← Back to All US Stocks

Apple Inc. (AAPL) Fundamental Analysis & AI Grade 2026

AAPL Nasdaq Electronic Computers CA CIK: 0000320193
Recently Updated • Analysis: Jul 26, 2026 • SEC Data: 2026-03-28
Combined AI Grade
A
88% Confidence
STRONG AGREEMENT
A
88% Conf
A
88% Conf

📊 AAPL Key Takeaways

Revenue: $254.9B
Net Margin: 28.1%
Free Cash Flow: $78.3B
Current Ratio: 1.07x
Debt/Equity: 0.78x
EPS: $4.85
AI Grade: A with 88% confidence
Apple Inc. (AAPL) receives a A fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $254.9B, net profit margin of 28.1%, and return on equity (ROE) of 67.3%, Apple Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete AAPL stock analysis for 2026.

Is Apple Inc. (AAPL) a Good Investment?

Claude

Apple demonstrates exceptional fundamental strength with industry-leading profitability margins (34% operating, 28.1% net), outstanding free cash flow generation ($78.3B), and strong net income growth (19.5% YoY) despite moderate revenue growth. The company maintains excellent financial health with manageable leverage (0.78x debt/equity) and exceptional returns on capital (67.3% ROE), supported by a capital-light business model.

ChatGPT

Apple demonstrates excellent fundamental quality, with revenue growth of 6.4% accompanied by faster net-income and diluted-EPS growth of 19.5% and 22.7%, respectively. High margins, strong cash generation, and ample interest coverage support financial resilience, although modest liquidity and substantial debt warrant monitoring.

Apple Inc. Key Strengths (AAPL)

Claude
  • + Exceptional profitability margins (48.6% gross, 34.0% operating, 28.1% net) indicate strong pricing power and operational efficiency
  • + Outstanding free cash flow generation of $78.3B with 30.7% FCF margin provides substantial shareholder value and strategic flexibility
  • + Net income and EPS growing faster than revenue (19.5% and 22.7% vs 6.4%), demonstrating strong operational leverage and cost management
  • + Excellent return metrics (ROE 67.3%, ROA 19.3%) show highly efficient capital deployment
  • + Strong interest coverage (22.1x) and reasonable debt/equity (0.78x) indicate solid financial health despite $82.7B long-term debt
ChatGPT
  • + Exceptional profitability, including a 34.0% operating margin and 28.1% net margin
  • + High-quality growth, with earnings and diluted EPS expanding substantially faster than revenue
  • + Strong cash conversion, producing $78.28B of free cash flow at a 30.7% margin

AAPL Stock Risks: Apple Inc. Investment Risks

Claude
  • ! Revenue growth of 6.4% YoY is moderate for a mega-cap tech company and may signal market saturation or slowing demand
  • ! Current ratio of 1.07x and Quick ratio of 1.02x are relatively tight, potentially constraining operational flexibility
  • ! Significant debt load of $82.7B creates vulnerability to interest rate increases and refinancing risks
  • ! Dependence on product cycles and consumer discretionary spending exposes company to economic downturns
  • ! Intense competitive pressures in technology require sustained R&D investment to maintain market position
ChatGPT
  • ! Current ratio of 1.07x provides only a modest short-term liquidity cushion
  • ! Long-term debt of $82.70B remains significant despite strong interest coverage
  • ! Very high ROE is partly amplified by a comparatively small equity base and may overstate underlying operating returns

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and segment performance trends to identify demand patterns
  • * Operating margin stability as supply chain and labor costs evolve
  • * Free cash flow generation consistency and capital allocation decisions (buybacks, dividends, acquisitions)
  • * Debt refinancing schedule and weighted average cost of debt in changing rate environment
  • * Working capital efficiency as reflected in current and quick ratios
ChatGPT
  • * Revenue growth and operating margin
  • * Free cash flow and net debt trend

Apple Inc. (AAPL) Financial Metrics & Key Ratios

Revenue
$254.9B
Net Income
$71.7B
EPS (Diluted)
$4.85
Free Cash Flow
$78.3B
Total Assets
$371.1B
Cash Position
$45.6B

💡 AI Analyst Insight

The 30.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

AAPL Profit Margin, ROE & Profitability Analysis

Gross Margin 48.6%
Operating Margin 34.0%
Net Margin 28.1%
ROE 67.3%
ROA 19.3%
FCF Margin 30.7%

AAPL vs Technology Sector: How Apple Inc. Compares

How Apple Inc. compares to Technology sector averages

Net Margin
AAPL 28.1%
vs
Sector Avg 18.0%
AAPL Sector
ROE
AAPL 67.3%
vs
Sector Avg 22.0%
AAPL Sector
Current Ratio
AAPL 1.1x
vs
Sector Avg 2.5x
AAPL Sector
Debt/Equity
AAPL 0.8x
vs
Sector Avg 0.5x
AAPL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Apple Inc. Stock Overvalued? AAPL Valuation Analysis 2026

Based on fundamental analysis, Apple Inc. appears fundamentally strong relative to the Technology sector in 2026.

