Apple (AAPL) Ratios
Apple Ratios
MX:AAPL's free cash flow for Q3 2026 was $31.91B. For the 2026 fiscal year, MX:AAPL's free cash flow was decreased by $-2.46B and operating cash flow was $34.37B. See a summary of the company’s cash flow.
| Ratios | Sep 25 | Sep 24 | Sep 23 | Sep 22 | Sep 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.89 | 0.87 | 0.99 | 0.88 | 1.07 |
| Quick Ratio | 0.86 | 0.83 | 0.94 | 0.85 | 1.02 |
| Cash Ratio | 0.22 | 0.17 | 0.21 | 0.15 | 0.28 |
| Solvency Ratio | 0.43 | 0.34 | 0.37 | 0.37 | 0.37 |
| Operating Cash Flow Ratio | 0.67 | 0.67 | 0.76 | 0.79 | 0.83 |
| Short-Term Operating Cash Flow Coverage | 5.48 | 5.66 | 6.99 | 5.79 | 6.66 |
| Net Current Asset Value | $ -137.55B | $ -155.04B | $ -146.87B | $ -166.68B | $ -153.08B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.31 | 0.33 | 0.35 | 0.38 | 0.39 |
| Debt-to-Equity Ratio | 1.52 | 2.09 | 1.99 | 2.61 | 2.16 |
| Debt-to-Capital Ratio | 0.60 | 0.68 | 0.67 | 0.72 | 0.68 |
| Long-Term Debt-to-Capital Ratio | 0.52 | 0.60 | 0.61 | 0.66 | 0.63 |
| Financial Leverage Ratio | 4.87 | 6.41 | 5.67 | 6.96 | 5.56 |
| Debt Service Coverage Ratio | 6.09 | 5.04 | 5.70 | 4.74 | 5.95 |
| Interest Coverage Ratio | 0.00 | 0.00 | 29.06 | 40.75 | 41.19 |
| Debt to Market Cap | 0.03 | 0.03 | 0.04 | 0.05 | 0.05 |
| Interest Debt Per Share | 7.52 | 7.76 | 8.12 | 8.35 | 8.33 |
| Net Debt to EBITDA | 0.53 | 0.66 | 0.73 | 0.82 | 0.82 |
| Profitability Margins | |||||
| Gross Profit Margin | 46.91% | 46.21% | 44.13% | 43.31% | 41.78% |
| EBIT Margin | 31.89% | 31.58% | 30.70% | 30.95% | 30.58% |
| EBITDA Margin | 34.70% | 34.51% | 33.71% | 33.76% | 33.66% |
| Operating Profit Margin | 31.97% | 31.51% | 29.82% | 30.29% | 29.78% |
| Pretax Profit Margin | 31.89% | 31.58% | 29.67% | 30.20% | 29.85% |
| Net Profit Margin | 26.92% | 23.97% | 25.31% | 25.31% | 25.88% |
| Continuous Operations Profit Margin | 26.92% | 23.97% | 25.31% | 25.31% | 25.88% |
| Net Income Per EBT | 84.39% | 75.91% | 85.28% | 83.80% | 86.70% |
| EBT Per EBIT | 99.76% | 100.22% | 99.51% | 99.72% | 100.24% |
| Return on Assets (ROA) | 31.18% | 25.68% | 27.51% | 28.29% | 26.97% |
| Return on Equity (ROE) | 151.91% | 164.59% | 156.08% | 196.96% | 150.07% |
| Return on Capital Employed (ROCE) | 68.72% | 65.34% | 55.14% | 60.09% | 48.31% |
| Return on Invested Capital (ROIC) | 51.97% | 44.31% | 43.39% | 45.17% | 38.93% |
| Return on Tangible Assets | 31.18% | 25.68% | 27.51% | 28.29% | 26.97% |
| Earnings Yield | 2.93% | 2.68% | 3.60% | 4.09% | 3.86% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.70 | 5.90 | 6.28 | 6.47 | 7.10 |
| Payables Turnover | 3.16 | 3.05 | 3.42 | 3.49 | 3.89 |
