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