Apple (AAPL) EV to FCF (2009 - 2026)
Apple's (AAPL) EV to FCF stood at 36.01 in fiscal Q4 2026 (quarter ended Sep 26, 2026), down 4.4% from 37.66 a year earlier but up 20.5% from the prior quarter.
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Analysis
Apple (AAPL) EV to FCF (2009 - 2026) Analysis & Trends
Starting with fiscal Q3 2009, Apple's EV to FCF history includes 70 quarters.
- Across earlier fiscal years, EV to FCF came in at 37.66 in FY2025 (+21.3%), 31.05 in FY2024 (+18.9%), 26.12 in FY2023 (+23.8%) and 21.09 in FY2022 (-16.6%).
- 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 four consecutive quarters, with growth averaging 7.0% 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 29.87 (Q3 2026), 27.72 (Q2 2026) and 32.05 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 36.01 |
| 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 |
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();