Amazon.com Inc (AMZN)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 36,852,000 | 12,248,000 | 24,879,000 | 22,899,000 | 14,541,000 |
| Revenue | US$ in thousands | 571,668,000 | 511,276,000 | 467,958,000 | 384,452,000 | 278,902,000 |
| Operating profit margin | 6.45% | 2.40% | 5.32% | 5.96% | 5.21% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $36,852,000K ÷ $571,668,000K
= 6.45%
In analyzing the operating profit margin of Amazon.com Inc. over the past five years, we observe fluctuations in the margin. In 2023, the operating profit margin stood at 6.41%, exhibiting an improvement compared to the previous year's margin of 2.38%. This significant increase indicates enhanced operational efficiency and profitability in 2023.
Comparing the data further, we note that the operating profit margin in 2023 surpassed that of 2021 and 2019, but fell short of the margin recorded in 2020. Despite this variability, Amazon.com Inc. has generally maintained a healthy operating profit margin above 5% during the period under consideration, reflecting its ability to generate profits from core operations relative to net sales.
Overall, the upward trend in the operating profit margin for Amazon.com Inc. in 2023 indicates improved cost management and revenue generation, showcasing the company's resilience and strategic initiatives in optimizing operational performance.
Peer comparison
Dec 31, 2023