MICROSOFT CORPORATION (MSFT) Return on equity 2017–2026
MICROSOFT CORPORATION (MSFT) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
30.2%FY2026 · since FY2017: 29.1% → 30.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 30.2% | +0.6 pp |
| FY2025 | 29.6% | -3.2 pp |
| FY2024 | 32.8% | -2.3 pp |
| FY2023 | 35.1% | -8.6 pp |
| FY2022 | 43.7% | +0.5 pp |
| FY2021 | 43.2% | +5.7 pp |
| FY2020 | 37.4% | -0.9 pp |
| FY2019 | 38.3% | +18.3 pp |
| FY2018 | 20.0% | -9.0 pp |
| FY2017 | 29.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice