Microsoft Corporation (MSFT)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 281,724,000 | 270,010,000 | 261,802,000 | 254,190,000 | 245,122,000 | 236,584,000 | 227,583,000 | 218,310,000 | 211,915,000 | 207,591,000 | 204,094,000 | 203,075,000 | 198,270,000 | 192,557,000 | 184,903,000 | 176,251,000 | 168,088,000 | 159,969,000 | 153,284,000 | 147,114,000 |
| Total assets | US$ in thousands | 619,003,000 | 562,624,000 | 533,898,000 | 523,013,000 | 512,163,000 | 484,275,000 | 470,558,000 | 445,785,000 | 411,976,000 | 380,088,000 | 364,552,000 | 359,784,000 | 364,840,000 | 344,607,000 | 340,389,000 | 335,418,000 | 333,779,000 | 308,879,000 | 304,137,000 | 301,001,000 |
| Total asset turnover | 0.46 | 0.48 | 0.49 | 0.49 | 0.48 | 0.49 | 0.48 | 0.49 | 0.51 | 0.55 | 0.56 | 0.56 | 0.54 | 0.56 | 0.54 | 0.53 | 0.50 | 0.52 | 0.50 | 0.49 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $281,724,000K ÷ $619,003,000K
= 0.46
The total asset turnover ratio for Microsoft Corporation demonstrates a pattern of moderate fluctuations over the analyzed period from September 2020 through June 2025. Initially, the ratio increased gradually from 0.49 at the end of September 2020 to a peak of 0.56 in March 2022, indicating an improved efficiency in generating revenue from the company’s total assets during this period. This upward trend suggests that Microsoft was utilizing its asset base more effectively to generate sales, reflecting potentially increased operational leverage or improved asset management.
Subsequently, the ratio experienced a slight decline, stabilizing around 0.54 to 0.56 from March 2022 through December 2022. This stability indicates a period of maintained efficiency in asset utilization, with no significant change in how effectively assets translated into sales. Moving into 2023 and beyond, the ratio gradually declined further, reaching approximately 0.48 to 0.46 by mid-2025. This downward trend may suggest some deterioration in asset utilization efficiency or increased investment in assets not immediately translating into proportionate revenue gains.
Throughout this period, the ratio remained within a relatively narrow range, reflecting a balanced approach to asset utilization consistent with the company's operations in the technology sector. The fluctuations and gradual decline suggest that while Microsoft has maintained stable revenue generation relative to its asset base, there may be underlying shifts in operational dynamics or strategic asset deployment impacting overall efficiency over time.
Peer comparison
Jun 30, 2025