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Apple Inc.
NasdaqGS · CIK 320193
Last close333.69
Daily change+3.37 (1.02%)
10 Years gain+1116.73%
Dividends TTM1.06 (+3.92%)
Dividend yield0.32%
Fundamental Analysis
AAPL · STANDARD
SIC 3571 · Electronic Computers · Fiscal year end 0926
Fundamental
76.0Momentum
55.7Acceleration
67.1Confidence
100.0Annual Revenue19
Quarterly Revenue83
Annual CFO18
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth13.5 / 25
Quality19.5 / 25
Capital Efficiency19.9 / 20
Balance Sheet11.3 / 15
Shareholder Economics8.8 / 10
Forward Indicators3.0 / 5
Signals
Gross margin expansionGross margin improved by 1.8213 percentage points.
Operating leverageOperating margin improved by 1.1409 percentage points.
FCF growthFree cash flow grew 41.2744%.
ROIC expansionROIC improved by 6.8181 percentage points.
Net debt reductionNet debt declined versus the comparison period.
Share count reductionDiluted share count declined 2.2679%.
Strong operating leverageOperating income is growing faster than revenue while operating margin expands.
Warnings
Inventory anomaly · MEDIUMInventory growth is materially above revenue growth.
Key Metrics
Revenue Growth TTM15.7%OK
Revenue CAGR 3Y1.81%OK
Gross Margin48.54%OK
Operating Margin32.86%OK
FCF Margin29.36%OK
FCF Growth41.27%OK
ROIC104.65%OK
Incremental Operating Margin 3Y48.72%OK
Net Debt / CFO0.14xOK
Diluted Share Growth 1Y-2.27%OK
SBC / Revenue2.99%OK
SBC / FCF10.17%OK
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Sep 27, 2025 | $416.16B | $195.20B | $133.05B | $111.48B | $98.77B | 46.91% | 31.97% | 23.73% | 113.33% | 15B |
| 2025 FY Sep 28, 2024 | $391.04B | $180.68B | $123.22B | $118.25B | $108.81B | 46.21% | 31.51% | 27.83% | 96.36% | 15.41B |
| 2025 FY Sep 30, 2023 | $383.29B | $169.15B | $114.30B | $110.54B | $99.58B | 44.13% | 29.82% | 25.98% | 89.37% | 15.81B |
| 2024 FY Sep 24, 2022 | $394.33B | $170.78B | $119.44B | $122.15B | $111.44B | 43.31% | 30.29% | 28.26% | 86.42% | 16.33B |
| 2023 FY Sep 25, 2021 | $365.82B | $152.84B | $108.95B | $104.04B | $92.95B | 41.78% | 29.78% | 25.41% | 93.98% | 16.86B |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $458.39B | sum latest 4 fiscal quarters Revenue | OK | 0000320193-26-000020, 0000320193-26-000006 |
| Revenue Growth TTM | 15.7% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0000320193-26-000020, 0000320193-26-000006 |
| Revenue CAGR 3Y | 1.81% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0000320193-25-000079 |
| Revenue CAGR 5Y | 8.68% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0000320193-25-000079 |
| Gross Profit CAGR 3Y | 4.56% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0000320193-25-000079 |
| Operating Income Growth | 19.86% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0000320193-26-000020, 0000320193-26-000006 |
| FCF Growth | 41.27% | FCF_current / FCF_prior_year - 1 | OK | 0000320193-26-000020, 0000320193-26-000013 |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 48.54% | Gross Profit / Revenue | OK | 0000320193-26-000020, 0000320193-26-000006 |
| Operating Margin | 32.86% | Operating Income / Revenue | OK | 0000320193-26-000020, 0000320193-26-000006 |
| FCF Margin | 29.36% | (CFO - CapEx) / Revenue | OK | 0000320193-26-000020, 0000320193-26-000013 |
| CFO / Net Income | 1.16x | CFO / Net Income | OK | 0000320193-26-000020, 0000320193-26-000013 |
| FCF / Net Income | 1.08x | FCF / Net Income | OK | 0000320193-26-000020, 0000320193-26-000013 |
| ROIC | 104.65% | NOPAT / Average Invested Capital | OK | 0000320193-26-000020, 0000320193-26-000006 |
| Net Debt / CFO | 0.14x | Net Debt / CFO | OK | 0000320193-26-000020, 0000320193-26-000013 |