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| Date | Value |
|---|---|
| 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% |