Amazon Historical Income Statement
| AMZN Stock | USD 197.12 1.26 0.64% |
Historical analysis of Amazon income statement accounts such as Depreciation And Amortization of 51.1 B, Interest Expense of 3.3 B or Selling General Administrative of 12.4 B can show how well Amazon Inc performed in making a profits. Evaluating Amazon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Amazon's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Amazon Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Amazon Inc is a good buy for the upcoming year.
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About Amazon Income Statement Analysis
Amazon Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Amazon shareholders. The income statement also shows Amazon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Amazon Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Amazon Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Amazon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Amazon Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Amazon's Gross Profit is very stable compared to the past year. As of the 23rd of November 2024, Other Operating Expenses is likely to grow to about 805.4 M, though Total Other Income Expense Net is likely to grow to (2.9 B).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.8B | 2.4B | 3.2B | 3.3B | Depreciation And Amortization | 34.4B | 41.9B | 48.7B | 51.1B |
Amazon income statement Correlations
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Amazon Account Relationship Matchups
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Amazon income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 2.4B | 2.9B | 4.8B | (3.2B) | 2.8B | 3.0B | |
| Depreciation And Amortization | 22.8B | 25.2B | 34.4B | 41.9B | 48.7B | 51.1B | |
| Interest Expense | 1.6B | 1.6B | 1.8B | 2.4B | 3.2B | 3.3B | |
| Selling General Administrative | 5.2B | 6.7B | 8.8B | 11.9B | 11.8B | 12.4B | |
| Selling And Marketing Expenses | 18.9B | 22.0B | 32.6B | 42.2B | 44.4B | 46.6B | |
| Total Revenue | 280.5B | 386.1B | 469.8B | 514.0B | 574.8B | 603.5B | |
| Gross Profit | 115.0B | 152.8B | 197.5B | 225.2B | 270.0B | 283.5B | |
| Other Operating Expenses | 201M | 75M | 62M | 1.3B | 767M | 805.4M | |
| Operating Income | 14.5B | 22.9B | 24.9B | 12.2B | 36.9B | 38.7B | |
| Ebit | 14.5B | 22.9B | 24.9B | 12.2B | 36.9B | 38.7B | |
| Research Development | 35.9B | 42.7B | 56.1B | 73.2B | 85.6B | 89.9B | |
| Ebitda | 37.4B | 48.1B | 59.3B | 54.2B | 85.5B | 89.8B | |
| Cost Of Revenue | 165.5B | 233.3B | 272.3B | 288.8B | 304.7B | 320.0B | |
| Total Operating Expenses | 266.0B | 363.2B | 444.9B | 501.7B | 232.4B | 244.0B | |
| Reconciled Depreciation | 22.8B | 25.2B | 34.4B | 41.9B | 48.7B | 51.1B | |
| Income Before Tax | 14.0B | 24.2B | 38.2B | (5.9B) | 37.6B | 39.4B | |
| Total Other Income Expense Net | (565M) | 1.3B | (1.8B) | (2.4B) | (3.0B) | (2.9B) | |
| Net Income | 11.6B | 21.3B | 33.4B | (2.7B) | 30.4B | 31.9B | |
| Income Tax Expense | 2.4B | 2.9B | 4.8B | (3.2B) | 7.1B | 7.5B | |
| Other Items | (40.2B) | (58.5B) | (75.1B) | (84.3B) | (75.9B) | (72.1B) | |
| Net Income Applicable To Common Shares | 11.6B | 21.3B | 33.4B | (2.7B) | (3.1B) | (3.0B) | |
| Net Income From Continuing Ops | 11.6B | 21.3B | 33.4B | (2.7B) | 20.1B | 21.1B | |
| Non Operating Income Net Other | 1.0B | 2.4B | 14.6B | (16.8B) | (15.1B) | (14.4B) | |
| Interest Income | 832M | 555M | 448M | 989M | 2.5B | 2.6B | |
| Net Interest Income | (768M) | (1.1B) | (1.4B) | (1.4B) | (670M) | (703.5M) |
Pair Trading with Amazon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amazon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amazon will appreciate offsetting losses from the drop in the long position's value.Moving against Amazon Stock
| 0.78 | DIBS | 1StdibsCom | PairCorr |
| 0.65 | YJ | Yunji Inc | PairCorr |
| 0.59 | AEO | American Eagle Outfitters | PairCorr |
| 0.53 | FL | Foot Locker Earnings Call This Week | PairCorr |
| 0.4 | AAP | Advance Auto Parts | PairCorr |
The ability to find closely correlated positions to Amazon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amazon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amazon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amazon Inc to buy it.
The correlation of Amazon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amazon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amazon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amazon. If investors know Amazon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amazon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.521 | Earnings Share 4.67 | Revenue Per Share 59.486 | Quarterly Revenue Growth 0.11 | Return On Assets 0.0707 |
The market value of Amazon Inc is measured differently than its book value, which is the value of Amazon that is recorded on the company's balance sheet. Investors also form their own opinion of Amazon's value that differs from its market value or its book value, called intrinsic value, which is Amazon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amazon's market value can be influenced by many factors that don't directly affect Amazon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amazon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amazon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amazon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.