Amazon.com, Inc. (AMZN) vs Microsoft Corporation (MSFT)

A side-by-side comparison of Amazon.com, Inc. and Microsoft Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: AMZN is classified in Consumer Cyclical; MSFT is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAMZN vs MSFT

growth of $100 · dividends reinvested · last 10y
AMZN +562.0% (+20.8%/yr)MSFT +861.8% (+25.4%/yr)MSFT compounded faster over this window
2004006008001kStart $10020182020202220242026$662$962
AMZN MSFT

AMZN vs MSFT: by the numbers

  • MSFT is the larger company ($3.68T vs $2.76T market cap).
  • AMZN trades at the lower trailing earnings multiple (20.66 vs 27.61 P/E), one valuation lens rather than an overall verdict.
  • MSFT converts more revenue to profit (40.31% vs 17.44% net margin).
  • MSFT grew revenue faster over the past five years (14.57% vs 11.84% CAGR).
  • MSFT pays a dividend (0.74% yield), while AMZN has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAMZNMSFT
P/E ratio20.6627.61
Forward P/E20.2025.13
P/S ratio3.5611.09
P/B ratio5.018.32
EV / EBITDA17.2119.55
FCF yieldN/A1.82%

Profitability

MetricAMZNMSFT
Gross margin50.77%67.94%
Operating margin12.08%46.78%
Net margin17.44%40.31%
ROE24.52%30.23%
ROIC8.48%20.90%

Dividends

MetricAMZNMSFT
Dividend yieldN/A0.74%
Payout ratioN/A20.28%

Growth (annualized)

MetricAMZNMSFT
Revenue CAGR (5Y)11.84%14.57%
EPS CAGR (5Y)27.90%17.26%
FCF CAGR (5Y)-21.57%3.60%
Total return CAGR (5Y)7.75%11.66%

Frequently asked

Which has the lower trailing P/E, AMZN or MSFT?
AMZN has the lower trailing P/E: AMZN trades at 20.66 and MSFT at 27.61. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMZN or MSFT?
Over the past five years, MSFT grew revenue faster — AMZN at a 11.84% CAGR versus MSFT at 14.57%.
Does AMZN or MSFT pay a bigger dividend?
MSFT pays a dividend (0.74% yield), while AMZN has no payments in the available dividend history.
Is AMZN or MSFT more profitable?
MSFT runs the higher net margin — AMZN at 17.44% versus MSFT at 40.31%.
How have AMZN and MSFT total returns compared?
Over the past 10 years, AMZN delivered 20.81% and MSFT delivered 25.72% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.