Amazon.com (AMZN) EV-to-EBITDA: 14.27 (As of Jul. 22, 2026) — 48% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AMZN Amazon.com Inc AMZN
94 GF Score
Price $243.79
GF Value $235.77
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Amazon.com EV-to-EBITDA?

Amazon.com AMZN -1.52% 94 EV-to-EBITDA is 14.27 as of Jul. 22, 2026, which is 48% below its 10-year median of 27.42. GuruFocus rates AMZN with a GF Score™ of 94/100 and a GF Value™ of $235.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 947 Retail - Cyclical companies, Amazon.com ranks worse than 72.76% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Amazon.com's enterprise value is $2,689,275 Mil. Amazon.com's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $188,438 Mil. Therefore, Amazon.com's EV-to-EBITDA for today is 14.27.

The historical rank and industry rank for Amazon.com's EV-to-EBITDA or its related term are showing as below:

AMZN' s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.46   Med: 27.42   Max: 48.98
Current: 14.27

During the past 13 years, the highest EV-to-EBITDA of Amazon.com was 48.98. The lowest was 12.46. And the median was 27.42.

AMZN's EV-to-EBITDA is ranked worse than
72.76% of 947 companies
in the Retail - Cyclical industry
Industry Median: 8.92 vs AMZN: 14.27

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-22), Amazon.com's stock price is $243.79. Amazon.com's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $8.360. Therefore, Amazon.com's PE Ratio (TTM) for today is 29.16.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Amazon.com  (NAS:AMZN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Amazon.com's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=243.79/8.360
=29.16

Amazon.com's share price for today is $243.79.
Amazon.com's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.360.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Amazon.com EV-to-EBITDA Related Terms


Amazon.com EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Amazon.com's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Amazon.com EV-to-EBITDA Chart

Amazon.com Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.09 24.26 18.19 19.01 15.16

Amazon.com Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.25 16.56 15.20 15.16 12.24

AMZN vs BABA, PDD, MELI: EV-to-EBITDA Comparison

For the Internet Retail subindustry, Amazon.com's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amazon.com EV-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amazon.com's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Amazon.com's EV-to-EBITDA falls into.


AMZN
94GF Score
Amazon.com Inc AMZN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amazon.com EV-to-EBITDA Calculation

Amazon.com's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2689274.709/188438
=14.27

Amazon.com's current Enterprise Value is $2,689,275 Mil.
Amazon.com's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $188,438 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 14.27 mean?
Amazon.com (AMZN) has a EV-to-EBITDA of 14.27 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Amazon.com. This is 48% below median its historical median of 27.42. Over the past decade, Amazon.com's EV-to-EBITDA has ranged from 12.46 to 48.98. According to the industry distribution chart, Amazon.com ranks #689 out of 947 companies in the Retail - Cyclical industry, placing it in the top 72.8%.
Is Amazon.com's EV-to-EBITDA too high?
Amazon.com's current EV-to-EBITDA of 14.27 is 48% below median its 10-year median of 27.42. Over the past 10 years, this metric has ranged from a low of 12.46 to a high of 48.98. The Retail - Cyclical industry median EV-to-EBITDA is 8.92. Amazon.com's value of 14.27 is 60% above this industry median. Based on the distribution chart, Amazon.com ranks #689 out of 947 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Amazon.com has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amazon.com's EV-to-EBITDA compare to BABA and PDD?
According to the Retail - Cyclical industry distribution chart, Amazon.com ranks #689 out of 947 companies for EV-to-EBITDA. This places Amazon.com in the lower half of its industry. The industry median EV-to-EBITDA is 8.92. Amazon.com's value of 14.27 is 60% above this benchmark. Historically, Amazon.com's own EV-to-EBITDA has ranged from 12.46 to 48.98 over the past decade. While the company's 10-year median is 27.42 vs. the industry median of 8.92, Amazon.com has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Retail - Cyclical company?
The median EV-to-EBITDA among Retail - Cyclical companies is 8.92, based on 947 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amazon.com's current EV-to-EBITDA of 14.27 is 60% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Amazon.com. For the Retail - Cyclical industry, the median EV-to-EBITDA is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amazon.com's current EV-to-EBITDA is 14.27, which is 48% below median its own 10-year median of 27.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amazon.com stock overvalued right now?
Based on GuruFocus' analysis, Amazon.com (AMZN) is currently considered Fairly Valued. The stock's GF Value™ is $235.77, compared to a current price of $243.79 — trading 3.4% above its estimated fair value. The current EV-to-EBITDA is 14.27, which is 48% below median its 10-year median of 27.42 and 60% above the Retail - Cyclical industry median of 8.92. Amazon.com's overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Amazon.com (AMZN), the current EV-to-EBITDA is 14.27 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Amazon.com (AMZN) Overvalued in 2026?

Based on GuruFocus' analysis, Amazon.com stock appears to be overvalued. The current stock price of $243.79 is trading 3.4% above its estimated GF Value™ of $235.77. GuruFocus considers Amazon.com to be Fairly Valued.

Key valuation signals for AMZN:

  • EV-to-EBITDA: 14.27 (48% below median its 10-year median of 27.42)
  • GF Value™: $235.77 vs. price of $243.79 (3.4% above fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 60% above the Retail - Cyclical median (#689 of 947)

No single metric tells the full story. See the AMZN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amazon.com Business Description

Address 410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon's total revenue, led by Germany, the United Kingdom, and Japan.
94GF Score

Get the complete analysis for AMZN

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$243.79
Price
$235.77
GF Value