About Apple Inc.
Apple Inc. (AAPL) is a Technology company in the Electronic Computers industry with a market capitalisation of $5T. The stock trades at 39.33x trailing earnings and yields 0.31%.
- Sector
- Technology
- Industry
- Electronic Computers
- Market cap
- $5T
- P/E ratio
- 39.33
- EPS (TTM)
- $7.46
- Revenue (TTM)
- $416.2B
- Free cash flow
- $98.8B
- Profit margin
- 26.9%
- Dividend yield
- 0.31%
- Shares outstanding
- 14.6B
Financial health: Strong7.5/10
7 strengths, 2 concerns. Weakest points: debt to equity, current ratio.
- Debt to equity: 1.23 (Concern, benchmark < 0.5) — Debt of 1.23x equity is high against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 0.6y (Strong, benchmark < 4 years) — Net debt of $54.7B is 0.6x annual free cash flow — under a year of cash flow to repay.
- Current ratio: 0.89 (Concern, benchmark > 1.5) — Short-term assets cover only 0.89x short-term liabilities — below 1.0, meaning bills due this year exceed the assets on hand to pay them. It has been broadly flat over the last 4 years.
- Return on equity: 151.9% (Strong, benchmark > 15%) — Earns 151.9% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 46.9% (Strong, benchmark > 40%) — Keeps 46.9% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 26.9% (Strong, benchmark > 10%) — Turns 26.9% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $98.8B (Strong, benchmark positive) — Generated $98.8B of free cash flow after capital spending. It has deteriorated over the last 4 years.
- Revenue growth: 6.4% (Watch, benchmark > 10%) — Revenue changed 6.4% year on year, short of the > 10% mark.
- Earnings growth: 19.5% (Strong, benchmark > 10%) — Earnings changed 19.5% year on year, comfortably past the > 10% mark.
- Payout ratio: 13.8% (Strong, benchmark < 60%) — Pays out 13.8% of earnings as dividends, leaving room to keep paying.