What if you invested $1,000 in Microsoft in 2023? (Inflation-Adjusted)
MSFT · Technology · Adjusted to 2026 dollars using BLS CPI-U data
View nominal (non-adjusted) versionNominal returns can be misleading over long periods. $1,000 in Microsoft in 2023 became $1,911 by 2026. Over those 4 years, cumulative CPI inflation reached 5% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2023 dollars is $1,820, a real annualized return of +18.7%.
Nominal final value
$1,911
+91.1% total return
Real value (2023 dollars)
$1,820
+82.0% real total return
Real annualized return
+18.7%
vs. +20.3% nominal annualized
Year-by-Year (Inflation-Adjusted)
$1,000 in Microsoft since 2023, values in constant 2023 dollars
| Year | Nominal Value | Real Value (2023 $) |
|---|---|---|
| 2023 | $1,000 | $1,000 |
| 2024 | $1,619 | $1,572 |
| 2025 | $1,702 | $1,621 |
| 2026 | $1,778 | $1,693 |
Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2023 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.