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Apple Inc. (AAPL) Stock Fundamental Analysis & AI Rating 2026

AAPL Nasdaq Electronic Computers CA CIK: 0000320193
Recently Updated • Analysis: May 6, 2026 • SEC Data: 2026-03-28
Combined AI Rating
BUY
87% Confidence
AGREEMENT
STRONG BUY
92% Conf
BUY
82% Conf

📊 AAPL Key Takeaways

Revenue: $254.9B
Net Margin: 28.1%
Free Cash Flow: $78.3B
Current Ratio: 1.07x
Debt/Equity: 0.78x
EPS: $4.85
AI Rating: STRONG BUY with 92% confidence
Apple Inc. (AAPL) receives a BUY rating with 87% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $254.9B, net profit margin of 28.1%, and return on equity (ROE) of 67.3%, Apple Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete AAPL stock analysis for 2026.

Is Apple Inc. (AAPL) a Good Investment?

Claude

Apple demonstrates exceptional financial fundamentals with industry-leading profitability (48.6% gross margin, 28.1% net margin), outstanding capital efficiency (67.3% ROE), and robust cash generation ($78.3B free cash flow). Earnings growth of 19.5% significantly outpaces revenue growth of 6.4%, indicating strong operational leverage and efficiency gains despite mature market conditions.

ChatGPT

Apple’s fundamentals remain exceptional, with very high margins, strong net income growth, and outstanding free cash flow conversion relative to revenue. The business shows durable earnings quality and strong operating efficiency, though below-1 current liquidity and a leveraged capital structure temper an otherwise top-tier financial profile.

Why Buy Apple Inc. Stock? AAPL Key Strengths

Claude
  • + Exceptional gross margin of 48.6% and net margin of 28.1% demonstrate pricing power and operational excellence
  • + Outstanding cash generation with $78.3B free cash flow and 30.7% FCF margin; operating cash flow covers capex 19x over
  • + Net income growth of 19.5% YoY far exceeds revenue growth of 6.4%, revealing strong operational leverage
  • + Exceptional capital efficiency with ROE of 67.3% and ROA of 19.3%
  • + Manageable debt structure with 22.1x interest coverage ratio despite net debt position
ChatGPT
  • + Exceptional profitability with 48.2% gross margin, 35.4% operating margin, and 29.3% net margin
  • + Very strong cash generation, with $51.55B in free cash flow and a 35.9% FCF margin
  • + Solid growth quality as net income (+19.5%) and diluted EPS (+22.7%) are growing faster than revenue (+6.4%)

AAPL Stock Risks: Apple Inc. Investment Risks

Claude
  • ! Revenue growth of 6.4% is moderate, suggesting mature markets and potential saturation in core segments
  • ! Current ratio of 1.07x and quick ratio of 1.02x are tight, though mitigated by exceptional cash generation
  • ! Net debt position of $37.1B ($82.7B debt minus $45.6B cash) requires ongoing cash generation for serviceability
  • ! 14 Form 4 insider filings in 90 days warrant monitoring for insider activity patterns
ChatGPT
  • ! Current ratio of 0.97x and quick ratio of 0.94x leave limited short-term liquidity cushion
  • ! Leverage is meaningful, with $88.50B in long-term debt and debt/equity at 1.00x
  • ! Profit growth is materially outpacing revenue growth, which may be harder to sustain if margin expansion slows

Key Metrics to Watch

Claude
  • * Operating cash flow and free cash flow trends year-over-year
  • * Gross margin sustainability amid competitive and cost pressures
  • * Revenue growth rate trajectory and geographic/segment diversification
  • * Return on equity and return on assets consistency
  • * Debt-to-equity ratio and net debt reduction pace
ChatGPT
  • * Revenue growth versus net income growth
  • * Free cash flow margin and operating margin

Apple Inc. (AAPL) Financial Metrics & Key Ratios

Revenue
$254.9B
Net Income
$71.7B
EPS (Diluted)
$4.85
Free Cash Flow
$78.3B
Total Assets
$371.1B
Cash Position
$45.6B

💡 AI Analyst Insight

The 30.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

AAPL Profit Margin, ROE & Profitability Analysis

Gross Margin 48.6%
Operating Margin 34.0%
Net Margin 28.1%
ROE 67.3%
ROA 19.3%
FCF Margin 30.7%

AAPL vs Technology Sector: How Apple Inc. Compares

How Apple Inc. compares to Technology sector averages

Net Margin
AAPL 28.1%
vs
Sector Avg 18.0%
AAPL Sector
ROE
AAPL 67.3%
vs
Sector Avg 22.0%
AAPL Sector
Current Ratio
AAPL 1.1x
vs
Sector Avg 2.5x
AAPL Sector
Debt/Equity
AAPL 0.8x
vs
Sector Avg 0.5x
AAPL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Apple Inc. Stock Overvalued? AAPL Valuation Analysis 2026

Based on fundamental analysis, Apple Inc. appears fundamentally strong relative to the Technology sector in 2026.

