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Apple AAPL Price / earnings

Price / earnings at other companies

HP logo
HPHPQ
7.5×-2.0×
Microsoft logo
MicrosoftMSFT
22×-6.9×
Qualcomm logo
QualcommQCOM
14.8×-10.8×
Amazon logo
AmazonAMZN
28.3×-2.3×
Netflix logo
NetflixNFLX
30.4×-12.7×
Zoom Video Communications, Inc. logo
Zoom Video Communications, Inc.ZM
13.8×-8.2×

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/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 price / earnings?
Apple (AAPL) reported price / earnings of 30.4× in Q1 2026.
How has Apple's price / earnings changed year-over-year?
Apple's price / earnings decreased by 11.4% year-over-year, from 34.3× to 30.4×.
What is the long-term trend for Apple's price / earnings?
Over 4 years (2021 to 2025), Apple's price / earnings has grown at a 5.6% compound annual growth rate (CAGR), from 110.7× to 137.5×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.