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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Apple's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$365.82 B | $394.33 B | $383.29 B | $391.04 B | $416.16 B |
| Cost of Revenue |
|
$212.98 B | $223.55 B | $214.14 B | $210.35 B | $220.96 B |
| Gross Profit |
|
$152.84 B | $170.78 B | $169.15 B | $180.68 B | $195.20 B |
| Research & Development |
|
$21.91 B | $26.25 B | $29.92 B | $31.37 B | $34.55 B |
| Selling,General & Administrative |
|
$21.97 B | $25.09 B | $24.93 B | $26.10 B | $27.60 B |
| Operating Expense |
|
$43.89 B | $51.35 B | $54.85 B | $57.47 B | $62.15 B |
| Operating Income |
|
$108.95 B | $119.44 B | $114.30 B | $123.22 B | $133.05 B |
| Net Income |
|
$94.68 B | $99.80 B | $97.00 B | $93.74 B | $112.01 B |
Apple's Assets vs Liabilities & Equity
Apple's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$62.64 B | $48.30 B | $61.56 B | $65.17 B | $54.70 B |
| Inventories |
|
$6.58 B | $4.95 B | $6.33 B | $7.29 B | $5.72 B |
| Total Current Assets |
|
$134.84 B | $135.41 B | $143.57 B | $152.99 B | $147.96 B |
| Property,Plant and Equipment |
|
$49.53 B | $52.53 B | $54.38 B | $45.68 B | $49.83 B |
| Goodwill |
|
- | - | - | - | - |
| Total Assets |
|
$351.00 B | $352.76 B | $352.58 B | $364.98 B | $359.24 B |
| Total Liabilities |
|
$287.91 B | $302.08 B | $290.44 B | $308.03 B | $285.51 B |
| Retained Earnings |
|
$5.56 B | -$3.07 B | -$214.00 M | -$19.15 B | -$14.26 B |
| Total Shareholder Equity |
|
$63.09 B | $50.67 B | $62.15 B | $56.95 B | $73.73 B |
| Common Stock |
|
$57.37 B | $64.85 B | $73.81 B | $83.28 B | $93.57 B |
Apple's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$11.28 B | $11.10 B | $11.52 B | $11.45 B | $11.70 B |
| Dividends Payout |
|
-$14.47 B | -$14.84 B | -$15.03 B | -$15.23 B | -$15.42 B |
| Capital Expenditures (Capex) |
|
-$11.09 B | -$10.71 B | -$10.96 B | -$9.45 B | -$12.72 B |
| Free Cash Flow (FCF) |
|
$92.95 B | $111.44 B | $99.58 B | $108.81 B | $98.77 B |
Apple's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$152.84 B | $170.78 B | $169.15 B | $180.68 B | $195.20 B |
| Gross Profit Margin (%) |
|
41.78% | 43.31% | 44.13% | 46.21% | 46.91% |
| Operating Income |
|
$108.95 B | $119.44 B | $114.30 B | $123.22 B | $133.05 B |
| Operating Income Margin (%) |
|
29.78% | 30.29% | 29.82% | 31.51% | 31.97% |
| Net Income |
|
$94.68 B | $99.80 B | $97.00 B | $93.74 B | $112.01 B |
| Net Income Margin (%) |
|
25.88% | 25.31% | 25.31% | 23.97% | 26.92% |
| EBITDA |
|
$123.14 B | $133.14 B | $125.82 B | $134.66 B | $144.43 B |
| EBITDA Margin (%) |
|
33.66% | 33.76% | 33.71% | 34.44% | 34.70% |
Apple's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
150.07% | 196.96% | 156.08% | 164.59% | 151.91% |
| Return on Assets (ROA) |
|
26.97% | 28.29% | 27.51% | 25.68% | 31.18% |
| Debt to Equity |
|
216.39% | 261.45% | 199.42% | 209.06% | 152.41% |
| Debt to total asset |
|
38.89% | 37.56% | 35.15% | 32.62% | 31.28% |
| Enterprise value to revenue |
|
6.99 | 6.46 | 7.28 | 9.17 | 9.11 |
| Enterprise value to EBITDA |
|
20.75 | 19.14 | 22.17 | 26.62 | 26.25 |
| Enterprise value |
|
$2.56 T | $2.55 T | $2.79 T | $3.58 T | $3.79 T |
| Tax Rate (%) |
|
13.30% | 16.20% | 14.72% | 24.09% | 15.61% |
Frequently Asked Questions
