Microsoft Stock | Price, Dividend & Forecast 2026 | MSFT | US5949181045

19 min read Original article ↗

Microsoft (MSFT) Stock | ISIN US5949181045 | WKN 870747. The current Microsoft stock price is 383.67 USD (2026). Revenue is 334.62 B USD. Net income is 126.31 B USD. The P/E ratio is 22.68. Market capitalization is 2.86 T USD. Microsoft operates in the Information technology sector.

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Microsoft over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Microsoft stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Microsoft's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

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Microsoft Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Details

Date

Revenue

EBIT

Net Income

Jan 1, 2006

44.28 B USD

17.79 B USD

12.6 B USD

Jan 1, 2007

51.12 B USD

18.95 B USD

14.07 B USD

Jan 1, 2008

60.42 B USD

22.27 B USD

17.68 B USD

Jan 1, 2009

58.44 B USD

20.69 B USD

14.57 B USD

Jan 1, 2010

62.48 B USD

24.16 B USD

18.76 B USD

Jan 1, 2011

69.94 B USD

27.16 B USD

23.15 B USD

Jan 1, 2012

73.72 B USD

27.96 B USD

16.98 B USD

Jan 1, 2013

77.85 B USD

26.76 B USD

21.86 B USD

Jan 1, 2014

86.83 B USD

27.89 B USD

22.07 B USD

Jan 1, 2015

93.58 B USD

28.17 B USD

12.19 B USD

Jan 1, 2016

91.15 B USD

27.19 B USD

20.54 B USD

Jan 1, 2017

96.57 B USD

31.37 B USD

25.49 B USD

Jan 1, 2018

110.36 B USD

35.06 B USD

16.57 B USD

Jan 1, 2019

125.84 B USD

42.96 B USD

39.24 B USD

Jan 1, 2020

143.02 B USD

52.96 B USD

44.28 B USD

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Microsoft Income Statement, Balance Sheet, Cash Flow Statement

Last updated Mar 22, 2026, 5:45 PM

REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIVIDEND (USD)DIV. (USD)
DIVIDEND GROWTH (%)DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Microsoft generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Microsoft retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Microsoft's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Microsoft has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Microsoft's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

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Microsoft stock margins

The Microsoft margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Microsoft. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Microsoft.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin

EBIT margin

Profit margin

Details

Date

Gross margin

EBIT margin

Profit margin

Jan 1, 2006

82.72 %

40.18 %

28.45 %

Jan 1, 2007

79.08 %

37.07 %

27.51 %

Jan 1, 2008

80.8 %

36.86 %

29.26 %

Jan 1, 2009

79.2 %

35.41 %

24.93 %

Jan 1, 2010

80.16 %

38.66 %

30.02 %

Jan 1, 2011

77.73 %

38.83 %

33.1 %

Jan 1, 2012

76.22 %

37.92 %

23.03 %

Jan 1, 2013

73.81 %

34.38 %

28.08 %

Jan 1, 2014

68.82 %

32.11 %

25.42 %

Jan 1, 2015

64.7 %

30.1 %

13.03 %

Jan 1, 2016

64.04 %

29.83 %

22.53 %

Jan 1, 2017

64.52 %

32.48 %

26.39 %

Jan 1, 2018

65.25 %

31.77 %

15.02 %

Jan 1, 2019

65.9 %

34.14 %

31.18 %

Jan 1, 2020

67.78 %

37.03 %

30.96 %

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Microsoft Stock Revenue, EBIT, Earnings per Share

The Microsoft earnings per share therefore indicates how much revenue Microsoft has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share

EBIT per share

Earnings per Share

Details

Date

Revenue per Share

EBIT per share

Earnings per Share

Jan 1, 2006

4.2 USD

1.69 USD

1.2 USD

Jan 1, 2007

5.17 USD

1.92 USD

1.42 USD

Jan 1, 2008

6.38 USD

2.35 USD

1.87 USD

Jan 1, 2009

6.5 USD

2.3 USD

1.62 USD

Jan 1, 2010

7 USD

2.71 USD

2.1 USD

Jan 1, 2011

8.14 USD

3.16 USD

2.69 USD

Jan 1, 2012

8.67 USD

3.29 USD

2 USD

Jan 1, 2013

9.19 USD

3.16 USD

2.58 USD

Jan 1, 2014

10.34 USD

3.32 USD

2.63 USD

Jan 1, 2015

11.34 USD

3.41 USD

1.48 USD

Jan 1, 2016

11.38 USD

3.39 USD

2.56 USD

Jan 1, 2017

12.33 USD

4.01 USD

3.25 USD

Jan 1, 2018

14.16 USD

4.5 USD

2.13 USD

Jan 1, 2019

16.23 USD

5.54 USD

5.06 USD

Jan 1, 2020

18.61 USD

6.89 USD

5.76 USD

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Microsoft business model & stock analysis

