# Apple share price today (Apple Inc., AAPL) > Apple Inc.'s results are improving, and its P/E is near the top of its own history, higher than 84% of past readings. AAPL · Technology · Consumer Electronics · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/aapl Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Growing steadily, from the last 12 quarters - Price: $331.90 (+22.8% in a year) - P/E: 37.0× (higher than 84% of the last 4.6 years) - Revenue (Jun 2026): $109 B (+16.4% on a year ago) - Profit (Jun 2026): $29.8 B (+27.1% on a year ago) - Operating margin: 32.6% (+2.6 points on a year ago) - ROE: 152%, FY25 - ROIC: 99.0%, against a 10.0% cost of capital: +89.0 points The main question: results are strong, and the P/E is higher than 84% of its own history. ## What is the Apple share price today? Apple Inc.'s share price was $331.90 at the close on 3 November 2026. It has been rising for 48 weeks. That is 11.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between $248 and $348, and at that close it sat 84% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 9 weeks in a row. Over the last 10 years the share price moved +1,273% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Apple pay? Apple Inc. paid $1.05 per share over the last four reported quarters. The most recent declaration was $0.27 for Jun 2026. At today's price of $331.90 that is a yield of 0.32%, based on dividends already paid, not a forecast. ## Which stock lists is Apple on? Apple is on 4 of our US lists: Nasdaq 100 companies, S&P 500 companies, Dow Jones 30 stocks and US tech stocks. - [Nasdaq 100 companies](https://www.sectoralpha.in/nasdaq-100-stocks) - [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks) - [Dow Jones 30 stocks](https://www.sectoralpha.in/dow-jones-stocks) - [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is Apple profitable? Apple Inc. earned $29.8 B of net profit in the Jun 2026 quarter, +27.1% on the same quarter a year earlier. That is the 7th quarter in a row of profit growth. Full-year FY25 profit was $112 B. Over 4 years profit has grown 4.3% a year on average. That is 27.2% of the quarter's revenue. The same quarter a year earlier earned $23.4 B. For the full year, FY25 profit was $112 B (+19.5% on the year before). Why profit moved: revenue changed +16.4% on a year earlier and the margin moved +2.6 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +37.2% and revenue +14.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Apple make, and is it growing? Apple Inc. reported $109 B of revenue in the Jun 2026 quarter, +16.4% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 3.3% a year on average. The last full year, FY25, came in at $416 B. The last four reported quarters add to $467 B. FY25 revenue was $416 B, +6.4% on the year before. Recent pace: the last four quarters grew +14.2% on average, against 3.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +14.2%, against +10.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +29.9%, against +12.5% a year (accelerating). ## How much of every $100 of sales does Apple keep? Apple Inc.'s operating margin was 32.6% in the Jun 2026 quarter, 2.6 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 29.8% and 32.0%. The latest quarter is above every full year in that period. Across 5 years it has been between 29.8% and 32.0%, and FY25's 32.0% is the highest of them. Why the margin moved: operating margin changed +2.6 percentage points on the year while gross margin changed +3.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Apple's profit turning into cash? Over the last 3 years, 112% of Apple Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $111 B of operating cash against $112 B of profit. After $12.7 B of spending on assets, $98.8 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Apple's cash go? Apple Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $33.1 B on assets over the last 3 years. Averaged over those years that is 2.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $33.1 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Apple's P/E ratio, and how does it compare with its own history? Apple Inc.'s P/E is 37.0×, near the high end of its own history: higher than 84% of past readings. Its usual P/E (the middle reading) is 31.6×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +22.7% while the price moved +22.8%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +23.4% a year; about +12.5% a year came from earnings growth and about +10.