Microsoft (MSFT) Return on Capital Employed (2009 - 2026)

Microsoft has disclosed Return on Capital Employed across 18 years of filings, most recently posting 27.43% for Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 27.43%, down 71.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.43% (down 71.0% YoY), and the FY2025 annual result was 30.29%, down 221.0% from the prior year.
• Return on Capital Employed came in at 27.43% for Q1 2026 at Microsoft, roughly flat from 27.37% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 32.11% in Q2 2022 to a low of 27.37% in Q4 2025.
• The 5-year median for Return on Capital Employed is 29.47% (2024), against an average of 29.3%.
• Across the five-year window, Return on Capital Employed surged 350 bps in 2022 and slumped 277 bps in 2024, its largest moves.
• Microsoft's Return on Capital Employed stood at 29.53% in 2022, then advanced by 1 bps to 29.82% in 2023, then retreated by 6 bps to 28.05% in 2024, then declined by 2 bps to 27.37% in 2025, then grew by 0 bps to 27.43% in 2026.
• The last three Return on Capital Employed figures came in at 27.43% (Q1 2026), 27.37% (Q4 2025), and 27.59% (Q3 2025), per Business Quant data.