Apple (AAPL) Price-to-Free-Cash-Flow (2024)

What is Apple Price-to-Free-Cash-Flow?

As of today (2024-04-26), Apple's share price is $169.89. Apple's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.81. Hence, Apple's Price-to-Free-Cash-Flow Ratio for today is 24.96.

The historical rank and industry rank for Apple's Price-to-Free-Cash-Flow or its related term are showing as below:

AAPL' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 8.53 Med: 16.63 Max: 32.65
Current: 24.96

During the past 13 years, Apple's highest Price-to-Free-Cash-Flow Ratio was 32.65. The lowest was 8.53. And the median was 16.63.

AAPL's Price-to-Free-Cash-Flow is ranked worse than
63.22% of 1346 companies
in the Hardware industry
Industry Median: 16.84 vs AAPL: 24.96

Apple's Free Cash Flow per Share for the threemonths ended in Dec. 2023 was $2.41. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $6.81.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Apple was 12.90% per year.During the past 3 years, the average Free Cash Flow per Share Growth Rate was 14.60% per year.During the past 5 years, the average Free Cash Flow per Share Growth Rate was 18.60% per year.During the past 10 years, the average Free Cash Flow per Share Growth Rate was 14.10% per year.

During the past 13 years, Apple's highest 3-Year average Free Cash Flow per Share Growth Rate was 117.80% per year. The lowest was -45.00% per year. And the median was 24.30% per year.

Apple Price-to-Free-Cash-Flow Historical Data

The historical data trend for Apple's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Price-to-Free-Cash-Flow Chart

Apple Annual Data
	Trend	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Price-to-Free-Cash-Flow											Get a 7-Day Free Trial	17.68	27.67	25.67	20.25	27.18

Apple Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Free-Cash-Flow	Get a 7-Day Free Trial															21.55	27.11	30.57	27.18	28.29

Competitive Comparison of Apple's Price-to-Free-Cash-Flow

For the Consumer Electronics subindustry, Apple's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

Apple's Price-to-Free-Cash-Flow Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apple's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Apple's Price-to-Free-Cash-Flow falls into.

Apple Price-to-Free-Cash-Flow Calculation

Apple's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio	=	Share Price	/	Free Cash Flow per Share (TTM)
	=	169.89	/	6.806
	=	24.96

Apple's Share Price of today is $169.89.
Apple's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.81.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio

Market Cap

Free Cash Flow

Apple(NAS:AAPL) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.

Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.

Apple Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Apple's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.

Apple (AAPL) Business Description

Industry

GURUFOCUS.COM »STOCK LIST »Technology » Hardware » Apple Inc (NAS:AAPL) » Definitions » Price-to-Free-Cash-Flow

Comparable Companies

SONO VZIO HEAR GPRO VOXX UEIC FEBO VUZI HLOC AXIL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 BOM:540699 SZSE:300866

Traded in Other Exchanges

AAPL:Peru AAPL:Mexico AAPL:Italy APCd:UK 0R2V:UK APC8:Germany APC:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil AAPL:Austria AAPL:Argentina

Address

One Apple Park Way, Cupertino, CA, USA, 95014

Website

https://www.apple.com

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Executives

Chris Kondo	officer: Principal Accounting Officer	1 INFINITE LOOP, CUPERTINO CA 95014
Katherine L. Adams	officer: SVP, General Counsel	APPLE INC., 1 INFINITE LOOP, CUPERTINO CA 95014
Luca Maestri	officer: Senior Vice President, CFO	1 INFINITE LOOP, CUPERTINO CA 95014
Jeffrey E Williams	officer: COO	ONE INFINITE LOOP, CUPERTINO CA 95014
Deirdre O'brien	officer: Senior Vice President	ONE APPLE PARK WAY, CUPERTINO CA 95014
Timothy D Cook	director, officer: Chief Executive Officer	C/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Arthur D Levinson	director	C/O GENENTECH INC, 1 DNA WAY MS 49, SOUTH SAN FRANCISCO CA 94080-4990
Alex Gorsky	director	JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Monica C Lozano	director
Angela J Ahrendts	officer: Senior Vice President	1 INFINITE LOOP, CUPERTINO CA 95014
Johny Srouji	officer: Senior Vice President	1 INFINITE LOOP, CUPERTINO CA 95014
Craig Federighi	officer: Senior Vice President	807 11TH AVENUE, SUNNYVALE CA 94089
Daniel J. Riccio	officer: Senior Vice President	1 INFINITE LOOP, CUPERTINO CA 95014
Philip W Schiller	officer: Senior Vice President	C/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Susan Wagner	director	C/O BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022