Amazon COM
AMZN on Nasdaq. Amazon sells products and computing services to consumers, businesses, and sellers. Market value $2769.7bn.
Ranked 1228 of 1,305 on tonight’s list. On the list every night since 10 September 2026.
We could not compute this from the filings.
You pay 34.4 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 11 cents a year. Above 10 is good.
Five years of cash, in billions
| Revenue | $469.8bn | $514.0bn | $574.8bn | $638.0bn | $716.9bn |
| Operating margin | 5.3% | 2.4% | 6.4% | 10.8% | 11.2% |
| Debt to equity | 0.35 | 0.46 | 0.29 | 0.18 | 0.16 |
| Shares outstanding | 0.50bn | 0.51bn | 10.25bn | 10.39bn | 10.60bn |
Health checks
- Free cash flow positive0 of 5 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)5 of 9
- Profit backed by cash (accruals)Yes
- Debt0.16× equity
- Revenue growth, five yearsStrong, 11.1% a year
- Buying back its own sharesNo, 2005% more shares since 2021
Dates
Funds that own it
| Manager | Value | Change |
|---|---|---|
| Dodge & Cox | $4.0bn | Added 11% |
| Eagle Capital Management | $2.7bn | Cut 3% |
| Pershing Square | $2.4bn | Added 19% |
| TIGER GLOBAL MANAGEMENT LLC | $2.3bn | Cut 9% |
| GMO Asset Management | $1.5bn | Held |
| AltaRock Partners | $1.4bn | Cut 24% |
| Appaloosa LP | $1.2bn | Added 16% |
| Harris Associates | $1.1bn | Cut 2% |
| Davis Selected Advisers | $1.0bn | Added 25% |
| Baupost Group | $892m | Added 20% |
| Egerton Capital | $852m | Added 51% |
| Polen Capital | $670m | Cut 28% |
| Markel Group | $484m | Held |
| Bridgewater Associates | $483m | Cut 54% |
| Third Point | $417m | Cut 10% |
| First Pacific Advisors | $324m | Cut 4% |
| Glenview Capital | $303m | Added 20% |
| AKO Capital | $272m | Cut 34% |
| Jensen Investment Management | $251m | Cut 14% |
| Vulcan Value Partners | $237m | Cut 38% |
| Gotham Asset Management | $200m | Added 6% |
| Diamond Hill Capital | $176m | Cut 29% |
| Triple Frond Partners | $103m | Cut 10% |
| Aristotle Atlantic Partners | $98m | Cut 3% |
| ShawSpring Partners | $37m | Cut 16% |
| Wedgewood Partners | $32m | Added 36% |
| GAMCO Investors | $28m | Cut 34% |
| Brave Warrior Advisors | $631,601 | Added 89% |
| Gardner Russo & Quinn | $223,086 | Cut 10% |
| Weitz Investment Management | $0 | Exited |
From 13F filings for the quarter ending 30 June 2026. These are reported 45 days late and only show long positions.
Insiders
We do not track insider filings for this company yet.
What could go wrong
Cheap for a reason is the question the numbers cannot answer. Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; the five-year figures are rounded.