<p>在当今快速变化和竞争激烈的商业环境中，进行全面的公司分析对于投资者和行业爱好者至关重要。在本文中，我们将深入探讨一个广泛的行业比较，评估 <strong>微软 (NASDAQ: MSFT)</strong> 与其在软件行业的主要竞争对手的比较。通过分析关键的财务指标、市场地位和增长潜力，我们的目标是为投资者提供有价值的见解，并深入了解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和企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。该公司分为三个规模相当的广泛部门：生产力和业务流程（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）以及更多个人计算（Windows 客户端、Xbox、Bing 搜索、展示广告以及 Surface 笔记本电脑、平板电脑和台式机）。</p>
<table>
<thead>
<tr>
<th><strong>公司</strong></th>
<th><strong>市盈率 (P/E)</strong></th>
<th><strong>市净率 (P/B)</strong></th>
<th><strong>市销率 (P/S)</strong></th>
<th><strong>净资产收益率 (ROE)</strong></th>
<th><strong>息税折旧摊销前利润 (EBITDA)（十亿美元）</strong></th>
<th><strong>毛利润（十亿美元）</strong></th>
<th><strong>收入增长</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>微软公司</td>
<td>33.77</td>
<td>9.72</td>
<td>12.06</td>
<td>7.85%</td>
<td>$48.06</td>
<td>$53.63</td>
<td>18.43%</td>
</tr>
<tr>
<td>甲骨文公司</td>
<td>34.76</td>
<td>17.74</td>
<td>8.77</td>
<td>22.68%</td>
<td>$9.51</td>
<td>$10.68</td>
<td>14.22%</td>
</tr>
<tr>
<td>ServiceNow 公司</td>
<td>92.53</td>
<td>14.05</td>
<td>12.65</td>
<td>4.52%</td>
<td>$0.89</td>
<td>$2.63</td>
<td>21.81%</td>
</tr>
<tr>
<td>Palo Alto Networks 公司</td>
<td>117.65</td>
<td>14.95</td>
<td>13.80</td>
<td>4.05%</td>
<td>$0.5</td>
<td>$1.84</td>
<td>15.66%</td>
</tr>
<tr>
<td>Fortinet 公司</td>
<td>33.55</td>
<td>82.47</td>
<td>9.59</td>
<td>33.9%</td>
<td>$0.64</td>
<td>$1.39</td>
<td>14.38%</td>
</tr>
<tr>
<td>Gen Digital 公司</td>
<td>30.21</td>
<td>6.90</td>
<td>3.84</td>
<td>5.56%</td>
<td>$0.5</td>
<td>$0.95</td>
<td>25.26%</td>
</tr>
<tr>
<td>UiPath 公司</td>
<td>38.48</td>
<td>4.49</td>
<td>5.68</td>
<td>11.08%</td>
<td>$0.02</td>
<td>$0.34</td>
<td>15.92%</td>
</tr>
<tr>
<td>Monday.Com 公司</td>
<td>122.66</td>
<td>6.14</td>
<td>6.87</td>
<td>1.06%</td>
<td>$0.0</td>
<td>$0.28</td>
<td>26.24%</td>
</tr>
<tr>
<td>Dolby Laboratories 公司</td>
<td>25.43</td>
<td>2.43</td>
<td>4.81</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.27</td>
<td>0.73%</td>
</tr>
<tr>
<td>CommVault Systems 公司</td>
<td>68.09</td>
<td>25.11</td>
<td>4.95</td>
<td>5.12%</td>
<td>$0.02</td>
<td>$0.22</td>
<td>18.39%</td>
</tr>
<tr>
<td>Qualys 公司</td>
<td>28.07</td>
<td>9.81</td>
<td>8.13</td>
<td>9.7%</td>
<td>$0.06</td>
<td>$0.14</td>
<td>10.41%</td>
</tr>
<tr>
<td>Teradata 公司</td>
<td>24.92</td>
<td>12.83</td>
<td>1.77</td>
<td>20.25%</td>
<td>$0.09</td>
<td>$0.25</td>
<td>-5.45%</td>
</tr>
<tr>
<td><strong>平均</strong></td>
<td><strong>56.03</strong></td>
<td><strong>17.9</strong></td>
<td><strong>7.35</strong></td>
<td><strong>10.89%</strong></td>
<td><strong>$1.12</strong></td>
<td><strong>$1.73</strong></td>
<td><strong>14.32%</strong></td>
</tr>
</tbody>
</table>
<p>通过对微软的详细审查，我们可以推断出以下趋势：</p>
