Ledger

AAPL

AAPL·Technology
www.apple.com

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

$319.97
-$8.24 (-2.51%)Today
Open
$328.31
High
$328.93
Low
$317.86
Volume
39.6M
$225.9552-Week Range$344.57
Current: $319.97 · Near 52W High
MARKET CAP
$4.67T
P/E (TTM)
36.6x
P/B RATIO
43.5x
ROE
148.8%
EPS (TTM) 16.4% Rev YoY
$8.74
DIVIDEND YIELD
0.34%
BETA
1.08
Market-correlated

Company Info

Industry
Consumer Electronics
Country
United States

Leadership

MK
Mr. Kevan Parekh
Chief Executive Officer
Stock Score
Strong Growth
42/ 100
Val
4
Grw
68
Qly
67
Value 40%·Growth 35%·Quality 25%
Price History
$319.97 $82.09 (34.51%)
Overlays
Oscillators
Generating analysis...
01 / Income Statement

Income Statement

Revenue & Margin Trend

PeriodRevenueOpExEBITDANet IncomeEPS
2022$394.33B$51.34B$130.54B$99.80B$6.11
2023$383.29B$54.85B$125.82B$97.00B$6.13
2024$391.04B$57.47B$134.66B$93.74B$6.08
2025$416.16B$62.15B$144.75B$112.01B$7.46
02 / Balance Sheet

Balance Sheet

Cash & Equivalents
$35.93B
Total Debt
$98.66B

Assets Distribution

Current Assets
Non-Current Assets

Liabilities & Equity

Current Liabilities
Non-Current Liabilities
Equity
03 / Cash Flow

Cash Flow

Positive free cash flow of $98.8B — 89% of operating cash flow.
Operating CF
$111.5B
Free Cash Flow
$98.8B
Investing CF
$15.2B
Financing CF
-$120.7B

Cash Flow Mix

Operating Cash$111.5B
Investing Cash$15.2B
Financing Cash-$120.7B
Net Change$6B

FCF Generation

The company converts 89% of operating cash flow into free cash flow, providing ample flexibility for capital allocation.

CapEx Burden

Capital expenditures consume $15.2B of operating cash. Monitor for maintenance vs. growth CapEx split.

Is the cash flow sustainable?
Positive Free Cash Flow
The company has flexibility for dividends, buybacks, debt reduction, or reinvestment in growth opportunities.
04 / Financial Ratios

Financial Ratios

Profitability

Gross Margin
46.9%
Gross Profit / Revenue
Operating Margin
32.0%
Op. Income / Revenue
Net Margin
26.9%
Net Income / Revenue
ROIC
65.0%
Return on Invested Capital

Liquidity & Leverage

Current Ratio
0.89x
Current Assets / Current Liab.
Cash Ratio
0.22x
Cash / Current Liab.
Debt-to-Equity
1.34
Total Debt / Equity
Asset Turnover
1.16
Revenue / Total Assets

Returns

ROE
148.8%
Return on Equity
ROA
27.1%
Return on Assets
EPS (TTM)
$8.74
Earnings Per Share
06 / Historical Trends

Historical Trends

Revenue

+1.8% CAGR

Net Income

+3.9% CAGR

EPS

+6.9% CAGR
05 / Dividends

Dividends & Yield

Dividend Yield
0.34%
Annual
Annual Dividend
$1.09
Per Share
Payout Ratio
12.4%
Div / EPS
Est. Div Growth
+6.6%
Approx. YoY

Dividend Safety Assessment

The payout ratio of 12% suggests ample room for dividend growth and sustainability. The company retains over half of its earnings for reinvestment.

Recent Dividend Payments

DateAmount
2026-08-10$0.27
2026-05-11$0.27
2026-02-09$0.26
2025-11-10$0.26
2025-08-11$0.26
2025-05-12$0.26
2025-02-10$0.25
2024-11-08$0.25
2024-08-12$0.25
2024-05-10$0.25

Institutional Ownership

Moderate Institutional Support

Top 3 institutional holders control 18.7% of shares, providing a stable foundation of institutional capital.

Retail Influence

Lower institutional concentration means retail sentiment and broader market trends may drive price action more noticeably.

Top Institutional Holders

Blackrock Inc.7.97%
1.16B shares
Vanguard Capital Management LLC6.57%
959.11M shares
State Street Corporation4.21%
615.13M shares
Geode Capital Management, LLC2.54%
371.34M shares
Vanguard Portfolio Management LLC2.29%
334.12M shares

Top ETFs Holding

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.19%
466.27M shares
VANGUARD INDEX FUNDS-Vanguard 500 Index Fund2.61%
380.61M shares
iShares Trust-iShares Core S&P 500 ETF1.38%
202.03M shares
Fidelity Concord Street Trust-Fidelity 500 Index Fund1.30%
189.92M shares
SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust1.22%
177.97M shares
07 / Market Events

Market Events

Upcoming Earnings

OCT
29THU
DateOct 29, 2026
DayThursday
Revenue Est.$113.6B
EPS Est.$1.98

Split Record

DateTypeRatio
2020-08-31Forward4:1
2014-06-09Forward7:1
2005-02-28Forward2:1
2000-06-21Forward2:1
1987-06-16Forward2:1
08 / Market Intelligence

Market Intelligence

Analyst Consensus

Consensus (43 Ratings)
Buy
Strong Buy
6
Buy
18
Hold
13
Sell
3
Strong Sell
3
Recent Insider Trades
NEWSTEAD JENNIFER
General Counsel
Sale
1,439 shs
NEWSTEAD JENNIFER
General Counsel
Sale
1,439 shs
NEWSTEAD JENNIFER
General Counsel
Sale
1,439 shs
NEWSTEAD JENNIFER
General Counsel
Sale
1,439 shs
Price Targets
Upside to Mean+1.2%
$215$324$400
Low
$215.00
Mean
$323.86
Median
$335.00
High
$400.00

Earnings History

Beat Rate
4/4
Avg Surprise
+5.3%
PeriodEst. EPSAct. EPSSurprise
2025-09$1.77$1.85+4.5%
2025-12$2.67$2.84+6.3%
2026-03$1.94$2.01+3.5%
2026-06$1.89$2.02+6.7%