Microsoft Key Ratios (2009-2026)

Reported Financials

Microsoft Quarterly Ratios

Periods 70 quarters

Latest Jun 2026

Microsoft reported a gross margin of 67.20% and a net margin of 36.78% for the quarter ended Jun 2026. These financial ratios cover 70 quarters of results from Mar 2009 through Jun 2026, standardized by Business Quant from the company’s SEC filings.

Ratios	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026
Profitability
Gross Margin	69.89%	67.21%	68.37%	68.32%	69.17%	66.85%	69.49%	70.11%	71.16%	68.36%	70.08%	69.59%	69.35%	68.69%	68.72%	68.58%	69.05%	68.04%	67.63%	67.20%
EBT Margin	45.29%	43.53%	40.90%	39.50%	43.04%	38.56%	42.89%	44.01%	48.28%	42.77%	43.21%	42.10%	46.15%	42.17%	44.78%	42.67%	44.16%	59.36%	47.46%	48.94%
EBIT Margin	44.66%	43.01%	41.26%	39.59%	42.93%	38.67%	42.29%	43.17%	47.59%	43.59%	44.59%	43.14%	46.58%	45.46%	45.67%	44.90%	48.87%	47.09%	46.33%	45.11%
EBITDA Margin	44.66%	43.01%	41.26%	39.59%	42.93%	38.67%	42.29%	43.17%	47.59%	43.59%	44.59%	43.14%	46.58%	45.46%	45.67%	44.90%	48.87%	47.09%	46.33%	45.11%
Operating Margin	44.66%	43.01%	41.26%	39.59%	42.93%	38.67%	42.29%	43.17%	47.59%	43.59%	44.59%	43.14%	46.58%	45.46%	45.67%	44.90%	48.87%	47.09%	46.33%	45.11%
Net Margin	45.25%	36.28%	33.89%	21.28%	35.03%	31.14%	34.62%	24.96%	39.44%	35.26%	35.47%	26.72%	37.61%	34.62%	36.86%	26.40%	35.72%	47.32%	38.34%	36.78%
FCF Margin	41.33%	16.65%	40.61%	34.24%	33.75%	9.29%	33.74%	35.29%	36.57%	14.70%	33.89%	36.03%	29.36%	9.32%	28.97%	33.45%	33.04%	7.24%	19.07%	21.82%
Efficiency
Inventory AverageInventory Avg.	3.02B	3.21B	3.16B	3.52B	4.00B	3.62B	2.93B	2.69B	2.75B	2.31B	1.46B	1.27B	1.44B	1.27B	0.88B	0.89B	1.03B	1.09B	1.14B	1.31B
Assets AverageAssets Avg.	334.60B	337.90B	342.50B	354.72B	362.31B	362.17B	372.32B	396.03B	428.88B	458.17B	477.42B	498.22B	517.59B	528.46B	548.26B	590.81B	627.68B	650.83B	679.76B	726.30B
Invested CapitalInvested Cap.	205.27B	213.27B	212.85B	216.32B	222.19B	231.25B	242.89B	253.46B	292.22B	312.49B	318.59B	320.11B	332.84B	347.67B	364.77B	388.27B	406.85B	431.85B	455.26B	483.06B
Asset Utilization RatioAsset Util.	0.53	0.55	0.56	0.56	0.56	0.56	0.56	0.54	0.51	0.50	0.50	0.49	0.49	0.50	0.49	0.48	0.47	0.47	0.47	0.46
Leverage & Solvency
Interest Coverage RatioInterest Cover	37.55	42.38	40.49	41.40	43.04	41.63	45.06	50.32	51.23	29.74	34.48	39.84	52.49	53.29	53.87	55.81	54.39	52.00	49.35	48.39
Debt Ratio	0.16	0.16	0.14	0.14	0.14	0.13	0.13	0.11	0.16	0.16	0.14	0.10	0.09	0.08	0.08	0.07	0.07	0.06	0.06	0.05
Times Interest Earned	37.55	42.38	40.49	41.40	43.04	41.63	45.06	50.32	51.23	29.74	34.48	39.84	52.49	53.29	53.87	55.81	54.39	52.00	49.35	48.39
Dividends & Payouts
Dividend Coverage RatioDiv. Cover	4.88	4.03	3.60	2.38	3.80	3.24	3.62	2.77	4.41	3.92	3.94	3.10	4.43	3.91	4.19	3.27	4.50	5.69	4.70	4.90
