Apple Inc. logo AAPL - Apple Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 67
HOLD 34
SELL 7
STRONG
SELL
0
| PRICE TARGET: $299.08 DETAILS
HIGH: $350.00
LOW: $220.00
MEDIAN: $312.50
CONSENSUS: $299.08
UPSIDE: 17.05%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue 416,161.0 391,035.0 383,285.0 394,328.0 365,817.0 274,515.0 260,174.0 265,595.0 229,234.0 215,639.0
Cost of Revenue 220,960.0 210,352.0 214,137.0 223,546.0 212,981.0 169,559.0 161,782.0 163,756.0 141,048.0 131,376.0
Gross Profit 195,201.0 180,683.0 169,148.0 170,782.0 152,836.0 104,956.0 98,392.0 101,839.0 88,186.0 84,263.0
Operating Expenses
R&D Expenses 34,550.0 31,370.0 29,915.0 26,251.0 21,914.0 18,752.0 16,217.0 14,236.0 11,581.0 10,045.0
SG&A Expenses 27,601.0 26,097.0 24,932.0 25,094.0 21,973.0 19,916.0 18,245.0 16,705.0 15,261.0 14,194.0
Other Expenses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Operating Expenses 62,151.0 57,467.0 54,847.0 51,345.0 43,887.0 38,668.0 34,462.0 30,941.0 26,842.0 24,239.0
Operating Income
Operating Income 133,050.0 123,216.0 114,301.0 119,437.0 108,949.0 66,288.0 63,930.0 70,898.0 61,344.0 60,024.0
Interest Expense 0.0 0.0 3,933.0 2,931.0 2,645.0 2,873.0 3,576.0 3,240.0 2,323.0 1,456.0
Interest Income 0.0 0.0 3,750.0 2,825.0 2,843.0 3,763.0 4,961.0 5,686.0 5,201.0 3,999.0
Profitability
EBITDA 144,427.0 134,661.0 125,820.0 133,138.0 123,136.0 81,020.0 81,860.0 87,046.0 76,569.0 73,333.0
EBIT 132,729.0 123,216.0 114,301.0 122,034.0 111,852.0 69,964.0 69,313.0 76,143.0 66,412.0 62,828.0
Income Before Tax 132,729.0 123,485.0 113,736.0 119,103.0 109,207.0 67,091.0 65,737.0 72,903.0 64,089.0 61,372.0
Income Tax Expense 20,719.0 29,749.0 16,741.0 19,300.0 14,527.0 9,680.0 10,481.0 13,372.0 15,738.0 15,685.0
Net Income 112,010.0 93,736.0 96,995.0 99,803.0 94,680.0 57,411.0 55,256.0 59,531.0 48,351.0 45,687.0
Per Share Data
EPS (Basic) 7.49 6.11 6.16 6.15 5.67 3.31 2.99 3.00 2.32 2.09
EPS (Diluted) 7.46 6.08 6.13 6.11 5.61 3.28 2.97 2.98 2.30 2.08
Shares Outstanding 14,948.5 15,343.8 15,744.2 16,216.0 16,701.3 17,352.1 18,471.3 19,821.5 20,869.0 21,883.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 35,934.0 29,943.0 29,965.0 23,646.0 34,940.0 38,016.0 48,844.0 25,913.0 20,289.0 20,484.0
Short-Term Investments 18,763.0 35,228.0 31,590.0 24,658.0 27,699.0 52,927.0 51,713.0 40,388.0 53,892.0 46,671.0
Net Receivables 72,957.0 66,243.0 60,985.0 60,932.0 51,506.0 37,445.0 45,804.0 48,995.0 35,673.0 29,299.0
Inventory 5,718.0 7,286.0 6,331.0 4,946.0 6,580.0 4,061.0 4,106.0 3,956.0 4,855.0 2,132.0
Other Current Assets 14,585.0 14,287.0 14,695.0 21,223.0 14,111.0 11,264.0 12,352.0 12,087.0 13,936.0 8,283.0
Total Current Assets 147,957.0 152,987.0 143,566.0 135,405.0 134,836.0 143,713.0 162,819.0 131,339.0 128,645.0 106,869.0
Non-Current Assets
Property, Plant & Equipment 49,834.0 45,680.0 54,376.0 52,534.0 49,527.0 45,336.0 37,378.0 41,304.0 33,783.0 27,010.0
Goodwill 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5,717.0 5,414.0
Intangible Assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2,298.0 3,206.0
Long-Term Investments 77,723.0 91,479.0 100,544.0 120,805.0 127,877.0 100,887.0 105,341.0 170,799.0 194,714.0 170,430.0
