Apple Financial Statements From 2010 to 2022

AAPL
 Stock
  

USD 145.96  3.04  2.13%   

Apple financial statements provide useful quarterly and yearly information to potential Apple Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Apple financial statements helps investors assess Apple's valuation, profitability, and current liquidity needs.
There are over ninety-nine available fundamental signals for Apple Inc, which can be analyzed over time and compared to other ratios. Please make sure you validate all of Apple Inc prevailing fundamentals over time between 2010 and 2022 to make sure the company is sustainable down the road.
Apple Market Capitalization is relatively stable at the moment as compared to the past year. The company's current value of Market Capitalization is estimated at 973.07 Billion. Working Capital is expected to hike to about 28.1 B this year, although the value of Revenue Per Employee will most likely fall to nearly 1.8 M.
  
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Check Apple financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apple main balance sheet or income statement drivers, such as Direct Expenses of 128 B, Consolidated Income of 54.8 B or Cost of Revenue of 152.7 B, as well as many exotic indicators such as Long Term Debt to Equity of 0.72, Calculated Tax Rate of 25.69 or PPandE Turnover of 9.98. Apple financial statements analysis is a perfect complement when working with Apple Valuation or Volatility modules. It can also supplement various Apple Technical models. Please continue to the analysis of Apple Correlation against competitors.

Apple Revenues

250.29 Billion

Apple Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets360.6 B375.3 B324.3 B
Increasing
Slightly volatile
Cash and Equivalents24.3 B20.3 B25.5 B
Increasing
Slightly volatile
Investments224.7 B248.6 B185.3 B
Increasing
Stable
Investments Current47.6 B53.9 B37.7 B
Increasing
Very volatile
Investments Non Current177.1 B194.7 B147.6 B
Increasing
Stable
Deferred Revenue9.1 B10.4 B9.1 B
Decreasing
Stable
Property Plant and Equipment Net33.5 B33.8 B31.3 B
Increasing
Slightly volatile
Inventory4.3 B4.9 B4.1 B
Increasing
Slightly volatile
Tax Assets3.4 BBB
Decreasing
Stable
Trade and Non Trade Receivables37.6 B35.7 B37.6 B
Increasing
Slightly volatile
Trade and Non Trade Payables44.6 B44.2 B43.4 B
Increasing
Slightly volatile
Goodwill and Intangible Assets7.3 B6.2 B6.8 B
Decreasing
Slightly volatile
Total Liabilities230.1 B241.3 B224.5 B
Increasing
Slightly volatile
Shareholders Equity114.1 B134 B98.6 B
Decreasing
Stable
Accumulated Retained Earnings Deficit81.6 B98.3 B57.9 B
Decreasing
Slightly volatile
Accumulated Other Comprehensive Income(161.8 M)(150 M)316.6 M
Decreasing
Slightly volatile
Current Assets127.8 B128.6 B116.2 B
Increasing
Slightly volatile
Assets Non Current232.8 B246.7 B208.1 B
Increasing
Slightly volatile
Current Liabilities99.7 B100.8 B96.2 B
Increasing
Slightly volatile
Liabilities Non Current130.4 B140.5 B128.2 B
Increasing
Slightly volatile
Total Debt111 B115.7 B105.6 B
Increasing
Slightly volatile
Debt Current18 B18.5 B14.2 B
Increasing
Slightly volatile
Debt Non Current94 B97.2 B91.5 B
Increasing
Slightly volatile
Shareholders Equity USD114.1 B134 B98.6 B
Decreasing
Stable
Cash and Equivalents USD24.3 B20.3 B25.5 B
Increasing
Slightly volatile
Total Debt USD111 B115.7 B105.6 B
Increasing
Slightly volatile
Accounts Payable40.6 B49 B43.4 B
Increasing
Slightly volatile
Receivables31.7 B35.7 B37.2 B
Increasing
Slightly volatile
Inventories5.2 B4.9 B4.2 B
Increasing
Slightly volatile

