Apple Inc. (AAPL)

NASDAQ: AAPL · IEX Real-Time Price · USD
+3.69 (2.04%)
Jun 5, 2023, 12:13 PM EDT - Market open

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
Financial Ratio History

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


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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement


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%
Dividend Details

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 Forecasts

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