AAPL - Apple Inc. Report

Apple Inc. (AAPL : NMS)

Sector: Technology | Industry: Consumer Electronics

$309.35

-1.95 (-0.63%)

MARKET CAP

$4.51T

FCF YIELD

2.39%

CURRENT PRICE

$309.35

P/E RATIO

35.48x

Overview Financial Statements Metrics History DCF Valuation

INCOME STATEMENT (ANNUAL - 3-YEAR VIEW)

Financial Line Item	2025-09-30	2024-09-30	2023-09-30
1. REVENUE
Operating Revenue	$416.16B	$391.04B	$383.29B
Total Revenue	$416.16B	$391.04B	$383.29B
2. OPERATING EXPENSES
Reconciled Cost Of Revenue	$220.96B	$210.35B	$214.14B
Interest Expense	-	-	$3.93B
Tax Provision	$20.72B	$29.75B	$16.74B
Operating Expense	$62.15B	$57.47B	$54.85B
Research And Development	$34.55B	$31.37B	$29.91B
Selling General And Administration	$27.60B	$26.10B	$24.93B
Cost Of Revenue	$220.96B	$210.35B	$214.14B
Total Expenses	$283.11B	$267.82B	$268.98B
3. NET INCOME & EARNINGS DETAILS
Tax Effect Of Unusual Items	$0.00	$0.00	$0.00
Tax Rate For Calcs	15.60%	24.10%	14.70%
Normalized EBITDA	$144.75B	$134.66B	$125.82B
Net Income From Continuing Operation Net Minority Interest	$112.01B	$93.74B	$97.00B
Reconciled Depreciation	$11.70B	$11.45B	$11.52B
EBITDA	$144.75B	$134.66B	$125.82B
EBIT	$133.05B	$123.22B	$114.30B
Net Interest Income	-	-	$-183.00M
Interest Income	-	-	$3.75B
Normalized Income	$112.01B	$93.74B	$97.00B
Net Income From Continuing And Discontinued Operation	$112.01B	$93.74B	$97.00B
Total Operating Income As Reported	$133.05B	$123.22B	$114.30B
Diluted Average Shares	15.00B	15.41B	15.81B
Basic Average Shares	14.95B	15.34B	15.74B
Diluted EPS	$7.46	$6.08	$6.13
Basic EPS	$7.49	$6.11	$6.16
Diluted NI Availto Com Stockholders	$112.01B	$93.74B	$97.00B
Net Income Including Noncontrolling Interests	$112.01B	$93.74B	$97.00B
Net Income Continuous Operations	$112.01B	$93.74B	$97.00B
Pretax Income	$132.73B	$123.48B	$113.74B
Other Income Expense	$-321.00M	$269.00M	$-565.00M
Other Non Operating Income Expenses	$-321.00M	$269.00M	$-565.00M
Net Non Operating Interest Income Expense	-	-	$-183.00M
Interest Expense Non Operating	-	-	$3.93B
Interest Income Non Operating	-	-	$3.75B
Operating Income	$133.05B	$123.22B	$114.30B
Gross Profit	$195.20B	$180.68B	$169.15B
Net Income Common Stockholders	$112.01B	$93.74B	$97.00B
Net Income	$112.01B	$93.74B	$97.00B

