Amazon.com Inc (AMZN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Amazon.com Inc (AMZN) has a cash flow conversion efficiency ratio of 0.059x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($26.03 Billion) by net assets ($441.91 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AMZN equity financing ratio to measure how much of total assets are equity-financed.
Amazon.com Inc - Cash Flow Conversion Efficiency Trend (1996–2025)
This chart illustrates how Amazon.com Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Amazon.com Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Amazon.com Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Amazon.com Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Microsoft Corporation
NASDAQ:MSFT
|
0.113x |
|
Apple Inc
NASDAQ:AAPL
|
0.611x |
|
NVIDIA Corporation
NASDAQ:NVDA
|
0.230x |
|
Alphabet Inc Class A
NASDAQ:GOOGL
|
0.096x |
|
Taiwan Semiconductor Manufacturing Co. Ltd.
TW:2330
|
0.137x |
|
Alphabet Inc Class C
NASDAQ:GOOG
|
0.096x |
|
Broadcom Inc
NASDAQ:AVGO
|
0.103x |
Annual Cash Flow Conversion Efficiency for Amazon.com Inc (1996–2025)
The table below shows the annual cash flow conversion efficiency of Amazon.com Inc from 1996 to 2025. For the full company profile with market capitalisation and key ratios, see AMZN stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $411.06 Billion | $139.51 Billion | 0.339x | -16.24% |
| 2024-12-31 | $285.97 Billion | $115.88 Billion | 0.405x | -3.70% |
| 2023-12-31 | $201.88 Billion | $84.95 Billion | 0.421x | +31.44% |
| 2022-12-31 | $146.04 Billion | $46.75 Billion | 0.320x | -4.47% |
| 2021-12-31 | $138.25 Billion | $46.33 Billion | 0.335x | -52.62% |
| 2020-12-31 | $93.40 Billion | $66.06 Billion | 0.707x | +13.97% |
| 2019-12-31 | $62.06 Billion | $38.51 Billion | 0.621x | -12.03% |
| 2018-12-31 | $43.55 Billion | $30.72 Billion | 0.705x | +6.44% |
| 2017-12-31 | $27.71 Billion | $18.36 Billion | 0.663x | -25.70% |
| 2016-12-31 | $19.29 Billion | $17.20 Billion | 0.892x | -0.83% |
| 2015-12-31 | $13.38 Billion | $12.04 Billion | 0.900x | +41.21% |
| 2014-12-31 | $10.74 Billion | $6.84 Billion | 0.637x | +13.39% |
| 2013-12-31 | $9.75 Billion | $5.47 Billion | 0.562x | +10.10% |
| 2012-12-31 | $8.19 Billion | $4.18 Billion | 0.510x | +1.41% |
| 2011-12-31 | $7.76 Billion | $3.90 Billion | 0.503x | -1.18% |
| 2010-12-31 | $6.86 Billion | $3.50 Billion | 0.509x | -18.71% |
| 2009-12-31 | $5.26 Billion | $3.29 Billion | 0.626x | -1.37% |
| 2008-12-31 | $2.67 Billion | $1.70 Billion | 0.635x | -45.89% |
| 2007-12-31 | $1.20 Billion | $1.41 Billion | 1.174x | -27.94% |
| 2006-12-31 | $431.00 Million | $702.00 Million | 1.629x | -45.34% |
| 2005-12-31 | $246.00 Million | $733.00 Million | 2.980x | +219.50% |
| 2004-12-31 | $-227.00 Million | $566.00 Million | -2.493x | -557.36% |
| 2003-12-31 | $-1.04 Billion | $393.00 Million | -0.379x | -194.41% |
| 2002-12-31 | $-1.35 Billion | $174.29 Million | -0.129x | -254.88% |
| 2001-12-31 | $-1.44 Billion | $-119.78 Million | 0.083x | -38.32% |
| 2000-12-31 | $-967.25 Million | $-130.44 Million | 0.135x | +139.52% |
| 1999-12-31 | $266.28 Million | $-90.88 Million | -0.341x | -252.57% |
| 1998-12-31 | $138.75 Million | $31.04 Million | 0.224x | +830.91% |
| 1997-12-31 | $28.59 Million | $687.00K | 0.024x | +104.06% |
| 1996-12-31 | $3.40 Million | $-2.01 Million | -0.591x | -- |
About Amazon.com Inc
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, fire tablets, fire TVs, echo, ring, blink, and… Read more