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Apple Inc. (AAPL) Financials

AAPL
Trailing 12 months to June 27, 2026
Revenue $466.8B +14.2% YoY
Net Income $128.9B +29.9% YoY
EPS (Diluted) $8.71 +32.2% YoY
Free Cash Flow $136.7B +42.1% YoY
Market Cap $4.9T as of Oct 5, 2026
Price / Sales 10.4x on $466.8B revenue, trailing 12 months to June 27, 2026
Price / Earnings 37.7x on $128.9B net income, trailing 12 months to June 27, 2026
Price / Book 45.2x on $107.5B equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jun 27, 2026 Reported Currency USD FYE September

Newest figures come from the 10-Q for Q3 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AAPL SEC filings page.

Apple Inc. (AAPL) reported $466.8B in revenue over the twelve months to Jun 27, 2026, up 14.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AAPL FY2025

Apple’s scale still expands margins, but FY2025 reinvestment and shareholder distributions absorbed more cash than free cash flow produced.

Profitability improved in FY2025 while free cash flow weakened relative to sales. That divergence indicates higher reinvestment absorbed more of the year’s operating economics, rather than earnings translating one-for-one into discretionary cash.

Operating margin widened from 31.5% to 32.0% in FY2025, indicating that growth was accompanied by better operating conversion rather than bought solely through volume. The figures do not identify whether mix, costs, or both drove the improvement.

Debt-to-equity fell from 1.5x to 1.1x in FY2025, indicating a less debt-heavy capital structure. Yet the current ratio was 0.9x while total liabilities stood at $285.5B; long-term deleveraging did not eliminate short-term balance-sheet tightness.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 69 / 100
Financial Health Score 69/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Apple Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
97

Apple Inc. has an operating margin of 32.0%, meaning the company retains $32 of operating profit per $100 of revenue. This strong profitability earns a score of 97/100, reflecting efficient cost management and pricing power. This is up from 31.5% the prior year.

Growth
46

Apple Inc.'s revenue grew 6.4% year-over-year to $416.2B, a solid pace of expansion. This earns a growth score of 46/100.

Leverage
70

Apple Inc. carries a low D/E ratio of 1.06, meaning only $1.06 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
14

Apple Inc.'s current ratio of 0.89 is below the typical benchmark, resulting in a score of 14/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
91

Apple Inc. converts 23.7% of revenue into free cash flow ($98.8B). This strong cash generation earns a score of 91/100.

Returns
98

Apple Inc. earns a strong 151.9% return on equity (ROE), meaning it generates $152 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 98/100. This is down from 164.6% the prior year.

Altman Z-Score Safe
12.48

Apple Inc. scores 12.48, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.9T) relative to total liabilities ($285.5B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong
8/9

Apple Inc. passes 8 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed
1.00x

For every $1 of reported earnings, Apple Inc. generates $1.00 in operating cash flow ($111.5B OCF vs $112.0B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$109.4B
YoY+16.4%
QoQ-1.6%
5Y CAGR+4.1%
10Y CAGR+3.7%

Apple Inc. generated $109.4B in revenue in Q3 2026. This represents an increase of 16.4% from the same quarter a year earlier. Against the prior quarter it is down 1.6%.

EBITDA
$39.0B
YoY+25.7%
QoQ-0.8%
5Y CAGR+5.2%

Apple Inc.'s EBITDA was $39.0B in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 25.7% from the same quarter a year earlier. Against the prior quarter it is down 0.8%.

Net Income
$29.8B
YoY+27.1%
QoQ+0.7%
5Y CAGR+4.7%
10Y CAGR+5.0%

Apple Inc. reported $29.8B in net income in Q3 2026. This represents an increase of 27.1% from the same quarter a year earlier. Against the prior quarter it is up 0.7%.

EPS (Diluted)
$2.02
YoY+28.7%
QoQ+0.5%
5Y CAGR+7.6%
10Y CAGR-4.7%

Apple Inc. earned $2.02 per diluted share (EPS) in Q3 2026. This represents an increase of 28.7% from the same quarter a year earlier. Against the prior quarter it is up 0.5%.

