For the first time in almost a decade, online retail platform Amazon reported a net loss of 2.7 billion U.S. dollars in 2022. After that, in the fiscal year ending December 31st 2023, the net income amounted to 30.4 billion U.S. dollars.
Amazon's financial performance in 2024 demonstrates remarkable strength, particularly highlighted by its third-quarter results. The company reported revenues of $158.9 billion, representing an 11% year-over-year growth, while operating income soared 56% to $17.4 billion.
As long as AWS can maintain its profit margins and continue growing at its current 19% year-over-year pace, Amazon as a whole will continue to succeed and rapidly grow profits. At 44 times forward earnings, Amazon isn't cheap.
Amazon's likelihood of distress is less than 3% at this time. It is unlikely to undergo any financial distress in the next 24 months. Odds of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions.
Amazon Stock Forecast
The 43 analysts with 12-month price forecasts for Amazon stock have an average target of 244.6, with a low estimate of 197 and a high estimate of 290. The average target predicts an increase of 10.29% from the current stock price of 221.78.
Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress. Amazon.com has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Up to half of the Amazon rainforest could hit a tipping point by 2050 as a result of water stress, land clearance and climate disruption, a study has shown.
If you look at large companies, their lifespans tend to be 30+ years, not 100+ years.” According to his outlook, that gives Amazon only about 3 to 5 years of remaining life. While that's probably a bit too aggressive, the company does face many short and long term risks. So, what's Amazon's biggest threat?
Amazon's quickly expanding bottom line, especially when compared to Apple's more muted growth, helps justify paying what is a slightly premium valuation. Looking out over the next five years, I believe Amazon has a chance to produce a higher return than Apple, making it a better stock to buy.
Walmart is the largest US retailer overall, while Amazon dominates online retail. Over the past several years, Amazon's revenue growth has significantly outpaced Walmart's, and its profits have also surged.
Bali, Indonesia – A vicious cycle of climate change and deforestation could wipe out or severely damage nearly 60% of the Amazon forest by 2030, says WWF.
Total debt on the balance sheet as of September 2024 : $134.69 Billion USD. According to Amazon's latest financial reports the company's total debt is $134.69 Billion USD. A company's total debt is the sum of all current and non-current debts.
Rapidly rising fulfillment and delivery costs largely explain Amazon's deteriorating profitability. Excluding AWS, Amazon's revenue increased just 3 percent year over year in the first quarter, reaching $98 billion.
Amazon founder Jeff Bezos is the third-richest person in the world as of November 2024, according to Forbes' Real Time Billionaires Index. Bezos has an estimated net worth near $230 billion. He owns a little less than 9% of Amazon.com, or about 926 million shares.
Net sales increased 11% to $158.9 billion in the third quarter, compared with $143.1 billion in third quarter 2023. Excluding the $0.2 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with third quarter 2023.
Consumers are also likely wooed by Amazon's low prices. It's a point proven by a study from e-commerce researcher Profitero that found Amazon is the most affordable online retailer in several essential categories, from baby products to vitamins.
If the burned land is left alone, Amazon plants typically return on their own, bursting forth from seeds and roots in the soil. But severe fires can destroy these buried remnants too, denying some species the chance to return. As such, the forests that grow back often lack the diversity of their predecessors.
Annual Turnover Rate: Some reports estimate that the annual turnover rate for Amazon's hourly workers is around 100%, meaning that, on average, the company replaces nearly its entire hourly workforce each year. This is particularly noticeable in its warehouse and fulfillment operations.
Amazon rainforest stores carbon for the world, but this carbon sink is at risk, a study finds. BRASILIA, Brazil (AP) — The Amazon rainforest stores the equivalent of almost two years of global carbon emissions, but its role as a carbon sink is under threat, according to a study released Monday.
A study published Wednesday in the journal Nature says that by 2050, 10 percent to 47 percent of the forest is expected to reach critical thresholds for warming temperatures, extreme droughts, deforestation and fires.
Amazon warehouse workers are anxious, depressed, and burned out. Nearly three quarters report feeling pressure to work faster.
Debt Numbers: By the end of 2023, Amazon's long-term debt was around $135 billion. They're big on using debt strategically, whether for acquisitions, expanding AWS, or building warehouses.