Microsoft is an American company known worldwide for its computer software and hardware. It was founded in 1975 by Bill Gates and Paul Allen in Albuquerque, New Mexico. The success story of Microsoft began in the 1980s with the introduction of MS-DOS, an operating system for IBM-compatible PCs. The company gained its dominant market position through contracts with IBM and the acquisition of MS-DOS rights from Seattle Computer Products. Microsoft expanded its product range and introduced new operating systems, becoming a global leader in the PC software market. Microsoft's business model focuses on providing software, services, and hardware. The company specializes in three main areas: productivity and business processes, intelligent cloud computing, and personal computers and devices. The productivity and business processes area includes products like Microsoft Office and Dynamics 365. Microsoft Azure and Power BI are part of the intelligent cloud computing area, while personal computers and devices include devices like Xbox and the Surface product line. Microsoft has also positioned itself in other areas, such as Windows phones, Cortana (Microsoft's digital assistant), and Skype (communication service). The company completed a merger with LinkedIn, the world's largest professional network, to expand its position in the productivity software area. In summary, Microsoft is an American company known worldwide for its computer software and hardware. It focuses on three main areas: productivity and business processes, intelligent cloud computing, and personal computers and devices. Microsoft gained worldwide fame through its operating systems like MS-DOS and has since become a market leader in the software industry.

Microsoft SWOT Analysis

Microsoft benefits from a strong brand image and reputation in the software industry, allowing them to attract and retain customers.

They have a diversified product portfolio, including popular software such as Windows operating system, Office suite, and Azure cloud services, providing multiple sources of revenue.

Microsoft has a strong research and development team, enabling them to constantly innovate and introduce new technologies.

Microsoft heavily relies on the success of traditional software, which may limit their ability to quickly adapt to emerging trends such as mobile applications.

Their products often face compatibility issues and require regular updates, which can lead to customer frustration.

Competition in the software market is intense, with many alternative solutions available, posing a challenge to Microsoft's market dominance.

The growing demand for cloud computing presents Microsoft with opportunities to expand their Azure services and capture a larger market share.

Microsoft can leverage their strong presence in the enterprise sector to offer integrated solutions and capitalize on the increasing need for digital transformation.

Continued investments in artificial intelligence and machine learning technologies can open up new avenues for product development and differentiation.

Open-source software and free alternatives pose a threat to Microsoft's paid software products, as they offer similar functionality at no cost.

Rapid technological advancements may make Microsoft's existing products obsolete, requiring them to constantly adapt and stay ahead of the competition.

Issues related to data privacy and security can erode customer trust in Microsoft's cloud services and impact adoption rates.

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Microsoft Segments

Microsoft Revenue by Segment (1/3)

Date

Service and Other

Product

Jan 1, 2018

45.86 B USD

64.5 B USD

Jan 1, 2019

59.77 B USD

66.07 B USD

Jan 1, 2020

74.97 B USD

68.04 B USD

Jan 1, 2021

97.01 B USD

71.07 B USD

Jan 1, 2022

125.54 B USD

72.73 B USD

Jan 1, 2023

147.22 B USD

64.7 B USD

Jan 1, 2024

180.35 B USD

64.77 B USD

Jan 1, 2025

217.78 B USD

63.95 B USD

Microsoft Revenue by Segment (2/3)

