CHARGED ALPHATMFrontier AI stock research

AAPL · NasdaqGS

Apple Inc.

Consumer Electronics · United States

USD 336.13-0.3% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$4.91T
Trailing P/E
38.59x
Forward P/E
35.06x
Quarterly revenue growth
16.4%
Trailing net margin
27.6%
Indicated dividend yield
0.3%

Snapshot 2026-09-20 · Latest financial period 2026-06-27 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-10-29 (provider estimate, not issuer-confirmed).

Company background

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple Vision Pro, Apple TV, Apple Watch, Beats products, and HomePod, as well as Apple branded and third-party accessories. It also provides AppleCare support and cloud services; and operates various platforms, including the App Store that allows customers to discover and download applications and digital content, such as books, music, video, games, and podcasts, as well as advertising services include third-party licensing arrangements and its own advertising platforms. In addition, the company offers various subscription-based services, such as Apple Arcade, a game subscription service; Apple Fitness+, a personalized fitness service; Apple Music, which offers users a curated listening experience with on-demand radio stations; Apple News+, a subscription news and magazine service; Apple TV, which offers original content and live sports; Apple Card, a co-branded credit card; and Apple Pay, a cashless payment service, as well as licenses its intellectual property. The company serves consumers, and small and mid-sized businesses; and the education, enterprise, and government markets. It distributes third-party applications for its products through the App Store. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers and resellers. The company was formerly known as Apple Computer, Inc. and changed its name to Apple Inc. in January 2007. Apple Inc. was founded in 1976 and is headquartered in Cupertino, California.

Company website

Q3 FY2026

Go beyond the headline.

Apple (AAPL): Best June Quarter Ever, Stock Down 6% — Tim Cook Called It a ”100-Year Flood”

Published 2026-07-30

Comparable businesses

AAPL peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricAAPLApple Inc.Snapshot 2026-09-20Financial period: 2026-06-27LOGILogitech International S.A.Snapshot 2026-09-20Financial period: 2026-06-30SONOSonos, Inc.Snapshot 2026-09-20Financial period: 2026-06-27
Market capMarket value, converted to USDUS$4.91TUS$14.49BUS$1.84B
Forward P/EProvider forward earnings estimate35.06x16.65x11.90x
EV / EBITDAEnterprise value / trailing EBITDA29.34x13.35x14.66x
Revenue growthLatest quarter vs prior-year quarter16.4%6.9%8.8%
Operating marginLatest reported quarter32.6%21.2%4.4%
Free cash flow yieldTrailing cash flow / market cap2.2%5.0%5.3%
Net debt / EBITDANet debt / trailing EBITDA0.13x-1.73x-1.83x
Debt / equityTotal debt / positive book equity0.78x0.04x0.14x
Trailing P/ETrailing twelve-month earnings38.59x18.57x34.51x
Price / bookPrice / positive book equity per share45.67x6.18x4.55x
EV / salesEnterprise value / trailing revenue10.55x2.61x1.10x
Earnings growthLatest quarter vs prior-year quarter28.7%66.3%
Gross marginTrailing twelve months48.7%45.2%45.0%
Net marginTrailing twelve months27.6%16.3%3.8%
Return on equityProvider trailing return; positive equity only148.8%35.3%14.2%
Free cash flow marginTrailing free cash flow / revenue23.1%14.7%6.5%
Dividend yieldIndicated annual dividend / price0.3%1.7%
Earnings payoutProvider trailing dividend payout12.0%29.0%0.0%
Current ratioCurrent assets / current liabilities1.00x2.31x1.61x
BetaProvider historical market sensitivity1.080.651.94

Logitech International S.A. (LOGI)

Smaller industry benchmark · 0.00x market cap

Consumer devices

No Charged Alpha episode is linked for this listing yet.

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

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Market context

Valuation & price history

Adjusted closing price

Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for AAPL

All available reporting periods
Q3 FY20262026-07-30
Q2 FY20262026-05-01

AAPL Stock: Q2 FY2026 Earnings Analysis

Presentation · 2026-05-01 · YouTube

Q1 20262026-04-07

AAPL Q1 2026 earnings analysis

Presentation · 2026-04-07 · YouTube

Reported figures

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