Amazon.com Inc (AMZN)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 527,854,000 | 486,883,000 | 477,607,000 | 464,378,000 | 462,675,000 | 428,362,000 | 419,728,000 | 410,767,000 | 420,549,000 | 382,406,000 | 360,319,000 | 323,077,000 | 321,195,000 | 282,179,000 | 258,314,000 | 221,238,000 | 225,248,000 | 199,099,000 | 191,351,000 | 178,102,000 |
| Operating ROA | 6.98% | 5.42% | 3.71% | 2.88% | 2.65% | 3.03% | 3.64% | 4.79% | 5.92% | 7.40% | 8.22% | 8.60% | 7.13% | 7.05% | 6.53% | 6.38% | 6.46% | 7.26% | 7.85% | 8.37% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $36,852,000K ÷ $527,854,000K
= 6.98%
Based on the data provided, Amazon.com Inc.'s operating return on assets (ROA) has shown a fluctuating trend over the past eight quarters. The operating ROA has ranged from a low of 2.65% in Q4 2022 to a high of 6.98% in Q4 2023.
The trend indicates that Amazon's efficiency in generating operating income relative to its total assets has improved in recent quarters, culminating in the highest operating ROA in Q4 2023. This suggests that Amazon has been effectively utilizing its assets to generate operating profits.
It is worth noting that while there has been variability in the operating ROA figures, the overall trend seems to be positive, with a general upward trajectory over the period analyzed. This indicates Amazon's ability to enhance profitability through operational efficiencies and effective asset management strategies.
In conclusion, Amazon.com Inc.'s operating ROA performance reflects a generally positive trend, with an improvement in the recent quarters, highlighting the company's ability to generate operating income efficiently relative to its asset base.
Peer comparison
Dec 31, 2023