Microsoft Corporation
Microsoft Corporation develops and supports software, services, devices, and solutions worldwide. The Productivity and Business Processes segment offers Microsoft 365 commercial, enterprise mobility + security, windows commercial, power BI, exchange, sharepoint, Microsoft teams, security and compliance, and copilot; Microsoft 365 commercial products, such as Windows commercial on-premises and off… Read more
Microsoft Corporation (MSFT) - Net Assets
Latest net assets as of December 2025: $390.88 Billion USD
Based on the latest financial reports, Microsoft Corporation (MSFT) has net assets worth $390.88 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($665.30 Billion) and total liabilities ($274.43 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $390.88 Billion |
| % of Total Assets | 58.75% |
| Annual Growth Rate | 22.17% |
| 5-Year Change | 141.91% |
| 10-Year Change | 377.07% |
| Growth Volatility | 24.92 |
Microsoft Corporation - Net Assets Trend (1986–2025)
This chart illustrates how Microsoft Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Microsoft Corporation (1986–2025)
The table below shows the annual net assets of Microsoft Corporation from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $343.48 Billion | +27.94% |
| 2024-06-30 | $268.48 Billion | +30.19% |
| 2023-06-30 | $206.22 Billion | +23.83% |
| 2022-06-30 | $166.54 Billion | +17.29% |
| 2021-06-30 | $141.99 Billion | +20.02% |
| 2020-06-30 | $118.30 Billion | +15.61% |
| 2019-06-30 | $102.33 Billion | +23.71% |
| 2018-06-30 | $82.72 Billion | +14.26% |
| 2017-06-30 | $72.39 Billion | +0.55% |
| 2016-06-30 | $72.00 Billion | -10.10% |
| 2015-06-30 | $80.08 Billion | -10.80% |
| 2014-06-30 | $89.78 Billion | +13.73% |
| 2013-06-30 | $78.94 Billion | +18.96% |
| 2012-06-30 | $66.36 Billion | +16.26% |
| 2011-06-30 | $57.08 Billion | +23.62% |
| 2010-06-30 | $46.17 Billion | +16.73% |
| 2009-06-30 | $39.56 Billion | +9.02% |
| 2008-06-30 | $36.29 Billion | +16.69% |
| 2007-06-30 | $31.10 Billion | -22.46% |
| 2006-06-30 | $40.10 Billion | -16.65% |
| 2005-06-30 | $48.12 Billion | -35.70% |
| 2004-06-30 | $74.83 Billion | +15.27% |
| 2003-06-30 | $64.91 Billion | +24.40% |
| 2002-06-30 | $52.18 Billion | +10.34% |
| 2001-06-30 | $47.29 Billion | +14.31% |
| 2000-06-30 | $41.37 Billion | +45.47% |
| 1999-06-30 | $28.44 Billion | +71.04% |
| 1998-06-30 | $16.63 Billion | +54.28% |
| 1997-06-30 | $10.78 Billion | +53.23% |
| 1996-06-30 | $7.03 Billion | +28.86% |
| 1995-06-30 | $5.46 Billion | +22.65% |
| 1994-06-30 | $4.45 Billion | +37.26% |
| 1993-06-30 | $3.24 Billion | +47.83% |
| 1992-06-30 | $2.19 Billion | +62.35% |
| 1991-06-30 | $1.35 Billion | +47.05% |
| 1990-06-30 | $918.60 Million | +63.51% |
| 1989-06-30 | $561.80 Million | +49.61% |
| 1988-06-30 | $375.50 Million | +57.05% |
| 1987-06-30 | $239.10 Million | +71.64% |
| 1986-06-30 | $139.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Microsoft Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 266414.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $237.73 Billion | 69.21% |
| Common Stock | $109.09 Billion | 31.76% |
| Other Comprehensive Income | $-3.35 Billion | -0.97% |
| Total Equity | $343.48 Billion | 100.00% |
Microsoft Corporation Competitors by Market Cap
The table below lists competitors of Microsoft Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alphabet Inc Class A
NASDAQ:GOOGL
|
$3.37 Trillion |
|
Alphabet Inc. Cl A
SN:GOOGL
|
$3.55 Trillion |
|
Apple Inc
NASDAQ:AAPL
|
$3.73 Trillion |
|
NVIDIA Corporation
NASDAQ:NVDA
|
$4.24 Trillion |
|
Amazon.com Inc
NASDAQ:AMZN
|
$2.10 Trillion |
|
Taiwan Semiconductor Manufacturing
NYSE:TSM
|
$1.84 Trillion |
|
MOL Hungarian Oil & Gas PLC
LSE:0RUK
|
$1.60 Trillion |
|
Meta Platforms Inc.
