Financial Summary
Apple Inc. (AAPL)
Technology
★
★
★
★
★
Strong Buy
S
| Symbol | AAPL |
|---|---|
| Price | 318.31$ |
| Beta | 1.23 |
| Volume Avrg. | 27.21M |
| Market Cap | 1,395.48B |
| Shares (2019) | 4,617,834.00K |
| Last Div | 2.92 |
| Dividend Yield | 0.96% |
| DCF Unlevered | 234.81 | Sell |
|---|---|---|
| DCF Levered | 319.67 | Neutral |
| ROE | 61.06% | Strong Buy |
| ROA | 58.48% | Strong Buy |
| Operating Margin | 24.57% | Buy |
| Debt / Equity | 119.40% | Buy |
| P/E | 18.71 | Strong Buy |
| P/B | 11.12 | Strong Buy |
Income Statement
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share Basic | 1.32 | 15.41 | 28.05 | 44.64 | 40.03 | 6.49 | 9.28 | 8.35 | 9.27 | 12.01 | 11.97 |
| Net Profit Margin | 0.19 | 0.21 | 0.24 | 0.27 | 0.22 | 0.22 | 0.23 | 0.21 | 0.21 | 0.22 | 0.21 |
| Earnings Per Share Diluted | 1.30 | 15.15 | 27.68 | 44.15 | 39.75 | 6.45 | 9.22 | 8.31 | 9.21 | 11.91 | 11.89 |
| Revenue | 42,905.00 | 65,225.00 | 108,249.00 | 156,508.00 | 170,910.00 | 182,795.00 | 233,715.00 | 215,639.00 | 229,234.00 | 265,595.00 | 260,174.00 |
| Weighted Average Shares Outstanding | 6,270.72 | 909.46 | 924.26 | 934.82 | 925.33 | 6,085.57 | 5,753.42 | 5,470.82 | 5,217.24 | 4,955.38 | 4,617.83 |
| Gross Profit | 17,222.00 | 25,684.00 | 43,818.00 | 68,662.00 | 64,304.00 | 70,537.00 | 93,626.00 | 84,263.00 | 88,186.00 | 101,839.00 | 98,392.00 |
| Weighted Average Shares Outstanding (Diluted) | 6,251.11 | 909.46 | 924.26 | 934.82 | 925.33 | 6,085.57 | 5,753.42 | 5,470.82 | 5,217.24 | 4,955.38 | 4,617.83 |
| Sales, General and Administrative Expense | 4,149.00 | 11,034.00 | 15,198.00 | 20,080.00 | 21,660.00 | 23,986.00 | 28,658.00 | 28,388.00 | 30,522.00 | 33,410.00 | 36,490.00 |
| Dividend per Share | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 11,740.00 | 18,385.00 | 33,790.00 | 55,241.00 | 48,999.00 | 52,503.00 | 71,230.00 | 60,024.00 | 61,344.00 | 70,898.00 | 63,930.00 |
| Gross Margin | 0.40 | 0.39 | 0.40 | 0.44 | 0.38 | 0.39 | 0.40 | 0.39 | 0.38 | 0.38 | 0.38 |
| Earnings before Tax | 12,066.00 | 18,540.00 | 34,205.00 | 55,763.00 | 50,155.00 | 53,483.00 | 72,515.00 | 61,372.00 | 64,089.00 | 72,903.00 | 65,737.00 |
| EBITDA Margin | 0.30 | 0.30 | 0.33 | 0.37 | 0.33 | 0.33 | 0.35 | 0.33 | 0.31 | 0.31 | 0.29 |
| Net Income | 8,235.00 | 14,013.00 | 25,922.00 | 41,733.00 | 37,037.00 | 39,510.00 | 53,394.00 | 45,687.00 | 48,351.00 | 59,531.00 | 55,256.00 |
| EBIT Margin | 0.28 | 0.28 | 0.31 | 0.35 | 0.29 | 0.29 | 0.30 | 0.28 | 0.27 | 0.27 | 0.25 |
| Net Income - Discounted ops | - | - | - | - | - | - | - | - | - | - | - |
| Profit Margin | 0.19 | 0.21 | 0.24 | 0.27 | 0.22 | 0.22 | 0.23 | 0.21 | 0.21 | 0.22 | 0.21 |
| Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow margin | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| R&D Expenses | 1,333.00 | 1,782.00 | 2,429.00 | 3,381.00 | 4,475.00 | 6,041.00 | 8,067.00 | 10,045.00 | 11,581.00 | 14,236.00 | 16,217.00 |
| Interest Expense | - | 4,527.00 | 8,283.00 | 14,030.00 | 13,118.00 | 13,973.00 | 19,121.00 | 15,685.00 | 15,738.00 | 13,372.00 | 10,481.00 |
