Frontierby eninvs

Language: EN / RU

← Region

Apple Inc. (AAPL) USD

Consumer electronics and software—iPhone, Mac, iPad, wearables, and services ecosystem.

At a glance: strengths & risks
✓Revenue growing (+16% y/y, Q3 2026)✓Profit growing (+27% y/y, Q3 2026)✓Margins improving (33%→36%, Q3 2026)✓Low leverage (0.4x EBITDA)

Sector: Technology

US_AAPL

Price chart

347.73 USDDay -0.14%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
347.73 USD · -0.14%
Market cap
5137.0 bn USD

Growth

Δ revenue y/y
16.4%
Δ EBITDA y/y
25.7%

Multiples

P/E (LTM)
39.8x
3y avg: 34.4x
P/B (FY)
—
P/E (ann.)
43.1x
EV/EBITDA (LTM)
30.1x
3y avg: 26.2x
EV/EBITDA (ann.)
32.4x

Cash return

Dividend yield
0.3%
FCF yield (LTM)
2.6%

Value creation

fundamental value/yr, % of market cap
Value created / year
+17.6%
↓ details

Liquidity

Daily turnover (US listing)
13.7 bln USD

Shares: yahoo_fundamentals_timeseries/AAPL

Financial results

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-06-27Q2 2026 (3M)OK109.4
y/y 16.4%
35.7
y/y 26.6%
3.3
y/y 17.3%
39.0
y/y 25.7%
29.8
y/y 27.1%
34.4-2.5383.3
y/y 15.6%
107.5
y/y 63.3%
37.1%-85.0SEC EDGAR
2026-03-28Q1 2026 (3M)OK111.2
y/y 16.6%
35.9
y/y 21.3%
3.4
y/y 29.2%
39.3
y/y 21.9%
29.6
y/y 19.4%
28.7-2.0371.1
y/y 12.0%
106.5
y/y 59.4%
121.5%16.2Link
2025-12-27Q4 2025 (3M)OK143.8
y/y 15.7%
50.9
y/y 18.7%
3.2
y/y 4.4%
54.1
y/y 17.8%
42.1
y/y 15.9%
53.9-2.4379.3
y/y 10.2%
88.2
y/y 32.1%
208.0%23.6Link
2025-09-27Q3 2025 (3M)OK102.5
y/y 7.9%
32.4
y/y 9.6%
3.1
y/y 7.4%
35.6
y/y 9.4%
27.5
y/y 86.4%
29.7-3.2359.2
y/y -1.6%
73.7
y/y 29.5%
160.5%57.7Link
2025-06-28Q2 2025 (3M)OK94.0
y/y 9.6%
28.2
y/y 11.2%
2.8
y/y -0.7%
31.0
y/y 10.0%
23.4
y/y 9.3%
27.9-3.5331.5
y/y -0.0%
65.8
y/y -1.3%
47.1%46.3Link
2025-03-29Q1 2025 (3M)OK95.4
y/y 5.1%
29.6
y/y 6.1%
2.7
y/y -6.2%
32.2
y/y 4.9%
24.8
y/y 4.8%
24.0-3.1331.2
y/y -1.8%
66.8
y/y -10.0%
148.4%49.7Link
2024-12-28Q4 2024 (3M)OK124.3
y/y 4.0%
42.8
y/y 6.1%
3.1
y/y 8.1%
45.9
y/y 6.2%
36.3
y/y 7.1%
29.9-2.9344.1
y/y -2.7%
66.8
y/y -9.9%
234.9%43.0Link
2024-09-28Q3 2024 (3M)OK94.9
y/y —
29.6
y/y —
2.9
y/y —
32.5
y/y —
14.7
y/y —
26.8-2.9365.0
y/y 3.5%
57.0
y/y -8.4%
151.6%53.9Link
2024-06-29Q2 2024 (3M)OK85.8
y/y 4.9%
25.4
y/y 10.2%
2.9
y/y -6.6%
28.2
y/y 8.3%
21.4
y/y 7.9%
28.9-2.2331.6
y/y -1.0%
66.7
y/y 10.7%
40.6%39.5Link
2024-03-30Q1 2024 (3M)OK90.8
y/y -4.3%
27.9
y/y -1.5%
2.8
y/y -2.1%
30.7
y/y -1.5%
23.6
y/y -2.2%
22.7-2.0337.4
y/y 1.6%
74.2
y/y 19.4%
127.5%37.4Link
2023-12-30Q4 2023 (3M)OK119.6
y/y —
40.4
y/y —
2.8
y/y —
43.2
y/y —
33.9
y/y —
39.9-2.4353.5
y/y —
74.1
y/y —
199.1%34.9Link
2023-09-30FY 2023 (12M)OK—
y/y —
—
y/y —
—
y/y —
—
y/y —
—
y/y —
——352.6
y/y —
62.1
y/y —
158.5%62.4Link
2023-07-01Q3 2023 (3M)OK81.8
y/y —
23.0
y/y —
3.1
y/y —
26.1
y/y —
19.9
y/y —
26.4-2.1335.0
y/y —
60.3
y/y —
43.3%46.8Link
2023-04-01Q2 2023 (3M)OK94.8
y/y —
28.3
y/y —
2.9
y/y —
31.2
y/y —
24.2
y/y —
28.6-2.9332.2
y/y —
62.2
y/y —
—53.7Link

Net debt structure (leases included, IFRS 16) 2026-06-27

Short-term debt (incl. ST leases)13 004
Long-term debt (incl. LT leases)71 340
− Cash & equivalents146 517
Net debt-62 173

