Apple (AAPL) EV to CFO (2009 - 2026)
Apple's (AAPL) EV to CFO came in at 27.83 for fiscal Q3 2026 (quarter ended Jun 27, 2026), up 3.0% from 27.01 a year earlier and up 9.0% from the prior quarter.
Apple (AAPL) EV to CFO (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, EV to CFO at Apple was 26.53, up 4.2% year-over-year; for FY2025 (ended Sep 27, 2025), it came in at 33.36, up 16.8% from FY2024.
- Annual EV to CFO has increased for three consecutive fiscal years.
- In prior fiscal years, Apple's EV to CFO was 28.57 in FY2024 (+21.4%), 23.53 in FY2023 (+22.3%), 19.24 in FY2022 (-14.9%) and 22.60 in FY2021 (+0.4%).
- Quarterly EV to CFO has run from a low of 18.38 in fiscal Q1 2023 to a high of 35.00 in fiscal Q1 2025 over five years.
- On a year-over-year basis, EV to CFO increased in five of the last eight quarters, with growth averaging 9.4%.
- The strongest year-over-year quarter for EV to CFO in the past five years was fiscal Q1 2025, with growth of 40.4%; the weakest was fiscal Q1 2023, with a decline of 26.8%.
- According to Business Quant data, EV to CFO for the three prior fiscal quarters was 25.54 (Q2 2026), 29.18 (Q1 2026) and 33.36 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn |
| 10 | Hewlett Packard Enterprise | 84.85 Bn | 62.73 Bn | 4.93 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 27.83 |
| Mar 28, 2026 | 25.54 |
| Dec 27, 2025 | 29.18 |
| Sep 27, 2025 | 33.36 |
| Jun 28, 2025 | 27.01 |
| Mar 29, 2025 | 29.27 |
| Dec 28, 2024 | 35.00 |
| Sep 28, 2024 | 28.57 |
| Jun 29, 2024 | 27.82 |
| Mar 30, 2024 | 23.18 |
| Dec 30, 2023 | 24.94 |
| Sep 30, 2023 | 23.53 |
| Jul 1, 2023 | 26.29 |
| Apr 1, 2023 | 23.15 |
| Dec 31, 2022 | 18.38 |
| Sep 24, 2022 | 19.24 |
| Jun 25, 2022 | 18.88 |
| Mar 26, 2022 | 23.88 |
| Dec 25, 2021 | 25.09 |
| Sep 25, 2021 | 22.60 |
Apple EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=AAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();