MSFT
Microsoft Corporation
MSFT has a slight edge over TXN overall, supported by stronger valuation and lower modeled downside.
TXN
Texas Instruments Incorporated
TXN offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
TXN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Healthy |
TXN's revenue, profitability, cash flow and balance sheet are all currently healthy.
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 has the edge over TXN in the historical PE scenario, which offers more potential upside but is not a forecast.
TXN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $150 | -52% |
| Fair | 27x | $206 | -34% |
| Forward | 28x | $312 | — |
| Expensive | 36x | $276 | -12% |
| Current | 40x | $312 | — |
Historical ranges are pointers, not guarantees.
TXN's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 28x next year's earnings, in its fair range.
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.
TXN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
TXN has the edge over MSFT on the outlook, with more favorable profitability expectations.
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 TXN on earnings, with more consistent year-over-year improvement.
TXN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.25 | +46% |
| Q3 2026 | $7.72 | +41% |
| Q2 2026 | $6.58 | +20% |
| Q1 2026 | $5.85 | +11% |
| Q4 2025 | $5.45 | +4.8% |
| Q3 2025 | $5.48 | +1.7% |
| Q2 2025 | $5.47 | -5.2% |
| Q1 2025 | $5.28 | -18% |
| Q4 2024 | $5.20 | -26% |
TXN earned $7.72 per share over the past year, up 41% from the year before.
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 TXN 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 TXN on profitability, with a higher operating margin.
TXN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6.1B | +28% |
| Q2 2026 | $5.5B | +23% |
| Q1 2026 | $4.8B | +19% |
| Q4 2025 | $4.4B | +10% |
| Q3 2025 | $4.7B | +14% |
| Q2 2025 | $4.4B | +16% |
| Q1 2025 | $4.1B | +11% |
| Q4 2024 | $4B | -1.7% |
TXN's revenue has grown year over year for seven quarters in a row: $6.1B last quarter, up 28% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 47% | +12 points |
| Q2 2026 | 42% | +7.1 points |
| Q1 2026 | 37% | +4.9 points |
| Q4 2025 | 33% | -1.1 points |
| Q3 2025 | 35% | -2.4 points |
| Q2 2025 | 35% | +2.5 points |
| Q1 2025 | 33% | -2.6 points |
| Q4 2024 | 34% | -3.2 points |
TXN's operating margin was 47% last quarter, up 12 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.
TXN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3B | +198% |
| Q2 2026 | $2.2B | +294% |
| Q1 2026 | $844M | +$1.1B |
| Q4 2025 | $1.3B | +65% |
| Q3 2025 | $993M | +139% |
| Q2 2025 | $555M | +9.5% |
| Q1 2025 | -$274M | -$43M |
| Q4 2024 | $806M | +3.9% |
TXN 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 TXN 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.
TXN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +1M shares |
| 1 year | +0.8% | +7M shares |
| 3 years | +0.5% | +5M shares |
| 5 years | -1.6% | -15M shares |
| Available history | -3.3% | -31M shares |
TXN has 921M diluted shares, up 0.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $48M |
| Q2 2026 | $27M |
| Q1 2026 | $158M |
| Q4 2025 | $403M |
| Q3 2025 | $119M |
| Q2 2025 | $302M |
| Q1 2025 | $653M |
| Q4 2024 | $537M |
TXN spent $636M buying back its own shares over the past year, down 61% from the year before.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT has the edge over TXN on leverage, with a lower net debt burden relative to earnings.
TXN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.9x | Very low |
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 1.2x | Healthy |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 1.4x | Healthy |
| Q2 2025 | 1.5x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.5x | Healthy |
TXN's net debt is less than a year of its operating earnings (EBITDA), down from 1.4 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).
TXN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.6 | Neutral |
| Stochastic | 72.2 | Neutral |
TXN's weekly RSI is 61 (neutral) and its Stochastic is 72 (neutral).
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT has the edge over TXN on valuation relative to its sector.
TXN PE vs Technology Sector
| Metric | TXN | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 45% above |
| PE % | 92 | 35 | 57 pts above |
TXN is trading at 40x earnings, a 45% premium to the Technology sector's median of 28x.
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's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
TXN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $288.4 | 8.3% above |
| 20 week MA | $281.7 | 11% above |
| 50 week MA | $251.1 | 24% above |
| 100 week MA | $217.0 | 44% above |
| 200 week MA | $197.7 | 58% above |
TXN has the edge over MSFT on trend strength, trading above more of its moving averages.
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 finished higher in five of the last six years, two of them by more than 50%. It's up 7.2% so far in 2026.
TXN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $128.6 | $161.6 | +26% |
| 2021 | $161.6 | $187.4 | +16% |
| 2022 | $187.4 | $164.4 | -12% |
| 2023 | $164.4 | $170.5 | +3.7% |
| 2024 | $170.5 | $191.2 | +12% |
| 2025 | $191.2 | $176.9 | -7.5% |
| 2026 YTD | $176.9 | $312.5 | +77% |
TXN has the edge over MSFT on returns for 2026, with the stronger performance.