  • 3 Years

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  • 10 Years

  • Max

Server Products and Cloud Services

Microsoft Three Six Five Commercial Products And Cloud Services

Office Products and Cloud Services

Microsoft Office system

Gaming

Windows

Server products and tools

LinkedIn Corporation

Windows and Devices

LinkedIn

Windows Operating Systems for Computing Devices

Search and News Advertising

Xbox

Xbox Platform

Search advertising

Dynamics Products and Cloud Services

Enterprise and Partner Services

Enterprise services

Phone

Microsoft Three Six Five Consumer Products and Cloud Services

Xbox 360 platform

Dynamics

Consulting and product support services

Devices

Advertising

Surface

Other products and services

Other

Details

Date

Server Products and Cloud Services

Microsoft Three Six Five Commercial Products And Cloud Services

Office Products and Cloud Services

Microsoft Office system

Gaming

Windows

Server products and tools

LinkedIn Corporation

Windows PC operating systems

Windows and Devices

LinkedIn

Windows Operating Systems for Computing Devices

Search and News Advertising

Xbox

Xbox Platform

Search advertising

Dynamics Products and Cloud Services

Enterprise and Partner Services

Enterprise services

Phone

Microsoft Three Six Five Consumer Products and Cloud Services

Xbox 360 platform

Dynamics

Consulting and product support services

Devices

Advertising

Surface

Other products and services

Other

Jan 1, 2010

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Jan 1, 2011

0 USD

0 USD

0 USD

20.73 B USD

0 USD

0 USD

13.25 B USD

0 USD

17.83 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

8.1 B USD

0 USD

3.37 B USD

0 USD

2.91 B USD

0 USD

3.75 B USD

0 USD

Jan 1, 2012

0 USD

0 USD

0 USD

22.3 B USD

0 USD

0 USD

14.23 B USD

0 USD

17.32 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

8.05 B USD

0 USD

3.98 B USD

0 USD

3.18 B USD

0 USD

4.67 B USD

0 USD

Jan 1, 2013

0 USD

0 USD

0 USD

23 B USD

0 USD

0 USD

15.41 B USD

0 USD

0 USD

0 USD

0 USD

17.53 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

7.1 B USD

0 USD

4.37 B USD

0 USD

3.39 B USD

0 USD

7.06 B USD

0 USD

Jan 1, 2014

0 USD

0 USD

0 USD

24.32 B USD

0 USD

0 USD

17.06 B USD

0 USD

0 USD

0 USD

0 USD

16.86 B USD

0 USD

0 USD

8.64 B USD

0 USD

0 USD

0 USD

0 USD

3.07 B USD

0 USD

0 USD

0 USD

4.77 B USD

0 USD

4.02 B USD

1.88 B USD

6.22 B USD

0 USD

Jan 1, 2015

0 USD

0 USD

0 USD

23.54 B USD

0 USD

0 USD

18.61 B USD

0 USD

0 USD

0 USD

0 USD

14.83 B USD

0 USD

9.12 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

7.7 B USD

0 USD

0 USD

0 USD

5.09 B USD

0 USD

4.56 B USD

3.9 B USD

6.23 B USD

0 USD

Jan 1, 2018

26.13 B USD

0 USD

28.32 B USD

0 USD

10.35 B USD

19.52 B USD

0 USD

5.26 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

7.01 B USD

0 USD

0 USD

5.85 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

5.13 B USD

0 USD

0 USD

2.79 B USD

0 USD

Jan 1, 2019

32.62 B USD

0 USD

31.77 B USD

0 USD

11.39 B USD

20.4 B USD

0 USD

6.75 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

7.63 B USD

0 USD

0 USD

6.12 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

6.1 B USD

0 USD

0 USD

3.07 B USD

0 USD

Jan 1, 2020

41.38 B USD

0 USD

35.32 B USD

0 USD

11.58 B USD

22.29 B USD

0 USD

8.08 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

7.74 B USD

0 USD

0 USD

6.41 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

6.46 B USD

0 USD

0 USD

3.77 B USD

0 USD

Jan 1, 2021

52.59 B USD

0 USD

39.87 B USD

0 USD

15.37 B USD

23.23 B USD

0 USD

10.29 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

8.53 B USD

0 USD

0 USD

6.94 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

6.79 B USD

0 USD

0 USD

4.48 B USD

0 USD

Jan 1, 2022

67.32 B USD

0 USD

44.86 B USD

0 USD

16.23 B USD

24.76 B USD

0 USD

13.82 B USD

0 USD

0 USD

0 USD

0 USD

11.59 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

7.41 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

6.99 B USD

0 USD

0 USD