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Apple business getting better or worse? Apple Inc.'s business is growing steadily. Revenue and EPS growth have stayed positive throughout, and ROCE is steady at 73.0%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Apple earn on its capital? Apple Inc. earned a ROE of 152% in FY25. That is up from a low of 150% in FY21. Its return on capital used (ROIC) is 89.0 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 26.9% net margin and 1.16× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 26.9% net margin × 1.16× asset turnover × 4.87× leverage (assets divided by equity) ≈ 152.0% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 99.0% − 10.0% = +89.0 percentage points. The 10.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 99.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 92.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Apple have too much debt? Apple Inc. has total debt of $84.3 B against shareholder equity of $108 B as of Jun 2026, so its debt is 0.78× its equity. Year by year, that ratio went from 2.16 in FY21 to 1.52 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Apple shareholding pattern? 0.9% of Apple Inc.'s tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 3.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Apple from balance-sheet trouble? For Apple Inc., the Z-score is 10.93. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 10.93 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Apple rank in its industry? 71.5 out of 100, rank 1 of 6 in Consumer Electronics, with 82% of the evidence available. Apple Inc. scores 71.5 out of 100 against the 6 companies it is compared with in Consumer Electronics, ranking 1. Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. The four parts add up to the total exactly: 25.1 + 20.5 + 13.5 + 12.4 = 71.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Apple compared with? Apple ranks 1 of 6 Consumer Electronics companies on the 4-Factor Sector Score, with 71.5 out of 100. 1. Apple Inc. this page AAPL · breaking out · Most evidence points up · 82% evidence 71.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.1/35 · Revenue 14.2% · Profit 29.9% · Operating margin change 2.6 points · 95% evidence Capital efficiency 20.5/25 · ROCE 66.2% · Operating margin 32.6% · 76% evidence Valuation 13.5/20 · P/E 32.3× · PEG 1 · 50% evidence Relative strength 12.4/20 · Lead over its industry 4.1% · Lead over S&P 500 8.4% · 1 year 23.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 25.1 + 20.5 + 13.5 + 12.4 = 71.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Sonos, Inc.](https://www.sectoralpha.in/us/stocks/sono) SONO · losing its lead · Evidence leans up · 64% evidence 52.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 5.7% · Profit n/a · Operating margin change 4.3 points · 71% evidence Capital efficiency 12.6/25 · ROCE 13.1% · Operating margin 4.4% · 76% evidence Valuation 10.0/20 · P/E 28.4× · PEG n/a · 0% evidence Relative strength 6.8/20 · Lead over its industry -6.4% · Lead over S&P 500 -3% · 1 year -2.1% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.4 + 12.6 + 10 + 6.8 = 52.8 · What this means: Earnings are strong; relative strength in its sector is -6.4% and the one-year return is -2.1%. 3. [Turtle Beach Corporation](https://www.sectoralpha.in/us/stocks/tbch) TBCH · turning · Evidence leans up · 64% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue -17.7% · Profit -110.5% · Operating margin change 5.7 points · 71% evidence Capital efficiency 8.4/25 · ROCE 6.9% · Operating margin -5.4% · 76% evidence Valuation 10.0/20 · P/E 17.2× · PEG n/a · 0% evidence Relative strength 19.0/20 · Lead over its industry 12.4% · Lead over S&P 500 16.6% · 1 year 9.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 13.8 + 8.4 + 10 + 19 = 51.2 · What this means: Relative strength against the index is 16.6%, and revenue and profit growth are weak. 4. GoPro, Inc. GPRO · breaking out · Evidence leans down · 64% evidence 49.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.3/35 · Revenue -23.8% · Profit n/a · Operating margin change -25.8 points · 71% evidence Capital efficiency 15.6/25 · ROCE 1782.1% · Operating margin -34.5% · 76% evidence Valuation 10.0/20 · P/E 26.9× · PEG n/a · 0% evidence Relative strength 8.3/20 · Lead over its industry -17.5% · Lead over S&P 500 -16.1% · 1 year -37.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 15.3 + 15.6 + 10 + 8.3 = 49.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Vuzix Corporation VUZI · quiet · Most evidence points down · 64% evidence 28.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.7/35 · Revenue 0% · Profit n/a · Operating margin change -95.1 points · 71% evidence Capital efficiency 4.5/25 · ROCE -98.1% · Operating margin -698.2% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 0.0/20 · Lead over its industry -37.9% · Lead over S&P 500 -35.6% · 1 year -34.