| Inventory Turnover | 38.64 | 28.87 | 33.82 | 45.20 | 32.37 |
| Fixed Asset Turnover | 6.82 | 8.56 | 7.05 | 7.51 | 7.39 |
| Asset Turnover | 1.16 | 1.07 | 1.09 | 1.12 | 1.04 |
| Working Capital Turnover Ratio | -20.26 | -31.10 | -37.73 | -85.52 | 15.35 |
| Cash Conversion Cycle | -41.97 | -45.18 | -37.85 | -40.21 | -31.18 |
| Days of Sales Outstanding | 63.99 | 61.83 | 58.08 | 56.40 | 51.39 |
| Days of Inventory Outstanding | 9.45 | 12.64 | 10.79 | 8.08 | 11.28 |
| Days of Payables Outstanding | 115.40 | 119.66 | 106.72 | 104.69 | 93.85 |
| Operating Cycle | 73.43 | 74.48 | 68.87 | 64.48 | 62.67 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 7.46 | 7.71 | 7.02 | 7.53 | 6.23 |
| Free Cash Flow Per Share | 6.61 | 7.09 | 6.33 | 6.87 | 5.57 |
| Dividend Paid and CapEx Coverage Ratio | 3.96 | 4.79 | 4.25 | 4.78 | 4.07 |
| Capital Expenditure Coverage Ratio | 8.77 | 12.52 | 10.09 | 11.41 | 9.39 |
| Operating Cash Flow Coverage Ratio | 0.99 | 0.99 | 0.89 | 0.92 | 0.76 |
| Operating Cash Flow to Sales Ratio | 0.27 | 0.30 | 0.29 | 0.31 | 0.28 |
| Free Cash Flow Yield | 2.59% | 3.11% | 3.69% | 4.57% | 3.79% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 34.11 | 37.29 | 27.79 | 24.44 | 25.92 |
| Price-to-Sales (P/S) Ratio | 9.18 | 8.94 | 7.03 | 6.19 | 6.71 |
| Price-to-Book (P/B) Ratio | 51.79 | 61.37 | 43.37 | 48.14 | 38.89 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 38.66 | 32.12 | 27.07 | 21.89 | 26.40 |
| Price-to-Operating Cash Flow Ratio | 34.25 | 29.56 | 24.38 | 19.97 | 23.59 |
| Price-to-Earnings Growth (PEG) Ratio | 1.51 | -45.94 | 170.91 | 2.89 | 0.36 |
| Enterprise Value Multiple | 26.97 | 26.56 | 21.59 | 19.14 | 20.75 |
| Enterprise Value | 3.90T | 3.58T | 2.79T | 2.55T | 2.56T |
| EV to EBITDA | 26.97 | 26.56 | 21.59 | 19.14 | 20.75 |
| EV to Sales | 9.36 | 9.17 | 7.28 | 6.46 | 6.99 |
| EV to Free Cash Flow | 39.44 | 32.94 | 28.01 | 22.87 | 27.49 |
| EV to Operating Cash Flow | 34.94 | 30.31 | 25.23 | 20.86 | 24.56 |
| Tangible Book Value Per Share | 4.93 | 3.71 | 3.95 | 3.12 | 3.78 |
| Shareholders’ Equity Per Share | 4.93 | 3.71 | 3.95 | 3.12 | 3.78 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.16 | 0.24 | 0.15 | 0.16 | 0.13 |
| Revenue Per Share | 27.84 | 25.48 | 24.34 | 24.32 | 21.90 |
| Net Income Per Share | 7.49 | 6.11 | 6.16 | 6.15 | 5.67 |
| Tax Burden | 0.84 | 0.76 | 0.85 | 0.84 | 0.87 |
| Interest Burden | 1.00 | 1.00 | 0.97 | 0.98 | 0.98 |
| Research & Development to Revenue | 0.08 | 0.08 | 0.08 | 0.07 | 0.06 |
| SG&A to Revenue | 0.07 | 0.07 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 |
| Income Quality | 1.00 | 1.26 | 1.14 | 1.22 | 1.10 |
Currency in USD