Enterprise Value Summary (Quarterly)
According to Microsoft's latest quarterly financial reports:
- The enterprise value (EV) is 3.47T, which includes the market capitalization, debt, and subtracts cash and cash equivalents. EV provides a more comprehensive measure of a company's total value.
- The market capitalization is 3.39T, which is calculated by multiplying the current share price by the total number of outstanding shares.
- The stock price is $456.73, with 7.43B shares outstanding.
- The company has 18.32B in cash and cash equivalents and 97.85B in total debt.
Enterprise Value (EV) Formula:
EV = Market Cap + Total Debt - Cash and Cash Equivalents
Enterprise value is often used instead of market cap because it provides a more accurate valuation of a company by including debt and subtracting cash, giving a fuller picture of the company's total value.
Enterprise Value
$3.47T
Market Cap
$3.39T
Total Debt
$97.85B
Cash and Equivalents
$18.32B
Historical Enterprise Value
Microsoft Historical Enterprise Values
The table below shows various enterprise value metrics for each quarter, with the latest data available for 2024-06-30.
| Date | Enterprise Value | EV Change (%) | Stock Price | Number of Shares | Market Cap | Cash & Equivalents | Total Debt |
|---|---|---|---|---|---|---|---|
| 2024-06-30 | $3.47T | 7.18% | $456.73 | 7.43B | $3.39T | $18.32B | $97.85B |
| 2024-03-31 | $3.24T | 13.11% | $424.57 | 7.43B | $3.15T | $19.63B | $106.23B |
| 2023-12-31 | $2.87T | 21.94% | $376.04 | 7.43B | $2.79T | $17.30B | $88.37B |
| 2023-09-30 | $2.35T | -8.08% | $315.75 | 7.43B | $2.35T | $80.45B | $84.99B |
| 2023-06-30 | $2.56T | 17.33% | $340.54 | 7.43B | $2.53T | $34.70B | $59.97B |
| 2023-03-31 | $2.18T | 18.99% | $288.3 | 7.44B | $2.15T | $26.56B | $60.52B |
| 2022-12-31 | $1.83T | 3.23% | $239.82 | 7.45B | $1.79T | $15.65B | $60.11B |
| 2022-09-30 | $1.77T | -9.80% | $232.9 | 7.46B | $1.74T | $22.88B | $60.28B |
| 2022-06-30 | $1.97T | -16.62% | $256.83 | 7.47B | $1.92T | $13.93B | $61.27B |
| 2022-03-31 | $2.36T | -8.12% | $308.31 | 7.49B | $2.31T | $12.50B | $61.28B |
| 2021-12-31 | $2.57T | 18.74% | $336.32 | 7.50B | $2.52T | $20.60B | $64.03B |
| 2021-09-30 | $2.16T | 3.33% | $281.92 | 7.51B | $2.12T | $19.16B | $63.34B |
| 2021-06-30 | $2.09T | 14.28% | $270.9 | 7.53B | $2.04T | $14.22B | $67.78B |
| 2021-03-31 | $1.83T | 5.52% | $235.77 | 7.54B | $1.78T | $13.70B | $67.33B |
| 2020-12-31 | $1.74T | 5.46% | $222.42 | 7.55B | $1.68T | $14.43B | $69.40B |
