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.

Revenue
+12.1%
EPS
−3.24%
Free cash flow
−2,679.5%
Total debt
+241.2%

Quarter to September 2026, against a year earlier

260.23 5.80 −2.18%
Market cap
$2.81T
P/E
20.8×
Fwd P/E
18.7×
Dividend yield
—
F-score
6/9
Altman Z
5.27
Beneish M
−2.63
Dividend safety
n/a

Amazon.com, Inc. (AMZN) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Amazon.com, Inc. (AMZN) trades at a EV/EBITDA of 15.6×. Over the past ten years it has ranged from 13.6× (April 2025) to 48.8× (March 2018); the current reading is higher than 3% of that period. That is below the Internet Retail industry median of 17.3× and above the Consumer Cyclical sector median of 9.8×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 16.5× (11.03%)
FY2024 18.5× 4.49%
FY2023 17.7× 10.21%
FY2022 16.1× (41.79%)
FY2021 27.6× (15.72%)
FY2020 32.8× 35.20%
FY2019 24.3× (5.65%)
FY2018 25.7× (29.02%)
FY2017 36.2× 31.48%
FY2016 27.5× (22.85%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 15.0× (1.76%)
Jun 2026 15.2× 7.25%
Mar 2026 14.2× (13.85%)
Dec 2025 16.5× (1.02%)
43 more quarters

Against its own ten years

Low 13.6× High 48.8×
Ten-year median 28.0×
Current reading's percentile 3

EV/EBITDA against peers

Company EV/EBITDA
CPNG Coupang, Inc. compare n/m
PDD PDD Holdings Inc. Sponsored ADR compare 2.8×
AMZN Amazon.com, Inc. 15.6×
SE Sea Limited Sponsored ADR compare 16.6×
MELI MercadoLibre, Inc. compare 17.3×
EBAY eBay Inc. compare 19.6×
BABA Alibaba Group Holding Limited compare 34.4×
DASH DoorDash, Inc. compare 35.5×
JD JD.com, Inc. compare 42.8×
Internet Retail industry median 17.3×
Consumer Cyclical sector median 9.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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