NASDAQ:META
|
$1.36 Trillion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microsoft Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 268,477,000,000 to 343,479,000,000, a change of 75,002,000,000 (27.9%).
- Net income of 101,832,000,000 contributed positively to equity growth.
- Dividend payments of 24,082,000,000 reduced retained earnings.
- Share repurchases of 18,420,000,000 reduced equity.
- New share issuances of 2,056,000,000 increased equity.
- Other comprehensive income increased equity by 2,243,000,000.
- Other factors increased equity by 11,373,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $101.83 Billion | +29.65% |
| Dividends Paid | $24.08 Billion | -7.01% |
| Share Repurchases | $18.42 Billion | -5.36% |
| Share Issuances | $2.06 Billion | +0.6% |
| Other Comprehensive Income | $2.24 Billion | +0.65% |
| Other Changes | $11.37 Billion | +3.31% |
| Total Change | $- | 27.94% |
Book Value vs Market Value Analysis
This analysis compares Microsoft Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 21052.61x to 8.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $0.02 | $399.41 | x |
| 1987-06-30 | $0.03 | $399.41 | x |
| 1988-06-30 | $0.06 | $399.41 | x |
| 1989-06-30 | $0.08 | $399.41 | x |
| 1990-06-30 | $0.12 | $399.41 | x |
| 1991-06-30 | $0.16 | $399.41 | x |
| 1992-06-30 | $0.25 | $399.41 | x |
| 1993-06-30 | $0.34 | $399.41 | x |
| 1994-06-30 | $0.46 | $399.41 | x |
| 1995-06-30 | $0.53 | $399.41 | x |
| 1996-06-30 | $0.68 | $399.41 | x |
| 1997-06-30 | $1.03 | $399.41 | x |
| 1998-06-30 | $1.55 | $399.41 | x |
| 1999-06-30 | $2.59 | $399.41 | x |
| 2000-06-30 | $3.74 | $399.41 | x |
| 2001-06-30 | $4.24 | $399.41 | x |
| 2002-06-30 | $4.70 | $399.41 | x |
| 2003-06-30 | $5.61 | $399.41 | x |
| 2004-06-30 | $6.87 | $399.41 | x |
| 2005-06-30 | $4.41 | $399.41 | x |
| 2006-06-30 | $3.81 | $399.41 | x |
| 2007-06-30 | $3.15 | $399.41 | x |
| 2008-06-30 | $3.83 | $399.41 | x |
| 2009-06-30 | $4.40 | $399.41 | x |
| 2010-06-30 | $5.17 | $399.41 | x |
| 2011-06-30 | $6.64 | $399.41 | x |
| 2012-06-30 | $7.80 | $399.41 | x |
| 2013-06-30 | $9.32 | $399.41 | x |
| 2014-06-30 | $10.69 | $399.41 | x |
| 2015-06-30 | $9.70 | $399.41 | x |
| 2016-06-30 | $8.99 | $399.41 | x |
| 2017-06-30 | $9.24 | $399.41 | x |
| 2018-06-30 | $10.61 | $399.41 | x |
| 2019-06-30 | $13.20 | $399.41 | x |
| 2020-06-30 | $15.40 | $399.41 | x |
| 2021-06-30 | $18.66 | $399.41 | x |
| 2022-06-30 | $22.09 | $399.41 | x |
| 2023-06-30 | $27.60 | $399.41 | x |
| 2024-06-30 | $35.95 | $399.41 | x |
| 2025-06-30 | $46.01 | $399.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microsoft Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 29.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.15%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.80x