<ul>
<li>33.77 的市盈率显著低于行业平均水平 0.6 倍，表明被低估。这可能使得该股票对寻求增长的投资者具有吸引力。</li>
</ul>
<ul>
<li>当前的市净率为 9.72，低于行业平均水平 0.54 倍，表明潜在的低估。</li>
</ul>
<ul>
<li>市销率为 12.06，较行业平均水平高出 1.64 倍，表明该股票在销售表现上可能被高估。</li>
</ul>
<ul>
<li>净资产收益率（ROE）为 7.85%，低于行业平均水平 3.04%，这表明公司在利用股本产生利润方面可能存在效率不足。</li>
</ul>
<ul>
<li>与行业相比，该公司的息税折旧摊销前利润（EBITDA）为 480.6 亿美元，超过行业平均水平 42.91 倍，表明盈利能力更强和现金流生成能力更强。</li>
</ul>
<ul>
<li>该公司的毛利润为 536.3 亿美元，超过行业平均水平 31.0 倍，表明盈利能力更强和核心业务的收益更高。</li>
</ul>
<ul>
<li>收入增长为 18.43%，超过行业平均水平 14.32%，表明公司正在展示强劲的销售扩张并获得市场份额。</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/2025/1765897213_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="债务与股本比率" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1765897213_0.png"/></p>
<p>债务与股本比率（D/E）指示公司用于融资其资产和运营的债务和股本的比例。</p>
<p>在行业比较中考虑债务与股本比率，可以简明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>在比较微软与其前四大同行的债务与股本比率时，以下信息变得明显：</p>
<ul>
<li>在其前四大同行中，微软的财务状况更强，债务与股本比率为 0.17，较低。</li>
</ul>
<ul>
<li>这表明公司对债务融资的依赖较小，并保持了债务与股本之间更有利的平衡，这对投资者来说是一个积极的信号。</li>
</ul>
<h3>关键要点</h3>
<p>对于微软在软件行业中的表现，市盈率相较于同行较低，表明潜在的低估。市净率也较低，暗示可能存在便宜的机会。然而，市销率较高，表明基于收入的高估值。在净资产收益率方面，微软的盈利能力低于同行。高 EBITDA 和毛利润水平反映出强劲的运营表现，而高收入增长则表明未来前景乐观。</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中的地位，并通过财务指标与竞争对手进行比较。微软显示出潜在的低估，市盈率和市净率较低，但市销率较高则表明估值较高。尽管股东权益回报率较低，微软在运营表现上仍然强劲，拥有高额的息税折旧摊销前利润、毛利润和收入增长。该公司维持了良好的债务与股本比率，表明其财务状况稳健。总体而言，微软在行业中展现出良好的增长潜力</p>

<p>Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating <strong>Microsoft (NASDAQ: MSFT)</strong> in comparison to its major competitors within the Software industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in 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，进行全面的公司分析对于投资者和行业爱好者至关重要。在本文中，我们将深入探讨一个广泛的行业比较，评估 <strong>微软 (NASDAQ: MSFT)</strong> 与其在软件行业的主要竞争对手的比较。通过分析关键的财务指标、市场地位和增长潜力，我们的目标是为投资者提供有价值的见解，并深入了解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和企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。该公司分为三个规模相当的广泛部门：生产力和业务流程（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）以及更多个人计算（Windows 客户端、Xbox、Bing 搜索、展示广告以及 Surface 笔记本电脑、平板电脑和台式机）。</p>
</div><table>
<thead>
<tr>
<th><strong>Company</strong></th>
<th><strong>P/E</strong></th>
<th><strong>P/B</strong></th>
<th><strong>P/S</strong></th>
<th><strong>ROE</strong></th>
<th><strong>EBITDA (in billions)</strong></th>
<th><strong>Gross Profit (in billions)</strong></th>
<th><strong>Revenue Growth</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>Microsoft Corp</td>
<td>33.77</td>
<td>9.72</td>
<td>12.06</td>
<td>7.85%</td>
<td>$48.06</td>
<td>$53.63</td>
<td>18.43%</td>
</tr>
<tr>
<td>Oracle Corp</td>
<td>34.76</td>
<td>17.74</td>
<td>8.77</td>
<td>22.68%</td>
<td>$9.51</td>
<td>$10.68</td>
<td>14.22%</td>
</tr>
<tr>
<td>ServiceNow Inc</td>
<td>92.53</td>
<td>14.05</td>
