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Apple AAPL Current ratio

Current ratio at other companies

HP logo
HPHPQ
0.8×+0.1×
Microsoft logo
MicrosoftMSFT
1.3×-0.1×
Qualcomm logo
QualcommQCOM
2.4×-0.4×
Amazon logo
AmazonAMZN
1.2×+0.1×
Netflix logo
NetflixNFLX
1.4×+0.2×
Zoom Video Communications, Inc. logo
Zoom Video Communications, Inc.ZM
4.2×-0.3×

Other financials

Income statement

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Revenue$111.18B+16.6%
Gross profit$54.8B+22.1%
Operating income$35.9B+21.3%
Net income$29.6B+19.4%
EPS (diluted)$2.01+21.8%

Balance sheet

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Cash & equivalents$45.6B+61.8%
Total debt$82.7B-10.3%
Total equity$106.49B+59.4%
Total assets$371.08B+12.0%

Cash flow

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Operating cash flow$28.7B+19.8%
CapEx$2.0B-35.8%
Free cash flow$26.7B+28.0%

Valuation

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Market cap$4.35T+11.7%
Enterprise value$4.38T+10.6%
P/E35.5×-4.5×
P/S9.6×-0.1×

Profitability

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Gross margin47.9%+1.2pp
Operating margin32.6%+0.8pp
Net margin27.2%+2.9pp

Returns & leverage

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Return on equity141.5%+3.5pp
Debt / equity0.8×-0.6×

Where this comes from

Calculated from Apple’s reported figures.

Based on the most recent quarter.

The official record: Apple’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apple's current ratio?
Apple (AAPL) reported current ratio of 1.1× in Q1 2026.
How has Apple's current ratio changed year-over-year?
Apple's current ratio increased by 30.4% year-over-year, from 0.8× to 1.1×.
What is the long-term trend for Apple's current ratio?
Over 4 years (2021 to 2025), Apple's current ratio has grown at a -5.7% compound annual growth rate (CAGR), from 4.4× to 3.5×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.