Microsoft Corporation
MSFTNASDAQ
$517.90
Last price · USD
- Market cap
- $3.87T
- P/E
- 38.0x
- EV / EBITDA
- 24.6x
- P/S
- 13.7x
- FCF yield
- 1.9%
- Div. yield
- 0.62%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Microsoft Corporation key metrics & ratios
Annual · USD millions except per-share data · 35 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | 14.9% | 15.7% | 6.9% | 18.0% | — | — | |
| Operating income growth | 17.4% | 23.6% | 6.2% | 19.3% | — | — | |
| Net income growth | 15.5% | 21.8% | -0.5% | 18.7% | — | — | |
| EPS (diluted) growth | 15.6% | 21.9% | 0.3% | 19.9% | — | — | |
| Free cash flow growth | -3.3% | 24.5% | -8.7% | 16.1% | — | — | |
| Margins | |||||||
| Gross margin | 68.8% | 69.8% | 68.9% | 68.4% | 68.9% | — | |
| Operating margin | 45.6% | 44.6% | 41.8% | 42.1% | 41.6% | — | |
| EBITDA margin | 56.9% | 54.3% | 49.6% | 50.6% | 50.6% | — | |
| Net margin | 36.1% | 36.0% | 34.1% | 36.7% | 36.5% | — | |
| FCF margin | 25.4% | 30.2% | 28.1% | 32.9% | 33.4% | — | |
| Returns on capital | |||||||
| Return on equity | 29.6% | 32.8% | 35.1% | 43.7% | 43.2% | — | |
| Return on assets | 16.5% | 17.2% | 17.6% | 19.9% | 18.4% | — | |
| Return on invested capital | 24.9% | 25.7% | 28.6% | 31.4% | 28.7% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 0.33x | 0.36x | 0.39x | 0.47x | 0.58x | — | |
| Net debt / EBITDA | 0.51x | 0.60x | 0.43x | 0.64x | 0.80x | — | |
| Current ratio | 1.35x | 1.27x | 1.77x | 1.78x | 2.08x | — | |
| Interest coverage | 53.89x | 37.29x | 44.98x | 40.42x | 29.80x | — | |
| Profitability & operating | |||||||
| EBIT | 126,012 | 110,722 | 91,279 | 85,779 | 73,448 | +14.4% | |
| EBITDA | 160,165 | 133,009 | 105,140 | 100,239 | 85,134 | +17.1% | |
| Operating income | 128,528 | 109,433 | 88,523 | 83,383 | 69,916 | +16.4% | |
| Income before tax | 123,627 | 107,787 | 89,311 | 83,716 | 71,102 | +14.8% | |
| Net income | 101,832 | 88,136 | 72,361 | 72,738 | 61,271 | +13.5% | |
| Earnings per share | |||||||
| EPS (basic) | $13.70 | $11.86 | $9.72 | $9.70 | $8.12 | +14.0% | |
| EPS (diluted) | $13.64 | $11.80 | $9.68 | $9.65 | $8.05 | +14.1% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 7,433 | 7,431 | 7,446 | 7,496 | 7,547 | -0.4% | |
| Weighted avg shares outstanding (diluted) | 7,465 | 7,469 | 7,472 | 7,540 | 7,608 | -0.5% | |
| Balance sheet highlights | |||||||
| Net debt | 81,942 | 79,537 | 44,737 | 64,469 | 68,054 | +4.8% | |
| Total debt | 112,184 | 97,852 | 79,441 | 78,400 | 82,278 | +8.1% | |
| Total investments | 79,446 | 71,816 | 86,431 | 97,709 | 122,016 | -10.2% | |
| Total stockholders' equity | 343,479 | 268,477 | 206,223 | 166,542 | 141,988 | +24.7% | |
| Total assets | 619,003 | 512,163 | 411,976 | 364,840 | 333,779 | +16.7% | |
| Cash flow highlights | |||||||
| Free cash flow | 71,611 | 74,071 | 59,475 | 65,149 | 56,118 | +6.3% | |
| Operating cash flow | 136,162 | 118,548 | 87,582 | 89,035 | 76,740 | +15.4% | |
| Capital expenditure | (64,551) | (44,477) | (28,107) | (23,886) | (20,622) | — | |
| Net cash from operating activities | 136,162 | 118,548 | 87,582 | 89,035 | 76,740 | +15.4% | |