| Earnings Before Tax Margin | 0.28 | 0.28 | 0.32 | 0.36 | 0.29 | 0.29 | 0.31 | 0.28 | 0.28 | 0.27 | 0.25 |
| Consolidated Income | 8,235.00 | 14,013.00 | 25,922.00 | 41,733.00 | 37,037.00 | 39,510.00 | 53,394.00 | 45,687.00 | 48,351.00 | 59,531.00 | 55,256.00 |
| EBIT | 12,066.00 | 18,385.00 | 33,790.00 | 55,241.00 | 48,999.00 | 52,503.00 | 71,230.00 | 60,024.00 | 61,344.00 | 70,898.00 | 63,930.00 |
| EBITDA | 12,800.00 | 19,412.00 | 35,604.00 | 58,518.00 | 55,756.00 | 60,449.00 | 82,487.00 | 70,529.00 | 71,501.00 | 81,801.00 | 76,477.00 |
| Income Tax Expense | 3,831.00 | 4,527.00 | 8,283.00 | 14,030.00 | 13,118.00 | 13,973.00 | 19,121.00 | 15,685.00 | 15,738.00 | 13,372.00 | 10,481.00 |
| Operating Expenses | 5,482.00 | 12,816.00 | 17,627.00 | 23,461.00 | 26,135.00 | 30,027.00 | 36,725.00 | 38,433.00 | 42,103.00 | 47,646.00 | 52,707.00 |
| Cost of Revenue | 25,683.00 | 39,541.00 | 64,431.00 | 87,846.00 | 106,606.00 | 112,258.00 | 140,089.00 | 131,376.00 | 141,048.00 | 163,756.00 | 161,782.00 |
| Net Income Com | 8,235.00 | 14,013.00 | 25,922.00 | 41,733.00 | 37,037.00 | 39,510.00 | 53,394.00 | 45,687.00 | 48,351.00 | 59,531.00 | 55,256.00 |
| Net Income - Non-Controlling int | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet Statement
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current liabilities | 11,506.00 | 20,722.00 | 27,970.00 | 38,542.00 | 43,658.00 | 63,448.00 | 80,610.00 | 79,006.00 | 100,814.00 | 116,866.00 | 105,718.00 |
| Other Liabilities | 5,905.00 | - | - | - | - | - | - | - | - | - | - |
| Long-term debt | - | - | - | - | 16,960.00 | 28,987.00 | 53,463.00 | 75,427.00 | 97,207.00 | 93,735.00 | 91,807.00 |
| Cash and cash equivalents | 5,263.00 | 11,261.00 | 9,815.00 | 10,746.00 | 14,259.00 | 13,844.00 | 21,120.00 | 20,484.00 | 20,289.00 | 25,913.00 | 48,844.00 |
| Total debt | - | - | - | - | 16,960.00 | 35,295.00 | 55,963.00 | 78,927.00 | 103,703.00 | 102,519.00 | 102,067.00 |
| Cash and short-term investments | 23,464.00 | 25,620.00 | 25,952.00 | 29,129.00 | 40,546.00 | 25,077.00 | 41,601.00 | 67,155.00 | 74,181.00 | 66,301.00 | 100,557.00 |
| Deferred revenue | 2,906.00 | 2,984.00 | 4,091.00 | 5,953.00 | 7,435.00 | 8,491.00 | 8,940.00 | 8,080.00 | 7,548.00 | 7,543.00 | 5,522.00 |
| Inventories | 455.00 | 1,051.00 | 776.00 | 791.00 | 1,764.00 | 2,111.00 | 2,349.00 | 2,132.00 | 4,855.00 | 3,956.00 | 4,106.00 |
| Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill and Intangible Assets | 453.00 | 1,083.00 | 4,432.00 | 5,359.00 | 5,756.00 | 8,758.00 | 9,009.00 | 8,620.00 | 8,015.00 | - | - |
| Deposit Liabilities | - | - | - | - | - | - | - | - | - | - | - |
| Tax assets | 1,135.00 | 1,636.00 | 2,014.00 | 2,583.00 | 3,453.00 | 4,318.00 | 5,546.00 | - | - | - | - |
| Total non-current liabilities | 4,355.00 | 8,306.00 | 13,800.00 | 21,895.00 | 43,246.00 | 61,162.00 | 90,514.00 | 114,431.00 | 140,458.00 | 141,712.00 | 142,310.00 |
| Total current assets | 15,946.00 | 41,678.00 | 44,988.00 | 57,653.00 | 73,286.00 | 68,531.00 | 89,378.00 | 106,869.00 | 128,645.00 | 131,339.00 | 162,819.00 |