| 2020-09-30 | $1.65T | 2.84% | $210.33 | 7.57B | $1.59T | $17.20B | $71.31B |
| 2020-06-30 | $1.60T | 26.88% | $203.51 | 7.58B | $1.54T | $13.58B | $71.00B |
| 2020-03-31 | $1.26T | -0.68% | $157.71 | 7.60B | $1.20T | $11.71B | $73.86B |
| 2019-12-31 | $1.27T | 12.93% | $157.7 | 7.62B | $1.20T | $8.86B | $76.78B |
| 2019-09-30 | $1.12T | 1.70% | $139.03 | 7.63B | $1.06T | $13.12B | $76.15B |
| 2019-06-30 | $1.11T | 12.71% | $135.68 | 7.66B | $1.04T | $11.36B | $78.37B |
| 2019-03-31 | $980.98B | 14.94% | $119.02 | 7.67B | $913.12B | $11.21B | $79.07B |
| 2018-12-31 | $853.49B | -10.52% | $101.57 | 7.69B | $781.28B | $6.64B | $78.85B |
| 2018-09-30 | $953.82B | 15.27% | $115.61 | 7.67B | $887.08B | $15.14B | $81.88B |
| 2018-06-30 | $827.48B | 6.60% | $98.61 | 7.68B | $757.62B | $11.95B | $81.81B |
| 2018-03-31 | $776.28B | 4.68% | $91.27 | 7.70B | $702.60B | $9.22B | $82.91B |
| 2017-12-31 | $741.55B | 12.61% | $85.54 | 7.71B | $659.51B | $12.86B | $94.90B |
| 2017-09-30 | $658.53B | 7.90% | $74.49 | 7.71B | $574.17B | $6.88B | $91.24B |
| 2017-06-30 | $610.33B | 4.14% | $68.93 | 7.71B | $531.79B | $7.66B | $86.19B |
| 2017-03-31 | $586.06B | 4.95% | $65.86 | 7.72B | $508.77B | $6.71B | $84.01B |
| 2016-12-31 | $558.40B | 9.62% | $62.14 | 7.75B | $481.90B | $8.47B | $84.97B |
| 2016-09-30 | $509.41B | 13.59% | $57.6 | 7.79B | $448.65B | $13.93B | $74.69B |
| 2016-06-30 | $448.45B | -5.64% | $51.17 | 7.84B | $401.28B | $6.51B | $53.69B |
| 2016-03-31 | $475.26B | -0.80% | $55.23 | 7.89B | $436.04B | $7.17B | $46.39B |
| 2015-12-31 | $479.09B | 23.78% | $55.48 | 7.96B | $441.84B | $7.18B | $44.43B |
| 2015-09-30 | $387.04B | 0.38% | $44.26 | 8.00B | $353.90B | $5.43B | $38.57B |
| 2015-06-30 | $385.59B | 8.15% | $44.15 | 8.06B | $355.89B | $5.59B | $35.29B |
| 2015-03-31 | $356.52B | -11.77% | $40.66 | 8.17B | $332.07B | $7.41B | $31.87B |
| 2014-12-31 | $404.07B | 1.06% | $46.45 | 8.23B | $382.19B | $6.43B | $28.31B |
| 2014-09-30 | $399.84B | 11.74% | $46.36 | 8.25B | $382.42B | $6.30B | $23.72B |
| 2014-06-30 | $357.83B | 2.04% | $41.7 | 8.25B | $343.86B | $8.67B | $22.64B |
| 2014-03-31 | $350.67B | 8.10% | $40.99 | 8.28B | $339.56B | $11.57B | $22.68B |
| 2013-12-31 | $324.39B | 12.08% | $37.41 | 8.33B | $311.48B | $10.06B | $22.98B |
| 2013-09-30 | $289.43B | -3.05% | $33.28 | 8.34B | $277.52B | $4.02B | $15.93B |
| 2013-06-30 | $298.53B | 20.25% | $34.36 | 8.35B | $286.73B | $3.80B | $15.60B |
