Amazon.com Inc (AMZN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 59,248,000 | 30,425,000 | -2,722,000 | 33,364,000 | 21,331,000 |
| Revenue | US$ in thousands | 637,551,000 | 571,668,000 | 511,276,000 | 467,958,000 | 384,452,000 |
| Net profit margin | 9.29% | 5.32% | -0.53% | 7.13% | 5.55% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $59,248,000K ÷ $637,551,000K
= 9.29%
The net profit margin of Amazon.com Inc has varied over the years according to the provided data. As of December 31, 2020, the net profit margin was 5.55%, which increased to 7.13% by December 31, 2021. However, there was a significant decrease to -0.53% by December 31, 2022, indicating that the company experienced a period of negative profitability.
Towards December 31, 2023, the net profit margin improved to 5.32%, indicating a recovery in the company's profitability. Finally, by December 31, 2024, Amazon.com Inc achieved a net profit margin of 9.29%, marking a substantial increase in profitability compared to the earlier years.
Overall, the fluctuation in Amazon.com Inc's net profit margins over the years suggests a mix of financial challenges and successful performance improvements. It is essential for investors and stakeholders to closely monitor these changes to assess the company's financial health and sustainability.
Peer comparison
Dec 31, 2024