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

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

As of today (2024-06-23), Apple's share price is $207.72. Apple's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $6.53. Hence, Apple's Price-to-Free-Cash-Flow Ratio for today is 31.83.

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: 17.02 Max: 32.65
Current: 31.83

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 17.02.

AAPL's Price-to-Free-Cash-Flow is ranked worse than
69.86% of 1400 companies
in the Hardware industry
Industry Median: 18.21 vs AAPL: 31.83

Apple's Free Cash Flow per Share for the threemonths ended in Mar. 2024 was $1.34. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $6.53.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Apple was 7.30% 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
TrendSep14Sep15Sep16Sep17Sep18Sep19Sep20Sep21Sep22Sep23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial17.68 27.67 25.67 20.25 27.18
Apple Quarterly Data
Jun19Sep19Dec19Mar20Jun20Sep20Dec20Mar21Jun21Sep21Dec21Mar22Jun22Sep22Dec22Mar23Jun23Sep23Dec23Mar24
Price-to-Free-Cash-FlowGet a 7-Day Free Trial27.11 30.57 27.18 28.29 26.28

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:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

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)
=207.72/6.526
=31.83

Apple's Share Price of today is $207.72.
Apple's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.53.

* 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.

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

VZIO SONO HEAR GPRO WTO UEIC FEBO VUZI VOXX 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:Ukraine AAPL:Peru AAPL:Mexico 1AAPL:Italy APCd:UK 0R2V:UK APC8:Germany APC:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil APC:Bulgaria AAPL:Austria AAPL:Argentina

Address

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

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 Kondoofficer: Principal Accounting Officer1 INFINITE LOOP, CUPERTINO CA 95014
Katherine L. Adamsofficer: SVP, General CounselAPPLE INC., 1 INFINITE LOOP, CUPERTINO CA 95014
Luca Maestriofficer: Senior Vice President, CFO1 INFINITE LOOP, CUPERTINO CA 95014
Jeffrey E Williamsofficer: COOONE INFINITE LOOP, CUPERTINO CA 95014
Deirdre O'brienofficer: Senior Vice PresidentONE APPLE PARK WAY, CUPERTINO CA 95014
Timothy D Cookdirector, officer: Chief Executive OfficerC/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Arthur D LevinsondirectorC/O GENENTECH INC, 1 DNA WAY MS 49, SOUTH SAN FRANCISCO CA 94080-4990
Alex GorskydirectorJOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Monica C Lozanodirector
Angela J Ahrendtsofficer: Senior Vice President1 INFINITE LOOP, CUPERTINO CA 95014
Johny Sroujiofficer: Senior Vice President1 INFINITE LOOP, CUPERTINO CA 95014
Craig Federighiofficer: Senior Vice President807 11TH AVENUE, SUNNYVALE CA 94089
Daniel J. Riccioofficer: Senior Vice President1 INFINITE LOOP, CUPERTINO CA 95014
Philip W Schillerofficer: Senior Vice PresidentC/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Susan WagnerdirectorC/O BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022

Apple (AAPL) Headlines

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

FAQs

Apple (AAPL) Price-to-Free-Cash-Flow? ›

Hence, Apple's Price-to-Free-Cash-Flow Ratio for today is 32.04. During the past 13 years, Apple's highest Price-to-Free-Cash-Flow Ratio was 32.65. The lowest was 8.55. And the median was 17.03.

What is AAPL free cash flow? ›

Apple Free Cash Flow: 101.92B for March 31, 2024.

What is Apple's price to operating cash flow? ›

Hence, Apple's Price-to-Operating-Cash-Flow Ratio for today is 30.02. During the past 13 years, Apple's highest Price-to-Operating-Cash-Flow Ratio was 30.34. The lowest was 6.80. And the median was 14.02.

What is the FCF margin of Apple? ›

As of today, Apple's current FCF Yield % is 3.10%. During the past 13 years, the highest FCF Margin % of Apple was 29.86%. The lowest was 22.59%. And the median was 25.70%.

