AMZN
Amazon.com, Inc.
AMZN has the edge over HD overall, supported by stronger valuation and stronger modeled upside.
HD
The Home Depot, Inc.
HD trails on the overall score without a compensating advantage in the available component scores.
AMZN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Weak | |
| Healthy |
AMZN's revenue, profitability and balance sheet are currently healthy, but its cash flow is weak.
HD Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
HD's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
AMZN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 22x | $267 | — |
| Forward | 27x | $267 | — |
| Cheap | 34x | $415 | +55% |
| Fair | 60x | $745 | +179% |
| Expensive | 102x | $1,262 | +372% |
Historical ranges are pointers, not guarantees.
AMZN has the edge over HD in the historical PE scenario, which offers more potential upside but is not a forecast.
HD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $275 | -21% |
| Forward | 22x | $348 | — |
| Fair | 23x | $334 | -4.1% |
| Current | 24x | $348 | — |
| Expensive | 26x | $372 | +6.9% |
Historical ranges are pointers, not guarantees.
HD's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 22x next year's earnings, in its fair range.
AMZN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AMZN, with profitability improving.
HD Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Stable | |
| Moderate | |
| High |
Analysts expect HD's earnings to grow, with its revenue and profitability holding steady.
AMZN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.87 | -20% |
| Q3 2026 | $12.37 | +75% |
| Q2 2026 | $12.43 | +89% |
| Q1 2026 | $8.36 | +36% |
| Q4 2025 | $7.17 | +30% |
| Q3 2025 | $7.08 | +52% |
| Q2 2025 | $6.56 | +57% |
| Q1 2025 | $6.14 | +72% |
| Q4 2024 | $5.53 | +91% |
AMZN has the edge over HD on earnings, with more consistent year-over-year improvement.
HD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $15.68 | +9.7% |
| Q3 2026 | $14.29 | -2.9% |
| Q2 2026 | $14.08 | -4.4% |
| Q1 2026 | $14.23 | -4.6% |
| Q4 2025 | $14.66 | -0.5% |
| Q3 2025 | $14.71 | -1.1% |
| Q2 2025 | $14.73 | -1.3% |
| Q1 2025 | $14.91 | -1.3% |
| Q4 2024 | $14.73 | -5.5% |
HD earned $14.29 per share over the past year, down 2.9% from the year before.
AMZN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $201.9B | +12% |
| Q2 2026 | $200.6B | +20% |
| Q1 2026 | $181.5B | +17% |
| Q4 2025 | $213.4B | +14% |
| Q3 2025 | $180.2B | +13% |
| Q2 2025 | $167.7B | +13% |
| Q1 2025 | $155.7B | +8.6% |
| Q4 2024 | $187.8B | +10% |
AMZN has the edge over HD on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +4.2 points |
| Q2 2026 | 14% | +2.3 points |
| Q1 2026 | 13% | +1.3 points |
| Q4 2025 | 12% | +0.4 points |
| Q3 2025 | 9.7% | -1.3 points |
| Q2 2025 | 11% | +1.5 points |
| Q1 2025 | 12% | +1.1 points |
| Q4 2024 | 11% | +3.5 points |
AMZN's operating margin was 14% last quarter, up 4.2 points from the same quarter a year ago, near the top of its range since 2019.
HD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $47.9B | +5.7% |
| Q2 2026 | $41.8B | +4.8% |
| Q1 2026 | $38.2B | -3.8% |
| Q4 2025 | $41.4B | +2.8% |
| Q3 2025 | $45.3B | +4.9% |
| Q2 2025 | $39.9B | +9.4% |
| Q1 2025 | $39.7B | +14% |
| Q4 2024 | $40.2B | +6.6% |
HD's revenue has held roughly level: $47.9B last quarter, up 5.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -0.2 points |
| Q2 2026 | 12% | -1 points |
| Q1 2026 | 10% | -1.2 points |
| Q4 2025 | 13% | -0.5 points |
| Q3 2025 | 14% | -0.7 points |
| Q2 2025 | 13% | -1.1 points |
| Q1 2025 | 11% | -0.6 points |
| Q4 2024 | 13% | -0.9 points |
HD has the edge over AMZN on profitability, with a higher operating margin.
