Amazon.com Inc (AMZN) — Free Cash Flow Generation Index

Latest as of March 2026: -0.70x

Amazon.com Inc (AMZN) has a Free Cash Flow Generation Index of -0.70x as of March 2026. Free cash flow of $-18.17 Billion represents -1% of operating cash flow ($26.03 Billion). Read AMZN current and long-term liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

-0.70x
Free Cash Flow / Operating CF

Free Cash Flow

$-18.17 Billion
USD

Operating Cash Flow

$26.03 Billion
USD

Capital Expenditures

$44.20 Billion
USD

Amazon.com Inc Free Cash Flow Generation Index (1997–2025)

Historical FCF Generation Index trend for Amazon.com Inc across 26 annual periods. Explore Amazon.com Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Amazon.com Inc (1997–2025)

Year-by-year Free Cash Flow Generation Index for Amazon.com Inc. For the full company profile including market capitalisation, see Amazon.com Inc market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.06x $7.70 Billion $139.51 Billion $131.82 Billion ▼ -80.6%
2024 0.28x $32.88 Billion $115.88 Billion $83.00 Billion ▼ -25.2%
2023 0.38x $32.22 Billion $84.95 Billion $52.73 Billion ▲ +205.0%
2022 -0.36x $-16.89 Billion $46.75 Billion $63.65 Billion ▼ -13.7%
2021 -0.32x $-14.73 Billion $46.33 Billion $61.05 Billion ▼ -181.0%
2020 0.39x $25.92 Billion $66.06 Billion $40.14 Billion ▼ -30.2%
2019 0.56x $21.65 Billion $38.51 Billion $16.86 Billion ▼ -0.1%
2018 0.56x $17.30 Billion $30.72 Billion $13.43 Billion ▲ +61.3%
2017 0.35x $6.41 Billion $18.36 Billion $11.96 Billion ▼ -36.1%
2016 0.55x $9.40 Billion $17.20 Billion $7.80 Billion ▼ -1.1%
2015 0.55x $6.65 Billion $12.04 Billion $5.39 Billion ▲ +94.0%
2014 0.28x $1.95 Billion $6.84 Billion $4.89 Billion ▼ -23.2%
2013 0.37x $2.03 Billion $5.47 Billion $3.44 Billion ▲ +292.6%
2012 0.09x $395.00 Million $4.18 Billion $3.79 Billion ▼ -82.4%
2011 0.54x $2.09 Billion $3.90 Billion $1.81 Billion ▼ -25.5%
2010 0.72x $2.52 Billion $3.50 Billion $979.00 Million ▼ -18.8%
2009 0.89x $2.92 Billion $3.29 Billion $373.00 Million ▲ +10.3%
2008 0.80x $1.36 Billion $1.70 Billion $333.00 Million ▼ -4.4%
2007 0.84x $1.18 Billion $1.41 Billion $224.00 Million ▲ +21.4%
2006 0.69x $486.00 Million $702.00 Million $216.00 Million ▼ -4.1%
2005 0.72x $529.00 Million $733.00 Million $204.00 Million ▼ -14.4%
2004 0.84x $477.00 Million $566.00 Million $89.00 Million ▼ -4.6%
2003 0.88x $347.00 Million $393.00 Million $46.00 Million ▲ +13.9%
2002 0.78x $135.13 Million $174.29 Million $39.16 Million ▲ +790.5%
1998 0.09x $2.70 Million $31.04 Million $28.33 Million ▲ +100.9%
1997 -10.07x $-6.92 Million $687.00K $7.60 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).