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?Based on Amazons 10K report, What does the company's change in Earnings per Share and Price Earnings Ratio year-over-year tell you at first glance? Consolidated
?Based on Amazons 10K report, What does the company's change in Earnings per Share and Price Earnings Ratio year-over-year tell you at first glance?
Consolidated Statements Of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Income Statement [Abstract] | |||
Net product sales | $ 118,573 | $ 94,665 | $ 79,268 |
Net service sales | 59,293 | 41,322 | 27,738 |
Total net sales | 177,866 | 135,987 | 107,006 |
Operating expenses: | |||
Cost of sales | 111,934 | 88,265 | 71,651 |
Fulfillment | 25,249 | 17,619 | 13,410 |
Marketing | 10,069 | 7,233 | 5,254 |
Technology and content | 22,620 | 16,085 | 12,540 |
General and administrative | 3,674 | 2,432 | 1,747 |
Other operating expense, net | 214 | 167 | 171 |
Total operating expenses | 173,760 | 131,801 | 104,773 |
Operating income (loss) | 4,106 | 4,186 | 2,233 |
Interest income | 202 | 100 | 50 |
Interest expense | (848) | (484) | (459) |
Other income (expense), net | 346 | 90 | (256) |
Total non-operating income (expense) | (300) | (294) | (665) |
Income before income taxes | 3,806 | 3,892 | 1,568 |
Provision for income taxes | (769) | (1,425) | (950) |
Equity-method investment activity, net of tax | (4) | (96) | (22) |
Net income | $ 3,033 | $ 2,371 | $ 596 |
Basic earnings per share (in usd per share) | $ 6.32 | $ 5.01 | $ 1.28 |
Diluted earnings per share (in usd per share) | $ 6.15 | $ 4.90 | $ 1.25 |
Weighted-average shares used in computation of earnings per share: | |||
Basic (in shares) | 480 | 474 | 467 |
Diluted (in shares) | 493 | 484 | 477 |
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