Microsoft
MSFT stock analysis · Information Technology · Systems Software
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.
View share-count filing ↗Momentum data and stock-split review
Microsoft's current official FAQ explicitly identifies its latest split as the February 2003 two-for-one action and enumerates its nine historical splits. The page includes 2026 investor-calendar information. Split multiplier is 1; regular cash dividends are excluded. This is a dated fund-valuation price-return proxy using June 2025 and May 2026 month ends.
Fund valuation at 2025-06-30 ↗ · Fund valuation at 2026-05-31 ↗
DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · -60.7% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
65 sector peers · median 44.6×
How this is calculated ↗Historical multiples
7 annual observations · snapshot P/E 27.2× · -23.5% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete
How this is calculated ↗Value composite
Annual basis · read assumptions below
How this is calculated ↗12–1 price momentum
2025-06-30 → 2026-05-31 · Reviewed split basis · fund snapshot
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Annual basis · read assumptions below
How this is calculated ↗Accrual quality
Parent-earnings fallback versus consolidated cash flow · scope limitation
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $183.69 | $200.42 | $218.41 |
| 10.0% | $134.60 | $146.45 | $159.16 |
| 12.0% | $106.19 | $115.23 | $124.92 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 331.8B | 133.7B | 182.9B | 115.9B | 758.4B |
| 2025-06-30 | 281.7B | 101.8B | 136.2B | 64.6B | 619B |
| 2024-06-30 | 245.1B | 88.1B | 118.5B | 44.5B | 512.2B |
| 2023-06-30 | 211.9B | 72.4B | 87.6B | 28.1B | 412B |
| 2022-06-30 | 198.3B | 72.7B | 89B | 23.9B | 364.8B |
| 2021-06-30 | 168.1B | 61.3B | 76.7B | 20.6B | 333.8B |
| 2020-06-30 | 143B | 44.3B | 60.7B | 15.4B | 301.3B |
| 2019-06-30 | 125.8B | 39.2B | 52.2B | 13.9B | 286.6B |
| 2018-06-30 | 110.4B | 16.6B | 43.9B | 11.6B | 258.8B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 281.7B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-07-29 |
| netIncome | 101.8B | NetIncomeLoss Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-07-29 |
| Parent/common earnings proxy | 101.8B | NetIncomeLoss | 2026-07-29 |
| cfo | 136.2B | NetCashProvidedByUsedInOperatingActivities | 2026-07-29 |
| capex | 64.6B | PaymentsToAcquirePropertyPlantAndEquipment | 2026-07-29 |
| operatingIncome | 128.5B | OperatingIncomeLoss | 2026-07-29 |
| assets | 619B | Assets | 2026-07-29 |
| equity | 343.5B | StockholdersEquity Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-07-29 |
| Parent book equity proxy | 343.5B | StockholdersEquity | 2026-07-29 |
| debt | 43.2B | LongTermDebt | 2026-07-29 |
| shortDebt | — | Not reported under a supported tag | — |
| cash | 30.2B | CashAndCashEquivalentsAtCarryingValue | 2026-07-29 |
| shares | 7.5B | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-07-29 |
| dividends | 24.1B | PaymentsOfDividendsCommonStock | 2026-07-29 |
| buybacks | 18.4B | PaymentsForRepurchaseOfCommonStock | 2026-07-29 |
| issuance | 2.1B | ProceedsFromIssuanceOfCommonStock | 2026-07-29 |