AMZN vs. BA: A Head-to-Head Stock Comparison

Updated on July 8, 2025

Here’s a clear look at AMZN and BA, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Overview

AMZN’s market capitalization of 2,371.81 billion USD is substantially larger than BA’s 162.80 billion USD, indicating a significant difference in their market valuations.

With betas of 1.33 for AMZN and 1.42 for BA, both stocks show similar sensitivity to overall market movements.

Symbol	AMZN	BA
Company Name	Amazon.com, Inc.	The Boeing Company
Country	US	US
Sector	Consumer Cyclical	Industrials
Industry	Specialty Retail	Aerospace & Defense
CEO	Andrew R. Jassy	Robert K. Ortberg
Price	223.41 USD	215.92 USD
Market Cap	2,371.81 billion USD	162.80 billion USD
Beta	1.33	1.42
Exchange	NASDAQ	NYSE
IPO Date	May 15, 1997	January 2, 1962
ADR	No	No

Historical Performance

This chart compares the performance of AMZN and BA by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.

Data is adjusted for dividends and splits.

AMZN vs. BA: Growth of a $10,000 investment over the past one year.

Profitability

Return on Equity

AMZN

24.26%

Specialty Retail Industry

Max: 70.52%
Q3: 29.03%
Median: 10.90%
Q1: -7.86%
Min: -57.43%

AMZN’s Return on Equity of 24.26% is on par with the norm for the Specialty Retail industry, indicating its profitability relative to shareholder equity is typical for the sector.

BA

94.43%

Aerospace & Defense Industry

Max: 42.57%
Q3: 16.67%
Median: 8.39%
Q1: -0.77%
Min: -23.36%

BA’s Return on Equity of 94.43% is exceptionally high, placing it well beyond the typical range for the Aerospace & Defense industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

AMZN vs. BA: A comparison of their ROE against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Return on Invested Capital

AMZN

13.10%

Specialty Retail Industry

Max: 29.46%
Q3: 13.75%
Median: 8.05%
Q1: 0.80%
Min: -17.95%

AMZN’s Return on Invested Capital of 13.10% is in line with the norm for the Specialty Retail industry, reflecting a standard level of efficiency in generating profits from its capital base.

BA

-16.36%

Aerospace & Defense Industry

Max: 23.42%
Q3: 8.86%
Median: 5.47%
Q1: -5.60%
Min: -22.46%

BA has a negative Return on Invested Capital of -16.36%. This indicates that its operations are failing to generate a profit on the total capital invested, signaling significant inefficiency or value destruction.

AMZN vs. BA: A comparison of their ROIC against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Net Profit Margin

AMZN

10.14%

Specialty Retail Industry

Max: 19.78%
Q3: 8.49%
Median: 3.43%
Q1: -0.69%
Min: -9.88%

A Net Profit Margin of 10.14% places AMZN in the upper quartile for the Specialty Retail industry, signifying strong profitability and more effective cost management than most of its peers.

BA

-16.58%

Aerospace & Defense Industry

Max: 22.67%
Q3: 8.04%
Median: 4.95%
Q1: -5.07%
Min: -16.58%

BA has a negative Net Profit Margin of -16.58%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

AMZN vs. BA: A comparison of their Net Profit Margin against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Operating Profit Margin

AMZN

11.02%

Specialty Retail Industry

Max: 24.47%
Q3: 11.10%
Median: 5.85%
Q1: 0.66%
Min: -12.62%

AMZN’s Operating Profit Margin of 11.02% is around the midpoint for the Specialty Retail industry, indicating that its efficiency in managing core business operations is typical for the sector.

BA

-14.63%

Aerospace & Defense Industry

Max: 22.01%
Q3: 11.49%
Median: 8.96%
Q1: 3.77%
Min: -4.96%

BA has a negative Operating Profit Margin of -14.63%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

AMZN vs. BA: A comparison of their Operating Margin against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Profitability at a Glance

Symbol	AMZN	BA
Return on Equity (TTM)	24.26%	94.43%
Return on Assets (TTM)	10.25%	-7.36%
Return on Invested Capital (TTM)	13.10%	-16.36%
Net Profit Margin (TTM)	10.14%	-16.58%
Operating Profit Margin (TTM)	11.02%	-14.63%
Gross Profit Margin (TTM)	49.16%	-2.09%

Financial Strength

Current Ratio

AMZN

1.05

Specialty Retail Industry

Max: 3.24
Q3: 1.99
Median: 1.42
Q1: 1.02
Min: 0.54

AMZN’s Current Ratio of 1.05 aligns with the median group of the Specialty Retail industry, indicating that its short-term liquidity is in line with its sector peers.

BA

1.23

Aerospace & Defense Industry

Max: 5.13
Q3: 3.36
Median: 2.16
Q1: 1.20
Min: 0.41

BA’s Current Ratio of 1.23 aligns with the median group of the Aerospace & Defense industry, indicating that its short-term liquidity is in line with its sector peers.

AMZN vs. BA: A comparison of their Current Ratio against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Debt-to-Equity Ratio

AMZN

0.44

Specialty Retail Industry

Max: 2.72
Q3: 1.42
Median: 0.87
Q1: 0.35
Min: 0.01

AMZN’s Debt-to-Equity Ratio of 0.44 is typical for the Specialty Retail industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

BA

-16.13

Aerospace & Defense Industry

Max: 1.20
Q3: 0.73
Median: 0.51
Q1: 0.09
Min: 0.00

BA has a Debt-to-Equity Ratio of -16.13, which indicates negative shareholder equity where liabilities exceed assets. This is a critical sign of financial distress.