<td>12.65</td>
<td>4.52%</td>
<td>$0.89</td>
<td>$2.63</td>
<td>21.81%</td>
</tr>
<tr>
<td>Palo Alto Networks Inc</td>
<td>117.65</td>
<td>14.95</td>
<td>13.80</td>
<td>4.05%</td>
<td>$0.5</td>
<td>$1.84</td>
<td>15.66%</td>
</tr>
<tr>
<td>Fortinet Inc</td>
<td>33.55</td>
<td>82.47</td>
<td>9.59</td>
<td>33.9%</td>
<td>$0.64</td>
<td>$1.39</td>
<td>14.38%</td>
</tr>
<tr>
<td>Gen Digital Inc</td>
<td>30.21</td>
<td>6.90</td>
<td>3.84</td>
<td>5.56%</td>
<td>$0.5</td>
<td>$0.95</td>
<td>25.26%</td>
</tr>
<tr>
<td>UiPath Inc</td>
<td>38.48</td>
<td>4.49</td>
<td>5.68</td>
<td>11.08%</td>
<td>$0.02</td>
<td>$0.34</td>
<td>15.92%</td>
</tr>
<tr>
<td>Monday.Com Ltd</td>
<td>122.66</td>
<td>6.14</td>
<td>6.87</td>
<td>1.06%</td>
<td>$0.0</td>
<td>$0.28</td>
<td>26.24%</td>
</tr>
<tr>
<td>Dolby Laboratories Inc</td>
<td>25.43</td>
<td>2.43</td>
<td>4.81</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.27</td>
<td>0.73%</td>
</tr>
<tr>
<td>CommVault Systems Inc</td>
<td>68.09</td>
<td>25.11</td>
<td>4.95</td>
<td>5.12%</td>
<td>$0.02</td>
<td>$0.22</td>
<td>18.39%</td>
</tr>
<tr>
<td>Qualys Inc</td>
<td>28.07</td>
<td>9.81</td>
<td>8.13</td>
<td>9.7%</td>
<td>$0.06</td>
<td>$0.14</td>
<td>10.41%</td>
</tr>
<tr>
<td>Teradata Corp</td>
<td>24.92</td>
<td>12.83</td>
<td>1.77</td>
<td>20.25%</td>
<td>$0.09</td>
<td>$0.25</td>
<td>-5.45%</td>
</tr>
<tr>
<td><strong>Average</strong></td>
<td><strong>56.03</strong></td>
<td><strong>17.9</strong></td>
<td><strong>7.35</strong></td>
<td><strong>10.89%</strong></td>
<td><strong>$1.12</strong></td>
<td><strong>$1.73</strong></td>
<td><strong>14.32%</strong></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th><strong>公司</strong></th>
<th><strong>市盈率 (P/E)</strong></th>
<th><strong>市净率 (P/B)</strong></th>
<th><strong>市销率 (P/S)</strong></th>
<th><strong>净资产收益率 (ROE)</strong></th>
<th><strong>息税折旧摊销前利润 (EBITDA)（十亿美元）</strong></th>
<th><strong>毛利润（十亿美元）</strong></th>
<th><strong>收入增长</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>微软公司</td>
<td>33.77</td>
<td>9.72</td>
<td>12.06</td>
<td>7.85%</td>
<td>$48.06</td>
<td>$53.63</td>
<td>18.43%</td>
</tr>
<tr>
<td>甲骨文公司</td>
<td>34.76</td>
<td>17.74</td>
<td>8.77</td>
<td>22.68%</td>
<td>$9.51</td>
<td>$10.68</td>
<td>14.22%</td>
</tr>
<tr>
<td>ServiceNow 公司</td>
<td>92.53</td>
<td>14.05</td>
<td>12.65</td>
<td>4.52%</td>
<td>$0.89</td>
<td>$2.63</td>
<td>21.81%</td>
</tr>
<tr>
<td>Palo Alto Networks 公司</td>
<td>117.65</td>
<td>14.95</td>
<td>13.80</td>
<td>4.05%</td>
<td>$0.5</td>
<td>$1.84</td>
<td>15.66%</td>
</tr>
<tr>
<td>Fortinet 公司</td>
<td>33.55</td>
<td>82.47</td>
<td>9.59</td>
<td>33.9%</td>
<td>$0.64</td>
<td>$1.39</td>
<td>14.38%</td>
</tr>
<tr>
<td>Gen Digital 公司</td>
<td>30.21</td>
<td>6.90</td>
<td>3.84</td>
