Apple Inc.

Apple delivers exceptionally high profitability with a 27.6% net margin and 32.6% operating margin on nearly $467 billion in trailing twelve-month revenue.

TTM revenue grew 6.4% year over year to about $466.8 billion, with gross margin at 48.7%, operating margin at 32.6%, and net profit margin at 27.6%, translating to roughly $112.0 billion in net income. These margins reflect Apple's pricing power in hardware combined with the higher-margin contribution of its Services segment. The combination of steady top-line growth and wide margins indicates continued operating leverage, though the precise EBITDA and EPS figures were not provided in the supplied facts.

Apple trades at a steep premium across nearly every multiple, pricing in continued flawless execution and Services growth.

Apple generates substantial free cash flow, with TTM operating cash flow of about $146.7 billion and free cash flow of about $107.7 billion.

Operating cash flow of roughly $146.7 billion against free cash flow of about $107.7 billion implies capital expenditures of approximately $39 billion over the trailing twelve months. This level of cash generation relative to a market cap of about $5.03 trillion supports an FCF margin in the low-20s percent range on revenue. Such strong and consistent cash conversion has historically supported Apple's capital return programs, though specific dividend and buyback figures were not included in the supplied facts.

Apple maintains a strong balance sheet with total cash of about $62.4 billion against total debt of about $84.3 billion, alongside extraordinarily high returns on equity and assets.

Total cash of approximately $62.4 billion versus total debt of approximately $84.3 billion results in a net debt position of roughly $21.9 billion, modest relative to the company's scale and cash flow generation. Return on equity stands at an exceptionally high 148.8%, partly a function of Apple's historically large share buyback programs reducing equity base, while return on assets of 27.1% also reflects efficient capital use. Enterprise value of about $5.05 trillion versus the $5.03 trillion market cap is consistent with the modest net debt position.

Near-term sentiment appears constructive, with a recent earnings beat and consensus buy rating, though the stock trades below its own previous close and well under the high end of analyst targets.

The most recent reported quarter (2Q26) showed EPS of 2.02 versus an estimate of 1.892, a 6.7% positive surprise, which as of the most recent disclosures appears to support near-term confidence in execution. Consensus analyst rating is a buy across 43 analysts, with a mean price target of 332.39, which is notably below the current price of 344.63, implying the stock may be trading ahead of average analyst expectations. The wide range between the low target of 245.00 and high target of 405.00 reflects meaningful dispersion in views on Apple's growth trajectory. Institutional ownership is high at 66.4%, suggesting broad professional sponsorship, while insider ownership remains modest at 1.6%. No dividend yield or beta figures are verified here, limiting assessment of income characteristics or volatility profile.

Not financial advice. This section is AI-written, can be wrong, and describes scenarios, not predictions. Full disclaimer

Prices & news from Yahoo · analysis by Claude Sonnet 5 · cached up to 24h

Apple's most recent quarterly results beat expectations, with reported EPS of 2.02 versus an estimate of 1.892, a surprise of 6.7%.

Apple possesses one of the strongest moats in consumer technology, built on brand strength, ecosystem lock-in, and scale advantages.

Not financial advice. This section is AI-written, can be wrong, and describes scenarios, not predictions. Full disclaimer