Financial Line Item	2025-09-30	2024-09-30	2023-09-30
1. ASSETS
1. Current Assets
Working Capital	$-17.67B	$-23.41B	$-1.74B
Inventory	$5.72B	$7.29B	$6.33B
Receivables	$72.96B	$66.24B	$60.98B
Other Receivables	$33.18B	$32.83B	$31.48B
Accounts Receivable	$39.78B	$33.41B	$29.51B
Cash Cash Equivalents And Short Term Investments	$54.70B	$65.17B	$61.55B
Other Short Term Investments	$18.76B	$35.23B	$31.59B
Cash And Cash Equivalents	$35.93B	$29.94B	$29.96B
Cash Equivalents	$7.67B	$2.74B	$1.61B
Cash Financial	$28.27B	$27.20B	$28.36B
Current Assets	$147.96B	$152.99B	$143.57B
Other Current Assets	$14.59B	$14.29B	$14.70B
2. Long Term Assets
Tangible Book Value	$73.73B	$56.95B	$62.15B
Net Tangible Assets	$73.73B	$56.95B	$62.15B
Other Non Current Assets	$62.95B	$55.34B	$46.91B
Non Current Deferred Assets	$20.78B	$19.50B	$17.85B
Non Current Deferred Taxes Assets	$20.78B	$19.50B	$17.85B
Investments And Advances	$77.72B	$91.48B	$100.54B
Other Investments	-	-	-
Investmentin Financial Assets	$77.72B	$91.48B	$100.54B
Available For Sale Securities	$77.72B	$91.48B	$100.54B
Net PPE	$49.83B	$45.68B	$43.72B
Accumulated Depreciation	$-76.01B	$-73.45B	$-70.88B
Gross PPE	$125.85B	$119.13B	$114.60B
Leases	$15.09B	$14.23B	$12.84B
Other Properties	-	-	$10.66B
Machinery Furniture Equipment	$83.42B	$80.20B	$78.31B
Land And Improvements	$27.34B	$24.69B	$23.45B
Properties	$0.00	$0.00	$0.00
Total Non Current Assets	$211.28B	$211.99B	$209.02B
Total Assets	$359.24B	$364.98B	$352.58B
2. LIABILITIES
1. Current Liabilities
Current Deferred Liabilities	$9.05B	$8.25B	$8.06B
Current Deferred Revenue	$9.05B	$8.25B	$8.06B
Current Debt And Capital Lease Obligation	$20.33B	$20.88B	$15.81B
Current Capital Lease Obligation	-	-	$1.57B
Current Debt	$20.33B	$20.88B	$15.81B
Other Current Borrowings	$12.35B	$10.91B	$9.82B
Commercial Paper	$7.98B	$9.97B	$5.99B
Payables And Accrued Expenses	$91.80B	$103.24B	$71.43B
Current Accrued Expenses	$8.92B	-	-
Payables	$82.88B	$95.56B	$71.43B
Total Tax Payable	$13.02B	$26.60B	$8.82B
Income Tax Payable	$13.02B	$26.60B	$8.82B
Accounts Payable	$69.86B	$68.96B	$62.61B
Current Liabilities	$165.63B	$176.39B	$145.31B
Other Current Liabilities	$44.45B	$44.02B	$50.01B
2. Long Term Liabilities
Net Debt	$62.72B	$76.69B	$81.12B
Total Debt	$98.66B	$106.63B	$111.09B
Capital Lease Obligations	-	-	$12.84B
Other Non Current Liabilities	$41.55B	$45.89B	$34.39B
Tradeand Other Payables Non Current	-	$9.25B	$15.46B
Long Term Debt And Capital Lease Obligation	$78.33B	$85.75B	$95.28B
Long Term Capital Lease Obligation	-	-	$11.27B
Long Term Debt	$78.33B	$85.75B	$95.28B
Total Non Current Liabilities Net Minority Interest	$119.88B	$131.64B	$145.13B
Total Liabilities Net Minority Interest	$285.51B	$308.03B	$290.44B
3. STOCKHOLDERS' EQUITY
1. Retained Earnings
Retained Earnings	$-14.26B	$-19.15B	$-214.00M
2. Other Stockholders' Equity
Treasury Shares Number	-	-	0
Ordinary Shares Number	14.77B	15.12B	15.55B
Share Issued	$14.77B	$15.12B	$15.55B
Invested Capital	$172.39B	$163.58B	$173.23B
Common Stock Equity	$73.73B	$56.95B	$62.15B
Total Capitalization	$152.06B	$142.70B	$157.43B
Gains Losses Not Affecting Retained Earnings	$-5.57B	$-7.17B	$-11.45B
Other Equity Adjustments	$-5.57B	$-7.17B	$-11.45B
Capital Stock	$93.57B	$83.28B	$73.81B
Common Stock	$93.57B	$83.28B	$73.81B
Stockholders Equity	$73.73B	$56.95B	$62.15B

