How Does Microsoft Stock Stack Up Against Its Peers?

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Microsoft‘s stock delivered a modest 12-month return, but how does it truly stack up against peers thriving in the AI and cloud boom? As of January 21, 2026, a closer look reveals Microsoft‘s leading profitability, robust revenue growth, and a valuation comparable to mega-cap peers. Its dominant position in AI and cloud, with Azure maintaining a strong second place in market share and experiencing significant growth, continues to offer strong ongoing upside.

  • MSFT’s 46.3% operating margin leads peers, reflecting strong profitability from diversified software, cloud, and enterprise services.
  • MSFT’s 15.6% revenue growth, outpacing peers, is driven by strong Azure cloud adoption and enterprise software demand, fueled by AI.
  • MSFT stock gained 4.4% with a 31.5 PE, reflecting growth expectations, though AI momentum shifts occasionally favored GOOGL and AAPL.

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

  MSFT GOOGL AMZN AAPL ORCL CRM
Market Cap ($ Bil) 3,301.1 3,968.8 2,460.4 3,690.7 498.0 210.1
Revenue ($ Bil) 293.8 385.5 670.0 408.6 61.0 40.3
PE Ratio 31.5 31.9 34.8 37.2 32.3 29.1
LTM Revenue Growth 15.6% 13.4% 10.9% 6.0% 11.1% 8.4%
LTM Operating Margin 46.3% 32.2% 11.4% 31.9% 31.9% 22.0%
LTM FCF Margin 26.6% 19.1% 2.0% 23.5% -21.6% 32.0%
12M Market Return 4.4% 66.5% 0.3% 11.7% 1.8% -31.8%

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%  
GOOGL 13.4% 13.9% 8.7% 9.8%
AMZN 10.9% 11.0% 11.8% 9.4%
AAPL 6.0% 2.0% -2.8% 7.8%
ORCL 11.1% 8.4% 6.0% 17.7%  
CRM 8.4% 8.7% 11.2% 18.3%  

Operating Margin Comparison

  LTM 2025 2024 2023 2022
MSFT 46.3% 45.6% 44.6% 41.8%  
GOOGL 32.2% 32.1% 27.4% 26.5%
AMZN 11.4% 10.8% 6.4% 2.4%
AAPL 31.9% 31.5% 29.8% 30.3%
ORCL 31.9% 31.5% 30.3% 27.6%  
CRM 22.0% 20.2% 17.2% 5.9%  

PE Ratio Comparison

  LTM 2025 2024 2023 2022
MSFT 31.5 35.3 35.5 38.7  
GOOGL 31.9 38.5 32.4 30.4
AMZN 34.8 40.8 74.3 -568.7
AAPL 37.2 44.5 40.6 31.3
ORCL 32.3 43.7 43.7 33.4  
CRM 29.1 41.1 78.7 1255.0  

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