Apple (AAPL) EV to CFO (2009 - 2026)
Apple's (AAPL) EV to CFO came in at 33.77 for fiscal Q4 2026 (quarter ended Sep 26, 2026), up 1.2% from 33.36 a year earlier and up 21.3% from the prior quarter.
Analysis
Apple (AAPL) EV to CFO (2009 - 2026) Analysis & Trends
Since fiscal Q3 2009, Apple has reported EV to CFO for 70 quarters.
- Annual EV to CFO has increased for four consecutive fiscal years.
- In prior fiscal years, Apple's EV to CFO was 33.36 in FY2025 (+16.8%), 28.57 in FY2024 (+21.4%), 23.53 in FY2023 (+22.3%) and 19.24 in FY2022 (-14.9%).
- The fiscal Q4 2026 figure stands as the highest quarterly EV to CFO since fiscal Q1 2025.
- On a year-over-year basis, EV to CFO increased in five of the last eight quarters, with growth averaging 6.9%.
- 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 27.83 (Q3 2026), 25.54 (Q2 2026) and 29.18 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,090.84 Bn | 4,836.31 Bn | 54.82 Bn |
| 2 | Cisco Systems | 390.99 Bn | 326.92 Bn | 11.06 Bn |
| 3 | Arista Networks | 240.45 Bn | 189.65 Bn | 2.33 Bn |
| 4 | Dell Technologies | 219.04 Bn | 174.80 Bn | 9.83 Bn |
| 5 | Sony | 158.27 Bn | 38.21 Bn | - |
| 6 | Sandisk | 129.40 Bn | 114.23 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 114.31 Bn | 109.16 Bn | 2.43 Bn |
| 8 | Western Digital | 105.81 Bn | 95.63 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 63.81 Bn | 41.69 Bn | 4.93 Bn |
| 10 | Lumentum Holdings | 55.90 Bn | 46.85 Bn | 644.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 33.77 |
| 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 |
API Access
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();