Apple Financial Statements From 2010 to 2025

AAPL Stock  USD 256.48  0.21  0.08%   
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
190.7 B
Profit Margin
0.243
Market Capitalization
3.8 T
Enterprise Value Revenue
9.4518
Revenue
408.6 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 2025. 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

472.17 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 13.8 B, Interest Expense of 0.0 or Selling General Administrative of 31.5 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 Assets440.7 B419.7 B307.1 B
Slightly volatile
Other Current Liabilities60.5 B57.6 B35.3 B
Slightly volatile
Total Current Liabilities213 B202.9 B109.5 B
Slightly volatile
Total Stockholder Equity40.8 B65.5 B83.6 B
Slightly volatile
Property Plant And Equipment Net55.2 B52.5 B33.1 B
Slightly volatile
Cash36.2 B34.4 B25.2 B
Slightly volatile
Non Current Assets Total256 B243.8 B188.9 B
Slightly volatile
Cash And Short Term Investments78.7 B74.9 B57.9 B
Slightly volatile
Net Receivables80 B76.2 B24 B
Slightly volatile
Common Stock Shares Outstanding20.9 B17.7 B19.8 B
Slightly volatile
Liabilities And Stockholders Equity440.7 B419.7 B307.1 B
Slightly volatile
Non Current Liabilities Total159 B151.4 B112.3 B
Slightly volatile
Inventory8.8 B8.4 B4.3 B
Slightly volatile
Other Current Assets17.3 B16.4 B11.8 B
Slightly volatile
Total Liabilities371.9 B354.2 B221.7 B
Slightly volatile
Total Current Assets184.7 B175.9 B118.2 B
Slightly volatile
Cash And EquivalentsB3.2 B19.5 B
Very volatile
Property Plant Equipment67.5 B64.3 B35.3 B
Slightly volatile
Short and Long Term Debt Total143.8 B136.9 B89.3 B
Slightly volatile
Short Term Debt27.2 B25.9 B15 B
Slightly volatile
Accounts Payable83.3 B79.3 B47.1 B
Slightly volatile
Current Deferred Revenue10 B9.5 B7.4 B
Slightly volatile
Short Term Investments42.5 B40.5 B32.8 B
Slightly volatile
Property Plant And Equipment Gross143.8 B137 B81.6 B
Slightly volatile
Accumulated Depreciation87.4 B83.2 B48.3 B
Slightly volatile
Common Stock100.6 B95.8 B47.9 B
Slightly volatile
Common Stock Total Equity78.3 B74.6 B43.5 B
Slightly volatile
Other Assets78 B74.3 B31.3 B
Slightly volatile
Long Term Debt69.4 B98.6 B70.7 B
Slightly volatile
Good Will6.9 B6.6 B4.8 B
Slightly volatile
Intangible Assets1.7 B2.6 B2.7 B
Slightly volatile
Other Liabilities59.3 B56.5 B36.9 B
Slightly volatile
Net Tangible Assets95.6 B58.3 B84.5 B
Slightly volatile
Deferred Long Term Liabilities2.7 B3.2 B2.8 B
Slightly volatile
Long Term Investments121.5 B105.2 B119.5 B
Very volatile
Non Current Liabilities Other28.4 B42.1 B29.3 B
Slightly volatile
Long Term Debt Total86.9 B99.5 B73 B
Slightly volatile
Short and Long Term Debt14 B18.8 B20.7 B
Slightly volatile
Net Invested Capital154.3 B147.2 B208.9 B
Slightly volatile
Capital Stock65.3 B95.8 B53.6 B
Slightly volatile
Capital Surpluse72.6 B95.8 B59.7 B
Slightly volatile
Capital Lease Obligations12.9 B14.8 B11 B
Slightly volatile

