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.

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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.

Net Income Gross Profit

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.

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

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).

Interest Expense Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Amazon Inc minus its cost of goods sold. It is profit before Amazon operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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.

	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

Interest Expense Depreciation And Amortization

Amazon income statement Correlations

	Tax Provision	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Other Items	Net Income From Continuing Ops	Non Operating Income Net Other	Interest Income	Net Interest Income
Tax Provision		0.34	0.37	0.27	0.28	0.37	0.36	-0.33	0.61	0.61	0.32	0.46	0.38	0.2	0.34	0.84	-0.11	0.83	0.86	-0.32	0.87	0.41	0.2	-0.18
Depreciation And Amortization	0.34		0.99	0.99	1.0	0.99	0.99	0.75	0.93	0.93	1.0	0.99	0.98	0.77	1.0	0.75	-0.82	0.77	0.62	-0.97	0.67	-0.53	0.72	-0.67
Interest Expense	0.37	0.99		0.97	0.98	0.98	0.98	0.73	0.94	0.94	0.99	0.99	0.95	0.72	0.99	0.76	-0.78	0.78	0.65	-0.93	0.67	-0.56	0.74	-0.63
Selling General Administrative	0.27	0.99	0.97		1.0	0.99	0.99	0.78	0.89	0.89	0.99	0.97	0.98	0.81	0.99	0.7	-0.81	0.72	0.55	-0.98	0.63	-0.54	0.67	-0.71
Selling And Marketing Expenses	0.28	1.0	0.98	1.0		0.99	0.99	0.78	0.9	0.9	1.0	0.97	0.97	0.79	1.0	0.72	-0.83	0.74	0.57	-0.97	0.64	-0.55	0.71	-0.69
Total Revenue	0.37	0.99	0.98	0.99	0.99		0.99	0.71	0.93	0.93	0.99	0.98	0.99	0.82	0.99	0.77	-0.77	0.79	0.61	-0.98	0.71	-0.47	0.66	-0.72
Gross Profit	0.36	0.99	0.98	0.99	0.99	0.99		0.72	0.94	0.94	0.99	0.99	0.97	0.78	0.99	0.77	-0.79	0.79	0.62	-0.97	0.71	-0.5	0.7	-0.7
Other Operating Expenses	-0.33	0.75	0.73	0.78	0.78	0.71	0.72		0.5	0.5	0.77	0.66	0.68	0.53	0.75	0.17	-0.78	0.19	0.09	-0.69	0.03	-0.88	0.64	-0.43
Operating Income	0.61	0.93	0.94	0.89	0.9	0.93	0.94	0.5		1.0	0.92	0.98	0.91	0.62	0.93	0.93	-0.69	0.93	0.84	-0.87	0.84	-0.37	0.75	-0.54
Ebit	0.61	0.93	0.94	0.89	0.9	0.93	0.94	0.5	1.0		0.92	0.98	0.91	0.62	0.93	0.93	-0.69	0.93	0.84	-0.87	0.84	-0.37	0.75	-0.54
Research Development	0.32	1.0	0.99	0.99	1.0	0.99	0.99	0.77	0.92	0.92		0.98	0.97	0.75	1.0	0.74	-0.82	0.75	0.61	-0.96	0.65	-0.57	0.73	-0.65
Ebitda	0.46	0.99	0.99	0.97	0.97	0.98	0.99	0.66	0.98	0.98	0.98		0.96	0.72	0.99	0.84	-0.78	0.85	0.72	-0.94	0.76	-0.47	0.75	-0.63
Cost Of Revenue	0.38	0.98	0.95	0.98	0.97	0.99	0.97	0.68	0.91	0.91	0.97	0.96		0.84	0.98	0.75	-0.73	0.77	0.59	-0.98	0.71	-0.43	0.61	-0.73
Total Operating Expenses	0.2	0.77	0.72	0.81	0.79	0.82	0.78	0.53	0.62	0.62	0.75	0.72	0.84		0.77	0.47	-0.46	0.52	0.19	-0.9	0.58	-0.13	0.15	-0.96
Reconciled Depreciation	0.34	1.0	0.99	0.99	1.0	0.99	0.99	0.75	0.93	0.93	1.0	0.99	0.98	0.77		0.75	-0.82	0.77	0.62	-0.97	0.67	-0.53	0.72	-0.67
Income Before Tax	0.84	0.75	0.76	0.7	0.72	0.77	0.77	0.17	0.93	0.93	0.74	0.84	0.75	0.47	0.75		-0.54	1.0	0.94	-0.7	0.95	-0.05	0.61	-0.42
Total Other Income Expense Net	-0.11	-0.82	-0.78	-0.81	-0.83	-0.77	-0.79	-0.78	-0.69	-0.69	-0.82	-0.78	-0.73	-0.46	-0.82	-0.54		-0.54	-0.48	0.72	-0.4	0.6	-0.79	0.37
Net Income	0.83	0.77	0.78	0.72	0.74	0.79	0.79	0.19	0.93	0.93	0.75	0.85	0.77	0.52	0.77	1.0	-0.54		0.91	-0.73	0.97	-0.04	0.58	-0.48
Income Tax Expense	0.86	0.62	0.65	0.55	0.57	0.61	0.62	0.09	0.84	0.84	0.61	0.72	0.59	0.19	0.62	0.94	-0.48	0.91		-0.5	0.82	-0.09	0.65	-0.12
Other Items	-0.32	-0.97	-0.93	-0.98	-0.97	-0.98	-0.97	-0.69	-0.87	-0.87	-0.96	-0.94	-0.98	-0.9	-0.97	-0.7	0.72	-0.73	-0.5		-0.69	0.39	-0.53	0.83
Net Income From Continuing Ops	0.87	0.67	0.67	0.63	0.64	0.71	0.71	0.03	0.84	0.84	0.65	0.76	0.71	0.58	0.67	0.95	-0.4	0.97	0.82	-0.69		0.18	0.37	-0.57
Non Operating Income Net Other	0.41	-0.53	-0.56	-0.54	-0.55	-0.47	-0.5	-0.88	-0.37	-0.37	-0.57	-0.47	-0.43	-0.13	-0.53	-0.05	0.6	-0.04	-0.09	0.39	0.18		-0.74	0.01
Interest Income	0.2	0.72	0.74	0.67	0.71	0.66	0.7	0.64	0.75	0.75	0.73	0.75	0.61	0.15	0.72	0.61	-0.79	0.58	0.65	-0.53	0.37	-0.74		-0.04
Net Interest Income	-0.18	-0.67	-0.63	-0.71	-0.69	-0.72	-0.7	-0.43	-0.54	-0.54	-0.65	-0.63	-0.73	-0.96	-0.67	-0.42	0.37	-0.48	-0.12	0.83	-0.57	0.01	-0.04

