Returns snapshot
Amazon's return on equity was 18.9% in FY2025, compared with 20.7% in FY2024. On a trailing-twelve-month basis it was 17.9% as of Q1 FY26. Return ratios measure the profit a company generates relative to the capital invested in it.
Return on equity (latest FY)
18.9%
Return on equity (TTM)
17.9%
Return on assets (latest FY)
9.5%
Return on invested capital (latest FY)
15.9%
Amazon Return on equity
Returns vs. related metrics
Amazon Returns — by fiscal year
| Fiscal year | Return on equity | Return on assets | Return on invested capital |
|---|---|---|---|
| FY2025 | 18.9% | 9.5% | 15.9% |
| FY2024 | 20.7% | 9.5% | 21.5% |
| FY2023 | 15.1% | 5.8% | 14.4% |
| FY2022 | -1.9% | -0.6% | 3.2% |
| FY2021 | 24.1% | 7.9% | 12.4% |
| FY2020 | 22.8% | 6.6% | 17.9% |
| FY2019 | 18.7% | 5.1% | 15.5% |
| FY2018 | 23.1% | 6.2% | 20.5% |
| FY2017 | 10.9% | 2.3% | 7.1% |
| FY2016 | 12.3% | 2.8% | 14.9% |
| FY2015 | 4.5% | 0.9% | 6.7% |
| FY2014 | -2.2% | -0.4% | 4.0% |
| FY2013 | 2.8% | 0.7% | 9.2% |
| FY2012 | -0.5% | -0.1% | 2.8% |
| FY2011 | 8.1% | 2.5% | 15.4% |
| FY2010 | 16.8% | 6.1% | 32.3% |
| FY2009 | 17.2% | 6.5% | 45.9% |
| FY2008 | 24.1% | 7.8% | 195.9% |
| FY2007 | 39.8% | — | — |
| FY2006 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Return on equity | Return on assets | Return on invested capital |
|---|---|---|---|
| Q1 FY26 | 17.9% | 8.6% | 14.2% |
| Q4 FY25 | 16.0% | 8.1% | 15.9% |
| Q3 FY25 | 20.7% | 10.5% | 17.0% |
| Q2 FY25 | 21.2% | 10.4% | 18.9% |
| Q1 FY25 | 21.6% | 10.3% | 19.8% |
| Q4 FY24 | 20.7% | 9.5% | 21.5% |
| Q3 FY24 | 19.2% | 8.5% | 19.8% |
| Q2 FY24 | 18.8% | 8.0% | 18.8% |
| Q1 FY24 | 17.4% | 7.1% | 17.4% |
| Q4 FY23 | 15.1% | 5.8% | 14.4% |
| Q3 FY23 | 11.0% | 4.1% | 10.8% |
| Q2 FY23 | 7.8% | 2.7% | 8.4% |
Figures normalized from SEC filings. See the full Amazon ratios & metrics.