Ins Owner Change-0.11%
Market Cap2.27T
Revenue(TTM)716.92B
Net Income(TTM)77.67B
Analysts84.21
Price Target284 (34.15%)
Short Float %0.84%
Short Ratio1.58
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.23%
Min EPS beat(2)-3.03%
Max EPS beat(2)21.49%
EPS beat(4)3
Avg EPS beat(4)14.23%
Min EPS beat(4)-3.03%
Max EPS beat(4)24.03%
EPS beat(8)7
Avg EPS beat(8)17.18%
EPS beat(12)11
Avg EPS beat(12)28.57%
EPS beat(16)13
Avg EPS beat(16)23.06%
Revenue beat(2)0
Avg Revenue beat(2)-0.84%
Min Revenue beat(2)-1.01%
Max Revenue beat(2)-0.66%
Revenue beat(4)1
Avg Revenue beat(4)-0.45%
Min Revenue beat(4)-1.56%
Max Revenue beat(4)1.43%
Revenue beat(8)1
Avg Revenue beat(8)-1.02%
Revenue beat(12)4
Avg Revenue beat(12)-0.69%
Revenue beat(16)5
Avg Revenue beat(16)-0.75%
PT rev (1m)-4.85%
PT rev (3m)-4.06%
EPS NQ rev (1m)-1.88%
EPS NQ rev (3m)-5.65%
EPS NY rev (1m)-2.77%
EPS NY rev (3m)-2.41%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)1.16%
Revenue NY rev (1m)1.12%
Revenue NY rev (3m)1.23%
Valuation
Industry RankSector Rank
PE 29.53
Fwd PE 26.68
P/S 3.17
P/FCF 295.35
P/OCF 16.29
P/B 5.53
P/tB 5.86
EV/EBITDA 14.62
EPS(TTM)7.17
EY3.39%
EPS(NY)7.93
Fwd EY3.75%
FCF(TTM)0.72
FCFY0.34%
OCF(TTM)13
OCFY6.14%
SpS66.78
BVpS38.29
TBVpS36.12
PEG (NY)2.77
PEG (5Y)1.06
Graham Number78.6
Profitability
Industry RankSector Rank
ROA 9.49%
ROE 18.89%
ROCE 13.33%
ROIC 11.12%
ROICexc 13.99%
ROICexgc 14.71%
OM 11.16%
PM (TTM) 10.83%
GM 50.29%
FCFM 1.07%
ROA(3y)8.25%
ROA(5y)6.42%
ROE(3y)18.23%
ROE(5y)15.39%
ROIC(3y)10.81%
ROIC(5y)8.68%
ROICexc(3y)13.91%
ROICexc(5y)11.52%
ROICexgc(3y)15.17%
ROICexgc(5y)12.67%
ROCE(3y)12.96%
ROCE(5y)10.43%
ROICexgc growth 3Y42.44%
ROICexgc growth 5Y-6.84%
ROICexc growth 3Y45.5%
ROICexc growth 5Y-4.04%
OM growth 3Y62.56%
OM growth 5Y13.47%
PM growth 3YN/A
PM growth 5Y14.42%
GM growth 3Y4.71%
GM growth 5Y4.91%
F-Score6
Asset Turnover0.88
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 8.53
Debt/EBITDA 0.45
Cap/Depr 200.47%
Cap/Sales 18.39%
Interest Coverage 41.03
Cash Conversion 95.73%
Profit Quality 9.91%
Current Ratio 1.05
Quick Ratio 0.88
Altman-Z 4.92
F-Score6
WACC9.14%
ROIC/WACC1.22
Cap/Depr(3y)155.34%
Cap/Depr(5y)159.17%
Cap/Sales(3y)13.52%
Cap/Sales(5y)13.19%
Profit Quality(3y)57.1%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)29.66%
EPS 3Y94.86%
EPS 5Y27.98%
EPS Q2Q%4.84%
EPS Next Y10.67%
EPS Next 2Y16%
EPS Next 3Y19.5%
EPS Next 5Y18.52%
Revenue 1Y (TTM)12.38%
Revenue growth 3Y11.73%
Revenue growth 5Y13.18%
Sales Q2Q%13.63%
Revenue Next Year12.63%
Revenue Next 2Y12.14%
Revenue Next 3Y12.22%
Revenue Next 5Y11.37%
EBIT growth 1Y16.59%
EBIT growth 3Y81.63%
EBIT growth 5Y28.42%
EBIT Next Year159.28%
EBIT Next 3Y58.26%
EBIT Next 5Y39.66%
FCF growth 1Y-76.6%
FCF growth 3YN/A
FCF growth 5Y-21.57%
OCF growth 1Y20.4%
OCF growth 3Y43.97%
OCF growth 5Y16.13%

AMAZON.COM INC / AMZN Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for AMAZON.COM INC?

ChartMill assigns a fundamental rating of 6 / 10 to AMZN.


What is the valuation status of AMAZON.COM INC (AMZN) stock?

ChartMill assigns a valuation rating of 2 / 10 to AMAZON.COM INC (AMZN). This can be considered as Overvalued.


What is the profitability of AMZN stock?

AMAZON.COM INC (AMZN) has a profitability rating of 9 / 10.


What is the earnings growth outlook for AMAZON.COM INC?

The Earnings per Share (EPS) of AMAZON.COM INC (AMZN) is expected to grow by 10.67% in the next year.