Cash & Balance Sheet

Free Cash Flow
$31.9B
YoY+30.8%
QoQ+19.4%
5Y CAGR+8.0%
10Y CAGR+3.0%

Apple Inc. generated $31.9B in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 30.8% from the same quarter a year earlier. Against the prior quarter it is up 19.4%.

Cash & Debt
$39.5B
YoY+9.0%
QoQ-13.2%
5Y CAGR+0.6%
10Y CAGR+9.0%

Apple Inc. held $39.5B in cash against $71.3B in long-term debt as of Q3 2026.

Dividends Per Share
$0.27
YoY+3.8%
QoQ+3.8%
5Y CAGR+5.7%
10Y CAGR-6.3%

Apple Inc. paid $0.27 per share in dividends in Q3 2026. This represents an increase of 3.8% from the same quarter a year earlier. Against the prior quarter it is up 3.8%.

Shares Outstanding
14.59B
YoY-1.7%
QoQ-0.6%
5Y CAGR-2.6%
10Y CAGR+10.2%

Apple Inc. had 14.59B shares outstanding in Q3 2026. This represents a decrease of 1.7% from the same quarter a year earlier. Against the prior quarter it is down 0.6%.

Margins & Returns

Gross Margin
50.1%
YoY+3.6pp
QoQ+0.8pp
5Y change+7.6pp
10Y change+10.0pp

Apple Inc.'s gross margin was 50.1% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.

Operating Margin
32.6%
YoY+2.6pp
QoQ+0.3pp
5Y change+1.9pp

Apple Inc.'s operating margin was 32.6% in Q3 2026, reflecting core business profitability. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.

Net Margin
27.2%
YoY+2.3pp
QoQ+0.6pp
5Y change+0.9pp
10Y change+3.0pp

Apple Inc.'s net profit margin was 27.2% in Q3 2026, showing the share of revenue converted to profit. This is up 2.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Return on Equity
27.7%
YoY-7.9pp
QoQ-0.1pp
5Y change-6.5pp
10Y change+13.4pp

Apple Inc.'s ROE was 27.7% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 7.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.

Capital Allocation

R&D Spending
$11.7B
YoY+32.3%
QoQ+2.7%
5Y CAGR+17.4%

Apple Inc. invested $11.7B in research and development in Q3 2026. This represents an increase of 32.3% from the same quarter a year earlier. Against the prior quarter it is up 2.7%.

Share Buybacks
$25.1B
YoY+19.1%
QoQ+104.3%
5Y CAGR+6.2%
10Y CAGR+13.8%

Apple Inc. spent $25.1B on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 19.1% from the same quarter a year earlier. Against the prior quarter it is up 104.3%.

Capital Expenditures
$2.5B
YoY-29.1%
QoQ+24.6%
5Y CAGR+1.6%
10Y CAGR-3.8%

Apple Inc. invested $2.5B in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 29.1% from the same quarter a year earlier. Against the prior quarter it is up 24.6%.

