Microsoft Corporation

MSFT Technology Software Infrastructure

Microsoft Corporation’s revenue for fiscal 2026 (year ended June 2026) was $331.8 billion, up 17.8% from fiscal 2025. In the quarter to June 2026, revenue grew 17.8%, EPS grew 31.7%, free cash flow fell 23.2% and total debt fell 6.62%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three; insiders bought in the last twelve months.

529.05 10.39 −1.93%
Market cap
$4.01T
P/E
29.4×
Fwd P/E
21.3×
Dividend yield
0.69%
F-score
6/9
Altman Z
7.04
Beneish M
−2.62
Dividend safety
96/100

Microsoft Corporation (MSFT) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Microsoft Corporation (MSFT) trades at a price to free cash flow of 58.7×. Over the past ten years it has ranged from 8.9× (April 2015) to 60.3× (October 2026); the current reading is higher than 100% of that period. That is above the Software Infrastructure industry median of 16.3× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 41.4× (19.87%)
FY2025 51.6× 12.68%
FY2024 45.8× 7.47%
FY2023 42.6× 44.27%
FY2022 29.6× (18.89%)
FY2021 36.4× 6.41%
FY2020 34.2× 25.83%
FY2019 27.2× 13.96%
FY2018 23.9× 40.32%
FY2017 17.0× 4.83%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 41.4× 9.73%
Mar 2026 37.7× (18.79%)
Dec 2025 46.4× (5.92%)
Sep 2025 49.3× (4.42%)
42 more quarters

Against its own ten years

Low 8.9× High 60.3×
Ten-year median 31.4×
Current reading's percentile 100

Price to free cash flow against peers

Company Price to free cash flow
NBIS Nebius Group N.V. compare n/m
ORCL Oracle Corporation compare n/m
SNPS Synopsys, Inc. compare 31.7×
FTNT Fortinet, Inc. compare 39.8×
MSFT Microsoft Corporation 58.7×
PANW Palo Alto Networks, Inc. compare 62.3×
PLTR Palantir Technologies Inc. compare 133×
CRWD CrowdStrike compare 153×
NET Cloudflare, Inc. compare 332×
Software Infrastructure industry median 16.3×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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