<td>5.56%</td>
<td>$0.5</td>
<td>$0.95</td>
<td>25.26%</td>
</tr>
<tr>
<td>UiPath 公司</td>
<td>38.48</td>
<td>4.49</td>
<td>5.68</td>
<td>11.08%</td>
<td>$0.02</td>
<td>$0.34</td>
<td>15.92%</td>
</tr>
<tr>
<td>Monday.Com 公司</td>
<td>122.66</td>
<td>6.14</td>
<td>6.87</td>
<td>1.06%</td>
<td>$0.0</td>
<td>$0.28</td>
<td>26.24%</td>
</tr>
<tr>
<td>Dolby Laboratories 公司</td>
<td>25.43</td>
<td>2.43</td>
<td>4.81</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.27</td>
<td>0.73%</td>
</tr>
<tr>
<td>CommVault Systems 公司</td>
<td>68.09</td>
<td>25.11</td>
<td>4.95</td>
<td>5.12%</td>
<td>$0.02</td>
<td>$0.22</td>
<td>18.39%</td>
</tr>
<tr>
<td>Qualys 公司</td>
<td>28.07</td>
<td>9.81</td>
<td>8.13</td>
<td>9.7%</td>
<td>$0.06</td>
<td>$0.14</td>
<td>10.41%</td>
</tr>
<tr>
<td>Teradata 公司</td>
<td>24.92</td>
<td>12.83</td>
<td>1.77</td>
<td>20.25%</td>
<td>$0.09</td>
<td>$0.25</td>
<td>-5.45%</td>
</tr>
<tr>
<td><strong>平均</strong></td>
<td><strong>56.03</strong></td>
<td><strong>17.9</strong></td>
<td><strong>7.35</strong></td>
<td><strong>10.89%</strong></td>
<td><strong>$1.12</strong></td>
<td><strong>$1.73</strong></td>
<td><strong>14.32%</strong></td>
</tr>
</tbody>
</table>
</div><p>Through a detailed examination of Microsoft, we can deduce the following trends:</p>
<div class="lb-trans"><p>通过对微软的详细审查，我们可以推断出以下趋势：</p>
</div><ul>
<li>A Price to Earnings ratio of 33.77 significantly below the industry average by 0.6x suggests undervaluation. This can make the stock appealing for those seeking growth.</li>
</ul>
<div class="lb-trans"><ul>
<li>33.77 的市盈率显著低于行业平均水平 0.6 倍，表明被低估。这可能使得该股票对寻求增长的投资者具有吸引力。</li>
</ul>
</div><ul>
<li>The current Price to Book ratio of 9.72, which is 0.54x the industry average, is substantially lower than the industry average, indicating potential undervaluation.</li>
</ul>
<div class="lb-trans"><ul>
<li>当前的市净率为 9.72，低于行业平均水平 0.54 倍，表明潜在的低估。</li>
</ul>
</div><ul>
<li>The Price to Sales ratio of 12.06, which is 1.64x the industry average, suggests the stock could potentially be overvalued in relation to its sales performance compared to its peers.</li>
</ul>
<div class="lb-trans"><ul>
<li>市销率为 12.06，较行业平均水平高出 1.64 倍，表明该股票在销售表现上可能被高估。</li>
</ul>
</div><ul>
<li>With a Return on Equity (ROE) of 7.85% that is 3.04% below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.</li>
</ul>
<div class="lb-trans"><ul>
<li>净资产收益率（ROE）为 7.85%，低于行业平均水平 3.04%，这表明公司在利用股本产生利润方面可能存在效率不足。</li>
</ul>
</div><ul>
<li>Compared to its industry, the company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $48.06 Billion, which is 42.91x above the industry average, indicating stronger profitability and robust cash flow generation.</li>
</ul>
<div class="lb-trans"><ul>
