Total Valuation
Apple has a market cap or net worth of $3.29 trillion. The enterprise value is $3.24 trillion.
| Market Cap | 3.29T |
| Enterprise Value | 3.24T |
Important Dates
The next estimated earnings date is Thursday, October 31, 2024, after market close.
| Earnings Date | Oct 31, 2024 |
| Ex-Dividend Date | Aug 12, 2024 |
Share Statistics
Apple has 15.20 billion shares outstanding. The number of shares has decreased by -2.57% in one year.
| Shares Outstanding | 15.20B |
| Shares Change (YoY) | -2.57% |
| Shares Change (QoQ) | -0.75% |
| Owned by Insiders (%) | 0.06% |
| Owned by Institutions (%) | 59.78% |
| Float | 15.18B |
Valuation Ratios
The trailing PE ratio is 32.94 and the forward PE ratio is 29.89. Apple's PEG ratio is 3.46.
| PE Ratio | 32.94 |
| Forward PE | 29.89 |
| PS Ratio | 8.67 |
| Forward PS | 7.90 |
| PB Ratio | 49.36 |
| P/FCF Ratio | 31.52 |
| PEG Ratio | 3.46 |
Financial Ratio History
Enterprise Valuation
The stock's EV/EBITDA ratio is 24.57, with an EV/FCF ratio of 31.03.
| EV / Earnings | 31.75 |
| EV / Sales | 8.40 |
| EV / EBITDA | 24.57 |
| EV / EBIT | 26.84 |
| EV / FCF | 31.03 |
Financial Position
The company has a current ratio of 0.95, with a Debt / Equity ratio of 1.52.
| Current Ratio | 0.95 |
| Quick Ratio | 0.80 |
| Debt / Equity | 1.52 |
| Debt / EBITDA | 0.69 |
| Debt / FCF | 0.97 |
| Interest Coverage | 30.66 |
Financial Efficiency
Return on equity (ROE) is 160.58% and return on invested capital (ROIC) is 44.66%.
| Return on Equity (ROE) | 160.58% |
| Return on Assets (ROA) | 22.61% |
| Return on Capital (ROIC) | 44.66% |
| Revenue Per Employee | $2.40M |
| Profits Per Employee | $633,267 |
| Employee Count | 161,000 |
| Asset Turnover | 1.16 |
| Inventory Turnover | 30.83 |
Taxes
In the past 12 months, Apple has paid $18.92 billion in taxes.
| Income Tax | 18.92B |
| Effective Tax Rate | 15.65% |
Stock Price Statistics
The stock price has increased by +21.55% in the last 52 weeks. The beta is 1.24, so Apple's price volatility has been higher than the market average.
| Beta (5Y) | 1.24 |
| 52-Week Price Change | +21.55% |
| 50-Day Moving Average | 222.89 |
| 200-Day Moving Average | 195.68 |
| Relative Strength Index (RSI) | 39.05 |
| Average Volume (20 Days) | 43,603,029 |
Short Selling Information
The latest short interest is 135.04 million, so 0.89% of the outstanding shares have been sold short.
| Short Interest | 135.04M |
| Short Previous Month | 121.60M |
| Short % of Shares Out | 0.89% |
| Short % of Float | 0.89% |
| Short Ratio (days to cover) | 2.67 |
Income Statement
In the last 12 months, Apple had revenue of $385.60 billion and earned $101.96 billion in profits. Earnings per share was $6.57.
| Revenue | 385.60B |
| Gross Profit | 177.23B |
| Operating Income | 120.59B |
| Pretax Income | 120.87B |
| Net Income | 101.96B |
| EBITDA | 131.78B |
| EBIT | 120.59B |
| Earnings Per Share (EPS) | $6.57 |
Full Income Statement
Balance Sheet
Apple has $61.80 billion in cash and marketable securities with $101.30 billion in debt, giving a net cash position of $51.74 billion or $3.40 per share.
| Cash & Marketable Securities | 61.80B |
| Total Debt | 101.30B |
| Net Cash | 51.74B |
| Net Cash Per Share | $3.40 |
| Equity (Book Value) | 66.71B |
| Book Value Per Share | 4.38 |
| Working Capital | -6.19B |
Full Balance Sheet
Cash Flow
In the last 12 months, operating cash flow was $113.04 billion and capital expenditures -$8.70 billion, giving a free cash flow of $104.34 billion.
| Operating Cash Flow | 113.04B |
| Capital Expenditures | -8.70B |
| Free Cash Flow | 104.34B |
| FCF Per Share | $6.86 |
Full Cash Flow Statement
Margins
Gross margin is 45.96%, with operating and profit margins of 31.27% and 26.44%.
| Gross Margin | 45.96% |
| Operating Margin | 31.27% |
| Pretax Margin | 31.35% |
| Profit Margin | 26.44% |
| EBITDA Margin | 34.18% |
| EBIT Margin | 31.27% |
| FCF Margin | 27.06% |
Dividends & Yields
This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 0.46%.
| Dividend Per Share | $1.00 |
| Dividend Yield | 0.46% |
| Dividend Growth (YoY) | 4.26% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 15.23% |
| Buyback Yield | 2.57% |
| Shareholder Yield | 3.03% |
| Earnings Yield | 3.10% |
| FCF Yield | 3.17% |
Dividend Details
Analyst Forecast
The average price target for Apple is $242.21, which is 11.97% higher than the current price. The consensus rating is "Buy".
| Price Target | $242.21 |
| Price Target Difference | 11.97% |
| Analyst Consensus | Buy |
| Analyst Count | 31 |
| Revenue Growth Forecast (5Y) | 6.56% |
| EPS Growth Forecast (5Y) | 13.18% |
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 |
Scores
Apple has an Altman Z-Score of 8.79 and a Piotroski F-Score of 7.
| Altman Z-Score | 8.79 |
| Piotroski F-Score | 7 |