AMZN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$34.8B | -8202% |
| Q2 2026 | -$8.8B | -2757% |
| Q1 2026 | -$18.2B | -$10.2B |
| Q4 2025 | $14.9B | -16% |
| Q3 2025 | $430M | -87% |
| Q2 2025 | $332M | -96% |
| Q1 2025 | -$8B | -297% |
| Q4 2024 | $17.8B | -36% |
AMZN's free cash flow was −$46.9B over the past year, against $10.6B the year before.
HD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.5B | +21% |
| Q2 2026 | $5.2B | +47% |
| Q1 2026 | $2.3B | -36% |
| Q4 2025 | $3.1B | -8.9% |
| Q3 2025 | $3.7B | -21% |
| Q2 2025 | $3.5B | -24% |
| Q1 2025 | $3.6B | -7.9% |
| Q4 2024 | $3.4B | -4.2% |
HD has the edge over AMZN on cash generation, producing positive trailing cash flow while its opponent burns cash.
AMZN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +26M shares |
| 1 year | +0.8% | +84M shares |
| 3 years | +3.5% | +371M shares |
| 5 years | +6.1% | +629M shares |
| Available history | +8.2% | +829M shares |
AMZN has 10.9B diluted shares, up 0.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $3.3B |
HD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.2% | +2M shares |
| 3 years | -0.7% | -7M shares |
| 5 years | -6.2% | -66M shares |
| Available history | -9% | -98M shares |
HD has the edge over AMZN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $649M |
AMZN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.1x | Very low |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | -0.0x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
AMZN has the edge over HD on leverage, with a lower net debt burden relative to earnings.
HD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | 2.2x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.0x | Healthy |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 2.2x | Moderate |
HD's net debt is about 2.1 years of its operating earnings (EBITDA), about the same as a year ago.
AMZN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.1 | Neutral |
| Stochastic | 50.0 | Neutral |
AMZN's weekly RSI is 57 (neutral) and its Stochastic is 50 (neutral).
HD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.0 | Neutral |
| Stochastic | 75.1 | Neutral |
HD's weekly RSI is 58 (neutral) and its Stochastic is 75 (neutral).
AMZN PE vs Consumer Cyclical Sector
| Metric | AMZN | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 18x | 20% above |
| PE % | 4 | 47 | 43 pts below |
AMZN has the edge over HD on valuation relative to its sector.
HD PE vs Consumer Cyclical Sector
| Metric | HD | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 18x | 35% above |
| PE % | 66 | 47 | 19 pts above |
HD is trading at 24x earnings, a 35% premium to the Consumer Cyclical sector's median of 18x.
AMZN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $253.6 | 5.5% above |
| 20 week MA | $254.9 | 4.9% above |
| 50 week MA | $242.5 | 10% above |
| 100 week MA | $229.6 | 17% above |
| 200 week MA | $191.4 | 40% above |
AMZN has the edge over HD on trend strength, trading above more of its moving averages.
HD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $314.7 | 11% above |
| 20 week MA | $325.6 | 7% above |
| 50 week MA | $337.9 | 3.1% above |
| 100 week MA | $359.2 | 3% below |
| 200 week MA | $349.2 | 0.3% below |
HD has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 0.3% below its 200-week average.
AMZN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $93.5 | $158.6 | +70% |
| 2021 | $158.6 | $171.1 | +7.8% |
| 2022 | $171.1 | $85.3 | -50% |
| 2023 | $85.3 | $151.9 | +78% |
| 2024 | $151.9 | $223.8 | +47% |
| 2025 | $223.8 | $232.5 | +3.9% |
| 2026 YTD | $232.5 | $267.4 | +15% |
AMZN has the edge over HD on returns for 2026, with the stronger performance.
HD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $220.0 | $270.9 | +23% |
| 2021 | $270.9 | $397.1 | +47% |
| 2022 | $397.1 | $318.7 | -20% |
| 2023 | $318.7 | $346.6 | +8.7% |
| 2024 | $346.6 | $392.9 | +13% |
| 2025 | $392.9 | $349.8 | -11% |
| 2026 YTD | $349.8 | $348.3 | -0.4% |
HD has finished higher in four of the last six years. It's roughly flat so far in 2026.