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Amazon.com, Inc. (AMZN) EBITDA Margin: 23.06%

Is Amazon.com, Inc.’s ebitda margin high or low?

Amazon.com, Inc.'s ebitda margin of 23.06% is 46% above its 5-year average of 15.75%, near the high end of its 5-year range (7.46%–23.06%).

The ebitda margin for Amazon.com, Inc. (AMZN) is 23.06% as of Tuesday, June 9, 2026. It is above its 12-month average by 8.59% (21.23%).

AMZN EBITDA Margin Chart

AMZN EBITDA Margin
23.06%+18.80% 1Y
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AMZN Average EBITDA Margin Chart

AMZN Current vs Average EBITDA Margin Chart

AMZN EBITDA Margin Metrics

EBITDA MARGIN

23.06%

EBITDA MARGIN AVG TTM

21.23%

EBITDA MARGIN AVG 3Y

16.37%

EBITDA MARGIN AVG 5Y

15.75%

EBITDA MARGIN AVG 10Y

13.26%

EBITDA MARGIN AVG 15Y

10.73%

EBITDA MARGIN AVG 20Y

9.76%

CURRENT VS TTM AVG

+8.59%

CURRENT VS 3Y AVG

+40.87%

CURRENT VS 5Y AVG

+46.38%

CURRENT VS 10Y AVG

+73.87%

CURRENT VS 15Y AVG

+114.99%

CURRENT VS 20Y AVG

+136.28%

AMZN Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
Amazon.com, Inc. (AMZN)23.06%21.23%16.37%15.75%
Apple Inc. (AAPL)$4.27T34.70%34.61%34.31%34.07%
Microsoft Corporation (MSFT)$3.00T56.85%55.55%52.82%51.63%
Alphabet Inc. (GOOGL)$4.41T44.66%41.67%36.33%36.57%
Walmart Inc. (WMT)$946.06B6.52%6.34%5.81%5.80%
Target Corporation (TGT)$57.49B7.97%8.04%8.03%8.29%

Margin Comparison

Gross Margin

50.3%

EBITDA Margin

23.1%

Operating Margin

11.2%

Net Margin

10.8%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

Amazon.com, Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Amazon.com, Inc. EBITDA Margin FAQ

What is the ebitda margin for Amazon.com, Inc. (AMZN)?
The ebitda margin for AMZN stock is 23.06%.
Is Amazon.com, Inc.'s ebitda margin high or low?
Amazon.com, Inc.'s ebitda margin of 23.06% is 46% above its 5-year average of 15.75%, near the high end of its 5-year range (7.46%–23.06%).
What is the TTM average ebitda margin for Amazon.com, Inc. (AMZN)?
The TTM average ebitda margin for AMZN stock is 21.23%.
What is the 3Y average ebitda margin for Amazon.com, Inc. (AMZN)?
The 3Y average ebitda margin for AMZN stock is 16.37%.
What is the 5Y average ebitda margin for Amazon.com, Inc. (AMZN)?
The 5Y average ebitda margin for AMZN stock is 15.75%.
What is the 10Y average ebitda margin for Amazon.com, Inc. (AMZN)?
The 10Y average ebitda margin for AMZN stock is 13.26%.
What is the 15Y average ebitda margin for Amazon.com, Inc. (AMZN)?
The 15Y average ebitda margin for AMZN stock is 10.73%.
What is the 20Y average ebitda margin for Amazon.com, Inc. (AMZN)?
The 20Y average ebitda margin for AMZN stock is 9.76%.

Amazon.com, Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3123.06%
2024-12-3119.41%
2023-12-3115.55%
2022-12-317.46%
2021-12-3115.83%
2020-12-3113.21%
2019-12-3113.32%
2018-12-3112.03%
2017-12-319.07%
2016-12-319.19%
2015-12-317.76%
2014-12-315.44%
2013-12-315.24%
2012-12-314.57%
2011-12-314.33%
2010-12-316.15%
2009-12-316.42%
2008-12-316.57%
2007-12-316.63%
2006-12-316.16%
2005-12-317.55%
2004-12-317.77%
2003-12-314.65%
2002-12-311.90%
2001-12-31-3.89%
2000-12-31-20.62%
1999-12-31-18.73%
1998-12-31-7.05%
1997-12-31-18.44%
1996-12-31-37.76%