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Amazon Account Relationship Matchups

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	Pair Corr
0.65	YJ	Yunji Inc	Pair Corr
0.59	AEO	American Eagle Outfitters	Pair Corr
0.53	FL	Foot Locker Earnings Call This Week	Pair Corr
0.4	AAP	Advance Auto Parts	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Amazon Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amazon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amazon Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amazon Inc Stock:

How To Invest In Amazon

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Is Amazon Stock a good investment?

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What is Amazon's Net Worth?

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Largest Broadline Retail Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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.

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Amazon Historical Income Statement

About Amazon Income Statement Analysis

Amazon Income Statement Chart

Interest Expense

Total Revenue

Gross Profit

Amazon income statement Correlations

Amazon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amazon income statement Accounts

Pair Trading with Amazon

Moving against Amazon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Selling And Marketing Expenses	+ 1.0	Depreciation And Amortization
Research Development	+ 1.0	Depreciation And Amortization
Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Selling And Marketing Expenses	+ 1.0	Selling General Administrative
Research Development	+ 1.0	Selling And Marketing Expenses
Reconciled Depreciation	+ 1.0	Selling And Marketing Expenses

Other Items	- 0.98	Cost Of Revenue
Other Items	- 0.98	Total Revenue
Other Items	- 0.98	Selling General Administrative
Other Items	- 0.97	Reconciled Depreciation
Other Items	- 0.97	Gross Profit
Other Items	- 0.97	Selling And Marketing Expenses