5.29 B USD

0 USD

Jan 1, 2023

79.97 B USD

0 USD

48.73 B USD

0 USD

15.47 B USD

21.51 B USD

0 USD

15.15 B USD

0 USD

0 USD

0 USD

0 USD

12.21 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

7.72 B USD

0 USD

0 USD

0 USD

5.44 B USD

0 USD

5.52 B USD

0 USD

0 USD

211 M USD

0 USD

Jan 1, 2024

97.73 B USD

0 USD

54.88 B USD

0 USD

21.5 B USD

23.24 B USD

0 USD

0 USD

0 USD

0 USD

16.37 B USD

0 USD

12.58 B USD

0 USD

0 USD

0 USD

6.48 B USD

7.59 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

4.71 B USD

0 USD

0 USD

0 USD

45 M USD

Jan 1, 2025

98.44 B USD

87.77 B USD

0 USD

0 USD

23.46 B USD

0 USD

0 USD

17.81 B USD

0 USD

17.31 B USD

0 USD

0 USD

13.88 B USD

0 USD

0 USD

0 USD

7.83 B USD

7.76 B USD

0 USD

0 USD

7.4 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

72 M USD

0 USD

Microsoft Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Productivity and Business Processes

Intelligent Cloud

More Personal Computing

Commercial Licensing

Microsoft Business Division

Server and Tools

Windows Division

Devices and Consumer Licensing

Commercial Other

Entertainment and Devices Division[Member]

Computing and Gaming Hardware

Devices and Consumer Other

Phone Hardware

Online Services Division

Details

Date

Productivity and Business Processes

Intelligent Cloud

More Personal Computing

Commercial Licensing

Microsoft Business Division

Server and Tools

Windows and Windows Live

Windows Division

Devices and Consumer Licensing

Commercial Other

Entertainment and Devices Division[Member]

Computing and Gaming Hardware

Devices and Consumer Other

Phone Hardware

Online Services Division

Unallocated and Other Reportable Segment

Jan 1, 2010

0 USD

0 USD

0 USD

0 USD

18.91 B USD

14.88 B USD

17.79 B USD

0 USD

0 USD

0 USD

8.11 B USD

0 USD

0 USD

0 USD

2.2 B USD

597 M USD

Jan 1, 2011

0 USD

0 USD

0 USD

0 USD

21.99 B USD

17.11 B USD

18.78 B USD

0 USD

0 USD

0 USD

8.72 B USD

0 USD

0 USD

0 USD

2.53 B USD

828 M USD

Jan 1, 2012

0 USD

0 USD

0 USD

0 USD

23.96 B USD

18.7 B USD

18.82 B USD

0 USD

0 USD

0 USD

9.59 B USD

0 USD

0 USD

0 USD

2.93 B USD

-273 M USD

Jan 1, 2013

0 USD

0 USD

0 USD

0 USD

24.74 B USD

20.3 B USD

0 USD

18.68 B USD

0 USD

0 USD

10.21 B USD

0 USD

0 USD

0 USD

3.28 B USD

0 USD

Jan 1, 2014

0 USD

0 USD

0 USD

42.03 B USD

0 USD

0 USD

0 USD

0 USD

18.8 B USD

7.55 B USD

0 USD

9.63 B USD

7.26 B USD

1.99 B USD

0 USD

0 USD

Jan 1, 2015

0 USD

0 USD

0 USD

41.04 B USD

0 USD

0 USD

0 USD

0 USD

14.97 B USD

10.84 B USD

0 USD

10.18 B USD

8.83 B USD

7.52 B USD

0 USD

0 USD

Jan 1, 2018

35.87 B USD

32.22 B USD

42.28 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Jan 1, 2019

41.16 B USD

38.99 B USD

45.7 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Jan 1, 2020

46.4 B USD

48.37 B USD

48.25 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Jan 1, 2021

53.92 B USD

60.08 B USD

54.09 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Jan 1, 2022

63.36 B USD

75.25 B USD

59.66 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Jan 1, 2023

69.27 B USD

87.91 B USD

54.73 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Jan 1, 2024

77.73 B USD

105.36 B USD

62.03 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Jan 1, 2025

120.81 B USD

106.27 B USD

54.65 B USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

0 USD

Microsoft Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

United States

Other Countries

Details

Date

United States

Other Countries

Jan 1, 2013

41.34 B USD

36.51 B USD

Jan 1, 2014

43.47 B USD

43.36 B USD

Jan 1, 2015

42.94 B USD

50.64 B USD

Jan 1, 2018

55.93 B USD

54.43 B USD

Jan 1, 2019

64.2 B USD

61.64 B USD

Jan 1, 2020

73.16 B USD

69.86 B USD

Jan 1, 2021

83.95 B USD

84.14 B USD

Jan 1, 2022

100.22 B USD

98.05 B USD

Jan 1, 2023

106.74 B USD

105.17 B USD

Jan 1, 2024

124.7 B USD

120.42 B USD

Jan 1, 2025

144.55 B USD

137.18 B USD

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Microsoft Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

