Runs the largest US online store and the leading cloud-computing platform (AWS), plus ads, media and logistics.
Runs the largest US online store and the leading cloud-computing platform (AWS), plus ads, media and logistics.
Retail sales bring in most of the revenue, but the profit comes largely from AWS, which rents computing and storage by usage, and from advertising sold on its shopping sites. Third-party sellers pay fees for listing and fulfilment, and Prime subscriptions keep shoppers buying more often.
Moat: wide (scale, network effects, distribution). Massive logistics/fulfillment scale and AWS's cloud lead create durable advantages competitors struggle to match.
Headquarters: Seattle, Washington, US · Founded: 1994 · Employees: 1,576,000
Size Amazon (AMZN) is a United States Consumer Discretionary company (Internet Retail) with a market value of $2.80T, the 6th largest of 3,117 United States companies the cockpit tracks. Shares closed at $259.30 on 6 Nov 2026.
Performance Over six months the shares fell 4.9%, against +7.8% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 15.3% over the last twelve months (peer median +13.3%); the operating margin is 13.3% (peer median 7.3%).
Valuation It trades at 26.3× forward earnings against a peer median of 19.6× (7th most expensive of 19).
Capital Return on invested capital runs 1.1 points below its cost of capital (11.7% WACC).
Credit Amazon has 70 bonds outstanding ($161B), rated AA by the agencies and trading like A- at a weighted spread of 91 bp.
Short interest Short interest is 0.9% of the free float (15 Oct 2026).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $797B | $717B | $638B | $575B | $514B |
| Revenue growth | — | +12% | +11% | +12% | — |
| Gross profit | $410B | $361B | $312B | $270B | $225B |
| EBITDA | $186B | $150B | $122B | $86.3B | $55.4B |
| Net income | $135B | $77.7B | $59.2B | $30.4B | -$2.72B |
| Free cash flow | -$46.9B | $7.70B | $32.9B | $32.2B | -$16.9B |
| Capital expenditure | $215B | $132B | $83.0B | $52.7B | $63.6B |
| Total debt | $295B | $170B | $148B | $155B | $155B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Amazon AMZN | $2.80T | -5% | +15% | 13% | 26.3× | n/a |
| Walmart WMT | $996B | -4% | +6% | 4% | 41.8× | 14.7% |
| Microsoft MSFT | $3.94T | +28% | +18% | 47% | 25.5× | 17.2% |
| Alphabet Inc. (Class A) GOOGL | $3.47T | -29% | +22% | 33% | 20.5× | 18.5% |
| Alibaba Group Holding Limited Sponsored ADR BABA | $255B | -22% | +8% | 4% | 14.2× | n/a |
| Shopify SHOP.TO | $193B | +38% | +32% | 18% | 67.4× | 54.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AMZN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.1% | +4.6% | 9th lowest of 21 |
| 6-month return | -4.9% | +7.8% | 6th lowest of 21 |
| Distance from 52-week high | -9.7% | -20.9% | 6th highest of 21 |
| Revenue growth (TTM) | +15.3% | +13.3% | 10th highest of 21 |
| Operating margin | 13.3% | 7.3% | 8th highest of 21 |
| Forward P/E | 26.3× | 19.6× | 7th most expensive of 19 |
| ROIC minus cost of capital | -1.1 pp | +9.3 pp | 6th lowest of 19 |
| EV / EBITDA | 16.1× | 14.5× | 7th most expensive of 14 |
| Net debt / EBITDA | 1.0× | 0.0× | 7th most indebted of 17 |
| Bond spread | 91 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Amazon AMZN | United States | $2.80T | -5% | +15% | 13% | 26.3× | n/a | n/a |
| Baba-w 9988.HK | Hong Kong | $266B | -25% | +8% | 4% | 16.4× | n/a | n/a |
| MercadoLibre MELI | United States | $76.6B | -8% | +46% | 8% | 32.0× | 11.9% | +48.7% |
| eBay EBAY | United States | $53.5B | +14% | +15% | 21% | 18.4× | 15.4% | +4.6% |
| Sea Limited Sponsored ADR SE | United States | $49.1B | -13% | +43% | 8% | 18.0× | 11.7% | +39.3% |
| Jd-sw 9618.HK | Hong Kong | $34.8B | -5% | +8% | 0% | 9.2× | 14.4% | +11.1% |
| Coupang CPNG | United States | $29.2B | -4% | +7% | -3% | 55.9× | n/a | n/a |
| FSN E-Commerce Ventures NYKAA.NS | India | $10.7B | +31% | +28% | 5% | 209.2× | n/a | n/a |
| Chewy CHWY | United States | $9.07B | -2% | +6% | 3% | 24.1× | 16.8% | +12.0% |
| Rakuten 4755.T | Japan | $8.59B | -18% | +11% | 6% | n/a | -2.0% | +11.4% |
| Etsy ETSY | United States | $7.75B | +40% | +1% | 18% | 19.7× | 12.8% | +10.8% |
| Zalando ZAL.DE | Germany | $7.64B | +42% | +18% | 4% | 19.6× | 7.6% | +9.1% |
| Global-e Online GLBE | United States | $7.22B | +44% | +31% | 14% | 30.9× | 23.4% | +47.8% |
| Vipshop Holdings Ltd Sponsored ADR VIPS | United States | $6.55B | -4% | +2% | 7% | 5.4× | -20.3% | 0.0% |
| Zozo 3092.T | Japan | $6.41B | +8% | +6% | 30% | 19.6× | -5.0% | +9.2% |
| USS 4732.T | Japan | $5.34B | +8% | +11% | 52% | 18.7× | -0.8% | +8.7% |
| Mercari 4385.T | Japan | $3.76B | -5% | +19% | 19% | 15.6× | n/a | n/a |
| Xingyun Technology 300209.SZ | China | $3.15B | +30% | +978% | 23% | n/a | n/a | n/a |
| Global Industrial GIC | United States | $1.77B | +59% | +10% | 8% | 22.4× | 1.3% | +6.0% |
| RealReal REAL | United States | $1.61B | +25% | +18% | 0% | 47.8× | n/a | n/a |
| LuxExperience B.V. Sponsored ADR LUXE | United States | $1.40B | +20% | +111% | -6% | 194.0× | n/a | n/a |
Amazon has 70 bonds outstanding with $161B face value. The agencies rate it AA; its bonds trade like A-. Weighted yield 5.42%, a spread of 91 bp over government bonds.