Apple Inc. (AAPL)
Total Valuation
Apple has a market cap or net worth of $2.90 trillion. The enterprise value is $2.79 trillion.
| Market Cap | 2.90T |
| Enterprise Value | 2.79T |
Important Dates
The next estimated earnings date is Thursday, July 27, 2023, after market close.
| Earnings Date | Jul 27, 2023 |
| Ex-Dividend Date | May 12, 2023 |
Share Statistics
Apple has 15.73 billion shares outstanding. The number of shares has decreased by -3.39% in one year.
| Shares Outstanding | 15.73B |
| Shares Change (YoY) | -3.39% |
| Shares Change (QoQ) | -0.68% |
| Owned by Insiders (%) | 0.07% |
| Owned by Institutions (%) | 61.23% |
| Float | 15.71B |
Valuation Ratios
The trailing PE ratio is 30.72 and the forward PE ratio is 25.40. Apple's PEG ratio is 2.75.
| PE Ratio | 30.72 |
| Forward PE | 25.40 |
| PS Ratio | 7.39 |
| Forward PS | 6.71 |
| PB Ratio | 45.79 |
| P/FCF Ratio | 29.19 |
| PEG Ratio | 2.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 22.02, with an EV/FCF ratio of 28.61.
| EV / Earnings | 29.57 |
| EV / Sales | 7.24 |
| EV / EBITDA | 22.02 |
| EV / EBIT | 24.21 |
| EV / FCF | 28.61 |
Financial Position
The company has a current ratio of 0.94, with a Debt / Equity ratio of 1.76.
| Current Ratio | 0.94 |
| Quick Ratio | 0.76 |
| Debt / Equity | 1.76 |
| Debt / EBITDA | 0.87 |
| Debt / FCF | 1.12 |
Financial Efficiency
Return on equity (ROE) is 165.70% and return on invested capital (ROIC) is 38.70%.
| Return on Equity (ROE) | 165.70% |
| Return on Assets (ROA) | 27.60% |
| Return on Capital (ROIC) | 38.70% |
| Revenue Per Employee | $2.35M |
| Profits Per Employee | $575,128 |
| Employee Count | 164,000 |
| Asset Turnover | 1.13 |
| Inventory Turnover | 33.81 |
Taxes
In the past 12 months, Apple has paid $17.41 billion in taxes.
| Income Tax | 17.41B |
| Effective Tax Rate | 15.58% |
Stock Price Statistics
The stock price has increased by +26.07% in the last 52 weeks. The beta is 1.30, so Apple's price volatility has been higher than the market average.
| Beta (1Y) | 1.30 |
| 52-Week Price Change | +26.07% |
| 50-Day Moving Average | 168.86 |
| 200-Day Moving Average | 152.51 |
| Average Volume (30 Days) | 59,008,414 |
Short Selling Information
The latest short interest is 109.88 million, so 0.70% of the outstanding shares have been sold short.
| Short Interest | 109.88M |
| Short Previous Month | 124.66M |
| Short % of Shares Out | 0.70% |
| Short % of Float | 0.70% |
| Short Ratio (days to cover) | 2.00 |
Income Statement
In the last 12 months, Apple had revenue of $385.10 billion and earned $94.32 billion in profits. Earnings per share was $5.89.
| Revenue | 385.10B |
| Gross Profit | 166.29B |
| Operating Income | 112.30B |
| Pretax Income | 111.73B |
| Net Income | 94.32B |
| EBITDA | 126.69B |
| EBIT | 115.21B |
| Earnings Per Share (EPS) | $5.89 |
Balance Sheet
The company has $166.33 billion in cash and marketable securities, with $109.62 billion in debt, giving a net cash position of $56.72 billion or $3.61 per share.
| Cash & Marketable Securities | 166.33B |
| Total Debt | 109.62B |
| Net Cash | 56.72B |
| Net Cash Per Share | $3.61 |
| Equity / Book Value | 62.16B |
| Book Value Per Share | 3.95 |
| Working Capital | -7.16B |
Cash Flow
In the last 12 months, operating cash flow was $109.58 billion and capital expenditures -$12.09 billion, giving a free cash flow of $97.49 billion.
| Operating Cash Flow | 109.58B |
| Capital Expenditures | -12.09B |
| Free Cash Flow | 97.49B |
| FCF Per Share | $6.18 |
Margins
Gross margin is 43.18%, with operating and profit margins of 29.16% and 24.49%.
| Gross Margin | 43.18% |
| Operating Margin | 29.16% |
| Pretax Margin | 29.01% |
| Profit Margin | 24.49% |
| EBITDA Margin | 32.90% |
| EBIT Margin | 29.92% |
| FCF Margin | 25.32% |
Dividends & Yields
This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 0.52%.
| Dividend Per Share | $0.96 |
| Dividend Yield | 0.52% |
| Earnings Yield | 3.31% |
| FCF Yield | 3.43% |
| Dividend Growth (YoY) | 4.49% |
| Payout Ratio | 16.30% |
| Buyback Yield | 3.39% |
| Shareholder Yield | 3.92% |
Analyst Forecast
The average price target for Apple is $182.66, which is -0.82% lower than the current price. The consensus rating is "Buy".
| Price Target | $182.66 |
| Price Target Difference | -0.82% |
| Analyst Consensus | Buy |
| Analyst Count | 29 |
| Revenue Growth Forecast (5Y) | 5.70% |
| EPS Growth Forecast (5Y) | 6.34% |
Stock Splits
The last stock split was on August 31, 2020. It was a forward split with a ratio of 4:1.
| Last Split Date | Aug 31, 2020 |
| Split Type | Forward |
| Split Ratio | 4:1 |