• Winner; Down Beat Reader's Poll Best Trumpet Player 1955
• Winner; Down Beat Reader's Poll Best Trumpet Player 1957
• Winner; Down Beat Reader's Poll Best Trumpet Player 1961
• Grammy Award for Best Jazz Composition Of More Than Five Minutes Duration for Sketches of Spain (1960)
• Grammy Award for Best Jazz Performance, Large Group Or Soloist With Large Group for Bitches Brew (1970)
• Grammy Award for Best Jazz Instrumental Performance, Soloist for We Want Miles (1982)
• Sonning Award for Lifetime Achievement In Music (1984; Copenhagen, Denmark)
• Doctor of Music, honoris causa (1986; New England Conservatory)
• Grammy Award for Best Jazz Instrumental Performance, Soloist for Tutu (1986)
• Grammy Award for Best Jazz Instrumental Performance, Soloist for Aura (1989)
• Grammy Award for Best Jazz Instrumental Performance, Big Band for Aura (1989)
• Grammy Lifetime Achievement Award (1990)
• Australian Film Institute Award for Best Original Music Score for Dingo, shared with Michel Legrand (1991)
• Knighted into the Legion of Honor (July 16, 1991; Paris)
• Grammy Award for Best R&B Instrumental Performance for Doo-Bop (1992)
• Grammy Award for Best Large Jazz Ensemble Performance for Miles & Quincy Live at Montreux (1993)
• Hollywood Walk of Fame Star (February 19, 1998)
• Rock and Roll Hall of Fame Induction (March 13, 2006)
• Hollywood's Rockwalk Induction (September 28, 2006)
• RIAA Quadruple Platinum for Kind of Blue
• St. Louis Walk of Fame

Grammy Award for Best Performance Music Video was created in 1988.

Grammy Award for Best Performance Music Video ended in 1989.

Grammy Award for Best Pop Solo Performance was created in 2012.

Grammy Award for Best Country Solo Performance was created in 2012.