Amazon.com, Inc. is an American online retailer with a wide range of products. According to its own information, Amazon, as the market leader in Internet trade, has the world's largest selection of books, CDs and videos. Via the integrated sales platform Marketplace, private individuals or other companies can also offer new and used products as part of online trading. The Amazon Kindle is sold under its own brand as a reader for electronic books, the Amazon Fire HD tablet computer, the Fire TV set-top box, the Fire TV Stick HDMI stick and the Echo speech recognition system.
With sales of $280 billion in 2019, a profit of $11.6 billion, and a market value of $1.32 trillion (June 2020), it was the third most valuable after Apple and Microsoft, and even before Google United States company.
According to Amazon's latest financial reports and stock price the company's current Operating Margin is 6.53%. At the end of 2023 the company had an Operating Margin of 6.53%.
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.