AMZN vs. BA: A comparison of their D/E Ratio against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Interest Coverage Ratio

AMZN

31.13

Specialty Retail Industry

Max: 37.34
Q3: 17.19
Median: 4.28
Q1: 0.11
Min: -23.60

AMZN’s Interest Coverage Ratio of 31.13 is in the upper quartile for the Specialty Retail industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

BA

-3.55

Aerospace & Defense Industry

Max: 12.62
Q3: 7.38
Median: 2.95
Q1: 1.68
Min: -6.68

BA has a negative Interest Coverage Ratio of -3.55. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

AMZN vs. BA: A comparison of their Interest Coverage against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Financial Strength at a Glance

Symbol	AMZN	BA
Current Ratio (TTM)	1.05	1.23
Quick Ratio (TTM)	0.84	0.37
Debt-to-Equity Ratio (TTM)	0.44	-16.13
Debt-to-Asset Ratio (TTM)	0.21	0.34
Net Debt-to-EBITDA Ratio (TTM)	0.50	-6.18
Interest Coverage Ratio (TTM)	31.13	-3.55

Growth

The following charts compare key year-over-year (YoY) growth metrics for AMZN and BA. These metrics are based on the companies’ annual financial reports.

Revenue Growth

AMZN vs. BA: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

AMZN vs. BA: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

AMZN vs. BA: A comparison of their annual year-over-year Free Cash Flow Growth.

Dividend

Dividend Yield

AMZN

0.00%

Specialty Retail Industry

Max: 5.54%
Q3: 1.52%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AMZN currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

BA

0.00%

Aerospace & Defense Industry

Max: 6.00%
Q3: 0.66%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

BA currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

AMZN vs. BA: A comparison of their Dividend Yield against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Dividend Payout Ratio

AMZN

0.00%

Specialty Retail Industry

Max: 177.64%
Q3: 9.49%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AMZN has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

BA

-0.63%

Aerospace & Defense Industry

Max: 172.02%
Q3: 32.47%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

BA has a negative Dividend Payout Ratio of -0.63%. This typically means the company paid a dividend despite reporting a net loss, a situation that may signal financial instability.

AMZN vs. BA: A comparison of their Payout Ratio against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Dividend at a Glance

Symbol	AMZN	BA
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	-0.63%

Valuation

Price-to-Earnings Ratio

AMZN

35.92

Specialty Retail Industry

Max: 81.45
Q3: 42.51
Median: 25.40
Q1: 12.72
Min: 1.88

AMZN’s P/E Ratio of 35.92 is within the middle range for the Specialty Retail industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

BA

-14.13

Aerospace & Defense Industry

Max: 75.34
Q3: 54.40
Median: 38.63
Q1: 26.10
Min: 16.44

BA has a negative P/E Ratio of -14.13. This occurs when a company has negative earnings (a net loss), making the ratio unsuitable for valuation analysis.

AMZN vs. BA: A comparison of their P/E Ratio against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Forward P/E to Growth Ratio

AMZN

1.72

Specialty Retail Industry

Max: 5.90
Q3: 2.79
Median: 1.76
Q1: 0.69
Min: 0.00

AMZN’s Forward PEG Ratio of 1.72 is within the middle range of its peers in the Specialty Retail industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.

BA

-6.47

Aerospace & Defense Industry

Max: 10.68
Q3: 5.36
Median: 2.31
Q1: 1.47
Min: 0.01

BA has a negative Forward PEG Ratio of -6.47. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.

AMZN vs. BA: A comparison of their Forward PEG Ratio against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Price-to-Sales Ratio

AMZN

3.65

Specialty Retail Industry

Max: 5.26
Q3: 2.60
Median: 1.29
Q1: 0.41
Min: 0.06

AMZN’s P/S Ratio of 3.65 is in the upper echelon for the Specialty Retail industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

BA

2.34

Aerospace & Defense Industry

Max: 19.34
Q3: 9.54
Median: 2.71
Q1: 1.59
Min: 0.35

BA’s P/S Ratio of 2.34 aligns with the market consensus for the Aerospace & Defense industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

AMZN vs. BA: A comparison of their P/S Ratio against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Price-to-Book Ratio

AMZN

7.74

Specialty Retail Industry

Max: 12.73
Q3: 6.96
Median: 3.28
Q1: 1.42
Min: 0.24

AMZN’s P/B Ratio of 7.74 is in the upper tier for the Specialty Retail industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

BA

-48.92

Aerospace & Defense Industry

Max: 16.08
Q3: 8.12
Median: 4.12
Q1: 2.69
Min: 0.69

BA has a negative P/B Ratio of -48.92, indicating its liabilities exceed its assets and result in negative shareholder equity. This is a critical warning sign of financial distress.

AMZN vs. BA: A comparison of their P/B Ratio against their respective Specialty Retail and Aerospace & Defense industry benchmarks.

Valuation at a Glance

Symbol	AMZN	BA
Price-to-Earnings Ratio (P/E, TTM)	35.92	-14.13
Forward PEG Ratio (TTM)	1.72	-6.47
Price-to-Sales Ratio (P/S, TTM)	3.65	2.34
Price-to-Book Ratio (P/B, TTM)	7.74	-48.92
Price-to-Free Cash Flow Ratio (P/FCF, TTM)	113.97	-12.76
EV-to-EBITDA (TTM)	18.07	-29.33
EV-to-Sales (TTM)	3.75	2.97