AAPL Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AAPL quarterly income statement
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Revenue$109.4B+16.4%$111.2B+16.6%$143.8B+15.7%$102.5B+7.9%$94.0B+9.6%$95.4B+5.1%$124.3B+4.0%$94.9B+16.1%
Cost of Revenue$54.6B+8.6%$56.4B+11.7%$74.5B+12.9%$54.1B+6.0%$50.3B+9.2%$50.5B+4.1%$66.0B+2.0%$51.1B+12.5%
Gross Profit$54.8B+25.3%$54.8B+22.1%$69.2B+18.8%$48.3B+10.2%$43.7B+10.2%$44.9B+6.1%$58.3B+6.2%$43.9B+20.5%
R&D Expenses$11.7B+32.3%$11.4B+33.6%$10.9B+31.7%$8.9B+14.2%$8.9B+10.7%$8.6B+8.2%$8.3B+7.4%$7.8B+4.3%
SG&A Expenses$7.3B+10.5%$7.5B+11.1%$7.5B+4.4%$7.0B+8.0%$6.7B+5.2%$6.7B+4.0%$7.2B+5.7%$6.5B+9.2%
Operating Income$35.7B+26.6%$35.9B+21.3%$50.9B+18.7%$32.4B+9.6%$28.2B+11.2%$29.6B+6.1%$42.8B+6.1%$29.6B+28.7%
EBITDA$39.0B+25.7%$39.3B+21.9%$54.1B+17.8%$35.6B+9.4%$31.0B+10.0%$32.3B+4.9%$45.9B+6.2%$32.5B+24.8%
Income Tax$6.5B+40.9%$6.3B+38.1%$8.9B+42.4%$5.3B-64.1%$4.6B+13.6%$4.5B+2.4%$6.3B-2.4%$14.9B+421.5%
Net Income$29.8B+27.1%$29.6B+19.4%$42.1B+15.9%$27.5B+86.4%$23.4B+9.3%$24.8B+4.8%$36.3B+7.1%$14.7B-25.9%
EPS (Basic)$2.03+29.3%$2.02+22.4%$2.85+18.3%$1.85+88.8%$1.57+12.1%$1.65+7.8%$2.41+10.0%$0.98-22.8%
EPS (Diluted)$2.02+28.7%$2.01+21.8%$2.84+18.3%$1.84+89.7%$1.57+12.1%$1.65+7.8%$2.40+10.1%$0.97-23.0%
Diluted Shares (Avg)14.71B-1.6%14.73B-2.2%14.81B-2.2%N/A14.95B-2.6%15.06B-2.6%15.15B-2.7%N/A

Not reported in any period shown, so not listed: Interest Expense.

AAPL Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AAPL quarterly balance sheet
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Total Assets$383.3B+15.6%$371.1B+12.0%$379.3B+10.2%$359.2B-1.6%$331.5B0.0%$331.2B-1.8%$344.1B-2.7%$365.0B+8.9%
Current Assets$149.8B+22.3%$144.1B+21.4%$158.1B+18.7%$148.0B-3.3%$122.5B-2.3%$118.7B-7.6%$133.2B-7.3%$153.0B+24.7%
Cash & Equivalents$39.5B+9.0%$45.6B+61.8%$45.3B+49.6%$35.9B+20.0%$36.3B+41.9%$28.2B-13.9%$30.3B-25.7%$29.9B+5.4%
Short-Term Investments$22.9B+19.6%$22.9B+12.8%$21.6B-8.0%$18.8B-46.7%$19.1B-47.3%$20.3B-41.0%$23.5B-27.4%$35.2B+3.4%
Inventory$11.1B+87.2%$6.7B+7.6%$5.9B-15.0%$5.7B-21.5%$5.9B-3.9%$6.3B+0.6%$6.9B+6.1%$7.3B-0.9%
Accounts Receivable$31.4B+13.9%$30.3B+16.1%$39.9B+34.7%$39.8B+19.1%$27.6B+20.9%$26.1B+19.7%$29.6B+27.8%$33.4B+70.9%
Long-Term Investments$84.1B+8.4%$78.1B-7.5%$77.9B-11.1%$77.7B-15.0%$77.6B-14.9%$84.4B-11.3%$87.6B-11.9%$91.5B-12.1%
Total Liabilities$275.7B+3.8%$264.6B+0.1%$291.1B+5.0%$285.5B-7.3%$265.7B+0.3%$264.4B+0.5%$277.3B-0.7%$308.0B+12.1%
Current Liabilities$149.3B+5.8%$134.6B-6.9%$162.4B+12.5%$165.6B-6.1%$141.1B+7.2%$144.6B+16.8%$144.4B+7.8%$176.4B+41.2%
Non-Current Liabilities$126.4B+1.5%$129.9B+8.4%$128.7B-3.2%$119.9B-8.9%$124.5B-6.6%$119.9B-14.0%$133.0B-8.6%$131.6B-12.1%
Long-Term Debt$71.3B-13.5%$74.4B-5.3%$76.7B-8.7%$78.3B-8.7%$82.4B-4.4%$78.6B-14.4%$84.0B-11.7%$85.8B-12.6%
Total Equity$107.5B+63.3%$106.5B+59.4%$88.2B+32.1%$73.7B+29.5%$65.8B-1.3%$66.8B-10.0%$66.8B-9.9%$57.0B-5.5%
Retained Earnings$11.3B+164.3%$12.4B+179.5%-$2.2B+80.6%-$14.3B+25.5%-$17.6B-272.6%-$15.6B-458.4%-$11.2B-236.1%-$19.2B-1460.4%