| Total liabilities | 15,861.00 | 27,392.00 | 39,756.00 | 57,854.00 | 83,451.00 | 120,292.00 | 171,124.00 | 193,437.00 | 241,272.00 | 258,578.00 | 248,028.00 |
| Payables | 5,601.00 | 12,015.00 | 14,632.00 | 21,175.00 | 22,367.00 | 30,196.00 | 35,490.00 | 37,294.00 | 49,049.00 | 55,888.00 | 46,236.00 |
| Other comprehensive income | 77.00 | - | - | - | - | 17,446.84 | 21,837.25 | 25,914.83 | 30,740.80 | 35,446.01 | 40,730.76 |
| Short-term investments | 18,201.00 | 14,359.00 | 16,137.00 | 18,383.00 | 26,287.00 | 11,233.00 | 20,481.00 | 46,671.00 | 53,892.00 | 40,388.00 | 51,713.00 |
| Retained earnings (deficit) | 23,353.00 | 37,169.00 | 62,841.00 | 101,289.00 | 104,256.00 | 87,152.00 | 92,284.00 | 96,364.00 | 98,330.00 | 70,400.00 | 45,898.00 |
| Property, Plant & Equipment Net | 2,954.00 | 4,768.00 | 7,777.00 | 15,452.00 | 16,597.00 | 20,624.00 | 22,471.00 | 27,010.00 | 33,783.00 | 41,304.00 | 37,378.00 |
| Total non-current assets | 4,355.00 | 33,505.00 | 71,383.00 | 118,411.00 | 133,714.00 | 163,308.00 | 201,101.00 | 214,817.00 | 246,674.00 | 234,386.00 | 175,697.00 |
| Other Assets | 2,579.00 | - | - | - | - | - | - | - | - | - | - |
| Net Debt | -23,464.00 | -11,261.00 | -9,815.00 | -10,746.00 | 2,701.00 | 21,451.00 | 34,843.00 | 58,443.00 | 83,414.00 | 76,606.00 | 53,223.00 |
| Investments | 28,729.00 | 39,750.00 | 71,755.00 | 110,505.00 | 132,502.00 | 141,395.00 | 184,546.00 | 217,101.00 | 248,606.00 | 211,187.00 | 157,054.00 |
| Total shareholders equity | 31,640.00 | 47,791.00 | 76,615.00 | 118,210.00 | 123,549.00 | 111,547.00 | 119,355.00 | 128,249.00 | 134,047.00 | 107,147.00 | 90,488.00 |
| Total assets | 47,501.00 | 75,183.00 | 116,371.00 | 176,064.00 | 207,000.00 | 231,839.00 | 290,479.00 | 321,686.00 | 375,319.00 | 365,725.00 | 338,516.00 |
| Long-term investments | 10,528.00 | 25,391.00 | 55,618.00 | 92,122.00 | 106,215.00 | 130,162.00 | 164,065.00 | 170,430.00 | 194,714.00 | 170,799.00 | 105,341.00 |
| Receivables | 5,057.00 | 5,510.00 | 5,369.00 | 10,930.00 | 13,102.00 | 17,460.00 | 16,849.00 | 15,754.00 | 17,874.00 | 23,186.00 | 22,926.00 |
| Short-term debt | - | - | - | - | - | 6,308.00 | 2,500.00 | 3,500.00 | 6,496.00 | 8,784.00 | 10,260.00 |
Cash Flow Statement
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Insurance (repayment) of debt | - | - | - | - | - | - | - | - | - | - | - |
| Net Cash/Marketcap | 0.00 | - | - | - | - | - | - | - | - | - | - |
| Insurance (buybacks) of shares | - | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 734.00 | 1,027.00 | 1,814.00 | 3,277.00 | 6,757.00 | 7,946.00 | 11,257.00 | 10,505.00 | 10,157.00 | 10,903.00 | 12,547.00 |
| Dividend payments | - | - | - | -2,488.00 | -10,564.00 | -11,126.00 | -11,561.00 | -12,150.00 | -12,769.00 | -13,712.00 | -14,119.00 |
| Operating Cash Flow | 10,159.00 | 18,595.00 | 37,529.00 | 50,856.00 | 53,666.00 | 59,713.00 | 81,266.00 | 65,824.00 | 63,598.00 | 77,434.00 | 69,391.00 |