Return on Equity
67.3%
Sector avg: 22%
Net Profit Margin
28.1%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.78x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Apple Inc. Balance Sheet: AAPL Debt, Cash & Liquidity

Current Ratio
1.07x
Quick Ratio
1.02x
Debt/Equity
0.78x
Debt/Assets
71.3%
Interest Coverage
22.05x
Long-term Debt
$82.7B

AAPL Revenue & Earnings Growth: 5-Year Financial Trend

AAPL 5-year financial data: Year 2021: Revenue $365.8B, Net Income $55.3B, EPS $2.97. Year 2022: Revenue $394.3B, Net Income $57.4B, EPS $3.28. Year 2023: Revenue $394.3B, Net Income $94.7B, EPS $5.61. Year 2024: Revenue $394.3B, Net Income $99.8B, EPS $6.11. Year 2025: Revenue $416.2B, Net Income $97.0B, EPS $6.13.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Apple Inc.'s revenue has grown significantly by 14% over the 5-year period, indicating strong business expansion. The most recent EPS of $6.13 reflects profitable operations.

AAPL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
30.7%
Free cash flow / Revenue

AAPL Quarterly Earnings & Performance

Quarterly financial performance data for Apple Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $94.0B $23.4B $1.57
Q2 2026 $95.4B $24.8B $1.65
Q1 2026 $124.3B $36.3B $2.40
Q3 2025 $85.8B $21.4B $1.40
Q2 2025 $90.8B $23.6B $1.53
Q1 2025 $119.6B $33.9B $2.18
Q3 2024 $81.8B $19.9B $1.26
Q2 2024 $90.8B $23.6B $1.52

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Apple Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$82.6B
Cash generated from operations
Stock Buybacks
$37.0B
Shares repurchased (TTM)
Capital Expenditures
$4.3B
Investment in assets
Dividends Paid
$7.7B
Returned to shareholders

AAPL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Apple Inc. (CIK: 0000320193)

📋 Recent SEC Filings

Date Form Document Action
Jul 31, 2026 10-Q aapl-20260627.htm View →
Jul 30, 2026 8-K aapl-20260730.htm View →
Jun 17, 2026 4 xslF345X06/form4.xml View →
Jun 17, 2026 4 xslF345X06/form4.xml View →
May 29, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about AAPL

What is the AI rating for AAPL?

Apple Inc. (AAPL) has a Combined AI Grade of A from Claude (A) and ChatGPT (A) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AAPL's key strengths?

Claude: Exceptional profitability margins (48.6% gross, 34.0% operating, 28.1% net) indicate strong pricing power and operational efficiency. Outstanding free cash flow generation of $78.3B with 30.7% FCF margin provides substantial shareholder value and strategic flexibility. ChatGPT: Exceptional profitability, including a 34.0% operating margin and 28.1% net margin. High-quality growth, with earnings and diluted EPS expanding substantially faster than revenue.

What are the risks of investing in AAPL?

Claude: Revenue growth of 6.4% YoY is moderate for a mega-cap tech company and may signal market saturation or slowing demand. Current ratio of 1.07x and Quick ratio of 1.02x are relatively tight, potentially constraining operational flexibility. ChatGPT: Current ratio of 1.07x provides only a modest short-term liquidity cushion. Long-term debt of $82.70B remains significant despite strong interest coverage.

What is AAPL's revenue and growth?

Apple Inc. reported revenue of $254.9B.

Does AAPL pay dividends?

Apple Inc. pays dividends, with $7,743.0M distributed to shareholders in the trailing twelve months.

Where can I find AAPL SEC filings?

Official SEC filings for Apple Inc. (CIK: 0000320193) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AAPL's EPS?

Apple Inc. has a diluted EPS of $4.85.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is AAPL's fundamental grade?

Based on our AI fundamental analysis in August 2026, Apple Inc. has a A grade with 88% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is AAPL stock overvalued or undervalued?

Valuation metrics for AAPL: ROE of 67.3% (sector avg: 22%), net margin of 28.1% (sector avg: 18%). Higher ROE suggests strong returns relative to peers.

What is AAPL's AI grade for 2026?

Our dual AI analysis gives Apple Inc. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is AAPL's free cash flow?

Apple Inc.'s operating cash flow is $82.6B, with capital expenditures of $4.3B. FCF margin is 30.7%.

How does AAPL compare to other Technology stocks?

Vs Technology sector averages: Net margin 28.1% (avg: 18%), ROE 67.3% (avg: 22%), current ratio 1.07 (avg: 2.5).

Why is AAPL's return on equity (ROE) so high?

Apple Inc. has a return on equity of 67.3%, significantly above the Technology sector average of 22%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 28.1% net margin.

Top Rated Stocks
MSFT 92% FAST 92% MU 88% AAPL 88% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% CRDO 87%
Sector: All Technology Stocks →
Browse: Above Average Stocks High Confidence Stocks High ROE Stocks
Compare: AAPL vs MSFT AAPL vs NVDA AAPL vs GOOGL
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jul 26, 2026 | Data as of: 2026-03-28 | Powered by Claude AI