Financial Line Item	2025-09-30	2024-09-30	2023-09-30
1. CASH FLOW FROM OPERATING ACTIVITIES
Free Cash Flow	$98.77B	$108.81B	$99.58B
Interest Paid Supplemental Data	-	-	$3.80B
Income Tax Paid Supplemental Data	$43.37B	$26.10B	$18.68B
Common Stock Payments	$-90.71B	$-94.95B	$-77.55B
Long Term Debt Payments	$-10.93B	$-9.96B	$-11.15B
Net Business Purchase And Sale	-	-	-
Net PPE Purchase And Sale	$-12.71B	$-9.45B	$-10.96B
Change In Working Capital	$-25.00B	$3.65B	$-6.58B
Change In Other Working Capital	-	-	-
Change In Other Current Liabilities	$-11.08B	$15.55B	$3.03B
Change In Other Current Assets	$-9.20B	$-11.73B	$-5.68B
Change In Payables And Accrued Expense	$902.00M	$6.02B	$-1.89B
Change In Payable	$902.00M	$6.02B	$-1.89B
Change In Account Payable	$902.00M	$6.02B	$-1.89B
Change In Inventory	$1.40B	$-1.05B	$-1.62B
Change In Receivables	$-7.03B	$-5.14B	$-417.00M
Changes In Account Receivables	$-6.68B	$-3.79B	$-1.69B
Other Non Cash Items	$-89.00M	$-2.27B	$-2.23B
Stock Based Compensation	$12.86B	$11.69B	$10.83B
Deferred Tax	-	-	-
Deferred Income Tax	-	-	-
Depreciation Amortization Depletion	$11.70B	$11.45B	$11.52B
Depreciation And Amortization	$11.70B	$11.45B	$11.52B
Net Income From Continuing Operations	$112.01B	$93.74B	$97.00B
Operating Cash Flow	$111.48B	$118.25B	$110.54B
Cash Flow From Continuing Operating Activities	$111.48B	$118.25B	$110.54B
2. CASH FLOW FROM INVESTING ACTIVITIES
Repurchase Of Capital Stock	$-90.71B	$-94.95B	$-77.55B
Capital Expenditure	$-12.71B	$-9.45B	$-10.96B
Net Other Investing Changes	$-1.48B	$-1.31B	$-1.34B
Net Investment Purchase And Sale	$29.39B	$13.69B	$16.00B
Sale Of Investment	$53.80B	$62.35B	$45.51B
Purchase Of Investment	$-24.41B	$-48.66B	$-29.51B
Purchase Of Business	-	-	-
Purchase Of PPE	$-12.71B	$-9.45B	$-10.96B
Investing Cash Flow	$15.20B	$2.94B	$3.71B
Cash Flow From Continuing Investing Activities	$15.20B	$2.94B	$3.71B
3. CASH FLOW FROM FINANCING ACTIVITIES
Repayment Of Debt	$-10.93B	$-9.96B	$-11.15B
Issuance Of Debt	$4.48B	$0.00	$5.23B
Issuance Of Capital Stock	-	-	-
Net Other Financing Charges	$-6.07B	$-5.80B	$-6.01B
Cash Dividends Paid	$-15.42B	$-15.23B	$-15.03B
Common Stock Dividend Paid	$-15.42B	$-15.23B	$-15.03B
Net Common Stock Issuance	$-90.71B	$-94.95B	$-77.55B
Common Stock Issuance	-	-	-
Net Issuance Payments Of Debt	$-8.48B	$-6.00B	$-9.90B
Net Short Term Debt Issuance	$-2.03B	$3.96B	$-3.98B
Net Long Term Debt Issuance	$-6.45B	$-9.96B	$-5.92B
Long Term Debt Issuance	$4.48B	$0.00	$5.23B
Financing Cash Flow	$-120.69B	$-121.98B	$-108.49B
Cash Flow From Continuing Financing Activities	$-120.69B	$-121.98B	$-108.49B
4. CASH RECONCILIATION
Beginning Cash Position	$29.94B	$30.74B	$24.98B
Changes In Cash	$5.99B	$-794.00M	$5.76B
End Cash Position	$35.93B	$29.94B	$30.74B

FINANCIAL RATIOS & STATS

Financial Metric	Value
Trailing P/E	35.48x
Forward P/E	32.43x
Price-to-Book (P/B)	42.03x
Price-to-Sales (P/S)	9.67x
Net Profit Margin (Net Income / Revenue)	27.62%
Operating Profit Margin (EBIT / Revenue)	32.62%
Return on Equity (ROE)	148.75%
Return on Assets (ROA)	27.08%
Dividend Rate	$1.08
Dividend Yield	0.35%
Ex-Dividend Date	2026-08-10
Next Earnings Date	2026-07-30