Microsoft Corporation (MSFT) — Cash Flow Quality Index
Microsoft Corporation (MSFT) has a Cash Flow Quality Index of 1.47x as of March 2026. Operating cash flow of $46.68 Billion exceeds net income of $31.78 Billion, indicating high earnings quality where cash backs reported profits. Explore MSFT operating cash flow to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Microsoft Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Microsoft Corporation across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Microsoft Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Microsoft Corporation (1989–2025)
Year-by-year earnings quality comparison for Microsoft Corporation. For live market cap and the full company financial profile, see Microsoft Corporation (MSFT) market capitalisation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.34x | $136.16 Billion | $101.83 Billion | ▼ -0.6% |
| 2024 | 1.35x | $118.55 Billion | $88.14 Billion | ▲ +11.1% |
| 2023 | 1.21x | $87.58 Billion | $72.36 Billion | ▼ -1.1% |
| 2022 | 1.22x | $89.03 Billion | $72.74 Billion | ▼ -2.3% |
| 2021 | 1.25x | $76.74 Billion | $61.27 Billion | ▼ -8.6% |
| 2020 | 1.37x | $60.67 Billion | $44.28 Billion | ▲ +3.0% |
| 2019 | 1.33x | $52.19 Billion | $39.24 Billion | ▼ -49.8% |
| 2018 | 2.65x | $43.88 Billion | $16.57 Billion | ▲ +70.9% |
| 2017 | 1.55x | $39.51 Billion | $25.49 Billion | ▼ -4.5% |
| 2016 | 1.62x | $33.33 Billion | $20.54 Billion | ▼ -33.3% |
| 2015 | 2.43x | $29.67 Billion | $12.19 Billion | ▲ +65.3% |
| 2014 | 1.47x | $32.50 Billion | $22.07 Billion | ▲ +11.6% |
| 2013 | 1.32x | $28.83 Billion | $21.86 Billion | ▼ -29.2% |
| 2012 | 1.86x | $31.63 Billion | $16.98 Billion | ▲ +59.8% |
| 2011 | 1.17x | $26.99 Billion | $23.15 Billion | ▼ -9.1% |
| 2010 | 1.28x | $24.07 Billion | $18.76 Billion | ▼ -1.8% |
| 2009 | 1.31x | $19.04 Billion | $14.57 Billion | ▲ +6.9% |
| 2008 | 1.22x | $21.61 Billion | $17.68 Billion | ▼ -3.4% |
| 2007 | 1.27x | $17.80 Billion | $14.06 Billion | ▲ +10.7% |
| 2006 | 1.14x | $14.40 Billion | $12.60 Billion | ▼ -15.6% |
| 2005 | 1.36x | $16.61 Billion | $12.25 Billion | ▼ -24.3% |
| 2004 | 1.79x | $14.63 Billion | $8.17 Billion | ▼ -14.6% |
| 2003 | 2.10x | $15.80 Billion | $7.53 Billion | ▲ +13.2% |
| 2002 | 1.85x | $14.51 Billion | $7.83 Billion | ▲ +1.4% |
| 2001 | 1.83x | $13.42 Billion | $7.35 Billion | ▲ +50.6% |
| 2000 | 1.21x | $11.43 Billion | $9.42 Billion | ▼ -28.1% |
| 1999 | 1.69x | $13.14 Billion | $7.79 Billion | ▼ -10.2% |
| 1998 | 1.88x | $8.43 Billion | $4.49 Billion | ▲ +38.3% |
| 1997 | 1.36x | $4.69 Billion | $3.45 Billion | ▼ -19.9% |
| 1996 | 1.69x | $3.72 Billion | $2.19 Billion | ▲ +23.7% |
| 1995 | 1.37x | $1.99 Billion | $1.45 Billion | ▼ -1.5% |
| 1994 | 1.39x | $1.59 Billion | $1.15 Billion | ▲ +23.3% |
| 1993 | 1.13x | $1.07 Billion | $953.00 Million | ▼ -12.0% |
| 1992 | 1.28x | $907.00 Million | $708.10 Million | ▲ +6.2% |
| 1991 | 1.21x | $557.90 Million | $462.70 Million | ▲ +21.0% |
| 1990 | 1.00x | $278.30 Million | $279.20 Million | ▼ -23.6% |
| 1989 | 1.30x | $222.50 Million | $170.50 Million | — |