Amazon.com Inc (AMZN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 68,513,000 | 59,850,000 | 54,001,000 | 46,303,000 | 37,525,000 | 22,910,000 | 13,666,000 | 3,447,000 | -5,939,000 | 9,945,000 | 11,315,000 | 22,626,000 | 38,155,000 | 31,008,000 | 33,597,000 | 31,178,000 | 24,194,000 | 20,460,000 | 16,188,000 | 12,843,000 |
| 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 |
| Pretax margin | 10.76% | 9.67% | 8.97% | 7.88% | 6.56% | 4.16% | 2.55% | 0.66% | -1.16% | 1.99% | 2.34% | 4.75% | 8.15% | 6.79% | 7.60% | 7.46% | 6.29% | 5.90% | 5.05% | 4.35% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $68,513,000K ÷ $636,907,000K
= 10.76%
The pretax margin of Amazon.com Inc has shown some fluctuations over the represented time period, starting at 4.35% in March 2020 and gradually increasing to 10.76% by December 2024. The trend was generally upward until September 2021, with intermittent peaks and troughs.
From March 2022 to December 2023, the pretax margin experienced some volatility, dipping into negative territory in December 2022 but then recovering steadily. There was a significant improvement in profitability from March 2024 onwards, with the pretax margin reaching its highest level of 10.76% by December 2024.
This upward trajectory suggests that Amazon.com Inc has been able to effectively manage its expenses relative to its pre-tax earnings, leading to improved profitability over the analyzed period. However, the fluctuations in pretax margin during certain quarters indicate potential variability in the company's financial performance and efficiencies in cost management. It is important for investors and stakeholders to monitor these fluctuations and assess the underlying factors affecting Amazon's profitability.
Peer comparison
Dec 31, 2024