Apple Inc.
NASDAQ Global SelectTotal Valuation
Apple Inc. carries a market capitalization of 4.34T, placing it among publicly traded companies globally. Its enterprise value stands at 3.77T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 4.34T |
| Enterprise Value | 3.77T |
Share Statistics
Apple Inc. currently has 14.67B shares outstanding.
| Shares Outstanding | 14.67B |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Apple Inc. trades at a trailing price-to-earnings ratio of 30.61. The price-to-sales ratio is 8.31, and the price-to-book ratio stands at 33.54.
| PE Ratio | 30.61 |
| PS Ratio | 8.31 |
| PB Ratio | 33.54 |
| P/TBV Ratio | 44.06 |
| P/FCF Ratio | 24.89 |
| P/OCF Ratio | 26.76 |
Enterprise Valuation
On an enterprise value basis, Apple Inc. trades at an EV/EBITDA multiple of 23.56 and an EV/FCF ratio of 24.91. The EV/Sales ratio of 8.35 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 25.57 provides insight into valuation relative to core operating earnings.
| EV / Sales | 8.35 |
| EV / EBITDA | 23.56 |
| EV / EBIT | 25.57 |
| EV / FCF | 24.91 |
Financial Position
Apple Inc. maintains a current ratio of 1.07, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities.
| Current Ratio | 1.07 |
| Quick Ratio | 0.91 |
| Debt / Equity | 79.55 |
| Debt / EBITDA | 0.53 |
| Interest Coverage | N/A |
Financial Efficiency
Apple Inc. posts a return on equity of 132.50 and a return on invested capital of 68.69.
| Return on Equity (ROE) | 132.50 |
| Return on Assets (ROA) | 34.91 |
| Return on Invested Capital (ROIC) | 68.69 |
| Return on Capital Employed (ROCE) | 66.63 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 36.17 |
Taxes
Over the trailing twelve months, Apple Inc. has paid 25.10B in income taxes, reflecting an effective tax rate of 16.99.
| Income Tax | 25.10B |
| Effective Tax Rate | 16.99 |
Stock Price Statistics
Apple Inc.'s stock has gained approximately 48.72221% over the past 52 weeks. The 50-day moving average sits at 283.94, while the 200-day moving average is 266.22.
| Beta (5Y) | N/A |
| 52-Week Price Change | 48.72221% |
| 50-Day Moving Average | 283.94 |
| 200-Day Moving Average | 266.22 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Apple Inc. generated 451.44B in revenue and converted that into 122.58B in net income, yielding earnings per share of 8.26. EBITDA reached 159.98B, while operating income came in at 147.37B.
| Revenue | 451.44B |
| Gross Profit | 216.07B |
| Operating Income | 147.37B |
| Pretax Income | 147.67B |
| Net Income | 122.58B |
| EBITDA | 159.98B |
| EBIT | 147.37B |
| Earnings Per Share (EPS) | 8.26 |
Balance Sheet
Apple Inc. holds 68.51B in cash and equivalents against 84.71B in total debt, resulting in a net debt position of 39.14B. Total book value stands at 111.87B, with working capital of 9.47B providing operational flexibility.
| Cash & Cash Equivalents | 68.51B |
| Total Debt | 84.71B |
| Net Debt | 39.14B |
| Equity (Book Value) | 111.87B |
| Book Value Per Share | 7.57 |
| Working Capital | 9.47B |
Cash Flow
Apple Inc. produced 140.22B in operating cash flow over the past twelve months. After subtracting -11.05B in capital expenditures, free cash flow totaled 129.17B - equivalent to 8.74 per share.
| Operating Cash Flow | 140.22B |
| Capital Expenditures | -11.05B |
| Free Cash Flow | 129.17B |
| FCF Per Share | 8.74 |
Margins
Apple Inc. operates with a gross margin of 47.86, reflecting its pricing power and cost economics. The operating margin of 32.64 and net profit margin of 27.15 provide insight into operational efficiency.
| Gross Margin | 47.86 |
| Operating Margin | 32.64 |
| Pretax Margin | 32.71 |
| Profit Margin | 27.15 |
| EBITDA Margin | 35.44 |
Dividends & Yields
The company's payout ratio of 12.69 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.05 |
| Dividend Yield | N/A |
| Payout Ratio | 12.69 |
| Shareholder Yield | 3.04 |
| FCF Yield | 4.02 |
Stock Splits
Apple Inc.'s most recent stock split took place on August 31, 2020 with a 1:4 split ratio.
| Last Split Date | 8/31/2020 |
| Split Ratio | 1:4 |
Scores
Apple Inc. posts an Altman Z-Score of 11.27, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 11.27 |