Apple (AAPL) Payout Ratio (2012 - 2026)
Apple's (AAPL) quarterly Payout Ratio came in at 0.13 in Q2 2026, down 19.6% on a YoY basis from 0.17 in Q2 2025, and up 2.97% quarter-over-quarter from 0.13 in Q1 2026.
Apple (AAPL) Payout Ratio (2012 - 2026) Analysis & Trends
Apple (AAPL) has reported Payout Ratio for 15 consecutive years, with 0.13 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio fell 19.6% year-over-year to 0.13; the trailing twelve-month figure through Jun 2026 stood at 0.12 (down 21.64% YoY), and the FY2025 full-year result was 0.14, down 15.29% from the prior year.
- Payout Ratio advanced to 0.13 in Q2 2026 per AAPL's latest filing, from 0.13 in the prior quarter.
- Across five years, Payout Ratio topped out at 0.26 in Q3 2024 and bottomed at 0.09 in Q4 2025.
- Historically, Payout Ratio has averaged 0.15 across 5 years, with a median of 0.15 in 2023.
- The sharpest annual moves came in 2024 and 2025: Payout Ratio jumped 57.69% in 2024, then sank 45.53% in 2025.
- Over 5 years, Payout Ratio stood at 0.13 in 2022, then decreased by 10.21% to 0.11 in 2023, then declined by 5.89% to 0.11 in 2024, then declined by 12.24% to 0.09 in 2025, then soared by 44.09% to 0.13 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.13, 0.13, and 0.09 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,923.51 Bn | 4,861.11 Bn | 54.77 Bn |
| 2 | Cisco Systems | 419.97 Bn | 404.45 Bn | 11.06 Bn |
| 3 | Dell Technologies | 351.63 Bn | 340.06 Bn | 9.83 Bn |
| 4 | Sandisk | 265.22 Bn | 260.46 Bn | 7.58 Bn |
| 5 | Arista Networks | 256.62 Bn | 243.27 Bn | 1.91 Bn |
| 6 | Seagate Technology Holdings | 209.52 Bn | 207.82 Bn | 1.90 Bn |
| 7 | Western Digital | 171.00 Bn | 169.42 Bn | 2.03 Bn |
| 8 | Sony | 142.68 Bn | 123.26 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 83.02 Bn | 80.28 Bn | 477.30 Mn |
| 10 | Hewlett Packard Enterprise | 82.82 Bn | 76.61 Bn | 4.93 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 0.12 |
| Mar 28, 2026 | 0.13 |
| Dec 27, 2025 | 0.13 |
| Sep 27, 2025 | 0.14 |
| Jun 28, 2025 | 0.15 |
| Mar 29, 2025 | 0.16 |
| Dec 28, 2024 | 0.16 |
| Sep 28, 2024 | 0.16 |
| Jun 29, 2024 | 0.15 |
| Mar 30, 2024 | 0.15 |
| Dec 30, 2023 | 0.15 |
| Sep 30, 2023 | 0.15 |
| Jul 1, 2023 | 0.16 |
| Apr 1, 2023 | 0.16 |
| Dec 31, 2022 | 0.16 |
| Sep 24, 2022 | 0.15 |
| Jun 25, 2022 | 0.15 |
| Mar 26, 2022 | 0.14 |
| Dec 25, 2021 | 0.15 |
| Sep 25, 2021 | 0.15 |
Apple Payout Ratio 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=payout-ratio&ticker=AAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();