Not reported in any period shown, so not listed: Goodwill.

AAPL Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AAPL quarterly cash flow statement
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Operating Cash Flow$34.4B+23.3%$28.7B+19.8%$53.9B+80.1%$29.7B+10.9%$27.9B-3.4%$24.0B+5.6%$29.9B-25.0%$26.8B+1.6%
Depreciation & Amortization$3.3B+17.3%$3.4B+29.2%$3.2B+4.4%$3.1B+7.4%$2.8B-0.7%$2.7B-6.2%$3.1B+8.1%$2.9B-4.6%
Stock-Based Compensation$3.4B+7.4%$3.5B+9.4%$3.6B+9.4%N/A$3.2B+10.4%$3.2B+8.8%$3.3B+9.6%N/A
Capital Expenditures$2.5B-29.1%$2.0B-35.8%$2.4B-19.3%$3.2B+11.5%$3.5B+60.9%$3.1B+53.9%$2.9B+22.9%$2.9B+38.9%
Free Cash Flow$31.9B+30.8%$26.7B+28.0%$51.6B+91.0%$26.5B+10.8%$24.4B-8.6%$20.9B+0.9%$27.0B-28.0%$23.9B-1.6%
Investing Cash Flow-$7.8B-252.9%-$6.2B-311.5%-$4.9B-149.9%-$2.6B-279.0%$5.1B+4094.5%$2.9B+1041.0%$9.8B+408.1%$1.4B+230.7%
Financing Cash Flow-$32.6B-31.4%-$22.3B+23.2%-$39.7B-0.7%-$27.5B-10.1%-$24.8B+31.1%-$29.0B+4.7%-$39.4B-28.7%-$24.9B-3.7%
Dividends Paid$4.0B+2.3%$3.8B+1.7%$3.9B+1.7%$3.9B+1.5%$3.9B+1.3%$3.8B+1.3%$3.9B+0.8%$3.8B-1.2%
Share Buybacks$25.1B+19.1%$12.3B-52.6%$24.7B+4.6%$20.1B-19.7%$21.1B-20.5%$25.9B+11.6%$23.6B+17.2%$25.1B+43.5%

AAPL Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AAPL quarterly financial ratios
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Gross Margin50.1%+3.6pp49.3%+2.2pp48.2%+1.3pp47.2%+1.0pp46.5%+0.2pp47.0%+0.5pp46.9%+1.0pp46.2%+1.7pp
Operating Margin32.6%+2.6pp32.3%+1.2pp35.4%+0.9pp31.6%+0.5pp30.0%+0.4pp31.0%+0.3pp34.5%+0.7pp31.2%+3.0pp
Net Margin27.2%+2.3pp26.6%+0.6pp29.3%+0.1pp26.8%+11.3pp24.9%-0.1pp26.0%-0.1pp29.2%+0.9pp15.5%-8.8pp
Return on Equity27.7%-7.9pp27.8%-9.3pp47.7%-6.7pp37.3%+11.4pp35.6%+3.4pp37.1%+5.2pp54.4%+8.7pp25.9%-7.1pp
Return on Assets7.8%+0.7pp8.0%+0.5pp11.1%+0.5pp7.6%+3.6pp7.1%+0.6pp7.5%+0.5pp10.6%+1.0pp4.0%-1.9pp
Current Ratio1.00+0.1x1.07+0.2x0.97+0.1x0.890.0x0.87-0.1x0.82-0.2x0.92-0.1x0.87-0.1x
Debt-to-Equity0.66-0.6x0.70-0.5x0.87-0.4x1.06-0.4x1.250.0x1.18-0.1x1.260.0x1.51-0.1x
Asset Turnover0.290.0x0.300.0x0.380.0x0.290.0x0.280.0x0.290.0x0.360.0x0.260.0x
FCF Margin29.2%+3.2pp24.0%+2.1pp35.9%+14.1pp25.9%+0.7pp25.9%-5.2pp21.9%-0.9pp21.7%-9.6pp25.2%-4.5pp

