Microsoft Corporation
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 47.7 | 64.7 | 63.5 | 47.0 | 55.4 | 38.8 | 37.0 | 38.1 | 22.1 | 19.5 | 20.7 | 14.7 | 14.7 | 10.9 | 9.7 | 15.3 | 13.4 | 15.9 | 29.9 | 20.0 | 21.2 | 46.4 | 26.5 | 35.3 | 33.6 | 26.6 | 35.2 | 37.9 | 36.5 | 20.8 | |
| 13.8 | 19.0 | 25.0 | 19.3 | 16.1 | 10.7 | 8.7 | 8.5 | 6.8 | 5.5 | 5.7 | 4.3 | 3.7 | 3.3 | 3.2 | 3.5 | 3.8 | 4.0 | 3.9 | 4.5 | 5.6 | 7.0 | 8.3 | 10.9 | 12.3 | 9.8 | 12.0 | 13.6 | 13.2 | 8.4 | |
| 15.3 | 17.5 | 17.4 | 10.7 | 8.6 | 5.8 | 4.6 | 4.2 | 5.6 | 6.1 | 9.4 | 7.2 | 5.4 | 4.4 | 3.9 | 3.9 | 3.7 | 3.9 | 4.6 | 5.7 | 7.5 | 9.3 | 10.2 | 13.2 | 14.5 | 11.6 | 12.3 | 12.4 | 10.8 | 6.3 | |
| – | – | – | – | 16.0 | 10.6 | 8.5 | 8.1 | 6.7 | 5.5 | 5.6 | 4.3 | 3.7 | 3.3 | 3.3 | 3.6 | 3.9 | 4.2 | 4.2 | 5.0 | 6.4 | 7.5 | 8.7 | 11.3 | 12.5 | 9.9 | 12.1 | 13.8 | 13.2 | 8.5 | |
| – | – | – | – | 30.5 | 23.2 | 25.0 | 29.2 | 17.3 | 13.9 | 14.5 | 10.0 | 9.5 | 7.4 | 7.4 | 10.4 | 9.7 | 10.8 | 15.6 | 13.7 | 15.1 | 16.8 | 18.9 | 23.6 | 24.7 | 19.7 | 24.3 | 25.4 | 23.3 | 13.5 | |
| 39.3 | 38.3 | 39.4 | 42.0 | 33.0 | 22.1 | 18.7 | 23.1 | 17.1 | 19.1 | 18.8 | 14.1 | 13.5 | 9.3 | 9.1 | 8.9 | 11.9 | 13.0 | 15.4 | 16.4 | 17.2 | 23.8 | 27.2 | 34.6 | 36.7 | 29.7 | 42.8 | 45.1 | 51.9 | 41.5 | |
| 2.5% | 2.6% | 2.5% | 2.4% | 3.0% | 4.5% | 5.4% | 4.3% | 5.8% | 5.2% | 5.3% | 7.1% | 7.4% | 10.8% | 11.0% | 11.3% | 8.4% | 7.7% | 6.5% | 6.1% | 5.8% | 4.2% | 3.7% | 2.9% | 2.7% | 3.4% | 2.3% | 2.2% | 1.9% | 2.4% | |
| Margins | ||||||||||||||||||||||||||||||
| 86.5% | 90.6% | 90.9% | 86.9% | 86.3% | 81.7% | 81.2% | 81.8% | 84.8% | 82.7% | 79.1% | 80.8% | 79.2% | 80.2% | 77.7% | 76.2% | 73.8% | 68.8% | 64.7% | 64.0% | 64.5% | 65.2% | 65.9% | 67.8% | 68.9% | 68.4% | 68.9% | 69.8% | 68.8% | 67.9% | |
| 40.8% | 44.0% | 50.9% | 47.9% | 46.3% | 42.0% | 29.7% | 24.5% | 36.6% | 37.2% | 36.1% | 36.9% | 34.8% | 38.6% | 38.8% | 29.5% | 34.4% | 32.0% | 19.4% | 28.6% | 30.1% | 31.8% | 34.1% | 37.0% | 41.6% | 42.1% | 41.8% | 44.6% | 45.6% | 46.8% | |
| 28.9% | 29.4% | 39.4% | 41.0% | 29.0% | 27.6% | 23.4% | 22.2% | 30.8% | 28.5% | 27.5% | 29.3% | 24.9% | 30.0% | 33.1% | 23.0% | 28.1% | 25.4% | 13.0% | 22.5% | 26.4% | 15.0% | 31.2% | 31.0% | 36.5% | 36.7% | 34.1% | 36.0% | 36.1% | 40.3% | |
| 35.1% | 49.7% | 63.6% | 45.9% | 48.7% | 48.4% | 46.3% | 36.7% | 39.7% | 29.0% | 30.4% | 30.5% | 27.2% | 35.4% | 35.2% | 39.8% | 31.6% | 31.1% | 25.4% | 27.4% | 32.5% | 29.2% | 30.4% | 31.6% | 33.4% | 32.9% | 28.1% | 30.2% | 25.4% | 20.2% | |
