Apple vs Microsoft AAPL vs MSFT
Apple and Microsoft on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
What differs most
- Debt / equity: Apple 0.8×, Microsoft 0.1×.
- Return on equity: Apple 119.9%, Microsoft 32.3%.
- One-year price return: Apple +38.8%, Microsoft +3.4%.
- Net margin: Microsoft 40.3%, Apple 27.6%.
Price return
2025-10-16 → 2026-10-16
AAPL+38.8%
MSFT+3.4%
Profile
latestSector
Technology
Technology
Industry
Consumer Electronics
Software - Infrastructure
Market value
$5.01T
$3.93T
Enterprise value
$5.06T
$3.94T
Employees
166,000
223,000
Revenue per employee (TTM)
$2.8M
$1.5M
Our models
nightlythe valuation on each stock's pagePrice vs model
114% overvalued vs model
10% overvalued vs model
Model range
$109–322
$322–954
Models in the headline
1
1
FCF growth priced in, at a 10% return
27.3%
30.1%
Every model, its assumptions and its range: AAPL valuation · MSFT valuation. The growth priced in, at any return: AAPL reverse DCF · MSFT reverse DCF.
Trading
close 2026-10-16Last close
$343.46
$529.05
52-week high
$343.46
$543.45
52-week low
$246.63
$356.76
Price vs 52-week high
0.0%
−2.6%
Price vs 52-week low
+39.3%
+48.3%
Average daily volume / shares
0.3%
0.4%
Beta
1.07
1.10
Returns
to 2026-10-161 month
+3.3%
+7.9%
3 months
+3.1%
+31.9%
6 months
+30.4%
+25.9%
Year to date
+26.3%
+9.4%
1 year
+38.8%
+3.4%
1 year, dividends added
+39.2%
+4.1%
2 years
+48.2%
+27.1%
Valuation
AAPL price × TTM to Jun 2026 · MSFT price × FY2026P/E (TTM)
39.4×
29.5×
P/E on consensus EPS (next FY)
38.9×
26.8×
Price / sales
10.7×
11.8×
EV / sales
10.8×
11.9×
EV / EBITDA
—
20.3×
Price / book
46.6×
9.5×
Price / free cash flow (FY)
50.8×
58.6×
Free-cash-flow yield (FY)
2.0%
1.7%
Growth
AAPL TTM and FY2025 · MSFT TTM and FY2026Revenue growth (TTM)
—
+4.3%
Revenue growth, consensus next FY
+14.8%
+17.8%
Revenue, 3-year CAGR
1.8%
16.1%
Revenue, 5-year CAGR
8.7%
14.6%
EPS growth (TTM)
—
+6.8%
EPS growth, consensus next FY
+18.4%
+10.0%
EPS, 3-year CAGR
6.9%
22.9%
Free cash flow, 3-year CAGR
−3.9%
4.0%
Diluted shares, 3-year change
−8.1%
−0.3%
Profitability
AAPL TTM to Jun 2026 · MSFT FY2026Gross margin (FY)†
46.9%
67.9%
Operating margin
33.2%
46.8%
EBITDA margin
—
58.5%
Net margin
27.6%
40.3%
Free-cash-flow margin (FY)
23.7%
20.2%
Return on equity
119.9%
32.3%
Return on assets
33.6%
19.3%
Asset turnover
1.22
0.48
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
AAPL MRQ Jun 2026 · MSFT MRQ Mar 2026Cash
$39.54B
$32.10B
Total debt
$84.34B
$40.26B
Net debt
$44.80B
$8.16B
Debt / equity
0.8×
0.1×
Net debt / EBITDA (TTM)
—
0.0×
Interest coverage (FY)
0.0×
50.9×
Current ratio (FY)
0.89
1.23
Dividends
trailing 12 monthsDividend yield
0.3%
0.7%
Dividends per share
$1.06
$3.64
Payout ratio (of TTM EPS)
12.2%
20.3%
Dividend per share, 5-year CAGR
4.5%
10.2%
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
24
39
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$91.5M
$24.7M
Analyst upgrades
2
1
Analyst downgrades
2
0
Statements
AAPL income TTM to Jun 2026 · cash flow FY2025 · MSFT income FY2026 · cash flow FY2026Revenue
$466.82B
$331.84B
EBITDA
—
$194.24B
Operating income
$154.86B
$155.24B
Net income
$128.93B
$133.75B
EPS (diluted)
$8.71
$17.95
Operating cash flow
$111.48B
$182.94B
Capital expenditure
−$12.71B
−$115.95B
Free cash flow
$98.77B
$66.99B
Dividends paid
$15.42B
$26.45B
Keep comparing
Apple against
Statements from the companies' SEC filings; prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.