Microsoft (MSFT) FCF Payout Ratio (2009 - 2026)
Microsoft's FCF Payout Ratio came in at 0.36 for fiscal Q1 2027 (quarter ended Sep 30, 2026), up 50.9% from 0.24 a year earlier and up 5.4% from the prior quarter.
Microsoft (MSFT) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Microsoft reported FCF Payout Ratio of 0.45, up 42.5% year-over-year; for FY2026 (ended Jun 30, 2026), it was 0.39, up 17.4% from FY2025.
- Going back by fiscal year, FCF Payout Ratio was 0.34 in FY2025 (+14.4%), 0.29 in FY2024 (-11.7%), 0.33 in FY2023 (+19.6%) and 0.28 in FY2022 (-5.4%).
- The five-year range for quarterly FCF Payout Ratio is 0.23 (fiscal Q3 2022) to 1.15 (fiscal Q2 2026).
- Year-over-year, FCF Payout Ratio has increased for four consecutive quarters, with growth averaging 26.1% over the last eight quarters.
- The fastest year-over-year change in FCF Payout Ratio over five years came in fiscal Q2 2023 (growth of 91.5%), and the weakest in fiscal Q2 2024 (a decline of 40.9%).
- Business Quant data shows MSFT's FCF Payout Ratio at 0.34 (Q4 2026), 0.43 (Q3 2026) and 1.15 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 4,023.81 Bn | 3,959.30 Bn | 62.56 Bn | 0.36 |
| 2 | International Business Machines | 229.57 Bn | 184.18 Bn | 9.71 Bn | 0.43 |
| 3 | Cloudflare | 108.56 Bn | 91.00 Bn | 557.23 Mn | - |
| 4 | Equinix | 104.79 Bn | 92.69 Bn | 1.31 Bn | - |
| 5 | Nebius | 34.62 Bn | 23.47 Bn | - | - |
| 6 | CoreWeave | 27.89 Bn | 14.98 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.57 Bn | 24.93 Bn | 393.20 Mn | - |
| 8 | Nutanix | 16.13 Bn | 7.81 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.07 Bn | 9.45 Bn | 843.00 Mn | - |
| 10 | Akamai Technologies | 11.83 Bn | 5.24 Bn | 613.75 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.36 |
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 1.15 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.95 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.61 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 1.03 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.54 |
Microsoft FCF Payout Ratio 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=fcf-payout-ratio&ticker=MSFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();