Fundamental analysis · SEC EDGAR · as of 30/06/2026

Fundamental analysis of Microsoft Corp

MSFT · Nasdaq · Technology

Fundamental quality

EXCELLENT

92

out of 100

Microsoft Corp fits the profile of a quality compounder: it pairs high return on capital (ROE 30.2%) with wide margins (net margin 40.3%) and a business that keeps growing (14.6% a year). On fundamental quality it scores 92 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its growth (revenue +14.6%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Microsoft is one of the world's largest tech companies. It makes money from enterprise software (Windows, Office/Microsoft 365), but its growth engine is the cloud (Azure), and it has positioned itself as a leader in embedding AI into business products.

What will shape its future

  • Azure's growth versus Amazon (AWS) and Google Cloud in the cloud market split.
  • Its ability to monetize AI (Copilot) by charging more for enterprise subscriptions.
  • The strength of its recurring subscription business, which gives it very predictable revenue.

Breakdown by area

I.Growth
75

EPS growth: 17.4% · Revenue growth: 14.6%

II.Profitability
93

Net margin: 40.3% · ROE: 30.2% · ROIC: 27.1%

III.Financial health
95

Net debt/EBITDA: 0.1x · FCF: 20.2%

Source: SEC EDGAR · as of 30/06/2026

The score includes +4 for dividend strength: 16 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 101 Technology companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 93%
ROEbeats 69%
Growthbeats 52%
Cash generationbeats 44%
Less debtbeats 68%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Microsoft Corp strengths

  • Exceptional net margin (40.3%), high even for its sector: the business is clearly profitable.
  • High gross margin (67.9%), pointing to pricing power.
  • Excellent free-cash-flow generation (FCF margin of 20.2%): profit turns into real cash.
  • Outstanding return on equity (ROE of 30.2%): it puts shareholder capital to good use.

Microsoft Corp risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Microsoft Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
2021168,08861,27156,11843,922
2022198,27072,73865,14935,850
2023211,91572,36159,47512,533
2024245,12288,13674,07126,622
2025281,724101,83271,61112,909
2026331,839133,74966,98719,359

Between 2021 and 2026, revenue went from $168,088M to $331,839M (+97%) and net income went from $61,271M to $133,749M (+118%). Meanwhile, its margins have widened (from 36% to 40%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Net margin39.3%40.3%
  • FCF margin22.9%20.2%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$3.64

per share, yearly

19.8% of earnings

Payout

16 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Microsoft Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Microsoft Corp a good company to invest in?

In terms of business quality, Microsoft Corp scores 92 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Microsoft Corp a profitable company?

Very. Microsoft Corp shows a net margin of 40.3% and an ROE of 30.2%, typical of a highly profitable business.

Does Microsoft Corp have a lot of debt?

Not particularly. Its net debt is 0.1 times its EBITDA, a low level.

Is Microsoft Corp growing?

Its revenue has grown 14.6% annualized in recent years and its earnings per share 17.4%, and without interruption since 2021.

Does Microsoft Corp generate cash?

Yes. It converts about 20.2% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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