Microsoft Corporation (MSFT) vs Cloudflare, Inc. (NET)

Microsoft Corporation and Cloudflare, Inc. are both Software Infrastructure companies. Microsoft Corporation is the larger, with a market value of $3.68T against $128.1B — 28.8× the size. Cloudflare, Inc. has negative trailing earnings, so its P/E is not meaningful; Microsoft Corporation trades at 28.7×. Cloudflare, Inc. grew revenue faster over the last twelve months: 33.5% against 17.8%. Microsoft Corporation has the higher net margin (40.3% vs −8.21%) and the higher return on invested capital (23.9% vs 0.00%). Across the 20 metrics below, Microsoft Corporation leads on 15 and Cloudflare, Inc. on 5.