Apple Financial Statements From 2010 to 2026

AAPL Stock  USD 271.01  0.85  0.31%   
Apple's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Apple's valuation are provided below:
Gross Profit
195.2 B
Profit Margin
0.2692
Market Capitalization
T
Enterprise Value Revenue
9.7584
Revenue
416.2 B
There are over one hundred nineteen available fundamental signals for Apple Inc, which can be analyzed over time and compared to other ratios. We recommend to validate Apple's prevailing fundamental drivers against the all of the trends between 2010 and 2026. The value of Market Cap is estimated to slide to about 7.1 B. The Enterprise Value is projected to slide to about 6.4 B

Apple Total Revenue

502.51 Billion

Check Apple financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apple's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.1 B, Interest Expense of 0.0 or Selling General Administrative of 33.3 B, as well as many indicators such as Price To Sales Ratio of 7.38, Dividend Yield of 0.0053 or PTB Ratio of 45.54. Apple financial statements analysis is a perfect complement when working with Apple Valuation or Volatility modules.
  
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Check out the analysis of Apple Correlation against competitors.

Apple Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets433.8 B413.1 B309.3 B
Slightly volatile
Other Current Liabilities77.6 B73.9 B39 B
Slightly volatile
Total Current Liabilities200 B190.5 B111.3 B
Slightly volatile
Total Stockholder Equity89 B84.8 B87 B
Pretty Stable
Property Plant And Equipment Net73.7 B70.2 B36.9 B
Slightly volatile
Cash40.5 B38.6 B26.2 B
Slightly volatile
Non Current Assets Total255.1 B243 B190.1 B
Slightly volatile
Cash And Short Term Investments66 B62.9 B56.3 B
Slightly volatile
Net Receivables88.1 B83.9 B27.8 B
Slightly volatile
Common Stock Shares Outstanding20.8 B17.3 B19.4 B
Slightly volatile
Liabilities And Stockholders Equity433.8 B413.1 B309.3 B
Slightly volatile
Non Current Liabilities Total144.8 B137.9 B111.1 B
Slightly volatile
Inventory6.9 B6.6 B4.2 B
Slightly volatile
Other Current Assets17.6 B16.8 B12 B
Slightly volatile
Total Liabilities344.8 B328.3 B222.4 B
Slightly volatile
Total Current Assets178.7 B170.2 B119.2 B
Slightly volatile
Cash And Equivalents10.6 B8.8 B19.5 B
Very volatile
Property Plant Equipment73.7 B70.2 B37.5 B
Slightly volatile
Short and Long Term Debt Total135.7 B129.2 B89.7 B
Slightly volatile
Short Term Debt27.1 B25.8 B15.5 B
Slightly volatile
Accounts Payable84.4 B80.3 B48.5 B
Slightly volatile
Current Deferred Revenue10.9 B10.4 B7.6 B
Slightly volatile
Short Term Investments18.4 B24.3 B29.7 B
Pretty Stable
Property Plant And Equipment Gross152 B144.7 B85.1 B
Slightly volatile
Accumulated Depreciation87.4 B83.2 B49.7 B
Slightly volatile
Common Stock113 B107.6 B52 B
Slightly volatile
Common Stock Total Equity78.3 B74.6 B44.7 B
Slightly volatile
Other Assets87.6 B83.4 B34.8 B
Slightly volatile
Long Term Debt70.4 B90.1 B70.7 B
Slightly volatile
Good Will6.9 B6.6 B4.9 B
Slightly volatile
Intangible Assets1.7 B2.6 B2.6 B
Slightly volatile
Other Liabilities59.3 B56.5 B37.6 B
Slightly volatile
Net Tangible Assets95.6 B58.3 B82.5 B
Slightly volatile
Deferred Long Term Liabilities2.7 B3.2 B2.8 B
Slightly volatile
Long Term Investments119.4 B89.4 B116 B
Very volatile
Non Current Liabilities Other29.4 B47.8 B30.4 B
Slightly volatile
Long Term Debt Total86.9 B90.9 B72.9 B
Slightly volatile
Short and Long Term Debt19.5 B23.4 B21.2 B
Slightly volatile
Net Invested Capital152.5 B155.2 B207.1 B
Slightly volatile
Capital Stock70 B107.6 B56.9 B
Slightly volatile
Capital Surpluse77.7 B107.6 B62.7 B
Slightly volatile
Capital Lease Obligations12.9 B14.8 B11.1 B
Slightly volatile

