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Microsoft stock: key metrics
MSFTMicrosoft had an operating margin of 46.8% and a return on invested capital (ROIC) of 29.3% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 79.1% | 36.1% | 27.5% |
| 2008 | 80.8% | 36.9% | 29.3% |
| 2009 | 79.2% | 34.8% | 24.9% |
| 2010 | 80.2% | 38.6% | 30.0% |
| 2011 | 77.7% | 38.8% | 33.1% |
| 2012 | 76.2% | 29.5% | 23.0% |
| 2013 | 73.8% | 34.4% | 28.1% |
| 2014 | 68.8% | 32.0% | 25.4% |
| 2015 | 64.7% | 19.4% | 13.0% |
| 2016 | 64.0% | 28.6% | 22.5% |
| 2017 | 64.5% | 30.1% | 26.4% |
| 2018 | 65.2% | 31.8% | 15.0% |
| 2019 | 65.9% | 34.1% | 31.2% |
| 2020 | 67.8% | 37.0% | 31.0% |
| 2021 | 68.9% | 41.6% | 36.5% |
| 2022 | 68.4% | 42.1% | 36.7% |
| 2023 | 68.9% | 41.8% | 34.1% |
| 2024 | 69.8% | 44.6% | 36.0% |
| 2025 | 68.8% | 45.6% | 36.1% |
| 2026 | 67.9% | 46.8% | 40.3% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | 45.2% | 167.9% | 22.3% |
| 2008 | 48.7% | 162.8% | 24.3% |
| 2009 | 36.8% | 113.0% | 18.7% |
| 2010 | 40.6% | 123.9% | 21.8% |
| 2011 | 40.6% | 142.0% | 21.3% |
| 2012 | 25.6% | 105.4% | 14.0% |
| 2013 | 27.7% | 131.9% | 15.3% |
| 2014 | 24.6% | 99.6% | 12.8% |
| 2015 | 15.2% | 52.5% | 7.0% |
| 2016 | 28.5% | 15.0% | 10.6% |
| 2017 | 29.1% | 78.2% | 10.2% |
| 2018 | 20.0% | 40.4% | 6.4% |
| 2019 | 38.3% | 84.4% | 13.7% |
| 2020 | 37.4% | 74.4% | 14.7% |
| 2021 | 43.2% | 76.3% | 18.4% |
| 2022 | 43.7% | 61.9% | 19.9% |
| 2023 | 35.1% | 45.6% | 17.6% |
| 2024 | 32.8% | 38.5% | 17.2% |
| 2025 | 29.6% | 32.5% | 16.5% |
| 2026 | 30.2% | 29.3% | 17.6% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Jun 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 May 2016)
- Valuation signal Undervalued since 9 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.