| Acquisitions and disposals | - | -638.00 | -244.00 | -350.00 | -496.00 | -3,765.00 | -343.00 | -297.00 | -329.00 | -721.00 | -624.00 |
| Free Cash Flow | 8,946.00 | 16,590.00 | 33,269.00 | 42,561.00 | 45,501.00 | 50,142.00 | 70,019.00 | 53,090.00 | 51,147.00 | 64,121.00 | 58,896.00 |
| Net cash flow / Change in cash | -6,612.00 | 5,998.00 | -1,446.00 | 931.00 | 3,513.00 | -415.00 | 7,276.00 | -636.00 | -195.00 | 5,624.00 | 24,311.00 |
| Effect of forex changes on cash | - | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | 663.00 | 1,257.00 | 1,444.00 | -1,698.00 | -16,379.00 | -37,549.00 | -17,716.00 | -20,483.00 | -17,347.00 | -87,876.00 | -90,976.00 |
| Investment purchases and sales | -16,046.00 | -11,093.00 | 20,437.00 | 13,035.00 | 20,317.00 | 18,810.00 | 14,538.00 | 19,870.00 | 31,380.00 | 54,363.00 | 58,093.00 |
| Capital Expenditure | -1,213.00 | 2,005.00 | 4,260.00 | 8,295.00 | 8,165.00 | 9,571.00 | 11,247.00 | 12,734.00 | 12,451.00 | 13,313.00 | 10,495.00 |
| Stock-based compensation | 710.00 | 879.00 | 1,168.00 | 1,740.00 | 2,253.00 | 2,863.00 | 3,586.00 | 4,210.00 | 4,840.00 | 5,340.00 | 6,068.00 |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - | - |
Retained Earning Schedule
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Retained Earnings (Previous Year) | - | 23,353 | 37,169 | 62,841 | 101,289 | 104,256 | 87,152 | 92,284 | 96,364 | 98,330 | 70,400 |
| Net Income | 8,235 | 14,013 | 25,922 | 41,733 | 37,037 | 39,510 | 53,394 | 45,687 | 48,351 | 59,531 | 55,256 |
| Stock Dividends | 15,118 | -197 | -250 | -102,086 | -26,473 | 58,768 | -36,701 | -29,457 | -33,616 | -73,749 | -65,639 |
| Divident Paid | - | - | - | -2,488 | -10,564 | -11,126 | -11,561 | -12,150 | -12,769 | -13,712 | -14,119 |
| Retained Earnings | 23,353 | 37,169 | 62,841 | 101,289 | 104,256 | 87,152 | 92,284 | 96,364 | 98,330 | 70,400 | 45,898 |
PPE Schedule
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Gross PPE | - | 2,954 | 4,768 | 7,777 | 15,452 | 16,597 | 20,624 | 22,471 | 27,010 | 33,783 | 41,304 |
| Annual Depreciation | 4,167 | -191 | -1,251 | -620 | -7,020 | -5,544 | -9,400 | -8,195 | -5,678 | -5,792 | -14,421 |
| Capital Expenditure | -1,213 | 2,005 | 4,260 | 8,295 | 8,165 | 9,571 | 11,247 | 12,734 | 12,451 | 13,313 | 10,495 |
| Net PPE | 2,954 | 4,768 | 7,777 | 15,452 | 16,597 | 20,624 | 22,471 | 27,010 | 33,783 | 41,304 | 37,378 |
Intangible and Goodwill Schedule
| Year | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Intangible and Goodwill (Previous Year) | - | 453 | 1,083 | 4,432 | 5,359 | 5,756 | 8,758 | 9,009 | 8,620 | 8,015 | - |
| New Purchases | -16,046 | -11,093 | 20,437 | 13,035 | 20,317 | 18,810 | 14,538 | 19,870 | 31,380 | 54,363 | 58,093 |
| Intangible and Goodwill | 453 | 1,083 | 4,432 | 5,359 | 5,756 | 8,758 | 9,009 | 8,620 | 8,015 | - | - |
Apple Inc. (AAPL)
318.31
-0.92 (-0.29%)
About
Apple Inc is designs, manufactures and markets mobile communication and media devices and personal computers, and sells a variety of related software, services, accessories, networking solutions and third-party digital content and applications.