Amazon.com Inc (AMZN) — Cash Flow Quality Index

Latest as of June 2026: 0.72x

Amazon.com Inc (AMZN) has a Cash Flow Quality Index of 0.72x as of June 2026. Operating cash flow of $45.39 Billion is below net income of $62.65 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore AMZN operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.72x
Operating CF / Net Income

Operating Cash Flow

$45.39 Billion
USD

Net Income

$62.65 Billion
USD

Data as of

Jun 2026
Most recent filing

Amazon.com Inc Cash Flow Quality Index (2003–2025)

Historical Cash Flow Quality Index for Amazon.com Inc across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Amazon.com Inc generate cash.

Annual Cash Flow Quality Index for Amazon.com Inc (2003–2025)

Year-by-year earnings quality comparison for Amazon.com Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.80x $139.51 Billion $77.67 Billion ▼ -8.2%
2024 1.96x $115.88 Billion $59.25 Billion ▼ -29.9%
2023 2.79x $84.95 Billion $30.43 Billion ▲ +101.1%
2021 1.39x $46.33 Billion $33.36 Billion ▼ -55.2%
2020 3.10x $66.06 Billion $21.33 Billion ▼ -6.8%
2019 3.32x $38.51 Billion $11.59 Billion ▲ +9.0%
2018 3.05x $30.72 Billion $10.07 Billion ▼ -49.6%
2017 6.06x $18.36 Billion $3.03 Billion ▼ -16.5%
2016 7.26x $17.20 Billion $2.37 Billion ▼ -64.1%
2015 20.20x $12.04 Billion $596.00 Million ▲ +1.1%
2013 19.98x $5.47 Billion $274.00 Million ▲ +223.0%
2011 6.19x $3.90 Billion $631.00 Million ▲ +103.9%
2010 3.03x $3.50 Billion $1.15 Billion ▼ -16.9%
2009 3.65x $3.29 Billion $902.00 Million ▲ +38.8%
2008 2.63x $1.70 Billion $645.00 Million ▼ -10.9%
2007 2.95x $1.41 Billion $476.00 Million ▼ -20.1%
2006 3.69x $702.00 Million $190.00 Million ▲ +81.0%
2005 2.04x $733.00 Million $359.00 Million ▲ +112.3%
2004 0.96x $566.00 Million $588.45 Million ▼ -91.4%
2003 11.14x $393.00 Million $35.28 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.