Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%).
It is a $2.83T consumer company. Revenue grew 15.8% over the last year, it keeps 17¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 20.9× earnings — near the lowest of its own history.
- Website
- amazon.com
- Location
- Seattle, WA
- Employees
- 1 576 000
- Sector
- Consumer Cyclical
- Founded
- 1994
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability.
Valuation57
- P/E vs own history5th pct · 25/25
- FCF yield-0.4% · 0/25
- P/S3.6x · 20/25
- EV/EBITDA17.2x · 12/25
Growth70
- Revenue CAGR11.1% · 20/25
- Net income CAGR23.5% · 25/25
- EPS CAGR ~5Y28.0% · 25/25
- Fwd implied growth-8.0% · 0/25
Profitability77
- ROIC22.0% · 20/25
- ROE30.5% · 25/25
- Net margin17.4% · 20/25
- Operating margin12.1% · 12/25
Health65
- Altman Z4.07 · 25/25
- Current ratio1.03 · 12/25
- Interest coverage0.6x · 3/25
- Net cash / debtNet cash · 25/25
Quality65
- Piotroski F5/9 · 15/25
- Beneish M-2.64 · 25/25
- FCF conversion-9% · 0/25
- Margin stabilityσ 3.4% · 25/25
Moat53
- ROIC >12% years9/10 yrs · 25/25
- Median gross margin41.5% · 13/25
- FCF-positive years7/9 yrs · 10/25
- Worst-year net marginworst -0.5% · 5/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialBest year on record$77.7B net income
- FY2022FinancialRevenue crossed $500B$514B for the year
- Jul 5, 2021MilestoneBezos hands over the CEO roleAndy Jassy — AWS chief — takes over
- 2018AcquisitionIt was acquired in 2018 for under $1 billion. * Souq, the former largest e-commerce platform in the Arab world
- Aug 28, 2017AcquisitionAcquired Whole Foods$13.7B jump into physical grocery
- FY2016FinancialFirst recorded profitable year$2.37B net income
- FY2016FinancialRevenue already above $100B$136B in first reported year
- 2016AcquisitionThe first 14 buildings Amazon occupied in South Lake Union were purchased for $1.16 billion in 2016
- 2013ProductAmazon announced a partnership with the US Postal Service to begin delivering orders on Sundays
- 2008AcquisitionAmazon bought the company in August 2008
- 2006ProductAWS launchesS3 and EC2 — a bookstore starts the cloud industry
- Feb 2, 2005ProductAmazon Primepaid loyalty program that rewired consumer expectations
- 2002ProductThe company launched Amazon Web Services (AWS), which initially focused on providing APIs for web…
- 2000ProductMarketplace opensthird-party sellers — now the majority of units sold
- May 15, 1997IPOIPO on Nasdaqwent public at $18 per share
- Jul 16, 1995ProductBezos renamed the company Amazon to reflect his ambitions for his company
- Jul 5, 1994FoundedFounded in a Bellevue garageJeff Bezos left a hedge-fund job to sell books online
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (50.8%)
- Revenue growing 15.8% year over year
- Net cash position after subtracting debt from cash
- High returns on invested capital (ROIC 22.0%)
- Altman Z-Score 4.07 — low bankruptcy-risk zone
Watch-outs
- Negative free cash flow (-$11.6B)
- Thin interest coverage (0.6×)
- Loss-making in 1 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+15.8% YoY
- Profitable — makes more than it spends$135B TTM
- Profit growing — earnings are higher than last year+28.0% YoY
- Generates cash — cash left after running and investing-$11.6B TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$2.83T market cap
- Not printing shares — share count not ballooning — you keep your slice+6.1% shares over ~5y
- Proven track record — years of profitability behind it9/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 4.1 — safe
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsP/E 20.9
Peer comparisonAmazon.Com Inc vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| AMZN this company | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
| TJX TJX Companies, Inc. (The) | $153.0B | 25.2 | +7.7% | 9.7% | Mixed |
Head-to-head: AMZN vs TSLA · AMZN vs NFLX · AMZN vs HD
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/AMZN
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of AMZN on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $262.48 · market cap $2.83T.