Other Non-Current Assets 62,950.0 55,335.0 36,245.0 28,636.0 38,762.0 33,952.0 32,978.0 22,283.0 18,177.0 8,757.0
Total Non-Current Assets 211,284.0 211,993.0 209,017.0 217,350.0 216,166.0 180,175.0 175,697.0 234,386.0 246,674.0 214,817.0
Total Assets 359,241.0 364,980.0 352,583.0 352,755.0 351,002.0 323,888.0 338,516.0 365,725.0 375,319.0 321,686.0
Current Liabilities
Account Payables 69,860.0 68,960.0 62,611.0 64,115.0 54,763.0 42,296.0 46,236.0 55,888.0 44,242.0 37,294.0
Short-Term Debt 20,329.0 20,879.0 15,807.0 21,110.0 15,613.0 13,769.0 16,240.0 20,748.0 18,473.0 11,605.0
Deferred Revenue 9,055.0 8,249.0 8,061.0 7,912.0 7,612.0 6,643.0 5,522.0 5,966.0 7,548.0 8,080.0
Other Current Liabilities 44,452.0 50,071.0 48,435.0 52,630.0 45,965.0 41,224.0 37,720.0 33,327.0 4,807.0 163.0
Total Current Liabilities 165,631.0 176,392.0 145,308.0 153,982.0 125,481.0 105,392.0 105,718.0 115,929.0 100,814.0 79,006.0
Non-Current Liabilities
Long-Term Debt 78,328.0 85,750.0 95,281.0 98,959.0 109,106.0 98,667.0 91,807.0 93,735.0 97,207.0 75,427.0
Deferred Tax Liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 426.0 31,504.0 26,019.0
Other Non-Current Liabilities 41,549.0 35,090.0 38,581.0 38,394.0 43,050.0 46,108.0 50,503.0 45,691.0 8,911.0 10,055.0
Total Non-Current Liabilities 119,877.0 131,638.0 145,129.0 148,101.0 162,431.0 153,157.0 142,310.0 142,649.0 140,458.0 114,431.0
Total Liabilities 285,508.0 308,030.0 290,437.0 302,083.0 287,912.0 258,549.0 248,028.0 258,578.0 241,272.0 193,437.0
Stockholders' Equity
Common Stock 93,568.0 83,276.0 73,812.0 64,849.0 57,365.0 50,779.0 45,174.0 40,201.0 35,867.0 31,251.0
Retained Earnings (14,264.0) (19,154.0) (214.0) (3,068.0) 5,562.0 14,966.0 45,898.0 70,400.0 98,330.0 96,364.0
Accumulated Other Comprehensive Income (5,571.0) (7,172.0) (11,452.0) (11,109.0) 163.0 (406.0) (584.0) (3,454.0) (150.0) 634.0
Total Stockholders' Equity 73,733.0 56,950.0 62,146.0 50,672.0 63,090.0 65,339.0 90,488.0 107,147.0 134,047.0 128,249.0
Total Liabilities & Equity 359,241.0 364,980.0 352,583.0 352,755.0 351,002.0 323,888.0 338,516.0 365,725.0 375,319.0 321,686.0
Debt Metrics
Total Debt 98,657.0 119,059.0 123,930.0 132,480.0 136,522.0 122,278.0 108,047.0 114,483.0 115,680.0 87,032.0
Net Debt 62,723.0 89,116.0 93,965.0 108,834.0 101,582.0 84,262.0 59,203.0 88,570.0 95,391.0 66,548.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 112,010.0 93,736.0 96,995.0 99,803.0 94,680.0 57,411.0 55,256.0 59,531.0 48,351.0 45,687.0
Depreciation & Amortization 11,698.0 11,445.0 11,519.0 11,104.0 11,284.0 11,056.0 12,547.0 10,903.0 10,157.0 10,505.0
Stock-Based Compensation 12,863.0 11,688.0 10,833.0 9,038.0 7,906.0 6,829.0 6,068.0 5,340.0 4,840.0 4,210.0
Change in Working Capital (25,000.0) 3,651.0 (6,577.0) 1,200.0 (4,911.0) 5,690.0 (3,488.0) 34,694.0 (4,923.0) 405.0
Other Non-Cash Items (89.0) (2,266.0) (2,227.0) 111.0 (147.0) (97.0) (652.0) (444.0) (166.0) 486.0
Operating Cash Flow 111,482.0 118,254.0 110,543.0 122,151.0 104,038.0 80,674.0 69,391.0 77,434.0 64,225.0 66,231.0
Investing Activities
