Microsoft (MSFT) Return on Invested Capital [ROIC] (2009 - 2026)
Microsoft (MSFT) reported Return on Invested Capital [ROIC] of 26.51% for fiscal Q1 2027 (quarter ended Sep 30, 2026), down 1.66 percentage points from 28.18% a year earlier and down 0.18 percentage points from the prior quarter.
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Analysis
Microsoft (MSFT) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Microsoft posted Return on Invested Capital [ROIC] of 28.79%, down 1.17 percentage points from FY2025.
- Return on Invested Capital [ROIC] has a five-year change of -2.78 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Invested Capital [ROIC] came in at 29.96% in FY2025 (-1.24 pp), 31.20% in FY2024 (+0.67 pp), 30.53% in FY2023 (-4.26 pp) and 34.79% in FY2022 (+3.23 pp).
- The fiscal Q1 2027 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q1 2021.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last five quarters, with an average year-over-year change of -0.34 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q2 2022 (a gain of 6.65 percentage points); the low point was fiscal Q4 2023 (a drop of 4.86 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 26.70% (Q4 2026), 27.26% (Q3 2026) and 27.71% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 26.51% |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 11.50% |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 5.67% |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | -17.58% |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | -3.87% |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | - |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | -1.20% |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 28.21% |
| 10 | Akamai Technologies | 12.01 Bn | 5.41 Bn | 613.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.51% |
| Jun 30, 2026 | 26.70% |
| Mar 31, 2026 | 27.26% |
| Dec 31, 2025 | 27.71% |
| Sep 30, 2025 | 28.18% |
| Jun 30, 2025 | 28.18% |
| Mar 31, 2025 | 28.02% |
| Dec 31, 2024 | 28.24% |
| Sep 30, 2024 | 28.30% |
| Jun 30, 2024 | 28.02% |
| Mar 31, 2024 | 27.44% |
| Dec 31, 2023 | 27.12% |
| Sep 30, 2023 | 27.92% |
| Jun 30, 2023 | 28.90% |
| Mar 31, 2023 | 29.02% |
| Dec 31, 2022 | 29.83% |
| Sep 30, 2022 | 31.79% |
| Jun 30, 2022 | 33.76% |
| Mar 31, 2022 | 33.72% |
| Dec 31, 2021 | 33.57% |
API Access
Microsoft Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MSFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MSFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();