Amazon Historical Income Statement
| 0R1O Stock | 231.50 1.00 0.43% |
Historical analysis of Amazon income statement accounts such as Other Operating Expenses of 279.1 M, EBIT of 9.7 B or Net Income Applicable To Common Shares of 40.3 B can show how well Amazon Inc performed in making a profits. Evaluating Amazon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Amazon's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Amazon Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Amazon Inc is a good buy for the upcoming year.
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About Amazon Income Statement Analysis
Amazon Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Amazon shareholders. The income statement also shows Amazon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Amazon Income Statement Chart
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Amazon Inc. It is also known as Amazon overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Amazon income statement and is an important metric when analyzing Amazon Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Amazon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Amazon Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Amazon's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Interest Income is likely to gain to about 12.2 B in 2024, whereas EBIT is likely to drop slightly above 9.7 B in 2024.
| 2018 | 2019 | 2023 | 2024 (projected) | EBIT | 12.4B | 14.4B | 16.6B | 9.7B | Other Operating Expenses | 296M | 338M | 388.7M | 279.1M |
Amazon income statement Correlations
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Amazon Account Relationship Matchups
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Amazon income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Income Applicable To Common Shares | 10.1B | 11.6B | 21.3B | 33.4B | 38.4B | 40.3B | |
| Tax Provision | 1.4B | 2.4B | 2.9B | 4.8B | 5.5B | 2.8B | |
| Interest Income | 977M | 557M | 224M | 10.1B | 11.6B | 12.2B | |
| Selling General Administrative | 52.2B | 64.3B | 87.2B | 116.5B | 134.0B | 79.0B | |
| Total Revenue | 232.9B | 280.5B | 386.1B | 469.8B | 540.3B | 340.4B | |
| Gross Profit | 93.7B | 115.0B | 152.8B | 197.5B | 227.1B | 137.5B | |
| Operating Income | 12.4B | 14.5B | 22.9B | 24.9B | 28.6B | 17.3B | |
| Cost Of Revenue | 139.2B | 165.5B | 233.3B | 272.3B | 313.2B | 202.9B | |
| Income Before Tax | 11.3B | 14.0B | 24.2B | 38.2B | 43.9B | 46.1B | |
| Net Income | 10.1B | 11.6B | 21.3B | 33.4B | 38.4B | 40.3B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Amazon Stock Analysis
When running Amazon's price analysis, check to measure Amazon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amazon is operating at the current time. Most of Amazon's value examination focuses on studying past and present price action to predict the probability of Amazon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amazon's price. Additionally, you may evaluate how the addition of Amazon to your portfolios can decrease your overall portfolio volatility.