| 2013-03-31 | $248.25B | 6.84% | $28.61 | 8.36B | $239.29B | $5.24B | $14.20B |
| 2012-12-31 | $232.35B | -8.71% | $26.71 | 8.39B | $224.18B | $6.02B | $14.19B |
| 2012-09-30 | $254.51B | -2.71% | $29.49 | 8.40B | $247.60B | $5.04B | $11.95B |
| 2012-06-30 | $261.59B | -5.41% | $30.59 | 8.39B | $256.59B | $6.94B | $11.94B |
| 2012-03-31 | $276.57B | 26.03% | $32.26 | 8.40B | $271.02B | $6.39B | $11.94B |
| 2011-12-31 | $219.44B | 5.54% | $25.96 | 8.40B | $218.12B | $10.61B | $11.93B |
| 2011-09-30 | $207.92B | -6.09% | $24.89 | 8.39B | $208.88B | $12.88B | $11.93B |
| 2011-06-30 | $221.41B | 1.25% | $26 | 8.43B | $219.10B | $9.61B | $11.92B |
| 2011-03-31 | $218.68B | -9.93% | $25.39 | 8.42B | $213.78B | $7.02B | $11.91B |
| 2010-12-31 | $242.80B | 13.74% | $27.91 | 8.50B | $237.15B | $4.02B | $9.67B |
| 2010-09-30 | $213.46B | 6.23% | $24.49 | 8.61B | $210.96B | $8.16B | $10.66B |
| 2010-06-30 | $200.94B | -21.08% | $23.01 | 8.71B | $200.51B | $5.50B | $5.94B |
| 2010-03-31 | $254.63B | -4.46% | $29.29 | 8.77B | $256.79B | $8.15B | $6.00B |
| 2009-12-31 | $266.50B | 17.69% | $30.48 | 8.86B | $269.93B | $9.42B | $6.00B |
| 2009-09-30 | $226.44B | 7.20% | $25.72 | 8.91B | $229.27B | $8.82B | $6.00B |
| 2009-06-30 | $211.22B | 33.65% | $23.77 | 8.90B | $211.55B | $6.08B | $5.75B |
| 2009-03-31 | $158.04B | -5.21% | $18.37 | 8.89B | $163.33B | $7.29B | $2.00B |
| 2008-12-31 | $166.73B | -29.18% | $19.44 | 8.90B | $173.07B | $8.35B | $2.00B |
| 2008-09-30 | $235.42B | -3.73% | $26.69 | 9.08B | $242.45B | $9.00B | $1.98B |
| 2008-06-30 | $244.54B | -3.08% | $27.51 | 9.27B | $254.88B | $10.34B | $- |
| 2008-03-31 | $252.31B | -22.55% | $28.38 | 9.31B | $264.13B | $11.82B | $- |
| 2007-12-31 | $325.79B | 19.51% | $35.6 | 9.36B | $333.25B | $7.46B | $- |
| 2007-09-30 | $272.61B | -0.51% | $29.77 | 9.38B | $279.24B | $6.64B | $- |
| 2007-06-30 | $274.00B | 4.02% | $29.47 | 9.51B | $280.11B | $6.11B | $- |
| 2007-03-31 | $263.42B | -7.88% | $27.87 | 9.72B | $271.04B | $7.61B | $- |
| 2006-12-31 | $285.95B | 8.94% | $29.86 | 9.81B | $292.81B | $6.86B | $- |
| 2006-09-30 | $262.48B | 13.78% | $27.35 | 9.93B | $271.56B | $9.08B | $- |
| 2006-06-30 | $230.69B | -16.41% | $23.3 | 10.19B | $237.40B | $6.71B | $- |
| 2006-03-31 | $275.99B | 1.45% | $27.21 | 10.30B | $280.34B | $4.35B | $- |
| 2005-12-31 | $272.06B | -0.06% | $26.15 | 10.56B | $276.14B | $4.08B | $- |
| 2005-09-30 | $272.23B | 3.85% | $25.73 | 10.70B | $275.21B | $2.97B | $- |
