Microsoft
MSFTNASDAQTechnology
Price
as of May 20, 2026
- Open
- $429.90
- High
- $432.70
- Low
- $416.49
- Vol
- 31.53M
Price · last 1 year
Source: yfinance. Snapshot pinned to as-of date.
Price / Earnings
P/E24.9×
Price paid per dollar of trailing earnings.
Price / Book
P/B9.0×
Share price against net book value of equity.
Enterprise Value / EBITDA
EV/EBITDA19.5×
Whole-company value over operating cash earnings.
Dividend Yield
TTM0.87%
Trailing annual payout as a share of price.
Market Capitalization
Mkt cap$3.1T
Total equity value at the current share price.
Quality
Quality assessment
Last reviewed May 19, 2026
View full read →Office plus Azure switching costs compound at the enterprise contract level — the widest moat in software.
CapitalCapital AllocationDisciplined R&D + capex; $24B dividend, $18B buyback; Activision still being judged.Open deep-dive →R&D and capex discipline is exemplary; Activision integration is the open question.
EarningsEarnings Quality & Durability45%+ operating margin three years running; recurring cloud + Office contracts.Open deep-dive →Operating margin above 45% three years running; recurring revenue base limits cyclical exposure.
Balance SheetBalance Sheet StrengthNet cash positive; AAA-equivalent; capex-heavy but FCF still robust.Open deep-dive →AAA-equivalent fortress; net debt of $12.9B is rounding error against $343.5B of equity.
RiskRisk ProfileAI capex ramp, EU/US antitrust posture, hyperscale customer concentration in Azure.Open deep-dive →AI capex intensity, antitrust posture, and concentration in a few hyperscale customers are the watchlist items.
Recent changes
Last 1 year
April 2026
Apr 29MSFT guides FY26 capex above $80B — explicit AI infrastructure expansion, with Azure AI revenue contribution called out as the offset. Capex/OCF ratio steps higher.
March 2026
Mar 25MSFT Q3 FY26 reclassifies Copilot revenue into a standalone reporting line within Intelligent Cloud — first explicit AI revenue disclosure.
February 2026
Feb 11MSFT raises quarterly dividend from $0.83 to $0.91 — 21st consecutive annual increase, alongside reaffirmed buyback pace.
January 2026
Jan 30MSFT Q2 FY26 prints Azure growth of 31% — accelerating from 28% in Q1, with AI services contributing ~7 percentage points of the print.
November 2025
Nov 14MSFT 10-Q discloses expanded OpenAI commitment terms — minimum Azure consumption floor extended through 2030.
July 2025
Jul 22MSFT board authorizes $60B share repurchase program — replaces prior plan, sized to keep buyback pace through the AI capex cycle.
About
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions. The Intelligent Cloud segment licenses SQL, Windows Servers, Visual Studio, System Center, and related Client Access Licenses; GitHub that provides a collaboration platform and code hosting service for developers; Nuance provides healthcare and enterprise AI solutions; and Azure, a cloud platform. It also offers enterprise support, Microsoft consulting, and nuance professional services to assist customers in developing, deploying, and managing Microsoft server and desktop solutions; and training and certification on Microsoft products. The More Personal Computing segment provides Windows original equipment manufacturer (OEM) licensing and other non-volume licensing of the Windows operating system; Windows Commercial, such as volume licensing of the Windows operating system, Windows cloud services, and other Windows commercial offerings; patent licensing; and Windows Internet of Things. It also offers Surface, PC accessories, PCs, tablets, gaming and entertainment consoles, and other devices; Gaming, including Xbox hardware, and Xbox content and services; video games and third-party video game royalties; and Search, including Bing and Microsoft advertising. The company sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online stores, and retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Satya Nadella
- Employees
- 228K
- Dividend (last)
- $0.91
- HQ
- Redmond, WA
- IPO
- Mar 13, 1986
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