<p>在当今快速变化和竞争激烈的商业环境中，投资者和行业爱好者必须对公司进行深入分析。本文将对软件行业中的 <strong>微软 (NASDAQ:MSFT)</strong> 进行全面的行业比较，评估其与主要竞争对手的表现。通过考察关键财务指标、市场地位和增长前景，我们旨在为投资者提供有价值的见解，并揭示公司在行业中的表现。</p>
<h3>微软背景</h3>
<p>微软开发和许可消费类及企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。公司分为三个规模相当的广泛部门：生产力与业务流程（传统的 Microsoft Office、基于云的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能云（基础设施和平台即服务产品 Azure、Windows Server 操作系统、SQL Server）以及更个人化的计算（Windows 客户端、Xbox、Bing 搜索、展示广告，以及 Surface 笔记本、平板和台式机）。</p>
<p>在对微软进行详细分析时，以下趋势变得清晰：</p>
<ul>
<li>微软的市盈率为 37.46，低于行业平均水平 0.28 倍，显示出合理价格下的增长潜力，使其成为市场参与者的一个有趣选择。</li>
<li>市净率为 11.06，显著低于行业平均水平 0.8 倍，暗示被低估和潜在的未开发增长前景。</li>
<li>相对较低的市销率为 13.54，仅为行业平均水平的 0.75 倍，基于销售表现，该股票可能被视为被低估。</li>
<li>公司的股本回报率（ROE）为 8.19%，高于行业平均水平 1.13%。这表明公司有效利用股本来产生利润，展现出盈利能力和增长潜力。</li>
<li>与行业相比，公司息税折旧摊销前利润（EBITDA）为 444.3 亿美元，高于行业平均水平 56.96 倍，表明更强的盈利能力和稳健的现金流生成。</li>
<li>毛利润为 524.3 亿美元，是行业水平的 34.72 倍，突显出更强的盈利能力和核心业务的高收益。</li>
<li>收入增长率为 18.1%，远低于行业平均水平 64.8%，公司在销售扩展方面正经历显著放缓。</li>
</ul>
<h3>债务与股本比率</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1760367626_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1760367626_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw"/></p>
<p>债务与股本比率（D/E）通过评估公司的债务与股本的关系来衡量公司的财务杠杆。</p>
<p>在行业比较中考虑债务与股本比率，可以简洁地评估公司的财务健康状况和风险特征，帮助做出明智的决策。</p>
<p>通过将微软与其在债务与股本比率方面的前四大同行进行比较，得出以下观察结果：</p>
<ul>
<li>在债务与股本比率的比较中，微软的财务状况优于其前四大同行。</li>
<li>公司的债务相对于股本的水平较低，表明两者之间的平衡更为有利，债务与股本比率为 0.18。</li>
</ul>
<h3>关键要点</h3>
<p>对于软件行业中的微软而言，其市盈率、市净率和市销率均低于同行，表明潜在的被低估。另一方面，微软的高 ROE、EBITDA 和毛利润则表明其强大的盈利能力和运营效率。然而，低收入增长率可能引发对未来表现的担忧，相较于行业同行。</p>
<p><em>本文由 Benzinga 的自动内容引擎生成，并由编辑审核。</em></p>

微软

2 倍做多 MSFT ETF - GraniteShares

MSFO

微软每日 1 倍做空 ETF - Direxion

微软每日 2 倍做多 ETF - Direxion

MSFX

MSFY

<p>本文分析了微软在软件行业的表现，并与主要竞争对手进行了比较。关键财务指标显示出潜在的低估，市盈率为 37.46，市净率为 11.06，市销率较低，为 13.54。微软展现出强劲的盈利能力，股本回报率为 8.19%，息税折旧摊销前利润（EBITDA）为 444.3 亿美元，但面临挑战，收入增长率为 18.1%，显著低于行业平均水平。该公司维持了 0.18 的良好债务股本比率，表明其财务健康状况良好</p>