Note: The current ratio is below 1.0 (0.89), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Apple Inc. AAPL FY2025 $416.2B $112.0B 26.9% $4.9T 69/100
LG Display Co. Ltd. LPL FY2009 $17.2B $954.5M 5.5% $3.1B —
Microsoft Corp MSFT FY2026 $331.8B $133.7B 40.3% $3.8T 79/100
Nvidia Corp NVDA FY2026 $215.9B $120.1B 55.6% $5.6T 91/100
Universal Electronics Inc UEIC FY2025 $368.3M -$18.6M -5.1% $73.1M 32/100

Frequently Asked Questions

What is Apple Inc.'s annual revenue?

Apple Inc. (AAPL) reported $416.2B in total revenue for fiscal year 2025. This represents a 6.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Apple Inc.'s revenue growing?

Apple Inc. (AAPL) revenue grew by 6.4% year-over-year, from $391.0B to $416.2B in fiscal year 2025.

Is Apple Inc. profitable?

Yes, Apple Inc. (AAPL) reported a net income of $112.0B in fiscal year 2025, with a net profit margin of 26.9%.

Apple Inc. (AAPL) reported diluted earnings per share of $7.46 for fiscal year 2025. This represents a 22.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Apple Inc. (AAPL) had EBITDA of $144.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Apple Inc. (AAPL) had $35.9B in cash and equivalents against $78.3B in long-term debt.

Apple Inc. (AAPL) had a gross margin of 46.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Apple Inc. (AAPL) had an operating margin of 32.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Apple Inc. (AAPL) had a net profit margin of 26.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Apple Inc. (AAPL) paid $1.02 per share in dividends during fiscal year 2025.

Apple Inc. (AAPL) has a return on equity of 151.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Apple Inc. (AAPL) generated $98.8B in free cash flow during fiscal year 2025. This represents a -9.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Apple Inc. (AAPL) generated $111.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Apple Inc. (AAPL) had $359.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Apple Inc. (AAPL) invested $12.7B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Apple Inc. (AAPL) invested $34.5B in research and development during fiscal year 2025.

Yes, Apple Inc. (AAPL) spent $90.7B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Apple Inc. (AAPL) had 14.78B shares outstanding as of fiscal year 2025.

Apple Inc. (AAPL) had a current ratio of 0.89 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Apple Inc. (AAPL) had a debt-to-equity ratio of 1.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Apple Inc. (AAPL) had a return on assets of 31.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Apple Inc. (AAPL) trades at 37.7x earnings, its market capitalization divided by net income of $128.9B net income, trailing 12 months to June 27, 2026. The market capitalization is $4.9T as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Apple Inc. (AAPL) trades at 10.4x sales, its market capitalization divided by revenue of $466.8B revenue, trailing 12 months to June 27, 2026. The market capitalization is $4.9T as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Apple Inc. (AAPL) has an Altman Z-Score of 12.48, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Apple Inc. (AAPL) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Apple Inc. (AAPL) has an earnings quality ratio of 1.00x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Apple Inc. (AAPL) scores 69 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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