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Amazon.com, Inc. (AMZN) Return on Invested Capital (ROIC): 10.70%

Is Amazon.com, Inc.’s return on invested capital (roic) high or low?

Amazon.com, Inc.'s return on invested capital (roic) of 10.70% is 23% above its 5-year average of 8.71%, near the high end of its 5-year range (1.83%–13.32%).

The return on invested capital (roic) for Amazon.com, Inc. (AMZN) is 10.70% as of Tuesday, June 9, 2026. It is below its 12-month average by 10.91% (12.01%).

AMZN Return on Invested Capital (ROIC) Chart

AMZN Return on Invested Capital (ROIC)
10.70%-19.67% 1Y
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AMZN Average Return on Invested Capital (ROIC) Chart

AMZN Current vs Average Return on Invested Capital (ROIC) Chart

AMZN Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

10.70%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

12.01%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

8.52%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

8.71%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

7.90%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

6.77%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

8.81%

CURRENT VS TTM AVG

-10.91%

CURRENT VS 3Y AVG

+25.59%

CURRENT VS 5Y AVG

+22.85%

CURRENT VS 10Y AVG

+35.38%

CURRENT VS 15Y AVG

+58.08%

CURRENT VS 20Y AVG

+21.39%

AMZN Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Amazon.com, Inc. (AMZN)10.70%12.01%8.52%8.71%
Apple Inc. (AAPL)$4.27T51.97%48.14%46.56%44.75%
Microsoft Corporation (MSFT)$3.00T21.63%21.95%23.20%22.53%
Alphabet Inc. (GOOGL)$4.41T21.82%23.81%22.79%21.06%
Walmart Inc. (WMT)$946.06B11.87%12.46%11.40%11.10%
Target Corporation (TGT)$57.49B9.76%10.43%10.92%12.67%

Capital Efficiency

ROIC

10.7%

ROE

18.9%

Amazon.com, Inc. Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Amazon.com, Inc. Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (roic) for Amazon.com, Inc. (AMZN)?
The return on invested capital (roic) for AMZN stock is 10.70%.
Is Amazon.com, Inc.'s return on invested capital (roic) high or low?
Amazon.com, Inc.'s return on invested capital (roic) of 10.70% is 23% above its 5-year average of 8.71%, near the high end of its 5-year range (1.83%–13.32%).
What is the TTM average return on invested capital (roic) for Amazon.com, Inc. (AMZN)?
The TTM average return on invested capital (roic) for AMZN stock is 12.01%.
What is the 3Y average return on invested capital (roic) for Amazon.com, Inc. (AMZN)?
The 3Y average return on invested capital (roic) for AMZN stock is 8.52%.
What is the 5Y average return on invested capital (roic) for Amazon.com, Inc. (AMZN)?
The 5Y average return on invested capital (roic) for AMZN stock is 8.71%.
What is the 10Y average return on invested capital (roic) for Amazon.com, Inc. (AMZN)?
The 10Y average return on invested capital (roic) for AMZN stock is 7.90%.
What is the 15Y average return on invested capital (roic) for Amazon.com, Inc. (AMZN)?
The 15Y average return on invested capital (roic) for AMZN stock is 6.77%.
What is the 20Y average return on invested capital (roic) for Amazon.com, Inc. (AMZN)?
The 20Y average return on invested capital (roic) for AMZN stock is 8.81%.

Amazon.com, Inc. Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-12-3110.70%
2024-12-3113.32%
2023-12-318.23%
2022-12-311.83%
2021-12-317.82%
2020-12-3110.36%
2019-12-318.78%
2018-12-3111.78%
2017-12-314.46%
2016-12-316.87%
2015-12-312.79%
2014-12-310.67%
2013-12-312.73%
2012-12-31-0.50%
2011-12-315.68%
2010-12-3112.78%
2009-12-3113.67%
2008-12-3116.79%
2007-12-3116.94%
2006-12-3110.71%
2005-12-3118.70%
2004-12-3126.97%
2003-12-3126.49%
2002-12-316.81%
2001-12-31-56.39%
2000-12-31-73.41%
1999-12-31-34.68%
1998-12-31-22.36%
1997-12-31-30.52%
1996-12-31-189.50%