| Returns | ||||||||||||||||||||||||||||||
| 32.0% | 27.0% | 27.4% | 22.8% | 15.5% | 15.0% | 12.3% | 10.9% | 25.5% | 31.4% | 45.2% | 48.7% | 36.8% | 40.6% | 40.6% | 25.6% | 27.7% | 24.6% | 15.2% | 28.5% | 35.2% | 20.0% | 38.3% | 37.4% | 43.2% | 43.7% | 35.1% | 32.8% | 29.6% | 30.2% | |
| 24.0% | 20.1% | 20.2% | 18.1% | 12.5% | 11.6% | 9.2% | 8.7% | 17.3% | 18.1% | 22.3% | 24.3% | 18.7% | 21.8% | 21.3% | 14.0% | 15.3% | 12.8% | 7.0% | 10.6% | 10.6% | 6.4% | 13.7% | 14.7% | 18.4% | 19.9% | 17.6% | 17.2% | 16.5% | 17.6% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| – | – | – | – | -3,180 | -1,871 | -5,022 | -12,965 | -3,189 | -3,219 | -3,786 | -1,543 | -320 | 434 | 7,674 | 5,006 | 11,796 | 13,976 | 29,697 | 47,177 | 78,531 | 64,294 | 60,822 | 49,751 | 43,922 | 35,850 | 12,533 | 33,315 | 12,909 | 29,037 | |
| – | – | – | – | -0.2 | -0.1 | -0.5 | -1.3 | -0.2 | -0.2 | -0.2 | -0.1 | 0.0 | 0.0 | 0.2 | 0.2 | 0.4 | 0.4 | 1.2 | 1.4 | 1.9 | 1.3 | 1.0 | 0.7 | 0.5 | 0.4 | 0.1 | 0.3 | 0.1 | 0.1 | |
| 74.9% | 74.4% | 73.6% | 79.3% | 80.4% | 77.1% | 74.7% | 79.3% | 67.9% | 57.6% | 49.2% | 49.8% | 50.8% | 53.6% | 52.5% | 54.7% | 55.4% | 52.1% | 45.9% | 37.2% | 30.0% | 32.0% | 35.7% | 39.3% | 42.5% | 45.6% | 50.1% | 52.4% | 55.5% | 58.3% | |
| – | – | – | – | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 | 0.7 | 1.2 | 0.9 | 0.7 | 0.5 | 0.4 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | |
| Per Share | ||||||||||||||||||||||||||||||
| 0.33 | 0.42 | 0.71 | 0.85 | 0.66 | 0.70 | 0.69 | 0.75 | 1.12 | 1.20 | 1.42 | 1.87 | 1.62 | 2.10 | 2.69 | 2.00 | 2.58 | 2.63 | 1.48 | 2.56 | 3.25 | 2.13 | 5.06 | 5.76 | 8.05 | 9.65 | 9.68 | 11.80 | 13.64 | 17.95 | |
| 1.15 | 1.42 | 1.80 | 2.07 | 2.27 | 2.55 | 2.96 | 3.38 | 3.65 | 4.20 | 5.17 | 6.38 | 6.50 | 7.00 | 8.14 | 8.67 | 9.19 | 10.34 | 11.34 | 11.38 | 12.33 | 14.16 | 16.23 | 18.61 | 22.09 | 26.30 | 28.36 | 32.82 | 37.74 | 44.52 | |
| 1.03 | 1.55 | 2.59 | 3.74 | 4.24 | 4.70 | 5.61 | 6.87 | 4.41 | 3.81 | 3.15 | 3.83 | 4.40 | 5.17 | 6.64 | 7.80 | 9.32 | 10.69 | 9.70 | 8.99 | 9.24 | 10.61 | 13.20 | 15.40 | 18.66 | 22.09 | 27.60 | 35.95 | 46.01 | 59.36 | |
| 0.40 | 0.71 | 1.15 | 0.95 | 1.11 | 1.24 | 1.37 | 1.24 | 1.45 | 1.22 | 1.57 | 1.95 | 1.77 | 2.48 | 2.87 | 3.45 | 2.90 | 3.22 | 2.87 | 3.12 | 4.01 | 4.14 | 4.93 | 5.89 | 7.38 | 8.64 | 7.96 | 9.92 | 9.59 | 8.99 | |
Data as of: September 21, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.