<li>与行业相比，该公司的息税折旧摊销前利润（EBITDA）为 480.6 亿美元，超过行业平均水平 42.91 倍，表明盈利能力更强和现金流生成能力更强。</li>
</ul>
</div><ul>
<li>The company has higher gross profit of $53.63 Billion, which indicates 31.0x above the industry average, indicating stronger profitability and higher earnings from its core operations.</li>
</ul>
<div class="lb-trans"><ul>
<li>该公司的毛利润为 536.3 亿美元，超过行业平均水平 31.0 倍，表明盈利能力更强和核心业务的收益更高。</li>
</ul>
</div><ul>
<li>With a revenue growth of 18.43%, which surpasses the industry average of 14.32%, the company is demonstrating robust sales expansion and gaining market share.</li>
</ul>
<div class="lb-trans"><ul>
<li>收入增长为 18.43%，超过行业平均水平 14.32%，表明公司正在展示强劲的销售扩张并获得市场份额。</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/2025/1765897213_0.png" alt="debt to equity" original-src="https://www.benzinga.com/files/images/story/2025/1765897213_0.png"/></p>
<p>The debt-to-equity (D/E) ratio indicates the proportion of debt and equity used by a company to finance its assets and operations.</p>
<div class="lb-trans"><p>债务与股本比率（D/E）指示公司用于融资其资产和运营的债务和股本的比例。</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，可以简明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>When examining Microsoft in comparison to its top 4 peers with respect to the Debt-to-Equity ratio, the following information becomes apparent:</p>
<div class="lb-trans"><p>在比较微软与其前四大同行的债务与股本比率时，以下信息变得明显：</p>
</div><ul>
<li>Among its top 4 peers, Microsoft has a stronger financial position with a lower debt-to-equity ratio of 0.17.</li>
</ul>
<div class="lb-trans"><ul>
<li>在其前四大同行中，微软的财务状况更强，债务与股本比率为 0.17，较低。</li>
</ul>
</div><ul>
<li>This indicates that the company relies less on debt financing and maintains a more favorable balance between debt and equity, which can be viewed positively by investors.</li>
</ul>
<div class="lb-trans"><ul>
<li>这表明公司对债务融资的依赖较小，并保持了债务与股本之间更有利的平衡，这对投资者来说是一个积极的信号。</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 ratio is low compared to peers, indicating potential undervaluation. The PB ratio is also low, suggesting a possible bargain opportunity. However, the PS ratio is high, signaling rich valuation based on revenue. In terms of ROE, Microsoft shows lower profitability compared to peers. The high EBITDA and gross profit levels reflect strong operational performance, while the high revenue growth indicates a promising future trajectory.</p>
<div class="lb-trans"><p>对于微软在软件行业中的表现，市盈率相较于同行较低，表明潜在的低估。市净率也较低，暗示可能存在便宜的机会。然而，市销率较高，表明基于收入的高估值。在净资产收益率方面，微软的盈利能力低于同行。高 EBITDA 和毛利润水平反映出强劲的运营表现，而高收入增长则表明未来前景乐观。</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>

Understanding Microsoft's Position In Software Industry Compared To Competitors

- 微软的市盈率为 33.77，低于行业平均水平，显示出被低估的潜力。  
- 公司 EBITDA 达到 480.6 亿美元，高于行业平均，显示盈利能力强。  
- 收入增长 18.43%，超出行业平均，表明市场份额正在扩大。

理解微软在软件行业中相较于竞争对手的地位