Amazon.com Inc (AMZN)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 68,593,000 | 60,599,000 | 54,376,000 | 47,385,000 | 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 |
| Revenue (ttm) | US$ in thousands | 636,907,000 | 618,656,000 | 601,945,000 | 587,658,000 | 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 |
| Operating profit margin | 10.77% | 9.80% | 9.03% | 8.06% | 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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $68,593,000K ÷ $636,907,000K
= 10.77%
The operating profit margin of Amazon.com Inc has shown fluctuations over the past few years. Starting at 4.78% as of March 31, 2020, the margin increased steadily to reach its peak at 10.77% as of December 31, 2024. The company experienced a strong upward trend from March 31, 2020, to December 31, 2024, with occasional fluctuations and minor dips in between.
The margin generally increased quarter by quarter, reflecting the company's ability to control costs and improve operational efficiency. However, there were periods of slight decline, notably in the second half of 2022 when the margin dropped to as low as 2.40% on December 31, 2022. This dip may have been influenced by various factors such as increased competition, changes in consumer behavior, or specific one-off expenses incurred by the company during that period.
Overall, the upward trajectory of Amazon.com Inc's operating profit margin suggests that the company has been successfully managing its operating expenses relative to its revenue, leading to improved profitability over the analyzed period. Monitoring this ratio in conjunction with other financial metrics can provide valuable insights into the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024