Apple (AAPL) EV to FCF (2009 - 2026)
Apple's (AAPL) EV to FCF stood at 29.87 in fiscal Q3 2026 (quarter ended Jun 27, 2026), down 2.0% from 30.48 a year earlier but up 7.8% from the prior quarter.
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Analysis
Apple (AAPL) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, Apple's EV to FCF came in at 28.48 as of Jun 27, 2026, down 0.9% year-over-year; for FY2025 (ended Sep 27, 2025), it came in at 37.66, up 21.3% from FY2024.
- Annual EV to FCF has increased for three straight fiscal years.
- Across earlier fiscal years, EV to FCF came in at 31.05 in FY2024 (+18.9%), 26.12 in FY2023 (+23.8%), 21.09 in FY2022 (-16.6%) and 25.29 in FY2021 (+2.2%).
- Quarterly EV to FCF has ranged from 20.59 in fiscal Q1 2023 to 38.56 in fiscal Q1 2025 over the past five years.
- On a year-over-year basis, EV to FCF has declined for three consecutive quarters, with growth averaging 9.9% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 41.9% in fiscal Q1 2025, against a decline of 25.6% in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 27.72 (Q2 2026), 32.05 (Q1 2026) and 37.66 (Q4 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 29.87 |
| Mar 28, 2026 | 27.72 |
| Dec 27, 2025 | 32.05 |
| Sep 27, 2025 | 37.66 |
| Jun 28, 2025 | 30.48 |
| Mar 29, 2025 | 32.56 |
| Dec 28, 2024 | 38.56 |
| Sep 28, 2024 | 31.05 |
| Jun 29, 2024 | 30.14 |
| Mar 30, 2024 | 25.15 |
| Dec 30, 2023 | 27.17 |
| Sep 30, 2023 | 26.12 |
| Jul 1, 2023 | 29.44 |
| Apr 1, 2023 | 26.02 |
| Dec 31, 2022 | 20.59 |
| Sep 24, 2022 | 21.09 |
| Jun 25, 2022 | 20.75 |
| Mar 26, 2022 | 26.28 |
| Dec 25, 2021 | 27.65 |
| Sep 25, 2021 | 25.29 |
API Access
Apple EV to FCF 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-fcf&ticker=AAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();