Apple (AAPL) EV to EBITDA (2009 - 2026)
Apple's (AAPL) EV to EBITDA stood at 24.31 in fiscal Q3 2026 (quarter ended Jun 27, 2026), up 17.5% from 20.69 a year earlier and up 8.6% from the prior quarter.
Apple (AAPL) EV to EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Apple's EV to EBITDA came in at 23.18 as of Jun 27, 2026, up 18.8% year-over-year; for FY2025 (ended Sep 27, 2025), it was 25.69, up 2.4% from FY2024.
- Annual EV to EBITDA has increased for three straight fiscal years.
- Across earlier fiscal years, EV to EBITDA came in at 25.09 in FY2024 (+21.4%), 20.67 in FY2023 (+14.8%), 18.00 in FY2022 (-7.9%) and 19.55 in FY2021 (-16.7%).
- Quarterly EV to EBITDA has ranged from 16.02 in fiscal Q1 2023 to 27.60 in fiscal Q1 2025 over the past five years.
- On a year-over-year basis, EV to EBITDA rose in five of the last eight quarters, with growth averaging 7.4%.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 39.3% in fiscal Q1 2024, against a decline of 27.1% in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 22.38 (Q2 2026), 25.85 (Q1 2026) and 25.69 (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 | 24.31 |
| Mar 28, 2026 | 22.38 |
| Dec 27, 2025 | 25.85 |
| Sep 27, 2025 | 25.69 |
| Jun 28, 2025 | 20.69 |
| Mar 29, 2025 | 23.09 |
| Dec 28, 2024 | 27.60 |
| Sep 28, 2024 | 25.09 |
| Jun 29, 2024 | 23.86 |
| Mar 30, 2024 | 19.77 |
| Dec 30, 2023 | 22.32 |
| Sep 30, 2023 | 20.67 |
| Jul 1, 2023 | 23.98 |
| Apr 1, 2023 | 20.49 |
| Dec 31, 2022 | 16.02 |
| Sep 24, 2022 | 18.00 |
| Jun 25, 2022 | 17.23 |
| Mar 26, 2022 | 21.28 |
| Dec 25, 2021 | 21.97 |
| Sep 25, 2021 | 19.55 |
Apple EV to EBITDA 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-ebitda&ticker=AAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();