Apple Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues250.3 B229.2 B268.9 B
Increasing
Slightly volatile
Cost of Revenue152.7 B141 B160 B
Increasing
Slightly volatile
Selling General and Administrative Expense16.5 B15.3 B16.9 B
Increasing
Slightly volatile
Research and Development Expense12.3 B11.6 B14.3 B
Increasing
Slightly volatile
Operating Expenses28.8 B26.8 B31.3 B
Increasing
Slightly volatile
Interest Expense2.3 B2.3 BB
Increasing
Slightly volatile
Income Tax Expense16.1 B15.7 B14.7 B
Increasing
Slightly volatile
Consolidated Income54.8 B48.4 B63.9 B
Increasing
Slightly volatile
Net Income54.8 B48.4 B63.9 B
Increasing
Slightly volatile
Net Income Common Stock54.8 B48.4 B63.9 B
Increasing
Slightly volatile
Weighted Average Shares20.2 B20.9 B20 B
Decreasing
Slightly volatile
Weighted Average Shares Diluted20.3 B21 B20.1 B
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT73.1 B66.4 B80.5 B
Increasing
Slightly volatile
Revenues USD250.3 B229.2 B268.9 B
Increasing
Slightly volatile
Net Income Common Stock USD54.8 B48.4 B63.9 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD73.1 B66.4 B80.5 B
Increasing
Slightly volatile
Gross Profit97.5 B88.2 B108.8 B
Increasing
Slightly volatile
Operating Income68.8 B61.3 B77.6 B
Increasing
Slightly volatile
Direct Expenses128 B141 B158.1 B
Increasing
Slightly volatile

Apple Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Financing(19.4 B)(18 B)(46.7 B)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities 31.3 B29 B19.7 B
Decreasing
Very volatile
Issuance Purchase of Equity Shares(34.9 B)(32.3 B)(49 B)
Decreasing
Slightly volatile
Net Cash Flow from Operations73 B64.2 B78.9 B
Increasing
Slightly volatile
Share Based CompensationB4.8 B5.5 B
Increasing
Slightly volatile
Depreciation Amortization and Accretion10.5 B10.2 B10.1 B
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share2.662.3173.4435
Increasing
Slightly volatile
Earnings per Diluted Share2.642.3033.4135
Increasing
Slightly volatile
Earnings per Basic Share USD2.662.3173.4435
Increasing
Slightly volatile
Dividends per Basic Common Share0.650.60.6744
Increasing
Slightly volatile
Return on Average Equity0.50.3630.7877
Increasing
Slightly volatile
Return on Average Assets0.150.140.2057
Increasing
Stable
Return on Invested Capital0.240.1950.3011
Decreasing
Stable
Gross Margin0.370.3850.4001
Increasing
Very volatile
Profit Margin0.210.2110.2316
Increasing
Stable
EBITDA Margin0.320.3340.3361
Decreasing
Slightly volatile
Return on Sales0.280.290.2977
Decreasing
Stable
Asset Turnover0.710.6610.8682
Increasing
Stable
Payout Ratio0.260.2590.2183
Decreasing
Slightly volatile
Enterprise Value over EBITDA13.3911.56914.0895
Increasing
Slightly volatile
Enterprise Value over EBIT15.1113.015.7004
Increasing
Slightly volatile
Price to Earnings Ratio19.0916.62919.0148
Increasing
Slightly volatile
Sales per Share12.1210.98414.3139
Increasing
Slightly volatile
Price to Sales Ratio4.193.5084.5376
Increasing
Slightly volatile
Price to Book Value6.095.93917.9289
Increasing
Slightly volatile
Debt to Equity Ratio2.061.82.6725
Increasing
Slightly volatile
Dividend Yield0.01420.0160.0134
Decreasing
Slightly volatile
Current Ratio1.231.2761.2507
Decreasing
Slightly volatile
Free Cash Flow per Share2.922.4813.5861
Increasing
Slightly volatile
Book Value per Share6.126.4234.9
Increasing
Very volatile
Tangible Assets Book Value per Share17.2917.98516.6317
Increasing
Slightly volatile
Total Assets Per Share15.1518.30416.9327
Increasing
Slightly volatile
Cash Flow Per Share2.953.10164.1988
Increasing
Slightly volatile
Return on Investment37.4826.384143.5846
Increasing
Stable
Operating Margin30.626.760428.9742
Increasing
Stable
Calculated Tax Rate25.6924.556520.6741
Decreasing
Slightly volatile
Receivables Turnover8.26.94237.8976
Decreasing
Very volatile
Inventory Turnover54.8940.374450.7022
Decreasing
Slightly volatile
PPandE Turnover9.987.41959.7338
Decreasing
Slightly volatile
Cash and Equivalents Turnover12.0811.062610.4382
Increasing
Slightly volatile
Accounts Payable Turnover6.675.2246.7341
Increasing
Very volatile
Accrued Expenses Turnover11.1510.8611.957
Decreasing
Slightly volatile
Long Term Debt to Equity0.720.72521.048
Increasing
Slightly volatile
Quick Ratio1.261.08971.104
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets9.97.41536.8135
Decreasing
Slightly volatile
Revenue to Assets0.790.61080.838
Increasing
Stable