Apple Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization13.8 B13.2 B9.8 B
Slightly volatile
Selling General Administrative31.5 B30 B18.1 B
Slightly volatile
Total Revenue472.2 B449.7 B278 B
Slightly volatile
Gross Profit218.2 B207.8 B117.2 B
Slightly volatile
Other Operating Expenses323.4 B308 B196.3 B
Slightly volatile
Operating Income148.8 B141.7 B81.7 B
Slightly volatile
EBIT148.8 B141.7 B83.6 B
Slightly volatile
EBITDA162.6 B154.9 B93.4 B
Slightly volatile
Cost Of Revenue254 B241.9 B160.8 B
Slightly volatile
Total Operating Expenses69.4 B66.1 B35.5 B
Slightly volatile
Income Before Tax149.1 B142 B82.5 B
Slightly volatile
Net Income113.2 B107.8 B65.3 B
Slightly volatile
Income Tax Expense35.9 B34.2 B17.2 B
Slightly volatile
Research Development37.9 B36.1 B17.3 B
Slightly volatile
Net Income Applicable To Common Shares117.1 B111.5 B66 B
Slightly volatile
Net Income From Continuing Ops59.9 B107.8 B62.4 B
Slightly volatile
Selling And Marketing Expenses1.2 B1.3 B1.1 B
Slightly volatile
Tax Provision18.1 B34.2 B18.3 B
Slightly volatile
Reconciled Depreciation12.4 B13.2 B11 B
Slightly volatile

