Contribution margin, dol, and break-even analysis: a financial performance comparison of amazon and walmart (2020–2024)..

Contribution margin, dol, and break-even analysis: a financial performance comparison of amazon and walmart (2020–2024)..

Authors

  • Kodir Gulomov

DOI:

https://doi.org/10.5281/zenodo.15655041

Keywords:

Amazon, Walmart, Degree of Operating Leverage (DOL), Contribution Margin Ratio (CMR), Break-even Analysis, Financial Performance, Retail Sector, Profitability Metrics, Risk Management, Comparative Analysis

Abstract

This study offers a comparative financial analysis of Amazon and Walmart across 2020–2024, focusing on three
essential metrics: Degree of Operating Leverage (DOL), Contribution Margin Ratio (CMR), and Break-even Analysis.
By examining these metrics, the research aims to shed light on how each company’s financial structure, operational
efficiency, and risk exposure play out in the fiercely competitive retail landscape. Data for this analysis were drawn from
publicly available financial reports, market sources, and industry insights.

Author Biography

Kodir Gulomov


Student at Tashkent State University of Economics

References

Brigham, E. F., & Ehrhardt, M. C. (2019). Financial Management: Theory & Practice (16th ed.). Cengage Learning.

Horngren, C. T., Sundem, G. L., & Stratton, W. O. (2014). Introduction to Management Accounting. Pearson Education.

Higgins, R. C. (2018). Analysis for Financial Management (12th ed.). McGraw-Hill Education.

Kumar, A., & Raj, P. (2022). Comparative study of financial performance between e-commerce and traditional retail

businesses: A case of Amazon and Walmart. Journal of Business Strategy, 43(4), 112–126.

Statista. (2023). Gross Profit Margin of Amazon and Walmart 2020–2024. Retrieved from [https://www.statista.com]

(https://www.statista.com)

Macrotrends. (2024). Amazon Financial Performance 2020–2024. Retrieved from [https://www.macrotrends.net]

(https://www.macrotrends.net)

Walmart Inc. (2024). Annual Reports and Financial Data. Retrieved from [https://corporate.walmart.com](https://

corporate.walmart.com)

Amazon.com, Inc. (2024). Annual Reports and Financial Data. Retrieved from [https://ir.aboutamazon.com](https://

ir.aboutamazon.com)

Finbox. (2024). Amazon and Walmart Key Financial Metrics. Retrieved from [https://finbox.com](https://finbox.com)

Horngren, C. T. (1989). Cost Accounting: A Managerial Emphasis. Prentice Hall.

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Published

2025-05-01

How to Cite

Gulomov, K. (2025). Contribution margin, dol, and break-even analysis: a financial performance comparison of amazon and walmart (2020–2024). GREEN ECONOMY AND DEVELOPMENT, 3(5). https://doi.org/10.5281/zenodo.15655041
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