How Does Amazon.com Stock Stack Up Against Its Peers?
As of January 14, 2026, Amazon (AMZN) stock has delivered an 11% return over the past year, lagging some mega-cap tech peers like Google (78%) and Microsoft (14%). While boasting the highest revenue scale at $670.038 billion, its profitability (11.37% operating margin) and free cash flow (2.01% FCF margin) are considerably lower than high-margin software and ad-tech peers. A P/E of 36.54 suggests a full valuation for its 10.87% LTM revenue growth, indicating limited upside versus more capital-efficient growth models.
- AMZN’s 11.4% operating margin, lower than MSFT’s 46.3%, reflects its diverse, lower-margin retail/AWS mix vs. high-margin software.
- AMZN’s 10.9% LTM revenue growth, outpacing WMT but lagging high-growth digital/AI peers, signals its mixed retail/cloud exposure.
- AMZN’s 11.4% stock gain and 36.5 PE trailed peers, reflecting investor caution on future growth or market valuation of its diverse segments.
Here’s how Amazon.com stacks up across size, valuation, and profitability versus key peers.
| AMZN | MSFT | GOOGL | WMT | META | NFLX | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 2,580.5 | 3,498.5 | 4,060.5 | 959.8 | 1,588.5 | 383.4 |
| Revenue ($ Bil) | 670.0 | 293.8 | 385.5 | 703.1 | 189.5 | 43.4 |
| PE Ratio | 36.5 | 33.3 | 32.7 | 41.9 | 27.1 | 36.8 |
| LTM Revenue Growth | 10.9% | 15.6% | 13.4% | 4.3% | 21.3% | 15.4% |
| LTM Operating Margin | 11.4% | 46.3% | 32.2% | 4.1% | 43.2% | 29.1% |
| LTM FCF Margin | 2.0% | 26.6% | 19.1% | 2.2% | 23.7% | 20.7% |
| 12M Market Return | 11.4% | 14.1% | 77.8% | 33.8% | 6.5% | 9.0% |
For more details on Amazon.com, read Buy or Sell AMZN Stock. Below we compare AMZN’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AMZN | 10.9% | – | 11.0% | 11.8% | 9.4% |
| MSFT | 15.6% | 14.9% | 15.7% | 6.9% | |
| GOOGL | 13.4% | – | 13.9% | 8.7% | 9.8% |
| WMT | 4.3% | 5.1% | 6.0% | 6.7% | |
| META | 21.3% | – | 21.9% | 15.7% | -1.1% |
| NFLX | 15.4% | – | 15.6% | 6.7% | 6.5% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AMZN | 11.4% | – | 10.8% | 6.4% | 2.4% |
| MSFT | 46.3% | 45.6% | 44.6% | 41.8% | |
| GOOGL | 32.2% | – | 32.1% | 27.4% | 26.5% |
| WMT | 4.1% | 4.3% | 4.2% | 3.3% | |
| META | 43.2% | – | 42.2% | 34.7% | 24.8% |
| NFLX | 29.1% | – | 26.7% | 20.6% | 17.8% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AMZN | 36.5 | – | 40.8 | 74.3 | -568.7 |
| MSFT | 33.3 | 35.3 | 35.5 | 38.7 | |
| GOOGL | 32.7 | – | 38.5 | 32.4 | 30.4 |
| WMT | 41.9 | 46.1 | 47.0 | 36.8 | |
| META | 27.1 | – | 26.8 | 38.5 | 41.0 |
| NFLX | 36.8 | – | 46.2 | 72.8 | 48.2 |
Still not sure about AMZN stock? Consider portfolio approach.
Portfolios Win When Stock Picks Fall Short
Single stocks swing wildly but staying invested matters. A well built portfolio keeps you invested, captures upside and softens the blows from individual stocks
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.