Net debt / LTM EBITDA: -0.4x

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

050 000100 000150 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Year-over-year change

0%10%20%30%2024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Cash flow

Operating and investing cash flow (OCF + ICF) ($ mln)

010 00020 00030 00040 00050 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Net debt / cash ($ mln)

-100 000-50 000050 000100 0002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Profit and cash

Profit is cash-backed
In a typical year of 2021–2025 operating cash flow came to 1.14x of reported net profit; after capex, 1.03x.
year20212022202320242025
cash flow / profit1.10x1.22x1.14x1.26x0.99x
accruals, % of assets-2.7%-6.3%-3.8%-6.7%0.1%
Last twelve months (to 2026-06-27): 1.14x of profit came back as operating cash flow.
net debt / EBITDA 0.4x · capex 1.0x of depreciation · dividends 15% of free cash flow · share count -2.9% a year
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Research & reviews

Our earnings breakdowns and investment notes on this issuer.

All research →

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +17.6%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-06-27 vs 2025-06-28)
= (39 015 − 31 032) × 4.30
34 367
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (5 137 032 + -85 028) ÷ 167 959
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (30.0 + 12) ÷ 2
21.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 131 354 + 11 605 + 36 989 − 0
179 948
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (34 367 × 21.0 + 179 948) ÷ 5 137 032
+17.6%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +6% vs +2% the year before — a +4.4 pp move. 3-year CAGR +2%.
revenue growth by year: 2023 -3% · 2024 +2% · 2025 +6%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — daily history

Current 34.0x · 3-year 75th pct 29.9x

EV/EBITDA3-year 75th pct

Peer comparison

Group: Technology. Every peer trades on the same market, so no adjustment is needed.

CompanyMarketCap, $bnEV/EBITDA
MICRON TECHNOLOGY INCUS987.28.8x
ORACLE CORPUS381.515.2x
INTERNATIONAL BUSINESS MACHINES CORPUS240.518.9x
MICROSOFT CORPUS3909.220.5x
TEXAS INSTRUMENTS INCUS259.925.2x
NVIDIA CORPUS5127.225.6x
CISCO SYSTEMS, INC.US420.227.1x
LAM RESEARCH CORPUS287.928.1x
Broadcom Inc.US1561.128.6x
ANALOG DEVICES INCUS191.530.5x
APPLIED MATERIALS INC /DEUS299.230.7x
Arista Networks, Inc.US219.946.9x
Group median26.3x
Group average25.5x
This companyUS5137.030.1x

Group median 26.3x; this company 30.1x — a 14% premium.

Group average 25.5x; against the average this company is at a 18% premium.

At the adjusted group median the market cap would be -13% versus today.

The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 20.4x, Russia 3.7x, South Africa 5.0x, Kazakhstan 4.6x, India 17.0x, Indonesia 5.4x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-25; the company's own is live.

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-08-100.27 USDEx-dividend: 0.27 USD per sharePaidYahoo Finance (ex-div)
2026-05-110.27 USDEx-dividend: 0.27 USD per sharePaidYahoo Finance (ex-div)
2026-02-090.26 USDEx-dividend: 0.26 USD per sharePaidYahoo Finance (ex-div)
2025-11-100.26 USDEx-dividend: 0.26 USD per sharePaidYahoo Finance (ex-div)
2025-08-110.26 USDEx-dividend: 0.26 USD per sharePaidYahoo Finance (ex-div)
2025-05-120.26 USDEx-dividend: 0.26 USD per sharePaidYahoo Finance (ex-div)
2025-02-100.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2024-11-080.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2024-08-120.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2024-05-100.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2024-02-090.24 USDEx-dividend: 0.24 USD per sharePaidYahoo Finance (ex-div)
2023-11-100.24 USDEx-dividend: 0.24 USD per sharePaidYahoo Finance (ex-div)
2023-08-110.24 USDEx-dividend: 0.24 USD per sharePaidYahoo Finance (ex-div)
2023-05-120.24 USDEx-dividend: 0.24 USD per sharePaidYahoo Finance (ex-div)
2023-02-100.23 USDEx-dividend: 0.23 USD per sharePaidYahoo Finance (ex-div)
2022-11-040.23 USDEx-dividend: 0.23 USD per sharePaidYahoo Finance (ex-div)
2022-08-050.23 USDEx-dividend: 0.23 USD per sharePaidYahoo Finance (ex-div)
2022-05-060.23 USDEx-dividend: 0.23 USD per sharePaidYahoo Finance (ex-div)
2022-02-040.22 USDEx-dividend: 0.22 USD per sharePaidYahoo Finance (ex-div)
2021-11-050.22 USDEx-dividend: 0.22 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Apple Inc. (AAPL) — from primary filings.

Frequently asked questions

What is Apple Inc. (AAPL)'s P/E ratio?
Apple Inc. (AAPL) trades at a P/E of 39.8x (price to trailing 12-month earnings).
What is Apple Inc. (AAPL)'s EV/EBITDA?
Apple Inc. (AAPL) trades at 30.1x EV/EBITDA.
What is Apple Inc. (AAPL)'s dividend yield?
Apple Inc. (AAPL)'s trailing 12-month dividend yield is 0.3%.
What is Apple Inc. (AAPL)'s return on equity (ROE)?
Apple Inc. (AAPL)'s ROE is 37.1%.
What is Apple Inc. (AAPL)'s market capitalization?
Apple Inc. (AAPL)'s market cap is 5137.0 bn USD.

See also: The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map