Amazon.com, Inc.

AMZN Consumer Cyclical Internet Retail

Amazon.com, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $716.9 billion, up 12.4% from fiscal 2024. In the quarter to June 2026, revenue grew 19.6%, EPS grew 240.4%, free cash flow fell 770.4% and total debt rose 154.1%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; revenue growth for ten consecutive years, operating cash flow growth for three.

250.06 4.70 −1.84%
Market cap
$2.75T
P/E
19.8×
Fwd P/E
28.5×
Dividend yield
—
F-score
6/9
Altman Z
5.27
Beneish M
−2.63
Dividend safety
n/a

Amazon.com, Inc. (AMZN) Debt to equity

Alert me on Debt to equity

Amazon.com, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.2×, up 0.1× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.2× (fiscal 2025) to 0.9× (fiscal 2017) — the current reading is the lowest in ten years. That is above the Internet Retail industry median of 0.1× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.2× (13.21%)
FY2024 0.2× (36.31%)
FY2023 0.3× (37.17%)
FY2022 0.5× 30.40%
FY2021 0.4× 3.52%
FY2020 0.3× (9.73%)
FY2019 0.4× (30.06%)
FY2018 0.5× (39.59%)
FY2017 0.9× 123.81%
FY2016 0.4× (35.09%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.2× (13.28%)
Mar 2026 0.3× 68.75%
Dec 2025 0.2× 16.31%
Sep 2025 0.1× (9.67%)
42 more quarters

Against its own ten years

Low 0.2× High 0.9×
Ten-year median 0.4×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
PDD PDD Holdings Inc. Sponsored ADR compare 0.0×
SE Sea Limited Sponsored ADR compare 0.1×
JD JD.com, Inc. compare 0.2×
CPNG Coupang, Inc. compare 0.2×
AMZN Amazon.com, Inc. 0.2×
BABA Alibaba Group Holding Limited compare 0.2×
DASH DoorDash, Inc. compare 0.3×
MELI MercadoLibre, Inc. compare 1.4×
EBAY eBay Inc. compare 1.4×
Internet Retail industry median 0.1×
Consumer Cyclical sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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