Amazon.com (FRA:AMZ) EBITDA Margin %: 32.82% (As of Mar. 2026) — 147% Above Median


FRA:AMZ Amazon.com Inc FRA:AMZ
95 GF Score
Price €206.20
GF Value €205.38
Valuation Fairly Valued
! 2 Warning Signs
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What is Amazon.com EBITDA Margin %?

Amazon.com FRA:AMZ +0.59% 95 EBITDA Margin % is 32.82% as of Mar. 2026, which is 147% above its 10-year median of 13.27. GuruFocus rates FRA:AMZ with a GF Score™ of 95/100 and a GF Value™ of €205.38 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Amazon.com ranks better than 91.05% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Amazon.com's EBITDA for the three months ended in Mar. 2026 was €51,536 Mil. Amazon.com's Revenue for the three months ended in Mar. 2026 was €157,014 Mil. Therefore, Amazon.com's EBITDA margin for the quarter that ended in Mar. 2026 was 32.82%.


Amazon.com  (FRA:AMZ) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Amazon.com EBITDA Margin % Related Terms


Amazon.com EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Amazon.com's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Amazon.com EBITDA Margin % Chart

Amazon.com Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.83 7.46 15.55 19.41 23.06

Amazon.com Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.44 21.82 25.26 21.91 32.82

FRA:AMZ vs BABA, PDD, MELI: EBITDA Margin % Comparison

For the Internet Retail subindustry, Amazon.com's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amazon.com EBITDA Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amazon.com's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Amazon.com's EBITDA Margin % falls into.


FRA:AMZ
95GF Score
Amazon.com Inc FRA:AMZ
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Amazon.com EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Amazon.com's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=141201.214/612253.096
=23.06 %

Amazon.com's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=51535.835/157013.935
=32.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 32.82% mean?
Amazon.com (FRA:AMZ) has a EBITDA Margin % of 32.82% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Amazon.com and its competitors. This is 147% above median its historical median of 13.27. Over the past decade, Amazon.com's EBITDA Margin % has ranged from 7.46 to 25.37. According to the industry distribution chart, Amazon.com ranks #101 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 9%.
Is Amazon.com's EBITDA Margin % too high?
Amazon.com's current EBITDA Margin % of 32.82% is 147% above median its 10-year median of 13.27. Over the past 10 years, this metric has ranged from a low of 7.46 to a high of 25.37. The Retail - Cyclical industry median EBITDA Margin % is 7.48. Amazon.com's value of 32.82% is 338.8% above this industry median. Based on the distribution chart, Amazon.com ranks #101 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Amazon.com has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amazon.com's EBITDA Margin % compare to BABA and PDD?
According to the Retail - Cyclical industry distribution chart, Amazon.com ranks #101 out of 1128 companies for EBITDA Margin %. This places Amazon.com in the top 9% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 7.48. Amazon.com's value of 32.82% is 338.8% above this benchmark. Historically, Amazon.com's own EBITDA Margin % has ranged from 7.46 to 25.37 over the past decade. While the company's 10-year median is 13.27 vs. the industry median of 7.48, Amazon.com has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Retail - Cyclical company?
The median EBITDA Margin % among Retail - Cyclical companies is 7.48, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amazon.com's current EBITDA Margin % of 32.82% is 338.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Amazon.com and its competitors. For the Retail - Cyclical industry, the median EBITDA Margin % is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amazon.com's current EBITDA Margin % is 32.82%, which is 147% above median its own 10-year median of 13.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amazon.com stock overvalued right now?
Based on GuruFocus' analysis, Amazon.com (FRA:AMZ) is currently considered Fairly Valued. The stock's GF Value™ is €205.38, compared to a current price of €206.20 — trading 0.4% above its estimated fair value. The current EBITDA Margin % is 32.82%, which is 147% above median its 10-year median of 13.27 and 338.8% above the Retail - Cyclical industry median of 7.48. Amazon.com's overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Amazon.com (FRA:AMZ), the current EBITDA Margin % is 32.82% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Amazon.com (FRA:AMZ) Overvalued in 2026?

Based on GuruFocus' analysis, Amazon.com stock appears to be overvalued. The current stock price of €206.20 is trading 0.4% above its estimated GF Value™ of €205.38. GuruFocus considers Amazon.com to be Fairly Valued.

Key valuation signals for FRA:AMZ:

  • EBITDA Margin %: 32.82% (147% above median its 10-year median of 13.27)
  • GF Value™: €205.38 vs. price of €206.20 (0.4% above fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 338.8% above the Retail - Cyclical median (#101 of 1128)

No single metric tells the full story. See the FRA:AMZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amazon.com Business Description

Address 410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon's total revenue, led by Germany, the United Kingdom, and Japan.
95GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€206.20
Price
€205.38
GF Value