AMZN
Amazon.com, Inc.
AMZN has the edge over PKG overall, supported by stronger valuation and stronger modeled upside.
PKG
Packaging Corporation of America
PKG's outlook is improving, though it still trails on the overall score.
AMZN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Weak | |
| Healthy |
AMZN's revenue, profitability and balance sheet are currently healthy, but its cash flow is weak.
PKG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Healthy |
PKG's revenue and balance sheet are currently healthy, and its profitability and cash flow 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 PKG in the historical PE scenario, which offers more potential upside but is not a forecast.
PKG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $106 | -58% |
| Forward | 18x | $251 | — |
| Fair | 20x | $165 | -34% |
| Expensive | 27x | $220 | -12% |
| Current | 31x | $251 | — |
Historical ranges are pointers, not guarantees.
PKG's PE is in its expensive range at 31x. If earnings grow as analysts expect, today's price would be 18x 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.
PKG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
PKG has the edge over AMZN on the outlook, with more favorable valuation expectations.
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 PKG on earnings, with more consistent year-over-year improvement.
PKG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $14.00 | +72% |
| Q3 2026 | $8.13 | -18% |
| Q2 2026 | $7.71 | -23% |
| Q1 2026 | $8.23 | -14% |
| Q4 2025 | $8.58 | -3.9% |
| Q3 2025 | $9.89 | +15% |
| Q2 2025 | $10.02 | +26% |
| Q1 2025 | $9.56 | +20% |
| Q4 2024 | $8.93 | +5.3% |
PKG's earnings per share have fallen from their peak: $8.13 over the past year, against $11.03 in late 2022.
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 PKG on sales, with stronger typical year-over-year growth.
| 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.
PKG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +12% |
| Q2 2026 | $2.5B | +15% |
| Q1 2026 | $2.4B | +11% |
| Q4 2025 | $2.4B | +10% |
| Q3 2025 | $2.3B | +6% |
| Q2 2025 | $2.2B | +4.6% |
| Q1 2025 | $2.1B | +8.2% |
| Q4 2024 | $2.1B | +11% |
PKG's revenue has grown year over year for 11 quarters in a row: $2.6B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +0.8 points |
| Q2 2026 | 12% | -3.7 points |
| Q1 2026 | 11% | -2.5 points |
| Q4 2025 | 7.1% | -7 points |
| Q3 2025 | 14% | -1 points |
| Q2 2025 | 15% | +2.1 points |
| Q1 2025 | 13% | +3.2 points |
| Q4 2024 | 14% | +0.6 points |
PKG 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.
PKG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $224.3M | -20% |
| Q2 2026 | $170.1M | +31% |
| Q1 2026 | $164.6M | -14% |
| Q4 2025 | $127.6M | +2.8% |
| Q3 2025 | $280.1M | +55% |
| Q2 2025 | $129.9M | +290% |
| Q1 2025 | $191M | +4% |
| Q4 2024 | $124.1M | -36% |
PKG 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 |
PKG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -0.8% | -700K shares |
| 3 years | -0.6% | -500K shares |
| 5 years | -6% | -5.7M shares |
| Available history | -5.4% | -5.1M shares |
PKG has the edge over AMZN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $58.8M |
| Q4 2024 | — |
| Q4 2023 | — |
| Q4 2022 | $380.6M |
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 PKG on leverage, with a lower net debt burden relative to earnings.
PKG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 2.0x | Healthy |
| Q1 2026 | 2.0x | Healthy |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | 1.8x | Healthy |
| Q2 2025 | 0.9x | Very low |
| Q1 2025 | 1.0x | Healthy |
| Q4 2024 | 1.1x | Healthy |
PKG's net debt is about 1.8 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).
PKG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.2 | Neutral |
| Stochastic | 75.0 | Neutral |
PKG'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 PKG on valuation relative to its sector.
PKG PE vs Consumer Cyclical Sector
| Metric | PKG | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 18x | 71% above |
| PE % | 98 | 47 | 51 pts above |
PKG is trading at 31x earnings, a 71% 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 is in an uptrend: it's above all five of its weekly moving averages, and 40% above its 200-week average.
PKG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $242.1 | 3.5% above |
| 20 week MA | $242.3 | 3.4% above |
| 50 week MA | $228.3 | 9.7% above |
| 100 week MA | $216.2 | 16% above |
| 200 week MA | $193.0 | 30% above |
PKG is in an uptrend: it's above all five of its weekly moving averages, and 30% above 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 finished higher in five of the last six years, two of them by more than 50%. It's up 15% so far in 2026.
PKG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $111.8 | $136.1 | +22% |
| 2021 | $136.1 | $131.3 | -3.5% |
| 2022 | $131.3 | $128.7 | -2% |
| 2023 | $128.7 | $162.9 | +27% |
| 2024 | $162.9 | $227.1 | +39% |
| 2025 | $227.1 | $208.9 | -8% |
| 2026 YTD | $208.9 | $250.6 | +20% |
PKG has the edge over AMZN on returns for 2026, with the stronger performance.