Amazon.com Inc (AMZN)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 97,278,000 | 71,020,000 | 36,852,000 | 12,248,000 | 24,879,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 411,065,000 | 285,970,000 | 201,875,000 | 146,043,000 | 138,245,000 |
| Return on total capital | 23.66% | 24.83% | 18.25% | 8.39% | 18.00% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $97,278,000K ÷ ($—K + $411,065,000K)
= 23.66%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Amazon.com Inc
AMZN
23.66%
Liquidity Services Inc
LQDT
19.41%