Amazon.com Inc (AMZN) — Financial Flexibility Index

Latest as of June 2026: 0.18x

Amazon.com Inc (AMZN) has a Financial Flexibility Index of 0.18x as of June 2026. Free cash flow of $99.59 Billion (operating CF $45.39 Billion minus capex $54.21 Billion) represents 0% of total liabilities ($544.07 Billion). Check AMZN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.18x
Free Cash Flow / Total Liabilities

Free Cash Flow

$99.59 Billion
Operating CF − Capex

Total Liabilities

$544.07 Billion
USD

Capital Expenditures

$54.21 Billion
USD

Amazon.com Inc Financial Flexibility Index (1996–2025)

Historical Financial Flexibility Index trend for Amazon.com Inc across 30 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Amazon.com Inc.

Annual Financial Flexibility Index for Amazon.com Inc (1996–2025)

Year-by-year free cash flow to debt coverage for Amazon.com Inc. Explore Amazon.com Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.67x $271.33 Billion $139.51 Billion $406.98 Billion ▲ +13.6%
2024 0.59x $198.88 Billion $115.88 Billion $338.92 Billion ▲ +38.9%
2023 0.42x $137.68 Billion $84.95 Billion $325.98 Billion ▲ +21.1%
2022 0.35x $110.40 Billion $46.75 Billion $316.63 Billion ▼ -8.3%
2021 0.38x $107.38 Billion $46.33 Billion $282.30 Billion ▼ -18.4%
2020 0.47x $106.20 Billion $66.06 Billion $227.79 Billion ▲ +37.4%
2019 0.34x $55.38 Billion $38.51 Billion $163.19 Billion ▼ -8.5%
2018 0.37x $44.15 Billion $30.72 Billion $119.10 Billion ▲ +26.7%
2017 0.29x $30.32 Billion $18.36 Billion $103.60 Billion ▼ -25.0%
2016 0.39x $25.01 Billion $17.20 Billion $64.12 Billion ▲ +15.0%
2015 0.34x $17.43 Billion $12.04 Billion $51.36 Billion ▲ +26.5%
2014 0.27x $11.73 Billion $6.84 Billion $43.76 Billion ▼ -8.6%
2013 0.29x $8.92 Billion $5.47 Billion $30.41 Billion ▼ -10.3%
2012 0.33x $7.96 Billion $4.18 Billion $24.36 Billion ▲ +0.2%
2011 0.33x $5.71 Billion $3.90 Billion $17.52 Billion ▼ -13.0%
2010 0.37x $4.47 Billion $3.50 Billion $11.93 Billion ▼ -12.5%
2009 0.43x $3.67 Billion $3.29 Billion $8.56 Billion ▲ +19.1%
2008 0.36x $2.03 Billion $1.70 Billion $5.64 Billion ▲ +16.8%
2007 0.31x $1.63 Billion $1.41 Billion $5.29 Billion ▲ +31.9%
2006 0.23x $918.00 Million $702.00 Million $3.93 Billion ▼ -14.0%
2005 0.27x $937.00 Million $733.00 Million $3.45 Billion ▲ +44.1%
2004 0.19x $655.00 Million $566.00 Million $3.48 Billion ▲ +37.3%
2003 0.14x $439.00 Million $393.00 Million $3.20 Billion ▲ +115.0%
2002 0.06x $213.45 Million $174.29 Million $3.34 Billion ▲ +382.9%
2001 -0.02x $-69.46 Million $-119.78 Million $3.08 Billion ▼ -1722.4%
2000 0.00x $4.32 Million $-130.44 Million $3.10 Billion ▼ -98.4%
1999 0.09x $196.18 Million $-90.88 Million $2.20 Billion ▼ -23.4%
1998 0.12x $59.37 Million $31.04 Million $509.71 Million ▲ +70.4%
1997 0.07x $8.29 Million $687.00K $121.25 Million ▲ +149.6%
1996 -0.14x $-675.00K $-2.01 Million $4.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities