Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Paying user area
Try for free
Amazon.com Inc. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Amazon.com Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Amazon.com Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
The composition of liabilities and stockholders’ equity exhibited notable shifts between 2021 and 2025. Overall, the proportion of total liabilities decreased consistently, while stockholders’ equity increased. This suggests a strengthening of the company’s financial position over the analyzed period.
- Current Liabilities
- Current liabilities, representing 33.83% of the total in 2021, steadily declined to 26.65% by 2025. This reduction was driven by decreases in several components, most notably accounts payable and accrued expenses. The current portion of lease liabilities related to finance leases experienced a significant decrease, while the operating lease portion remained relatively stable. A slight increase in the current portion of long-term debt was observed in 2023, but it decreased in subsequent years.
- Long-Term Liabilities
- Long-term liabilities followed a decreasing trend, moving from 33.30% in 2021 to 23.10% in 2025. This decline was primarily attributable to reductions in long-term debt (excluding current portion) and long-term lease liabilities. Both operating and finance lease liabilities, excluding current portions, decreased over the period. Other long-term liabilities also experienced a modest reduction.
- Total Liabilities
- As a result of the declines in both current and long-term liabilities, total liabilities decreased from 67.13% in 2021 to 49.75% in 2025. This represents a substantial reduction in the company’s reliance on debt financing.
- Stockholders’ Equity
- Stockholders’ equity demonstrated a consistent upward trend, increasing from 32.87% in 2021 to 50.25% in 2025. This growth was fueled by increases in additional paid-in capital and, more significantly, retained earnings. Retained earnings increased substantially, particularly in 2024 and 2025, indicating strong profitability. Treasury stock decreased as a percentage of the total, further contributing to the growth of equity. Accumulated other comprehensive income (loss) shifted from a loss to a gain in 2025, also positively impacting equity.
- Common Stock & Preferred Stock
- Common stock remained a very small percentage of the total, with minimal changes over the period. Preferred stock was not issued or outstanding throughout the analyzed timeframe.
In summary, the company experienced a notable shift in its capital structure, moving towards a greater reliance on equity financing and a reduced dependence on liabilities. This trend suggests improved financial health and stability.