| 2005-06-30 | $262.15B | 1.37% | $24.84 | 10.75B | $267.01B | $4.85B | $- |
| 2005-03-31 | $258.61B | -9.60% | $24.17 | 10.86B | $262.39B | $3.78B | $- |
| 2004-12-31 | $286.08B | -1.18% | $26.72 | 10.88B | $290.63B | $4.56B | $- |
| 2004-09-30 | $289.50B | -1.25% | $27.65 | 10.87B | $300.64B | $11.14B | $- |
| 2004-06-30 | $293.15B | 12.96% | $28.56 | 10.82B | $309.13B | $15.98B | $- |
| 2004-03-31 | $259.52B | -10.42% | $24.93 | 10.79B | $268.87B | $9.35B | $- |
| 2003-12-31 | $289.72B | -1.72% | $27.37 | 10.81B | $295.87B | $6.15B | $- |
| 2003-09-30 | $294.78B | 9.69% | $27.8 | 10.81B | $300.55B | $5.77B | $- |
| 2003-06-30 | $268.73B | 5.34% | $25.64 | 10.73B | $275.17B | $6.44B | $- |
| 2003-03-31 | $255.11B | -5.91% | $24.21 | 10.71B | $259.41B | $4.30B | $- |
| 2002-12-31 | $271.12B | 18.12% | $25.85 | 10.70B | $276.67B | $5.55B | $- |
| 2002-09-30 | $229.52B | -18.64% | $21.87 | 10.74B | $234.86B | $5.34B | $- |
| 2002-06-30 | $282.11B | -12.34% | $26.33 | 10.83B | $285.13B | $3.02B | $- |
| 2002-03-31 | $321.84B | -8.62% | $30.19 | 10.83B | $326.96B | $5.12B | $- |
| 2001-12-31 | $352.22B | 27.43% | $33.13 | 10.79B | $357.47B | $5.26B | $- |
| 2001-09-30 | $276.40B | -28.91% | $25.89 | 10.80B | $279.51B | $3.11B | $- |
| 2001-06-30 | $388.82B | 35.18% | $36.5 | 10.76B | $392.74B | $3.92B | $- |
| 2001-03-31 | $287.62B | 26.33% | $27.34 | 10.67B | $291.77B | $4.15B | $- |
| 2000-12-31 | $227.68B | -28.17% | $21.69 | 10.66B | $231.22B | $3.53B | $- |
| 2000-09-30 | $316.99B | -22.40% | $30.16 | 10.60B | $319.64B | $2.64B | $- |
| 2000-06-30 | $408.51B | -25.50% | $40 | 10.33B | $413.36B | $4.85B | $- |
| 2000-03-31 | $548.32B | -8.33% | $53.13 | 10.42B | $553.51B | $5.19B | $- |
| 1999-12-31 | $598.11B | 30.11% | $58.38 | 10.33B | $602.83B | $4.72B | $- |
| 1999-09-30 | $459.69B | 1.04% | $45.28 | 10.26B | $464.48B | $4.79B | $- |
| 1999-06-30 | $454.94B | 1.82% | $45.09 | 10.20B | $459.92B | $4.97B | $- |
| 1999-03-31 | $446.83B | 31.25% | $44.81 | 10.11B | $453.03B | $6.20B | $- |
| 1998-12-31 | $340.45B | 27.93% | $34.67 | 10.00B | $346.56B | $6.11B | $- |
| 1998-09-30 | $266.12B | 1.08% | $27.52 | 9.86B | $271.31B | $5.19B | $- |
| 1998-06-30 | $263.27B | 23.20% | $27.09 | 9.86B | $267.11B | $3.84B | $- |
| 1998-03-31 | $213.69B | 38.67% | $22.38 | 9.73B | $217.80B | $4.11B | $- |
| 1997-12-31 | $154.11B | -0.90% | $16.16 | 9.70B | $156.69B | $2.58B | $- |
| 1997-09-30 | $155.50B | 5.73% | $16.54 | 9.64B | $159.45B | $3.94B | $- |