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.7 + 4.5 + 10 + 0 = 28.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. Boundless Group BLTG · Too little evidence to rank firmly · 11% evidence 42.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/43.75 · Revenue n/a · Profit n/a · Operating margin change n/a · 0% evidence Capital efficiency 8.5/31.25 · ROCE -120.9% · Operating margin n/a · 46% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 21.9 + 8.5 + 12.5 = 42.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Consumer Electronics](https://www.sectoralpha.in/us/sectors/consumer-electronics), all 6 compared on one page. ## Which companies are close to Apple in size? Apple is the largest of 7 Consumer Electronics companies on Sector Alpha by market value (scores of 3 November 2026). It is the largest. Just below it: Sony Group Corporation, LG Display Co., Sonos, Inc., Turtle Beach Corporation, GoPro, Inc. and Vuzix Corporation. ### Consumer Electronics companies close in size 1. Apple Inc. $4.84 trillion 2. [Sony Group Corporation](https://www.sectoralpha.in/us/stocks/sony) $146.9 billion 3. [LG Display Co., Ltd.](https://www.sectoralpha.in/us/stocks/lpl) $2.7 billion 4. [Sonos, Inc.](https://www.sectoralpha.in/us/stocks/sono) $1.9 billion 5. [Turtle Beach Corporation](https://www.sectoralpha.in/us/stocks/tbch) $283 million 6. [GoPro, Inc.](https://www.sectoralpha.in/us/stocks/gpro) $173 million 7. [Vuzix Corporation](https://www.sectoralpha.in/us/stocks/vuzi) $158 million [All 7 Consumer Electronics companies, largest first](https://www.sectoralpha.in/us/sectors/consumer-electronics#all-companies) ### Companies close in size in other industries 1. Apple Inc. $4.94 trillion 2. [NVIDIA Corporation](https://www.sectoralpha.in/us/stocks/nvda) $4.88 trillion · Semiconductors 3. [Microsoft Corporation](https://www.sectoralpha.in/us/stocks/msft) $3.77 trillion · Software - Infrastructure 4. [Alphabet Inc.](https://www.sectoralpha.in/us/stocks/googl) $3.43 trillion · Internet Content & Information 5. [Amazon.com, Inc.](https://www.sectoralpha.in/us/stocks/amzn) $2.66 trillion · Internet Retail ## What else do people ask about Apple? ### What is Apple's stock price today? Apple Inc.'s stock price is $331.90, +22.8% over the past year. The whole company is worth $4,844 B on the market. In the last 52 weeks it traded between $248 to $348; today it is 84% of the way up from the low, 11.6% above its 200-day average (as of 3 November 2026). ### What were Apple's latest quarterly results? Apple Inc. reported revenue of $109 B and net profit of $29.8 B for the Jun 2026 quarter. Revenue rose 16.4% and profit rose 27.1% compared with a year earlier. Earnings per share were $2.02. The operating margin was 32.6%, 2.6 percentage points higher than a year earlier (as of 3 November 2026). ### What is Apple's market cap? Apple Inc.'s market capitalisation is $4,844 B at a stock price of $331.90. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Apple performing? Apple Inc.'s share price has been rising for 48 weeks. In its latest quarter, revenue rose 16.4% and profit rose 27.1% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 9 weeks running (as of 3 November 2026). ### Will Apple's stock price go up? This page does not forecast Apple Inc.'s stock price. What it shows instead: the stock price is $331.90, and it has been rising for 48 weeks. Its P/E of 37.0× is higher than 84% of its own last 5 years (as of 3 November 2026). ### Does Apple have too much debt? Apple Inc. has a moderate amount of debt: its debt is 0.71× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Apple in its business cycle? Apple Inc.'s FY25 operating margin was 32.0%, against a 5-year range of 29.8% to 32.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 32.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Apple story? The main question: results are strong, and the P/E is higher than 84% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Apple a stock worth studying right now? What the numbers show: Apple Inc.'s results are improving, and its P/E is near the top of its own history, higher than 84% of past readings. The main open question: whether earnings grow enough to match the multiple. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - Nasdaq 100 companies: https://www.sectoralpha.in/nasdaq-100-stocks - S&P 500 companies: https://www.sectoralpha.in/sp-500-stocks - Dow Jones 30 stocks: https://www.sectoralpha.in/dow-jones-stocks - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.