Amazon.com Inc (AMZN)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 36,852,000 | 26,380,000 | 17,717,000 | 13,353,000 | 12,248,000 | 12,971,000 | 15,298,000 | 19,683,000 | 24,879,000 | 28,292,000 | 29,634,000 | 27,775,000 | 22,899,000 | 19,905,000 | 16,868,000 | 14,109,000 | 14,540,000 | 14,447,000 | 15,014,000 | 14,913,000 |
| Revenue (ttm) | US$ in thousands | 571,668,000 | 550,716,000 | 534,914,000 | 521,895,000 | 511,276,000 | 499,803,000 | 483,634,000 | 475,856,000 | 467,958,000 | 456,610,000 | 442,115,000 | 417,869,000 | 384,831,000 | 346,713,000 | 320,581,000 | 295,093,000 | 279,382,000 | 264,328,000 | 250,961,000 | 240,483,000 |
| Operating profit margin | 6.45% | 4.79% | 3.31% | 2.56% | 2.40% | 2.60% | 3.16% | 4.14% | 5.32% | 6.20% | 6.70% | 6.65% | 5.95% | 5.74% | 5.26% | 4.78% | 5.20% | 5.47% | 5.98% | 6.20% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $36,852,000K ÷ $571,668,000K
= 6.45%
The operating profit margin of Amazon.com Inc. has shown a fluctuating trend over the past eight quarters. It increased from 2.38% in Q4 2022 to 6.41% in Q4 2023, reflecting a significant improvement in profitability. However, there was a slight decline in the operating profit margin in Q1 2023 to 2.54%, followed by a modest increase in Q2 2023 to 3.29%.
In Q3 2023, the operating profit margin decreased to 4.76% compared to the previous quarter, but it remained higher than the levels seen in the first half of 2023. This suggests some volatility in Amazon's operational efficiency during these periods.
Overall, Amazon.com Inc.'s operating profit margin has displayed a generally positive trend with fluctuations, indicating the company's ability to manage its operating expenses and generate profits over the quarters analyzed. It is essential for investors and stakeholders to monitor these fluctuations to assess the company's financial health and operational efficiency accurately.
Peer comparison
Dec 31, 2023