| 1997-06-30 | $147.08B | 41.45% | $15.8 | 9.54B | $150.78B | $3.71B | $- |
| 1997-03-31 | $103.98B | 5.21% | $11.46 | 9.41B | $107.83B | $3.85B | $- |
| 1996-12-31 | $98.83B | 32.09% | $10.33 | 9.87B | $101.92B | $3.10B | $- |
| 1996-09-30 | $74.82B | 54.31% | $8.24 | 9.45B | $77.84B | $3.02B | $- |
| 1996-06-30 | $48.49B | -22.63% | $7.64 | 6.69B | $51.09B | $2.60B | $- |
| 1996-03-31 | $62.66B | 24.84% | $6.42 | 10.22B | $65.60B | $2.94B | $- |
| 1995-12-31 | $50.19B | -8.04% | $5.48 | 9.58B | $52.52B | $2.32B | $- |
| 1995-09-30 | $54.58B | -5.20% | $5.66 | 9.98B | $56.49B | $1.91B | $- |
| 1995-06-30 | $57.57B | 34.36% | $5.65 | 10.54B | $59.53B | $1.96B | $- |
| 1995-03-31 | $42.85B | 23.47% | $4.45 | 9.90B | $44.05B | $1.21B | $- |
| 1994-12-31 | $34.70B | 14.29% | $3.82 | 9.32B | $35.62B | $917.00M | $- |
| 1994-09-30 | $30.36B | -13.85% | $3.51 | 9.03B | $31.69B | $1.33B | $- |
| 1994-06-30 | $35.25B | 64.23% | $3.23 | 11.37B | $36.72B | $1.48B | $- |
| 1994-03-31 | $21.46B | -7.99% | $2.65 | 8.53B | $22.61B | $1.15B | $- |
| 1993-12-31 | $23.32B | -2.09% | $2.52 | 9.63B | $24.28B | $951.00M | $- |
| 1993-09-30 | $23.82B | -15.34% | $2.58 | 9.56B | $24.66B | $843.00M | $- |
| 1993-06-30 | $28.14B | 3.31% | $2.75 | 10.60B | $29.15B | $1.01B | $- |
| 1993-03-31 | $27.24B | 11.78% | $2.89 | 9.72B | $28.09B | $855.00M | $- |
| 1992-12-31 | $24.36B | 20.30% | $2.67 | 9.44B | $25.20B | $840.00M | $- |
| 1992-09-30 | $20.25B | 17.31% | $2.52 | 8.36B | $21.07B | $813.00M | $- |
| 1992-06-30 | $17.27B | -19.55% | $2.19 | 8.24B | $18.05B | $791.40M | $8.30M |
| 1992-03-31 | $21.46B | 8.78% | $2.47 | 8.94B | $22.08B | $632.40M | $11.70M |
| 1991-12-31 | $19.73B | 53.50% | $2.32 | 8.76B | $20.32B | $613.60M | $18.40M |
| 1991-09-30 | $12.85B | -4.81% | $1.85 | 7.20B | $13.32B | $486.90M | $19.30M |
| 1991-06-30 | $13.50B | 14.05% | $1.49 | 9.33B | $13.90B | $417.20M | $19.50M |
| 1991-03-31 | $11.84B | 56.05% | $1.48 | 8.25B | $12.21B | $396.80M | $20.60M |
| 1990-12-31 | $7.59B | -3.02% | $1.05 | 7.53B | $7.90B | $334.20M | $17.60M |
| 1990-09-30 | $7.82B | -5.12% | $0.9323 | 8.76B | $8.17B | $354.30M | $10.00M |
| 1990-06-30 | $8.25B | 49.06% | $1.06 | 8.00B | $8.48B | $246.30M | $6.50M |
| 1990-03-31 | $5.53B | 26.58% | $0.76911 | 7.52B | $5.78B | $258.90M | $6.60M |
| 1989-12-31 | $4.37B | 22.01% | $0.61633 | 7.45B | $4.59B | $231.30M | $9.50M |
| 1989-09-30 | $3.58B | - | $0.4757 | 7.91B | $3.76B | $209.50M | $27.50M |