Apple Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow131.4 B125.1 B73.4 B
Slightly volatile
Begin Period Cash Flow37.1 B35.3 B24.4 B
Slightly volatile
Depreciation13.8 B13.2 B9.8 B
Slightly volatile
Dividends Paid18.4 B17.5 B12.4 B
Slightly volatile
Capital Expenditures11.4 B10.9 B9.9 B
Slightly volatile
Total Cash From Operating Activities142.8 B136 B83.5 B
Slightly volatile
Net Income113.2 B107.8 B65.3 B
Slightly volatile
End Period Cash Flow36.2 B34.4 B25.6 B
Slightly volatile
Stock Based Compensation14.1 B13.4 B6.5 B
Slightly volatile
Issuance Of Capital Stock944.6 M1.3 B853 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.387.03285.4245
Slightly volatile
Dividend Yield0.00530.00560.0109
Slightly volatile
PTB Ratio45.5443.374833.1459
Slightly volatile
Days Sales Outstanding41.6858.075652.7601
Slightly volatile
Book Value Per Share4.143.94723.9932
Pretty Stable
Free Cash Flow Yield0.04030.03690.0559
Slightly volatile
Operating Cash Flow Per Share7.377.02125.6404
Slightly volatile
Stock Based Compensation To Revenue0.02970.02830.0223
Slightly volatile
Capex To Depreciation1.140.95141.0893
Slightly volatile
PB Ratio45.5443.374833.1459
Slightly volatile
EV To Sales7.647.2785.6688
Slightly volatile
Free Cash Flow Per Share6.646.32515.0325
Slightly volatile
ROIC0.460.43390.345
Slightly volatile
Inventory Turnover43.2933.823648.3798
Slightly volatile
Net Income Per Share6.476.16074.5171
Slightly volatile
Days Of Inventory On Hand10.2510.79138.1555
Slightly volatile
Payables Turnover5.653.42013.7039
Very volatile
Sales General And Administrative To Revenue0.0630.06640.0585
Slightly volatile
Research And Ddevelopement To Revenue0.06060.0780.0606
Slightly volatile
Capex To Revenue0.02660.02860.0375
Slightly volatile
Cash Per Share4.113.90973.131
Slightly volatile
POCF Ratio12.5224.384817.4599
Slightly volatile
Interest Coverage34.9226.1638.1908
Slightly volatile
Payout Ratio0.150.15490.1949
Slightly volatile
Capex To Operating Cash Flow0.09420.09910.1253
Slightly volatile
PFCF Ratio28.4227.068320.5312
Slightly volatile
Days Payables Outstanding64.31107101
Pretty Stable
Income Quality0.921.13971.3177
Slightly volatile
ROE1.641.56081.2669
Slightly volatile
EV To Operating Cash Flow26.525.234819.043
Slightly volatile
PE Ratio13.9527.790822.6776
Slightly volatile
Return On Tangible Assets0.290.27510.2264
Slightly volatile
EV To Free Cash Flow29.4128.011921.4194
Slightly volatile
Earnings Yield0.02740.0360.0477
Slightly volatile
Intangibles To Total Assets0.01610.01920.0218
Pretty Stable
Current Ratio0.940.9881.166
Slightly volatile
Tangible Book Value Per Share4.143.94723.8698
Pretty Stable
Receivables Turnover7.936.28497.0168
Slightly volatile
Graham Number24.5623.391118.8472
Slightly volatile
Shareholders Equity Per Share4.143.94723.9932
Pretty Stable
Debt To Equity2.091.99421.7515
Slightly volatile
Capex Per Share0.730.69610.6079
Slightly volatile
Revenue Per Share25.5624.344518.5415
Slightly volatile
Interest Debt Per Share8.538.12136.6584
Slightly volatile
Debt To Assets0.370.35150.3282
Slightly volatile
Enterprise Value Over EBITDA23.2822.170817.6122
Slightly volatile
Short Term Coverage Ratios3.746.99335.6889
Pretty Stable
Price Earnings Ratio13.9527.790822.6776
Slightly volatile
Operating Cycle84.768.866962.9636
Slightly volatile
Price Book Value Ratio45.5443.374833.1459
Slightly volatile
Days Of Payables Outstanding64.31107101
Pretty Stable
Dividend Payout Ratio0.150.15490.1949
Slightly volatile
Price To Operating Cash Flows Ratio12.5224.384817.4599
Slightly volatile
Price To Free Cash Flows Ratio28.4227.068320.5312
Slightly volatile
Pretax Profit Margin0.310.29670.2877
Slightly volatile
Ebt Per Ebit1.30.99511.031
Pretty Stable
Operating Profit Margin0.310.29820.2853
Slightly volatile
Effective Tax Rate0.140.14720.2053
Slightly volatile
Company Equity Multiplier5.965.67355.0195
Slightly volatile
Long Term Debt To Capitalization0.640.60520.5398
Slightly volatile
Total Debt To Capitalization0.70.6660.5928
Slightly volatile
Return On Capital Employed0.580.55140.4678
Slightly volatile
Debt Equity Ratio2.091.99421.7515
Slightly volatile
Ebit Per Revenue0.310.29820.2853
Slightly volatile
Quick Ratio0.90.94441.1322
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.554.25434.2943
Very volatile
Net Income Per E B T0.570.85280.7766
Very volatile
Cash Ratio0.20.20620.2478
Slightly volatile
Operating Cash Flow Sales Ratio0.150.28840.2887
Pretty Stable
Days Of Inventory Outstanding10.2510.79138.1555
Slightly volatile
Days Of Sales Outstanding41.6858.075652.7601
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.580.90090.8544
Very volatile
Cash Flow Coverage Ratios0.850.8920.8642
Slightly volatile
Price To Book Ratio45.5443.374833.1459
Slightly volatile
Fixed Asset Turnover14.057.04888.7641
Pretty Stable
Capital Expenditure Coverage Ratio10.5910.0879.2719
Slightly volatile
Price Cash Flow Ratio12.5224.384817.4599
Slightly volatile
Enterprise Value Multiple23.2822.170817.6122
Slightly volatile
Debt Ratio0.370.35150.3282
Slightly volatile
Cash Flow To Debt Ratio0.850.8920.8642
Slightly volatile
Price Sales Ratio7.387.03285.4245
Slightly volatile
Return On Assets0.290.27510.2251
Slightly volatile
Asset Turnover1.341.08710.9899
Slightly volatile
Net Profit Margin0.270.25310.2297
Slightly volatile
Gross Profit Margin0.410.44130.4136
Slightly volatile
Price Fair Value45.5443.374833.1459
Slightly volatile
Return On Equity1.641.56081.2669
Slightly volatile

Apple Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.1 B7.5 B65.2 B
Slightly volatile
Enterprise Value6.4 B6.7 B64.6 B
Slightly volatile

Apple Fundamental Market Drivers

Forward Price Earnings32.0513
Cash And Short Term Investments65.2 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 Revenue9.5 B10 B
Total Revenue449.7 B472.2 B
Cost Of Revenue241.9 B254 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
0.121
Dividend Share
1.01
Earnings Share
6.59
Revenue Per Share
27.173
Quarterly Revenue Growth
0.096
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.