Skip to content

Apple AAPL Debt-to-equity

Debt-to-equity at other companies

Microsoft logo
MicrosoftMSFT
0.3×0.0×
Qualcomm logo
QualcommQCOM
0.5×0.0×
Amazon logo
AmazonAMZN
0.5×0.0×
Netflix logo
NetflixNFLX
0.5×-0.2×
Zoom Video Communications, Inc. logo
Zoom Video Communications, Inc.ZM
0.0×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
0.5×-0.1×

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
Return on equity141.5%+3.5pp
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 →

Ask your AI about Apple's debt-to-equity.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Apple's debt-to-equity?
Apple (AAPL) reported debt-to-equity of 0.8× in Q1 2026.
How has Apple's debt-to-equity changed year-over-year?
Apple's debt-to-equity decreased by 43.7% year-over-year, from 1.4× to 0.8×.
What is the long-term trend for Apple's debt-to-equity?
Over 4 years (2021 to 2025), Apple's debt-to-equity has grown at a -5.9% compound annual growth rate (CAGR), from 7.1× to 5.6×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.