How Does Microsoft Stock Stack Up Against Its Peers?

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Microsoft‘s stock has posted solid returns over the past year, but how does it truly stack up against peers driving the cloud and AI boom as of 11/17/2025? A closer look reveals MSFT’s industry-leading profitability, with strong operating and FCF margins. Its revenue growth remains solid, supporting a moderate-to-premium valuation, yet potential upside may be constrained if growth-focused pure-plays continue to garner investor momentum.

  • MSFT’s 46.3% operating margin is peer-leading, fueled by high-margin cloud services like Azure and premium AI offerings like Copilot.
  • MSFT’s 15.6% revenue growth, outpacing AAPL, GOOGL, AMZN, is strongly driven by robust Azure cloud adoption and surging AI services demand.
  • MSFT’s stock gained 23.2%, trading at a 36.0 PE reflecting strong AI/cloud growth, though GOOGL saw stronger returns due to its own AI advancements.

Here’s how Microsoft stacks up across size, valuation, and profitability versus key peers.

  MSFT AAPL GOOGL AMZN GEN S
Market Cap ($ Bil) 3,772.2 3,985.9 3,444.8 2,477.0 16.1 5.3
Revenue ($ Bil) 293.8 408.6 385.5 670.0 4.5 0.9
PE Ratio 36.0 40.1 27.7 35.1 28.2 -12.5
LTM Revenue Growth 15.6% 6.0% 13.4% 10.9% 16.2% 25.4%
LTM Operating Margin 46.3% 31.9% 32.2% 11.4% 37.9% -36.2%
LTM FCF Margin 26.6% 23.5% 19.1% 2.0% 29.1% 1.8%
12M Market Return 23.2% 19.4% 66.0% 14.9% -9.7% -38.1%

For more details on Microsoft, read Buy or Sell MSFT Stock. Below we compare MSFT’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2025 2024 2023 2022
MSFT 15.6% 14.9% 15.7% 6.9%  
AAPL 6.0% 2.0% -2.8% 7.8%
GOOGL 13.4% 13.9% 8.7% 9.8%
AMZN 10.9% 11.0% 11.8% 9.4%
GEN 16.2% 3.6% 14.6% 18.6%  
S 25.4% 32.2% 47.1% 106.1%  

Operating Margin Comparison

  LTM 2025 2024 2023 2022
MSFT 46.3% 45.6% 44.6% 41.8%  
AAPL 31.9% 31.5% 29.8% 30.3%
GOOGL 32.2% 32.1% 27.4% 26.5%
AMZN 11.4% 10.8% 6.4% 2.4%
GEN 37.9% 41.2% 30.7% 38.4%  
S -36.2% -40.1% -59.8% -95.4%  

PE Ratio Comparison

  LTM 2025 2024 2023 2022
MSFT 36.0 30.8 31.7 24.7  
AAPL 40.1 41.0 31.3 21.1
GOOGL 27.7 23.3 23.9 19.2
AMZN 35.1 38.8 51.5 -314.4
GEN 28.2 26.3 23.9 9.9  
S -12.5 -24.2 -23.9 -10.7  

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