Apple Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization14.1 B13.5 B9.9 B
Slightly volatile
Selling General Administrative33.3 B31.7 B18.9 B
Slightly volatile
Total Revenue502.5 B478.6 B289.6 B
Slightly volatile
Gross Profit235.7 B224.5 B123.8 B
Slightly volatile
Other Operating Expenses341.9 B325.6 B203.5 B
Slightly volatile
Operating Income160.7 B153 B86.1 B
Slightly volatile
EBIT160.3 B152.6 B87.8 B
Slightly volatile
EBITDA174.4 B166.1 B97.7 B
Slightly volatile
Cost Of Revenue266.8 B254.1 B165.8 B
Slightly volatile
Total Operating Expenses75 B71.5 B37.7 B
Slightly volatile
Income Before Tax160.3 B152.6 B86.7 B
Slightly volatile
Net Income135.3 B128.8 B70.5 B
Slightly volatile
Income Tax Expense25 B23.8 B16.2 B
Slightly volatile
Research Development41.7 B39.7 B18.8 B
Slightly volatile
Net Income Applicable To Common Shares135.3 B128.8 B70.6 B
Slightly volatile
Net Income From Continuing Ops135.3 B128.8 B71 B
Slightly volatile
Selling And Marketing Expenses1.2 B1.3 B1.1 B
Slightly volatile
Tax Provision18.5 B23.8 B17.9 B
Pretty Stable
Reconciled Depreciation12.4 B13.5 B11.1 B
Slightly volatile