- Recent ROE (29.65%) is below the historical average (30.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 28.21% | 19.90% | 1.16x | 1.23x | $25.37 Million |
| 1987 | 30.07% | 20.79% | 1.20x | 1.20x | $47.99 Million |
| 1988 | 33.00% | 20.97% | 1.20x | 1.31x | $86.35 Million |
| 1989 | 30.35% | 21.22% | 1.12x | 1.28x | $114.32 Million |
| 1990 | 30.39% | 23.59% | 1.07x | 1.20x | $187.34 Million |
| 1991 | 34.25% | 25.10% | 1.12x | 1.22x | $327.62 Million |
| 1992 | 32.29% | 25.67% | 1.05x | 1.20x | $488.80 Million |
| 1993 | 29.40% | 25.39% | 0.99x | 1.17x | $628.80 Million |
| 1994 | 25.75% | 24.65% | 0.87x | 1.21x | $701.00 Million |
| 1995 | 27.25% | 24.47% | 0.82x | 1.35x | $919.70 Million |
| 1996 | 31.77% | 25.31% | 0.86x | 1.46x | $1.50 Billion |
| 1997 | 32.05% | 28.94% | 0.83x | 1.33x | $2.38 Billion |
| 1998 | 27.00% | 29.42% | 0.68x | 1.34x | $2.83 Billion |
| 1999 | 27.38% | 39.42% | 0.51x | 1.36x | $4.94 Billion |
| 2000 | 22.77% | 41.04% | 0.44x | 1.26x | $5.28 Billion |
| 2001 | 15.53% | 29.04% | 0.43x | 1.24x | $2.62 Billion |
| 2002 | 15.00% | 27.60% | 0.42x | 1.30x | $2.61 Billion |
| 2003 | 12.34% | 23.40% | 0.39x | 1.34x | $1.43 Billion |
| 2004 | 10.92% | 22.17% | 0.39x | 1.26x | $685.50 Million |
| 2005 | 25.47% | 30.80% | 0.56x | 1.47x | $7.44 Billion |
| 2006 | 31.42% | 28.45% | 0.64x | 1.74x | $8.59 Billion |
| 2007 | 45.23% | 27.51% | 0.81x | 2.03x | $10.96 Billion |
| 2008 | 48.73% | 29.26% | 0.83x | 2.01x | $14.05 Billion |
| 2009 | 36.83% | 24.93% | 0.75x | 1.97x | $10.61 Billion |
| 2010 | 40.63% | 30.02% | 0.73x | 1.86x | $14.14 Billion |
| 2011 | 40.55% | 33.10% | 0.64x | 1.90x | $17.44 Billion |
| 2012 | 25.58% | 23.03% | 0.61x | 1.83x | $10.34 Billion |
| 2013 | 27.69% | 28.08% | 0.55x | 1.80x | $13.97 Billion |
| 2014 | 24.59% | 25.42% | 0.50x | 1.92x | $13.10 Billion |
| 2015 | 15.23% | 13.03% | 0.54x | 2.18x | $4.18 Billion |
| 2016 | 28.53% | 22.53% | 0.47x | 2.69x | $13.34 Billion |
| 2017 | 35.21% | 26.39% | 0.40x | 3.33x | $18.25 Billion |
| 2018 | 20.03% | 15.02% | 0.43x | 3.13x | $8.30 Billion |
| 2019 | 38.35% | 31.18% | 0.44x | 2.80x | $29.01 Billion |
| 2020 | 37.43% | 30.96% | 0.47x | 2.55x | $32.45 Billion |
| 2021 | 43.15% | 36.45% | 0.50x | 2.35x | $47.07 Billion |
| 2022 | 43.68% | 36.69% | 0.54x | 2.19x | $56.08 Billion |
| 2023 | 35.09% | 34.15% | 0.51x | 2.00x | $51.74 Billion |
| 2024 | 32.83% | 35.96% | 0.48x | 1.91x | $61.29 Billion |
| 2025 | 29.65% | 36.15% | 0.46x | 1.80x | $67.48 Billion |
Industry Comparison
This section compares Microsoft Corporation's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microsoft Corporation (MSFT) | $390.88 Billion | 28.21% | 0.70x | $2.96 Trillion |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |