Return on Equity snapshot
Microsoft Corporation's return on equity was 29.6% in FY2025, compared with 32.8% in FY2024. On a trailing-twelve-month basis it was 30.2% as of Q3 FY26. Return on equity (ROE) is net income divided by shareholders' equity. It measures how much profit a company generates for each dollar of equity capital.
Return on Equity (latest FY)
29.6%
Return on Equity (TTM)
30.2%
Return on assets (latest FY)
16.5%
Return on invested capital (latest FY)
26.3%
Microsoft Corporation Return on Equity
Net income ÷ shareholders' equity
Return on Equity vs. related metrics
Microsoft Corporation Return on Equity — by fiscal year
| Fiscal year | Return on equity | Return on assets | Return on invested capital |
|---|---|---|---|
| FY2025 | 29.6% | 16.5% | 26.3% |
| FY2024 | 32.8% | 17.2% | 27.2% |
| FY2023 | 35.1% | 17.6% | 30.4% |
| FY2022 | 43.7% | 19.9% | 33.3% |
| FY2021 | 43.2% | 18.4% | 30.4% |
| FY2020 | 37.4% | 14.7% | 24.9% |
| FY2019 | 38.3% | 13.7% | 22.7% |
| FY2018 | 20.0% | 6.4% | 10.5% |
| FY2017 | 29.1% | 10.2% | 13.9% |
| FY2016 | 24.7% | 10.6% | 14.6% |
| FY2015 | 15.2% | 7.0% | 10.4% |
| FY2014 | 24.6% | 12.8% | 20.8% |
| FY2013 | 27.7% | 15.3% | 23.8% |
| FY2012 | 25.6% | 14.0% | 23.3% |
| FY2011 | 40.6% | 21.3% | 37.7% |
| FY2010 | 40.6% | 21.8% | 38.0% |
| FY2009 | 36.8% | 18.7% | 38.2% |
| FY2008 | 48.7% | — | — |
| FY2007 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Return on equity | Return on assets | Return on invested capital |
|---|---|---|---|
| Q3 FY26 | 30.2% | 18.0% | 24.9% |
| Q2 FY26 | 30.5% | 17.9% | 24.8% |
| Q1 FY26 | 28.9% | 16.5% | 25.9% |
| Q4 FY25 | 29.6% | 16.5% | 26.3% |
| Q3 FY25 | 30.0% | 17.2% | 26.6% |
| Q2 FY25 | 30.6% | 17.4% | 26.2% |
| Q1 FY25 | 31.5% | 17.3% | 26.9% |
| Q4 FY24 | 32.8% | 17.2% | 27.2% |
| Q3 FY24 | 34.0% | 17.8% | 26.9% |
| Q2 FY24 | 34.6% | 17.5% | 26.0% |
| Q1 FY24 | 34.9% | 17.3% | 33.1% |
| Q4 FY23 | 35.1% | 17.6% | 30.4% |
Figures normalized from SEC filings. See the full Microsoft Corporation ratios & metrics.