Apple Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow119.3 B113.6 B73.5 B
Slightly volatile
Begin Period Cash Flow36.2 B34.4 B24.6 B
Slightly volatile
Depreciation14.1 B13.5 B10 B
Slightly volatile
Dividends Paid8.9 B17.7 B12 B
Slightly volatile
Capital Expenditures15.4 B14.6 B10.5 B
Slightly volatile
Total Cash From Operating Activities134.6 B128.2 B84.2 B
Slightly volatile
Net Income135.3 B128.8 B70.6 B
Slightly volatile
End Period Cash Flow43.4 B41.3 B27 B
Slightly volatile
Stock Based Compensation15.5 B14.8 B7.1 B
Slightly volatile
Issuance Of Capital Stock944.6 M1.3 B867.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.387.03285.6732
Slightly volatile
Dividend Yield0.00530.00560.0105
Slightly volatile
PTB Ratio45.5443.374833.1155
Slightly volatile
Days Sales Outstanding41.9158.075653.6876
Slightly volatile
Book Value Per Share4.143.94724.192
Very volatile
Free Cash Flow Yield0.03980.03690.0534
Slightly volatile
Operating Cash Flow Per Share7.377.02125.718
Slightly volatile
Stock Based Compensation To Revenue0.02970.02830.0229
Slightly volatile
Capex To Depreciation1.140.95141.1199
Slightly volatile
PB Ratio45.5443.374833.1155
Slightly volatile
EV To Sales7.647.2785.9098
Slightly volatile
Free Cash Flow Per Share6.646.32515.0682
Slightly volatile
ROIC0.460.43390.3643
Slightly volatile
Inventory Turnover42.9833.823648.9385
Slightly volatile
Net Income Per Share6.476.16074.855
Slightly volatile
Days Of Inventory On Hand10.2510.79137.8552
Slightly volatile
Payables Turnover5.63.42013.6824
Very volatile
Sales General And Administrative To Revenue0.0630.06640.0584
Slightly volatile
Research And Ddevelopement To Revenue0.06150.0780.0623
Slightly volatile
Capex To Revenue0.02650.02860.0378
Slightly volatile
Cash Per Share4.113.90973.0928
Slightly volatile
POCF Ratio12.9324.384819.0247
Slightly volatile
Interest Coverage34.9226.1637.6538
Slightly volatile
Payout Ratio0.150.15490.1886
Slightly volatile
Capex To Operating Cash Flow0.09420.09910.1286
Slightly volatile
PFCF Ratio28.4227.068322.3674
Slightly volatile
Days Payables Outstanding65.07107102
Pretty Stable
Income Quality0.921.13971.2674
Slightly volatile
ROE1.641.56081.2668
Slightly volatile
EV To Operating Cash Flow26.525.234820.5267
Slightly volatile
PE Ratio14.2827.790822.9927
Slightly volatile
Return On Tangible Assets0.290.27510.2379
Slightly volatile
EV To Free Cash Flow29.4128.011923.2479
Slightly volatile
Earnings Yield0.02740.0360.047
Slightly volatile
Intangibles To Total Assets0.01610.01920.0218
Pretty Stable
Current Ratio0.940.9881.153
Slightly volatile
Tangible Book Value Per Share4.143.94724.0759
Very volatile
Receivables Turnover7.896.28496.9138
Slightly volatile
Graham Number24.5623.391120.1702
Slightly volatile
Shareholders Equity Per Share4.143.94724.192
Very volatile
Debt To Equity2.091.99421.6715
Slightly volatile
Capex Per Share0.730.69610.6498
Slightly volatile
Revenue Per Share25.5624.344519.3655
Slightly volatile
Interest Debt Per Share8.538.12136.6805
Slightly volatile
Debt To Assets0.370.35150.3257
Slightly volatile
Enterprise Value Over EBITDA23.2822.170818.2071
Slightly volatile
Short Term Coverage Ratios3.756.99335.565
Slightly volatile
Price Earnings Ratio14.2827.790822.9927
Slightly volatile
Operating Cycle84.6168.866963.4517
Slightly volatile
Price Book Value Ratio45.5443.374833.1155
Slightly volatile
Days Of Payables Outstanding65.07107102
Pretty Stable
Dividend Payout Ratio0.150.15490.1886
Slightly volatile
Price To Operating Cash Flows Ratio12.9324.384819.0247
Slightly volatile
Price To Free Cash Flows Ratio28.4227.068322.3674
Slightly volatile
Pretax Profit Margin0.310.29670.2899
Slightly volatile
Ebt Per Ebit1.30.99511.0285
Pretty Stable
Operating Profit Margin0.310.29820.2879
Slightly volatile
Effective Tax Rate0.140.14720.1924
Slightly volatile
Company Equity Multiplier5.965.67354.8301
Slightly volatile
Long Term Debt To Capitalization0.640.60520.5283
Slightly volatile
Total Debt To Capitalization0.70.6660.5849
Slightly volatile
Return On Capital Employed0.580.55140.4847
Slightly volatile
Debt Equity Ratio2.091.99421.6715
Slightly volatile
Ebit Per Revenue0.310.29820.2879
Slightly volatile
Quick Ratio0.90.94441.1199
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.544.25434.1767
Very volatile
Net Income Per E B T0.570.85280.7905
Pretty Stable
Cash Ratio0.20.20620.249
Slightly volatile
Operating Cash Flow Sales Ratio0.150.28840.2834
Pretty Stable
Days Of Inventory Outstanding10.2510.79137.8552
Slightly volatile
Days Of Sales Outstanding41.9158.075653.6876
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.590.90090.8528
Very volatile
Cash Flow Coverage Ratios0.850.8920.8715
Slightly volatile
Price To Book Ratio45.5443.374833.1155
Slightly volatile
Fixed Asset Turnover13.887.04888.4347
Pretty Stable
Capital Expenditure Coverage Ratio10.5910.0878.8011
Slightly volatile
Price Cash Flow Ratio12.9324.384819.0247
Slightly volatile
Enterprise Value Multiple23.2822.170818.2071
Slightly volatile
Debt Ratio0.370.35150.3257
Slightly volatile
Cash Flow To Debt Ratio0.850.8920.8715
Slightly volatile
Price Sales Ratio7.387.03285.6732
Slightly volatile
Return On Assets0.290.27510.2367
Slightly volatile
Asset Turnover1.341.08711.0101
Slightly volatile
Net Profit Margin0.270.25310.2355
Slightly volatile
Gross Profit Margin0.410.44130.4177
Slightly volatile
Price Fair Value45.5443.374833.1155
Slightly volatile
Return On Equity1.641.56081.2668
Slightly volatile

Apple Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.1 B7.5 B61.8 B
Slightly volatile
Enterprise Value6.4 B6.7 B61.2 B
Slightly volatile

Apple Fundamental Market Drivers

Forward Price Earnings32.7869
Cash And Short Term Investments54.7 B

Apple Upcoming Events

2nd of May 2024
Upcoming Quarterly Report
View
1st of August 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
7th of November 2024
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

About Apple Financial Statements

Apple investors utilize fundamental indicators, such as revenue or net income, to predict how Apple Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue10.4 B10.9 B
Total Revenue478.6 B502.5 B
Cost Of Revenue254.1 B266.8 B
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.07  0.06 
Research And Ddevelopement To Revenue 0.08  0.06 
Capex To Revenue 0.03  0.03 
Revenue Per Share 24.34  25.56 
Ebit Per Revenue 0.30  0.31 

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When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.912
Dividend Share
1.02
Earnings Share
7.45
Revenue Per Share
27.84
Quarterly Revenue Growth
0.079
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.