MSFT
Microsoft Corporation
MSFT has the edge over TTEC overall, supported by stronger fundamentals and lower modeled downside.
TTEC
TTEC Holdings, Inc.
TTEC's outlook is improving, though it still trails on the overall score.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
TTEC Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Stable | |
| Weak |
TTEC's cash flow is currently stable, but its revenue, profitability and balance sheet are under pressure.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT's PE is in its cheap range at 27x. If earnings grow as analysts expect, today's price would be 25x next year's earnings.
TTEC PE Valuation
TTEC has no meaningful PE right now: it lost money over the past year.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
TTEC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect TTEC's earnings to grow and its profitability to improve, with its revenue holding steady.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT has the edge over TTEC on earnings quality, reporting a profit while its opponent remains loss making.
TTEC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.22 | — |
| Q3 2026 | -$4.14 | -$3.76 |
| Q2 2026 | -$4.32 | -$3.78 |
| Q1 2026 | -$4.18 | +$2.48 |
| Q4 2025 | -$3.99 | +$2.75 |
| Q3 2025 | -$0.38 | +$6.61 |
| Q2 2025 | -$0.54 | +$6.04 |
| Q1 2025 | -$6.66 | -$6.40 |
| Q4 2024 | -$6.74 | -3844% |
TTEC is still losing money, but less than at its worst: $4.14 per share over the past year, against $6.99 at its worst in late 2024.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over TTEC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over TTEC on profitability, with a higher operating margin.
TTEC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $492.2M | -5.2% |
| Q2 2026 | $455.5M | -11% |
| Q1 2026 | $496.2M | -7.1% |
| Q4 2025 | $570M | +0.4% |
| Q3 2025 | $519.1M | -1.9% |
| Q2 2025 | $513.6M | -3.8% |
| Q1 2025 | $534.2M | -7.4% |
| Q4 2024 | $567.4M | -9.4% |
TTEC's revenue has slid since its 2022 peak: $492M last quarter, down 5.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.7% | +2.4 points |
| Q2 2026 | 2.4% | -1.3 points |
| Q1 2026 | 3.7% | -0.8 points |
| Q4 2025 | -30% | -33 points |
| Q3 2025 | 2.4% | -0.1 points |
| Q2 2025 | 3.7% | +46 points |
| Q1 2025 | 4.5% | +0.6 points |
| Q4 2024 | 2.7% | 0 points |
TTEC's operating margin was 4.7% last quarter, up 2.4 points from the same quarter a year ago.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
TTEC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $27.9M | +$37.5M |
| Q2 2026 | $38.7M | -55% |
| Q1 2026 | $21.1M | +31% |
| Q4 2025 | -$9.2M | +$636K |
| Q3 2025 | -$9.6M | +$90.6M |
| Q2 2025 | $85.5M | +144% |
| Q1 2025 | $16.2M | +$45.3M |
| Q4 2024 | -$9.8M | -153% |
TTEC has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has the edge over TTEC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
TTEC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +419K shares |
| 1 year | +1.7% | +833K shares |
| 3 years | +3.8% | +1.8M shares |
| 5 years | +4.1% | +1.9M shares |
| Available history | +5.3% | +2.5M shares |
TTEC has 49M diluted shares, up 1.7% from a year ago.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
TTEC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 5.0x | High |
| Q2 2025 | 4.9x | High |
| Q1 2024 | 4.4x | High |
| Q4 2023 | 3.8x | Elevated |
| Q3 2023 | 3.2x | Elevated |
| Q2 2023 | 3.0x | Moderate |
| Q1 2023 | 2.8x | Moderate |
| Q4 2022 | 2.9x | Moderate |
TTEC's net debt is about 5.0 years of its operating earnings (EBITDA), up from 3.1 years a year ago.
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
TTEC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.4 | Neutral |
| Stochastic | 44.8 | Neutral |
TTEC's weekly RSI is 64 (neutral) and its Stochastic is 45 (neutral).
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.
TTEC PE vs Technology Sector
| Metric | TTEC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
TTEC has no meaningful PE right now: it lost money over the past year.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT has the edge over TTEC on trend strength, trading above more of its moving averages.
TTEC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.64 | 80% above |
| 20 week MA | $1.75 | 69% above |
| 50 week MA | $2.42 | 22% above |
| 100 week MA | $3.22 | 8.1% below |
| 200 week MA | $11.7 | 75% below |
TTEC has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 75% below its 200-week average.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has the edge over TTEC on returns for 2026, with the stronger performance.
TTEC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $38.2 | $77.0 | +101% |
| 2021 | $77.0 | $92.1 | +20% |
| 2022 | $92.1 | $44.0 | -52% |
| 2023 | $44.0 | $21.7 | -51% |
| 2024 | $21.7 | $4.90 | -77% |
| 2025 | $4.90 | $3.57 | -27% |
| 2026 YTD | $3.57 | $2.96 | -17% |
TTEC has finished four years in a row lower, and it's down 17% so far in 2026.