Apple Inc. AAPL NASDAQ

NASDAQ Global Select • Technology • Consumer Electronics • US • USD

SharesGrow Score

65/100

4/7 Pass

SharesGrow Intrinsic Value

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

Apple Inc. (AAPL) generated $111.48B in operating cash flow for fiscal year 2025. After capital expenditures of $12.72B, free cash flow was $98.77B.

Free cash flow margin was 23.7% of revenue. Cash conversion ratio was 1x, indicating earnings are backed by cash.

The company returned $15.42B in dividends and $90.71B in share buybacks to shareholders during the period.

Criteria supported by this page:

HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (93/100, Pass) — $98.77B (23.7% FCF margin) supports a durable competitive advantage
INCOME (85/100) — Cash conversion ratio was 1x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 65/100 with 4/7 criteria passed.

SharesGrow 7-Criteria Score

65/100

SG Score

View full scorecard →

✗

VALUE

32/100

Price-to-Earnings & upside

→ Valuation

✓

FUTURE

67/100

Analyst consensus

→ Forecast

✓

PAST

100/100

→ Income

✗

HEALTH

33/100

Debt-to-Equity & liquidity

Proven by this page

✓

MOAT

93/100

Proven by this page

GROWTH

45/100

→ Income

✓

INCOME

85/100

→ Income

Apple Inc. Cash Flow History

Metric	TTM	FY2025	FY2024	FY2023	FY2022
Operating Cash Flow	$135.47B	$111.48B	$118.25B	$110.54B	$122.15B
Capital Expenditure	$-12.15B	$-12.72B	$-9.45B	$-10.96B	$-10.71B
Free Cash Flow	$123.32B	$98.77B	$108.81B	$99.58B	$111.44B