Apple Inc.

AAPLNASDAQ

$351.14

Last price · USD

Market cap: $5.27T
P/E: 47.1x
EV / EBITDA: 37.0x
P/S: 12.7x
FCF yield: 1.9%
Div. yield: 0.29%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Apple Inc. key metrics & ratios

Annual · USD millions except per-share data · 36 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Growth (year over year)
Revenue growth	6.4%	2.0%	-2.8%	7.8%	—	—
Operating income growth	8.0%	7.8%	-4.3%	9.6%	—	—
Net income growth	19.5%	-3.4%	-2.8%	5.4%	—	—
EPS (diluted) growth	22.7%	-0.8%	0.3%	8.9%	—	—
Free cash flow growth	-9.2%	9.3%	-10.6%	19.9%	—	—
Margins
Gross margin	46.9%	46.2%	44.1%	43.3%	41.8%	—
Operating margin	32.0%	31.5%	29.8%	30.3%	29.8%	—
EBITDA margin	34.7%	34.5%	33.7%	33.8%	33.7%	—
Net margin	26.9%	24.0%	25.3%	25.3%	25.9%	—
FCF margin	23.7%	27.8%	26.0%	28.3%	25.4%	—
Returns on capital
Return on equity	151.9%	164.6%	156.1%	197.0%	150.1%	—
Return on assets	31.2%	25.7%	27.5%	28.3%	27.0%	—
Return on invested capital	74.8%	64.0%	62.4%	62.7%	57.4%	—
Leverage & liquidity
Debt / equity	1.52x	2.09x	1.99x	2.61x	2.16x	—
Net debt / EBITDA	0.53x	0.66x	0.73x	0.82x	0.82x	—
Current ratio	0.89x	0.87x	0.99x	0.88x	1.07x	—
Interest coverage	—	—	29.06x	40.75x	41.19x	—
Profitability & operating
EBIT	132,729	123,485	117,669	122,034	111,852	+4.4%
EBITDA	144,427	134,930	129,188	133,138	123,136	+4.1%
Operating income	133,050	123,216	114,301	119,437	108,949	+5.1%
Income before tax	132,729	123,485	113,736	119,103	109,207	+5.0%
Net income	112,010	93,736	96,995	99,803	94,680	+4.3%
Earnings per share
EPS (basic)	$7.49	$6.11	$6.16	$6.15	$5.67	+7.2%
EPS (diluted)	$7.46	$6.08	$6.13	$6.11	$5.61	+7.4%
Share count (millions)
Weighted avg shares outstanding	14,949	15,344	15,744	16,216	16,701	-2.7%
Weighted avg shares outstanding (diluted)	15,005	15,408	15,813	16,326	16,865	-2.9%
Balance sheet highlights
Net debt	76,443	89,116	93,965	108,834	101,582	-6.9%
Total debt	112,377	119,059	123,930	132,480	136,522	-4.7%
Total investments	96,486	126,707	132,134	145,463	155,576	-11.3%
Total stockholders' equity	73,733	56,950	62,146	50,672	63,090	+4.0%
Total assets	359,241	364,980	352,583	352,755	351,002	+0.6%
Cash flow highlights
Free cash flow	98,767	108,807	99,584	111,443	92,953	+1.5%
Operating cash flow	111,482	118,254	110,543	122,151	104,038	+1.7%
Capital expenditure	(12,715)	(9,447)	(10,959)	(10,708)	(11,085)	—
Net cash from operating activities	111,482	118,254	110,543	122,151	104,038	+1.7%
Additional fields
Accrued Expenses	8,919	0	0	0	0	—

Apple Inc.

AAPLNASDAQ

$351.14

Last price · USD

Market cap: $5.27T
P/E: 47.1x
EV / EBITDA: 37.0x
P/S: 12.7x
FCF yield: 1.9%
Div. yield: 0.29%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Apple Inc. key metrics & ratios

Annual · USD millions except per-share data · 36 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Growth (year over year)
Revenue growth	6.4%	2.0%	-2.8%	7.8%	—	—
Operating income growth	8.0%	7.8%	-4.3%	9.6%	—	—
Net income growth	19.5%	-3.4%	-2.8%	5.4%	—	—
EPS (diluted) growth	22.7%	-0.8%	0.3%	8.9%	—	—
Free cash flow growth	-9.2%	9.3%	-10.6%	19.9%	—	—
Margins
Gross margin	46.9%	46.2%	44.1%	43.3%	41.8%	—
Operating margin	32.0%	31.5%	29.8%	30.3%	29.8%	—
EBITDA margin	34.7%	34.5%	33.7%	33.8%	33.7%	—
Net margin	26.9%	24.0%	25.3%	25.3%	25.9%	—
FCF margin	23.7%	27.8%	26.0%	28.3%	25.4%	—
Returns on capital
Return on equity	151.9%	164.6%	156.1%	197.0%	150.1%	—
Return on assets	31.2%	25.7%	27.5%	28.3%	27.0%	—
Return on invested capital	74.8%	64.0%	62.4%	62.7%	57.4%	—
Leverage & liquidity
Debt / equity	1.52x	2.09x	1.99x	2.61x	2.16x	—
Net debt / EBITDA	0.53x	0.66x	0.73x	0.82x	0.82x	—
Current ratio	0.89x	0.87x	0.99x	0.88x	1.07x	—
Interest coverage	—	—	29.06x	40.75x	41.19x	—
Profitability & operating
EBIT	132,729	123,485	117,669	122,034	111,852	+4.4%
EBITDA	144,427	134,930	129,188	133,138	123,136	+4.1%
Operating income	133,050	123,216	114,301	119,437	108,949	+5.1%
Income before tax	132,729	123,485	113,736	119,103	109,207	+5.0%
Net income	112,010	93,736	96,995	99,803	94,680	+4.3%
Earnings per share
EPS (basic)	$7.49	$6.11	$6.16	$6.15	$5.67	+7.2%
EPS (diluted)	$7.46	$6.08	$6.13	$6.11	$5.61	+7.4%
Share count (millions)
Weighted avg shares outstanding	14,949	15,344	15,744	16,216	16,701	-2.7%
Weighted avg shares outstanding (diluted)	15,005	15,408	15,813	16,326	16,865	-2.9%
Balance sheet highlights
Net debt	76,443	89,116	93,965	108,834	101,582	-6.9%
Total debt	112,377	119,059	123,930	132,480	136,522	-4.7%
Total investments	96,486	126,707	132,134	145,463	155,576	-11.3%
Total stockholders' equity	73,733	56,950	62,146	50,672	63,090	+4.0%
Total assets	359,241	364,980	352,583	352,755	351,002	+0.6%
Cash flow highlights
Free cash flow	98,767	108,807	99,584	111,443	92,953	+1.5%
Operating cash flow	111,482	118,254	110,543	122,151	104,038	+1.7%
Capital expenditure	(12,715)	(9,447)	(10,959)	(10,708)	(11,085)	—
Net cash from operating activities	111,482	118,254	110,543	122,151	104,038	+1.7%
Additional fields
Accrued Expenses	8,919	0	0	0	0	—