FCF Payout RatioFCF Cover	0.22	0.54	0.23	0.26	0.27	1.03	0.28	0.25	0.24	0.61	0.27	0.24	0.29	0.95	0.30	0.24	0.24	1.15	0.43	0.34
Dividend YieldDiv. Yield	0.20%	0.18%	0.20%	0.24%	0.27%	0.28%	0.24%	0.20%	0.22%	0.20%	0.18%	0.17%	0.17%	0.20%	0.22%	0.17%	0.16%	0.19%	0.25%	0.24%
Payout Ratio	0.21	0.25	0.28	0.42	0.26	0.31	0.28	0.36	0.23	0.25	0.25	0.32	0.23	0.26	0.24	0.31	0.22	0.18	0.21	0.20
Valuation
Price to EarningsP/E	103.25	134.42	137.92	173.67	98.93	108.73	117.17	180.49	105.26	127.79	142.54	192.08	129.72	129.99	108.06	183.27	138.77	93.42	86.54	83.69
Price to SalesP/S	46.72	48.76	46.74	36.96	34.65	33.86	40.56	45.04	41.52	45.06	50.55	51.33	48.79	45.01	39.83	48.37	49.57	44.21	33.18	30.78
Price to BookP/B	13.93	15.76	14.16	11.51	10.01	9.75	11.01	12.27	10.63	11.73	12.35	12.38	11.12	10.35	8.67	10.77	10.61	9.19	6.64	6.26
Enterprise Value	1,875.15B	2,292.27B	2,110.20B	1,721.40B	1,545.10B	1,602.57B	1,961.80B	2,343.07B	2,138.89B	2,650.00B	2,986.80B	3,189.86B	3,063.69B	3,008.22B	2,660.24B	3,538.86B	3,675.27B	3,438.18B	2,625.55B	2,637.67B
EV to EBIT	92.66	103.04	103.62	83.83	71.80	78.56	87.77	96.61	79.53	98.03	108.29	114.23	100.28	95.04	83.13	103.10	96.82	89.83	68.38	64.96
EV to EBITDA	92.66	103.04	103.62	83.83	71.80	78.56	87.77	96.61	79.53	98.03	108.29	114.23	100.28	95.04	83.13	103.10	96.82	89.83	68.38	64.96
Market Capitalization	2,117.22B	2,522.40B	2,307.08B	1,916.98B	1,736.74B	1,785.94B	2,144.09B	2,530.89B	2,346.34B	2,794.73B	3,127.21B	3,322.63B	3,199.71B	3,133.85B	2,790.65B	3,697.75B	3,850.44B	3,592.81B	2,749.99B	2,770.42B
Price to FCFP/FCF	113.04	292.79	115.09	107.95	102.67	364.55	120.22	127.65	113.54	306.51	149.16	142.47	166.16	483.10	137.48	144.62	150.04	610.81	174.02	141.07
EV to FCF	100.12	266.08	105.27	96.94	91.34	327.12	110.00	118.18	103.50	290.63	142.47	136.77	159.10	463.73	131.05	138.41	143.21	584.53	166.14	134.31
EV to CFO	76.41	158.31	83.12	69.89	66.60	143.43	80.27	81.44	69.94	140.56	93.58	85.76	89.63	134.95	71.81	82.98	81.57	96.15	56.25	47.58
Return Ratios
Return on Sales [ROS]ROS	44.66%	43.01%	41.26%	39.59%	42.93%	38.67%	42.29%	43.17%	47.59%	43.59%	44.59%	43.14%	46.58%	45.46%	45.67%	44.90%	48.87%	47.09%	46.33%	45.11%
Return on Capital Employed [ROCE]ROCE	29.24%	30.20%	30.92%	32.11%	30.80%	29.53%	29.59%	30.33%	30.88%	29.82%	29.47%	29.34%	28.10%	28.05%	28.14%	28.59%	27.59%	27.37%	27.43%	27.85%
Return on Invested Capital [ROIC]ROIC	32.87%	33.50%	33.65%	31.12%	29.19%	27.31%	26.62%	26.48%	25.73%	25.13%	25.51%	26.51%	26.82%	26.80%	26.64%	26.17%	26.21%	26.03%	25.68%	26.14%
Return on Assets [ROA]ROA	20.24%	21.02%	21.11%	18.90%	17.69%	17.05%	17.01%	16.74%	16.56%	16.69%	16.78%	16.74%	16.57%	16.65%	16.76%	16.04%	15.59%	17.24%	17.38%	18.05%

Microsoft MSFT Ratios (2009-2026)

Microsoft Quarterly Ratios

Create an account

Sign In

Reset Password