Apple (AAPL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Apple

NasdaqGS•Technology•Consumer Electronics

$336.13-0.87(<0.01%)After hours

Market Cap

$4.94T

P/E

38.3x

P/S

10.6x

P/B

45.9x

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allows customers to discover and download applications and digital content, such as books, music, video, games, and podcasts, as well as advertising services include third-party licensing arrangements and its own advertising platforms. In addition, the company offers various subscription-based services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV, which offers original content and live sports; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers and resellers. The company was formerly known as Apple Computer, Inc. and changed its name to Apple Inc. in January 2007. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.

How this company scores

ExcellentMetricSide Score: 90/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (17/25).

Profitability25/25

Growth23/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 38.3x5y range 21.7x – 40.1x

Currently above its 20-quarter median.

P/S · 10.6x5y range 5.3x – 10.6x

Currently above its 20-quarter median.

P/B · 45.9x5y range 34.3x – 60.7x

Currently near its 20-quarter median.

Price & Volume

Market Cap $4.94T

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $466.82B
Q. Revenue: $109.42B
TTM EBITDA: $167.96B
TTM Op. Income: $154.86B
Q. Op. Income: $35.70B
TTM Net Income: $128.93B
Q. Net Income: $29.79B
EPS: $2.03
Shares Out.: $14.66B

$466.82B in TTM revenue grew 14.2% YoY, reaching $109.42B last quarter. TTM EBITDA of $167.96B and TTM operating income of $154.86B show growth is flowing through to the bottom line. TTM net income of $128.93B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 50.1%
EBITDA Margin: 35.7%
Op. Margin: 32.6%
Net Margin: 27.2%

Op. margin of 32.6% is up 2.6% YoY — cost efficiency is improving. Net margin at 27.2% and gross margin of 50.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 9% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 38.3x
P/S Ratio: 10.6x
P/B Ratio: 45.9x

At 38.3x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 10.6x and P/B of 45.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 27% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $383.27B
Cash: $39.54B
Long-Term Debt: $71.34B
Book Value: $107.52B
D/E Ratio: 0.7
Debt/EBITDA: 1.8

With $383.27B in assets and $71.34B in long-term debt, D/E is 0.7and book value is $107.52B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 4 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $34.37B
TTM Free Cash Flow: $136.68B
FCF Margin: 29.3%
FCF / Net Income: 1.1

TTM FCF of $136.68B on $34.37B in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.