As used herein, Amazon.com, we, our, and similar terms include Amazon.com, Inc. and its subsidiaries, unless the context indicates otherwise. We are guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking.
$247.23
$2.66 (-1.06%)
EOD Jul 17, 2026
11.16% operating margin is respectable but not wide. ROIC at 11.99%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 12.4%, still solid. Free cash flow declined 77% despite revenue growth, conversion is weakening.
At 30x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 77% versus the prior year, cash generation momentum has weakened.
29.6x earnings. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$742.78B
▲ +12.4% YoY
Net Income (TTM)
$90.80B
▲ +31.1% YoY
Op. Margin
11.50%
▲ +0.4pp YoY
ROIC
10.86%
▼ -3.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$2.47B
▼ -76.6% YoY
Op. Cash Flow (TTM)
$148.53B
▲ +20.4% YoY
Net Debt
$83.91B
Cash & Equiv.
$143.09B
5Y CAGR: +13.2%
5Y CAGR: -21.6%
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At a P/E of 29.6, Amazon.com (AMZN)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Amazon.com scores 38/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
Amazon.com scores 38 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 11.5% operating margin and a 10.9% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh AMZN's valuation and scores 38/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.