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Apple AAPL Debt-to-assets

Debt-to-assets at other companies

HP logo
HPHPQ
0.3×-0.1×
Microsoft logo
MicrosoftMSFT
0.2×0.0×
Qualcomm logo
QualcommQCOM
0.3×0.0×
Amazon logo
AmazonAMZN
0.3×0.0×
Netflix logo
NetflixNFLX
0.3×-0.1×
Zoom Video Communications, Inc. logo
Zoom Video Communications, Inc.ZM
0.0×

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×
Current ratio1.1×+0.2×

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 debt-to-assets?
Apple (AAPL) reported debt-to-assets of 0.2× in Q1 2026.
How has Apple's debt-to-assets changed year-over-year?
Apple's debt-to-assets decreased by 19.9% year-over-year, from 0.3× to 0.2×.
What is the long-term trend for Apple's debt-to-assets?
Over 4 years (2021 to 2025), Apple's debt-to-assets has grown at a -4.8% compound annual growth rate (CAGR), from 1.4× to 1.1×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.