Amazon.com (WBO:AMZN) Tax Rate % : 19.00% (As of Mar. 2024)

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What is Amazon.com Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Amazon.com's Tax Expense for the three months ended in Mar. 2024 was €2,270 Mil. Amazon.com's Pre-Tax Income for the three months ended in Mar. 2024 was €11,944 Mil. Therefore, Amazon.com's Tax Rate % for the quarter that ended in Mar. 2024 was 19.00%.

Amazon.com Tax Rate % Historical Data

The historical data trend for Amazon.com's Tax Rate % 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.

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Amazon.com Tax Rate % Chart

Amazon.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.99

11.84

12.56

54.19

18.96

Amazon.com Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															23.02	10.63	18.92	22.37	19.00

Amazon.com Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Amazon.com's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	6529.04	/	34439.769
	=	18.96 %

Amazon.com's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	2269.64	/	11944.36
	=	19.00 %

Amazon.com Tax Rate % Related Terms

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Amazon.com (WBO:AMZN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Amazon.com Inc (WBO:AMZN) » Definitions » Tax Rate %

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Address

410 Terry Avenue North, Seattle, WA, USA, 98109-5210

Website

https://www.amazon.com

Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.