Amazon.com, Inc. (AMZN) vs Alphabet Inc. (GOOG)

A side-by-side comparison of Amazon.com, Inc. and Alphabet Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 29, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: AMZN is classified in Consumer Cyclical; GOOG is classified in Communication Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAMZN vs GOOG

growth of $100 · dividends reinvested · last 22y
AMZN +11986.9%GOOG +13332.9%GOOG compounded faster
05k10k15kStart $10020082012201620202024$12,087$13,433
AMZN GOOG

AMZN vs GOOG: by the numbers

  • GOOG is the larger company ($4.03T vs $2.48T market cap).
  • GOOG trades at the lower trailing earnings multiple (16.40 vs 27.61 P/E), one valuation lens rather than an overall verdict.
  • GOOG converts more revenue to profit (54.76% vs 12.22% net margin).
  • GOOG grew revenue faster over the past five years (15.15% vs 12.13% CAGR).
  • GOOG pays a dividend (0.26% yield), while AMZN has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAMZNGOOG
P/E ratio27.6116.40
Forward P/E26.1316.72
P/S ratio3.389.01
P/B ratio5.686.28
PEG ratio1.100.84
EV / EBITDA16.8023.57
FCF yieldN/A1.05%

Profitability

MetricAMZNGOOG
Gross margin50.60%60.90%
Operating margin11.50%33.12%
Net margin12.22%54.76%
ROE20.55%38.13%
ROIC10.70%21.82%

Dividends

MetricAMZNGOOG
Dividend yieldN/A0.26%
Payout ratioN/A7.79%

Growth (annualized)

MetricAMZNGOOG
Revenue CAGR (5Y)12.13%15.15%
EPS CAGR (5Y)27.90%29.81%
FCF CAGR (5Y)-21.57%11.33%
Total return CAGR (5Y)4.93%19.75%

Frequently asked

Which has the lower trailing P/E, AMZN or GOOG?
GOOG has the lower trailing P/E: AMZN trades at 27.61 and GOOG at 16.40. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMZN or GOOG?
Over the past five years, GOOG grew revenue faster — AMZN at a 12.13% CAGR versus GOOG at 15.15%.
Does AMZN or GOOG pay a bigger dividend?
GOOG pays a dividend (0.26% yield), while AMZN has no payments in the available dividend history.
Is AMZN or GOOG more profitable?
GOOG runs the higher net margin — AMZN at 12.22% versus GOOG at 54.76%.
How have AMZN and GOOG total returns compared?
Over the past 10 years, AMZN delivered 19.89% and GOOG delivered 24.58% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 29, 2026.