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Microsoft historical P/E ratio, EBIT multiple, and P/S ratio

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Microsoft shares outstanding

The number of shares was Microsoft in 2025 — This indicates how many shares 7.465 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Details

Jan 1, 2006

10.53 B base_Shares

Jan 1, 2007

9.89 B base_Shares

Jan 1, 2008

9.47 B base_Shares

Jan 1, 2009

9 B base_Shares

Jan 1, 2010

8.93 B base_Shares

Jan 1, 2011

8.59 B base_Shares

Jan 1, 2012

8.51 B base_Shares

Jan 1, 2013

8.47 B base_Shares

Jan 1, 2014

8.4 B base_Shares

Jan 1, 2015

8.25 B base_Shares

Jan 1, 2016

8.01 B base_Shares

Jan 1, 2017

7.83 B base_Shares

Jan 1, 2018

7.79 B base_Shares

Jan 1, 2019

7.75 B base_Shares

Jan 1, 2020

7.68 B base_Shares

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YearAnnual DividendYoY ChangePayments

Feb 19, 20260.91USD 0.0%1/1

Feb 20, 20250.83USD 0.0%1/4

May 15, 20250.83USD 0.0%2/4

Aug 21, 20250.83USD 0.0%3/4

Nov 20, 20250.91USD 9.6%4/4

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Microsoft dividend history and estimates

In 2025, Microsoft paid a dividend amounting to 3.4 USD. Dividend means that Microsoft distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend

Dividend (Estimate)

Details

Date

Dividend

Dividend (Estimate)

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Microsoft dividend payout ratio

In 2025, Microsoft had a payout ratio of 28.38%. The payout ratio indicates the percentage of the company's profits that Microsoft distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Details

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Price targets and forecasts for Microsoft are not yet available.