What is Apple's projected FCF? ›

As of today (2024-06-23), Apple's Intrinsic Value: Projected FCF is $85.81. The stock price of Apple is $207.72. Therefore, Apple's Price-to-Intrinsic-Value-Projected-FCF of today is 2.4. During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Apple was 2.66.

What is Apple's price to FCF ratio? ›

Hence, Apple's Price-to-Free-Cash-Flow Ratio for today is 31.83. 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 17.02.

What is the price to FCF? ›

Price to free cash flow removes capital expenditures, working capital, and dividends so that you compare the cash a company has left over after obligations to its stock price. As a result, it is a better indicator of the ability of a business to continue operating.

What is the free cash flow of Tesla? ›

Tesla annual free cash flow for 2023 was $4.358B, a 48.74% decline from 2022. Tesla annual free cash flow for 2022 was $8.502B, a 124.5% increase from 2021. Tesla annual free cash flow for 2021 was $3.787B, a 35.93% increase from 2020.

What is a good price to operating cash flow? ›

A good price-to-cash-flow ratio is any number below 10. Lower ratios show that a stock is undervalued when compared to its cash flows, meaning there is a better value in the stock.

What is Nvidia free cash flow? ›

NVIDIA Free Cash Flow (Quarterly): 14.98B for April 30, 2024.

What is Tesla's FCF margin? ›

As of today, Tesla's current FCF Yield % is 0.25%. During the past 13 years, the highest FCF Margin % of Tesla was 9.27%. The lowest was -53.37%. And the median was 1.46%.

How much FCF is good? ›

To have a healthy free cash flow, you want to have enough free cash on hand to be able to pay all of your company's bills and costs for a month, and the more you surpass that number, the better. Some investors and analysts believe that a good free cash flow for a SaaS company is anywhere from about 20% to 25%.

What is a good FCF margin? ›

Most businesses typically aim for an FCF margin of around 10% to 15% or more which shows that they are generating cash flow from their core activities. If a company's FCF margin falls below 5% it can be a red flag unless the business requires capital investments.

What is the free cash flow of Apple? ›

Free Cash Flow (Quarterly) Range, Past 5 Years
  • 9.636B. Jun 2019.
  • 44.16B. Dec 2021.
  • 20.81B.

What is the FCF yield of Apple? ›

As of today, Apple's Trailing 12-Month Free Cash Flow is $101,919 Mil, and Market Cap is $3,191,636 Mil. Therefore, Apple's FCF Yield % for today is 3.19%.

Does Apple have a good cash flow? ›

Apple annual free cash flow for 2023 was $99.584B, a 10.64% decline from 2022. Apple annual free cash flow for 2022 was $111.443B, a 19.89% increase from 2021. Apple annual free cash flow for 2021 was $92.953B, a 26.7% increase from 2020.

Does Warren Buffett use free cash flow? ›

First, he studies what he refers to as "owner's earnings." This is essentially the cash flow available to shareholders, technically known as free cash flow-to-equity (FCFE). Buffett defines this metric as net income plus depreciation, minus any capital expenditures (CAPX) and working capital (W/C) costs.

Does Apple have a positive cash flow? ›

Positive Fundamentals

Apple has maintained positive total cash flow in the most recent four quarters, indicating robust financial health and efficient cash management.

What is a good FCF yield? ›

Free Cash Flow Yield determines if the stock price provides good value for the amount of free cash flow being generated. In general, especially when researching dividend stocks, yields above 4% would be acceptable for further research. Yields above 7% would be considered of high rank.

What does stock free cash flow mean? ›

Free cash flow (FCF) is a company's available cash repaid to creditors and as dividends and interest to investors. Management and investors use free cash flow as a measure of a company's financial health. FCF reconciles net income by adjusting for non-cash expenses, changes in working capital, and capital expenditures.

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