All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

MSFT: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

MSFT real return snapshot: after CPI-U inflation, MSFT returned −25.37% over the past year and −20.94% YTD, with dividends reinvested. Since Mar. 13, 1986, MSFT is up +216,730.86% in real purchasing-power return, or +20.96%/yr, and is currently −29.24% below its real total-return high on Oct. 28, 2025.

Data ending Tue Jul. 28, 2026

Growth of $10,000

Thu 1986-03-13💬 to Tue 2026-07-28 Overall
Return
Exponential
Trendline
MSFT
×
+216,730.86%
+20.96%/yr
+16.17%/yr
R2=0.859
Microsoft Corporation NASDAQ Common Stock

Growth of $10,000 Summary

Thu 1986-03-13💬 to Tue 2026-07-28 Start
Value
End
Value
MSFT
×
$10,000.00
1986-03-13
$21,683,086.15
2026-07-28

This Year’s Performance

through 2026-07-28

  YTD YoY
MSFT
×
−20.94% −25.37%

Drawdowns

  Current
Drawdown
Worst
Drawdown
MSFT
×
−29.24%
on 2026-07-28
from 2025-10-28 peak
−75.74%
on 2009-03-09
from 1999-12-27 peak

Rolling Returns

Period ending Tue 2026-07-28 1 yr 2 yr 3 yr 5 yr 10 yr
MSFT
×
−25.37% −11.77%
−6.07%/yr
+8.61%
+2.79%/yr
+16.69%
+3.14%/yr
+468.87%
+18.99%/yr

Annual Returns

Year MSFT
2026 (YTD) −20.94%
2025 +12.57%
2024 +9.76%
2023 +53.07%
2022 −32.40%
2021 +42.45%
2020 +40.62%
2019 +54.04%
2018 +18.54%
2017 +37.82%
2016 +12.74%
2015 +21.80%
2014 +26.61%
2013 +42.16%
2012 +3.98%
2011 −7.27%
2010 −7.90%
2009 +56.22%
2008 −44.44%
2007 +16.09%
2006 +12.99%
2005 −4.22%
2004 +5.69%
2003 +4.85%
2002 −23.77%
2001 +50.41%
2000 −64.07%
1999 +63.96%
1998 +111.20%
1997 +53.81%
1996 +82.27%
1995 +40.00%
1994 +47.68%
1993 −8.10%
1992 +11.87%
1991 +115.18%
1990 +63.01%
1989 +56.16%
1988 −5.98%
1987 +115.28%
1986 +70.22%