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Microsoft Earnings Calls

Microsoft Earnings Estimates

Microsoft Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
1/28/20264.05USD81.87 BUSD2026 Q2
4/23/20242.7USD62.09 BUSD2024 Q3
1/22/20242.83USD62.34 BUSD2024 Q2
7/24/20232.59USD57.12 BUSD2023 Q4
4/24/20232.37USD53.23 BUSD2023 Q3
1/23/20232.34USD53.76 BUSD2023 Q2
10/25/20222.35USD50.35 BUSD2023 Q1
7/26/20222.34USD53.22 BUSD2022 Q4
4/26/20222.23USD49.78 BUSD2022 Q3
1/25/20222.36USD51.64 BUSD2022 Q2
10/26/20212.12USD44.63 BUSD2022 Q1
7/27/20211.95USD44.91 BUSD2021 Q4
4/27/20211.81USD41.64 BUSD2021 Q3
1/26/20211.67USD40.79 BUSD2021 Q2
10/27/20201.57USD36.26 BUSD2021 Q1
7/22/20201.37USD37.05 BUSD2020 Q4
4/29/20201.29USD34.16 BUSD2020 Q3
1/29/20201.35USD36.21 BUSD2020 Q2
10/23/20191.27USD32.71 BUSD2020 Q1
7/18/20191.24USD33.26 BUSD2019 Q4
4/24/20191.02USD30.29 BUSD2019 Q3
1/30/20191.11USD33 BUSD2019 Q2
10/24/20180.98USD28.32 BUSD2019 Q1
7/19/20181.1USD29.64 BUSD2018 Q4
4/26/20180.87USD26.16 BUSD2018 Q3
1/31/20180.88USD28.82 BUSD2018 Q2
10/26/20170.74USD23.91 BUSD2018 Q1
7/20/20170.72USD24.64 BUSD2017 Q4
4/27/20170.71USD23.98 BUSD2017 Q3
1/26/20170.81USD25.66 BUSD2017 Q2
10/20/20160.7USD22.04 BUSD2017 Q1
7/19/20160.59USD22.48 BUSD2016 Q4
4/21/20160.65USD22.42 BUSD2016 Q3
1/28/20160.73USD25.64 BUSD2016 Q2
10/22/20150.6USD21.36 BUSD2016 Q1
7/21/20150.57USD22.36 BUSD2015 Q4
4/23/20150.52USD21.37 BUSD2015 Q3
1/26/20150.73USD26.76 BUSD2015 Q2
10/23/20140.5USD22.35 BUSD2015 Q1
7/22/20140.61USD23.35 BUSD2014 Q4
4/24/20140.64USD20.69 BUSD2014 Q3
1/23/20140.69USD24.03 BUSD2014 Q2
10/24/20130.55USD18.06 BUSD2014 Q1
7/18/20130.76USD21.04 BUSD2013 Q4
4/18/20130.69USD20.8 BUSD2013 Q3
1/24/20130.76USD21.85 BUSD2013 Q2
10/18/20120.57USD16.67 BUSD2013 Q1
7/19/20120.63USD18.4 BUSD2012 Q4
4/19/20120.59USD17.44 BUSD2012 Q3
1/19/20120.77USD21.24 BUSD2012 Q2
10/20/20110.69USD17.5 BUSD2012 Q1
7/21/20110.59USD17.49 BUSD2011 Q4
4/28/20110.57USD16.44 BUSD2011 Q3
1/27/20110.7USD19.43 BUSD2011 Q2
10/28/20100.56USD16.04 BUSD2011 Q1
7/22/20100.47USD15.5 BUSD2010 Q4
4/22/20100.43USD14.61 BUSD2010 Q3
1/28/20100.6USD18.18 BUSD2010 Q2
10/23/20090.32USD12.5 BUSD2010 Q1
7/23/20090.37USD14.59 BUSD2009 Q4
4/23/20090.4USD14.3 BUSD2009 Q3
1/22/20090.5USD17.34 BUSD2009 Q2
10/23/20080.48USD15.01 BUSD2009 Q1
7/17/20080.48USD15.88 BUSD2008 Q4
4/24/20080.45USD14.71 BUSD2008 Q3
1/24/20080.47USD16.19 BUSD2008 Q2
10/25/20070.4USD12.76 BUSD2008 Q1
7/19/20070.4USD13.47 BUSD2007 Q4
4/26/20070.47USD14.1 BUSD2007 Q3
1/25/20070.24USD12.26 BUSD2007 Q2
10/26/20060.32USD10.91 BUSD2007 Q1
7/20/20060.31USD11.8 BUSD2006 Q4
4/27/20060.34USD11.21 BUSD2006 Q3
1/26/20060.34USD12.14 BUSD2006 Q2
10/27/20050.3USD9.93 BUSD2006 Q1
7/21/20050.32USD10.32 BUSD2005 Q4
4/28/20050.32USD9.97 BUSD2005 Q3
1/27/20050.33USD10.71 BUSD2005 Q2
10/21/20040.31USD9.13 BUSD2005 Q1
7/22/20040.29USD9.14 BUSD2004 Q4
4/22/20040.29USD8.79 BUSD2004 Q3
1/22/20040.31USD9.89 BUSD2004 Q2
10/23/20030.3USD8.2 BUSD2004 Q1
7/17/20030.24USD8 BUSD2003 Q4
4/15/20030.24USD7.86 BUSD2003 Q3
1/16/20030.24USD8.72 BUSD2003 Q2
10/17/20020.22USD7.23 BUSD2003 Q1
7/18/20020.21USD7.18 BUSD2002 Q4
4/18/20020.26USD7.45 BUSD2002 Q3
1/17/20020.22USD7.35 BUSD2002 Q2

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Microsoft Executives and Management Board

SN

Chairman of the Board, Chief Executive Officer · since 2011

Compensation96.5 MUSD

Compensation96.5 M USD

AH

Chief Financial Officer, Executive Vice President

29.48 MUSD

Compensation29.48 M USD

JA

Executive Vice President, Chief Commercial Officer

28.2 MUSD

Compensation28.2 M USD

TN

Executive Vice President, Chief Marketing Officer

11.88 MUSD

Compensation11.88 M USD

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Microsoft Supply Chain

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Frequently asked questions about Microsoft

Microsoft's business model revolves around developing and selling a wide range of software, hardware, and services. As a leading technology company, Microsoft focuses on delivering innovative solutions to businesses and consumers worldwide. Their primary revenue streams come from sales of operating systems (Windows), productivity software (Microsoft Office), cloud services (Azure), and gaming (Xbox). With a strong emphasis on digital transformation, Microsoft aims to empower individuals and organizations through cutting-edge technologies such as artificial intelligence, mixed reality, and the Internet of Things (IoT). By constantly adapting to market demands and investing in research and development, Microsoft remains at the forefront of the technology industry.

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