Apple Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax70.9 B64.1 B78.6 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA83.5 B76.6 B90.7 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD83.5 B76.6 B90.7 B
Increasing
Slightly volatile
Market Capitalization973.1 B796.1 B1332.6 B
Increasing
Slightly volatile
Enterprise Value1047 B885.8 B1403.7 B
Increasing
Slightly volatile
Invested Capital336.3 B369.9 B296.9 B
Increasing
Slightly volatile
Average Equity115 B133.2 B98.8 B
Decreasing
Stable
Average Assets339.7 B346.5 B310.4 B
Increasing
Slightly volatile
Invested Capital Average316.6 B340.5 B283.1 B
Increasing
Slightly volatile
Tangible Asset Value358.4 B375.3 B320.5 B
Increasing
Slightly volatile
Free Cash Flow60.4 B51.8 B67.3 B
Increasing
Slightly volatile
Working Capital28.1 B27.8 B19.9 B
Decreasing
Stable
Revenue Per Employee1.8 M1.8 MM
Increasing
Slightly volatile
Net Income Per Employee386.5 K386.7 K480.1 K
Increasing
Slightly volatile

Apple Fundamental Market Drivers

Forward Price Earnings21.21
Short Percent Of Float0.74%
Average Daily Volume Last 10 Day82.36M
Shares Short Prior Month108.7M
Average Daily Volume In Three Month94.32M
Date Short Interest15th of June 2022
Fifty Day Average146.35
Two Hundred Day Average158.31

Apple Upcoming Events

Upcoming Quarterly Report27th of January 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of October 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Apple Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Apple income statement, its balance sheet, and the statement of cash flows. Apple investors use historical funamental indicators, such as Apple's revenue or net income, to determine how well the company is positioned to perform in the future. Although Apple investors may use each financial statement separately, they are all related. The changes in Apple's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Apple's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Apple Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Apple. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue10.4 B9.1 B
Cost of Revenue141 B152.7 B
Revenues229.2 B250.3 B
Revenue to Assets 0.61  0.79 
Revenue Per Employee1.8 M1.8 M
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California. Apple operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 154000 people.

Apple Investors Sentiment

The influence of Apple's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Apple. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Apple's public news can be used to forecast risks associated with investment in Apple. The trend in average sentiment can be used to explain how an investor holding Apple can time the market purely based on public headlines and social activities around Apple Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Apple's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Apple's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Apple's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Apple.

Apple Implied Volatility

    
  38.41  
Apple's implied volatility exposes the market's sentiment of Apple Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Apple's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Apple stock will not fluctuate a lot when Apple's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Apple in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Apple's short interest history, or implied volatility extrapolated from Apple options trading.

Current Sentiment - AAPL

Apple Inc Investor Sentiment

Majority of Macroaxis users are presently bullish on Apple Inc. What is your sentiment towards investing in Apple Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Apple

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apple position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apple will appreciate offsetting losses from the drop in the long position's value.

Apple Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Apple could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apple when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apple - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apple Inc to buy it.
The correlation of Apple is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apple moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apple Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apple can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Apple Correlation against competitors. Note that the Apple Inc information on this page should be used as a complementary analysis to other Apple's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running Apple Inc price analysis, check to measure Apple's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apple is operating at the current time. Most of Apple's value examination focuses on studying past and present price action to predict the probability of Apple's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Apple's price. Additionally, you may evaluate how the addition of Apple to your portfolios can decrease your overall portfolio volatility.
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Is Apple's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apple. If investors know Apple will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.086
Market Capitalization
2313.2 B
Quarterly Revenue Growth YOY
0.086
Return On Assets
0.22
Return On Equity
1.49
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apple's market value can be influenced by many factors that don't directly affect Apple's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine Apple value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.