Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises of China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, Apple Care, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA.
Highlights
AAPL's EPS is up by 12% year-on-year and by 3.2% since the previous quarter
The gross profit has increased by 7% YoY and by 2.4% QoQ
AAPL's P/E is 103% above its 5-year quarterly average of 16.2 and 52% above its last 4 quarters average of 21.7
AAPL's equity is down by 25% year-on-year and by 8% since the previous quarter
Key stats
What are the main financial stats of AAPL
Market
Shares outstanding
4.28B
Market cap
$1.87T
Enterprise value
$1.95T
Valuations
Price to earnings (P/E)
32.94
Price to book (P/B)
26.23
Price to sales (P/S)
6.89
EV/EBIT
28.54
EV/EBITDA
24.42
EV/Sales
7.12
Earnings
Revenue
$273.86B
EBIT
$68.32B
EBITDA
$79.85B
Free cash flow
$71.71B
Per share
EPS
$13.28
Free cash flow per share
$16.63
Book value per share
$16.68
Revenue per share
$63.5
TBVPS
$73.59
Balance sheet
Total assets
$317.34B
Total liabilities
$245.06B
Debt
$112.72B
Equity
$72.28B
Working capital
$44.75B
Liquidity
Debt to equity
1.56
Current ratio
1.47
Quick ratio
1.31
Net debt/EBITDA
0.99
Margins
EBITDA margin
29.2%
Gross margin
38.2%
Net margin
21.3%
Operating margin
24.5%
Efficiency
Return on assets
17.7%
Return on equity
70.7%
Return on invested capital
22.9%
Return on capital employed
30.8%
Return on sales
24.9%
Dividend
Dividend yield
0.73%
DPS
$3.18
Payout ratio
23.9%
AAPL stock price
How has the Apple stock price performed over time
Financial performance
How have Apple's revenue and profit performed over time
Revenue
$273.86B
Gross profit
$104.58B
Operating income
$67.14B
Net income
$58.42B
Gross margin
38.2%
Net margin
21.3%
The gross profit has increased by 7% YoY and by 2.4% QoQ
The revenue has grown by 6% year-on-year and by 2.2% since the previous quarter
The company's net income rose by 4.9% YoY and by 2.1% QoQ
Apple's operating income has increased by 4.2% YoY and by 2.4% QoQ
Valuation
What is Apple stock price valuation
P/E
32.94
P/B
26.23
P/S
6.89
EV/EBIT
28.54
EV/EBITDA
24.42
EV/Sales
7.12
AAPL's P/E is 103% above its 5-year quarterly average of 16.2 and 52% above its last 4 quarters average of 21.7
AAPL's EPS is up by 12% year-on-year and by 3.2% since the previous quarter
The P/B is 74% above the last 4 quarters average of 15.1
AAPL's equity is down by 25% year-on-year and by 8% since the previous quarter
AAPL's price to sales (P/S) is 103% higher than its 5-year quarterly average of 3.4 and 50% higher than its last 4 quarters average of 4.6
The revenue has grown by 6% year-on-year and by 2.2% since the previous quarter
Efficiency
How efficient is Apple business performance
Apple's return on equity has increased by 36% YoY and by 10% QoQ
The ROIC has grown by 12% YoY
The ROA is up by 11% YoY and by 2.3% from the previous quarter
AAPL's return on sales is down by 2.4% year-on-year
Dividends
What is AAPL's dividend history
DPS
$3.18
Dividend yield
0.73%
Payout ratio
23.9%
Recent dividends
Financial health
How did Apple financials performed over time
The total assets is 30% greater than the total liabilities
The current ratio has contracted by 2% from the previous quarter and by 2% YoY
AAPL's debt is 56% greater than its equity
Apple's debt to equity has increased by 39% YoY and by 11% from the previous quarter
AAPL's equity is down by 25% year-on-year and by 8% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.