Amazon Com (AMZN) Return on Capital Employed (2009 - 2026)

Amazon Com (AMZN) posted quarterly Return on Capital Employed of 21.93% for Q2 2026, down 610.0% year-over-year from 4.3% in Q2 2025, and up 5.82% on a QoQ basis from 20.72% in Q1 2026.

Amazon Com (AMZN) Return on Capital Employed (2009 - 2026) Analysis & Trends

Amazon Com has reported Return on Capital Employed for 18 years, with the latest figure at 21.93% in Q2 2026.

  • Return on Capital Employed for Q2 2026 came in at 21.93%, down 610.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 21.93% (down 610.0% YoY), and the FY2025 annual result was 14.41%, down 172.0% from the prior year.
  • Return on Capital Employed advanced to 21.93% in Q2 2026, from 20.72% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 31.06% in Q3 2025 and troughed at 3.11% in Q1 2023.
  • A 5-year average of 17.69% and a median of 18.02% in 2024 frame the typical range for Return on Capital Employed.
  • The widest annual swing landed in 2023, when Return on Capital Employed plunged 672 bps; it then surged 1400 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 15.04% in 2022, then increased by 7 bps to 16.12% in 2023, then soared by 77 bps to 28.49% in 2024, then advanced by 9 bps to 31.06% in 2025, then dropped by 29 bps to 21.93% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 21.93% in Q2 2026, 20.72% in Q1 2026, and 31.06% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Amazon Com 2,966.86 Bn 2,843.87 Bn 198.88 Bn 21.93%
2 PDD Holdings 507.49 Bn 447.95 Bn 9.83 Bn 0.03%
3 Mercadolibre 95.76 Bn 80.56 Bn 4.16 Bn 22.76%
4 DoorDash 91.54 Bn 86.19 Bn 2.35 Bn 5.28%
5 JD.com 87.38 Bn 58.20 Bn 7.66 Bn 4.20%
6 Sea 75.71 Bn 67.19 Bn 3.15 Bn 136.27%
7 Ebay 47.33 Bn 44.02 Bn 2.30 Bn 20.50%
8 Coupang 29.45 Bn 23.34 Bn 2.49 Bn -9.29%
9 Zkh 15.91 Bn 15.91 Bn 51.11 Mn 246,132.27%
10 Wayfair 13.95 Bn 12.80 Bn 1.05 Bn 32.77%

Historic Data

Download Data
DateValue
Jun 30, 2026 21.93%
Mar 31, 2026 20.72%
Sep 30, 2025 31.06%
Jun 30, 2025 28.03%
Mar 31, 2025 24.26%
Sep 30, 2024 28.49%
Jun 30, 2024 19.91%
Mar 31, 2024 12.01%
Sep 30, 2023 16.12%
Jun 30, 2023 5.91%
Mar 31, 2023 3.11%
Sep 30, 2022 15.04%
Jun 30, 2022 11.22%
Mar 31, 2022 9.83%
Sep 30, 2021 19.41%
Jun 30, 2021 13.48%
Mar 31, 2021 15.63%
Dec 31, 2020 20.95%
Sep 30, 2020 20.04%
Jun 30, 2020 19.44%