<p>In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating <strong>Microsoft (NASDAQ:MSFT)</strong> against its key competitors in the Software industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.</p>
<div class="lb-trans"><p>在当今快速变化和竞争激烈的商业环境中，投资者和行业爱好者必须对公司进行深入分析。本文将对软件行业中的 <strong>微软 (NASDAQ:MSFT)</strong> 进行全面的行业比较，评估其与主要竞争对手的表现。通过考察关键财务指标、市场地位和增长前景，我们旨在为投资者提供有价值的见解，并揭示公司在行业中的表现。</p>
</div><h3>Microsoft Background</h3>
<div class="lb-trans"><h3>微软背景</h3>
</div><p>Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).</p>
<div class="lb-trans"><p>微软开发和许可消费类及企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。公司分为三个规模相当的广泛部门：生产力与业务流程（传统的 Microsoft Office、基于云的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能云（基础设施和平台即服务产品 Azure、Windows Server 操作系统、SQL Server）以及更个人化的计算（Windows 客户端、Xbox、Bing 搜索、展示广告，以及 Surface 笔记本、平板和台式机）。</p>
</div><p>When conducting a detailed analysis of Microsoft, the following trends become clear:</p>
<div class="lb-trans"><p>在对微软进行详细分析时，以下趋势变得清晰：</p>
</div><ul>
<li>With a Price to Earnings ratio of 37.46, which is 0.28x less than the industry average, the stock shows potential for growth at a reasonable price, making it an interesting consideration for market participants.</li>
<li>With a Price to Book ratio of 11.06, significantly falling below the industry average by 0.8x, it suggests undervaluation and the possibility of untapped growth prospects.</li>
<li>With a relatively low Price to Sales ratio of 13.54, which is 0.75x the industry average, the stock might be considered undervalued based on sales performance.</li>
<li>The company has a higher Return on Equity (ROE) of 8.19%, which is 1.13% above the industry average. This suggests efficient use of equity to generate profits and demonstrates profitability and growth potential.</li>
<li>Compared to its industry, the company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $44.43 Billion, which is 56.96x above the industry average, indicating stronger profitability and robust cash flow generation.</li>
<li>The gross profit of $52.43 Billion is 34.72x above that of its industry, highlighting stronger profitability and higher earnings from its core operations.</li>
<li>With a revenue growth of 18.1%, which is much lower than the industry average of 64.8%, the company is experiencing a notable slowdown in sales expansion.</li>
</ul>
<div class="lb-trans"><ul>
<li>微软的市盈率为 37.46，低于行业平均水平 0.28 倍，显示出合理价格下的增长潜力，使其成为市场参与者的一个有趣选择。</li>
<li>市净率为 11.06，显著低于行业平均水平 0.8 倍，暗示被低估和潜在的未开发增长前景。</li>
<li>相对较低的市销率为 13.54，仅为行业平均水平的 0.75 倍，基于销售表现，该股票可能被视为被低估。</li>
<li>公司的股本回报率（ROE）为 8.19%，高于行业平均水平 1.13%。这表明公司有效利用股本来产生利润，展现出盈利能力和增长潜力。</li>
<li>与行业相比，公司息税折旧摊销前利润（EBITDA）为 444.3 亿美元，高于行业平均水平 56.96 倍，表明更强的盈利能力和稳健的现金流生成。</li>
<li>毛利润为 524.3 亿美元，是行业水平的 34.72 倍，突显出更强的盈利能力和核心业务的高收益。</li>
<li>收入增长率为 18.1%，远低于行业平均水平 64.8%，公司在销售扩展方面正经历显著放缓。</li>
</ul>
</div><h3>Debt To Equity Ratio</h3>
<div class="lb-trans"><h3>债务与股本比率</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1760367626_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw" alt="" original-src="https://www.benzinga.com/files/images/story/2025/1760367626_0.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=1080"/></p>
<p>The debt-to-equity (D/E) ratio measures the financial leverage of a company by evaluating its debt relative to its equity.</p>
<div class="lb-trans"><p>债务与股本比率（D/E）通过评估公司的债务与股本的关系来衡量公司的财务杠杆。</p>
</div><p>Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.</p>
<div class="lb-trans"><p>在行业比较中考虑债务与股本比率，可以简洁地评估公司的财务健康状况和风险特征，帮助做出明智的决策。</p>
</div><p>By evaluating Microsoft against its top 4 peers in terms of the Debt-to-Equity ratio, the following observations arise:</p>
<div class="lb-trans"><p>通过将微软与其在债务与股本比率方面的前四大同行进行比较，得出以下观察结果：</p>
</div><ul>
<li>When comparing the debt-to-equity ratio, Microsoft is in a stronger financial position compared to its top 4 peers.</li>
<li>The company has a lower level of debt relative to its equity, indicating a more favorable balance between the two with a lower debt-to-equity ratio of 0.18.</li>
</ul>
<div class="lb-trans"><ul>
<li>在债务与股本比率的比较中，微软的财务状况优于其前四大同行。</li>
<li>公司的债务相对于股本的水平较低，表明两者之间的平衡更为有利，债务与股本比率为 0.18。</li>
</ul>
</div><h3>Key Takeaways</h3>
<div class="lb-trans"><h3>关键要点</h3>
</div><p>For Microsoft in the Software industry, the PE, PB, and PS ratios are all low compared to peers, indicating potential undervaluation. On the other hand, Microsoft's high ROE, EBITDA, and gross profit suggest strong profitability and operational efficiency. However, the low revenue growth rate may raise concerns about future performance compared to industry peers.</p>
<div class="lb-trans"><p>对于软件行业中的微软而言，其市盈率、市净率和市销率均低于同行，表明潜在的被低估。另一方面，微软的高 ROE、EBITDA 和毛利润则表明其强大的盈利能力和运营效率。然而，低收入增长率可能引发对未来表现的担忧，相较于行业同行。</p>
</div><p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>
<div class="lb-trans"><p><em>本文由 Benzinga 的自动内容引擎生成，并由编辑审核。</em></p>
</div>

Assessing Microsoft's Performance Against Competitors In Software Industry

- 微软在软件行业的市盈率、账面价值比和销售比均低于同行，显示出潜在低估。  
- 公司的高股本回报率、EBITDA 和毛利润表明其盈利能力和运营效率强劲。  
- 然而，较低的收入增长率可能引发对未来表现的担忧。  

评估微软在软件行业中相较于竞争对手的表现