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Apple AAPL Earnings yield

Earnings yield at other companies

HP logo
HPHPQ
13.4%+2.8pp
Microsoft logo
MicrosoftMSFT
4.6%+1.1pp
Qualcomm logo
QualcommQCOM
6.8%+2.9pp
Amazon logo
AmazonAMZN
3.5%+0.3pp
Netflix logo
NetflixNFLX
3.3%+1.0pp
Zoom Video Communications, Inc. logo
Zoom Video Communications, Inc.ZM
7.2%+2.7pp

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 trailing twelve months.

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 earnings yield?
Apple (AAPL) reported earnings yield of 3.3% in Q1 2026.
How has Apple's earnings yield changed year-over-year?
Apple's earnings yield increased by 12.8% year-over-year, from 2.9% to 3.3%.
What is the long-term trend for Apple's earnings yield?
Over 4 years (2021 to 2025), Apple's earnings yield has grown at a -5.4% compound annual growth rate (CAGR), from 14.7% to 11.7%.
What does earnings yield mean?
The company's annual profit as a percentage of its market price — the flip side of the P/E.
How do you interpret earnings yield?
Higher means more earnings per dollar invested. Easy to compare directly against bond yields to judge the relative attractiveness of equity.
How does earnings yield compare across companies?
Comparable across profitable companies and against fixed-income yields; undefined when earnings are negative.