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Apple AAPL EV / sales

EV / sales at other companies

HP logo
HPHPQ
0.5×-0.2×
Microsoft logo
MicrosoftMSFT
8.9×-1.7×
Qualcomm logo
QualcommQCOM
3.3×-0.9×
Amazon logo
AmazonAMZN
3.2×0.0×
Netflix logo
NetflixNFLX
8.8×-1.4×
Zoom Video Communications, Inc. logo
Zoom Video Communications, Inc.ZM
5.6×+1.0×

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 EV / sales?
Apple (AAPL) reported EV / sales of 8.3× in Q1 2026.
How has Apple's EV / sales changed year-over-year?
Apple's EV / sales decreased by 1.9% year-over-year, from 8.5× to 8.3×.
What is the long-term trend for Apple's EV / sales?
Over 4 years (2021 to 2025), Apple's EV / sales has grown at a 6.3% compound annual growth rate (CAGR), from 27.3× to 34.9×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.