Microsoft (MSFT) EV to FCF (2009 - 2026)
Microsoft's (MSFT) EV to FCF came in at 40.21 for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 20.1% from 50.32 a year earlier but up 9.7% from the prior quarter.
Analysis
Microsoft (MSFT) EV to FCF (2009 - 2026) Analysis & Trends
Since fiscal Q4 2009, Microsoft has reported EV to FCF for 69 quarters.
- In prior fiscal years, Microsoft's EV to FCF was 50.32 in FY2025 (+14.8%), 43.84 in FY2024 (+7.8%), 40.68 in FY2023 (+46.3%) and 27.82 in FY2022 (-18.1%).
- Quarterly EV to FCF has run from a low of 25.73 in fiscal Q1 2023 to a high of 50.32 in fiscal Q4 2025 over five years.
- On a year-over-year basis, EV to FCF increased in five of the last eight quarters, with growth averaging 3.3%.
- The strongest year-over-year quarter for EV to FCF in the past five years was fiscal Q4 2023, with growth of 46.3%; the weakest was fiscal Q2 2023, with a decline of 28.4%.
- According to Business Quant data, EV to FCF for the three prior fiscal quarters was 36.64 (Q3 2026), 45.26 (Q2 2026) and 48.05 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.21 |
| Mar 31, 2026 | 36.64 |
| Dec 31, 2025 | 45.26 |
| Sep 30, 2025 | 48.05 |
| Jun 30, 2025 | 50.32 |
| Mar 31, 2025 | 39.08 |
| Dec 31, 2024 | 43.73 |
| Sep 30, 2024 | 42.96 |
| Jun 30, 2024 | 43.84 |
| Mar 31, 2024 | 43.18 |
| Dec 31, 2023 | 40.24 |
| Sep 30, 2023 | 34.83 |
| Jun 30, 2023 | 40.68 |
| Mar 31, 2023 | 35.53 |
| Dec 31, 2022 | 28.29 |
| Sep 30, 2022 | 25.73 |
| Jun 30, 2022 | 27.82 |
| Mar 31, 2022 | 34.60 |
| Dec 31, 2021 | 39.49 |
| Sep 30, 2021 | 32.88 |
API Access
Microsoft EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MSFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "MSFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();