Amazon.com Inc (AMZN)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	59,248,000	30,425,000	-2,722,000	33,364,000	21,331,000
Total assets	US$ in thousands	624,894,000	527,854,000	462,675,000	420,549,000	321,195,000
ROA		9.48%	5.76%	-0.59%	7.93%	6.64%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $59,248,000K ÷ $624,894,000K
= 9.48%

Based on the provided data, Amazon.com Inc has exhibited fluctuations in its return on assets (ROA) over the past five years.

- On December 31, 2020, the company's ROA was 6.64%, indicating that for every dollar of assets, Amazon generated a profit of 6.64 cents.
- By December 31, 2021, the ROA improved to 7.93%, suggesting an increase in efficiency in utilizing its assets to generate profits.
- However, by December 31, 2022, the ROA turned negative at -0.59%, signifying that the company's assets were not effectively generating profits at that time.
- The ROA improved again by December 31, 2023, reaching 5.76%, although it was lower than the initial years.
- The most recent data point, as of December 31, 2024, shows an ROA of 9.48%, indicating a significant improvement in asset utilization and profitability.

Overall, Amazon.com Inc's ROA has demonstrated variability over the years, with a mix of positive and negative values. It is essential for investors and stakeholders to closely monitor the company's asset efficiency and profitability trends to assess its financial performance and sustainability.