Does Amazon.com Stock Lead the Pack?
With Amazon.com surging 9.6% in a Day, it makes sense to re-evaluate vs its peers. Consistently assessing alternatives is core to a sound investment approach. Here is how Amazon.com (AMZN) stock stacks up against its peers in size, valuation, growth and margin.
- AMZN’s operating margin of 11.4% is strong, lower than most peers – trailing MSFT (46.3%).
- AMZN’s revenue growth of 10.9% in the last 12 months is strong, outpacing AAPL, WMT, BABA, W but lagging MSFT.
- AMZN’s stock gained 31.0% over the past year and trades at a PE of 36.8, though peers like BABA, W delivered stronger returns.
As a quick background, Amazon.com provides retail sales of consumer products and subscriptions globally, operates cloud services, and manufactures electronic devices like Kindles, Fire tablets, Fire TVs, Rings, and Echo.
A single stock can be risky, but there is a huge value to a broader, diversified approach we take with the Trefis High Quality Portfolio. We go beyond just equities. Is a portfolio of 10% commodities, 10% gold, and 2% crypto in addition to equities and bonds likely to return more during the next 1-3 years, and protect you better if markets crash 20%? We have crunched the numbers.
| AMZN | MSFT | AAPL | WMT | BABA | W | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 2,597.8 | 3,848.9 | 4,029.3 | 807.2 | 395.6 | 13.5 |
| Revenue ($ Bil) | 670.0 | 293.8 | 408.6 | 693.2 | 1,000.8 | 12.2 |
| PE Ratio | 36.8 | 36.7 | 40.6 | 37.8 | 2.7 | -41.4 |
| LTM Revenue Growth | 10.9% | 15.6% | 6.0% | 4.2% | 5.3% | 3.4% |
| LTM Operating Margin | 11.4% | 46.3% | 31.9% | 4.2% | 14.6% | -0.5% |
| LTM FCF Margin | 2.0% | 26.6% | 23.5% | 2.0% | 15.0% | 2.3% |
| 12M Market Return | 31.0% | 28.4% | 20.2% | 24.7% | 76.9% | 141.7% |
Why does this matter? AMZN just went up 9.8% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell AMZN Stock to see if Amazon.com holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through AMZN Dip Buyer Analysis lens.
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% | |
| AAPL | 6.0% | – | 2.0% | -2.8% | 7.8% |
| WMT | 4.2% | 5.1% | 6.0% | 6.7% | |
| BABA | 5.3% | 5.9% | 8.3% | 1.8% | |
| W | 3.4% | – | -1.3% | -1.8% | -10.9% |
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% | |
| AAPL | 31.9% | – | 31.5% | 29.8% | 30.3% |
| WMT | 4.2% | 4.3% | 4.2% | 3.3% | |
| BABA | 14.6% | 14.8% | 13.2% | 11.9% | |
| W | -0.5% | – | -2.9% | -6.1% | -10.8% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AMZN | 36.8 | – | 38.8 | 51.5 | -314.4 |
| MSFT | 36.7 | 30.8 | 31.7 | 24.7 | |
| AAPL | 40.6 | – | 41.0 | 31.3 | 21.1 |
| WMT | 37.8 | 37.4 | 27.4 | 33.1 | |
| BABA | 2.7 | 1.5 | 2.4 | 3.2 | |
| W | -41.4 | – | -11.1 | -9.5 | -2.6 |
While peer comparison is critical, 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.