AMAZON.COM INC (AMZN) Fundamental Analysis & Valuation

NASDAQ:AMZN • US0231351067

216.82 USD
+8.09 (+3.88%)
At close: Mar 4, 2026
217.15 USD
+0.33 (+0.15%)
After Hours: 3/4/2026, 8:08:26 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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

Fundamental Rating

5

Taking everything into account, AMZN scores 5 out of 10 in our fundamental rating. AMZN was compared to 30 industry peers in the Broadline Retail industry. While AMZN belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. AMZN is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

8

1. AMZN Profitability Analysis

1.1 Basic Checks

  • AMZN had positive earnings in the past year.
  • In the past year AMZN had a positive cash flow from operations.
  • AMZN had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years AMZN had a positive operating cash flow.
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

  • AMZN's Return On Assets of 9.49% is amongst the best of the industry. AMZN outperforms 90.00% of its industry peers.
  • With an excellent Return On Equity value of 18.89%, AMZN belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
  • The Return On Invested Capital of AMZN (11.12%) is better than 73.33% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for AMZN is in line with the industry average of 9.25%.
  • The last Return On Invested Capital (11.12%) for AMZN is above the 3 year average (10.81%), which is a sign of increasing profitability.
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 86.67% of the companies in the same industry.
  • In the last couple of years the Profit Margin of AMZN has grown nicely.
  • Looking at the Operating Margin, with a value of 11.16%, AMZN belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
  • In the last couple of years the Operating Margin of AMZN has grown nicely.
  • AMZN has a Gross Margin of 50.29%. This is in the better half of the industry: AMZN outperforms 70.00% of its industry peers.
  • 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

More info and screens

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
  • AMZN has more shares outstanding than it did 5 years ago.
  • 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

  • An Altman-Z score of 4.95 indicates that AMZN is not in any danger for bankruptcy at the moment.
  • AMZN has a better Altman-Z score (4.95) than 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.
  • With a Debt to FCF ratio value of 8.53, AMZN perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • AMZN has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of AMZN (0.16) is better than 73.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 8.53
Altman-Z 4.95
ROIC/WACC1.24
WACC8.99%
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.
  • With a Current ratio value of 1.05, AMZN is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.88 indicates that AMZN may have some problems paying its short term obligations.
  • AMZN has a worse Quick ratio (0.88) than 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

More info and screens

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.
  • The Earnings Per Share has been growing by 27.98% on average over the past years. This is a very strong growth
  • AMZN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.38%.
  • The Revenue has been growing by 13.18% on average over the past years. This is quite good.
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

  • Based on estimates for the next years, AMZN will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.30% on average per year.
  • AMZN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.20% yearly.
EPS Next Y13.82%
EPS Next 2Y17.5%
EPS Next 3Y21.24%
EPS Next 5Y19.3%
Revenue Next Year12.61%
Revenue Next 2Y12.11%
Revenue Next 3Y12.19%
Revenue Next 5Y11.2%

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

More info and screens

Find the best growth stocksShow best growing peers

2

4. AMZN Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 30.24, the valuation of AMZN can be described as expensive.
  • AMZN's Price/Earnings ratio is in line with the industry average.
  • AMZN is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 26.57, AMZN can be considered very expensive at the moment.
  • 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.
  • When comparing the Price/Forward Earnings ratio of AMZN to the average of the S&P500 Index (25.11), we can say AMZN is valued inline with the index average.
Industry RankSector Rank
PE 30.24
Fwd PE 26.57
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

  • AMZN's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, AMZN is valued a bit more expensive than 63.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 302.47
EV/EBITDA 14.73
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.
  • The excellent profitability rating of AMZN may justify a higher PE ratio.
  • A more expensive valuation may be justified as AMZN's earnings are expected to grow with 21.24% in the coming years.
PEG (NY)2.19
PEG (5Y)1.08
EPS Next 2Y17.5%
EPS Next 3Y21.24%

More info and screens

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%

More info and screens

Find the best dividend stocksShow peers with best dividend

AMZN Fundamentals: All Metrics, Ratios and Statistics

AMAZON.COM INC

NASDAQ:AMZN (3/4/2026, 8:08:26 PM)

After market: 217.15 +0.33 (+0.15%)

216.82

+8.09 (+3.88%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners66.62%
Inst Owner Change2.74%
Ins Owners9.02%
Ins Owner Change-0.11%
Market Cap2.33T
Revenue(TTM)716.92B
Net Income(TTM)77.67B
Analysts84.21
Price Target284 (30.98%)
Short Float %0.89%
Short Ratio1.75
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)-4.46%
PT rev (3m)-3.53%
EPS NQ rev (1m)-5.27%
EPS NQ rev (3m)-5.41%
EPS NY rev (1m)0.68%
EPS NY rev (3m)2.28%
Revenue NQ rev (1m)1.04%
Revenue NQ rev (3m)1.14%
Revenue NY rev (1m)1.17%
Revenue NY rev (3m)1.83%
Valuation
Industry RankSector Rank
PE 30.24
Fwd PE 26.57
P/S 3.25
P/FCF 302.47
P/OCF 16.68
P/B 5.66
P/tB 6
EV/EBITDA 14.73
EPS(TTM)7.17
EY3.31%
EPS(NY)8.16
Fwd EY3.76%
FCF(TTM)0.72
FCFY0.33%
OCF(TTM)13
OCFY5.99%
SpS66.78
BVpS38.29
TBVpS36.12
PEG (NY)2.19
PEG (5Y)1.08
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 4.95
F-Score6
WACC8.99%
ROIC/WACC1.24
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 Y13.82%
EPS Next 2Y17.5%
EPS Next 3Y21.24%
EPS Next 5Y19.3%
Revenue 1Y (TTM)12.38%
Revenue growth 3Y11.73%
Revenue growth 5Y13.18%
Sales Q2Q%13.63%
Revenue Next Year12.61%
Revenue Next 2Y12.11%
Revenue Next 3Y12.19%
Revenue Next 5Y11.2%
EBIT growth 1Y16.59%
EBIT growth 3Y81.63%
EBIT growth 5Y28.42%
EBIT Next Year159.25%
EBIT Next 3Y58.25%
EBIT Next 5Y40.32%
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 FAQ

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

ChartMill assigns a fundamental rating of 5 / 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 8 / 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 13.82% in the next year.