AMZN

Amazon.com
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AMZN

Arincen64/100B

Amazon.com return on equity (ROE)

Amazon.com's return on equity is 21.97%: net income of 134.78B USD over the last twelve months on shareholders' equity of 613.60B USD.

Today
21.97%
Average, 5 years
15.87%
Low, 5 years
-1.86%
High, 5 years
24.52%

ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 134.78B ÷ 613.60B = 21.97%

ROE (return on equity)
Net income
Shareholders' equity

Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.

What drives Amazon.com's return on equity?

Net margin
10.8%
profit on each dollar of sales
Asset turnover
0.88×
sales on each dollar of assets
Equity multiplier
1.99×
assets on each dollar of equity
Return on equity
18.9%
FY2025
  • FY202510.8% × 0.88 × 1.99 = 18.9%
  • FY20249.3% × 1.02 × 2.19 = 20.7%
  • FY20235.3% × 1.09 × 2.61 = 15.1%
  • FY2022-0.5% × 1.11 × 3.17 = -1.9%
  • FY20217.1% × 1.12 × 3.04 = 24.1%

The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.

ROE (return on equity) by year and by quarter

Fiscal yearPeriod endingROE (return on equity)Net incomeShareholders' equity
Today21.97%134.78B613.60B
FY202531 Dec 202518.89%77.67B411.07B
FY202431 Dec 202420.72%59.25B285.97B
FY202331 Dec 202315.07%30.43B201.88B
FY202231 Dec 2022-1.86%-2.72B146.04B
FY202131 Dec 202124.13%33.36B138.25B
FY202031 Dec 202022.84%21.33B93.40B
FY201931 Dec 201918.67%11.59B62.06B
FY201831 Dec 201823.13%10.07B43.55B
FY201731 Dec 201710.95%3.03B27.71B
FY201631 Dec 201612.29%2.37B19.29B
FY201531 Dec 20154.45%596.00M13.38B
FY201431 Dec 2014-2.24%-241.00M10.74B
FY201331 Dec 20132.81%274.00M9.75B
FY201231 Dec 2012-0.48%-39.00M8.19B
FY201131 Dec 20118.13%631.00M7.76B
FY201031 Dec 201016.78%1.15B6.86B
FY200931 Dec 200917.16%902.00M5.26B
FY200831 Dec 200824.14%645.00M2.67B
FY200731 Dec 200739.77%476.00M1.20B
FY200631 Dec 200644.08%190.00M431.00M
FY200531 Dec 2005145.93%359.00M246.00M
FY200431 Dec 2004—588.45M-227.00M
FY200331 Dec 2003—35.28M-1.04B
FY200231 Dec 2002—-149.13M-1.35B
FY200131 Dec 2001—-567.28M-1.44B
FY200031 Dec 2000—-1.41B-967.25M
FY199931 Dec 1999-270.38%-719.97M266.28M
FY199831 Dec 1998-89.77%-124.55M138.75M
FY199731 Dec 1997-96.53%-27.60M28.59M
FY199631 Dec 1996-170.59%-5.80M3.40M

Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.

See also:P/E ratio,Market cap,P/S ratio,Debt to equity,Current ratio,All ratios

Common questions about Amazon.com's ROE

Source: Financial Modeling PrepVerified against SEC filings