Microsoft Corporation MSFT

516.17 18.24 3.66% as of 25 Sep
Market cap
$3.68T
P/E
28.7×
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Growth Flags show if company had growth for consecutive years,
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Microsoft Corporation (MSFT) Price to free cash flow

As of 25 September 2026, Microsoft Corporation (MSFT) trades at a price to free cash flow of 57.3×. Over the past ten years it has ranged from 8.9× (April 2015) to 57.3× (September 2026) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 17.1× and above the Technology sector median of 19.8×.

Price to free cash flow, daily

Annual

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

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 57.3×
Ten-year median 31.3×
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 29.7×
FTNT Fortinet, Inc. compare 40.8×
MSFT Microsoft Corporation 57.3×
PANW Palo Alto Networks, Inc. compare 68.2×
PLTR Palantir Technologies Inc. compare 136×
CRWD CrowdStrike compare 170×
NET Cloudflare, Inc. compare 393×
Software Infrastructure industry median 17.1×
Technology sector median 19.8×
Market median 14.0×

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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