Return on Equity
67.3%
Sector avg: 22%
Net Profit Margin
28.1%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.78x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Apple Inc. Balance Sheet: AAPL Debt, Cash & Liquidity

Current Ratio
1.07x
Quick Ratio
1.02x
Debt/Equity
0.78x
Debt/Assets
71.3%
Interest Coverage
22.05x
Long-term Debt
$82.7B

AAPL Revenue & Earnings Growth: 5-Year Financial Trend

AAPL 5-year financial data: Year 2021: Revenue $365.8B, Net Income $55.3B, EPS $2.97. Year 2022: Revenue $394.3B, Net Income $57.4B, EPS $3.28. Year 2023: Revenue $394.3B, Net Income $94.7B, EPS $5.61. Year 2024: Revenue $394.3B, Net Income $99.8B, EPS $6.11. Year 2025: Revenue $416.2B, Net Income $97.0B, EPS $6.13.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Apple Inc.'s revenue has grown significantly by 14% over the 5-year period, indicating strong business expansion. The most recent EPS of $6.13 reflects profitable operations.

AAPL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
30.7%
Free cash flow / Revenue

AAPL Quarterly Earnings & Performance

Quarterly financial performance data for Apple Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $95.4B $24.8B $1.65
Q1 2026 $124.3B $36.3B $2.40
Q3 2025 $85.8B $21.4B $1.40
Q2 2025 $90.8B $23.6B $1.53
Q1 2025 $119.6B $33.9B $2.18
Q3 2024 $81.8B $19.9B $1.26
Q2 2024 $90.8B $23.6B $1.52
Q1 2024 $117.2B $30.0B $1.88

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Apple Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$82.6B
Cash generated from operations
Stock Buybacks
$37.0B
Shares repurchased (TTM)
Capital Expenditures
$4.3B
Investment in assets
Dividends Paid
$7.7B
Returned to shareholders

AAPL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Apple Inc. (CIK: 0000320193)

📋 Recent SEC Filings

Date Form Document Action
May 8, 2026 4 xslF345X06/form4.xml View →
May 1, 2026 10-Q aapl-20260328.htm View →
Apr 30, 2026 8-K aapl-20260430.htm View →
Apr 27, 2026 4 xslF345X06/form4.xml View →
Apr 20, 2026 8-K ef20071035_8k.htm View →

Frequently Asked Questions about AAPL

What is the AI rating for AAPL?

Apple Inc. (AAPL) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 87% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AAPL's key strengths?

Claude: Exceptional gross margin of 48.6% and net margin of 28.1% demonstrate pricing power and operational excellence. Outstanding cash generation with $78.3B free cash flow and 30.7% FCF margin; operating cash flow covers capex 19x over. ChatGPT: Exceptional profitability with 48.2% gross margin, 35.4% operating margin, and 29.3% net margin. Very strong cash generation, with $51.55B in free cash flow and a 35.9% FCF margin.

What are the risks of investing in AAPL?

Claude: Revenue growth of 6.4% is moderate, suggesting mature markets and potential saturation in core segments. Current ratio of 1.07x and quick ratio of 1.02x are tight, though mitigated by exceptional cash generation. ChatGPT: Current ratio of 0.97x and quick ratio of 0.94x leave limited short-term liquidity cushion. Leverage is meaningful, with $88.50B in long-term debt and debt/equity at 1.00x.

What is AAPL's revenue and growth?

Apple Inc. reported revenue of $254.9B.

Does AAPL pay dividends?

Apple Inc. pays dividends, with $7,743.0M distributed to shareholders in the trailing twelve months.

Where can I find AAPL SEC filings?

Official SEC filings for Apple Inc. (CIK: 0000320193) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AAPL's EPS?

Apple Inc. has a diluted EPS of $4.85.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AAPL a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Apple Inc. has a BUY rating with 87% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is AAPL stock overvalued or undervalued?

Valuation metrics for AAPL: ROE of 67.3% (sector avg: 22%), net margin of 28.1% (sector avg: 18%). Higher ROE suggests strong returns relative to peers.

Should I buy AAPL stock in 2026?

Our dual AI analysis gives Apple Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is AAPL's free cash flow?

Apple Inc.'s operating cash flow is $82.6B, with capital expenditures of $4.3B. FCF margin is 30.7%.

How does AAPL compare to other Technology stocks?

Vs Technology sector averages: Net margin 28.1% (avg: 18%), ROE 67.3% (avg: 22%), current ratio 1.07 (avg: 2.5).

Why is AAPL's return on equity (ROE) so high?

Apple Inc. has a return on equity of 67.3%, significantly above the Technology sector average of 22%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 28.1% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-28 | Powered by Claude AI