Capital Expenditure (12,715.0) (9,447.0) (10,959.0) (10,708.0) (11,085.0) (7,309.0) (10,495.0) (13,313.0) (12,795.0) (13,548.0)
Acquisitions 0.0 0.0 0.0 (306.0) (33.0) (1,524.0) (624.0) (721.0) (329.0) (297.0)
Purchases of Investments (24,407.0) (48,656.0) (29,513.0) (76,923.0) (109,558.0) (114,938.0) (40,631.0) (73,227.0) (160,007.0) (143,816.0)
Sales/Maturities of Investments 53,797.0 62,346.0 45,514.0 67,363.0 106,483.0 120,391.0 98,724.0 104,072.0 126,465.0 111,794.0
Other Investing Activities (1,480.0) (1,308.0) (1,337.0) (1,780.0) (352.0) (909.0) (1,078.0) (745.0) (124.0) (924.0)
Investing Cash Flow 15,195.0 2,935.0 3,705.0 (22,354.0) (14,545.0) (4,289.0) 45,896.0 16,066.0 (46,446.0) (45,977.0)
Financing Activities
Net Debt Issuance (8,483.0) (5,998.0) (9,901.0) (123.0) 12,665.0 2,499.0 (7,819.0) 432.0 25,162.0 22,057.0
Stock Repurchased (90,711.0) (94,949.0) (77,550.0) (89,402.0) (85,971.0) (72,358.0) (66,897.0) (72,738.0) (32,900.0) (29,722.0)
Dividends Paid (15,421.0) (15,234.0) (15,025.0) (14,841.0) (14,467.0) (14,081.0) (14,119.0) (13,712.0) (12,769.0) (12,150.0)
Other Financing Activities (6,071.0) (5,802.0) (6,012.0) (6,383.0) (6,685.0) (3,760.0) (2,922.0) (2,527.0) 4,407.0 495.0
Financing Cash Flow (120,686.0) (121,983.0) (108,488.0) (110,749.0) (93,353.0) (86,820.0) (90,976.0) (87,876.0) (17,974.0) (20,890.0)
Cash Position
Net Change in Cash 5,991.0 (794.0) 5,760.0 (10,952.0) (3,860.0) (10,435.0) 24,311.0 5,624.0 (195.0) (636.0)
Cash at Beginning 29,943.0 30,737.0 24,977.0 35,929.0 39,789.0 50,224.0 25,913.0 20,289.0 20,484.0 21,120.0
Cash at End 35,934.0 29,943.0 30,737.0 24,977.0 35,929.0 39,789.0 50,224.0 25,913.0 20,289.0 20,484.0
Free Cash Flow 98,767.0 108,807.0 99,584.0 111,443.0 92,953.0 73,365.0 58,896.0 64,121.0 51,430.0 52,683.0
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Income Statement
Revenue 416,161.0 391,035.0 383,285.0 394,328.0 365,817.0 274,515.0 260,174.0 265,595.0 229,234.0 215,639.0
Gross Profit 195,201.0 180,683.0 169,148.0 170,782.0 152,836.0 104,956.0 98,392.0 101,839.0 88,186.0 84,263.0
Operating Income 133,050.0 123,216.0 114,301.0 119,437.0 108,949.0 66,288.0 63,930.0 70,898.0 61,344.0 60,024.0
Net Income 112,010.0 93,736.0 96,995.0 99,803.0 94,680.0 57,411.0 55,256.0 59,531.0 48,351.0 45,687.0
EPS (Diluted) 7.46 6.08 6.13 6.11 5.61 3.28 2.97 2.98 2.30 2.08
Balance Sheet
Cash & Equivalents 35,934.0 29,943.0 29,965.0 23,646.0 34,940.0 38,016.0 48,844.0 25,913.0 20,289.0 20,484.0
Total Assets 359,241.0 364,980.0 352,583.0 352,755.0 351,002.0 323,888.0 338,516.0 365,725.0 375,319.0 321,686.0
Total Debt 98,657.0 119,059.0 123,930.0 132,480.0 136,522.0 122,278.0 108,047.0 114,483.0 115,680.0 87,032.0
Stockholders' Equity 73,733.0 56,950.0 62,146.0 50,672.0 63,090.0 65,339.0 90,488.0 107,147.0 134,047.0 128,249.0
Cash Flow
Operating Cash Flow 111,482.0 118,254.0 110,543.0 122,151.0 104,038.0 80,674.0 69,391.0 77,434.0 64,225.0 66,231.0
Capital Expenditure (12,715.0) (9,447.0) (10,959.0) (10,708.0) (11,085.0) (7,309.0) (10,495.0) (13,313.0) (12,795.0) (13,548.0)
Free Cash Flow 98,767.0 108,807.0 99,584.0 111,443.0 92,953.0 73,365.0 58,896.0 64,121.0 51,430.0 52,683.0