Amazon vs Microsoft AMZN vs MSFT
Amazon 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
- Free-cash-flow yield: Microsoft 1.7%, Amazon 0.3%.
- Operating margin: Microsoft 46.8%, Amazon 12.1%.
- Price / sales: Microsoft 11.8×, Amazon 3.5×.
- Debt / equity: Amazon 0.2×, Microsoft 0.1×.
- Amazon paid no dividend in the last twelve months.
Price return
2025-10-16 → 2026-10-16
AMZN+16.6%
MSFT+3.4%
Profile
latestSector
Consumer Cyclical
Technology
Industry
Specialty Retail
Software - Infrastructure
Market value
$2.70T
$3.93T
Enterprise value
$2.75T
$3.94T
Employees
1,576,000
223,000
Revenue per employee (TTM)
$492K
$1.5M
Our models
nightlythe valuation on each stock's pagePrice vs model
182% overvalued vs model
10% overvalued vs model
Model range
$60.82–162
$322–954
Models in the headline
1
1
FCF growth priced in, at a 10% return
69.2%
30.1%
Every model, its assumptions and its range: AMZN valuation · MSFT valuation. The growth priced in, at any return: AMZN reverse DCF · MSFT reverse DCF.
Trading
close 2026-10-16Last close
$250.00
$529.05
52-week high
$284.02
$543.45
52-week low
$198.79
$356.76
Price vs 52-week high
−12.0%
−2.6%
Price vs 52-week low
+25.8%
+48.3%
Average daily volume / shares
0.4%
0.4%
Beta
1.46
1.10
Returns
to 2026-10-161 month
+1.6%
+7.9%
3 months
0.0%
+31.9%
6 months
+0.1%
+25.9%
Year to date
+8.3%
+9.4%
1 year
+16.6%
+3.4%
1 year, dividends added
+16.6%
+4.1%
2 years
+33.8%
+27.1%
Valuation
AMZN price × TTM to Jun 2026 · MSFT price × FY2026P/E (TTM)
20.1×
29.5×
P/E on consensus EPS (next FY)
19.6×
26.8×
Price / sales
3.5×
11.8×
EV / sales
3.5×
11.9×
EV / EBITDA
14.6×
20.3×
Price / book
4.9×
9.5×
Price / free cash flow (FY)
350.4×
58.6×
Free-cash-flow yield (FY)
0.3%
1.7%
Growth
AMZN TTM and FY2025 · MSFT TTM and FY2026Revenue growth (TTM)
—
+4.3%
Revenue growth, consensus next FY
+15.6%
+17.8%
Revenue, 3-year CAGR
11.7%
16.1%
Revenue, 5-year CAGR
13.2%
14.6%
EPS growth (TTM)
—
+6.8%
EPS growth, consensus next FY
+78.3%
+10.0%
EPS, 3-year CAGR
—
22.9%
Free cash flow, 3-year CAGR
—
4.0%
Diluted shares, 3-year change
+6.3%
−0.3%
Profitability
AMZN TTM to Jun 2026 · MSFT FY2026Gross margin (FY)†
50.3%
67.9%
Operating margin
12.1%
46.8%
EBITDA margin
24.3%
58.5%
Net margin
17.4%
40.3%
Free-cash-flow margin (FY)
1.1%
20.2%
Return on equity
24.5%
32.3%
Return on assets
12.3%
19.3%
Asset turnover
0.71
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
AMZN MRQ Jun 2026 · MSFT MRQ Mar 2026Cash
$78.21B
$32.10B
Total debt
$132.55B
$40.26B
Net debt
$54.34B
$8.16B
Debt / equity
0.2×
0.1×
Net debt / EBITDA (TTM)
0.3×
0.0×
Interest coverage (FY)
35.2×
50.9×
Current ratio (FY)
1.05
1.23
Dividends
trailing 12 monthsDividend yield
0.0%
0.7%
Dividends per share
$0.00
$3.64
Payout ratio (of TTM EPS)
—
20.3%
Dividend per share, 5-year CAGR
—
10.2%
Frequency
—
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
37
39
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$15.1M
$24.7M
Analyst upgrades
0
1
Analyst downgrades
0
0
Statements
AMZN income TTM to Jun 2026 · cash flow FY2025 · MSFT income FY2026 · cash flow FY2026Revenue
$775.68B
$331.84B
EBITDA
$188.52B
$194.24B
Operating income
$93.71B
$155.24B
Net income
$135.28B
$133.75B
EPS (diluted)
$12.43
$17.95
Operating cash flow
$139.51B
$182.94B
Capital expenditure
−$131.82B
−$115.95B
Free cash flow
$7.70B
$66.99B
Dividends paid
$0
$26.45B
Keep comparing
Amazon 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.